A look back at some of the top news from London’s small-cap miners.
By Madeleine Taylor
The proceeds will be used for “progressing the workstreams” required for a pre-feasibility study on the Toral lead-zinc-silver project located in the Castilla y León region, northern Spain.
The company formed a new local subsidiary, Oriole Cameroon SARL, and has submitted applications for a district-scale land package in the centre of the country.
The cash received is in relation to works conducted at Leigh Creek Copper Mine.
IronRidge Resources PLC (LON:IRR) identified more potential targets at its Dorothe gold prospects in Chad from a wide-ranging electrical resistivity programme.
Bluejay Mining PLC (LON:JAY) said that in the first six months of the year it had made “excellent progress” in Greenland, a “jurisdiction increasingly recognised as one of the last underdeveloped mineral regions”.
Operationally, it continued to focus on the Dundas Titanium Project, the world’s highest-grade ilmenite mineral sand deposit.
Vast Resources PLC (LON:VAST) said it is “near to finalisation” on documentation for enough funding to cover commissioning at the Baita Plai polymetallic mine in Romania and to begin diamond mining in Zimbabwe.
Pure Gold Mining Inc (CVE:PGM) (LON:PUR) (OTCMKTS:LRTNF) said the latest drilling at Wedge Zone at its flagship Madsen project in Red Lake, Ontario, has further underlined the potential of the mine currently being built there.
European Metals Holdings Limited (LON:EMH) took a lot of encouragement from the decision by Volkswagen to locate its first electric vehicle plant at Zwickau, 90km from the Cinovec lithium deposit.
Pedro Rodrigues dos Reis will be project director in the run-up to scheduled first nickel production in 2022.
Arc Minerals Ltd (LON:ARCM) said the year was one of considerable change and progress for the company as it increased its’ interest in Zamsort Limited from 14% to 66%, giving it control of a significant copper opportunity in Zambia.
The three-year renewable deal being discussed involves the supply of ore for up to 60,000 tonnes per annum, from Galileo’s Star zinc project to Jubilee’s Kabwe zinc refinery.
Shanta Gold Ltd (LON:SHG) returned positive surface exploration drilling results from its ongoing exploration programmes within its existing mining licences at the New Luika gold mine in south western Tanzania.
Premier African Minerals Limited (LON:PREM) refused to confirm reports in Zimbabwe that is has been awarded an exclusive prospecting order application (EPO) for its Zulu lithium project.
Article originally published by proactive investors. Share Talk is not responsible for its content or accuracy and may not share the author’s views. News and research are not personal recommendations to deal. All investments can fall in value so you could get back less than you invest.
The above has been published by Proactive Investors Limited (the “Company”) on its website and is made available subject to the terms and conditions of use of its website (see T&C )
All copyrights @proactive_UK
All information is provided on an as-is basis. Where we allow Bloggers to publish articles on our platform please note these are not our opinions or views and we have no affiliation with the companies mentioned