Metals & Minerals News Oil & Gas

Obituary – mining executive Richard Conroy

Richard Conroy, whose experience covered mining, entrepreneurship, politics and medicine, has died aged 91 following a brief illness. LEGACY In 1995 Professor Conroy founded Conroy Gold and Natural Resources plc, of which he was executive chairman, exploring for base and precious metals in Ireland. He also held the same positions at Karelian Diamond Resources plc […]

Finance Metals & Minerals News

Karelian raises £250,000 via 33% discounted placing

Karelian Diamond Resources plc has raised £250,000 via a discounted placing of 10 million ordinary shares each of €0.00025, at a price of 2.5 pence per ordinary share. DIRECTORS’ DEALINGS The fundraise was at 2.5 pence per ordinary share, representing a discount of 33.3% to the closing mid-market price of 3.75 pence on 19 October […]

Metals & Minerals News

Karelian begins exploration in Northern Ireland

Karelian Diamond Resources plc has begun an exploration programme on its three nickel-copper-platinum group metals licences in Northern Ireland. POTENTIAL The Dublin-based company, with diamond exploration assets in Finland, collected a series of stream sediment samples which have been sent to Canada for analysis. A total of 14, nine and 10 samples were taken from […]