Company Moves Metals & Minerals News

Scotgold appoints Robert Young as VP of operations

Posted on Author editorial Comments Off on Scotgold appoints Robert Young as VP of operations

Scotgold Resources Ltd announced it has appointed Robert Young as vice president of operations.

The Australian-backed company is currently working to optimise the processing plant at Cononish mine, improve mining efficiencies and increase production in line with its 2022-2023 growth strategy.

Related Articles
News Oil & Gas

Angus expects higher revenues at Saltfleetby

Posted on Author editorial

Angus Energy plc said it expected higher revenues than previous estimates from the Saltfleetby gas field (SGF) in Lincolnshire. PROGRAMME The company added it had employed contractors for the drilling programme and that it expected costs of the sidetrack to overrun. REVENUES A revised competent persons report (CPR) by Oilfield International Ltd using a conservative […]
News Oil & Gas

Put option exercised over 99m Corcel shares

Posted on Author editorial

Corcel plc said that the put option agreement over 99m shares of the company, representing 4.87% of the ordinary shares currently in issue, has been exercised with Extractions Premium & Mining Ltd (EXT). EXT, which currently holding 21.26% of Corcel, will also acquire an additional 100m new ordinary shares of Corcel following a forthcoming general meeting […]
Metals & Minerals News

Scotgold to use £2m director loan in two tranches

Posted on Author editorial

Scotgold Resources plc has provided a short-term director loan of £2 million for its subsidiary, SGZ Cononish Ltd (SCL), operating the gold mine near Tyndrum, Scotland. The loan was offered following delays in increasing production at the Cononish gold and silver mine. Nathaniel le Roux, William ‘Bill’ Styslinger, Peter Hetherington and Ian Proctor, together with […]