United Oil & Gas plc said it had to date found no hydrocarbons from drilling the ASV-1X exploration well in the Abu Sennan joint venture (JV) licence, onshore Egypt. ASV-1X Kuwait Energy Egypt operates the licence in which United holds a 22% working interest. The ASV-1X well was drilled under budget to a total depth […]
Month: November 2024
GreenRoc advances work for Amitsoq graphite and TBS ilmenite
GreenRoc Mining plc said it had started Phase II drilling at its Amitsoq graphite project and outlined field work for the summer/autumn programme at the Thule Black Sands ilmenite project in Greenland. AMITSOQ The company added that planned drilling at Amitsoq in southern Greenland is targeting one of the highest grade graphite deposits in the […]
Galantas begins production process at Cavanacaw
Galantas Gold Corporation said it had started the production process with long drilling in the first series of stopes at the Cavanacaw gold and silver project in Omagh, Northern Ireland. STOPES The Canadian company added that installation of the secondary egress from the 1,096 to 1,052 level was in the final stage of completion and […]
Rockhopper raises $3.4m via open offer
Rockhopper Exploration plc said it had raised US$3.4 million (£2.8m) from an open offer in respect of 39,652,160 units. The number represents more than 69% of the 57,310,264 available open offer units. In addition to the placing and subscription on 15 June, Rockhopper has now raised in aggregate US$10.4 million (£8.5 million).
Tungsten West cuts HGV movements after opposition
Tungsten West plc said it would reduce proposed HGV movements per day by a third following public opposition to aspects of its plans to restart Hemerdon tin-tungsten mine in Devon. ORIGINAL PLANS In July 2021, Tungsten West received permission for a temporary increase of up to 150 transport movements per day from the mine site […]
Ascent JV initiates mediation process in Slovenia
Ascent Resources plc today said that it and its local joint venture (JV) partner, Geoenergo, had agreed to initiate the dispute resolution mechanism in their contract and initiated the mediation process in Slovenia. The company added that a Court of Appeal, High Court Ljubljana judge had now been appointed as the mediator between the joint […]