Independent news on Irish and UK junior to mid-tier exploration, development and production
Cornish Metals plc has appointed Juan Kemp as managing director, South Crofty, effective from 14 September 2026. Mr Kemp has more than 30 years’ experience in the mining industry, covering operational and executive leadership, underground mining, mineral processing and technical leadership. He began his career with AngloGold in 1994, before joining De Beers in 1998 […]
Tertiary Minerals plc has raised £985,000 through a placing of 1.97 billion new ordinary shares of 0.01 pence each in the company, at 0.05p per share. TVRs The placing shares will be issued under the company’s existing share issue authorities. Institutional investors and high net worth individuals participated in the placing, which is at a […]
Botswana Minerals plc announced it had raised £1,150,000 and appointed a non-executive director to the board, with immediate effect. TVRs For the fundraise, Botswana issued 460 million new ordinary shares of 0.25 pence each, at a placing price of 0.25p per placing share, to existing and new investors. Directors participating include executive chairman John Teeling, […]
Tertiary Minerals plc directors have bought, in aggregate, 28,590,962 ordinary shares of 0.01 pence each in the company. HOLDINGS Managing director Richard Belcher purchased 9,433,962 shares, taking his shareholding to 43,640,657, equal to 0.85% of the company’s issued share capital. Executive chairman Patrick Cheetham bought 19,157,000 shares and, together with 2,843,625 held by K E […]
Cornwall Resources Ltd’s first drill hole has met its expectations with “notable” mineralised intersections at its Redmoor tungsten-tin-copper project in Kelly Bray. TWINNING The findings are the first from a current nine-borehole drill programme for 5,300 metres of new diamond core drilling. The company completed borehole CRD033, “unique” in the campaign, to 600.4m before geological […]
First Class Metals plc chairman James Knowles has stepped down following completion of an initial subscription, representing 41% of the company’s enlarged share capital, by The Seventy Ninth Group. OPPORTUNITIES Mr Knowles has become managing director, while Seventy Ninth’s chairman David Webster is now a director and non-executive chairman and chief executive Marc Sale retains […]