Equipment & Logistics Finance Metals & Minerals News

Scotgold review focuses on top down LHS mining

Scotgold Resources Ltd has outlined priorities identified from its continuing review of the revised mining plan and schedule for the Cononish gold-silver mine near Tyndrum. TOP-DOWN LHS The company, which still needs to pay debt interest, said that the mine plan and schedule until July 2025 focuses on transitioning to top-down long hole open stope […]

Metals & Minerals News

Scotgold to start blasting at Cononish

Scotgold Resources Ltd said it aimed to start blasting in approximately a week’s time at Cononish gold and silver mine near Tyndrum in Scotland. ORE GRADE The Australian company has finished long hole stoping on block 1 and now started on block 2 along the 115m strike length in the underground mine. Other work completed […]

Metals & Minerals News

Scotgold finds lower than expected grade at Cononish

Scotgold Resources Ltd said it had encountered “lower than expected grade” at 19m of the 115m strike length in Cononish gold and silver mine near Tyndrum in Scotland. OPERATIONS The company added that long hole stoping was “progressing well” and “for the most part” in line with the 2023 mine plan. A total of 1,956 […]

Metals & Minerals News

Scotgold long hole stoping ‘performing well’

Scotgold Resources Ltd said its new approach of long hole stoping was “performing well and in line with management’s expectation” at the Cononish gold and silver mine near Tyndrum in Scotland. CONSISTENT During the first week of April, the company changed its plans from extracting ore via level development and cut-and-fill stoping, following poor gold […]

Metals & Minerals News

Scotgold Resources begins long hole stoping with first blast at Cononish mine

Scotgold Resources Ltd began long hole stoping yesterday with the first blast in the eastern section of the 430 West drive at its Cononish gold and silver mine near Tyndrum in Scotland. LONG HOLE STOPING The operations follow poor gold grades encountered at the 430 West ore drive, prompting the company to alter its plans […]