Less Ads, More Data, More Tools Register for FREE

Pin to quick picksKatoro Gold Share News (KAT)

Share Price Information for Katoro Gold (KAT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.0825
Bid: 0.075
Ask: 0.09
Change: 0.00 (0.00%)
Spread: 0.015 (20.00%)
Open: 0.0825
High: 0.0825
Low: 0.0825
Prev. Close: 0.0825
KAT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Power Metal Sees "Gold Nuggets" At Arizona Project

Tue, 04th Feb 2020 13:13

(Alliance News) - Power Metal Resources PLC on Tuesday confirmed the presence of gold at its Alamo project located in the US state of Arizona, following a site visit.

Power Metal noted the presence of "gold nuggets" in the project area.

Power Metal said: "This sampling demonstrated the presence of coarse, near-surface gold while the topographical surface morphology supports a likely proximal hard-rock source for the gold. The findings also provide some support to reports that some 60 ounces of gold nuggets have been recovered within the project area (the largest nugget reportedly weighing approximately 5 ounces)."

On Monday, Power Metal investee Katoro Gold PLC transferred ZAR5.0 million, about GBP263,000, to Blyvoor Gold Operations (Pty) Ltd as part of a joint-venture project.

The partnership aims to explore gold and other minerals at six gold tailings dams owned by Blyvoor.

Katoro said: "The initial tranche will allow the JV Partners to now continue and accelerate work on the confirmatory test work to optimise the financial projections and conceptual designs for the processing plant as the company seeks to secure the requisite funding for the project."

Power Metal shares were 11% lower at 0.31 pence each in London on Tuesday. Katoro Gold shares were 3.5% lower at 2.08p.

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
17 Apr 2024 13:55

Katoro Gold shares fall despite Haneti project advancements

(Alliance News) - Katoro Gold PLC shares fell on Wednesday, after it updated shareholders on projects, contracts, and new executives.

Read more
17 Apr 2024 09:08

Katoro Gold reports progress on multiple fronts

(Sharecast News) - Katoro Gold said in an update on Wednesday that at the Haneti Project, it had conducted a series of technical meetings and reviews and was preparing to advance to the next stage of exploration.

Read more
19 Mar 2024 16:17

EARNINGS AND TRADING: Pebble doubles dividend despite reduced profit

(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
29 Feb 2024 13:11

Katoro formally appoints Power Metal CEO as new non-executive chair

(Alliance News) - Katoro Gold PLC on Thursday appointed Sean Wade as non-executive chair with immediate effect

Read more
15 Feb 2024 14:00

IN BRIEF: Katoro Gold names Power Metal CEO as new chair

Katoro Gold PLC - London-based gold and nickel exploration and development company - Proposes hiring Sean Wade, chief executive officer of Power Metal Resources PLC, as non-executive chair. Katoro and Power Metal are joint venture partners on the Haneti Project in central Tanzania. Wade previously served in various senior mining roles including at Berkeley Energia PLC, Pensana PLC and Asia Resource Minerals PLC, and "has worked on numerous transactions in the capital markets". Former Chair Louis Coetzee will remain as executive director after Wade's appointment until a new director is appointed. He will then leave the board and company, but serve as a consultant to Katoro until July 31.

Read more
14 Feb 2024 15:25

IN BRIEF: Katoro Gold gets additional financing; raises GBP825,000

Katoro Gold PLC - London-based gold and nickel exploration and development company - On Monday, Katoro announced a financing, raising GBP750,000. Says its broker SI Capital Ltd has received, and the company accepted, a further order from a single institution raising an additional GBP75,000 cash. This additional financing increases the total amount raised to GBP825,000.

Read more
12 Feb 2024 19:44

TRADING UPDATES: Katoro Gold launches fundraising, eyes board shake-up

(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
3 Jan 2024 08:58

Katoro Gold says no proof of payment from Imweru joint venture partner

(Alliance News) - Katoro Gold PLC on Wednesday said its joint venture partner for the Imweru gold project in Tanzania has failed to provide proof of a key payment.

