Harbour Energy plc plans to cut 250 jobs at Aberdeen, equivalent to a quarter, because of a fall in investment in the oil and gas industry as a result of the government policies. CHALLENGES In a statement today managing director of the company’s UK business Scott Barr said: “Harbour is launching a review of its […]
Day: 19 June 2025
Drilling begins on ‘quality’ targets at Golden Rose
Ormonde Mining plc’s investee has started a 1,800-metre drilling campaign to test for the first time a “pipeline of quality exploration targets” at the Golden Rose copper-gold project in Newfoundland. REVIEW The company owns 36.3% of project owner TRU Precious Metals Corp while Eldorado Gold Corporation holds an option over Golden Rose. TRU’s programme is […]
United raises £140,000 via placing
United Oil & Gas has raised gross £140,000 through a placing of 100 million new ordinary shares of £0.0001 each at a price of 0.14 pence per share with an existing shareholder. TVRs The placing utilises the company’s current remaining share issuance authority, excluding existing warrants. Following admission, United’s total issued share capital will comprise […]