Power Metal Resources plc has made a further investment in Kalahari Key Mineral Exploration (Pty) Ltd in their nickel sulphide and platinum-group metal (PGM) mineralisation project in Botswana. Kalahari Key holds 100% of the Molopo Farms Complex (MFC) project and Power Metal earns into a 40% interest by funding $500,000 exploration expenditure in 2020. Power […]
Metals & Minerals
Altona partner granted three-year Nankoma licence
Rare earth element (REE) mining company Altona Energy plc has taken its projects in East Africa a step further following the granting of a three-year exploration licence. The company said that Leadway Group Ltd, with which it signed a heads of agreement on 21 September, had been awarded a three-year exploration licence for its tenement […]
Banks will not challenge refusal for new coal mine
Banks Mining said it would not challenge the Government’s decision to reject its plans for a surface coal mine in Highthorn, Northumberland but will pursue its proposed Dewley Hill mine, west of Newcastle. The company’s Dewley Hill application is expected to be discussed by the City Council’s planning committee before the end of the 2020. […]
Alba Mineral appoints Mark Austin as COO
Alba Mineral Resources plc has appointed its senior geologist Mark Austin as full-time chief operating officer. He will be responsible for the company’s day-to-day mining projects in north Wales, Greenland and Ireland. Mr Austin has management and operational experience in a career spanning four decades across a range of commodities, but with a particular focus […]
Altona appoints Martin Wood as chairman
Altona Energy plc has appointed Martin Wood as non-executive chairman, with immediate effect. Mr Wood is the founder and managing director of Vicarage Capital which assists junior and mid-cap resources companies. He established Vicarage Capital in 2003 and has advised many companies on AIM listings and long-term mining strategies. From 2017 to 2019, Mr Wood […]
Condor Gold closer to La India mine construction
Condor Gold said it has taken its wholly owned La India gold mine project in Nicaragua to the next stage by starting a ground investigation programme. The exploration company will conduct 20 geotechnical drill holes and 58 test pits on the tailings storage facility (TSF), water retention reservoir and processing plant site. The geotechnical drilling […]