Rockhopper Exploration plc will not receive the second tranche payment in its arbitration with Italy which has had the award annulled. INSURANCE The company, focused on the North Falkland Basin, said it intended to make a claim under its October 2024 insurance policy. The proceedings relate to Italy’s 2015 ban on oil and gas exploration within 12 […]
Day: 8 July 2025
GreenRoc revises MRE for Thule ilmenite
GreenRoc Strategic Materials plc’s revised mineral resource estimate shows increased confidence for its Thule Black Sands ilmenite project in North Greenland. REFINEMENT The MRE focused on the South Area, being the largest of three on the 8km long licence. The 2019 figure consisted of inferred resources whereas 90% of the 2025 resource falls within the […]