Oriole Resources plc’s joint venture partner has restarted drilling at the Senala gold project in Senegal. PROGRAMME As part of its Year 4 earn-in, IAMGOLD Corporation has completed four holes for 401m at the Madina Bafé prospect to test the main northeast trending corridor. The Canadian company has refocused the remainder of its Year 4 budget towards […]
Day: 15 November 2024
Neptune JV completes Seagull manifold installation
Neptune Energy and its joint venture partners, bp and JAPEX, have completed the installation of the manifold and umbilical for the Seagull project in the Central North Sea. ACTIVITIES TechnipFMC undertook the work programme from the CSV Deep Star vessel. Activities included the installation of the 350te Seagull manifold, the pull-in and installation of the […]
Cornish Lithium to receive up to £18m from TechMet
Cornish Lithium Ltd is to receive up to £18 million from technology metals investment company TechMet Ltd. TERMS The investment, subject to shareholder approval, will be in two tranches raising up to £18m at a weighted average subscription price of 16.12 pence per share. Tranche one sees the South African investor subscribe for £9m new […]
Investor nominee Simon Gardner-Bond joins Cornish Lithium board
Cornish Lithium announced that Simon Gardner-Bond will join the board as nominee of South African investment company TechMet. Mr Gardner-Bond is TechMet’s chief technical officer and has a 20-year career as a geologist and mining analyst. He was senior metals and mining analyst at Investec Asset Management, helping to manage multi-billion dollar funds focused on […]
Serica Energy achieves first gas from Columbus
Serica Energy plc announced it had achieved first gas production on its Columbus field in the Central North Sea. SHEARWATER The operating company said that hydrocarbons from the C1z development well started flowing into the Arran subsea system yesterday (24 November). The comingled Arran and Columbus production streams are being exported to the Shearwater platform […]