Read more
3 Jan 2024 07:38

Katoro waiting for agreed payment from Lake Victoria Gold

(Sharecast News) - Minerals explorer and developer Katoro Gold reported on Wednesday that Lake Victoria Gold (LVG), under its joint venture agreement, had yet to provide any evidence of payment for the agreed capital contribution due on 31 December.

Read more
22 Sep 2023 14:05

Katoro Gold narrows annual loss but cash may run out this month

(Alliance News) - Katoro Gold PLC shares fell sharply on Friday as it announced a narrowed loss but few available cash reserves, and said it needs further funds to support its ongoing working capital.

Read more
22 Sep 2023 11:48

Katoro Gold shares tank on funding fears

(Sharecast News) - Katoro Gold lost almost a fifth of its market value on Friday after the Sub-Saharan Africa-focused miner warned that it could run out of money by the end of the month.

Read more
22 Sep 2023 11:22

AIM WINNERS & LOSERS: Mothercare goes global; Katoro Gold needs cash

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

Read more
29 Jun 2023 15:49

UK shareholder meetings calendar - next 7 days

Friday 30 June 
Argo Blockchain PLCAGM
Ascent Resources PLCAGM
Bluejay Mining PLCAGM
Caspian Sunrise PLCAGM
Codex Acquisitions PLCAGM
Domino's Pizza Group PLCGM re amendments to Company's 2022 Long Term Incentive Plan
Evraz PLCAGM
Fenikso LtdAGM
Fiinu PLCAGM
FireAngel Safety Technology Group PLCAGM
GENinCode PLCAGM
Hemogenyx Pharmaceuticals PLCAGM
Hiro Metaverse Acquisitions I SAAGM
i3 Energy PLCGM re premium share cancellation
ImmuPharma PLCAGM
Inspired PLCAGM
Jadestone Energy PLCAGM
Kanabo Group PLCAGM
Kefi Gold & Copper PLCAGM
Kistos Holdings PLCAGM
KRM22 PLCAGM
Kropz PLCAGM
LoopUp Group PLCAGM
Medica Group PLCAGM
Mirriad Advertising PLCAGM
Nostrum Oil & Gas PLCAGM
Pendragon PLCAGM
Rockfire Resources PLCAGM
Savannah Energy PLCAGM
Strip Tinning Holdings PLCAGM
ThomasLloyd Energy Impact Trust PLCAGM
URA Holdings PLCAGM
World Chess PLCAGM
Monday 3 July 
Pacific Assets Trust PLCAGM
Rotala PLCGM re proposed disposals
Tuesday 4 July 
Airtel Africa PLCAGM
Marks & Spencer Group PLCAGM
Strix Group PLCAGM
Versarien PLCGM re capital raise
Wednesday 5 July 
AdvancedAdvT LtdAGM
Bonhill Group PLCAGM
Burford Capital LtdAGM
Capital Gearing Trust PLCAGM
Clarify Pharma PLCAGM
Eneraqua Technologies PLCAGM
i(x) Net Zero PLCAGM
Thursday 6 July 
3i Group PLCAGM
3i Infrastructure PLCAGM
Great Portland Estates PLCAGM
J Sainsbury PLCAGM
Katoro Gold PLCAGM
Land Securities Group PLCAGM
Mining, Minerals & Metals PLCAGM
Peel Hunt LtdAGM
Severn Trent PLCAGM
Workspace Group PLCAGM
Young & Co's Brewery PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
9 Jun 2023 10:36

Katoro Gold annual loss widens on impairments, outlook hopeful

(Alliance News) - Katoro Gold PLC on Friday said its annual loss widened due to impairments linked to a drilling programme.

Read more
3 Apr 2023 15:34

IN BRIEF: Katoro Gold raises GBP150,000 in placing and subscription

Katoro Gold PLC - Gold and nickel exploration and development company - Raises GBP150,000 at 0.1 pence per share through a placing by SI Capital of GBP130,000 and director's subscription of GBP20,000, both of which will be used to fund the company's ongoing working capital requirements. Katoro has also issued GBP48,000 of new shares in settlement of accrued director fees outstanding.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.