Capricorn Energy plc’s senior directors have left their posts and the company has postponed its general meeting (GM) on proposals to merge with Israeli firm NewMed Energy Ltd. NEW DATE The moves follow demands from shareholder Palliser Capital plc which has since December 2022 objected to Capricorn’s plans for the merger and has also called […]
Month: November 2024
GreenRoc Mining Phase II drilling nearly trebles MRE for Amitsoq graphite
GreenRoc Mining plc reported a near three-fold increase in the mineral resource estimate (MRE) at its 100%-owned Amitsoq Island graphite project in southern Greenland. FOCUS The 2023 MRE incorporates the results of the Phase II drilling programme completed in September 2022. The company has also decided to focus on progressing Amitsoq to production as quickly as […]
Oriole pays respects to Cameroon mining minister
Oriole Resources plc has paid its respects to Cameroon’s mining minister who has died aged 51. LEADERSHIP Minister of mines, industry and technological development, Gabriel Dodo Ndoke, died in the early hours of Saturday, 21 January. Oriole sent its deepest condolences to Mr Ndoke’s family, friends and colleagues. “We are deeply saddened to learn that […]
Serica renews US sanctions licence for Rhum
Serica Energy plc has renewed its US licence and secondary sanctions for the North Sea Rhum field to allow companies to provide goods, services and support. TAILWIND The licence, shared 50-50 with Iranian Oil Company (UK) Ltd, grants permission to US, US-owned and non-US companies. Issued by the US Office of Foreign Assets Control (OFAC), the […]
Alba surrenders non-core Limerick licence
Alba Mineral Resources plc has surrendered its Limerick zinc-lead prospecting licence in the absence of the third-party consents for drilling and viable drill targets. PRINCIPAL ASSETS The licence contained prospective targets but had not been a key focus and its surrender would have no material impact, said the company. “In fact, the surrender frees up […]
GreenRoc spheronised graphite tests 99.97% purity
GreenRoc Mining plc reported purity of 99.97%, exceeding electric vehicle industry requirements, from tests on spheronised graphite produced from its Amitsoq project in Greenland. ALKALINE TESTS Technical consultants ProGraphite GmbH conducted alkaline purification using sodium hydroxide to test a sample from the lower graphite layer (LGL), successfully spheronised last autumn. The purity requirement is 99.95% […]