Metals & Minerals News

Red Rock maintains goal for mid-tier status

Red Rock Resources plc last year recorded modest improvements across its group’s interests in manganese, gold, copper and cobalt. FINANCES In its unaudited results for the six months to 31 December 2020, the company’s total equity increased by 20.4% to £16.659 million, following a 53.7% increase over the previous six months. Current and non-current assets together increased […]

News Oil & Gas

EnQuest revenues fall but recovery seen in Golden Eagle

EnQuest plc reported revenues and EBITDA* nearly halved by the end of last year, reflecting lower oil prices and the cessation of production at Heather, Thistle and Alma/Galia following the reorganisation in 2020. But the group, with operations in the UK North Sea and Malaysia, remains optimistic that its proposed acquisition of the Golden Eagle […]