Metals & Minerals News

Power Metal granted Cherished Hope licence

Power Metal Resources plc has been granted a third prospecting licence, containing the historical Cherished Hope mine, in the Tati Greenstone Belt near Francistown, Botswana. ANOMALIES The company’s subsidiary, Tati Greenstone Resources Pty Ltd, holds the 16.14 km2 licence, which also holds a large gold-in-soil anomaly. Prospecting licence 049/2022 adds to the company’s existing PL126/2019 and PL127/2019. […]

News Oil & Gas

Serica Energy records ‘outstanding year of progress’

Serica Energy plc said 2021 was an outstanding year of progress, with pre-tax profits of £135.1 million, from the company’s oil and gas portfolio in the UK North Sea. FINANCES The company’s results for the year ended 31 December 2021 showed the increase compared with £12.5m in 2020. Group gross profit for 2021 was of […]