Metals & Minerals News

RRAL applies for additional licence in Victoria gold fields

Red Rock Resources plc and Power Metal Resources plc have applied for an additional licence that forms a close inner circle around the Ballarat mine in the Victoria gold fields, Australia. LICENCES The licence area covers 148km2 (EL007540)) and is surrounded by existing applications from the joint venture partners under Red Rock Australasia Pty Ltd […]

Metals & Minerals News

Galantas starts new review of Cavanacaw

Galantas Gold Corporation announced it was conducting a new technical review of exploration work, including a proposed core drilling programme, at Cavanacaw mine in Omagh, Northern Ireland. The Canadian company has said its licensed area holds more than three million ounces of gold which is wants to “aggressively explore”. Galantas said that the exploration report […]

News Oil & Gas

Angus buys new equipment to reconnect Saltfleetby gas

Angus Energy has invested in new equipment to reconnect the Saltfleetby Gas Field in Lincolnshire to the national gas transmission network. Key Facts Energy reported that the hydrocarbon company has entered into agreements for a full fiscal metering and gas analysis system, two Caterpillar gas driven engine system, two Ariel Compressor Units, one of the […]

Metals & Minerals News

Calls for more data and no tax rises for miners in Kazakhstan

Central Asia Metals plc (CAM), which has copper interests in Kazakhstan, urged the government to encourage further investment by retaining low taxes. Chief executive Nigel Robinson was speaking at the Mining and Resources Deep Dive session at the virtual Kazakhstan Global Investment Forum during October. Mr Robinson said that while CAM had been successful in […]

News Oil & Gas

IOG to drill for southern North Sea gas in Q1

Independent Oil and Gas plc (IOG) said it was due to start drilling for gas in the Southern North Sea during the first quarter of 2021 and produce first gas during Q3. Today’s news comes as IOG, operator of its joint venture with CalEnergy Resources (UK) Ltd, awarded the rig contract for its core project […]