Miner Sylvania has been served with a summons regarding a claim being brought by Platmin South Africa, a subsidiary of Platmin, declaring that Platmin is a co-owner of the tailings, or, alternatively, the co-owner of the platinum group metals contained in the Lannex Tailings Dam situated on the Farm Grootboom in the District of Lydenburg, South Africa. The claim is the same in nature as a motion put before the High Court by Boynton against Sylvania in 2009, and the firm said it will continue to refute the claims.
Botswana Diamonds has discovered two additional diamonds during the on-going sampling programme on the Libongo palaeoplacer project in Cameroon. One of the diamonds, a 0.25 carat near gem quality stone, was recovered from a stream flowing through the sample area. The second, a 1.3 carat industrial quality diamond, was recovered from the crushed sample. The programme is expected to be completed within weeks, the firm said.
Landore Resources, a Canadian mining explorer, has agreed a subscription of 52.3m new ordinary shares in the company at a price of 5p per subscription share to raise £2.615m before expenses. The proceeds from the subscription will be used to finance working capital, in addition to exploration and drilling expenditures on the nickel deposits at the Junior Lake project in the Province of Ontario, Canada.
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Millions at risk of 'unnecessary' tax bill – how to shield your savingsMillions of Brits could be taxed on their savings interest this year as their savings interest exceeds the personal savings allowance. Are you at risk?
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Savers will have to wait as long as 48 years to build a £1m cash ISA pot if allowance is cutChancellor Rachel Reeves is rumoured to be planning a cut to the cash ISA allowance in the Autumn Budget, making it harder for savers to build wealth. Will you still be able to build a £1 million cash ISA pot?
