Scotgold Resources Ltd has appointed one of its shareholders Maurice Mason as a non-executive director (NED) with immediate effect. Mr Mason has more than 20 years’ experience within the mining industry. He previously held roles in Anglo American and is currently the vice president of corporate development at gold producer Caledonia Mining Corporation plc. Before joining […]
Tag: Scotgold Resources Ltd
Scotgold appoints CFO Sean Duffy as interim CEO
Scotgold Resources Ltd has appointed chief financial officer and board director Sean Duffy as interim chief executive officer with immediate effect. He was appointed CFO in March 2022 and will continue in the post until the company appoints a permanent CEO. Mr Duffy has extensive experience in the mining industry supporting multinational and junior mining companies […]
Scotgold to start blasting at Cononish
Scotgold Resources Ltd said it aimed to start blasting in approximately a week’s time at Cononish gold and silver mine near Tyndrum in Scotland. ORE GRADE The Australian company has finished long hole stoping on block 1 and now started on block 2 along the 115m strike length in the underground mine. Other work completed […]
Scotgold CEO Phil Day resigns
Scotgold Resources Ltd’s chief executive officer Phil Day intends to resign to spend more time with his family in Australia. The Australian company said it had started the recruitment process for his successor. “I am very pleased with what we as a team have accomplished during my time as CEO,” said Mr Day who began […]
Scotgold finds lower than expected grade at Cononish
Scotgold Resources Ltd said it had encountered “lower than expected grade” at 19m of the 115m strike length in Cononish gold and silver mine near Tyndrum in Scotland. OPERATIONS The company added that long hole stoping was “progressing well” and “for the most part” in line with the 2023 mine plan. A total of 1,956 […]
Scotgold raises £2m via open offer-subscription
Scotgold Resources Ltd has raised a total £2 million from an open offer and subscription for its Cononish gold-silver mine near Tyndrum. BOARD APPOINTMENT The open offer, closed on 12 May, will see the maximum number of 10,065,262 open offer shares issued, raising £1.5 million. On admission, Scotgold will have 80,500,346 ordinary shares in issue […]