ALBA SE

AlbaCo Limited has been granted a conditional authorisation as a deposit-taking institution in the UK by the PRA and the FCA, subject to the company proving minimum capital of £25 million. Caledonian Holdings plc holds 1,000,000 ordinary shares (3.65%) in AlbaCo; Jim McColl described the approval as a milestone. The authorisation follows five years of preparation by AlbaCo and its advisers. » Más en de.investing.com

Alba Mineral Resources has finished the 2025 field programme at the Motzfeldt project in southern Greenland, achieving all key exploration targets; sampling, radiometric surveys and drone mapping were carried out. The company is starting mineralogical and metallurgical tests on a 2.5‑t bulk sample and is in talks with authorities about potential funding; in Wales, remediation conditions set by the UK mining regulator are delaying further blasts at the Clogau gold mine. » Más en de.investing.com

Alba Mineral Resources is planning the next phase of underground blasting at the Clogau-St David’s gold mine in North Wales for the end of July 2025, after a delay caused by the availability of the main blasting contractor. The company is making extensive preparations for the blasting program, continues to process ore stockpiles, and plans to produce limited edition gold pendants from the extracted gold. Alba fully owns the mine, further expanding its portfolio of mining projects in Wales. » Más en de.investing.com