Scotgold Resources Ltd announced it had made its first shipment of gold concentrate from Cononish mine near Tyndrum, Scotland. PRODUCTION The company added that the mine has been producing both gold concentrate and gravity separated gold Dore after resolving outstanding technical issues. Scotgold aims to open multiple faces of ore in the underground mine as […]
Tag: Cononish gold and silver mine – Tyndrum – Scotland
Scotgold offers £2m director loan as losses rise at Cononish
Scotgold Resources Ltd said that some of its directors will provide a short-term loan of up to £2 million as the group reported mounting losses at Cononish, near Tyndrum in Scotland. Scotgold also announced that the mine’s processing plant had operated throughout April 2021, and that the first shipment of concentrate product was expected during […]
Scotgold resolves technical issues but production will be slow
Scotgold Resources Ltd announced it had resolved outstanding technical issues but production would be slower than originally planned at its Cononish gold and silver mine near Tyndrum, Scotland. The company added that the delay to production had also resulted in a look at financing options, including from its directors. The Australian miner, with headquarters in […]
Scotgold starts slab pours and expands tunnels
Scotgold Resources Ltd has started slab pours ready to place equipment following resumption of blasting at the high grade Cononish gold and silver mine in Argyll, Scotland. WASTE ORE Operations had stopped due to the pandemic, but the Australian company is now focused on expanding tunnels to mine through rock which has no gold in […]