Corcel plc has appointed three new directors to its board with immediate effect and expects to add a further two on completion of checks. MD Angola and chief commercial officer Geraldine Geraldo joins as an executive director. Ms Geraldo has a legal and business development background and more than 15 years’ experience in the oil […]
Day: 11 November 2024
Europa expands into Equatorial Guinea
Europa Oil & Gas (Holdings) plc has broadened its portfolio with an interest in a production sharing contract, offshore Equatorial Guinea. DRILL-READY The company purchased 42.9% equity in explorer Antler Global Ltd via a US$3 million cash share subscription, payable in four instalments. Antler holds an 80% working interest in the “highly prospective” EG-08 PSC […]
Altona agrees £250,000 loan for Monte Muambe PFS
Altona Rare Earths plc has agreed a £250,000 loan to advance the prefeasibilty study for Monte Muambe in northwest Mozambique. The two-tranche loan from Catalyse Capital Ltd, which has previously supported the company, will progress work focused on metallurgy. The repayment date is 20 December 2024 and the loan carries a fixed interest of 20% […]
Alba to increase dewatering rates at Clogau
Alba Mineral Resources plc has received permission to increase the dewatering rate in the lower Llechfraith workings of its Clogau-St David’s gold mine, north Wales. EXPLORATION Industry regulator Natural Resources Wales approved the company’s application for variations to its existing discharge and abstraction permits. The rates will increase in early January from 100 to 250 […]
Star Energy appoints Anthony White as board NED
Star Energy Group plc has appointed Anthony White MBE to the board as an independent non-executive director with immediate effect. Dr White, who joins the audit committee, has more than 35 years’ experience in international power markets and low carbon economy from capital markets analytical and industry strategy roles. He has been involved in developing […]