Central Asia Metals plc has, after five year’s ownership, repaid the $187 million debt it needed to acquire the Sasa zinc-lead mine in North Macedonia. FINANCES The company is marking its fifth anniversary with a list of achievements during that time period. On 6 November 2017, Central Asia Metals bought Sasa, which began production in […]
Tag: environment social and governance (ESG)
Hummingbird starts external audit for Y3 RGMPs
Hummingbird Resources plc said that the external assurance audit had started for the Year 3 World Gold Council (WGC) responsible gold mining principles (RGMPs) requirements. OUTCOME The company began the audit during Q2 2022 as reported in its operations and financial report. Hummingbird added it had a dedicated ESG team and external consultants in place […]
Horizonte agrees community training for Araguaia
Horizonte Minerals plc has signed an agreement with Brazil’s national industrial training provider to train host communities in skills for the Araguaia nickel project. AGREEMENT The company said that the two-year agreement with Serviço Nacional de Aprendizagem Industrial (SENAI) was a key component of Araguaia’s local content initiative. The partners will train and develop local community […]
Neptune awarded gold medal status by EcoVadis
Neptune Energy said it has been awarded gold medal status from environment, social and governance (ESG) ratings organisation, EcoVadis. RANKING The oil and gas exploration and development company added it had been placed in the top 5% of all 95,000 global companies assessed by the organisation. Areas assessed include companies’ policies, environment, labour and human […]
i3 Energy publishes first annual ESG report
i3 Energy plc has published its first annual environment, social and governance (ESG) report for its oil and gas operations in the UK North Sea and Alberta, Canada. EMISSIONS A total of 82% of i3’s production is gas and natural gas liquids. i3 said it was committed to being net zero for Scope 1 and Scope […]
Orcadian submits concept to cut offshore emissions
Orcadian Energy plc said it had submitted its final report into Central North Sea electrification to the area’s operators and the North Sea Transition Authority. FLOATING WIND TURBINES & HUBS The company’s ‘microgrid concept’ aims to reduce carbon emissions to ensure that the oil and gas are as sustainable as possible. “Orcadian and its consortium […]