Metals & Minerals News

Kanye identifies extensive anomalies at South Ghanzi

Kanye Resources said it had identified extensive anomalies including seven AEM conductive targets at the South Ghanzi copper-silver project in the Kalahari Copper Belt, Botswana. SJV Kanye is a 50-50 strategic joint venture between Power Metal Resources plc and site operator Kavango Resources plc who have each set up holding companies; Kanye Resources Pty Ltd […]

News Oil & Gas

IOG to support university CCS research

IOG plc said it would be supporting university research into carbon capture and storage (CCS) and other renewable opportunities across its gas assets at Bacton in the Southern North Sea (SNS). The company, which on 27 April changed its name from Independent Oil & Gas, has signed a collaboration agreement with GeoNetZero CDT at Heriot-Watt […]

News Oil & Gas

Helium One cleared to start drilling at Rukwa

Helium One Global Ltd has received environmental approval for a planned exploration drilling programme at its wholly owned Rukwa project in Tanzania. The Environmental Impact Assessment (EIA) Certificate was signed on the 4 May giving the company all necessary permits to start drilling in early June 2021.  Chief executive David Minchin said that the award demonstrated […]

News Oil & Gas

Reabold completes offer for additional Victory interest

Reabold Resources plc said it had completed its offer for additional Corallian Energy Ltd shares, which could increase its interest from 36.87% to 49.99% in the Victory gas discovery, West of Shetland. The deal involves the acquisition of shares from existing Corallian shareholders in exchange for Reabold shares at a ratio of 474 Reabold shares […]