Kanye Resources has quadrupled its prospecting area with eight new licences (PLs) to 4,257km2 at the South Ghanzi copper-silver project in the Kalahari Copper Belt (KCB), Botswana. JOINT VENTURE The 50-50 strategic joint venture Botswana company comprises operator Kavango Resources plc and Power Metal Resources plc each with holdings through Kanye Resources plc, a UK company. Exploration costs […]
Tag: extractive industries
Anglesey grants QME option to develop Parys
Anglesey Mining plc has granted Quarry and Mining Equipment Ltd (QME) rights and the option, on completion of a prefeasibility study, to fund the mine development of the base and precious metals project on Parys Mountain, Anglesey. The company is also looking at various financing options to make progress with the project which was incorporated […]
Oriole awaits drill results as rains halt Senala operations
Oriole Resources plc said it expected drill results from Phase 2 drilling at Madina Bafé in the Senala joint venture gold project in Senegal. The company’s partner IAMGOLD Corporation has the option to spend up to $8 million to earn a 70% interest in the project. IAMGOLD, which started its Year 4 of that earn-in during […]
Caerus sells Black Pine nickel-cobalt project for £500,000
Caerus Mineral Resources plc has sold its non-core Black Pine nickel-cobalt project and associated licences for £500,000 to Aeramentum Resources Pty Ltd. PROJECT Caerus said that the four Black Pine licences, comprising nickel, cobalt and copper, had no exploration expenditure budgeted in the near future. The company added that although nickel-cobalt were essential battery metals, they were not […]
Anglesey appoints Jonathan Battershill as CEO
Anglesey Mining plc has appointed Jonathan (Jo) Battershill as new chief executive, replacing Bill Hooley, and a director with effect from 1 August 2021. The group also hopes to appoint in the coming weeks two non-executive directors. Mr Battershill, 50, is a mining geology graduate from Camborne School of Mines and has extensive operational and financial […]
Anglesey Mining CEO Bill Hooley to step down
Anglesey Mining plc announced that chief executive Bill Hooley is to step down after 15 years in the role and become deputy chairman effective from 1 August 2021. He became the company’s CEO in 2006 and has overseen operations for Parys Mountain as well as being president of Labrador Iron Mines. Mr Hooley directed the […]