Shale gas company Cuadrilla Bowland Ltd has surrendered its exploration permit for the Bowland Basin in Preston, Lancashire. MORATORIUM The Environment Agency (EA) said today that the company, owned by Australian mining and infrastructure company AJ Lucas, had returned the site to a satisfactory state. The EA added that Cuadrilla had also taken necessary steps […]
Day: 15 November 2024
Hummingbird to miss gold output targets at Yanfolila
Hummingbird Resources plc said it would not meet its lower end of 2020 production guidance at its Yanfolila gold mine in Mali due to extreme rain and the military coup during August. Total ounces poured year to date as at the end of November were approximately 93,000oz but the company had hoped for 110,000 – 125,000oz. […]
Altona appoints Christian Taylor-Wilkinson as CEO
Altona Energy plc announced that Christian Taylor-Wilkinson has been made Altona’s full-time CEO. Mr Taylor-Wilkinson has represented the board as a non-executive director since 1 February 2019 and interim chief executive since 20 March 2020. The company said that for the past 12 months he has been the main driver of its new rare earths […]
Alba intersects potential 550m extension at Clogau
Alba Minerals Resources plc said it had intersected a potential 550-metre extension to the Main Lode containing most of the historic production at Clogau-St David’s gold mine in North Wales. The company believes the extension is in westerly direction the Clogau Main Lode and now plans infill surface and underground drilling for confirmation. FIRST PHASE […]
United aims to exceed production guidance
United Oil & Gas plc announced it expected to exceed the previous guidance of 2,300 boepd when the company starts drilling at its joint venture Abu Sennan licence, onshore Egypt. DRILL CAMPAIGN The company said it had awarded an EDC-50 rig contract with low-cost rig rates linked to oil prices. The rig is due to […]