Equipment & Logistics Metals & Minerals News

Alba to increase dewatering rates at Clogau

Alba Mineral Resources plc has received permission to increase the dewatering rate in the lower Llechfraith workings of its Clogau-St David’s gold mine, north Wales. EXPLORATION Industry regulator Natural Resources Wales approved the company’s application for variations to its existing discharge and abstraction permits. The rates will increase in early January from 100 to 250 […]

Finance Metals & Minerals News

Condor receives £850,000 via NEDs shares purchase

Condor Gold plc has received an additional £851,999 via directors dealings following its chairman’s recent £1 million investment. NON-EXECUTIVE DIRECTORS The company issued 5,679,994 new ordinary shares each at £0.15, principally to existing shareholders. As part of the placing non-executive directors Andrew Cheatle and Ian Stalker have subscribed, directly or indirectly, for 33,333 and 66,666 […]

Finance Metals & Minerals News

Condor chairman raises £1m for La India sale

Condor Gold plc chairman Jim Mellon exercised warrants for £1 million to ensure the company has sufficient money during the sales process for La India open pit in Nicaragua. OFFERS The exercise over 6,666,667 new ordinary shares, each at an issue price of £0.15, was by Galloway Ltd, owned by Burnbrae Group Ltd which is, […]

Metals & Minerals News

Ormonde encouraged by Golden Rose sampling results

Ormonde Mining plc reported “significant” gold-copper assay results from its investee’s prospecting and bedrock sampling in the Central Newfoundland gold belt. TIER-1 POTENTIAL TRU Precious Metals Corp used recent high resolution satellite and remote sensing data over the property to discover new gold and critical minerals targets at the Golden Rose project. Ormonde said that grab […]