Mining Review 9th July 2023

Mining Review 9th July 2023

Another lacklustre week, for want of a better adjective, there’s simply no excitement in the junior mining sector at the moment.

Scotgold was the subject of a reprimand to the BBC after it was described in an interview as having dicovered a new vein, when in fact they hadn’t.  Continue reading

Scotgold Plummets After Market Update

Scotgold (ASX / AIM: SCZ)

Scotgold shares plummeted over 63% today after a disastrous market update, where the company highlighted production problems and a lack of cash.

This comes a month or so after a recent placing, and the obvious question is what did they know before they raised the funds?  Investors who paid 40p per share cannot be happy.  Continue reading