Metals & Minerals News

Red Rock abandons three Côte d’Ivoire licences

Red Rock Resources plc has dropped three gold licence applications in Côte d’Ivoire after regulatory changes limited the number of licences to four per applicant. GUARDIAN METAL The company holds two licences covering 725.44km2 and two applications for a total 1,404.86 km2 in an area around the capital Yamoussoukro. The three abandoned applications are in […]

Finance Metals & Minerals News

Red Rock granted second gold licence in Côte d’Ivoire

Red Rock Resources plc has been granted a second gold licence, for an initial four years, in Côte d’Ivoire. YAMOUSSOUKRO Covering 380.94km2 in the departments of Yamoussoukro and others, the licence is one of · the company’s four applications totalling 1,404.86km2 south of the capital Yamoussoukro. The project lies 245km north of Abidjan, 10km northwest of […]

News Oil & Gas

Tullow signs Côte d’Ivoire PSC licence

Tullow Oil plc has signed a production sharing contract (PSC) for exploration licence CI-803, offshore Côte d’Ivoire. STRATEGY The company will be the operator with 90% equity while PetroCi* holds 10% Licence CI-803 covers 1,345 km2 and is next to licence CI-524 which is Tullow also operates on the same interest with PetroCi. Tullow said […]

Metals & Minerals News

Red Rock applies for gold exploration licences in Côte d’Ivoire

Red Rock Resources plc has applied for five gold exploration permits through wholly owned subsidiary LacGold Resources SARLU in Côte d’Ivoire, West Africa. LICENCES The licences cover a total area of 1,907.07km2 with each application located on a known regional shear zones where gold mines are operating. Red Rock said that all the applications have […]