Metals & Minerals News

Condor presents two mining options for La India

Condor Gold plc has outlined two mining scenarios following SRK Consulting’s preliminary economic assessment (PEA) on its 100% owned La India gold project in Nicaragua. SCENARIOS Scenario A involves mining from four open pits, termed La India, America, Mestiza and Central Breccia Zone (CBZ), which targets a plant feed rate of 1.225 million tonnes per […]

Metals & Minerals News

Condor Gold appoints John Seaberg as CFO

Condor Gold plc has appointed John Seaberg as chief financial officer with effect from 1 September 2021. He replaces Jeffrey Karoly who has been the company’s part-time CFO for four years while also being CFO of Rupert Resources. Mr Seaberg has more than 25 years’ experience in the mining industry and held a number of executive […]

Metals & Minerals News

Condor makes significant progress as losses widen

Condor Gold plc’s pre-tax losses increased and cash decreased as it progresses with operations at its La India project in Nicaragua. FINANCES In its unaudited interim results for six months ended June 2021, the company recorded pre-tax losses of £1,013,860 during the first six months of 2021 (H1 2020: £355,419). Net cash used in operating […]

Metals & Minerals News

La India starter pits gold grades exceed expectations

Condor Gold plc reported gold grades exceeding expectations from further diamond drilling between and along strike of the planned starter pits at La India project in Nicaragua. The company said it was encouraged by higher than expected grades in three of the 12 drill holes. In particular, two high-grade, wide intercepts lie between the two […]