Cadence Minerals plc reported an agreement to conduct due diligence over 10 tenements at the Leonora gold fields region, western Australia. Australian miner Macarthur Minerals, in which Cadence has 1% interest, entered the exclusive agreement with Zanil Pty Ltd. The Leonora tenements are approximately 237 kilometres north of the city of Kalgoorlie and near active […]
Tag: UK mining
Horizonte appoints Michael Drake as head of projects
Horizonte Minerals plc has appointed Michael Drake as head of projects for the company’s operations in Brazil. Mr Drake is a mechanical engineer with experience in developing, operating and optimising nickel operations, and across both RKEF and HPAL technologies. He has also led the construction, operation and optimisation of medium-to-large international capex projects. He also […]
Conroy proposes joint venture with Turkish miner
Conroy Gold and Natural Resources plc said it had signed a letter of intent (LOI) with Demir Export, which could give the Turkish miner 57% of its gold exploration project on the Irish border. PROJECT INIS The move comes as the junior mining company also announced that discussions had ended on a proposed JV with […]
Scotgold lowers output guidance as it mulls Covid loan
Scotgold Resources Ltd slightly lowered its production guidance for March due to slow recruitment and training as the junior miner said it was considering a Covid-19 government loan. The Australian company said that the delay to production had resulted in a negative impact on the company’s cash position. Scotgold reported it had made some progress […]
Scotgold appoints Phillip Day as new chief executive
Scotgold Resources Ltd announced that Phillip Day (formerly Phillip Edward Day-Banner), aged 47, will be the company’s new chief executive following current CEO Richard Gray‘s retirement. The Australian senior mining executive, with a career spanning more than 25 years, is due to be appointed on 1 April 2021. Mr Day was most recently head of […]
Scotgold’s current and founding CEOs to step down
Scotgold Resources Ltd announced that chief executive Richard Gray will retire from his role with the company but will continue as non-executive director. Mr Gray has been with the company as CEO since October 2014 and oversaw Scotgold’s transition into a gold miner and producer. He will continue in his present role until 31 March […]