Alba Mineral Resources plc has surrendered its Limerick zinc-lead prospecting licence in the absence of the third-party consents for drilling and viable drill targets. PRINCIPAL ASSETS The licence contained prospective targets but had not been a key focus and its surrender would have no material impact, said the company. “In fact, the surrender frees up […]
Tag: lead
CAML records strong Kounrad-Sasa production
Central Asia Metals plc operations report showed copper recovery above guidance and zinc-lead production within guidance from its operations in Kazakhstan and North Macedonia. KOUNRAD At the Kounrad dump leach, solvent extraction and electro-winning (SX-EW) copper recovery plant, the company reported record production of 14, 254 tonnes of copper, with zero lost time injuries. The […]
Power Metal plans Wilan merger to reach Mount Isa
Power Metal Resources plc is extending its Australian copper reach in a planned merger of its Wilan project with two companies holding other exploration licences in Queensland. LISTING The Wilan project comprises two exploration licences covering a total 1,994km2. Power Metal has signed a heads-of-terms to combine Wilan with projects held by Australian companies RAB […]
CAML clears $187m debt for Sasa mine
Central Asia Metals plc has, after five year’s ownership, repaid the $187 million debt it needed to acquire the Sasa zinc-lead mine in North Macedonia. FINANCES The company is marking its fifth anniversary with a list of achievements during that time period. On 6 November 2017, Central Asia Metals bought Sasa, which began production in […]
Anglesey assays indicate extensive mineralised system
Anglesey Mining plc’s reported further representation of an extensive mineralised system from multiple broad intercepts at its Parys Mountain polymetallic project on Anglesey. FINAL HOLES The company, exploring for copper, zinc, lead, silver and gold volcanic massive sulphide deposits, drilled a total of ten holes as part of the 2022 infill drilling programme. Today’s published […]
Arkle notes restart of drilling at Stonepark
Arkle Resources plc’s joint venture (JV) partner is due to restart drilling at the Stonepark zinc and lead project in County Limerick, Ireland. PROGRAMME The JV, comprising six contiguous prospecting licences covering 184km2, is between Arkle (23.44%) and operator Group Eleven Resources Corp (76.56%). Group Eleven has to date completed three of six planned holes […]