Orcadian Energy plc said it had submitted its final report into Central North Sea electrification to the area’s operators and the North Sea Transition Authority. FLOATING WIND TURBINES & HUBS The company’s ‘microgrid concept’ aims to reduce carbon emissions to ensure that the oil and gas are as sustainable as possible. “Orcadian and its consortium […]
ESG
British Lithium ‘predicted to lead’ in GHG reduction
British Lithium Ltd claimed that “independent analysis predicted it would lead the world in greenhouse gas emission reduction (GHG)” with the company’s extraction technology and proposed mine in Cornwall. BENCHMARKING The company added in a statement that environmental, social and governance (ESG) risks were also likely to be significantly lower than those of existing lithium […]
Neptune to use renewable electricity for German assets
Neptune Energy will reduce emissions by more than 11,000 tonnes of CO2 per year after securing new renewable electricity supplies for its operated onshore assets in Germany. NORWAY The decrease is a 40% reduction in the company’s scope two emissions in the country. Neptune uses electricity from shore at its operated Gjøa field in Norway […]
CAML publishes 2021 sustainability report
Central Asia Metals plc has published its 2021 Sustainability Report covering group activities, the Sasa zinc-lead mine in North Macedonia and the Kounrad dump leach, solvent extraction and electro-winning copper recovery plant in Kazakhstan. CONTENTS The report is the company’s third and the second in accordance with Global Reporting Initiative (GRI) Standards ‘Core option’. Areas […]
Scotgold makes second cut and first notable revenues
Scotgold Resources Ltd reported the second cut, allowing access to reserve mine gold grade and greater future revenues, at its Cononish gold-silver mine near Tyndrum in Scotland. FINANCES H2 2021 The company reported the news in its interim results for the six months ended 31 December 2021. Revenues were A$6.4 million (£3.6m) compared with H1 […]
Tungsten West starts replacement tree planting
Tungsten West plc has started replacement tree planting at its tin-tungsten Hemerdon mine in Devon. SPECIES Many of the trees planted over the past seven years have failed to grow above the protective tubes because deer ate the saplings Landscape contractor H2 Environmental has installed 2.5km of deer fencing and YGS Landscaping will plant 448 […]