Angus Energy plc announced the conclusion of leak testing and the start of commissioning of the Saltfleetby gas field, in east Lincolnshire. OUTPUT The company said it expected commissioning to take between one and two weeks with a target date for first gas export (sales) between the 7 and 12 July. “The hedged volume for July […]
Day: 15 November 2024
Conroy Gold JV intersects extended mineralisation at Clontibret
Conroy Gold and Natural Resources plc said the first two completed holes of an eight-hole step-out drilling programme had intersected mineralisation at the Clontibret gold joint venture (JV) in County Monaghan, Ireland. DRILL HOLES The company’s JV is with Turkish miner and operator Demir Export. Demir drilled hole 1 to a down hole depth of […]
Sunrise to sell Pioche for $1.25m to Tolsa
Sunrise Resources plc said it had granted Tolsa S.A. an exclusive option to buy for US$1.25 million in cash the company’s 100% owned Pioche sepiolite project in Nevada, USA. PIOCHE The project lies near the historic mining town of Pioche in Lincoln County, Nevada. Sunrise added that the agreement followed “encouraging results” of testwork carried […]
Red Rock signs new Haut-Katanga JV
Red Rock Resources plc announced a new cobalt joint venture (JV) in Haut-Katanga, the Democratic Republic of Congo (DRC). JOINT VENTURE The company’s subsidiary Red Rock Resources Congo SAU (RRRC) entered into an agreement with the Société d’Investissement Minier Akon et Sodimico S.A. (Simaks). The deal will see Red Rock acquire 58% in the Kimono […]
Cora Gold retains Lionhead support for Sanankoro
Cora Gold Ltd said that its lead investor would continue its support even if the company missed the deadline for a definitive feasibility study (DFS) at the Sanankoro gold project in southern Mali. LIONHEAD In September 2021, Lionhead Capital Advisors Proprietary Ltd and Cora entered a US$25m mandate and term sheet to fund the development […]
Cadence on course for inaugural Amapá MRE and PFS
Cadence Minerals plc reported that contractors have visited their engineering areas ahead of a pre-feasibility study (PFS) for the Amapa iron ore project in Brazil. ORE RESERVE Wardell Armstrong International were also on-site as part of its role in the publication of the PFS. Focus has also continued on environmental permitting, compliance with Brazilian legislation […]