GreenOre Gold plc has recorded the resignation of three directors from the company. Companies House documents shows that Marc Sale stepped down on 31 December 2021 followed by Gavin Berkenheger and Raymond Keenan on 21 January 2022.
Tag: metals and minerals
Hummingbird looks to improve on Q1 operations
Hummingbird Resources plc said it expected operations to improve following first quarter results from its gold expoloration and mining portfolio in West Africa. PRODUCTION The company previously forecast lower Q1 2022 production which was recorded at 15,548 oz gold (Q4 2021: 18,181oz). This was due mainly to the planned essential maintenance work on the processing […]
Cadence notes fourth sale of Amapá stockpile iron ore
Cadence Minerals plc noted the fourth sale and shipment of iron ore from stockpiles at the Amapá joint venture project in Brazil. PARTNERS The company holds 27% and Indo Sino Pty Ltd has 73% of the JV project company Pedra Branca Alliance Pte. Ltd, which owns 100% equity of DEV Mineração S.A. Approximately 1.2Mt of […]
Power Metal granted Cherished Hope licence
Power Metal Resources plc has been granted a third prospecting licence, containing the historical Cherished Hope mine, in the Tati Greenstone Belt near Francistown, Botswana. ANOMALIES The company’s subsidiary, Tati Greenstone Resources Pty Ltd, holds the 16.14 km2 licence, which also holds a large gold-in-soil anomaly. Prospecting licence 049/2022 adds to the company’s existing PL126/2019 and PL127/2019. […]
Serica Energy records ‘outstanding year of progress’
Serica Energy plc said 2021 was an outstanding year of progress, with pre-tax profits of £135.1 million, from the company’s oil and gas portfolio in the UK North Sea. FINANCES The company’s results for the year ended 31 December 2021 showed the increase compared with £12.5m in 2020. Group gross profit for 2021 was of […]
Scotgold misses Q1 production guidance at Cononish
Scotgold Resources Ltd recorded Q1 production lower than guidance at the company’s gold and silver Cononish mine, near Tyndrum in Scotland. PRODUCTION Gold production totalled 1,257 gold ounces (guidance of 1,400 – 2,200 oz) and process plant feed throughput was some 3,000 tonnes. Circa 8,600 tonnes of ore was mined and transferred to run of mine […]