Alba Mineral Resources plc said it had found a significant 2.1-metre wide quartz vein at the end of the first phase of its surface trenching programme at Dolgellau gold exploration project in North Wales. The metals and minerals mining company has been conducting surface trenching over one of ten separate target areas. A total eight […]
Tag: UK mining
Condor Gold clears site as it transforms into a producer
Condor Gold plc said it had started initial site preparations at the location of the processing plant facility at La India gold mine, Nicaragua. Work includes creating the main plant access road from a regional paved highway to the processing plant, in-plant roads and a bypass road. All key areas for the plant layout – […]
Power Metal to enter 2021 with £2m and no debts
Power Metal Resources plc said it now had working capital of cash and listed investments exceeding £2 million. The junior metal and mineral miner’s added that half of the amount – more than £1.2 million – had been raised from warrant exercises since August 2020. The money put the company in a “robust financial position” […]
Anglesey narrows losses as it awaits Micon report
Anglesey Mining plc reported it raised £225,000 from the exercise of warrants and managed to narrow losses during the first half of 2020 at its base and precious metals site on Parys Mountain in North Wales. The fundraise follows a private placing in August of £200,000 to reach a total of £425,000. In the company’s […]
Alba appoints two new non-executive directors
Alba Mineral Resources plc has appointed two new non-executive directors with immediate effect. Lars Brünner was from 2014 until May 2020 the arctic mining and environment, business development leader for international mining and environmental consultancy firm Golder Associates A/S. Mr Brünner has been an environmental consultant for more than 25 years and conducted numerous environmental […]
Condor Gold starts 4,000m La India infill diamond drill
Condor Gold plc announced the start of a 4,000 metre close-spaced infill diamond drilling programme within the open pit at the La India gold project in Nicaragua. The company also hopes to start drilling on the high grade Mestiza open pit in January 2021. Condor Gold chairman and chief executive Mark Child added that mining […]