Cornwall Resources Ltd has received a positive updated mining scoping study and financial assessment on its planned tin-tungsten Redmoor project in the south east of Cornwall. MINE LIFE The company, 100% owned by Strategic Minerals, commissioned mining consultants Wardell Armstrong International for the report. Results showed the project now has an initial rate of return […]
Day: 15 November 2024
Premier Oil planned deal with Chrysaor clears $2.7bn debt
Premier Oil is to be sold to Chrysaor in a reverse takeover which would solve the independent UK upstream company’s existing $2.7bn debt. The new company would have a combined production of over 250 kboepd (30 June 2020), combined 2020 H1 revenue of $1.76bn and H1 EBITDAX of $1.27bn, and operating costs of $10.5/boe in […]