Metals & Minerals News

Guardian receives £512,743 via warrant exercises

Guardian Metal Resources plc has received £512,743.54 following notices to exercise warrants over a total 2,074,962 new ordinary shares of 1 pence each in the company. One notice is over 74,962 new ordinary shares at an exercise price of 17p per warrant share while another is over two million new ordinary shares at an exercise price […]

Metals & Minerals News

Kavango identifies tungsten in Hillside assays

Kavango Resources plc has identified “significant” and “potentially economic” multi-element concentrations including tungsten at the Hillside gold project in Matabeleland, southern Zimbabwe. PATHFINDER The company plans to widen its exploration in the country for the “strategic elements” including bismuth, selenium, molybdenum and further tests for tungsten value and widths. The results, with a peak tungsten […]

News Oil & Gas

Serica cuts forecast after Triton FPSO setback

Serica Energy plc has lowered full year production forecast after an “issue” with the Triton floating production storage and offloading (FPSO) vessel suspended its North Sea operations. GAS The company said that the problem was with one of the compressor seals, with repairs expected to take two to four weeks. The outage follows resumption of […]

Company Moves News Oil & Gas

Tullow CEO to step down

Tullow Oil plc chief executive officer Rahul Dhir will step down and resign from the board during 2025 to pursue “other business, academic and family interests”. He will remain in his role until a date to be determined.  “It’s been a privilege to serve Tullow during these past four and a half years,” said Mr Dhir. […]

Company Moves Metals & Minerals News

Anglesey appoints Robert Hall as NED

Anglesey Mining plc has appointed Robert Douglas Hall as a non-executive director, with immediate effect. Former chief executive Jo Battershill has also stepped down as a NED of the company.  “I would like to thank Jo for his service to Anglesey in recent years, both as chief executive officer and, more recently, as a non-executive […]

Finance Metals & Minerals News

Condor and Metals agree terms for acquisition

Condor Gold plc and Metals Exploration plc have agreed the terms and conditions to the Metals’ recommended offer for Condor. DIVERSIFICATION Announced two days ago, the offer is intended to be implemented by means of a court-sanctioned scheme of arrangement, although Metals reserves the right to a takeover offer. Completion of the acquisition, which includes the flagship […]