Finance Metals & Minerals News

Alba raises £300,000 via placing

Alba Mineral Resources plc has raised £300,000 in a placing and subscription of 857,142,857 new ordinary shares at 0.035 pence per ordinary share. USES Chairman George Frangeskides subscribed for 48,571,428 shares for £17,000 and non-executive director Michael Nott subscribed for 8,571,428 (£3,000). Following admission, the total number of ordinary shares in issue will be 9,175,447,238, with voting rights. The […]

Finance Metals & Minerals News

GreenRoc raises £110,000 via subscription

GreenRoc Mining plc has this week raised a further £110,000 via a subscription of a total 6,111,108 new ordinary shares of 0.1 pence each at a price of 1.8 pence per share. DIRECTORS/PDMRs The company’s directors, persons discharging managerial responsibilities, its largest shareholder Alba Mineral Resources plc and a number of Alba concert parties took […]

Metals & Minerals News

Alba extends lithium option and progresses Clogau

Alba Mineral Resources plc has extended the due diligence period for the Andover West lithium project in Western Australia while progressing operations at its Clogau-St David’s gold mine.      DEWATERING The company now has until 18 June 2024 to decide whether it wishes to acquire an initial 50% interest in the lithium rights over the West […]

Company Moves Metals & Minerals News

Alba appoints Kobus Byleveldt as mine manager

Alba Mineral Resources plc has appointed Kobus Byleveldt as mine and operations manager at Clogau-St David’s gold mine. Mr Byleveldt has more than 26 years’ mining and management experience within the gold mining sector in South Africa and Scotland, including in mine planning, construction and development.  He was most recently mine manager, for approximately 2.5 years, at the […]