GreenRoc Mining plc announced a “significant” initial ore resource, with total graphite content exceeding the previous tonnage range at its Amitsoq project, southern Greenland. JORC RESOURCE The company reported a combined indicated and inferred JORC resource of 8.28 million tonnes (Mt) at an average grade of 19.75%, giving a total graphite content of 1.63Mt. This […]
Tag: metals and minerals
Sunrise seeks new JV for CS pozzolan-perlite
Sunrise Resources plc announced it would look for new partners after ending negotiations on a joint agreement for its CS pozzolan-perlite project in Nevada, USA. TESTS The company said that for a “protracted period” it had provided samples for commercial testing, held regular talks and discussed terms for a joint venture with a large cement […]
Altus Strategies appoints Gérard De Hert as NED
Altus Strategies plc has appointed Gérard De Hert as a non-executive director (NED) of the company with immediate effect. Mr De Hert is managing director (technical services) at La Mancha Holding S.à r.l, where he oversees the technical assessment of new and existing investments. He has worked for more than 20 years on the appraisal and extraction of several of […]
Altona representative in Malawi no longer NED
Altona Rare Earths plc announced that its local representative partner in Malawi, Hilton Banda, is no longer a non-executive director (NED) of the company with immediate effect. The news follows the company’s decision to exit the project. Altona appointed Mr Banda as NED in November 2021.
Altona exits Chambe project
Altona Rare Earths plc announced it had terminated its interest in the Chambe project in Malawi. CONDITIONS PRECEDENT The company added that its local joint venture partner had failed to complete the conditions precedent as set out in an agreement. Altona said it had spent only minimal costs, mainly relating to due diligence, on the […]
Power Metal halves losses and increases projects
Power Metal Resources plc halved losses and increased its cash balance and projects in metal and mineral exploration across three continents. FINANCES The company’s portfolio includes precious, base and strategic metals in Africa, Australia and North America. In its audited financial results for the year ended 30 September 2021, the company reported loss after tax of […]