Central Asia Metals plc (CAM), which has copper interests in Kazakhstan, urged the government to encourage further investment by retaining low taxes. Chief executive Nigel Robinson was speaking at the Mining and Resources Deep Dive session at the virtual Kazakhstan Global Investment Forum during October. Mr Robinson said that while CAM had been successful in […]
Author: editorial
IOG to drill for southern North Sea gas in Q1
Independent Oil and Gas plc (IOG) said it was due to start drilling for gas in the Southern North Sea during the first quarter of 2021 and produce first gas during Q3. Today’s news comes as IOG, operator of its joint venture with CalEnergy Resources (UK) Ltd, awarded the rig contract for its core project […]
Alba starts surface drilling at Clogau gold mine
Alba Mineral Resources plc said it had started surface drilling after completing its underground drilling programme and bulk sampling at Clogau-St David’s Gold Mine in Snowdonia National Park, North Wales. The metals and critical minerals mining company reported that underground drilling programme had involved seven drill holes for a total of 559.5 metres and which […]
Premier Oil creditors support proposed Chrysaor merger
Premier Oil plc said it had received support from each class of its creditors for the offshore company’s proposed merger with Chrysaor Holdings Ltd. The creditors have entered into a binding support letter for the deal which will also see a reorganisation of Premier’s existing financial arrangements. In October 2020, Premier announced the proposal following […]
Cornish Lithium appoints Varshan Gokool as CFO
Cornish Lithium Ltd has appointed Varshan Gokool as its chief financial officer. Mr Gokool will assist in the development of lithium projects in Cornwall in an economically and financially robust framework. He has more than 22 years experience in guiding publicly listed mining companies from project definition through to development and construction. Mr Gokool was most […]
Cornish Metals appoints John McGloin as NED
Cornish Metals Inc has appointed John McGloin to the board as a non-executive director. Mr McGloin currently serves as a non-executive director of Perseus Mining Ltd, and Amphi Capital Ltd, a non-executive independent director of Caledonia Mining plc, and the non-executive chairman of Oriole Resources plc, and is the former chairman and chief executive of […]