Cornish Metals has appointed its chief financial officer Matthew Hird as a director. Companies House reported the change effective from 27 October 2023.
Tag: extractive industries
Cadence Minerals CEO increases shareholding
Cadence Minerals plc chief executive and director Kiran Morzaria increased his holding in the company by 100,806 ordinary shares each for 0.074 pence. Following the purchase, Mr Morzaria now has 1,573,240 ordinary shares in Cadence. Finance director Donald Strang owns 957,545 ordinary shares; non-executive chairman Andrew Suckling 381,602; and non-executive director Adrian Fairbourn 731,005.
GreenRoc PEA shows 22 years for Amitsoq mine
A 22-year mine life, with potential to increase by expanding resource, is forecast for GreenRoc Mining’s graphite project at Amitsoq in southern Greenland. ECONOMICS SLR Consulting Ltd’s NI 43-101 preliminary economic assessment (PEA) includes average annual production of 77,000t of concentrate at a minimum 94% grade. The mine plan assumes mining from only the lower graphite […]
Serica Energy looks to redevelop Kyle oil field
Serica Energy plc has been awarded 100% of block 29/2a, containing the decommissioned Kyle oil field, in the UKCS 33rd offshore licensing round. STUDIES The North Sea Transition Authority made the award to the company’s subsidiary Tailwind Energy Chinook Ltd, subject to licence documentation. Serica said its internal preliminary mid-case estimate of recoverable resources after […]
Peak Nickel appoints Michael Quigley as director
Peak Nickel Ltd has appointed Michael Quigley as a director, effective from 20 October. Mr Quigley joins directors Stewart Lockwood, Anne Marie Mackenzie and Christopher Mackenzie. In September, Brian Timmons resigned as a director from the Sheffield-based company.
Red Rock raises £500,000 via CLNs
Red Rock Resources plc raised £500,000 from issuing convertible loan notes, each at a price of £10,000. As of 19 October, £210,000 had been raised before expenses by subscription to 21 notes, closing the first tranche of the notes issue. The company will use net proceeds for its gold project in Kenya, lithium assets in […]