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 […]
Month: September 2026
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 […]
Metals issues 6m new shares
Metals Exploration plc has issued 6,099,128 new ordinary shares of £0.0001 each, following an exercise of options, at an average price of £0.0665 each, for an aggregate of £405,750.56. TVRs Following admission, the company’s issued share capital will comprise 3,285,555,158 ordinary shares, of which 299,385,458 ordinary shares are held in treasury. The total number of […]
First Class raises £1m
First Class Metals plc has raised gross £1 million through a placing of 26,315,790 new ordinary shares, at a price of 3.8 pence per share. TVRs The placing price is a 9.5% discount to the bid closing price of the company’s shares on 8 June 2026. The company will also issue over 909,090 new ordinary shares, in […]