The Government will enshrine in UK law the world’s most ambitious climate change target to reduce emissions by 78% by 2035 compared with levels in 1990. In line the independent Climate Change Committee’s recommendations, this sixth Carbon Budget limits the volume of greenhouse gases emitted over a five-year period from 2033 to 2037, taking the […]
Tag: UK mining
Galantas to raise up to £3.8m for Cavanacaw
Galantas Gold Corporation announced a proposed private placement to finance full commercial production and increase high grade resource at Cavanacaw mine in Omagh, Northern Ireland. PLACEMENT The private placement consists of a minimum of 17 to 22 million units at C$0.30 (17p) per unit, where each unit comprises one common share and one warrant. The […]
Galantas to appoint Brent Omland as a director
Galantas Gold Corporation is to appoint Brent Omland to the board of directors on the closing date of a private placement announced today. Mr Omland is a Canadian chartered accountant and is currently chief financial officer of metals trading company Ocean Partners. He has 15 years’ experience in the mining, metals and trading sectors and […]
Galantas new CEO to bolster Cavanacaw operations
Galantas Gold Corporation’s proposed new chief executive announced he would introduce a stronger operational team for the Canadian company at Cavanacaw mine in Omagh, Northern Ireland. Mario Stifano will replace current CEO Roland Phelps who is to retire on the closing date of a private placement announced today. The Canadian mining executive has previously raised […]
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 […]
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.