Oriole Resources plc began Phase 4 diamond drilling programme at Bakassi Zone 1 in the company’s 90%-owned Bibemi gold project in Cameroon. PROGRAMME The company has to date identified four main prospects with the majority of drilling focused on a circa 1km section at the Bakassi Zone 1 prospect. The programme, which began on 30 […]
Month: November 2024
Cornish Metals’ shareholder VBR nominates Tony Trahar to board
Cornish Metals Inc said that its controlling shareholder Vision Blue Resources (VBR) had nominated Tony Trahar as its representative on the company’s board of directors. Mr Trahar has a 40-year career in the mining, natural resources and industrial sectors and is currently a special adviser to VBR. He currently holds 1,222,222 common shares in Cornish […]
Angus completes 100% acquisition of Saltfleetby
Angus Energy plc said it had now completed the 100% acquisition Saltfleetby gas licence in east Lincolnshire. OUTSTANDING STAKE The company acquired the entire issued share capital of Saltfleetby Energy Ltd (SEL), which owned 49% working interest in the project, from the seller Forum Energy Services Ltd. Chief executive George Lucan said that the acquisition […]
Capricorn suspends $200m share buyback
Capricorn Energy plc said it had suspended its £200 million share buyback following the company’s announcement today to merge with Tullow Oil plc. The suspension excludes the US$25 million tranche announced on 7 April 2022, which is being conducted by JP Morgan Securities PLC on a non-discretionary basis and will end no later than 6 […]
GreenRoc appoints Dr Stefan Bernstein as CEO
GreenRoc Mining plc has appointed Dr Stefan Bernstein as chief executive officer and director, with effect from 1 July 2022. Dr Bernstein is a Danish geologist with more than 30 years’ experience in corporate and governmental advisory roles in Greenland’s mining sector. He most recently worked for GEUS, the Danish and Greenlandic Geological Survey, responsible for supporting […]
Europa Oil & Gas appoints new advisers
Europa Oil & Gas (Holdings) plc has appointed three new advisers with immediate effect. COMPANIES These include Strand Hanson Ltd as the company’s nominated and financial adviser; Tennyson Securities as sole broker; and Vigo Consulting as communications adviser.