Metals & Minerals News

Galantas records zero revenues and slight fall in losses

Galantas Gold Corporation announced no revenues and a marginal reduction in losses from Cavancaw mine in Omagh, Northern Ireland. In its audited annual financial results for the year ended 31 December 2020, the Canadian miner reported net losses of CA$3,228,452 (2019: $3,564,609). Galantas had a working capital deficit of CA$7,710,084 (2019: $6,093,200).  Cash outflow from […]

Metals & Minerals News

Scotgold resolves technical issues but production will be slow

Scotgold Resources Ltd announced it had resolved outstanding technical issues but production would be slower than originally planned at its Cononish gold and silver mine near Tyndrum, Scotland. The company added that the delay to production had also resulted in a look at financing options, including from its directors. The Australian miner, with headquarters in […]

Metals & Minerals News

Alba notes multiple mineralised gold zones at Clogau

Alba Mineral Resources plc announced confirmation of multiple mineralised gold zones from Phase 1 drilling results at Clogau-St David’s gold mine in North Wales. The miner said that results from the Llechfraith lode proved gold mineralisation in the veins identified from the drilling with individual values up to 4.25g/t. The campaign, comprising 10 drill holes […]

Company Moves Metals & Minerals News

Hummingbird appoints Anthony Kocken as COO

Hummingbird Resources plc has appointed Anthony Kocken as chief operating officer. The miner has also appointed Luke Main as its group people and performance officer. Anthony Kocken has more than 23 years operational and senior management expertise, predominantly working on African projects.  He has spent 18 years in various managerial positions, including COO for African […]