Hummingbird Resources plc said that two non-binding expressions of interest had been submitted to acquire its 53% owned investee developing the Dugbe gold project in Liberia. DISCUSSIONS Operator Pasofino Gold Ltd is currently conducting a strategic review aimed at securing financing to advance a definitive feasibility study. The Canadian company is also in discussions with […]
Tag: metals and minerals
Shareholders oust Anglesey chairman John Kearney
Shareholders voted against re-electing Anglesey Mining plc chairman and director John Kearney after his nearly 30 years’ service with the group. SUPPORT At the company’s general meeting on 27 October, the resolution to re-appoint him received 93,533,645 votes in favour, 103,058,404 against with 256,302 withheld. Non-executive director Andrew King will act as interim chairman while […]
Tungsten West appoints new NEDs
Tungsten West plc has appointed Guy Edwards, Adrian Bougourd and Kevin Ross as non-executive directors with immediate effect. KEVIN EDWARDS Kevin Edwards’s experience within the aggregates industry includes previous CEO positions at Aggregate Industries UK and Aggregate Industries USA. He was also managing director of Midland Quarry Products and has 25 years’ senior management experience […]
Anglesey to send Parys drill samples for assay
Anglesey Mining plc said it expected to submit drill core samples for assay later this month from its copper-zinc-lead-silver-gold project at Parys Mountain on Anglesey, North West Wales. DRILLING Infill drilling of the White Rock and Engine Zone deposits continues with four of the nine planned holes finished and the fifth due for completion towards […]
Anglesey appoints Namrata Verma as NED
Anglesey Mining plc has appointed Namrata Verma as independent non-executive director with immediate effect. Ms Verma is a corporate finance executive experienced in advising metals and mining companies at the pre-feasibility and feasibility stages on project bankability, growth strategies, funding options, and financing execution. In 2015, she founded Terrafranca Advisory to provide independent debt financing advice […]
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% […]