Ormonde Mining plc has received 99.77% shareholder approval for the €2.3 million sale of its La Zarza copper-gold-zinc project in Spain. ACQUISITIONS The vote was held in the company’s extraordinary general meeting earlier today. Following completion of the sale, Ormonde will become an AIM Rule 15 cash shell and have to make an acquisition or acquisitions constituting […]
Tag: zinc
Arkle agrees further drill hole at Stonepark
Arkle Resources plc said it had agreed with its joint venture (JV) partner to drill a further hole at the Stonepark zinc project in Limerick, Ireland. JOINT VENTURE The company holds 23.44% and operator Group Eleven Resources Corp owns 76.56%. STEP-OUT HOLE After completing the current six-hole programme, Group Eleven will drill the additional hole […]
Arkle notes restart of drilling at Stonepark
Arkle Resources plc’s joint venture (JV) partner is due to restart drilling at the Stonepark zinc and lead project in County Limerick, Ireland. PROGRAMME The JV, comprising six contiguous prospecting licences covering 184km2, is between Arkle (23.44%) and operator Group Eleven Resources Corp (76.56%). Group Eleven has to date completed three of six planned holes […]
CAML cautions over global inflation
Central Asia Metals plc reported an increased dividend from a strong financial performance driven by high commodity prices for its Kounrad copper operations in Kazakhstan and Sasa lead-zinc mine in North Macedonia. DIVIDEND In the company’s unaudited interim results for the six months ended 30 June 2022 chief executive Nigel Robinson announced an increase in […]
CAML appoints Chris Colbourne as Sasa general director
Central Asia Metals plc has appointed Chris Colbourne as the new general director of its Sasa zinc and lead mine in North Macedonia. He replaces Scott Yelland who continues with the company in his role as chief operating officer. Mr Colbourne has 30 years’ technical, operational and management experience which includes 14 years in senior […]
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.