Alba Mineral Resources plc has raised £75,000 before expenses by placing 600 million new ordinary shares each at 0.0125 pence to an institutional investor. Following admission, the company’s ordinary shares in issue will total 11,541,721,949, with none held in treasury. Alba’s assets include the Dolgellau gold belt, including the historic gold mines of Clogau-St David’s […]
Month: March 2025
Kavango appoints Alexandra Gorman as COO
Kavango Resources plc has appointed non-executive director Alexandra (Alex) Rose Gorman to the full time executive role of chief operating officer, effective early June 2025. Ms Gorman will move to Bulawayo, Zimbabwe to manage Kavango’s group operations. As a NED, she was involved in both technical decisions and long term strategic planning, having made a […]
Helium One offered mining licence for Rukwa
Helium One Global has been offered a mining licence for its southern Rukwa project in Tanzania. FLAGSHIP The licence would cover approximately 480km2, encompassing all of the project in the Momba, Sumbawanga Districts in the southern Rukwa Basin. The area is “significantly” larger than a standard mining licence area for conventional mining practices, noted the […]
Helium One confirms free gas in Jackson-31
Helium One Global Ltd’s joint venture has confirmed free gas after drilling the Jackson-31 well at the Galactica project in Las Animas County, Colorado, USA. COLUMN Operator and partner Blue Star Helium drilled to total depth of 1,210 ft (368.8m) measured depth with the well flowing “naturally during drilling” and at TD, demonstrating “strong” reservoir […]
Conroy Gold NED leaves to join BHP
Conroy Gold and Natural Resources plc non-executive director Marian Moroney has resigned, effective 28 February, to join BHP Group Ltd. SERVICE She left Conroy’s board due to potential conflicts of interest with her new executive role of head of prospect evaluation with the Australian iron ore, copper and metallurgical coal miner. “I am grateful for […]
FCM chairman steps down to become MD
First Class Metals plc chairman James Knowles has stepped down following completion of an initial subscription, representing 41% of the company’s enlarged share capital, by The Seventy Ninth Group. OPPORTUNITIES Mr Knowles has become managing director, while Seventy Ninth’s chairman David Webster is now a director and non-executive chairman and chief executive Marc Sale retains […]