Central Asia Metals plc reported an increased dividend from a strong financial performance driven by high commodity prices for its Kounrad copper operations in Kazakhstan and Sasa lead-zinc mine in North Macedonia. DIVIDEND In the company’s unaudited interim results for the six months ended 30 June 2022 chief executive Nigel Robinson announced an increase in […]
Tag: base metals
Kavango secures new licence and renews six in Botswana
Kavango Resources plc has been awarded a new licence and renewed six existing ones at its two polymetallic projects in Botswana. PROJECTS The company’s new licence and renewal of five is in the Kalahari Suture Zone project. Kavango has also renewed its licence in its 50-50 joint venture with Power Metal Resources plc, currently under […]
CAML appoints Chris Colbourne as Sasa general director
Central Asia Metals plc has appointed Chris Colbourne as the new general director of its Sasa zinc and lead mine in North Macedonia. He replaces Scott Yelland who continues with the company in his role as chief operating officer. Mr Colbourne has 30 years’ technical, operational and management experience which includes 14 years in senior […]
Caerus blocked by military from Kalavasos dumps
Caerus Mineral Resource plc has been blocked by a military buffer zone and refused permission to renew its licence to explore waste dumps for copper and gold at the Kalavasos project in Cyprus. KALAVASOS The company’s subsidiary New Cyprus Copper (NCC) holds four licences in the region as part of Caerus’s ‘clean energy’ initiative with […]
Alba receives £22,000 via warrant exercise
Alba Mineral Resources plc received £22,000 following notice to exercise warrants for 16,923,077 shares. The warrants have an exercise price of 0.13p per share and an expiry date of 4 September 2022. Following admission, the total number of ordinary shares in issue will be 6,621,568,996.
Kavango identifies prospective copper drill target at Mamuno, KCB
Kavango Resources plc said it had identified a large drill target prospective for copper on its Mamuno project area in the Kalahari Copper Belt (KCB), Botswana. MAMUNO The Mamuno project area comprises four of the company’s licences – PL046/2020, PL049/2020, PL052/2020, PL053/2020 – held in a 50-50 joint venture with Power Metal Resources plc. Kavango […]