Arkle Resources plc has started sampling at its two lithium brine licences in the Makgadikgadi salt pans in Botswana. ANALYSIS The programme comes ahead of early-stage prospecting due to begin in days on its Zimbabwe hard rock licences also prospective for lithium. Covering a total 837km2 the Makgadikgadi licences showed in July the presence of […]
Month: December 2024
Dugbe owner signs $75m acquisition offer
Hummingbird Resources plc said that US$75 million had been offered for its 53% investee company developing the Dugbe gold project in Liberia. FINANCING Pasofino Gold Ltd signed an exclusivity agreement with the potential purchaser, valid until 7 November 2024. Subject to due diligence and financing, a definitive agreement is expected during the fourth quarter of […]
Helium One applies for Rukwa mining licence
Helium One Global Ltd has applied for a comprehensive mining licence for its southern Rukwa project in Tanzania. LAPSED LICENCES A completed feasibility study, on which the application is based, includes results of the extended well test from the Itumbula West-1 discovery well. The project’s environment and social impact assessment study, completed by MTL Consulting, […]
UKOG appoints Kris Bone as chief technical officer
UK Oil & Gas plc has appointed Kristopher Bone as an executive director and chief technical officer, among other board changes. Mr Bone, who joined UKOG in 2019, is a petroleum engineer and chartered chemical engineer with 25 years’ experience in the petroleum, underground gas storage and energy development sectors. He has technical knowledge, leadership […]
Predator changes board following review
Predator Oil & Gas Holdings plc has appointed its executive chairman Paul Griffiths as chief executive officer among other changes to board. Former chief operating officer Lonny Baumgardner leaves the board for personal reasons and the post of managing director is removed from the management structure. “The board wishes to thank Mr Baumgardner for his […]
Red Rock abandons three Côte d’Ivoire licences
Red Rock Resources plc has dropped three gold licence applications in Côte d’Ivoire after regulatory changes limited the number of licences to four per applicant. GUARDIAN METAL The company holds two licences covering 725.44km2 and two applications for a total 1,404.86 km2 in an area around the capital Yamoussoukro. The three abandoned applications are in […]