Metals & Minerals News

Hummingbird gold output rises as bank debt falls

Hummingbird Resources plc reported an increase in gold production and a stronger balance sheet but a rise in costs in its third quarter results posted today. The gold exploration company operating in Guinea, Liberia and Mali in West Africa announced gold production rose to 24,722 oz of gold poured (Q2 2020: 24,054 oz) on an […]

News Oil & Gas

Europa expects Inezgane to live up to its promise

Europa Oil & Gas (Holdings) said it hoped to build on initial encouraging results from the Inezgane licence near Agadir, Morocco after the company was granted a one-year extension to its permit. The hydrocarbon exploration, development and production company has so far mapped up to 10 billion barrels of unrisked oil resources. Morocco’s National Office […]