Power Metal Resources plc has made a further investment in Kalahari Key Mineral Exploration (Pty) Ltd in their nickel sulphide and platinum-group metal (PGM) mineralisation project in Botswana. Kalahari Key holds 100% of the Molopo Farms Complex (MFC) project and Power Metal earns into a 40% interest by funding $500,000 exploration expenditure in 2020. Power […]
Day: 15 November 2024
Altona partner granted three-year Nankoma licence
Rare earth element (REE) mining company Altona Energy plc has taken its projects in East Africa a step further following the granting of a three-year exploration licence. The company said that Leadway Group Ltd, with which it signed a heads of agreement on 21 September, had been awarded a three-year exploration licence for its tenement […]
Banks will not challenge refusal for new coal mine
Banks Mining said it would not challenge the Government’s decision to reject its plans for a surface coal mine in Highthorn, Northumberland but will pursue its proposed Dewley Hill mine, west of Newcastle. The company’s Dewley Hill application is expected to be discussed by the City Council’s planning committee before the end of the 2020. […]
Cuadrilla shale site emits methane equal to 142 LON-NY flights
Cuadrilla plc’s hydraulic fracturing at its shale gas site in Lancashire led to an atmospheric venting of 4.2 tonnes of methane gas in one week, said the British Geological Survey (BGS). The company, now 97% owned by Australian mining firm AJ Lucas, was operating in the Bowland shale (Preston) until the Government introduced a moratorium […]