Kavango Resources plc said it had identified a cluster of three electromagnetic (EM) conductors within Target Area B in the northern (Hukuntsi) section of the nickel-copper-platinum group element (PGE) Kalahari Suture Zone (KSZ) in Botswana. NORILSK MODEL The company added that the size and orientation of the conductors conformed to an idealised model for the […]
Month: November 2024
Serica Energy spuds North Eigg gas exploration well
Serica Energy plc today began drilling the North Eigg exploration well 3/24c-NE1 in the North Sea. SPUDDING Transocean ‘sPaul B. Loyd Jr. harsh environment semi-submersible drilling rig spud the well at 4.30am. Operator Serica said that the high pressure, high temperature (HPHT) exploration well targeting Upper Jurassic turbidite sands, was similar to those encountered in […]
UKMEF warns skills shortage threatens future economy
A UK’s mining education forum today warned that a shortage of suitably skilled graduates threatened the revival of the country’s mining sector and the future economy. EMPLOYMENT The UK Mining Education Forum (UKMEF) added that a modern, high-tech mining industry was essential to the future of the UK as British industry looks closer to home […]
Cornish Metals starts 8,000-12,000m drill
Cornish Metals Inc has started a minimum 8,000 – 12,000 metre drill programme ahead of dewatering the tin mine at South Crofty in Cornwall. DRILL RIGS The Canadian company aims to collect samples for metallurgical testwork as part of the feasibility study. Cornish Metals has contracted three drill rigs from Priority Drilling, two drilling from […]
United notes Optiva’s £33m valuation of Maria oil discovery
United Oil & Gas plc said that new research set a value of £33.5 million on the company’s Maria discovery in the Outer Moray Firth Basin in the Central North Sea. OPTIVA The company published a research note by Optiva Securities Ltd, which valued the asset at £33.5m or 5.2p per share on a risked […]
Caerus looks to clean energy investments and targets
Caerus Mineral Resources plc said it was reviewing a number of investment opportunities and was in early-stage discussions with several potential targets in key clean energy commodities. CLEAN ENERGY The Cyprus-based exploration and resource development company focuses on generating copper-gold value from the historic copper mining island of Cyprus. “Whilst discussions are ongoing, there can be […]