Government approval for West Cumbria Mining (WCM)’s plans for a deep coal mine under the seabed off the Cumbrian coast could affect the UK’s legally binding carbon budgets. COP26 Climate change committee (CCC) chairman Lord Debden raised the concerns following government secretary Robert Jenrick’s decision in early January 2021 not to call in, or review, […]
Month: November 2024
Hummingbird holds more cash and less debt for 2021
Hummingbird Resources plc announced it had a stronger cash position but poured less gold during the final quarter of 2020 from its operations in West Africa. The company faced problems last year including a military coup in Mali, extreme rain as well as the pandemic. bit.ly/2O77UKV It has forecast production for 2021 to be during […]
Predator considers CO2 sequestration in Ireland
Predator Oil & Gas Holdings plc said its pioneering CO2 sequestration operations in Trinidad could also be used in Ireland. The chief executive’s words came as Predator welcomed yesterday’s renewed commitment by the Irish Government to honour existing licences for oil and gas. The Jersey-based hydrocarbon company has operations in Ireland, Trinidad and Morocco. It […]
Oriole acquires new Cameroon gold licences
Oriole Resources plc said it had expanded its Cameroon portfolio with five new gold licences and a further three granted to its partner. The five licences (Tenekou, Niambaran, Pokor, Ndom and Mbe) in Central Cameroon are located to the west of the regional capital, Ngaoundéré. They were granted through the company’s 90%-owned subsidiary Oriole Cameroon SARL. […]
Alba to drill new vein system at Clogau gold mine
Alba Mineral Resources plc said it planned to conduct an underground drilling programme in a newly identified vein system at Clogau-St David’s mine in North Wales. Six drill holes, LL001-LL006, have been completed for 724 metres in total including and holes LL004-006 have been completed for a further 324.5 metres. LL005 intersected the projected vein […]
Power Metal receives £125,450 in warrant exercise
Power Metal Resources plc said it had received subscription monies of £125,450 following notices to exercise warrants over 13,295,000 new ordinary shares of 0.1 pence each in the company (warrant shares). The warrant shares are being issued pursuant to the exercise of 10,795,000 warrants at an exercise price of 1.0 pence per ordinary share of 0.1 […]