Tungsten West plc recorded a loss of £5.1 million and increased spending to £6.4m during the first half of 2022 at its Hemerdon tin-tungsten project near Plymouth in Devon. EXPECTATIONS The group’s H1 results for the six months ended 30 September 2022 were marked by the departure of co-founder and chief executive Max Denning and […]
ESG
Neptune donates £500,000 to The Childhood Trust
Neptune Energy said it would donate £500,000 to help children living in poverty this winter in London. VULNERABLE CHILDREN Employees of the company, which has its headquarters in the capital, will also volunteer on projects supported by The Childhood Trust as part of the charity’s Christmas appeal. The Trust’s campaign aims to help some 50,000 […]
Flintridge risked lives from rock fall and drowning
Flintridge Resources Ltd was fined £120,000 after pleading guilty to exposing mine workers to risks from rock fall and drowning in Cavanacaw gold mine near Omagh, Northern Ireland. UNSTABLE In mid-November, the Health and Safety Executive Northern Ireland (HSENI) prosecuted the company at Dungannon Crown Court for health and safety failings. “In July 2018, mine […]
Predator directors’ share options-loan raise £1.25m
Predator Oil & Gas Holdings plc’s directors have raised a total £1,256,880 through the exercise of share options and a loan. SHARE OPTIONS The exercise notices are from executive directors Paul Griffiths for 7,855,486 share options and Lonny Baumgardner for 7,855,486 share options issued to them in the company’s unapproved share option schemes between 2018 […]
Neptune donates £100,000 to help rough sleepers
Neptune Energy has for the second year made a donation to Sheltersuit UK to help rough sleepers. ESSENTIAL SUPPORT The company said that the £100,000 donation would provide some 1,500 Shelterbags and pay the wages two Sheltersuit employees who came to the UK as refugees. “With the number of people sleeping on London streets rising, […]
Horizonte secures renewable power for Araguaia
Horizonte Minerals plc has secured long-term renewable power at a low cost for its 100%-owned Araguaia nickel project in Pará state, Brazil. SUPPLIERS The company awarded the power purchase agreements to “a subsidiary of a global AAA rated energy company” and Casa dos Ventos Comercializadora de Energia S.A. (CDV). CDV holds the largest portfolio of […]