Kavango Resources plc said it had identified 30km strike length of distinct magnetic Proterozoic gabbro at the Kalahari Suture Zone (KSZ) project in Botswana. REVISED MODEL The company added that the 30km strike length was now a high priority exploration target for the detection of possible large-scale nickel-copper-platinum group element (Ni-Cu-PGE) mineralisation. Strategic partner Spectral […]
Month: November 2024
Altus to sell Moroccan copper-silver subsidiary to Eastinco
Altus Strategies plc said it is to sell its 100% owned Moroccan-focused copper-silver exploration subsidiary Aterian Resources Ltd to Eastinco Mining and Exploration plc. METALS Aterian is advancing assets of 15 primarily copper and silver exploration projects. Eastinco has a portfolio of tantalum exploration and development projects in Rwanda. TERMS Altus said yesterday it had […]
Power Metal completes acquisition of FDR
Power Metal Resources plc said it had completed its 100% acquisition of First Development Resources Pty Ltd (FDR) which holds gold-copper interests in the Paterson Region of Western Australia. ACQUISITION The Paterson interests are held by First Development Resources Limited (FDR) which now has a 100% interest in local Australian operating company First Development Resources Pty Ltd (FDR Australia). Power Metal has an […]
Neptune to drill three more Norwegian Sea wells
Neptune Energy announced it had extended a contract for Odfjell Drilling’s Deepsea Yantai drilling rig, to include three additional wells in 2022 in the Norwegian North Sea. FENJA The company said that the Deepsea Yantai was currently drilling the production wells at the Neptune-operated Fenja field in the Norwegian Sea. The extension will include one […]
Alba notes substantial precious and base metals results in Dolgellau
Alba Mineral Resources plc said it had a suite of substantial precious and base metal results from its field exploration in the Dolgellau gold field (DGF), Wales. DOLGELLAU Alba has conducted further exploration across a number of high-priority regional targets in the DGF. The company said that multi-commodity mineralisation had been confirmed from sampling at […]
JOG appoints Richard Smith as COO
Jersey Oil & Gas plc (JOG) has appointed Richard Smith as chief commercial officer. Mr Smith has more than 20 years’ experience in the oil and gas industry and wider energy sector. He has held various senior business development, commercial, corporate finance and strategy positions. Mr Smith was previously corporate development director at Ithaca Energy, […]