Finance Metals & Minerals News

Condor Gold receives £189,435 via warrant exercise

Condor Gold received gross proceeds of £189,435.20 on 13 January 2020 following notices to exercise of warrants. The company issued 501,713 new ordinary shares with a nominal value of 20p each in the capital of the company at a subscription price of 31p per share for 125,000 warrants and at a subscription price of 40p […]

Metals & Minerals News

Oriole expects gold drill results at Senala

Oriole Resources plc announced that a 10,000 metre air core (AC) drilling programme has been completed on schedule at the Senala gold project in Senegal. The AC drilling, conducted by joint venture partner IAMGOLD, aims to define better the geochemical footprint of gold mineralisation at the Faré prospect. Results are due during the first quarter […]

Metals & Minerals News

Anglesey PEA increases Parys mineable tonnage

Anglesey Mining plc reported major increase in mineable tonnage at its precious and base metals deposits at Parys Mountain in North Wales. POTENTIAL A preliminary economic assessment (PEA) conducted by Micon International Ltd of copper-zinc-lead-gold-silver deposits showed a new estimate of 5.2m tonnes in the indicated category at a combined base metal grade of 4.3%. […]

Metals & Minerals News

Alba restarts Clogau-St David gold surface drilling

Alba Mineral Resources plc said it had restarted surface drilling at its Clogau-St David’s Gold Mine in North Wales. The critical minerals and precious metals company added it had processed a small bulk sample at a third-party processing facility and results confirmed the production of a 20.7 grams per tonne (g/t) gold concentrate. Alba also […]

Metals & Minerals News

Hummingbird to extend drilling at Yanfolila gold mine

Hummingbird Resources plc said it has extended its drilling campaign after it intersected new zones mineralisation and found improved grade continuing at depth at its Yanfolila gold mine in Mali. The company has been conducting its final drilling programme at the Sanioumale East (SE) deposit. Results show that at 8m at 2.68 g/t from 112 m […]