GreenRoc Strategic Materials plc has signed a memorandum of understanding to collaborate and develop graphite active anode material (AAM) for batteries with Norwegian company Morrow Batteries ASA. FOUNDATION The company said it had also started the process of establishing a Norwegian-registered subsidiary, NorGraph AS, focused on work related to production of AAM for batteries. GreenRoc, […]
Month: January 2025
Tungsten West appoints Stephen Harrison as chairman
Tungsten West plc has appointed Stephen Harrison as its new non-executive chairman. He replaces David Cather who continues in his role of non-executive director of the company. Mr Harrison is currently chairman of building products manufacturer Epwin Group plc and a non-executive director of iron casting and machining group Castings plc. Until May 2023, he was chief […]
United to cut costs to ‘bare minimum’
United Oil & Gas plc is reviewing its cost structure as it awaits $620,000 in receivables from Egypt and talks suspend on the offshore Jamaica farm-out until the new year. EFFORTS Chief executive Brian Larkin met his counterpart of national oil company Egyptian General Petroleum Corporation (EGPC) regarding the outstanding payment from the Abu Sennan […]
Orcadian acquires HALO shares
Orcadian Energy plc has acquired for an undisclosed sum all of the ordinary shares of Hague and London Oil Offshore UK Ltd from the joint liquidators of Hague and London Oil plc (HALO). LOSSES HALO previously held a number of licences across the southern North Sea, including “participation” in wells on Pegasus and Andromeda and […]
Hummingbird investee appoints new CEO
Hummingbird Resources plc’s investee and owner of the Liberian Dugbe gold project has appointed Brett A. Richards as chief executive officer with immediate effect. The company holds a 53% interest in Pasofino Gold Ltd which in September was under a US$75 million offer. Mr Richards has more than 37 years’ mining and metals industry experience […]
Power uranium JV renamed Fermi Exploration
Power Metal Resources plc’s uranium joint venture with UCAM Ltd has been named Fermi Exploration Ltd. The company said that the name commemorated the pioneering work of Italian-American physicist Enrico Fermi in developing the first nuclear reactor. Fermi Exploration is registered in Vancouver, Canada. The JV’s assets include all licences previously held by Power Metal in […]