Power Metal Resources plc has received £26,250 after receiving notices to exercise warrants over 3,750,000 new ordinary shares of 0.1 pence each in the company (warrant shares). The warrant shares are being issued pursuant to the exercise of 3,750,000 warrants at an exercise price of 0.7 pence per ordinary share of 0.1 pence each in […]
Tag: extractive industries
Cornish Tin appoints Christopher Mcmellon as secretary
Cornish Tin Ltd has appointed Christopher Mcmellon as secretary. Companies House recorded the appointment on 26 April. The Truro-based mining company, which changed its name from Osprey Mining Ltd in November 2020, is working on the Great Wheal Vor project near Breage near Helston, Cornwall.
Scotgold resolves technical issues but production will be slow
Scotgold Resources Ltd announced it had resolved outstanding technical issues but production would be slower than originally planned at its Cononish gold and silver mine near Tyndrum, Scotland. The company added that the delay to production had also resulted in a look at financing options, including from its directors. The Australian miner, with headquarters in […]
RRAL completes Victoria mapping-sampling
Red Rock Resources Australasia Pty Ltd (RRAL) has completed sampling and mapping programmes near Ballarat in the Victoria gold fields, Australia. DRILL TESTING The joint venture, comprising Red Rock Resources plc (50.1%) and Power Metal Resources plc (49.9%), collected 1,024 soil and rock chip samples in EL007271 and EL007281 in the old Monmouth/ Enfield and […]
Alba notes multiple mineralised gold zones at Clogau
Alba Mineral Resources plc announced confirmation of multiple mineralised gold zones from Phase 1 drilling results at Clogau-St David’s gold mine in North Wales. The miner said that results from the Llechfraith lode proved gold mineralisation in the veins identified from the drilling with individual values up to 4.25g/t. The campaign, comprising 10 drill holes […]
Hummingbird appoints Anthony Kocken as COO
Hummingbird Resources plc has appointed Anthony Kocken as chief operating officer. The miner has also appointed Luke Main as its group people and performance officer. Anthony Kocken has more than 23 years operational and senior management expertise, predominantly working on African projects. He has spent 18 years in various managerial positions, including COO for African […]