Fulcrum Metals plc said it was encouraged by strong initial leaching results from phase 1 sampling and testing at the Teck-Hughes gold tailings project in Ontario, Canada. INNOVATIVE The programme used Extrakt Processing Solutions LLC’s non-toxic technology. Sampling was completed across six locations chosen to provide representative sampling across the tailings with 32 samples taken […]
Month: December 2024
Buchan first oil deferred to 2027
Jersey Oil & Gas plc said that first production from the Buchan field has been deferred to late 2027 due to uncertainty of financial policies following the early General Election in July. FDP Operator NEO Energy is currently working on the field development plan, the completion and approval of which is linked to “fiscal clarity” […]
Kavango NED buys 2m shares
Kavango Resources plc non-executive director Peter Wynter Bee has bought two million ordinary shares in the company. On 3 June, he purchased 1m shares each at a price of 1.425 pence. Mr Bee bought a further 1m of 1.5 pence each on 4 June.
Condor Gold grants 4.9m share options
Condor Gold plc granted 4,900,000 share options, representing 2.41% of the issued share capital, under its existing share option scheme to directors, employees and consultants for 2024. On 29 May, chief executive Mark Child and non-executive director Ian Stalker each received one million options; chairman Jim Mellon and NED Denham Eke each received 500,000; NED […]
Angus restarts Brockham 2Y well production
Angus Energy plc has restarted production from the Brockham 2Y well within PL235 near Dorking in Surrey. GROWTH The workover of the well concluded in late May, a new pump installed and repairs and upgrades made to the surface equipment. The company said that after a period of flow to clean up the well, production […]
EGT encouraged by further Olserum assays
European Green Transition plc said additional “encouraging” sampling assays supported the possibility of a district-scale system, with further potential, at its Olserum rare earth elements project in south Sweden. CONTINUITY Grab samples were taken at the Djupedal prospect, the nearby Bersummen area, and the newly identified Stora Lockerum structure, with initial results published in May. […]