Finance Metals & Minerals News

Cornish Lithium buys £2.3m technology licence

Cornish Lithium Ltd has bought an exclusive £2.3 million technology licence from Australian group Lepidico for bulk metallurgical testing and building a pilot plant for its Trelavour hard rock project near St Austell. TRIAL The 15-year royalty-free licence, covering the entire 93km2 St Austell granite region, includes a two-year option to purchase 100m shares in […]

Metals & Minerals News

GoldStone nears expanded Akrokeri-Homase gold lease

GoldStone Resources Ltd has been recommended an expansion of its mining lease for the Akrokeri-Homase (AKHM) gold project in South West Ghana. The project already included the Homase South Pit and now covers the proposed Homase North and Homase Central pits and the expanded Homase South Pit with the increased mineable resource by 86,900 oz […]

Metals & Minerals News

Hummingbird to miss gold output targets at Yanfolila

Hummingbird Resources plc said it would not meet its lower end of 2020 production guidance at its Yanfolila gold mine in Mali due to extreme rain and the military coup during August. Total ounces poured year to date as at the end of November were approximately 93,000oz but the company had hoped for 110,000 – 125,000oz. […]

Company Moves Metals & Minerals News

Altona appoints Christian Taylor-Wilkinson as CEO

Altona Energy plc announced that Christian Taylor-Wilkinson has been made Altona’s full-time CEO. Mr Taylor-Wilkinson has represented the board as a non-executive director since 1 February 2019 and interim chief executive since 20 March 2020. The company said that for the past 12 months he has been the main driver of its new rare earths […]

Metals & Minerals News

Alba intersects potential 550m extension at Clogau

Alba Minerals Resources plc said it had intersected a potential 550-metre extension to the Main Lode containing most of the historic production at Clogau-St David’s gold mine in North Wales. The company believes the extension is in westerly direction the Clogau Main Lode and now plans infill surface and underground drilling for confirmation. FIRST PHASE […]

Metals & Minerals News

Scotgold makes first gold pour on St Andrew’s Day

Scotgold Resources Ltd announced its first gold pour at the Cononish gold and silver mine in the Scottish Grampian Mountains area. The gold exploration company achieved the milestone on St Andrew’s Day yesterday (30 November). Scotgold said it would now increase production at Cononish to design level early in 2021 to become Scotland’s first commercial […]