Metals & Minerals News

Cora Gold review improves results from Dako II drill

Cora Gold Ltd reported improved results from the re-analysis of samples from drilling at Dako II permit in southern Mali. The junior miner conducting drilling during the final quarter of 2020 at the site contiguous with the company’s flagship Sanankoro gold project. The first-pass screening 50g fire assay results set out in an announcement on […]

Metals & Minerals News

Kanye SJV to add more Cu-Ag licences at South Ghanzi

Kavango Resources plc and strategic joint venture (SJV) partner Power Metal Resources plc have signed conditional agreements to acquire a 100% interest in eight licences in the Kalahari Copper Belt (KCB). The move follows the 50-50 SJV’s creation of two new companies; Kanye Resources (Pty) Ltd (Kanye Botswana) which is wholly owned by Kanye Resources […]

Finance News Oil & Gas

Helium One quickens pace with £6.5 million cash

Helium One Global Ltd recorded a significant increase in cash for its Rukwa exploration and development project in Tanzania. In its unaudited interim results for the six months ended 31 December 2020, the company reported a net cash balance of $6,584,886 compared with $577,997 for the same period in 2019. An oversubscribed fundraise resulted in […]

News Oil & Gas

Deltic-Shell to drill Pensacola gas prospect

Deltic Energy plc and joint venture partner Shell UK Ltd have decided to begin drilling in May on the Pensacola prospect in the UK southern North Sea (SNS). TECHNICAL The company said that the investment decision could transform the company and was a “vital step” in evaluating the Zechstein Reef play which in turn could […]