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Investegate |GCM Resources PLC Announcements | GCM Resources PLC: Share issue - Vimarsana News

Investegate |GCM Resources PLC Announcements | GCM Resources PLC: Share issue

  GCM Resources plc, a n AIM quoted mining and energy company , announces the issuance of new ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") as payment of consulting fees in accordance with the consultancy agreement announced on 26 October 2018 and extended on 29 June 2020, with Dyani Corporation Limited ( " Dyani" ) (the "Dyani Agreement"), and in accordance with the consultancy agreement announced on 4 September 2019, with DG Infratech Pte Ltd ( " DG ") (the " DG Agreement " ...

Investegate |GCM Resources PLC Announcements | GCM Resources PLC: Project Update - Vimarsana News

Investegate |GCM Resources PLC Announcements | GCM Resources PLC: Project Update

About GCM Resources GCM Resources plc (LON: GCM), an AIM listed mining and energy company, has identified a high-quality coal resource of 572 million tonnes (JORC 2004 compliant) at the Phulbari Coal and Power Project (the "Project") in north-west Bangladesh.   Utilising the latest highly energy efficient power generating technology, the Phulbari coal mine is capable of supporting power plants of up to 6,000MW. GCM is awaiting approval from the Government of Bangladesh to develop the Project. The Company has a strategy of combining the Company's mine proposal with up...

TRADING UPDATES: Ceres Power eyes move to Main Market by mid-2022 - Vimarsana News

TRADING UPDATES: Ceres Power eyes move to Main Market by mid-2022

TRADING UPDATES: Ceres Power eyes move to Main Market by mid-2022 Wed, 17th Mar 2021 18:40 (Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Ceres Power Holdings PLC - Horsham, West Sussex-based solid oxide fuel cell developer - Proposes placing and subscription to raise GBP180m million via PrimaryBid. Says the net proceeds will be used to accelerate its investment in the development and potential commercialisation of its solid-oxide electrolysis technology. This will help expand the company's...

Source: lse.co.uk
Disaster Shadows Chinese Mining Ventures in Southeast Asia - Vimarsana News

Disaster Shadows Chinese Mining Ventures in Southeast Asia

January 28, 2021 Aerial photos of the region affected by the rupture of the Córrego do Feijão mine, in Brumadinho, Brazil, in January 2019. Credit: Flickr/Palácio do Planalto Advertisement Two years ago this week, the global mining industry felt the ground crumble beneath its feet. At the decommissioned Córrego do Feijão iron ore mine in Brazil, a tailings dam suddenly collapsed, unleashing a wall of toxic sludge that roared through the serene valleys around the city of Brumadinho. Security cameras captured the disaster in stomach-churning detail, including the horrifying moment when the...