Company Moves Metals & Minerals News

Power Metal owns 43.2% of Guardian voting rights

Power Metal Resources plc reported holding 43.2% of voting rights in Nevada-focused Guardian Metal Resources plc. ASSETS A TR-1 standard form for notification of major holdings showed that the threshold was crossed on 9 January 2025. Power Metal now holds 53,998,159 voting rights having previously held none. Under its original name of Golden Metal, Guardian […]

Company Moves Metals & Minerals News

UEE appoints Andrew Webley as a director

Uranium Energy Exploration plc has appointed Andrew Webley as a director, effective 10 January. Companies House also recorded that Alexander Barblett’s post as director ended on 9 January. UEE’s other directors remain accountant Mario Visconti and Power Metal Resources plc chief executive Sean Wade. Previously named Teathers Financial, UEE was designed to be a subsidiary […]

Metals & Minerals News

Power Metal uranium JV expands portfolio

Power Metal Resources plc’s uranium joint venture has expanded its portfolio by acquiring the Pardoe project, 35km southeast of the Athabasca Bain in northern Saskatchewan, Canada. TARGETS The company said that the acquisition lies in an area with over 33km of inferred geophysical linear constructors and multiple historical uranium occurrences. Pardoe has never been subject to “significant targeted […]

Finance Metals & Minerals News

Red Rock pays part of Australia JV share purchase

Red Rock Resources plc has paid part of the amount due to acquire its partner’s 49% share in their Australian gold exploration joint venture. CLNs The company announced earlier this year its intention to purchase Power Metal Resources plc’s share in New Ballarat Gold Corporation plc. NBGC, held by local operator Red Rock Resources Australasia […]

Metals & Minerals News

Power Metal extends deadline for Qatan deal

Power Metal Resources plc has extended the period to finalise a formal binding earn-in agreement for the Qatan exploration licence in southern Saudi Arabia. NAJRAN The company signed a non-binding letter of intent in September with Al Masane Al Kobra Mining Company (AMAK) for a 49% stake in the licence by spending US$3 million. Power Metal and […]

Metals & Minerals News

Power uranium JV renamed Fermi Exploration

Power Metal Resources plc’s uranium joint venture with UCAM Ltd has been named Fermi Exploration Ltd. The company said that the name commemorated the pioneering work of Italian-American physicist Enrico Fermi in developing the first nuclear reactor. Fermi Exploration is registered in Vancouver, Canada. The JV’s assets include all licences previously held by Power Metal in […]