Company Moves Metals & Minerals News

RRAL appoints David Holden as board director

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Red Rock Resources Australasia Pty Ltd (RRAL) has appointed exploration manager David Holden as a new board director.

Mr Holden has extensive geological and public company experience, at both CTO and CEO level.

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Ascent secures non-recourse funding for Slovenia claim

Posted on Author editorial

Ascent Resources plc announced it had signed a binding damages-based agreement for its arbitration claim against the Republic of Slovenia. ARBITRATION Ascent said that the agreement was with Enyo Law LLP who filed the notice of dispute and represented the company in the pre-arbitration negotiations. The agreement will start arbitration proceedings against Slovenia under the […]
Finance Metals & Minerals News

NAE Lochinvar remains ‘commercially robust’

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New Age Exploration Ltd said it had received a positive review of a 2014 scoping study, as previously updated in 2017, of its Lochinvar coal project. COSTS NAE owns 100% of three contiguous exploration and conditional underground mininglicences known as Lochinvar, Lochinvar North and Lochinvar South on the border of Scotland and England. A previously […]
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Angus plans expansion at Saltfleetby

Posted on Author editorial

Angus Energy plc reported steady production from the three producing wells of B2, A4 and B7T and plans for new wells at Saltfleetby gas field, east Lincolnshire. PRODUCTION Following a short duration plant outage, the company is exporting gas to the National Grid at a combined average daily rate of 9.5 mmscfd, reaching peak flows […]