Serica Energy plc has completed repairs and scheduled maintenance to the Triton floating production storage and offloading vessel ahead of the restart of production, expected shortly. NEW WELLS The vessel had been beset with issues since December 2024, leading to a shutdown. “During the shutdown, extensive repairs to the inert gas marine system were completed, […]
Day: 8 July 2025
UKOG interim results delayed
UK Oil & Gas plc said its interim results to 30 March 2025 are delayed due to a previous delay in publishing its annual report and accounts for the year ended 30 September 2024. “The audit of the company’s 2024 annual financial statements is now well advanced and the company expects to publish the report […]
Rockhopper issues 1.25m shares
Rockhopper Exploration plc has issued 1,250,000 ordinary shares of one pence each following the exercise of share options by an employee. The shares were issued on 20 June 2025 under the company’s existing block listing entitlement. As at 30 June, Rockhopper’s issued ordinary share capital consisted of 645,213,765 ordinary shares of one pence each, with one vote per ordinary share. The […]
CRL finds silver mineralisation at Redmoor
Cornwall Resources Ltd has identified “elevated” silver concentrations associated with copper following re-analysis of pulp samples from previous exploration drilling, and a review of historical results. ECONOMICS The mineralisation is within the sheeted vein system, within the current Redmoor mineral resource estimate and in other mineralised zones. The review, part of the ongoing relogging and […]
Kavango to acquire Nara gold project
Kavango Resources plc has exercised its option, signed in June 2023, to acquire 100% of the Nara gold project in Matabeleland, Zimbabwe. LISTING The project comprises 45 contiguous gold claims, each of 10 hectares, and covers four historic mines as well as a tailings dump. Over two years, the company has conducted drilling programmes, ground […]
Kavango to process 50t/d gold at Bill’s Luck
Kavango Resources plc has started building a 50 tonne-a-day carbon in pulp (CIP) gold processing plant at the Bill’s Luck gold mine within its Hillside gold project in Zimbabwe. STOCKPILE The move follows the discovery last week of new gold “reefs”, which led the company to expect that the Bill’s Luck gold system is much […]