Finance Metals & Minerals News

Kavango issues 36.6m shares

Kavango Resources plc will issue 36,596,469 new ordinary shares to Comarton Consultants (Private) Ltd ATF and six pension funds, under the Comarton managed pension funds investments consortium. TVRs The shares issue, at £0.01 per shares, follows those in April and September 2025 and in January 2026. The total number of Consortium pension funds invested in Kavango now […]

Company Moves Metals & Minerals News Oil & Gas

Corcel appoints new CFO

Corcel plc has appointed Leandro Schujmann as its new chief financial officer. Mr Schujmann replaces Scott Kaintz who stepped down on 31 March 2026 to pursue interests outside the company. “We would like to thank Scott Kaintz for his contribution to Corcel and wish him every success in the future,” said chief executive officer Scott […]

Finance Metals & Minerals News

Cornish Metals secures $210m senior bonds

Cornish Metals plc has completed an oversubscribed placement of US$210 million (£155m) of new six-year, callable senior secured bonds with a coupon rate of 13.5% per annum. FID The company said that the bond placement, completed on 6 May, had drawn strong investor demand across international markets, with support from international institutional funds and natural […]

Finance Metals & Minerals News

Arkle issues 64.2m shares

Arkle Resources plc will issue 64.2 million ordinary shares of €0.0025 each, following the exercise of warrants at £0.0035 per share. TVRs On admission, the company’s total issued share capital will comprise 1,585,310,997 ordinary shares, with voting rights. Arkle holds uranium exploration interests in Namibia, lithium in Botswana and Ireland as well as zinc also […]

Metals & Minerals News

Altona chairman increases shareholding

Altona Rare Earths plc non-executive chairman Harvey Sinclair has bought 154,995 ordinary shares of £0.01, at £0.032 per share. HOLDING The £4,959.84 purchase on 8 May results in Mr Sinclair’s beneficial holding increasing to 2,100,757 shares, representing 0.47% of the company’s issued share capital. Altona owns the Monte Muambe rare earth elements-fluorspar-gallium project in Mozambique and […]

Finance News Oil & Gas

JOG frustrated by slow progress at Buchan

Jersey Oil & Gas plc reported slow progress at Buchan Horst as it awaits proven compliance with government policy regarding scope 3 emissions for UK North Sea projects. TAX In its audited 2025 financial results, the company said it had yet to complete the effect of downstream, or end-use, emissions from its upstream operations in […]