Company Moves News Oil & Gas

IOG COO Mark Hughes to retire

Independent Oil and Gas plc has announced that its chief operating officer, Mark Hughes, is retiring for health reasons after a career spanning more than 40 years with Shell, Lasmo, Gaz de France, RWE Dea UK, INEOS Breagh and latterly IOG. Chief executive Andrew Hockey said: “Since he joined IOG in April 2018, Mark has […]

Metals & Minerals News

CSM leads pioneering tech-metals circular economy centre

A pioneering new research centre, led by the Camborne School of Mines, aims to revolutionise the extraction, use and reuse of critical metals for clean and digital technologies in the UK. The research will begin with a case study of industries in Cornwall where exploration projects for lithium, tin and tungsten offer the opportunity for […]

Metals & Minerals News

Condor Gold to fast track La India into production

Condor Gold’s cash balance increased to £5.5 million for the nine months ending 30 September 2020 compared with £3.6m for the same period in 2019 at its La India project in Nicaragua. In its unaudited results for three and nine months ending 30 September 2020, the precious metals miner added it was fast tracking the […]

Metals & Minerals News

Hummingbird extends Dugbe gold licence

Hummingbird Resources plc’s acquisition of the Central licence has increased its Dugbe gold project in southern Liberia to 2,565km2. BUKON JEDEH The new 210km2 area forms the core to the southern part of the project and includes Bukon Jedeh located 8km southeast of Dugbe’s large Tuzon deposit. Pasofino Gold Ltd has an earn in option […]

Equipment & Logistics Metals & Minerals News

Power Metal drills at Silver Peak despite winter weather

Power Metal Resources plc said it had overcome bad weather by using smaller equipment to start diamond drilling at its Silver Peak project in British Columbia, Canada. CONDITIONS The company had expected to start a 500-metre confirmatory diamond core drill programme to test the Victoria vein. However, poor weather has prevented the drilling rig and […]

News Oil & Gas

UKOG starts test at Horse Hill for increased oil flow

UK Oil & Gas plc (UKOG) has completed surface-based intervention operations at Horse Hill-1 well (HH-1) which has now been shut in for a long term pressure build-up test (PBU). The company, which owns 85.635% of HH-1, said that the test would provide the data necessary to understand whether the Portland reperforation programme had achieved […]