Legal News Oil & Gas

Ascent notifies Slovenia of further treaty breaches

Ascent Resources plc said it had formally notified the Slovenian government of further claims of treaty breaches over its hydrocarbon operations in the country. HYDRAULIC STIMULATION The company refers to the UK-Slovenia Bilateral Investment Treaty (BIT) and the Energy Charter Treaty (ECT). Ascent added that Slovenia’s recent actions include a ban on holders of mining […]

Metals & Minerals News

Conroy Gold JV starts drilling to extend Clontibret target

Conroy Gold and Natural Resources plc said 3,000m drilling had started at its joint venture Clontibret gold target in Ireland. PROGRAMME The company’s joint venture (JV) partner and operator Demir Export S.A. began the eight-hole programme at the end of April. Conroy Gold added that the programme aimed to extend the eastern gold lodes and […]

Metals & Minerals News

Caerus notes consistent anomalous gold assays at Mala

Caerus Mineral Resources plc said hand augur drilling and pitting had returned consistently anomalous gold assay results from the Mala pyrite dump in Cyprus. MALA The gold-bearing pyrite dump is a consolidated mass difficult to penetrate due to the high pyrite content. Caerus’ exploration team excavated a hand dug pit followed by hand auger drilling from […]

Metals & Minerals News

Altona assays show ‘significant’ Monte Muambe REEs

Altona Rare Earths plc said the final Phase I assay results showed significant rare earth element (REE) levels at its Monte Muambe light REE project in northwest Mozambique. PROGRAMME Monte Muambe is a 4km diameter circular carbonatite intrusion in Tete Province, where the company began an initial drilling programme in October 2021. The company focused […]