(Alliance News) - Scotgold Resources Ltd on Friday said administrators have assumed control of the company, as it previously indicated would happen on Wednesday. Read More
Scotgold Resources Ltd - Stirlingshire, Scotland-based gold and silver explorer - Considers appointing administrators in Australia. The company's only substantive assets are its holdings in SGZ Cononish Ltd and SGZ Grampian Ltd. Expects to proceed with an administration process for SGZ Cononish "soon". Meanwhile, the secured creditor over the assets of SGZ Cononish, Bridge Barn, has informed Scotgold it will enforce its rights over the shares held by Scotgold in SGZ Grampian. Scotgold shares have been suspended from trading on AIM since September 11. Read More
Scotgold Resources Ltd - Stirlingshire, Scotland-based gold and silver exploration company - Says Nathaniel le Roux resigns as director of the company and its subsidiaries, after almost ten years, effective immediately as the company heads toward administration. Says it is now evaluating its position to "consider all options" available to the company and subsidiaries. le Roux is the major-secured creditor of subsidiary SGZ Cononish Ltd. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Scotgold Resources Ltd on Monday said it is now in discussions with a new strategic investor, after losing its "most advanced" investor at the start of October. Read More
(Alliance News) - Scotgold Resources Ltd on Monday said its "most advanced" prospective investor has withdrawn from discussions, meaning it is now considering its strategic options, including the potential of appointing administrators over the coming days. Read More
Scotgold Resources Ltd - Stirlingshire, Scotland-based gold and silver exploration company - Updates on the mining plus review of the Cononish mine plan for the next twelve months. Says while the company further stated that while the geological data and documentation suggested "no fatal flaws" in the mineral resource estimate and grade control modelling process, the draft mine plan and associated cash flow forecasts are currently being reviewed by the company, but they indicate that to deliver to the plan, a significant capital investment is required. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Scotgold Resources Ltd on Monday withdrew its full-year guidance as it began a third-party review of the Cononish mine plan for the next 12 months, following a "disappointing" first half of 2023. Read More
Scotgold Resources Ltd - Stirlingshire, Scotland-based gold and silver exploration company - Appoints Sean Duffy, its chief financial officer and board director, as interim chief executive officer. Duffy will take on the role immediately, whilst remaining as CFO. This follows the resignation of Phil Day last Thursday, who left the role "to spend more time with his family". At the time, Scotgold said it was "reluctantly" accepting Day's resignation. Read More
(Alliance News) - Scotgold Resources Ltd on Thursday said Chief Executive Officer Phil Day has resigned to spend more time with his family. Read More
Scotgold Resources Ltd - Stirlingshire, Scotland-based gold and silver exploration company, primarily focused on developing the Cononish gold and silver mine in the Scottish highlands - Raises GBP1.5 million via a share subscription for 10.1 million open offer shares. Read More
(Alliance News) - Scotgold Resources Ltd on Friday said it will raise additional funds via a share subscription and open offer, following encouraging progress at the Cononish gold mine in Scotland. Read More
(Alliance News) - Scotgold Resources Ltd on Wednesday said it has secured a USD500,000 advance to assist with its short-term working capital from its gold offtake partner. Read More
(Alliance News) - Scotgold Resources Ltd shares surged on Thursday, despite a widening loss in the first half, as it reported "progress" at its Cononish mine. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
(Alliance News) - Stock prices in Europe ended higher on Monday, with shares bolstered by fears for the banking sector abating after a deal was struck for a US bank to mop-up assets of collapsed Silicon Valley Bank. Read More
(Alliance News) - Scotgold Resources Ltd on Monday said gold grades at the 430 West ore drive at the Cononish project in Scotland have declined "significantly". Read More
(Alliance News) - Stock prices in London were higher at midday on Monday, as investor sentiment was lifted by the news that a US bank will buy more USD70 billion dollars of Silicon Valley Bank assets. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More