Condor Gold plc said that its latest drill results were highly encouraging at the La India project in Nicaragua. The miner added that the results, which showed two significant intercepts, also added considerable confidence to the company’s geological model, mineral resource and reserve calculation as well as the mine plan. Condor has completed the first […]
Metals & Minerals
Red Rock maintains goal for mid-tier status
Red Rock Resources plc last year recorded modest improvements across its group’s interests in manganese, gold, copper and cobalt. FINANCES In its unaudited results for the six months to 31 December 2020, the company’s total equity increased by 20.4% to £16.659 million, following a 53.7% increase over the previous six months. Current and non-current assets together increased […]
Cora Gold review improves results from Dako II drill
Cora Gold Ltd reported improved results from the re-analysis of samples from drilling at Dako II permit in southern Mali. The junior miner conducting drilling during the final quarter of 2020 at the site contiguous with the company’s flagship Sanankoro gold project. The first-pass screening 50g fire assay results set out in an announcement on […]
Kanye SJV to add more Cu-Ag licences at South Ghanzi
Kavango Resources plc and strategic joint venture (SJV) partner Power Metal Resources plc have signed conditional agreements to acquire a 100% interest in eight licences in the Kalahari Copper Belt (KCB). The move follows the 50-50 SJV’s creation of two new companies; Kanye Resources (Pty) Ltd (Kanye Botswana) which is wholly owned by Kanye Resources […]
Tertiary boosted by copper results at Lucky
Tertiary Minerals plc said it had encouraging analytical results from its first drill hole at the Lucky copper project in Nevada, USA. Hole 21TLRC001 was drilled to a depth of 108.24 metres and intersected two magnetic gossan zones containing low-grade copper (+/-gold) mineralisation. The miner said that there was highly anomalous copper (average 325 per […]
‘Male and pale’ culture in minerals sector must end
Mineral and resource companies should demonstrate an increase in female employees by the end of 12 months, said the CEO of the industry’s trade association. Positions which need to be occupied by women range from new recruits to board directors and chief executives as well as public speakers. Chief executive of the Mineral Products Association […]