Finance Metals & Minerals News

Alba raises £800,000

Alba Mineral Resources plc has raised gross £800,000 by placing four billion new ordinary shares, at a 20% discounted price of 0.02 pence per ordinary share. TVRs Net proceeds will go towards drilling, blasting and processing at Clogau-St David’s gold mine in North Wales, and upgrading the processing plant. Funds will also advance the Motzfeldt multi-metals […]

Equipment & Logistics Metals & Minerals News

Conroy intersects deepest mineralisation to date

Conroy Gold and Natural Resources plc said it had intersected the deepest gold mineralisation to date, in the first hole of 2,000 metres deep drilling, at Clontibret in Co. Monaghan, Ireland. TARGET Today’s results from drill hole CGC-25-001 include 2.8m at 4.5 grams per ton gold intersected, including 0.5m at 15.0 g/t gold. The company […]

Finance News Oil & Gas

Block issues 30m shares as bonuses

Block Energy plc has settled bonuses by issuing 30,428,200 ordinary shares of 0.25p each, and 9,231,083 nil-cost options over ordinary shares, to senior executives and employees. TVRs The company’s remuneration committee made the awards, for performance during 2025, to a director, one person discharging managerial responsibilities and staff members. Chief executive officer Paul Haywood received […]

Company Moves Metals & Minerals News

Nativo agrees rights over La Patona processing plant

Nativo Resources plc has acquired the right to manage, design, complete and operate the partly built La Patona gold ore processing plant in Acari, some 45km from the Tesoro gold concession. PRODUCTION The company signed the final contracts with the owner of the part-built GOPP, with negotiations taking longer than expected and consequently delaying the […]

Finance Metals & Minerals News

Anglesey issues 4.6m new shares

Anglesey Mining plc has issued 4,607,081 new ordinary shares, following an exercise notice from major shareholder Energold Minerals Inc. to convert its 7.6 pence warrants. TVRs The warrants are part of Energold’s £350,000 strategic investment in the company, and exercise at a 17% premium on the 25 February 2026 closing price. Following admission, Anglesey’s issued […]

Equipment & Logistics News Oil & Gas

Corcel positive on 2D seismic at KON-16

Corcel plc reported initial “excellent data quality” from its first 2D seismic acquisition at the operated KON-16 block, within the Kwanza Basin, onshore Angola. ENCOURAGING Processing of the 326-line km of high resolution data is expected to begin, with results published throughout the year to advance leads and preparations for drilling. “The high quality of […]