Finance Metals & Minerals News

Power Metal receives £295,769 through warrant exercise

Power Metal Resources plc received £295,769 following notices to exercise warrants over 33,787,504 new ordinary shares of 0.1 pence each in the company. The warrant shares are being issued pursuant to the exercise of 16,945,400 warrants per ordinary share of 0.1 pence each. The exercise of 16,842,104 warrants are at an exercise price of 0.75 […]

News Oil & Gas

Hurricane Q4 production in line with expectations

Hurricane Energy plc announced that production for the fourth quarter of 2020 was in line with expectations as the company continues to discuss with stakeholders options for the Lancaster field. TRADING AND OPERATIONS In its unaudited trading and operational report ahead of its results for year ended 31 December 2020, Hurricane’s revenue was $179 million […]

News

Mineral products sector generates £5.8 billion GVA

A total of 400 million tonnes of industrial minerals, aggregates and other manufactured mineral products were produced in the UK during 2018 generating more than £5.8 billion in gross value added. Figures from the Mineral Products Association (MPA) industry also included industry turnover of £16bn and a further £597bn turnover in industries downstream. The association […]

News

Cornish Metals to raise £5m for United Downs project

Cornish Metals Inc has announced it intends to float its shares and raise £5 million for its United Downs copper-tin project in Cornwall. Subject to the funding, Cornish Metals aims to conduct an 8,000 metre drill programme at the site to define the resource potential over more than 1,000m strike length of the main target […]

Finance Metals & Minerals News

Power Metal receives £79,956 through warrant exercise

Power Metal Resources plc received £79,956 following notices to exercise warrants over 7,995,600 new ordinary shares of 0.1 pence each in the company. The warrant shares are being issued pursuant to the exercise of 7,995,600 warrants at an exercise price of 1.0 pence per ordinary share of 0.1 pence each in the company.