Metals & Minerals News

Altona to start Monte Muambe rare earths exploration

Altona Rare Earths plc said it hoped to start its first exploration work by the end of September in Mozambique. FINANCE In its audited final results for the year ended 30 June 2021, the company also announced that expenditure totalled £733,000 (FY20: £225,985), reflecting Altona’s new strategy of investments into rare earths projects in Africa […]

Company Moves Metals & Minerals News

Cornish Tin appoints Christopher Mcmellon as secretary

Cornish Tin Ltd has appointed Christopher Mcmellon as secretary. Companies House recorded the appointment on 26 April. The Truro-based mining company, which changed its name from Osprey Mining Ltd in November 2020, is working on the Great Wheal Vor project near Breage near Helston, Cornwall.

Finance Metals & Minerals News Oil & Gas

Red Rock Resources raises £7,352 via warrant exercise

Red Rock Resources plc has raised £7,352.94 following notices to exercise warrants over 980,392 new ordinary shares of 0.01 pence each in the company. The warrant shares are being issued pursuant to the exercise of 980,392 warrants into shares at an exercise price of 0.75 pence per share.

Equipment & Logistics News Oil & Gas

Helium One appoints Mitchell Drilling for Rukwa

Helium One Global Ltd has appointed Mitchell Drilling Ltd as drilling contractor for the first three-well exploration programme at its 100% owned Rukwa project in Tanzania. FAST TRACK The Australian operator, with more than 50 years’ experience and 115 rigs globally, will mobilise a drill rig already within Tanzania before starting work in mid-May. The company has the option […]