Metals & Minerals News

Alba to test ilmenite and drill deeper at Thule Black Sands

Alba Mineral Resources plc will conduct tests for ilmenite products and produce samples for customers and offtake partners at its Thule Black Sands (TBS) project in northern Greenland. The company added it also expected to increase tonnage at the site by drilling at depth next year. TBS has a combined mineralised strike length of around […]

Metals & Minerals News

Alba raises £1.3m for Wales and Greenland projects

Alba Mineral Resources has raised £1,300,000, before expenses, through the issue of 472,727,272 new ordinary shares at a price of 0.275 pence per ordinary share.  The proceeds were raised at a price four times higher than the price of money raised last month. Funding will now go towards Alba’s diversified portfolio including including surface drilling […]