Proactive weekly mining highlights: Anglo Asian Mining, Thor Mining, Panthera Resources, NQ Minerals
Scotgold Resources Limited (LON:SGZ) provided an update on its progress ramping up production at its newly commissioned Cononish Gold and Silver Mine in Scotland, as well as its exploration activities on the Cononish Project and Grampian Project.
Shanta Gold Ltd (LON:SHG) said it produced 20,622 ounces of gold from its New Luika mine in Tanzania during the fourth quarter of 2020, up from the 19,973 produced in the third quarter.
Power Metal Resources PLC (LON:POW) has taken an option to acquire a 100% interest in four gold exploration properties in the prospective Hemlo and Schreiber area of Ontario, Canada, while also hailing the completion of the first drill programme at its part-owned Haneti project in Tanzania.
Condor Gold (LON:CNR) (TSE:COG) has completed a ground investigation program of 23 geotechnical drill holes and 58 test pits on the tailings storage facility (TSF), water retention and attenuation reservoir and processing plant site at La India project, Nicaragua.
Base Resources Limited (LON:BASE) left its production guidance for the current fiscal year unchanged as it updated on activities in the final quarter of calendar year 2020.
Thor Mining PLC (LON:THR) updated investors on the outlook for its projects in the March quarter of 2021 with a quarterly update revealing that a program of field sampling and drill access permitting is planned for its Ragged Range gold project in Western Australia, as well as an initial 3,000-metre drill program.
Galileo Resources PLC (LON:GLR) said it has sold a package of 9 licences in the Kalahari Copper Belt for US$3mln to Sandfire Resources Ltd (ASX:SFR), which is building the T3 copper-silver mine nearby.
Salt Lake Potash Ltd (ASX:SO4) (LON:SO4) (FRA:W1D) has successfully completed its share purchase plan after increasing the offer size to $8 million from the initial $5 million targeted, following strong demand from existing retail shareholders.
BlueRock Diamonds PLC (LON:BRD) has announced the sale of a 14.8 carat stone for US$167,000, equating to a price per carat of US$11,300.
Asiamet Resources Ltd (LON:ARS) has announced the termination of the binding sale and purchase agreement (SPA) entered into with PT WIN, as signed and announced on December 24, 2020, for the acquisition of Indokal Ltd, the owner of the Kalimantan Surya Kencana Contract of Work, located in Central Kalimantan, Indonesia.