Metals & Minerals News

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 […]

Metals & Minerals News

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 […]

Company Moves News Oil & Gas

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 […]

Metals & Minerals News

Caerus intersects significant gold-copper mineralisation at Pano Lefkara

Caerus Mineral Resources plc said that due diligence scout drilling had intersected significant gold oxide and copper-gold sulphide mineralisation at shallow depth on the Pano Lefkara licence in Cyprus. DRILL READY Drilling aims to confirm the results derived from historic exploration and ahead of starting a more detailed programme of work. Caerus has defined for […]

Metals & Minerals News

Cora nears new MRE with 11th set of drill results

Cora Gold Ltd is nearing a revised mineral resource estimate as it announced the eleventh set of drill results from its largest ever drilling campaign at its Sanankoro gold project in southern Mali. RESULTS The company is targeting resource growth as well as infill drilling to convert existing inferred resources to the indicated category. SELIN […]

Metals & Minerals News

Power Metal confirms large gold-in-soil anomaly at Tati

Power Metal Resources plc confirmed a large scale gold-in-soil anomaly at the Tati project located in the Tati greenstone belt near Francistown, Botswana.  RESULTS The gold anomaly at the Sikukwe Zone was confirmed following laboratory assay testing results of soil and rock samples collected during the company’s Phase I exploration programme. The second batch of samples, including […]