Condor Gold announced it had made significant progress in de-risking its open pit, associated mine infrastructure and planned operation plant at La India project in Nicaragua. RESOURCES The company said it had 1.12 million ounces of gold open pit mineral resources, including 8,583 thousands of tonnes (Kt) at 3.3g/t of gold for 903,000 oz gold […]
Tag: precious metals
Power Metal targets major finds and financial independence
Power Metal Resources announced its future strategy was to make one or more major metal discoveries and work towards financial independence. ASSETS The company, which focuses on cobalt, copper, gold, lithium, nickel and PGMs, recently raised £1 million taking its total assets to £3.04 million. Power Metal is involved in five main projects and two […]
Scotgold starts slab pours and expands tunnels
Scotgold Resources Ltd has started slab pours ready to place equipment following resumption of blasting at the high grade Cononish gold and silver mine in Argyll, Scotland. WASTE ORE Operations had stopped due to the pandemic, but the Australian company is now focused on expanding tunnels to mine through rock which has no gold in […]
Dalradian faces public inquiry over £750m mine plans
Dalradian Gold will undergo a public inquiry over its proposals to open a £750 million gold-silver-copper mine in Curraghinalt, County Tyrone. SCRUTINY Backed by investor Orion Resource Partners, the American company aims to extract 3.5m oz of gold deposit, 15,000 tonnes of copper and 850,000 oz of silver deposit from the site. Dalradian applied for […]