Borders & Southern Petroleum plc has issued 1,421,050 new ordinary shares of one pence each, after a warrants exercise at 10p per warrant share, for an aggregate £142,105. TVRs Following admission, the company’s total issued share capital will comprise 880,841,724 ordinary shares, each with voting rights. Borders does not hold any ordinary shares in treasury. The oil and […]
Day: 16 September 2026
Tungsten West secures $25m bridging loan facility
Tungsten West plc has agreed a US$25 million bridging loan facility with an entity controlled by its substantial shareholder Gregory Coffey, to progress the Hemerdon tungsten-tin mine project in Devon. CAPACITY The company also plans to “materially increase” production capacity, including “significant” additional capacity in the new build programme, “in response to recent market conditions”. […]
Botswana identifies copper targets with AI analysis
Botswana Minerals plc has identified 36 copper anomalies “grouped within six exploration corridors”, which contain clusters of anomalies, on two of its licences in Ngamiland, northwest Botswana. DATABASE The company said that the anomalies, identified using artificial intelligence, shared the geological characteristics of “several major operating and historical deposits”. Botswana continues to evaluate the remaining […]
Oriole returns multiple gold intersects at Mbe South
Oriole Resources plc has returned 30 gold mineralisations in the first three holes of its 2,500-metre step-out diamond drilling at the Mbe South orogenic gold deposit in central Cameroon. EXTENSIONS Results from MB01-S included 1.00m at 59.00 grammes per tonne gold from 58.40m in drill hole MBDD041. Hole MBDD040 showed 3.00m at 2.82g/t gold from […]
Fulcrum secures surface rights at Teck Hughes
Fulcrum Metals plc has secured five long-term surface rights over 270 acres around the Teck Hughes gold mine tailings recovery project in Ontario, Canada. STRATEGY The deal gives the company access to land and flexibility for “exploration activities, environmental studies, infrastructure planning and future development work”. Fulcrum said that the move was a “positive step […]