Metals & Minerals News

Ormonde acquires 20% stake in Peak Nickel

Ormonde Mining plc has acquired a 20% interest in Sheffield-based Peak Nickel Ltd which has interests in “battery metal” mining prospects. PROGRAMME The company said its investment would enable a “fast-track initial work programme” aimed at identifying modern, code-compliant resources.  Ormonde will pay £450,000 and is granted exclusive option either to invest up to a […]

Metals & Minerals News

GreenRoc Mining receives ERMA support Amitsoq

GreenRoc Mining plc has received support from the European Raw Materials Alliance (ERMA), managed by the EIT RawMaterials, for its Amitsoq graphite project in southern Greenland. INVESTMENT The consortium aims to secure raw materials and raw material supply chains for Europe to support industrial ecosystems within the European Union. GreenRoc said it had received a […]

Metals & Minerals News

Power Metal completes 2,402m drill at Molopo

Power Metal Resources plc has completed its 2,402m diamond drill programme at the Molopo Farms Complex nickel-platinum group element (PGE) project in southwestern Botswana. DATASETS The company drilled five holes, focusing on four individual targets areas, to depths of between 300m and 650m. Power Metal will complete logging before shipping remaining samples for testing. “Historical exploration work […]

Company Moves News Oil & Gas

Prospex joint founder and NED Richard Mays resigns

Prospex Energy plc joint founder and non-executive director Richard Mays has resigned with immediate effect. The company said that Mr Mays’ decision was made for personal reasons and as a result of other commitments, but that he remained committed to the long-term prosperity of Prospex. “The board of Prospex thanks Richard for his commitment and […]