Anglesey Mining plc has appointed Robert Douglas Hall as a non-executive director, with immediate effect. Former chief executive Jo Battershill has also stepped down as a NED of the company. “I would like to thank Jo for his service to Anglesey in recent years, both as chief executive officer and, more recently, as a non-executive […]
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Condor and Metals agree terms for acquisition
Condor Gold plc and Metals Exploration plc have agreed the terms and conditions to the Metals’ recommended offer for Condor. DIVERSIFICATION Announced two days ago, the offer is intended to be implemented by means of a court-sanctioned scheme of arrangement, although Metals reserves the right to a takeover offer. Completion of the acquisition, which includes the flagship […]
GreenRoc signs MoU with Morrow
GreenRoc Strategic Materials plc has signed a memorandum of understanding to collaborate and develop graphite active anode material (AAM) for batteries with Norwegian company Morrow Batteries ASA. FOUNDATION The company said it had also started the process of establishing a Norwegian-registered subsidiary, NorGraph AS, focused on work related to production of AAM for batteries. GreenRoc, […]
Tungsten West appoints Stephen Harrison as chairman
Tungsten West plc has appointed Stephen Harrison as its new non-executive chairman. He replaces David Cather who continues in his role of non-executive director of the company. Mr Harrison is currently chairman of building products manufacturer Epwin Group plc and a non-executive director of iron casting and machining group Castings plc. Until May 2023, he was chief […]
United to cut costs to ‘bare minimum’
United Oil & Gas plc is reviewing its cost structure as it awaits $620,000 in receivables from Egypt and talks suspend on the offshore Jamaica farm-out until the new year. EFFORTS Chief executive Brian Larkin met his counterpart of national oil company Egyptian General Petroleum Corporation (EGPC) regarding the outstanding payment from the Abu Sennan […]
Orcadian acquires HALO shares
Orcadian Energy plc has acquired for an undisclosed sum all of the ordinary shares of Hague and London Oil Offshore UK Ltd from the joint liquidators of Hague and London Oil plc (HALO). LOSSES HALO previously held a number of licences across the southern North Sea, including “participation” in wells on Pegasus and Andromeda and […]