Company Moves News Oil & Gas

Capricorn NED Hesham Mekawi steps down

Capricorn Energy plc independent non-executive director Hesham Mekawi has stepped down from the board, with immediate effect. Mr Mekawi joined the board in February 2023 under its then new management and appointed as deputy chairman in June of the same year. Non-executive chair Maria Gordon said: “I would like to thank Hesham for his contribution […]

Finance Metals & Minerals News

Power Metal looks for Molopo funding

Power Metal Resources plc is exploring financing to progress its Molopo Farms Complex in southwest Botswana. INVESTMENT The company previously drilled hole DDH1-14C which intersected the steeply dipping geophysical superconductor at the high priority target area T1-14. Power Metal collected eight samples from 828.4m to 832.6m end of hole which remains open at depth. “Significant […]

Metals & Minerals News

FCM begins Coco East field work

First Class Metals plc has started field work on the gold-base metal Coco East property, comprising 30 single cell claims, 25km north of Terrace Bay town in northwest Ontario. FUNDS The 6.3km2 block lies on the eastern sector of the Big Duck Lake Porphyry which contains “a number of historic showings” on the Schreiber-Hemlo greenstone […]