Rockhopper Exploration plc said that the reserves category had been reclassified from contingent resources for its Sea Lion field in the North Falkland Basin. FPSO An independent technical report from by Netherland, Sewell & Associates, Inc. follows the final investment decision in December 2025, and is effective from the same date. The figures cover phases […]
Month: September 2026
Nativo issues 120m new shares
Nativo Resources plc has issued 120 million new ordinary shares of nominal value £0.0015 to Axis Capital Markets Ltd under an at-the-market facility. FUNDS The company said that the ATM, of up to £5 million on a gross proceeds basis, replaces the previous at the market facility. The facility provides a “flexible mechanism to seek […]
Botswana refines copper targets in Ngamiland
Botswana Minerals plc has started refining and rating the “most promising targets” on its copper licences, covering 7,074 km², in Ngamiland, northwest Botswana. DATA The work, using artificial intelligence, will result in identifying drill targets and “concealed mineral systems” on the company’s acreage which lies under “thin cover” within the Damara Belt. “Ngamiland is important […]
Cadence issues 12m new shares
Cadence Minerals plc has issued 12 million new ordinary shares to the Rare Earth Minerals Employee Benefit Trust, at a price of one pence per new ordinary share. TVRs The move follows a subscription by the trustee of the EBT, JTC Employer Solutions Trustee Ltd, for £120,000. Following admission of the EBT shares, the EBT […]
Alba advances to 13.8m at Clogau
Alba Mineral Resources plc completed another blast this week and advanced 1.4 metres, reaching a total 13.8m, on level 5 at Clogau-St David’s gold mine in North Wales. CONCENTRATOR The company has also started reviewing its previously commissioned underground survey to revise the existing underground model, which will include the advances on level 5. Alba […]
Focus reviews portfolio and new projects
Focus Xplore plc has started to review its existing interests and evaluate a “range of new exploration opportunities”. FINANCES The company’s current exploration portfolio covers uranium, lithium and selected rare earth elements (magnet metals) in Ontario, Canada. The review follows last month’s board resignations and appointments, while the company expects to appoint an additional director. Focus […]