Predator Oil & Gas Holdings plc has raised £1.3 million before expenses after conditionally placing 26,000,000 new ordinary shares at 5 pence each. The company said that the placing was significantly oversubscribed.
Tag: extractive industries
Kavango-Power Metal extend Morula
Kanye Resources plc announced encouraging results from soil sampling at the South Ghanzi project in the Kalahari Copper Belt (KCB), Botswana. The company is a 50-50 joint venture between operator Kavango Resources plc and Power Metal Resources plc with both sharing exploration costs. Kavango extended infill soil sampling from 5.5km to 11km which led to […]
Horizonte further derisks Araguaia for ESG compliance
Horizonte Minerals plc has further de-risked its 100% Araguaia ferronickel project to ensure compliance with Equator Principles (IV) and International Fianance Corporation Performance Standards. Examples of work started include the resettlement action plan, social communication programme, safety improvements for school communities along the PA-449 highway and the Local Development Agenda programme. Horizonte’s environmental and social […]
Horizonte on course for construction at Araguaia
Horizonte Minerals plc said it had made significant progress ahead of construction at its Araguaia ferronickel project in Brazil. The company has conducted competitive tendering for the supply of approximately US$230 million of key processing equipment and project management (EPCM) services. These include crushers, conveyors, electrical, dryer, kiln, dust collection and refinery;electric furnace and calcine […]
Power Metal signs earn-in options for Quebec lithium
Power Metal Resources plc has signed an earn-in agreement with the option to acquire a 100% interest in two lithium pegmatite exploration properties in Quebec, Canada. TERMS The company may earn in to a 100% interest of Authier North and Duval East in the prolific Val d’Or mining camp 45km northwest of the city and […]
Altona appoints Cédric Simonet as COO
Altona Rare Earths plc has appointed Cédric Simonet as chief operating officer with immediate effect. Mr Simonet became a non-executive director of the company in December 2020 before which he had been consultant geologist since July 2020. He is a French national who graduated from Universite Blaise Pascal with a Masters in Geology in 1995, and […]