Red Rock Resources plc has recorded four important anomalous areas in the Masurura area at the Eastern licence as the company prioritises drill targets for its 100% owned Mikei gold project (MGP) in Kenya. SURVEYS The MGP comprises two prospecting licences, PL/2018/0202 and PL/2018/0203 covering 245 km2,over the Migori greenstone belt. The company first collected […]
Tag: metals and minerals
Condor appoints Jair Navarro as senior mining engineer
Condor Gold plc has appointed Jair Diaz Navarro as a senior mining engineer at La India project in Nicaragua. Mr Diaz is a mining engineer with more than 10 years’ experience in mine planning and operations. He graduated from Colorado School of Mines with a B.Sc. in Mining Engineering in 2011. Mr Diaz joined Barrick […]
New minister likely to decide WCM coal mine plans
West Cumbria Mining (WCM)’s plans for a coking coal mine look likely to have the final decision made by a new government minister. CABINET RESHUFFLE The Secretary of State for housing, communities and local government is responsible for making the final decision on the company’s proposals. This follows the move by the previous incumbent Robert […]
Power Metal enters uranium exploration
Power Metal Resources plc has staked claims for four 100% owned uranium exploration properties comprising seven licences surrounding the Athabasca Basin in Saskatchewan, Canada. BUSINESS Acquired through its local subsidiary, the properties include Clearwater, Tait Hill, Thibaut Lake and Soaring Bay which cover a combined 10,869 hectares (109km2). The area hosts some of the world’s “largest […]
CAML records strong results for Kounrad and Sasa
Central Asia Metals plc announced improved results driven by high commodity prices for the first six months the year from its operations in Macedonia and Kazakhstan. FINANCES Central Asia Metals owns 100% of the Kounrad SX-EW copper project in central Kazakhstan and the Sasa zinc-lead mine in North Macedonia. In its unaudited interim results ended 30 June […]
Caerus intersects significant gold-copper mineralisation at Pano Lefkara
Caerus Mineral Resources plc said that due diligence scout drilling had intersected significant gold oxide and copper-gold sulphide mineralisation at shallow depth on the Pano Lefkara licence in Cyprus. DRILL READY Drilling aims to confirm the results derived from historic exploration and ahead of starting a more detailed programme of work. Caerus has defined for […]