Cora Gold Ltd has appointed a project manager, mining consultant and head of geology to broaden the company’s in-house capabilities. LOURENS STEENEKAMP Lourens Steenekamp, with a career spanning over three decades, began his career with Gold Fields. He then held engineering roles in Ghana and Tanzania where he progressed to construction projects. More recently, Mr […]
Tag: precious metals
Condor Gold grants 4.6m share options
Condor Gold plc granted directors, employees and consultants a total 4.6 million share options, representing 2.45% of the issued share capital, under its existing share option scheme. PDMRs* On 6 July, directors receiving in total 3,250,000 options include chief executive officer Mark Child 1,250,000 options; chairman Jim Mellon 300,000; non-executive directors Kate Harcourt 300,000; Andrew […]
Alba Mineral raises £750,000 via placing
Alba Mineral Resources plc has raised £750,000 before expenses via a placing of 600 million new ordinary shares at a price of 0.125 pence per ordinary share. Existing shareholders and other investors who did not have the opportunity to participate in the placing, have a broker option allowing subscriptions up to £100,000 in total on the same terms. On admission, the […]
Alba cleared to dewater lower Llechfraith
Alba Mineral Resources plc has after received permission to dewater and explore its primary target of the lower Llechfraith workings in the Clogau-St David’s gold mine, north Wales. PREPARATIONS The company previously had to resubmit its applications and provide additional information to Natural Resources Wales (NRW) including a “lengthy” habitat regulations assessment (HRA). “Detailed planning […]
Ormonde to exit AIM-Euronext in Canada acquisition
Ormonde Mining plc plans to cancel its AIM and Euronext Growth Market listings as part of its proposed investment via a subscription in a Canadian gold-copper explorer. RULES The company became an AIM Rule 15 cash shell in October 2022 and was required to make an acquisition or acquisitions constituting a reverse takeover (RTO) on, […]
Ormonde plans majority share in Golden Rose
Ormonde Mining plc plans a 36.2% controlling investment, with an option for a further 10%, in a Canadian explorer of a gold-copper asset with “world-class” potential in Newfoundland. CAPITAL The company said that the acquisition, subject to Ormonde shareholder approval, is via a private subscription for 60 million new common shares of TRU Precious Metals […]