Altona Energy plc announced that Christian Taylor-Wilkinson has been made Altona’s full-time CEO. Mr Taylor-Wilkinson has represented the board as a non-executive director since 1 February 2019 and interim chief executive since 20 March 2020. The company said that for the past 12 months he has been the main driver of its new rare earths […]
Tag: extractive industries
Scotgold makes first gold pour on St Andrew’s Day
Scotgold Resources Ltd announced its first gold pour at the Cononish gold and silver mine in the Scottish Grampian Mountains area. The gold exploration company achieved the milestone on St Andrew’s Day yesterday (30 November). Scotgold said it would now increase production at Cononish to design level early in 2021 to become Scotland’s first commercial […]
ICL Boulby polyhalite output rises 10% and sales 49%
ICL Boulby announced a 10% increase in production at its East Cleveland polyhalite mine while sales rose 49% during the third quarter of 2020 compared with the same period last year. The company said the figures for its multi-nutrient mineral polyhalite were new monthly processing records for September and October. General manager and vice president Andrew […]
UKOG looks to appeal against Loxley refusal
UK Oil & Gas plc said it would likely appeal against Surrey County Council’s refusal to grant permission for gas appraisal at its PEDL234 licence in Loxley. ISSUES The council’s planning committee ruled against officers’ recommendations to approve the company’s 100% owned Portland gas appraisal project. UKOG said that all issues concerning planning, environmental and […]
Parkmead remains “robust” despite gas revenue losses
The Parkmead Group plc reported a loss in revenue and profits but an increase in assets in its preliminary results for the year ended 30 June 2020. FINANCES Revenue halved for the period to £4.1m (2019: £8.3m) and gross profit fell to £1.3m (2019: £5.7m). Pre-tax profits before tax and non-cash impairment charges were £0.8m. […]
Power Metal stops drilling before snows at Silver Peak
Power Metal Resources plc said it had managed to complete six diamond drill holes and collect rock chip samples before the snows fell at its Silver Peak project in British Columbia, Canada. Chief executive Paul Johnson added that the operating conditions were “very challenging”. The local team used “man-portable” equipment after the weather conditions proved […]