Alba Mineral Resources plc plans to change its name to Arkadian Strategic Metals plc, to reflect its broadened and diversified portfolio. SUPPLY The company began with gold assets, including the historic mines of Clogau-St David’s and Gwynfynydd as well as the wider Dolgellau Gold Belt in North Wales. It has since added Greenland graphite and […]
Tag: Alba Mineral Resources plc
Alba acquires controlling interest in Motzfeldt
Alba Mineral Resources plc has doubled its interest to 51%, for a total of £518,070 in shares, over the Motzfeldt project in southern Greenland, following government approval. TVRs Motzfeldt’s exploration licence has also received consent for a second five-year term, until 2030. As part of the acquisition, executive chairman George Frangeskides and his connected parties will […]
UK Oil & Gas submits revised plans for Horse Hill
UK Oil & Gas plc has submitted its “retrospective” planning application to resume production at the Horse Hill oil field near Gatwick in Surrey. STUDIES The company halted operations following the Supreme Court’s 2024 ruling, which stated that environmental impact assessments must include Scope 3, or end use, emissions from produced fossil fuels. UKOG, which […]
Alba advances to 13.8m at Clogau
Alba Mineral Resources plc completed another blast this week and advanced 1.4 metres, reaching a total 13.8m, on level 5 at Clogau-St David’s gold mine in North Wales. CONCENTRATOR The company has also started reviewing its previously commissioned underground survey to revise the existing underground model, which will include the advances on level 5. Alba […]
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 […]
Alba completes phase I test on Motzfeldt sample
Alba Mineral Resources plc has completed phase I testwork on the 300kg sample from the Aries deposit, at the Motzfeldt rare earth elements-niobium-tantalum-zirconium project in Gardar Provice, southern Greenland. PROCESSING The commissioned work at specialist facilities in South Africa, used laboratory scan QEMSCAN, to determine which minerals, and how they are combined, are in the […]