Metals & Minerals News

CMR sets up Morocco ‘incubator portfolio’

Critical Mineral Resources plc (CMR) has started its Moroccan acquisitions with an “incubator portfolio” and a binding deal for an advanced copper-silver project. DISTINCT PROJECTS The company said it had identified a number of open areas prospective for copper, silver, manganese and barite while it continues fieldwork on prospective areas. Local subsidiary Atlantic Research Minerals […]

Finance Legal Metals & Minerals News

Scotgold faces administration without debt repayment plan

Scotgold Resources Ltd, which this morning suspended trading, could within weeks fall into administration if it fails to agree payment plans with all its debtors. FINANCING The Australian company today repeated its warning from March 2023 that its future was uncertain without further funding, although it is “actively seeking additional financing and discussions are in an […]

Finance Metals & Minerals News

Scotgold Resources suspends trading on AIM

Scotgold Resources Ltd temporarily stopped trading today at the company’s own request pending clarification of the company’s financial position. The company’s ordinary shares of no par value stop trading from 7.30am on AIM at its own request. In March, Scotgold raised concerns over its future following low gold grades, lack of funding, rising losses and […]

Metals & Minerals News

New gold drill targets identified from deep overburden sampling at Longford-Down

New gold drill targets over five licences have been identified from deep overburden sampling in the Longford-Down Massif joint venture in Ireland. EXTENSIVE Conroy Gold and Natural Resources and Turkish earn-in partner Demir Export have to date completed 6,000 metres of phase I drilling. Over five separate areas, the JV collected 470 samples from the […]