The UK’s onshore oil and gas industry body has urged shale gas to be included in the Government’s homegrown energy security strategy announced today. BOWLAND SHALE The announcement of the strategy follows yesterday’s news that the Government had commissioned the British Geological Survey (BGS) to conduct a scientific review on shale gas extraction. Charles McAllister, […]
Day: 15 November 2024
CAML reports strong Q1 at Kounrad and Sasa
Central Asia Metals plc said it was on course to meet its full-year production guidance at its copper recovery plant in Kazakhstan and zinc-lead mine in North Macedonia. KOUNRAD Chief executive Nigel Robinson said the company had recorded a strong performance during Q1 at Kounrad in Kazakhstan. Central Asia Metals’ copper production at the dump […]
Caerus notes initial 4.9Mt hard rock MRE at Troulli
Caerus Mineral Resources plc reported total hard rock resource estimate of 4.9 million tonnes at its joint venture copper-gold project with Bezant Resources plc in Troulli, Cyprus. DATA The input databases for the waste dumps and hard rock estimates included: – 72 diamond and open hole percussion drillholes, totalling 3,393.30 metres and 208 trench channels for 692.17m. […]
Scotgold signs £3m loan with Fern Wealth
Scotgold Resources Ltd said it had entered into an agreement with Fern Wealth GmbH for up to £3 million to advance the Cononish gold-silver mine near Tyndrum in Scotland. FERN WEALTH The company added that the loan would be from a syndicate of high net worth investors. Fern Wealth is a wealth management company based […]
United nears closing sale of Selva interest
United Oil & Gas plc has received approval from authorities in Italy to transfer ownership of the company’s Italian assets to Prospex Energy plc. SPA UOG Italia Srl holds a 20% non-operated interest in the Podere Gallina licence, which contains the Selva gas development project. In August 2021, United signed a conditional sales and purchase […]