Scotgold Resources Ltd has appointed Evan Spencer as non-executive director and chairman of the technical committee to the board with immediate effect. Mr Spencer has held senior roles with Barrick Gold, Western Mining Corporation, Placer Dome, Kagara Corp, Gold Fields Ltd and Aditya Birla Minerals. He led the increase and production of the Ban Phuc […]
Tag: gold
Scotgold appoints Sean Duffy as chief financial officer
Scotgold Resources Ltd has appointed Sean Duffy as chief financial officer (CFO) and to the board with immediate effect. Mr Duffy has more than 25 years of finance experience in the mining industry. He was previously CFO and company secretary for Adriatic Metals plc, Black Dragon Gold, Asian Mineral Resources and Anglo Asian Mining plc. […]
Oriole identifies multiple gold-in-soil anomalies at CLP
Oriole Resources plc said it had outlined grades of multiple gold-in-soil anomalies from soil sampling results in a historically unexplored area at its Central Licence Package (CLP), Central Cameroon. PROGRAMME The company owns 90% of the district scale CLP which comprises eight contiguous licences covering 3,592 km2 prospective for orogenic-style gold mineralisation. Initial results are from […]
Condor’s drill results show gold continuity at La Mestiza
Condor Gold plc said results from a 8,004m infill diamond drill programme of 96 holes demonstrated continuity in gold mineralisation at La Mestiza open pit at La India project in Nicaragua. DRILL PROGRAMME The company added that results were consistent with previous drilling grades and widths. This shows “excellent” continuity in gold mineralisation between adjacent […]
Oriole marks ‘bounce-back year’ for Africa gold portfolio
Oriole Resources plc said it had started the year in a strong position after a successful 2021 for its gold portfolio in Africa and copper-gold interests in Turkey. FINANCES In its final results for the year ended 31 December 2021, the company reported funds of £2.43 million to allow £1.78m of direct exploration expenditure in Cameroon. Oriole recorded […]
Scotgold given £250,000 loan to aid with shipping delays
Scotgold Resources Ltd said it had accepted a £250,000 short-term loan from Bridge Barn Ltd following delays to shipment from its Cononish gold mine near Tyndrum, Scotland. BRIDGE BARN Bridge Barn is owned by the company’s non-executive director and former chairman Nathaniel Le Roux. WORKING CAPITAL “The funds will cover immediate working capital affected by […]