Kavango Resources plc has appointed Thamsanqa (Tham) Mpofu as chairman of its subsidiary Kavango Zimbabwe (Private) Ltd. Mr Mpofu is a senior executive with commercial and business management experience. He has worked in local and international organisations focused on hospitality and service industries, distribution, manufacturing, fast-moving consumer goods, mining, banking and education. Mr Mpofu is […]
Tag: metals and minerals
CMR starts exploration at Igli
Critical Mineral Resources plc has begun exploration at the copper-silver Igli option in the Anti-Atlas, Morocco. PRODUCTION Phase I includes detailed geological rock and structural mapping to 50m spacing, locating silver, copper and other “economic mineral” showings across the property, rock chip, channel and stream sediment sampling, and high resolution satellite imagery, CMR, which is […]
Altona significant shareholders’ dealings
Altona Rare Earths plc significant investors have bought and sold shares over the past six days. As at 31 July Tracarta Ltd remains the largest shareholder with 30 million shares, equal to 18.4%. John Story, who previously held 15m shares, now holds none. Richard Jennings who also held 15m shares now has 18.05m, equal to […]
Ormonde welcomes Golden Rose earn-in
Ormonde Mining plc investee has signed a definitive agreement with a third company to join the Golden Rose copper-gold project in Newfoundland, Canada. ACCELERATE TRU Precious Metals Corp. granted Eldorado Gold Corp an exclusive option to earn an 80% ownership interest in the joint venture. Under the terms Eldorado’s expenditure will total $7 million with […]
Condor has ‘preferred bidder’ for La India
Condor Gold plc said that there was still substantial interest, with one preferred bidder, for La India open pit in Nicaragua. CONFIDENT Currently 11 companies are under non-disclosure agreements, five non-binding offers have been received and three site visits completed. Condor added it had received an “additional formal expression of interest” in the past three […]
Kavango identifies over 90 Karakubis trap sites
Kavango Resources plc has identified more than 90 interpreted trap-site features, with 10 priority targets for phase I drilling, at the 6,200km2 Karakubis copper project in Botswana. GOAL Previous analysis of core indicated the potential for the trap sites, which the company believes are associated with “doubly plunging anticlinal fold and fault structures”. Each potential trap […]