A contractor has died in relation to the construction of a leach tank at Metals Exploration plc’s La India gold mine in Nicaragua
Tag: Metals Exploration plc
Metals issues 2m new shares
Metals Exploration plc has issued 1,968,396 new ordinary shares, of £0.0001 each, following an exercise of options at £0.0492 per share for a total of £96,845. Following admission, the company’s total issued share capital will comprise 3,359,851,580 ordinary shares in issue, of which 299,385,458 ordinary shares are held in treasury. The total voting rights number […]
Metals secures $27m for La India mining fleet
Metals Exploration plc has agreed a five-year US$27 million financing package for its fleet of mining equipment for La India gold project in Nicaragua. The company has drawn down an initial US$20.2m of the facility secured from the Banco de America Central S.A. and expects to use the balance of $6.8m as more equipment arrives […]
Metals acquires third Philippines project
Metals Exploration plc has secured the exclusive rights to explore, develop and operate the Batong Buhay porphyry copper-gold project in Barangay Balatoc, Northern Luzon, Philippines. PORPHYRIES The 440-hectare licence area adds to the company’s Runruno surface gold mine and the Abra tenement, which lies close to Batong Buhay, as well as La India, Estrella and Rio […]
Metals issues 6m new shares
Metals Exploration plc has issued 6,099,128 new ordinary shares of £0.0001 each, following an exercise of options, at an average price of £0.0665 each, for an aggregate of £405,750.56. TVRs Following admission, the company’s issued share capital will comprise 3,285,555,158 ordinary shares, of which 299,385,458 ordinary shares are held in treasury. The total number of […]
Metals expands acreage at La India
Metals Exploration plc has added four “highly prospective” exploration concessions adjacent to its La India gold project in Nicaragua. TARGETS The awarded licences, comprising La Grecia, San Cristobel, Dos Hermanos and Las Cruces, cover a combined 64,400 hectares. La Grecia includes historical gold workings and “numerous” other gold targets, previously explored by Newcrest Mining Ltd. […]