Red Rock Resources plc has dropped three gold licence applications in Côte d’Ivoire after regulatory changes limited the number of licences to four per applicant. GUARDIAN METAL The company holds two licences covering 725.44km2 and two applications for a total 1,404.86 km2 in an area around the capital Yamoussoukro. The three abandoned applications are in […]
Tag: licences
Sunda applies for Philippines offshore licences
Sunda Energy plc has applied for two offshore licence areas in the Philippines containing “several material gas discoveries and significant upside potential”. STRATEGY The applications were made in a joint venture partnership with three other companies. If successful, the company expects to hold a 37.5% non-operated interest in any service contracts awarded. The applications were […]
Oriole renews Cameroon gold licences
Oriole Resources plc has secured a further two years for its five gold exploration licences within the Eastern Central Licence Package in the Adamawa and North regions, Cameroon. Held through the company’s 90%-owned subsidiary Oriole Cameroon SARL, the renewed licences represent a contiguous, district-scale land package covering 2,266km2. The Eastern CLP includes the flagship 80%-owned Mbe licence, […]
Neptune awarded four new licences in Gjøa area
Neptune Energy was today awarded four new licences, three as operator, located close to existing infrastructure in the Gjøa area of the Norwegian North Sea. SUSTAINABLE The award comprises PL1213 S (40% and operator), PL1211 and PL1219 (each 50% and operator) and PL1217 (20% and partner). Neptune is the operator of the Gjøa platform which serves […]
Cadence expects early grant of licences at Amapá
The Amapá iron ore mine in Brazil has progressed with the grant of licences expected in less than half the normal period and a lower risk rating for the tailings storage facility (TSF). LICENCES Cadence Minerals plc, with a 33% interest, said that the re-rating followed maintenance, reporting, drilling and compliance work carried out since […]
Reabold CPR bolsters farm-out plans for licences
Reabold Resources plc said its aim to farm-out its North Sea assets has been bolstered by a new competent person’s report (CPR). POTENTIAL RPS Group’s report covers licences P2464, P2504 and P2605, in which Reabold has a 100% working interest, and licence P2478 containing the Dunrobin complex (36%). Reabold acquired the licences in May 2022 […]