Metals & Minerals News

Banks debates next step after refusal for Dewley Hill coal mine

Banks Mining is considering its next move after its plans were refused for an open cast coal mine over 250 agricultural acres at Dewley Hill, near Throckley on the border of Newcastle and Northumberland. Newcastle City Council unanimously refused permission at a planning committee meeting last Friday (18 December). The company described the decision as a […]

Legal Metals & Minerals News

Red Rock steps into Adidi-Kanga gold dispute

Red Rock Resources plc has entered into two deed agreements following a dispute involving Vector Resources Ltd (VEC) which holds 60% of the Adidi-Kanga gold project in the Democratic Republic of Congo. ARBITRATION Chairman Andrew Bell said that the company was “well positioned” to play a constructive role given its familiarity with VEC, which has […]

Metals & Minerals News

Red Rock marks record production at Tshipi

Red Rock Resources plc announced record production during October at its manganese-iron ore interests in Jupiter Mines Ltd in Northern Cape, South Africa. FINANCES Cash generated from operations at Tshipi Borwa mine during the third quarter was reported at AU$ 42.1m. Average FOB cost of production fell from Q2 to Q3 by approximately 15%. Cash […]

News Oil & Gas

UKOG to appeal against Loxley gas appraisal refusal

UK Oil & Gas plc (UKOG) will appeal against Surrey County Council’s decision to refuse planning permission for its Loxley-1 gas appraisal project near Dunsfold. The council issued a decision notice on Tuesday (15 December 2020) following the planning committee’s refusal in November over concerns of highway safety and the impact on landscape. bit.ly/2WsmeOP UKOG […]

News Oil & Gas

Hurricane to open debate on Lancaster’s future

Hurricane Energy plc said it planned to discuss with shareholders the funding and development of the Lancaster oil field, West of Shetland. DEVELOPMENT COSTS Ahead of a decision, Hurricane will focus on a new production well in 2021 in the central attic high of the Lancaster field, by re-entering and side-tracking the existing 205/21a-7z well. […]

Metals & Minerals News

Alba surface trenching reveals significant quartz vein

Alba Mineral Resources plc said it had found a significant 2.1-metre wide quartz vein at the end of the first phase of its surface trenching programme at Dolgellau gold exploration project in North Wales. The metals and minerals mining company has been conducting surface trenching over one of ten separate target areas. A total eight […]