Europa Oil & Gas (Holdings) plc has appointed Bo Krøll to the board as a non-executive director with immediate effect to increase representation of its shareholders. Chief operating officer Alastair Stuart leaves the board in order to maintain a majority of independent non-executive directors on the board. Mr Krøll is a proven entrepreneur, businessman and long-term shareholder in Europa […]
Month: December 2024
Parkmead agrees £14m assets’ sale to Serica
The Parkmead Group plc has agreed to sell its offshore UK and onshore Netherlands exploration and production interests for £14 million, with up to £120m in contingent payments, to Serica Energy (UK) Ltd. GROWTH The sale includes the company’s 50% working interest in licences P2400, containing the Skerryvore prospect, and P2634, containing the Fynn Beauly […]
Power Metal uranium JV expands portfolio
Power Metal Resources plc’s uranium joint venture has expanded its portfolio by acquiring the Pardoe project, 35km southeast of the Athabasca Bain in northern Saskatchewan, Canada. TARGETS The company said that the acquisition lies in an area with over 33km of inferred geophysical linear constructors and multiple historical uranium occurrences. Pardoe has never been subject to “significant targeted […]
Guardian acquires water rights for Pilot Mountain
Guardian Metal Resources plc has purchased the water rights directly adjacent to its Pilot Mountain tungsten project in Nevada, USA. CONFIDENCE The company paid US$350,000, with a further $200,000 on or before 31 January 2025, to Belmont Resources Inc. for water permit 87850 located in the Kibby Basin Valley. On completion, 100% of the rights will be transferred to […]
Clogau blasting reveals visible sulphides-gold
Alba Mineral Resources plc reported “large” amounts of visible sulphide mineralisation in blasted rocks, indicating associated gold mineralisation, at its Clogau-St David’s gold mine. BULK SAMPLE The company has also noted visible gold within the blasted ore. Drilling and blasting at level 5 on the Llechfraith target continues round the clock, with a team of […]
Red Rock pays part of Australia JV share purchase
Red Rock Resources plc has paid part of the amount due to acquire its partner’s 49% share in their Australian gold exploration joint venture. CLNs The company announced earlier this year its intention to purchase Power Metal Resources plc’s share in New Ballarat Gold Corporation plc. NBGC, held by local operator Red Rock Resources Australasia […]