Red Rock Resources plc expects to conclude and have payments arranged next week at a working meeting of parties involved in the arbitration award in the Democratic Republic of Congo. The company said it met various parties in Kinshasa over the Christmas and New Year period to discuss the award. Red Rock also signed a framework […]
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Cora expands MRE at Sanankoro
Cora Gold Ltd said it had delineated a further million ounces in its revised mineral resource estimate for its flagship Sanankoro project in southern Mali. RESERVES The 26% increase takes the 2022 MRE from 24.9 million tons to 31.4Mt at 1.04 g/t gold for 1,044 koz. The tonnage comprises an indicated 19.0 Mt at 1.13 […]
UEE appoints Andrew Webley as a director
Uranium Energy Exploration plc has appointed Andrew Webley as a director, effective 10 January. Companies House also recorded that Alexander Barblett’s post as director ended on 9 January. UEE’s other directors remain accountant Mario Visconti and Power Metal Resources plc chief executive Sean Wade. Previously named Teathers Financial, UEE was designed to be a subsidiary […]
Court sanctions Metals acquisition of Condor
Metals Exploration Ltd’s acquisition of Condor Gold plc has today been sanctioned by the High Court, with completion expected tomorrow. Following admission of 830,145,842 new Metals shares, the company will have 2,951,875,559 ordinary shares of £0.0001 each in issue, of which 393,513,302 ordinary shares are held in treasury. The total number of voting rights is therefore […]
Condor issues 300,000 option shares
Condor Gold plc has issued 300,000 new ordinary shares with a nominal value of £0.001 each, at a 23p per share subscription following an options exercise for £69,000. Non-executive director Ian Stalker received the shares and, in conjunction with Promaco Consulting Services Ltd, a company beneficially owned by him, and Promaco Ltd, a company owned […]
Guardian positive on industrial garnet results
Guardian Metal Resources plc said that industrial garnet processing results had far exceeded expectations on a bulk sample from its Pilot Mountain tungsten project in Nevada, USA. REVENUE The metallurgical processing characterisation study was on a composite 300kg bulk sample of industrial garnet. The sample consisted of approximately 118m of half-core samples from six historical […]