Company Moves Metals & Minerals News

Galantas to appoint Brent Omland as a director

Galantas Gold Corporation is to appoint Brent Omland to the board of directors on the closing date of a private placement announced today. Mr Omland is a Canadian chartered accountant and is currently chief financial officer of metals trading company Ocean Partners. He has 15 years’ experience in the mining, metals and trading sectors and […]

Company Moves Metals & Minerals News

Galantas new CEO to bolster Cavanacaw operations

Galantas Gold Corporation’s proposed new chief executive announced he would introduce a stronger operational team for the Canadian company at Cavanacaw mine in Omagh, Northern Ireland. Mario Stifano will replace current CEO Roland Phelps who is to retire on the closing date of a private placement announced today. The Canadian mining executive has previously raised […]

Finance Metals & Minerals News

Red Rock raises £13,786 through warrant exercise

Red Rock Resources plc said it had received subscription monies of £13,786.77 following notice to exercise warrants over 1,838,235 new ordinary shares of 0.01 pence each in the company. The warrant shares are being issued pursuant to the exercise of 1,838,235 warrants into shares at an exercise price of 0.75 pence per share.

Metals & Minerals News

Alba checks waste rock dump for early gold revenue at Clogau

Alba Mineral Resources plc said it would soon start the evaluation pitting of the historic waste rock dump at the Clogau-St David’s gold mine in North Wales.  PROGRAMME The dump, containing material derived from the internal development of the mine during past periods of production, is estimated to cover some 30,000 km2 (7/10th of an […]

Metals & Minerals News

Oriole primed for ‘new frontier’ of gold in Cameroon

Oriole Resources plc announced it had secured a controlling interest in it orogenic gold exploration projects at Bibemi and Wapouzé in northern Cameroon. LICENCES The move follows the completion of an initial funding commitment of $1.56 million set out under the terms of an option agreement signed in June 2018. Oriole now has 51% ownership […]