Company Moves Metals & Minerals News

Galantas Gold chief executive Roland Phelps to retire

Galantas Gold Corporation announced that Roland Phelps will retire as the company’s chief executive officer and as a member of the board of directors. He will be replaced by Canadian mining executive Mario Stifano on the closing date of a proposed private placement of company shares. Metals trading company Ocean Partners Ltd‘s chief financial officer […]

Finance Metals & Minerals News

Red Rock raises £13,786 through warrant exercise

Red Rock Resources plc said it had received subscription monies of £13,786.77 following notice to exercise warrants over 1,838,235 new ordinary shares of 0.01 pence each in the company. The warrant shares are being issued pursuant to the exercise of 1,838,235 warrants into shares at an exercise price of 0.75 pence per share.

Metals & Minerals News

Galantas finds higher gold grade feed at Kearney vein

Galantas Gold Corporation announced a feed of higher gold grade from the Kearney vein than existing feed at Cavanacaw mine in Omagh, County Tyrone. INCREASE The Canadian miner added it continued to work with third parties to finance an expansion of the mine. The grade of the limited feed produced from underground, based on concentrate […]

Metals & Minerals News

Alba checks waste rock dump for early gold revenue at Clogau

Alba Mineral Resources plc said it would soon start the evaluation pitting of the historic waste rock dump at the Clogau-St David’s gold mine in North Wales.  PROGRAMME The dump, containing material derived from the internal development of the mine during past periods of production, is estimated to cover some 30,000 km2 (7/10th of an […]