Tungsten West plc has granted directors and employees a total of 2,799,982 options over ordinary shares of £0.01 each in the company. PDMRs Recipients include the chief financial officer, managing director, executive vice chairman and other employees pursuant to the company share option plan (2022 CSOP) and employee share option plan (2022 ESOP). The options […]
Tag: metals and minerals
Cora defers DFS to enhance Sanankoro economics
Cora Gold Ltd said it would need more time to produce the definitive feasibility study (DFS) for the Sanankoro gold project in southern Mali. OPTIMISATION The company had aimed to complete the DFS in Q3 2022 but now expects to report on progress during Q4 2022 as it “optimises various aspects of the study”. Chief […]
Araguaia approved as strategic minerals project
Horizonte Mineral plc said it would have a priority from Brazilian agencies for the construction and operation of the Araguaia nickel project. IMPORTANCE The move is a consequence of Brazil’s approval of Araguaia as a strategic minerals project, which will also see support from an inter-ministerial committee. “The selection of the Araguaia nickel project as […]
GreenRoc to reanalyse ilmenite drill results
GreenRoc Mining plc said that further analytical work of drill holes would delay results from its Thule Black Sands ilmenite project in North Greenland POTENTIAL The results, expected during August 2021, are now due at the end of November. “An upper screening of 1.0mm was initially employed, excluding significant mass of potentially ilmenite-bearing material,” added […]
GreenRoc further doubles graphite ore at Amitsoq
GreenRoc Mining plc said that drilling had more than doubled the footprint of the ore deposit at its Amitsoq graphite project in southern Greenland. PHASE II The company, of which Alba Mineral Resources plc holds 54%, completed its Phase II drill on 17 September with 19 holes drilled for 2,844m. “All holes reached target depths […]
New Ballarat completes Berringa acquisition
New Ballarat Gold Corporation plc has completed the acquisition of the historic Berringa gold mine in the Victoria gold fields in Australia. LICENCE The joint venture subsidiary is between Red Rock Resources plc (50.1%) and Power Metal Resources plc (49.9%). The subsidiary’s holding company Red Rock Resources Australasia plc (RRAL) initially signed the agreement in […]