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GCM Resources PLC - Resource exploration and development company focused on the Phulbari coal and power project in north-west Bangladesh - Provides update regarding the publication of audited...
Atlantic Lithium revealed on Friday that executive chairman Neil Herbert had acquired 173,913 ordinary shares in the AIM-listed exploration and development company.
The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: ---------- Tintra PLC - London-based DeepTech bank that uses...
1.815km * In respect of certain claims at Burro Creek East and Burro Creek West, the company's interest is held via an option agreement to acquire 100% of the relevant lease interests subject to a payment of a cash sum between U$600,000 and US$750,000, depending on the timing of the exercise of the option. Strategy The Group's strategy for the progression of its assets is to prioritise the development of the (two) Burro Creek projects and the claims held by Zenolith at Wikieup, which the Directors view as being the most commercially advanced and prospective projects, as set out below. W...
About GCM Resources GCM Resources plc (LON:GCM), the 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...