New Age Exploration Ltd said it had received a positive review of a 2014 scoping study, as previously updated in 2017, of its Lochinvar coal project. COSTS NAE owns 100% of three contiguous exploration and conditional underground mininglicences known as Lochinvar, Lochinvar North and Lochinvar South on the border of Scotland and England. A previously […]
Day: 15 November 2024
Anglesey review shows ‘substantial upside’ at Parys
Anglesey Mining plc plans work programmes in the Northern Copper Zone (NCZ) after an internal review showed a “substantial upside” to the existing resource base at its Parys Mountain copper project. NORTHERN COPPER ZONE The company said that the NCZ, discovered in 1962, was interpreted as the downdip extension of the historical open pit mined […]
Predator directors’ share options-loan raise £1.25m
Predator Oil & Gas Holdings plc’s directors have raised a total £1,256,880 through the exercise of share options and a loan. SHARE OPTIONS The exercise notices are from executive directors Paul Griffiths for 7,855,486 share options and Lonny Baumgardner for 7,855,486 share options issued to them in the company’s unapproved share option schemes between 2018 […]
Hurricane plans to return up to $70m to shareholders
Hurricane Energy plc is planning a “significant”capital reduction programme to distribute reserves of up to $70 million, equivalent to 3.1 pence per share, to shareholders. MEETING Hurricane said that the programme involved cancellation of the company’s share premium account of approximately $822.5m, in order to create distributable reserves. The company intends to start the programme in Q1 2023 should […]
Tungsten West appoints Martin Wood as senior NED
Tungsten West plc has appointed Martin Wood to the board as a senior non-executive director. Mr Wood is the founder and managing director of Vicarage Capital Ltd, a full-service brokerage house for junior and mid-cap resource companies. He is also non-executive chairman of Altona Rare Earths Ltd where he helped to negotiate the acquisition of […]
Tungsten West appoints NED David Cather as chairman
Tungsten West plc has appointed senior non-executive independent director David Cather as chairman of the board. Mr Cather, who replaces Robert Ashley, joined the company in September 2021. He was previously the chief executive officer of private institutional investment house Abu Dhabi Capital Group in the United Arab Emirates. Prior to this Mr Cather was […]