Arkadian Strategic Metals plc has completed a 12-metre underground vertical access route to investigate the Jack Williams stope exploration target at Clogau gold mine in North Wales. Ladders and intermediate access platforms, using existing mine workings, were installed to establish a staged route from the Tyn y Cornel level into the stope, which was identified […]
Tag: North Wales
Anglesey CEO resigns
Anglesey Mining plc chief executive officer Rob Marsden has resigned from the board of directors and will step down from his post on 31 May 2026. The move follows the recent transfer of the company’s debt to investor and major creditor Energold Minerals Inc. Anglesey said in a statement: “Following the significant strategic and financial […]
Alba advances to 13.8m at Clogau
Alba Mineral Resources plc completed another blast this week and advanced 1.4 metres, reaching a total 13.8m, on level 5 at Clogau-St David’s gold mine in North Wales. CONCENTRATOR The company has also started reviewing its previously commissioned underground survey to revise the existing underground model, which will include the advances on level 5. Alba […]
Anglesey issues 4.6m new shares
Anglesey Mining plc has issued 4,607,081 new ordinary shares, following an exercise notice from major shareholder Energold Minerals Inc. to convert its 7.6 pence warrants. TVRs The warrants are part of Energold’s £350,000 strategic investment in the company, and exercise at a 17% premium on the 25 February 2026 closing price. Following admission, Anglesey’s issued […]
Alba resumes blasting at Clogau
Alba Mineral Resources plc has resumed blasting operations, despite the wintry weather, at the historic Clogau-St David’s mine in North Wales. MOMENTUM The company is focusing on the priority underground target of Llechfraith, from where around 15 tonnes of material from the first blast were removed during December 2025. Alba has also completed work recommended […]
Anglesey to cancel £4m debt with assets transfer
Anglesey Mining plc aims to cancel £4 million of debt by transferring its iron ore interests in Sweden and Canada to its largest creditor, Energold Minerals Inc. INVESTMENT The North Wales explorer, which as at 31 August 2025 held £26,271, will then focus solely on the Parys Mountain polymetal project. The move follows a binding […]