Chesterfield Resources plc losses widened as the company continued field activities at its copper-gold portfolio in Cyprus and Canada. FINANCES The company’s interim results for the first half of 2022 showed pre-tax losses of £491,607 (H1 2021: £433,538). The group’s net cash balance as at 30 June 2022 was £663,226 (H1 2021: £1,504,973). Administration costs rose to £536,739 (H1 2021: £433,538). Chesterfield recorded revenue […]
Tag: company results
Galantas feels cost pressures but cuts losses
Galantas Gold Corp has reduced losses but recorded no sales revenue as it experiences pressure from fuel, energy and labour costs at its gold mine at Cavanacaw in Omagh, Northern Ireland. FINANCES The Canadian company’s results for Q2 2022 showed net loss as CAD$1,580,168 (Q2 2021: $2,888,568). Galantas made a cash loss from operating activities […]
Harbour Energy reports strong finances
Harbour Energy plc reported a strong financial performance for the first half of 2022 due to high oil and gas prices and gains in foreign exchange. FINANCES Harbour reported total revenue and other income of $2,670 million (H1 2021: $1,496m). Operating costs per barrel were $14.2/boe (H1 2021: $15.0/boe) with the decrease driven primarily by […]
Deltic to take advantage of energy tax
Deltic Energy plc said it had during the first half of 2022 made considerable progress and is looking for additional partnerships for its Southern and Central North Sea portfolio. FINANCES The company added that its interim results for the six months to 30 June 2022 showed that its business model was a success. Deltic recorded […]
Neptune Energy’s profits rise to $761.7 million
Neptune Energy announced profits of $761.7 million (£627m) in the first six months of 2022 from its portfolio of oil and gas operations. OPERATIONS The H1 2022 profits are more than a seven-fold increase from H1 2021 at $100.3m. The company’s financial results for the first half of 2022 showed a strong financial performance supported […]
GreenRoc increases activities at graphite-ilmenite assets
GreenRoc Mining plc’s reported a rise in group losses with increased activities at its Amitsoq graphite and Thule Black Sands (TBS) ilmenite deposits in Greenland. FINANCES GreenRoc’s subsidiary companies include Obsidian Mining Ltd, White Eagle Resources Ltd and White Fox Resources Ltd. Alba Mineral Resources plc holds a 54% interest in the group. GreenRoc, incorporated […]