Caerus Mineral Resources plc has extended its copper-gold portfolio by signing a heads of terms agreement to acquire for £300,000 Cyprus Gold Mines Ltd (CGML). CGML, currently known as P. Von-de-Tsianos Gold Mines Ltd (PVTGM), is a Cypriot-registered exploration and mining company with three advanced copper-gold exploration properties. Caerus said that each property had a mining history […]
Tag: extractive industries
VOG to raise $7.5m with loan deal for gas operations at Douala
Victoria Oil & Gas plc (VOG) said it aimed to raise $7.5 million (£5.5m) with a financing agreement for its onshore gas operations in the port city of Douala in Cameroon. MERIDIAN CAPITAL The company’s wholly owned subsidiary, Gaz du Cameroun S.A. entered into a definitive financing agreement with Meridian Capital (HK) Ltd to raise the funds […]
Kavango raises £6,250 through warrant exercise
Kavango Resources plc has raised £6,250 after receiving notices to exercise warrants over 625,000 new ordinary shares of £0.001 each in the company (warrant shares).
Kavango raises £31,250 through warrant exercise
Kavango Resources plc said it had received £31,250 following notices to exercise warrants over 1,250,000 new ordinary shares of £0.001 each in the company (warrant shares). The warrant shares are being issued pursuant to the exercise of warrants granted and announced on 15 April 2020.
Kavango to drill EM anomaly at metal sulphide project in KSZ
Kavango Resources plc said it planned to drill a new electro-magnetic anomaly in the Hukuntsi (northern) section of its Kalahari Suture Zone (KSZ) metal sulphide project in Botswana. Designated target C1, the conductive anomaly is located 11km from target A2 identified in April 2020. Both lie in ‘Norilsk-style’ gabbro keels. DRILL PROGRAMME The company expects to drill […]
Alba starts 1,700 drill to prepare mineral resource for Amitsoq graphite
Alba Mineral Resources plc said it had started drilling in preparation for an initial mineral resource at the Amitsoq Island graphite deposit, southern Greenland. The miner aims to drill 15 holes for 1,700 metres in some six weeks. Alba has previously reported Amitsoq graphite to be among the highest-grade graphite projects in the world, averaging 28.7% […]