Egdon Resources plc and the Government have conceded that permission has been quashed for oil production at Biscathorpe in the Lincolnshire Wolds. IMPLICATIONS The move follows last month’s Supreme Court landmark ruling that a consent, issued in 2019 for oil production at Horse Hill in Surrey, must include end-use emissions. Biscathorpe lies within licence PEDL253 […]
Day: 16 September 2024
WCM coal mine approval was “error in law”
West Cumbria Mining Ltd’s plans for a new deep coal mine again face uncertainty after the new Labour Government said that the initial 2022 approval was an “error of law”. NET ZERO The Government’s words, said yesterday to the BBC, follows the Supreme Court’s ruling that oil production at Horse Hill in Surrey must include […]
Sunrise notes drilling to extend Pioche deposits
Sunrise Resources plc expects phase II drilling and trenching to begin this weekend at its Pioche sepiolite project in Nevada, USA. OBJECTIVE Option holder and operator Tolsa USA Inc has received approval for the programme from the Bureau of Land Management. Following mobilisation of a rig, drilling will immediately begin to extend the known “extensive” […]
Cadence raises £750,000 for Amapá
Cadence Minerals plc has raised a total £750,000 via an 18% discounted placing and a directors’ subscription for the Amapá iron ore project in northeast Brazil. AMAPA The company raised £625,000 before expenses by placing 25 million new ordinary shares, at 2.5 pence per ordinary share. Non-executive chairman Andrew Suckling, chief executive Kiran Morzaria, and […]
Cora finds large-scale potential at Madina Foulbé
Cora Gold Ltd reported potential for large-scale gold mineralisation from reconnaissance reverse circulation drill results on its Madina Foulbé exploration permit in East Senegal. ZONE The permit holds four key target areas and lies within the Kenieba project area. In May the company completed drilling 40 shallow RC holes for 2,018m on the Tambor gold […]
Corcel chairman to step down
Corcel plc non-executive chairman Antoine Karam is to leave the post as part of further changes at the company. His independent interim replacement will be independent non-executive director Andrew Fairclough. Interim chief executive Scott Gilbert has assumed a permanent role and will join the board as an executive director on completion of regulatory checks. Non-executive director […]