Green Glen Minerals Ltd recorded a frustrating year with discussions on prospecting rights still continuing at the Lead Trial gold prospect in Perthshire, Scotland. ASSETS The company, renamed from Erris Gold Resources, is exploring the discovery near Loch Tay 43km east of the Cononish gold mine and within the Grampian gold belt. Green Glen has […]
Tag: UK mining
Alba appoints Vivien Johnston Glass as consultant
Alba Mineral Resources plc has engaged Vivien Johnston Glass FRSA as specialist ‘mine-to-market’ supply chain consultant for refined gold products. Ms Glass has more than 20 years’ experience in the jewellery industry and is an expert in responsible sourcing of precious metals, diamonds and gems. She formerly worked for Scotgold Resources (2011-2022) from the planning stage to […]
Alba receives £22,000 via warrant exercise
Alba Mineral Resources plc received £22,000 following notice to exercise warrants for 16,923,077 shares. The warrants have an exercise price of 0.13p per share and an expiry date of 4 September 2022. Following admission, the total number of ordinary shares in issue will be 6,621,568,996.
Boulby owner fined £3.6m for electricians’ severe burns
Cleveland Potash Ltd (CPL) has been fined £3.6 million after two electricians suffered severe burns in separate incidents at Boulby Mine in Saltburn-by-the-Sea, North Yorkshire. GUILTY PLEA The Health and Safety Executive (HSE) also ordered the company’s owners to pay costs of £185,000. CPL, now a subsidiary of Israel Chemicals Ltd, extracts organic fertiliser polyhalite. The company […]
Tungsten West needs further funds for revised mine plan
Tungsten West plc is in discussions for additional funds after its revised plans failed to meet the $49 million loan terms from Orion Resource Partners for the Hemerdon tin-tungsten mine in Devon. FINANCES In its audited results for the year ended 31 March 2022, the company said that the agreed financing package through a royalty […]
Galantas drilling shows dilation zones at Joshua-Kearney
Galantas Gold Corporation said its drill programme results had shown dilation zones at the Joshua and Kearney veins in Cavanacaw mine in Omagh, Northern Ireland. RESULTS The Canadian company’s 4,000m drill programme includes three holes drilled from the underground development at the Kearney vein. Hole FR-DD-22-UG-186 targeted a dilation zone within the Kearney vein and […]