Metals & Minerals News

CAML copper plant unaffected by Kazakh unrest

Central Asia Metals plc reported no disruptions from recent unrest to its electro-winning copper recovery plant in Kounrad, Kazakhstan. FINANCES In its financial results for Q4 and full year 2021 for Kounrad and the Sasa zinc-lead mine in North Macedonia, the company said copper production was in line with expectations. Central Asia Metals held cash […]

Metals & Minerals News

Power Metal reports high grade overlimit assay results at Silver Peak

Power Metal Resources plc reported high grade overlimit assay results from its 2021 diamond drilling exploration campaign at the Silver Peak project in British Columbia. SIGNIFICANT Phase 1 of the programme comprised 19 short cored drill holes with overlimit assays on all copper, antimony and lead results which returned >10,000 ppm (1%) from the original laboratory […]

Metals & Minerals News

Anglesey starts 2,750m drill at Parys

Anglesey Mining plc has started a nine-hole diamond drill programme for 2,750 metres at its copper-lead-zinc project on Parys Mountain, Anglesey. PROGRAMME The three-month programme will gather additional information for a feasibility study expected to begin during 2022. Anglesey Mining said that the drill programme includes infill drilling of the White Rock zone to convert […]

Metals & Minerals News

Alba notes substantial precious and base metals results in Dolgellau

Alba Mineral Resources plc said it had a suite of substantial precious and base metal results from its field exploration in the Dolgellau gold field (DGF), Wales. DOLGELLAU Alba has conducted further exploration across a number of high-priority regional targets in the DGF. The company said that multi-commodity mineralisation had been confirmed from sampling at […]

Metals & Minerals News

Anglesey to start first drill since 2012 at Parys

Anglesey Mining plc said it would in early November start the first drill programme since 2012 at its copper-zinc-lead project at Parys Mountain, Anglesey. PROGRAMME The company has engaged Irish Drilling for a minimum nine-hole programme for 2,750m designed to provide additional information for the planned feasibility study in 2022. Anglesey said that around 78% […]

Finance Metals & Minerals News

Anglesey raises £768,000 via discounted placing

Anglesey Mining plc raised £768,230 after issuing 22,595,000 new ordinary shares, representing 10% of the company’s current issued share capital, at 3.4 pence each. NEW SHAREHOLDERS The placing price represents a discount of 5.6% to the closing price on 7 October 2021. The investors include chief executive Jo Battershill who subscribed, via his company JJB […]