Critical Mineral Resources plc independent non-executive director Adrian England will leave at the end of December. Mr England joined the company in December 2022. “Whilst Adrian will continue to serve the company until this date, the board would like to thank Adrian for his contribution to CMR and that he will leave with the company’s […]
Tag: extractive industries
Red Rock to export 200 tons lithium ore from Zimbabwe
Red Rock Resources plc said it had prepared 200 tons of lithium ore for export from its operations in Zimbabwe. BUSINESS GROWTH The first truck has left Harare for the port of Beira in Mozambique destined for a buyer and destination unnamed by the company. “We are now beginning to export lithium ore from Zimbabwe and […]
United Oil & Gas CFO Peter Dunne to leave for daa
United Oil & Gas plc executive director and chief financial officer Peter Dunne will leave after 18 months with the company for a new post. He will become CFO with daa.plc, previously known as Dublin Airport Authority, expected during the first quarter of 2024. “Peter has made an outstanding contribution to United since he joined […]
Tullow Oil signs $400m debt facility with Glencore
Tullow Oil plc has secured a $400 million five-year debt facility and off-take contracts with Glencore Energy UK Ltd. BUSINESS PLAN The Africa-focused company will be able to draw down funds over a period of 18 months to manage its senior notes maturing in March 2025. Tullow has also signed oil marketing and offtake contracts with Glencore for […]
Tungsten West appoints Alistair Stobie as CFO
Tungsten West plc has appointed Alistair Stobie as chief financial officer effective on 13 November. Mr Stobie has worked with AIM-listed businesses within the energy and natural resources sector and raised capital within various markets. He was CFO at oil and gas company Octavia Energy, before holding the same post at Hurricane Energy plc which […]
Scotgold director and largest shareholder resigns
Scotgold Resources Ltd’s largest shareholder and director has resigned after nearly 10 years over conflicting interests with the company. REGRET Nathaniel le Roux is the major secured creditor of the company’s subsidiary, SGZ Cononish Ltd operating the gold-silver mine near Tyndrum. Scotgold, which is considering going into administration after financing talks failed, is evaluating the […]