Central Asia Metals plc (CAML) has published its 2022 sustainability and climate change reports for Sasa zinc-lead mine in North Macedonia and Kounrad copper recovery plant in Kazakhstan. TRANSPARENT The sustainability report, in accordance with GRI Standards, is the company’s fourth standalone sustainability report. Coverage includes CAML’s approach to transparent business conduct, maintaining safe operations […]
Author: editorial
Tullow signs cashless swap for Gabon assets
Tullow Oil plc has signed a cashless asset swap agreement with Perenco Oil for certain licences in Gabon on the Atlantic coast of Central Africa. GROWTH Tullow Gabon will transfer its existing participating interests of the Limande, Turnix, Moba, Oba and Simba assets to Perenco. Tullow will retain 40% in Simba. Perenco will transfer certain […]
Galantas raises C$749,000 via shares for creditors
Galantas Gold Corporation completed a shares-for-debt transaction announced in March with several of its arm’s length creditors for a total C$749,020 (£440,600). The company has accordingly issued a total 2,080,609 units of the company each at a deemed price of C$0.36. Each unit is comprised of one common share and one common share purchase warrant. Each […]
Tungsten West MD James McFarlane resigns
Tungsten West plc’s managing director James McFarlane has resigned with immediate effect to return to consultancy work. Mr McFarlane was formerly mining technical services manager at Hemerdon, under previous owners Wolf Minerals. He re-joined the operation for Tungsten West as technical and operations director before being promoted to managing director in February 2022. Mr McFarlane […]
Power Metal confirms target metals at Molopo
Power Metal Resources plc confirmed nickel sulphides and platinum group elements from its 2,402.8m drill results at Molopo Farms Complex (MFC), southwest Botswana. MOLOPO The company said it had also been in discussions with potential partners to advance the project to large-scale exploration. The site, covered with Kalahari sand, comprises commercial cattle ranches on a […]
Cornish Metals nears completion of water treatment plant
Cornish Metals Inc continues to advance preparations ahead of a mining decision at the end of 2024 for the South Crofty tin project in Cornwall. WATER TREATMENT PLANT In its annual statements for the year ended 31 January 2023 and until 26 April 2023, the Canadian company reported near completion of the water treatment plant […]