Angus Energy plc has completed the planned annual maintenance shutdown at the Saltfleetby gas site, east Lincolnshire. The scheduled five-day outage, finished on 13 July, included maintenance and improvement work, including the installation of compressor acoustic hood. The company reported no safety incidents and no harm to the environment. Dual compressor operation resumed during the […]
Day: 16 September 2024
Oriole encouraged by Bibemi drill progress
Oriole Resources plc earn-in partner has completed 10 of 62 drill holes in the phase IV exploration programme at its 82.2%-owned Bibemi orogenic gold project in Cameroon. STUDIES The company said that multiple shallow-dipping, less than 45˚ from horizontal, and steeply dipping quartz and quartz-tourmaline veins, up to 2.40m wide, have been intersected. BCM International […]
CMR appoints Dominic Traynor as executive
Critical Mineral Resources plc has appointed non-executive chairman Dominic Traynor as executive chairman. Mr Traynor has been with the company for two years. CMR said that his appointment reflected his increased involvement in the company’s strategic management and corporate affairs in building a diversified portfolio of Moroccan exploration and development projects. Mr Traynor is also […]
Ormonde investee starts Golden Rose exploration
Ormonde Mining plc’s 36.2% investee has started copper-focused exploration at the Golden Rose project in western-central Newfoundland, Canada. PIPELINE TRU Precious Metals Corp will concentrate on the deposit-bearing Cape Ray – Valentine Lake Shear Zone. The programme aims to develop deeper understanding of the potential at Golden Rose, and ideally identify drill targets. In addition […]
FCM raises £85,000 via private placing
First Class Metals plc has raised £85,500 via a private placing of 3,035,714 ordinary shares of £0.001 par value at a 5.6% premium of 2.8 pence per placing share. AGREEMENTS Executive chairman and director James Knowles will loan a number of shares because the company has insufficient headroom to issue and admit the placing shares without a […]