Altona Rare Earths plc has appointed Simon Charles as chairman, with immediate effect. He first joined the company in June 2023 as an independent non-executive director and chair of the audit committee and the compliance committee. Mr Charles is a solicitor and a senior partner at City solicitors Marriott Harrison LLP. He replaces Martin Wood […]
Tag: metals and minerals
Cornish Metals drill proves ‘large scale’ tin target
Cornish Metals Inc said its 9,000m drilling programme of 14 holes had successfully validated “a new, large-scale, tin-bearing exploration target” of Wide Formation, in Carn Brea South. EXPLORATION The campaign began in September 2023 and today’s reported results are from the final eight holes. Mineralisation was traced over a 2,500m extent up to 800m down […]
Red Rock issues 44.4m shares for £20,000
Red Rock Resources plc issued 44,444,444 new ordinary shares at a subscription price of 0.045 pence per share to convert an advance of £20,000 by an existing shareholder. Following the shares issue the company’s issued ordinary share capital will comprise 4,830,265,010 ordinary shares, each with voting rights. None of the shares is held in treasury.
Red Rock defers payment for Australia assets
Red Rock Resources plc has secured more time to pay £250,000 to take control of all its Australia gold assets. EXPLORATION The parties agreed a new date of 13 September following delays to the company’s Congolese arbitration award and employee sickness in Burkina Faso. Red Rock said it had been in Kinshasa over recent weeks […]
Anglesey to submit new plans for Parys
Anglesey Mining plc will submit a fresh plans including new surface infrastructure, a tailings management facility, a decline portal and some small ventilation shaft collars for Parys Mountain. MINING The decision follows completion and submission on 31 July of its environmental impact assessment (EIA) scoping report which raised reasons for a new application. Anglesey ruled […]
Ormonde appoints Steve Nicol as NED
Ormonde Mining plc has appointed its technical advisor Steve Nicol as a non-executive director, with immediate effect. Earlier this month he was appointed chief executive of the company’s investee TRU Precious Metals Corp, where he has been a director since Ormonde’s investment in 2023. In April, Mr Nicol was made a director of Ormonde’s other investee Peak Nickel […]