Company Moves News Oil & Gas

Star Energy CEO Chris Hopkinson steps down

Star Energy Group plc chief executive officer Chris Hopkinson has stepped down from the role and the board with immediate effect, after 12 months in the post. His replacement is Ross Glover who is expected to be appointed to the board following the company’s general meeting 12 June. Mr Hopkinson, who will not stand for […]

Company Moves Metals & Minerals News

Tungsten West CEO Neil Gawthorpe resigns

Tungsten West plc chief executive officer Neil Gawthorpe has resigned with immediate effect, after 15 months in the role. He remains a board director until finalisation of his settlement agreement. Chief financial officer Alistair Stobie will become interim CEO and join the board, subject to regulatory checks. Tungsten West said it had started the process […]

Metals & Minerals News

Hummingbird positive on Dugbe drill results

Hummingbird Resources plc said it was encouraged by results from diamond core drilling at the Bukon Jedeh ‘gold camp’, part of the Dugbe gold project in southern Liberia. LITHOLOGY Situated 8km southeast of the Tuzon deposit, Bukon Jedeh lies along a 4.1km trend known for its “highly productive artisanal gold mining operations”. The company, which […]

Finance News Oil & Gas

UKOG repays more of £2m loan

UK Oil & Gas plc has repaid a further £55,000 of its loan by issuing a further 244,444,444 shares to investors RiverFort Global Opportunities PCC Ltd and YA II PN Ltd. The balance now stands at £310,000 of the original £2m loan. Following admission, UKOG’s total voting rights will be 4,348,502,750 ordinary shares.

Metals & Minerals News

Oriole improves Mbe anomalism definition

Oriole Resources plc said infill soil sampling had “significantly” improved the definition of previous gold-in-soil anomalism at its 80%-owned Mbe gold project in Adamawa, Cameroon. ROBUST Mbe is one of five licences within the company’s package of contiguous exploration licences, of the Eastern Central Licence Package covering 2,266 km2. Earn-in partner BCM International Ltd, funding up […]

Metals & Minerals News

Cadence investee begins Bynoe augur sampling

Cadence Minerals plc investee has started initial augur sampling in its next round of field work at the Bynoe lithium project in the Northern Territory, Australia. PRIORITY Evergreen Lithium Ltd’s programme follows approval in May of its mine management plan, allowing high impact exploration activities. Samples will be analysed in the field using portable X-ray […]