Scotgold Resources Ltd announced it has appointed Robert Young as vice president of operations. The Australian-backed company is currently working to optimise the processing plant at Cononish mine, improve mining efficiencies and increase production in line with its 2022-2023 growth strategy.
Tag: UK mining
Anglesey Mining CEO buys 199,129 shares
Anglesey Mining plc chief executive officer Jo Battershill has purchased 199,129 ordinary shares of 1 pence each at a price of 3.3 pence per ordinary share. Following the transaction Mr Battershill holds 1,787,688 shares in the company, representing 0.1% of the share capital.
Anglesey Mining plans move to AIM
Anglesey Mining plc said it looked for greater flexibility and potential tax benefits for investors in its proposed move to the Alternative Investment Market (AIM) of the London Stock Exchange (LSE). STRATEGY Anglesey also proposes cancelling admission of the company on the premium segment of the Official List and to trading on the LSE’s main […]
Galantas reports further high grade gold intersections at Cavanacaw
Galantas Gold Corporation intersected further high grade gold as the company evaluates an expansion of resources at its Cavanacaw gold project in Omagh, Northern Ireland. JOSHUA VEIN The Canadian miner is conducting a 4,000m drill programme at the site. Hole FR-DD-21-175, drilled from surface targeting the Joshua vein, intersected 17.4 g/t gold, 74.6 g/t silver […]
Alba Mineral Resources announces PDMR dealings
Alba Mineral Resources plc announced PDMR* dealings in the company relating to its executive chairman. George Frangeskides has purchased 10,221,909 ordinary shares at an average price of 0.1475p into an ISA. Following these purchases, Mr Frangeskides now owns a total holding of 48,115,199 ordinary shares, representing 0.75% of the issued shared capital of the company. […]
Tungsten West receives £60,000 via warrant exercise
Tungsten West plc has raised £60,000 after exercising 200,000 warrants to subscribe for new ordinary shares of one penny each at a price of 30 pence per ordinary share. The 200,000 new ordinary shares will rank pari passu with the existing ordinary shares.