Block Energy plc announced that at today’s general meeting two resolutions concerning board changes proposed by Forest Nominees Ltd on behalf of G.P. (Jersey) Ltd were rejected by shareholders. “The board is pleased with the overall level of support it has received in relation to the resolutions put to the meeting,” said the Goergia-focused oil […]
Month: November 2024
Red Rock starts drilling at Mikei gold project, Kenya
Red Rock Resources plc has started a 2,000m reverse circulation drill programme while continuing exploration and surveys in its 100% owned Mikei gold project (MGP), in the Migori greenstone belt, Kenya. OPERATIONS Drilling follows receipt of necessary permits and targets the Central Kakula-Kalange-Munyu gold prospect in the centre of the MGP. The company also continues […]
Alba intersects significant graphite layers at Amitsoq
Alba Mineral Resources plc said its completed first drilling campaign had intersected “significant” graphite layers at the Amitsoq graphite project in southern Greenland. THICKNESS The company’s subsidiary Obsidian Mining Ltd completed its planned diamond drill programme at the Amitsoq Island deposit, part of the overall Amitsoq project, to establish an initial mineral resource. A total […]
Prospex to appoint Alasdair Buchanan as NED
Prospex Energy plc intends to appoint Alasdair Buchanan to the board as an independent non-executive director. Mr Buchanan has 40 years’ experience in the upstream oil and gas industry and was most recently global energy director at Lloyds Register and chief operating officer and a director of Senergy Group plc. He was also a non-executive director […]
United to exit Italy with €2m gas assets sale
United Oil & Gas plc has signed a €2.165 million conditional sale of its Selva gas interests in Italy assets to Prospex Energy plc. RESERVES United’s subsidiary holds a 20% non-operated interest in the Podere Gallina licence, containing the gas development project, in the Po Valley region. Prospex will acquire 100% of the subsidiary, effective […]
Tungsten West outlines restyled MPF at Hemerdon
Tungsten West Ltd has revealed further details of its mineral processing facility (MPF) housed in three buildings at the Hemerdon tin-tungsten mine in Plympton, Devon. MODIFICATIONS The company is currently carrying out modifications in the MPF and preparing to install new equipment more suitable for processing ore in readiness for production in 2022. The first […]