Guardian Metal Resources plc has received £17,000 following an exercise of warrants over 100,000 new ordinary shares of 1 pence each at an exercise price of 17p per warrant share. Following admission, the company’s issued share capital will comprise 125,106,991 ordinary shares of 1p each, with voting rights. Guardian’s projects are located in Nevada and include […]
Metals & Minerals
Cora appoints Adam Davidson as NED
Cora Gold Ltd has appointed Adam Davidson as an independent non-executive director. Board NED David Pelham has stepped down, effective immediately, and will continue as a technical adviser. “On behalf of the company and all our stakeholders, I would like to thank Dave for his years of service,” said chairman Ed Bowie. “He has made […]
Metals shareholders approve Condor acquisition
Metals Exploration plc shareholders have approved the acquisition of Nicaragua-focused Condor Gold plc. TIMELINE At yesterday’s general meeting more than 99% of votes were in favour of the purchase. Completion of the acquisition is subject to remaining conditions and High Court sanction at a hearing expected on 13 January 2025. Condor shareholders approved the sale […]
Parys Mountain EIA scoping study approved
Anglesey Mining plc said its environmental impact assessment (EIA) scoping report for Parys Mountain recently received consent, with recommendations for further work. LICENCE The North Wales Minerals and Waste Planning Service, on behalf of Anglesey County Council broadly agreed with aspects such as ecology and biodiversity, visual impact, air quality, noise and vibration, labour and […]
Alba exercises Finnsbo rare earth option
Alba Mineral Resources plc has exercised the earn-in option to acquire the Finnsbo rare earth project in eastern Bergslagen in Uppland, eastern Sweden. INTEREST The completed transaction involves payment to the project owners of £7,500 in cash and £7,500 in 30,512,612 Alba shares. Following admission the company will have 10,941,721,949 ordinary shares in issue, with […]
CMR to expand Morocco trading arm
Critical Mineral Resources plc aims to expand its Morocco joint venture trading arm from low-risk, short-term deals to multiple small mines with “good tonnage and high-grade products”. RURAL The company will also widen its target range of metals and include potentially industrial minerals. CMR has started discussions with “a number of potential providers” for additional […]