Altus Strategies plc has appointed Boubacar Thera as corporate manager for Mali. Mr Thera is a Malian lawyer with more than 25 years’ experience in the natural resources industry in Africa. He has focused on contract, joint venture and mining title negotiations including direct communications with government and local private partners. Mr Thera’s previous corporate […]
Tag: extractive industries
Alba increases exploration target for Thule Black Sands ilmenite
Alba Mineral Resources plc announced it had identified a “significant” exploration target at its ilmenite project at Thule Black Sands (TBS), northern Greenland. The target is of 70-300 million tonnes (Mt) at a grade of 35-50% total heavy materials (THM), a range of ilmenite grade (as a percentage of THM) of 12-22%, and a range […]
Red Rock raises £202,205 through warrant exercise
Red Rock Resources plc said it had received £202,205.88 following notices to exercise warrants over 26,960,784 new ordinary shares of 0.01 pence each in the company. The warrant shares are being issued pursuant to the exercise of 26,960,784 warrants into shares at an exercise price of 0.75 pence per share.
Altus extends gold mineralisation and project area at Tabakorole
Altus Strategies plc has increased gold mineralisation and nearly doubled its project area with two new licences at Tabakorole in southern Mali. Exploration is being funded by Marvel Gold Limited under its joint venture (JV) with Altus which holds a 49% equity interest and 2.5% net smelter return (NSR). ltus holds 49% of the project […]
Scotgold ships first gold concentrate from Cononish
Scotgold Resources Ltd announced it had made its first shipment of gold concentrate from Cononish mine near Tyndrum, Scotland. PRODUCTION The company added that the mine has been producing both gold concentrate and gravity separated gold Dore after resolving outstanding technical issues. Scotgold aims to open multiple faces of ore in the underground mine as […]
Kavango Resources raises £231,250 in warrant exercise
Kavango Resources plc said it had received £231,250 following notices to exercise warrants over 9,250,000 new ordinary shares of £0.001 each in the company. The warrant shares are being issued pursuant to the exercise of warrants granted and announced in April 2020.