West Cumbria Mining Ltd (WCM) will face a public inquiry following the Government’s decision, after two previous refusals, to call in the company’s plans for a coking coal mine off the coast of Cumbria. CONTROVERSY The Secretary of State for Housing, Communities and Local Government Robert Jenrick MP gave his reasons as increased controversy over […]
Author: editorial
Erris starts deep overburden sampling at Lead Trial
Erris Gold Resources announced it had started deep overburden sampling ahead of scout drilling at the Lead Trial gold prospect within the Loch Tay licence in Perthshire, Scotland. PROGRAMME Lead Trial, near Scotgold Resources’ Cononish mine, is a high grade prospect centred on a magmatic-hydrothermal system adjacent to the Loch Tay Fault which is a […]
North Sea operators cut flaring by 22% in one year
Flaring in the North Sea fell by 22% – approximately equivalent to the gas demand of 200,000 UK homes – in 2020 compared with the previous year, said the Oil and Gas Authority (OGA). Production facilities cut the overall volume to 33 billion cubic feet (bcf) which is the lowest level of flaring on the […]
JOG seeks £10-£15m and launches farm-out for GBA
Jersey Oil & Gas plc (JOG) said it was in discussions to raise £10 to £15 million and it had launched a farm-out process for its Greater Buchan Area (GBA) in the North Sea. The announcement follows publication earlier this month of a concept select report showing a potential 172 MMboe of 2C contingent resource […]
Altona appoints Simon Tucker as NED
Altona Rare Earths plc (formerly Altona Energy) has appointed Simon Tucker as non-executive director. Simon Tucker, aged 50, is an international businessman currently chief executive of AIM-listed SRT Marine Systems plc, chairman of Tan Delta Systems Ltd and an investor / shareholder in various other early and mid-stage private companies. He has been a director […]
Altona appoints Audrey Mothupi as NED
Altona Rare Earths plc (formerly Altona Energy) has appointed Audrey Mothupi as a board non-executive director. Ms Mothupi is chief executive of South African-based SystemicLogic Group, a global financial innovation, data and technology disruptor, specialising in emergent business models. Prior to joining SystemicLogic, she was head of inclusive banking at Standard Bank Group, where her division […]