West Cumbria Mining (WCM)’s plans for a coking coal mine look likely to have the final decision made by a new government minister. CABINET RESHUFFLE The Secretary of State for housing, communities and local government is responsible for making the final decision on the company’s proposals. This follows the move by the previous incumbent Robert […]
Day: 15 November 2024
Power Metal enters uranium exploration
Power Metal Resources plc has staked claims for four 100% owned uranium exploration properties comprising seven licences surrounding the Athabasca Basin in Saskatchewan, Canada. PROPERTIES Power Metal said it had quickly secured a strategic position in uranium exploration following recent increased interest in the sector. The properties include Clearwater; Tait Hill; Thibaut Lake; and Soaring Bay […]
CAML records strong results for Kounrad and Sasa
Central Asia Metals plc announced improved results driven by high commodity prices for the first six months the year from its operations in Macedonia and Kazakhstan. FINANCES Central Asia Metals owns 100% of the Kounrad SX-EW copper project in central Kazakhstan and the Sasa zinc-lead mine in North Macedonia. In its unaudited interim results ended 30 June […]
Tullow Oil chief executive officer Les Wood to leave
Tullow Oil plc has announced that its chief financial officer (CFO) and executive director Les Wood has mutually agreed with the board that he will leave the company. Mr Wood will remain CFO and an executive director of Tullow throughout the current reporting cycle. He is expected to leave the group at the end of […]