Cora Gold Ltd has completed the definitive feasibility study (DFS) alongside its inaugural reserves and optimised project economics for its flagship Sanankoro gold project in southern Mali. RESERVES The inaugural probable reserves are 422koz @ 1.3 g/t Au with 6.8 years reserve mine life and average annual production of 56,000 oz. A total of 121koz […]
Tag: precious metals
Caerus former chairman acquires one million shares
Caerus Mineral Resources plc noted that its former chairman Michael Johnson acquired 1,021,250 ordinary shares, representing 1.67% of the issued share capital of the company. The transactions, between 9 April 2021 and 6 May 2021, were at £0.00 and outside a trading venue. In total, Mr Johnson and persons closely associated hold 5,550,001 ordinary shares representing 9.0% […]
Power Metal completes majority share deal for Molopo
Power Metal Resources plc has completed the transaction to increase its share to 87.71% in the Molopo Farms Complex nickel platinum-group metal (PGM) project in southwest Botswana. OPERATIONS The company has now acquired the majority share in Kalahari Key Mineral Exploration Pty Ltd which owns Molopo. Power Metal is currently conducting a 2,600m diamond drill programme […]
Alba appoints Vivien Johnston Glass as consultant
Alba Mineral Resources plc has engaged Vivien Johnston Glass FRSA as specialist ‘mine-to-market’ supply chain consultant for refined gold products. Ms Glass has more than 20 years’ experience in the jewellery industry and is an expert in responsible sourcing of precious metals, diamonds and gems. She formerly worked for Scotgold Resources (2011-2022) from the planning stage to […]
Hummingbird attains full compliance with RGMP
Hummingbird Resources plc said it had achieved full compliance with World Gold Council (WGC) Responsible Gold Mining Principles (RGMP) within the shortest possible timeframe at corporate level and its Yanfolila gold mine in Mali. ESGs In June 2020, the company joined the WGC in its commitment to operate responsibly with strict environmental, social and governance […]
Alba conditionally raises £500,000 via placing
Alba Mineral Resources plc has raised £500,000 before expenses through the issue of 500 million new ordinary shares at a price of 0.1 pence per ordinary share. Each subscriber in the discounted placing will receive one warrant for every two subscribed shares, for a total of 250 million warrants. The warrants will have an exercise price of 0.2 pence per share and […]