Metals & Minerals News

Kavango extends deadline for Molopo acquisition

Kavango Resources plc announced an extension to the exclusive three-month option to acquire 85.23% of Kalahari Key Mineral Exploration Pty Ltd (KKME) in Botswana. DATE KKME is a private company, which currently owns 100% of prospecting licences PL310/2016, PL311/2016 and PL202/2018 known as the Molopo Farms project. The exploration project is focused on nickel, copper […]

Metals & Minerals News

British Lithium hosts visit from business secretary

British Lithium Ltd received a visit today from the Business Secretary to the company’s pilot plant near Roche in Cornwall. LITHIUM CARBONATE Secretary of State at the Department of Business, Energy and Industrial Strategy, Kwasi Kwarteng MP, met key members of the team and toured the plant. He also saw some of the lithium carbonate […]

Metals & Minerals News

Horizonte chooses furnace supplier and begins early works at Araguaia

Horizonte Minerals plc announced it had chosen Hatch Ltd to supply the furnace and started early works for the Araguaia ferronickel project in Brazil. PROGRAMME The company expects to begin site ground-breaking and main earthworks at the beginning of the dry season in early Q2. Chief executive Jeremy Martin said that the team was also […]

Metals & Minerals News

Caerus receives encouraging assays for copper-gold JV in Troulli

Caerus Mineral Resources plc and its joint venture (JV) partner Bezant Resources plc said they had received encouraging assays from dump sampling and drilling at Troulli, Kokkinapetra and Anglisides in Cyprus. TROULLI The company reported that stockpile sampling returned a consistent average copper grade of 1.2% Cu over more than 639 metres of trenching with sections […]

News Oil & Gas

Block reports operations unaffected by ‘geopolitical tensions’

Block Energy plc reported stable production from well JKT-01Z, with operations at West Rustavi in Georgia unaffected by “wider geopolitical tensions”. PRODUCTION The company said that production was at a current rate of 310 boepd, comprising 182 bopd and 21,800 m3 (128 boe) of gas per day. “It is encouraging to note, after over a month of […]