Scotgold halts guidance, launches operational review

Mining News Pro - Shares in Scotgold Resources (LON: SQZ) fell more than 18% on Monday after the troubled miner withdrew its full-year guidance as it began a third-party review of its operation on “disappointing” production figures for the first half of 2023.

Day succeeds Gray at Scotgold

Mining News Pro - Scottish gold miner Scotgold CEO Richard Gray will retire as CEO of the company at the end of March and will hand over the reins to investment company Pala Investments head of technical operations Philip Day.

Scotgold shares fall on “teething” issues at Cononish

Mining News Pro - Shares in Scottish miner Scotgold Resources dropped Friday as much as 11%, closing at 85p after it revealed a series of issues impeding its plans to ramp up production at the Cononish mine.

Scotgold pours first gold at Scotland’s only commercial mine

Mining News Pro - Scotgold Resources has poured first gold at its Cononish mine, marking a significant milestone on the asset’s path to becoming Scotland’s first commercial gold and silver operation.

Scotgold expects first gold pour by end of November

Mining News Pro - Scotgold Resources is expecting to pour first gold from its Cononish project by November 30, the company announced on Friday.

Construction activities to resume at Scotgold’s Cononish mine

Mining News Pro - Construction and development activities at Aim-listed Scotgold Resources’ Cononish gold and silver mine, in Scotland, will resume on June 15.

Scotgold readies to open Scotland’s first commercial gold mine

Mining News Pro - Scotgold Resources, the company aiming to open Scotland’s first commercial gold and silver mine in Cononish, is seeking its next big discovery by stepping up sediment and soil sampling programs across the Grampian project, in the Scottish Highlands.

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