Galantas Gold Corporation has been granted additional licences to increase its base and precious metals prospecting area in Ireland. FLINTRIDGE RESOURCES The Canadian company’s local operating subsidiary Flintridge Resources Ltd has expanded its two areas in Co. Leitrim, increasing the total exploration land package by 47.8km2 to 159.4km2. In October 2021, the Minister for the Environment, […]
Tag: metals and minerals
Power Metal receives £17,368 via warrant exercise
Power Metal Resources plc raised £17,368 after receiving notice to exercise warrants over 2,315,789 new ordinary shares of 0.1 pence. The exercise price was of 0.75p per warrant share. Following admission to trading, the company’s issued share capital will comprise 1,469,269,704 ordinary shares of 0.1p each.
Caerus-Bezant to expand Troulli copper project
Caerus Mineral Resources plc and its joint venture partner Bezant Resources plc said they planned to expand the Troulli copper project in Cyprus. The project is a strategic hub comprising the Troulli, Anglisides and Kokkinopetra licences. ANGLISIDES Anglisides lies near Troulli and is a potential satellite resource from which ore could be fed into any […]
Altona raises £500,000 ahead of LSE listing
Altona Rare Earths plc has raised £500,000 ahead of its application for admission to the standard segment of the Official List and trading on the London Stock Exchange’s (LSE) Main Market. FUNDRAISE The company raised the funds via a placing of 6.25 million ordinary shares at 8 pence each, to satisfy its working capital requirement […]
Galantas to recruit overseas miners to bridge skills gap
Galantas Gold Corporation said the Government had granted it a visa licence to recruit eligible overseas mine workers for its Cavanacaw gold mine in Omagh, Northern Ireland. LABOUR MARKET The Canadian company added it had faced a tight labour market for experienced underground miners, and had focused on hiring and training local trainee miners. Galantas […]
Anglesey progresses Parys-Grängesberg
Anglesey Mining plc announced progress at its Parys Mountain base and precious metals project on the Isle of Anglesey and Grängesberg iron ore interest in Sweden. PARYS MOUNTAIN The company said it expected to complete infill drilling over the next week at Parys Mountain, which hosts a polymetallic zinc, copper, lead, silver and gold deposit. […]