Alba Mineral Resources plc has acquired outstanding minority interests to complete its 100% ownership of the Amitsoq graphite and Melville Bay iron ore projects in Greenland. The acquisitions are a precursor to the spin-out of Alba’s Greenland projects into a new AIM-quoted company Listco. The transaction requires 100% ownership of all the Greenland projects to be delivered to Listco. […]
Tag: metals and minerals
Kavango-Power Metal extend Morula
Kanye Resources plc announced encouraging results from soil sampling at the South Ghanzi project in the Kalahari Copper Belt (KCB), Botswana. The company is a 50-50 joint venture between operator Kavango Resources plc and Power Metal Resources plc with both sharing exploration costs. Kavango extended infill soil sampling from 5.5km to 11km which led to […]
Power Metal signs earn-in options for Quebec lithium
Power Metal Resources plc has signed an earn-in agreement with the option to acquire a 100% interest in two lithium pegmatite exploration properties in Quebec, Canada. TERMS The company may earn in to a 100% interest of Authier North and Duval East in the prolific Val d’Or mining camp 45km northwest of the city and […]
Altona appoints Cédric Simonet as COO
Altona Rare Earths plc has appointed Cédric Simonet as chief operating officer with immediate effect. Mr Simonet became a non-executive director of the company in December 2020 before which he had been consultant geologist since July 2020. He is a French national who graduated from Universite Blaise Pascal with a Masters in Geology in 1995, and […]
Dalradian meets businesses as mine plans attract opposition
Dalradian Gold has held several meet-the-buyer events on opportunities at the proposed £750 million gold-silver-copper mine in County Tyrone, Northern Ireland. PROTEST The American company, backed by Orion Resource Partners, said that in recent months approximately 100 businesses had attended information sessions. The mine plans, which have attracted more than 40,000 representations, are subject to […]
Cadence investee to start drilling at Lake Giles
Cadence Minerals plc said that geotechnical drilling would soon start to support mine planning as part of the current feasibility study for the magnetite Lake Giles iron project in Yilgarn, Western Australia. RESULTS The company holds 1% of the issued equity interest in Australian explorer and operator Macarthur Minerals Ltd. Crew and equipment will begin […]