IOG plc said it had overcome mechanical issues to record a successful flow test at the Elgood gas development well 48/22c-7 in the UK North Sea. The company took longer than expected before intersecting 1,080 ft high-quality Permian Leman Sandstone reservoir along hole between 14,290 ft measured depth (MD) and 15,370 ft MD, with a […]
Month: November 2024
Horizonte further derisks Araguaia for ESG compliance
Horizonte Minerals plc has further de-risked its 100% Araguaia ferronickel project to ensure compliance with Equator Principles (IV) and International Fianance Corporation Performance Standards. Examples of work started include the resettlement action plan, social communication programme, safety improvements for school communities along the PA-449 highway and the Local Development Agenda programme. Horizonte’s environmental and social […]
Horizonte on course for construction at Araguaia
Horizonte Minerals plc said it had made significant progress ahead of construction at its Araguaia ferronickel project in Brazil. The company has conducted competitive tendering for the supply of approximately US$230 million of key processing equipment and project management (EPCM) services. These include crushers, conveyors, electrical, dryer, kiln, dust collection and refinery;electric furnace and calcine […]
Power Metal signs earn-in options for Quebec lithium
Power Metal Resources plc has signed an earn-in agreement with the option to acquire a 100% interest in two lithium pegmatite exploration properties in Quebec, Canada. TERMS The company may earn in to a 100% interest of Authier North and Duval East in the prolific Val d’Or mining camp 45km northwest of the city and […]
British Lithium applies for patents to aid clean extraction
British Lithium Ltd has applied for two further patents, taking the total to three in less than three months, to help protect the environment during its operations in Cornwall. “The latest applications are part of an innovative hydro-metallurgical process that uses salt, rather than acid, to extract lithium, the key ingredient in making electric vehicle […]
Further positive results for Cora Gold at Sanankoro
Cora Gold Ltd announced the seventh set of drill results from its largest ever drilling campaign at the Sanankoro gold project in Southern Mali. The 35,000m programme is due to finish in the near future after which the company is expected to revise the mineral resource estimate. Today’s figures follow last week’s world class intersection […]