Company Moves Metals & Minerals News

The Coal Authority appoints Jeff Halliwell as chairman

The Coal Authority has appointed Jeff Halliwell as chairman effective from 1 April 2021. He replaces Steven Dingle who has held the post for eight years. Mr Halliwell’s executive experience is with consumer businesses such as Fox’s Biscuits / Northern Foods, First Milk and Bernard Matthews. His background is in international marketing and commercial roles […]

Metals & Minerals News

Alba surface drilling extends Llechfraith strike

Alba Mineral Resources plc reported that its surface drilling programme has extended the strike of the Llechfraith gold target to 58 metres at the Clogau-St David’s gold mine, North Wales. This in addition to extending 66 metres below the deepest previously worked zone at the area. Since the start of February 2021, holes LL007 – […]

Metals & Minerals News

Cora awarded exploration permit for Sanankoro II

Cora Gold Ltd announced it had been awarded a nine-year Permis de Recherche [exploration permit] for Sanankoro II at the company’s flagship gold project in southern Mali, West Africa. The news comes after the junior miner was awarded a Convention d’Établissement1. The permit, granted under Mali’s new Mining Code 2019, covers the same area as the previous Sanankoro […]

Company Moves Metals & Minerals News

Power Metal appoints Edmund Shaw as NED

Power Metal Resources plc has appointed Edmund (Ed) Charles Frederick Edmund Shaw as non-executive director. Mr Shaw, aged 47, is an experienced City finance professional took up his position on 19 February 2021. His previous directorships include Dunton Capital LLP, Manders & Shaw Limited and ShawCap Limited. He is currently director at NewPeak Capital LLP […]

Metals & Minerals News

Red Rock marks milestone at Mikei gold project

Red Rock Resources plc said it had paid $1 million of its obligation to Kansai Mining Corporation Ltd towards completing the purchase of the remaining interest in the Mikei gold project in Kenya. The outstanding amount of $1,500,000 will be in the form of an issue of 101,550,000 new ordinary shares of 0.01p in the […]

Metals & Minerals News

Altus makes notable gold grade intersections at Tabakorole

Altus Strategies plc said it had made significant broad and high-grade intersections from reverse circulation (RC), aimed to increase mineral resource, at the Tabakorole gold project in southern Mali. Exploration activities at Tabakorole are funded by Australian miner Marvel Gold Ltd under its joint venture (JV) with Altus, which holds a 49% equity interest and […]