Oriole Resources plc has returned 23 mineralised intersections from step-out drilling at the MB01-S deposit, at its 50%-owned Mbe orogenic gold project in Cameroon. OWNERSHIP Partner and operator BCM International Ltd drilled 10 holes for 2,476.8 metres, and plans to complete the remaining five holes later this month. Results for drill hole MBDD044 included 27.20 metres […]
Day: 16 September 2026
Ormonde notes start of fieldwork at Golden Rose
Ormonde Mining plc investee has started the delayed 2026 fieldwork programme at its Golden Rose copper-gold project located in Central Newfoundland. PROSPECTIVITY The Limerick-based company owns 36.3% of TRU Precious Metals Corp., which is exploring along the Cape Ray – Valentine Lake Shear Zones. TRU will gather detailed and targeted data “along the step-out strike extensions” to […]
Fulcrum signs pilot plant contract for Teck-Hughes
Fulcrum Metals plc has signed a contract for a standalone pilot plant to process material from the Teck-Hughes gold tailings project in Ontario, Canada. COMMERCIAL Test Design Implement Solutions LLC (TDI)’s plant will process 2.4 tonnes of material per day, and use Extrakt Process Solutions’ cyanide-free technology to recover metals from mine waste. The plant […]
Deltic confirms Blue Concept exit from possible offer
Deltic Energy plc said its potential Norwegian purchaser Blue Concept Hld AS did not intend to make an offer for the company. SELENE The news follows Neo Next+ Energy Upstream UK Ltd’s £7.2 million cash offer on 7 April 2026 for the UK North Sea-focused explorer. The sale is expected to become effective during the […]
EnQuest agrees $833m acquisition of Malaysia PSCs
EnQuest plc has agreed an aggregate $833 million (£622m) purchase of four production sharing contracts offshore Malaysia, expanding its position in Southeast Asia. PRODUCTION The acquisition is through three separate farm-out agreements, covering the PSCs, with state-owned Petronas Carigali SDN. BHD. and E&P Malaysia Venture Sdn. Bhd. Of the total sum payable, $554m (£413m) is […]