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Full interview: Scotgold Resources to generate on average £1mln per month when in production

Scotgold Resources Ltd (LON:SGZ) chief executive Richard Gray tells Proactive London they’re entering an active period on site at the Cononish mine with production now less than six months away.

He says they’re currently developing and enlarging the existing adit so they can get the mechanised equipment in and are also working on the buildings for the machinery

First ore will be mined at the end of this year, and a small stockpile will be built up before the first gold comes out in February.

Quick facts: Scotgold Resources Limited

Price: 65 GBX

Market: AIM
Market Cap: £33.38 m

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Full interview: Scotgold Resources restructures its Grampian mining permits

Scotgold Resources Limited's (LON:SGZ) Richard Gray speaks to Proactive London's Andrew Scott following the news they've restructured their mining permits in the Grampian region of Scotland. The amount of land covered by the permits reduces to about 2,900sq km from 4,000sq km but Gray says...

on 28/10/19

2 min read