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- Scotgold is at risk of falling into administration, the London-listed gold mining company warned on Monday, explaining that it required a significant capital investment to deliver on its mine plan.
www.miningweekly.com/article/scotgold-at-risk-of-going-into-administration-2023-09-11Scotgold at risk of going into administration - Mining Weekly
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Sep 12, 2023 · The owner of Scotland's only commercial gold mine has warned it is at risk of plunging into administration. Scotgold Resources has suspended trading in its shares on the London Stock Exchange and says it needs "significant" funding to allow the firm to continue as a going concern.
- 2 min
Nov 24, 2023 · The owners of Scotland's only goldmine have called in administrators after falling into financial difficulty. Scotgold Resources, which operates the Cononish mine near Tyndrum, announced the...
Sep 11, 2023 · Bosses at Scotgold Resources, which operates the Cononish gold and silver mine near Tyndrum, said the business could be at risk if a new payment plan agreement is not reached with an unsecured creditor.
- Ross Hunter
Nov 8, 2023 · Scotland's only gold mining company is close to going into administration, according to its main creditor. Nat le Roux, who owns a third of shares in Scotgold Resources, announced he is...
Oct 2, 2023 · Scotgold Resources Limited, which owns the Cononish Gold and Silver Mine near Tyndrum, has warned of a “potential administration appointment” after a prospective investor withdrew from talks with the firm. The company has said a significant capital investment is required for the firm.
Sep 11, 2023 · The owner of Scotland's only gold mine has issued a warning about its future and suspended trading in its shares. Scotgold Resources says it needs to raise significant funds to allow the...
Nov 7, 2023 · Scotgold Resources has confirmed that directors are considering the appointment of administrators. On 16 October, the company announced that it was in advanced financing discussions with a strategic investor. However, a stock exchange update explained that this did not result in an investment.
