West Cumbria Mining Ltd (WCM) today urged Cumbria County Council to support once more the company’s plans for a metallurgical coal mine off the Cumbrian coast. The company’s comments follow yesterday’s (9 February) announcement by the local authority to return the application to its Development Control and Regulation Committee for redetermination. bit.ly/3tJEzGz The council referred […]
Tag: extractive industries
WCM plans for deep coal mine under fresh scrutiny
West Cumbria Mining (WCM)’s plans for a coking coal mine will be reconsidered by the local authority which cited new government guidelines on greenhouse emissions for its decision. CLIMATE CHANGE The company, backed by Australian investment company EMR Capital Resources, hopes to start extracting coking coal in mid-2022 off the Cumbrian coast near Whitehaven. WCM’s […]
Block restarts oil production at West Rustavi
Block Energy plc has restarted production from WR-38Z and WR-16aZ wells at West Rustavi oil field in Georgia. TIE BACK Oil and gas flowed through its new in-field flowline to its early production facility (EPF) in the West Rustavi field at the WR-16aZ wellsite. Gas is separated in the EPF from the crude oil before […]
Red Rock quickens to drill stage in Luanshimba
Red Rock Resources plc said it intended to speed up progress towards drilling at its 80% owned copper-cobalt Luanshimba licence in the Democratic Republic of Congo (DRC). The announcement followed further positive results from the ground geophysics programme at the site. The natural resource development company said that the first two phases of the programme […]
Power Metal raises £75,450 via warrant exercise
Power Metal Resources plc received £75,450 following notices to exercise warrants over 8,860,758 new ordinary shares of 0.1 pence each in the company. Exercise of 3,597,600 warrants was at 1.0 pence per ordinary share and 5,263,158 warrants at 0.75 pence per ordinary share. Following admission, the company’s issued share capital will comprise 1,109,337,130 ordinary shares of […]
IOG appoints David Gibson as COO
Independent Oil and Gas plc has appointed David Gibson as its chief operating officer (COO) effective from yesterday (8 February). Mr Gibson has extensive North Sea engineering and project management experience over nearly 30 years in the energy industry. This includes Foster Wheeler Wood Group, Amec, Marathon Oil UK Ltd, TAQA Bratani, and most recently […]