Altus Strategies plc has started a 135 line km induced polarisation (IP) and gradient array geophysical survey at its 100% owned Agdz copper-silver project in central Morocco. PROSPECTS Agdz lies 14km southwest of the Bou Skour copper and silver mine operated by Moroccan state mining group Managem. The survey will be over 14km2 and aims […]
Tag: extractive industries
Edenville Energy appoints Franco Caselli as NED
Edenville Energy plc has appointed Franco Caselli as a non-executive director with immediate effect. Mr Caselli has more than 40 years’ experience in the energy sector having previously worked with majors ENI, Fina, BP and Norsk Hydro and with US and UK independents OXY, Hunt Oil and Heritage. He has worked in Southern Europe, Africa, […]
Alba increases drill holes and depths for TBS ilmenite
Alba Minerals Resources plc has completed its planned drilling programme, doubling the number of drill holes for greater depths at the Thule Black Sands (TBS) ilmenite project in Greenland. DRILL FENCES Through its subsidiary White Eagle Resources Ltd, the company aims to expand and upgrade the resources defined during the 2018 drilling campaign. A total […]
Neptune Energy starts production at Duva
Neptune Energy today announced the start of production from the Duva development in the Norwegian sector of the North Sea. DUVA The company is the operator with partners Idemitsu Petroleum Norge, PGNiG Upstream Norway and Sval Energi. Duva was developed as a subsea installation with three oil producers and one gas producer, tied back to […]
Altus completes first closing on NSR for Caserones copper
Altus Strategies plc has completed the first closing of its agreement to acquire an effective 0.418% net smelter return royalty (NSR) interest on the producing Caserones copper mine located in the Atacama region of northern Chile. AQUISITION The mining royalty company is acquiring the NSR interest for $34.1 million through a strategic 50:50 partnership with […]
Kavango extends licence area and starts double shift at KSZ
Kavango Resources plc has extended its licence area to 8,751.7km2 and started double shift drilling in its exploration programme for copper-nickel-PGM rich sulphide ore bodies in the Kalahari Suture Zone (KSZ) in Botswana. LICENCES The company was awarded two further three-year PLs in the KSZ covering a combined 1,258km2 with the option of two two-year renewal […]