Condor Gold plc today announced it had received £28,546 following notices to exercise the remaining warrants issued by the company in February 2019. PRIVATE PLACEMENT The company issued 92,083 new ordinary shares with a nominal value of 20p each in the capital of the company at a subscription price of 31p per share. In February […]
Tag: gold
Galantas agrees Omagh gold blasting with PSNI
Galantas Gold Corporation announced its operating subsidiary had reached a formal agreement regarding blasting with the Police Service of Northern Ireland (PSNI) at its Omagh gold mine. The Canadian gold miner, which has a 100% interest in Omagh gold mine, said: “The agreement provides the potential for a materially improved economic arrangement for an expansion […]
Hummingbird sets out 2021 ES projects for Mali
Hummingbird Resources plc said it would continue to adhere to the World Gold Council (WGC)’s, Responsible Gold Mining Principles (RGMPs) as the company also outlined its Mali community projects for 2021. The junior gold miner added it would also look at its tailings facility and work practices to comply with environmental, social and governance (ESG) standards. […]
Oriole acquires new Cameroon gold licences
Oriole Resources plc said it had expanded its Cameroon portfolio with five new gold licences and a further three granted to its partner. The five licences (Tenekou, Niambaran, Pokor, Ndom and Mbe) in Central Cameroon are located to the west of the regional capital, Ngaoundéré. They were granted through the company’s 90%-owned subsidiary Oriole Cameroon SARL. […]
Alba to drill new vein system at Clogau gold mine
Alba Mineral Resources plc said it planned to conduct an underground drilling programme in a newly identified vein system at Clogau-St David’s mine in North Wales. Six drill holes, LL001-LL006, have been completed for 724 metres in total including and holes LL004-006 have been completed for a further 324.5 metres. LL005 intersected the projected vein […]
Scotgold lowers output guidance
Scotgold Resources Ltd lowered its 2021 guidance for gold production, citing “teething problems” over handling issues and low recruitment due to pandemic restrictions imposed since 25 December. The company said that problems had occurred in three key areas of crusher circuit chokes, flotation circuit pumps and filter press controls at its Cononish gold and silver […]