Pin to quick picksScotgold Di Share News (SGZ)

Share Price Information for Scotgold Di (SGZ)

London Stock Exchange
Share Price: 36.50
Bid: 35.00
Ask: 38.00
Change: 0.00 (0.00%)
Spread: 3.00 (8.57%)
Open: 36.50
High: 36.50
Low: 36.50
Yest. Close: 36.50
SGZ Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

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

Scotgold Says Cononish Study Backs Robust Economics Of Project

Wed, 5th Aug 2015 07:33

LONDON (Alliance News) - Scotgold Resources Ltd on Wednesday said it has received the bankable feasibility study for the Cononish gold and silver project in Scotland, with the study backing the robust economics of the project, sending shares in the company higher in early trade.

Scotgold said the study showed the economics of the project are strong, with a low average operating cost. The study estimated average annual gold production from the site would be 23,370 ounces equivalent, with peak production to hit 28,540 ounces.

Completion of the study will allow Scotgold to work on securing its preferred financing route for the project and the signing of a financing deal is set to follow in the near future, it said.

"The study illustrates the robustness of the Cononish Project with the mine profitable down to USD700 per ounce and provides a very solid base for our ongoing discussions with potential project finance providers," said Richard Gray, Scotgold's chief executive.

Scotgold shares were up 4.7% to 0.7849 pence on the news.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

More News

Scotgold Resources Appoints Sky Betting Boss Ian Proctor As Non-Exec

(Alliance News) - Scotgold Resources Ltd said Thursday it has appointed Ian Proctor as a non-executive director at the Scotland-focused gold mining firm with immediate effect.Proctor is the

15 Aug 19 12:15

Scotgold upbeat on recent testing at Cononish and Grampian

(Sharecast News) - Scotgold updated the market on its exploration activities on the Cononish Project and Grampian Project in Scotland on Monday, reporting that new zones of interest had been identified for possible extensions to the Cononish orebody.

1 Apr 19 14:48

Scotgold Resources Agrees Further Loan To Support Cononish Development

LONDON (Alliance News) - Scotgold Resources Ltd on Tuesday said it has agreed a GBP1 million increase to its loan with Bridge Barn Ltd, a company owned and controlled by Scotgold Chair Nathaniel a

26 Feb 19 14:42

National Park Authority gives Scotgold the go-ahead at Cononish

(Sharecast News) - Scotgold Resources has received confirmation from the Loch Lomond and the Trossachs National Park Planning Authority (NPA) that all of the 19 pre-start conditions and other obligations, relating its planning application '2017/0254/MIN', had now been discharged, it announced on Wednesday.

19 Dec 18 11:26

UK Shareholder Meetings Calendar - Next 7 Days

Wednesday 21 NovemberSCS GroupFinsbury Food GroupThursday 22 ThorpeJPMorgan

20 Nov 18 16:07

DIRECTOR DEALINGS: Scotgold Non-Exec Chairman Buys GBP17,600 In Shares

LONDON (Alliance News) - Scotgold Resources Ltd said Monday that Non-Executive Chairman Nathaniel le Roux bought 55,000 shares in the company in two transactions.Last Tuesday and Wednesday,

5 Nov 18 14:29

DIRECTOR DEALINGS: Scotgold Resources Chairman Buys Shares

LONDON (Alliance News) - Scotgold Resources Ltd said that Chairman Nathaniel le Roux purchased 50,000 shares at a price of 27.5 pence per share on Tuesday.Following this transaction, Le now

26 Oct 18 15:59

DIRECTOR DEALINGS: Scotgold Resources Chairman Buys 50,000 Shares

LONDON (Alliance News) - Scotgold Resources Ltd said Monday that Non-Executive Chairman Nathaniel Le Roux bought 50,000 in the company.Le Roux acquired the shares at 27 pence each in a deal

22 Oct 18 16:59

DIRECTOR DEALINGS: Scotgold Resources Chairman Buys 50,000 Shares

LONDON (Alliance News) - Scotgold Resources Ltd said Monday that Non-Executive Chairman Nathaniel Le Roux bought 50,000 in the company.Le Roux acquired the shares at 25 pence each in a deal

22 Oct 18 13:20

Scotgold Submits Planning Application For Cononish, Closes French Unit

LONDON (Alliance News) - Scotgold Resources Ltd on Thursday said it submitted the last application to secure planning permits for Cononish gold & silver project in Scotland and has decided to

18 Oct 18 13:16

Scotgold Funds Grampian Exploration Via Director Share Subscription (ALLISS)

LONDON (Alliance News) - Scotgold Resources Ltd on Tuesday said it has raised GBP750,000 through a direct share subscription by Non-Executive Director William Styslinger and close associate Jane a

9 Oct 18 09:42

Scotgold Resources Renegotiates Bridge Barn Loan Terms

LONDON (Alliance News) - Scotgold Resources Ltd on Tuesday said it renegotiated the terms of its GBP5.0 million loan from Bridge Barn Ltd.Bridge Barn is owned by Scotgold Chairman and Le at

2 Oct 18 16:46

Scotgold Resources Annual Pretax Loss Widens As Costs Increase

LONDON (Alliance News) - Scotgold Resources Ltd said on Thursday its full year loss widened on higher administrative and interest costs as the company continued to advance its Scottish gold and as

27 Sep 18 13:30

Scotgold sees 'significant advancement' in Loch Lomond mine permitting

(Sharecast News) - Scotgold Resources on Monday told investors that despite delays, "significant advancement" has been made in the permitting process of its Cononish Gold and Silver Mine, near Loch Lomond in Scotland.

13 Aug 18 16:39

Scotgold Resources Makes Significant Progress For Cononish Mine Permit

LONDON (Alliance News) - Scotgold Resources Ltd said Monday it has made "significant advancement" in the permitting process for its Cononish gold and silver mine, central company said to

13 Aug 18 14:54

Login to your account

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