Western Gold Exploration Ltd’s latest sampling results continue to build a “compelling picture of an emerging gold district” at the Caledonian gold joint venture project in central Scotland. PROSPECTS The JV with Acrux Gold Ltd, which owns the Cononish gold mine in Argyll, holds two Crown Estate Mines Royal Option applications, of Lyon and Orchy, covering […]
Day: 16 September 2026
Union Jack investors to vote on ex-director’s reappointment
Union Jack Oil plc shareholders are due to vote on the reappointment of a former director to the board. REQUEST Craig Howie, initially appointed in April 2024 as a non-executive director, vacated the position on 12 January 2026, by a board resolution. During January 2026, Mr Howie also sent two purported requisition notices for a […]
Star raises £541,000 via retail offer
Star Energy Group plc has raised £541,152.90 via a retail offer of 3,607,686 shares at a price of 15 pence per share. ADMISSION The sum adds to the £8.5 million raised through a placing and subscription on 1 May, taking the total fundraise to £9.1m. The company has applied for the retail offer shares, 56,716,664 […]
Prospex appoints non-executive director
Prospex Energy plc has appointed Simon Ashby-Rudd as a non-executive director, with immediate effect. NED Andrew Hay will not stand for re-election at the company’s general meeting, expected in June 2026. Non-executive chairman Bill Smith said that Mr Hay had “ably served the company as a non-executive director since 2023”, adding: “Andrew’s contributions, insights and […]
Deltic agrees £7.2m cash sale to Neo Next+
Deltic Energy plc has agreed to a £7.2 million cash sale of its assets, notably its 25% interest in the Selene prospect, to the UK North Sea’s largest oil and gas producer, Neo Next+. QUALITY Each Deltic share will be sold at 7.7 pence in cash, which represents a premium of 156.7 % to the […]
Altona fluorspar-gallium MREs ‘revalue’ Monte Muambe
Altona Rare Earths plc has published a “transformative” JORC-compliant mineral resource estimates for fluorspar and gallium at its Monte Muambe project in Tete Province, northwest Mozamabique. TONNAGE Results showed 3.48 million tons at 20.6% calcium fluoride (CaF2) for 716,000 tons of calcium fluoride contained. The initial base case life of mine is 9.5 years at […]