Caerus Mineral Resources plc and its joint venture partner Bezant Resources plc said they planned to expand the Troulli copper project in Cyprus. The project is a strategic hub comprising the Troulli, Anglisides and Kokkinopetra licences. ANGLISIDES Anglisides lies near Troulli and is a potential satellite resource from which ore could be fed into any […]
Month: November 2024
Altona raises £500,000 ahead of LSE listing
Altona Rare Earths plc has raised £500,000 ahead of its application for admission to the standard segment of the Official List and trading on the London Stock Exchange’s (LSE) Main Market. FUNDRAISE The company raised the funds via a placing of 6.25 million ordinary shares at 8 pence each, to satisfy its working capital requirement […]
Europa appoints Will Holland as CFO-executive director
Europa Oil & Gas (Holdings) plc has appointed Will Holland as chief financial officer (CFO) and executive director effective 1 June 2022. He has been consulting for Europa since November 2021 and orchestrated the equity raise for the Serenity farm-in, and will now join full time. Mr Holland’s career spans more than 25 years in […]
Neptune Energy discovers oil and gas at Hamlet wells
Neptune Energy and its partners today said they had discovered oil and gas at the Hamlet exploration wells (PL153) in the Norwegian sector of the North Sea. RESOURCE The company added in a statement that in-place volumes discovered in the Hamlet structure were estimated to be five to 11 million standard cubic metres (MSm3) or […]
Galantas to recruit overseas miners to bridge skills gap
Galantas Gold Corporation said the Government had granted it a visa licence to recruit eligible overseas mine workers for its Cavanacaw gold mine in Omagh, Northern Ireland. LABOUR MARKET The Canadian company added it had faced a tight labour market for experienced underground miners, and had focused on hiring and training local trainee miners. Galantas […]
Angus granted approval for Brockham
Angus Energy plc has been granted approval for its plans at Brockham oil field near Dorking in Surrey. WELL BRX4-Z The county council’s planning committee agreed to allow the company to abandon the Kimmeridge layer and reperforate the Portland layer in well BRX4-Z. This is subject only to a unilateral undertaking to secure a routing […]