Cornwall Resources Ltd has signed an initial five-year memorandum of understanding for tungsten from its Redmoor project with nuclear fusion technology company Oxford Sigma Ltd. DOMESTIC SUPPLY The two companies will collaborate to explore, develop, promote and secure “critical mineral supply pathways for tungsten” from the east Cornwall deposit to supply the fusion industry. Peter […]
Day: 11 November 2024
IOG appoints administrators
IOG plc has appointed administrators while its nominated adviser and broker has resigned. NEGOTIATIONS The company operates the Saturn Banks gas project in the southern North Sea as well as incremental assets of P2442 and P2589 and prospects in undeveloped clusters. Since 2022, IOG has faced rising costs and from June 2023 has agreed successive […]
GreenRoc finance director Jim Wynn leaves and Andrew Panteli becomes NED
GreenRoc Mining plc finance director Jim Wynn is leaving the post to focus on his other existing management positions. The company has appointed Ben Proffitt of Silvertree Partners LLP to its senior management team to oversee finance following Mr Wynn’s departure. “The board and I would like to thank Jim Wynn for his important […]