European Green Metals Ltd (EGM) has been awarded a “highly prospective” three-year exploration licence covering several historic mining districts in the state of Saxony, Germany. FUNDING The Marienberg permit, covering 381km2 in southern Saxony, hosts several styles of mineralisation within the Marienberg-Pobershau, Annaberg-Buccholz and Seiffen mining districts. EGM said that the districts were mined, from […]
Company Moves
Rockhopper chairman and NED step down
Outgoing chairman of Rockhopper Exploration said the company was in the “strongest possible” position it had been in for “some considerable time” as a new leadership takes over on 1 October. EXPERIENCE Keith Lough and non-executive director John Summers leave on 30 September after nine “challenging and enjoyable” years to make way for former Capricorn […]
Golden Metal NED Scott Richardson Brown steps down
Golden Metal Resources plc non-executive director Scott Richardson Brown has stepped down. Mr Brown helped guide the company through the admission process and the transition to a public company. “I would like to thank Scott on behalf of the board and all the shareholders for his valuable advice during his time with the company,” said […]
Kavango extends Botswana exploration footprint
Kavango Resources plc has created a single expanded exploration area in Botswana by adding a 90% interest in six further licences in the Kalahari copper belt (KCB). DOMAL STRUCTURES The licences are next to the company’s Karakubis and South Ghanzi blocks, collectively forming a contiguous exploration area next to the Namibian border. Kavango said it […]
Chesterfield looks to UAE
Chesterfield Resources plc is considering new openings in the United Arab Emirates following the board resignation of 17.9% shareholder Polymetal International’s representative. JUNIPER INTERNATIONAL The move follows the pending sale of Chesterfield shares by Polymetal, represented by non-executive director (NED) Evgeny Vrublevskiy, to private investment holding and advisory company Juniper International FZ LLC. Chesterfield, which has […]
Green Glen Minerals appoints Michael Nolan as a director
Green Glen Minerals Ltd has appointed Michael Nolan as a director. Companies House recorded the appointment effective from 13 September 2023. Mr Nolan is a chartered accountant and has worked in the natural resource industry for more than 20 years. He is the founder and former finance director of Cove Energy, where he guided the company […]