viewScotgold Resources Limited

Scotgold’s financials show construction finance in place for completion of Cononish mine

Scotgold will be producing premium-rated Scottish gold very soon

Scotgold Resources Limited -
On site at Cononish

Scotgold’s financials show construction finance in place for completion of the Cononish mine

Scotgold Resources Ltd (LON:SGZ) closed out the year to 30 June 2019 with just under US$4mln cash in the bank.

The picture is likely to have been transformed in the months subsequent, however, as the company moves full steam ahead to bring the Cononish mine in Scotland into production within a matter of months.

During the year to 30 June, the company put in place the final piece of the puzzle for Cononish, including construction finance and debt, and although there have been a couple of glitches along the way, construction is now well advanced.

Meanwhile, regional exploration efforts are also being stepped up.

Quick facts: Scotgold Resources Limited

Price: 42.5 GBX

Market: AIM
Market Cap: £21.82 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Scotgold Resources Limited named herein, including the promotion by the Company of Scotgold Resources Limited in any Content on the Site, the...



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