Scotgold Resources Ltd reported its highest production level since first gold pour as it issued guidance for the Cononish mine near Tyndrum in Scotland. PRODUCTION Production for Q4 2021 totalled 1,508 ounces of gold, with 101 tonnes of concentrate produced in December equating to some 700 ounces of contained gold. Scotgold said this represented a 60% […]
Tag: precious metals
Condor Gold raises £66,000 via options exercise
Condor Gold plc raised £66,000 following notice to exercise share options at 22 pence per share, issued under its employee share option scheme. The company issued 300,000 new ordinary shares with a nominal value of 20p each in the company.
Power Metal secures first 100%-owned Botswana project with Au-Ni licences
Power Metal Resources plc marked an emotional moment as it secured its first 100%-owned project in Botswana with the receipt of the two gold-nickel Tati prospecting licences (PLs). OPPORTUNITY The vendors transferred PLs 126/2019 and 127/2019 to the company’s subsidiary Tati Greenstone Resources Pty Ltd (TGR). “This is an extremely poignant moment for Power Metal, with the successful […]
Cora Gold progresses ESGs near Sanankoro
Cora Gold Ltd said it has made further progress with its environment, social and governance (ESG) policies near the company’s Sanankoro gold project in Mali. VISITS In addition to appointing an ESG manager and advisor, Cora has recently been the community gardens of Sanankoro, Dako and Faragouagnia. The company also visited the village savings and […]
Cora Gold appoints Djibril Sanogo as ESG manager
Cora Gold Ltd has appointed Djibril Sanogo as environment, social and governance (ESG) manager. He will co-ordinate ESG commitments, oversee the completion of the ESIA [environmental and social impact assessment] and subsequently implement any recommendations. Mr Sanogo has more than 15 years’ experience overseeing environmental and community management for mining companies in Mali. He has […]
Power Metal starts reconnaissance work at Wallal
Power Metal Resources plc announced the start of ground reconnaisance at its gold-copper interests in the Wallal project in the Paterson Province, Western Australia. DRILL LOCATIONS The company’s assets are held through through First Development Resources Ltd (FDR). The Wallal project, comprising E45/5816, E45/5853 and E45/5880, is one of FDR’s three Paterson region projects. A reconnaissance team will survey and […]