Company Moves Metals & Minerals News

Red Rock to maximise short-term value of Zimbabwe lithium

Red Rock Resources plc aims to maximise the short term value of its lithium assets in Zimbabwe to benefit from the metal’s current high demand. OPERATIONS The company’s licences, near Bikita and Arcturus, are under discussion with several potential off-take partners and include possible sales to China. Chief executive officer Andrew Bell, currently in the […]

News Oil & Gas

Predator issues 6m share options to two NEDs

Predator Oil & Gas Holdings plc issued six million options over ordinary shares to two non-executive directors under the company’s existing option scheme. Alistair Jury and Carl Kindinger each received three million options exercisable at 12.5 pence per share. A total 50% of the options will vest upon a news release on rigless testing results […]

Finance Metals & Minerals News

Golden Metal begins trading on OTCQB venture market

Golden Metal Resources plc was earlier today admitted to trading on the OTCQB venture market, targeting new investors in the United States. The company, which continues to trade on AIM, said it had issued no new ordinary shares through the process. Golden Metal owns five projects in Nevada targeting base and precious metals, lithium and tungsten.

Equipment & Logistics News Oil & Gas

UKOG expects to resume testing Pinarova-1

Pinarova-1 exploration well is expected to resume tests in four weeks with 7-inch perforating guns at the site north of the Basur- oil discovery onshore Turkey. SECTION UK Oil & Gas plc (50%) said that the larger more powerful guns than previously used were capable of fully penetrating the well’s 9⅝-inch casing, focusing on the […]