Metals & Minerals News

Scotgold Resources reports PDMR dealings

Scotgold Resources Ltd announced that non-executive chairman Peter Hetherington purchased 150,000 depositary interests of no par value in the company at an aggregate price of 75.77 pence per share. Mr Hetherington’s beneficial interest in the issued share capital of the company is: Name & Position Ordinary Shares Purchased & Purchase Price Number of Ordinary Shares […]

Metals & Minerals News

Scotgold records highest production since first gold pour

Scotgold Resources Ltd reported its highest production level since first gold pour as it issued guidance for the Cononish mine near Tyndrum in Scotland. PRODUCTION Production for Q4 2021 totalled 1,508 ounces of gold, with 101 tonnes of concentrate produced in December equating to some 700 ounces of contained gold. Scotgold said this represented a 60% […]

Metals & Minerals News

Power Metal secures first 100%-owned Botswana project with Au-Ni licences

Power Metal Resources plc marked an emotional moment as it secured its first 100%-owned project in Botswana with the receipt of the two gold-nickel Tati prospecting licences (PLs). OPPORTUNITY The vendors transferred PLs 126/2019 and 127/2019 to the company’s subsidiary Tati Greenstone Resources Pty Ltd (TGR). “This is an extremely poignant moment for Power Metal, with the successful […]