Finance News Oil & Gas

Helium One raises £2,840 via warrant exercise

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Helium One Global raised £2,840 after receiving notice to exercise warrants over 100,000 ordinary shares at a price of 2.84 pence per share.

The warrant shares will rank pari passu with the existing ordinary shares.

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Power Metal intersects Molopo superconductor

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Power Metal Resources plc has intersected the targeted steeply dipping geophysical superconductor at Molopo Farms Complex, southwest Botswana. ANALYSIS The company is targeting a district-scale nickel and platinum group element (PGE) discovery at the project. Diamond drilling on DDH1-14C began in February and has now completed to a final depth of 832.6 metres at the high priority […]
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Scotgold misses Q1 production guidance at Cononish

Posted on Author editorial

Scotgold Resources Ltd recorded Q1 production lower than guidance at the company’s gold and silver Cononish mine, near Tyndrum in Scotland. PRODUCTION Gold production totalled 1,257 gold ounces (guidance of 1,400 – 2,200 oz) and process plant feed throughput was some 3,000 tonnes. Circa 8,600 tonnes of ore was mined and transferred to run of mine […]
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EGT encouraged by Limni sampling

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European Green Transition plc reported “encouraging” results from diligence sampling at its copper tailings recycling option at the past producing Limni mine in western Cyprus. PROGRESS From 68 samples, the company found acid soluble copper ranging from 0.41% to 0.92% in crusts, “clearly” demonstrating the presence of copper in water at surface. EGT said that […]