Critical Mineral Resources plc has offered its condolences to those affected by the earthquake in Morocco. “The company was deeply saddened to hear the news of the earthquake that occurred in Morocco on Friday, 8 September and expresses its condolences to all those affected,” said the company in a statement. “CMR will be supporting and […]
Tag: Morocco
Predator extends sympathy over Morocco earthquake
Predator Oil & Gas Holdings plc has extended its sympathy to those affected by the earthquake on 8 September in Morocco. The earthquake struck below villages in the High Atlas mountains south of Marrakesh, with some 2,500 to date reported killed. “The company is terribly sorry to have received the news Friday night and over […]
Caerus changes name to Critical Mineral Resources
Caerus Mineral Resources plc has changed its name to Critical Mineral Resources plc, effective from today. Chief executive officer Charlie Long said that the new name reflected the company’s evolved strategy. The company, whose market ticker will remain CMRS, recently entered the Moroccan battery metals sector.
Caerus drops Saudi Arabia option for Morocco
Caerus Mineral Resources plc has turned down a battery metals option in Saudi Arabia in favour of an 80% acquisition of a local exploration company in Morocco. JURSIDICTION At today’s general meeting, executive chairman Chris Lambert said that shareholder EV Metals Group’s subsidiary in Saudi Arabia would have drained Caerus’ resources due to the early […]
Altus to sell Moroccan copper-silver subsidiary to Eastinco
Altus Strategies plc said it is to sell its 100% owned Moroccan-focused copper-silver exploration subsidiary Aterian Resources Ltd to Eastinco Mining and Exploration plc. METALS Aterian is advancing assets of 15 primarily copper and silver exploration projects. Eastinco has a portfolio of tantalum exploration and development projects in Rwanda. TERMS Altus said yesterday it had […]
Europa expects Inezgane to live up to its promise
Europa Oil & Gas (Holdings) said it hoped to build on initial encouraging results from the Inezgane licence near Agadir, Morocco after the company was granted a one-year extension to its permit. The hydrocarbon exploration, development and production company has so far mapped up to 10 billion barrels of unrisked oil resources. Morocco’s National Office […]