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  5. IN BRIEF: Scotgold enjoys "significant improvement" in mining

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IN BRIEF: Scotgold enjoys "significant improvement" in mining

Wed, 01st Sep 2021 21:56

Scotgold Resources Ltd - gold and silver explorer and producer in Scotland - Reports "significant improvement in production profile" at the Cononish project. Company is assessing an upward adjustment to the mine plan, with further updates to be announced once the plan is finalised. Two shipments of gold concentrate in August made revenue exceeding operating costs.

Current stock price: 65.25 pence

Year-to-date change: down 34%

By Ivan Edwards; ivanedwards@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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21 Dec 2022 09:27

Revenues jump, losses widen at Scotgold

(Sharecast News) - Full-year losses at Scotgold Resources doubled, the gold miner said on Wednesday, hit by higher costs as production ramped up.

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21 Dec 2022 09:00

LONDON MARKET OPEN: European markets make gains in early trade

(Alliance News) - Stock prices in London opened higher on Wednesday, while official statistics showed a surge in UK government borrowing, as Westminster forks out billions for its energy support scheme.

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24 Oct 2022 08:14

IN BRIEF: Scotgold achieves revised third-quarter production guidance

Scotgold Resources Ltd - Stirlingshire-based gold and silver explorer and producer in Scotland - On Thursday last week, says that, in the third quarter of the year, gold production totals 2,004 ounces, increasing year-on-year from 1,123 ounces. However, production slows from 3,531 ounces in the second quarter of 2022. The third quarter amount achieves guidance, which had previously been revised downwards due to delayed power and ventilation upgrades in the underground mine. Gold sales total GBP3.4 million during the period, rising from GBP2.6 million a year before, but slowing from GBP5.0 million in the preceding quarter. Scotgold expects to produce 3,000 to 3,900 ounces of gold in the fourth quarter.

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11 Jul 2022 11:40

IN BRIEF: Scotgold shares rise as gold production beats guidance

Scotgold Resources Ltd - Stirlingshire-based gold and silver explorer and producer in Scotland - Posts "record gold production" in the second quarter of 2022 that beats firm's guidance. At its Cononish gold and silver mine in Scotland, produces 3,531 ounces of gold in the second quarter, more than 2,631 ounces it produced in the entire second half of 2021. Beats quarterly guidance of 2,600 to 3,200 ounces.

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21 Jun 2022 22:13

TRADING UPDATES: Coca-Cola HBC and Pendragon shareholders show ire

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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9 Jun 2022 16:09

Scotgold reports record production amid optimisation work

(Sharecast News) - Commercial gold producer Scotgold Resources updated the market on production and operational progress at its Cononish Gold Mine in Tyndrum, Scotland on Thursday, reporting "record production" for April and May, totalling 1,984 ounces of gold and 10,810 ounces of silver.

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9 Jun 2022 11:31

Scotgold shares jump on record production at Cononish Gold Mine

(Alliance News) - Scotgold Resources Ltd on Thursday said it is on track to meet or exceed its second quarter targets as it posts record production.

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9 Jun 2022 11:23

AIM WINNERS & LOSERS: TruFin up on Satago partnership; ITM Power warns

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

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23 May 2022 19:29

TRADING UPDATES: Big Yellow's annual profit surges on occupancy gains

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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22 Apr 2022 15:17

TRADING UPDATES: Itaconix fundraise; Graft Polymer, MGC in patent wins

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and Thursday and not separately reported by Alliance News:

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7 Apr 2022 12:34

Scotgold agrees possible funding with Swiss wealth manager

(Sharecast News) - Scotgold Resources has entered into an agreement with Fern Wealth, it announced on Thursday, for procuring loan funding from a syndicate of "high net-worth investors" of up to £3m.

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30 Mar 2022 14:22

EARNINGS UPDATES: Barkby pubs bounce back; Catalyst Media in profit

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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16 Mar 2022 14:17

EXECUTIVE CHANGES: SEEEN names two interim CEOs after Kinetiq tie-up

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday and Wednesday and not separately reported by Alliance News:

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3 Mar 2022 20:34

TRADING UPDATES: Next Fifteen raises GBP50 million; N Brown sales up

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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18 Jan 2022 16:09

UK shareholder meetings calendar - next 7 days

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