Metals & Minerals News

Hummingbird reports first drill results from Dugbe

Hummingbird Resources plc has received the first drill results from its Tuzon deposit at the Dugbe gold project in Liberia. The joint venture comprises Pasofino Gold Ltd which has an earn-in agreement for a 49% stake in the project, with Hummingbird owning 51%. Three of the four holes are ‘step-out’ holes to test the lateral […]

Metals & Minerals News

Chesterfield more than doubles Adeline

Chesterfield Resources plc said it had exercised the right to acquire a further 672 claims to more than double the size of its Adeline copper project in Labrador, Canada. The initial purchase of 129 km2 from mining royalty company Altius Minerals has now been extended to a district-scale 297km2  (29,725 ha), with a total of 1,189 […]

News Oil & Gas

Angus completes further acquisition at Brockham

Angus Energy plc said it had aligned its interests following the acquisition of a further interest in Brockham oil field. The company completed its purchase of a 5% interest from Alba Mineral Resources plc. Alba paid £32,000 plus VAT to Angus in settlement of certain back costs and a contribution towards eventual abandonment costs. This was […]

News Oil & Gas

Hurricane Energy restarts P6 well

Hurricane Energy plc has progressed work on the Lancaster 205/21a-6 (P6) and the 205/26b-14 (Lincoln-14) wells, West of Shetland. COSTS The company said it had restarted the electric submersible pump (ESP), which tripped on 8 June, in the Lancaster 205/21a-6 (P6) oil well. The company expects oil production from the P6 well at a rate […]