Metals & Minerals News

Kavango-Power Metal start fourth Ditau drill hole

Kavango Resources plc said it had completed the third diamond drill hole on the i1 target and started drilling the next target at the Ditau Camp joint venture (JV) rare earth element (REE)-base metal project in southwest Botswana. DITAU CAMP The 50-50 JV, under the name of Kanye Resources, is between Kavango as the operator […]

Company Moves News Oil & Gas

EnQuest chairman Martin Houston to step down

EnQuest plc’s non-executive chairman Martin Houston is to step down to focus on his other business interests. Mr Houston, who has held the post since 1 October 2019, will leave once the company finds a successor. EnQuest said that under Mr Houston’s leadership, the company made good progress against its strategic objectives, particularly with year-end […]

Company Moves Metals & Minerals News

Tertiary managing director Patrick Cullen resigns

Tertiary Minerals plc announced that managing director Patrick Cullen has resigned from the company, effective 20 June 2022. The company said it was looking to recruit a replacement during which time other members of the board would assume his responsibilities. Mr Cullen joined the company in September 2021. Executive chairman Patrick Cheetham added that the […]

Finance Metals & Minerals News

Altus Strategies notes directors’ / PDMRs dealings

Altus Strategies plc announced three directors’ dealings on 15 June 2022. PDMRs Chief executive officer and director Steven Poulton purchased 100,000 ordinary shares of £0.05 each at an average price of 47.72p per share, for £47,724. This will increase his shares to 6,700,000, representing 5.71% of the company’s outstanding issued ordinary share capital. Executive director […]

Finance News Oil & Gas

Harbour begins $200m share buyback

Harbour Energy plc said it had today started a share buyback programme of the company’s ordinary shares for up to a maximum of $200 million.  PROGRAMME The company has signed an irrevocable, non-discretionary agreements with its corporate brokers to execute the programme on its behalf. Harbour added that it continued to employ a disciplined and […]