Condor Gold (CNR)

Sector:

Mining

Index:

FTSE AIM All-Share

 25.25p
   
  • Change Today:
      0.000p
  • 52 Week High: 34.50
  • 52 Week Low: 14.00
  • Currency: UK Pounds
  • Shares Issued: 199.87m
  • Volume: 133,086
  • Market Cap: £50.47m
  • RiskGrade: 301

Condor Gold begins site preparation at Mina La India

By Josh White

Date: Wednesday 16 Dec 2020

LONDON (ShareCast) - (Sharecast News) - Condor Gold has begun initial site preparation at the location of the processing plant facility at Mina La India in Nicaragua, it announced on Wednesday.
The AIM-traded firm said that included the main plant access road from a regional paved highway to the processing plant, in-plant roads, and a bypass road.

All key areas for the plant layout, from the stockpile area to the crushing and grinding machinery, to the leach tanks, a laydown area and a warehouse, would be cleared.

It said the total area being cleared was 11.26 hectares, which was expected to be completed in three to four months.

The company said it had purchased all of the land to proceed with construction in the area, and added that clearing activities would replace trees on a 10-to-1 basis, supported by Condor's tree nursery, which had around 7,000 trees.

"The initiation of site preparation at Mina La India marks a significant landmark in the company's development as it transitions from a gold exploration and development company to a gold producer," said chairman and chief executive officer Mark Child.

"Two viewing platforms over the plant area have already been constructed, [and] 25 geotechnical test pits have been completed to aid with the design of the plant layout.

"The focus of the initial site preparation is clearing 11.26 hectares of scrub and trees which will host the key areas of the plant from the stockpile area to the comminution circuit, a laydown area, warehouses, main access road and internal roads."

At 1149 GMT, shares in Condor Gold were up 2.11% at 48.5p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Condor Gold Market Data

Currency UK Pounds
Share Price 25.25p
Change Today 0.000p
% Change 0.00 %
52 Week High 34.50
52 Week Low 14.00
Volume 133,086
Shares Issued 199.87m
Market Cap £50.47m
RiskGrade 301

Condor Gold Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
16.98% above the market average16.98% above the market average16.98% above the market average16.98% above the market average16.98% above the market average
2.29% above the sector average2.29% above the sector average2.29% above the sector average2.29% above the sector average2.29% above the sector average
Price Trend
36.80% above the market average36.80% above the market average36.80% above the market average36.80% above the market average36.80% above the market average
69.23% above the sector average69.23% above the sector average69.23% above the sector average69.23% above the sector average69.23% above the sector average
Income Not Available
Growth Not Available

Condor Gold Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
14:01 100 @ 25.03p
13:10 1,120 @ 25.01p
10:17 6,665 @ 25.20p
10:09 223 @ 25.00p
09:57 122 @ 25.00p

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