Cornish Metals Inc said that Cornish Lithium Ltd had extended its option for a further 12 months to explore the company’s mineral rights for minerals-in-brine in Cornwall. TERMS In January 2017, the Canadian company granted Cornish Lithium an option to explore for minerals in brine and geothermal waters on its mineral rights in the county. […]
Month: November 2024
Galantas to start gold production at end of Q1 at Cavanacaw
Galantas Gold Corporation said it expected to start production at the end of Q1 2022 at its gold mine in Cavanacaw, Omagh, Northern Ireland. GUIDANCE The Canadian company is targeting 9,000 ounces of gold in concentrate produced at an average head grade of 5.50 g/t at an all in sustaining cost (AISC) of US$1,150 per […]
IOG halts Southwark drilling to relocate rig
IOG plc said it had temporarily relocated the Noble Hans Deul rig, halting the Southwark well drill programme, to allow seabed remediation work. CONDITIONS The development well in Southern North Sea spud in December. IOG today said that the Noble Hans Deul rig had experienced “an increasing challenge with seabed conditions which would compromise rig […]
IGas appoints Chris Hopkinson as independent NED
IGas Energy plc has appointed Chris Hopkinson as independent non-executive director with immediate effect. The company said that he would take over the role of non-executive chairman from Cuth McDowell in due course. Mr Hopkinson will be a member of the audit, nominations and remuneration committees. He is currently non-executive chairman of oil and gas […]
IGas Energy interim chairman Cuth McDowell to retire
IGas Energy plc announced that non-executive director and current interim non-executive chairman Cuth McDowell is to retire. Mr McDowell notified the board of his intention to step down later this year after 10 years’ service.
Oriole sampling results extend Bakassi Zone 1 at Bibemi
Oriole Resources plc said that recent results from a completed soil sampling programme showed continuity of a gold system at its 90% owned Bibemi project in Cameroon. PROGRAMME Soil sampling was completed for 1,455 samples over the southern half of Bibemi, extending and infilling historical regional sampling grids. Results have returned up to 271 ppb […]