Finance Metals & Minerals News

Redmoor in line for possible cash injection

Cornwall Resources Ltd could be in line for an injection of several million pounds for the Redmoor project after its parent company agreed a tentative deal to sell its Australian assets. LISTING Strategic Minerals plc signed a non-binding heads of agreement with Axis Mining & Minerals Pty Ltd to sell its Australia subsidiary which owns […]

Metals & Minerals News

Guardian issues 1m shares in warrants exercise

Guardian Metal Resources plc has issued 1,027,748 new ordinary shares of 1 pence each in the company following notices to exercise warrants for £174,717.16. The warrant shares, issued on 25 April, each have an exercise price of 17 pence. Following admission, the company’s issued share capital will comprise 130,881,879 ordinary shares of one pence each. The figure also […]

Company Moves Metals & Minerals News

UEE changes name and focus

Uranium Energy Exploration plc has changed its name to The Smarter Web Company, focused on business and domestic software development. DIRECTORS UEE was established by Power Metal Resources plc as a potential listed company for part or all of its portfolio in Saskatchewan, Canada. The licences instead became part of a joint venture, Fermi Exploration […]

Finance Metals & Minerals News

Metals to begin geotechnical drilling at La India

Metals Exploration plc has mobilised a drill rig to start geotechnical and exploration programmes at the La India gold project in Nicaragua. CVRs The company said that geotechnical drill holes would advance mine development studies before exploration drilling tests resource extensions north of the current proposed open pit. The rig arrived on site on 23 […]

Company Moves Metals & Minerals News

Cornish Metals COO steps down

Cornish Metals Inc.’s chief operating officer Owen Mihalop has left the company, among other management changes. MANAGERS The Canadian company, advancing its South Crofty tin project towards construction, said that Mr Mihalop had left on 25 April to pursue new opportunities. “On behalf of the company I would like to extend my sincere gratitude to […]