Anglesey Mining plc has appointed Namrata Verma as independent non-executive director with immediate effect. Ms Verma is a corporate finance executive experienced in advising metals and mining companies at the pre-feasibility and feasibility stages on project bankability, growth strategies, funding options, and financing execution. In 2015, she founded Terrafranca Advisory to provide independent debt financing advice […]
Tag: metals and minerals
Anglesey to start first drill since 2012 at Parys
Anglesey Mining plc said it would in early November start the first drill programme since 2012 at its copper-zinc-lead project at Parys Mountain, Anglesey. PROGRAMME The company has engaged Irish Drilling for a minimum nine-hole programme for 2,750m designed to provide additional information for the planned feasibility study in 2022. Anglesey said that around 78% […]
Sunrise re-analysis increases Baker’s gold grade
Sunrise Resources plc announced a 25% increase in gold grades from re-analysis of the reported high grade drill samples at its Baker’s gold project in Western Australia. DLR4 Target The routine re-analysis of the high-grade samples aimed to evaluate possible nugget effect. Sunrise compared the new results from the analysis of 1 kg bulk cyanide […]
Hummingbird completes GAP for Yanfolila
Hummingbird Resources plc said it had completed its GAP analysis as part of a series of programmes for its environment, social and governance (ESGs) practices near its Yanfolila gold mine in Mali, West Africa. SOCIAL World Gold Council Responsible Gold Mining Principles (RGMPs): Hummingbird’s GAP analysis was completed towards the end of Q2 2021. This is […]
Condor makes significant progress as losses widen
Condor Gold plc’s pre-tax losses increased and cash decreased as it progresses with operations at its La India project in Nicaragua. FINANCES In its unaudited interim results for six months ended June 2021, the company recorded pre-tax losses of £1,013,860 during the first six months of 2021 (H1 2020: £355,419). Net cash used in operating […]
Anglesey grants QME option to develop Parys
Anglesey Mining plc has granted Quarry and Mining Equipment Ltd (QME) rights and the option, on completion of a prefeasibility study, to fund the mine development of the base and precious metals project on Parys Mountain, Anglesey. The company is also looking at various financing options to make progress with the project which was incorporated […]