Metals & Minerals News

Tertiary outlines 2023 copper exploration at Mukai

Tertiary Minerals plc has outlined its 2023 exploration programme for copper and nickel at the Mukai project in northwest Zambia. MUKAI Mukai lies within 27066-HQ-LEL, covering 55.4km2 and located 125km west of Solwezi. The project is in the Domes region of the Zambian copper belt and next to First Quantum Minerals (FQM)’s major copper mines. Tertiary […]

News Oil & Gas

Vermilion increases Corrib interest to 56.5%

Vermilion Energy Inc has increased its operated interest from 20 to 56.5% in the Corrib natural gas project 83km off the northwest coast of County Mayo, Ireland. LOW EMISSIONS The Canadian company said it was now the largest provider of domestic natural gas in Ireland following its completed US$434 million acquisition of Equinor Energy Ireland Ltd. […]

Finance Metals & Minerals News

Red Rock raises £223,000 via placing

Red Rock Resources plc raised £223,000 before expenses by placing 123,888,888 new ordinary shares of £0.0001 each in the company at a price of 0.18 pence per share.    The company will also grant 123,888,888 warrants, exercisable into shares at a price of 0.35 pence per share for 18 months. Red Rock will additionally grant 12,388,888 broker […]

News Oil & Gas

Predator awards contract for MOU-3 platform

Predator Oil & Gas Holdings plc has awarded Skayavers Sarl the contract to construct the MOU-3 well pad platform and improve access roads at the Guercif petroleum agreement, onshore Morocco. LOGISTICS The operator, which shortly expects to complete permitting and survey requirements, will start civil works on or before 10 April 2023 before beginning drilling […]

Company Moves Metals & Minerals News

Central Asia NED Nurlan Zhakupov steps down

Central Asia Metals plc non-executive director Nurlan Zhakupov has stepped down after 11 years on the board, with effect from 3 April 2023. His departure follows his appointment as chief executive officer of Kazakhstan’s Samruk-Kazyna sovereign wealth fund.     Non-executive chairman Nick Clarke said that Mr Zhakupov had been valued member of the company […]