Serica Energy plc has appointed Richard Rose to the board as a non-executive director with immediate effect. Mr Rose initially worked for Ernst & Young where he qualified as a Chartered Accountant before joining HSBC Investment Bank in the corporate finance division. In 2002, he joined Oriel Securities, becoming a partner in equity research and […]
Month: November 2024
FCM extends flagship Hemlo North gold-base metal project
First Class Metals Ltd (FCM) has expanded its flagship Hemlo North gold-base metal project and begun a key technical study in the Hemlo – Harte region, Ontario. TRENDS The company staked a further 15 new mining cell claims contiguous to the existing project, expanding the asset by 3.7% to 86.62km2. Telluris Consulting will conduct a […]
Power Metal more than doubles uranium assets
Power Metal Resources plc said it was looking for more international uranium properties after more than doubling its land package within the Athabasca Basin in northern Saskatchewan, Canada. PROPERTIES Earlier in September, the company acquired its first uranium properties of Clearwater, Tait Hill and Soaring Bay which have all been expanded. Power Metal’s uranium portfolio now also includes […]
Power Metal encounters nickel enrichment at Molopo
Power Metal Resources plc said it had encountered nickel enrichment at Molopo Farms Complex nickel-copper-platinum group element (PGE) project in southwest Botswana. ASSAYS The results are from further assays received for hole KKME 1-6, the second of three holes at the project. Nickel enrichment was encountered throughout the entire 7m interval assayed as part of the batch, […]
Angus reinterprets Lidsey field with new data
Angus Energy plc said it would use new seismic data to reinterpret and remap Lidsey oil field near Bognor Regis, West Sussex. COMPLETE PICTURE Previous seismic mapping failed to define the reservoir accurately, prompting the company to link the newly acquired data to existing seismic lines across the structure in the vicinity of the two […]
Scirocco JV awards seismic contract for Ruvuma
Scirocco Energy plc said that the seismic acquisition contract has been awarded for the 3,447km2 Ruvuma joint venture (JV) in southeast Tanzania. AGREEMENT JV partner ARA Petroleum Tanzania Limited (APT) awarded the contract to Africa Geophysical Services Ltd (AGS) for the seismic programme. Scirocco holds a 25% working interest in the Ruvuma petroleum sharing agreement […]