Arkle Resources plc has visually logged secondary uranium mineral carnotite during its 1,500 metres reverse circulation drilling at Erongo in Namibia. EXPANSION The findings, which need to undergo laboratory tests to determine the uranium content, were logged in RC drill chips in three holes across two fence lines within licence EPL8995. Arkle has to date […]
Month: September 2026
Sunda issues 11.7 million new shares
Sunda Energy plc will issue 11,763,447 new ordinary shares of 0.1 pence each, following notice from Alumni Capital Ltd to convert £100,000 of the outstanding drawn-down principal amount of its loan notes, plus a £10,000 finance charge. TVRs The company has additionally granted to Alumni a total of 6,786,604 CLN warrants entitling the holder to […]
NeoTerra boosts fluorspar-gallium estimate with HREE
NeoTerra Group plc has for the first time added heavy rare earth elements to its mineral resource estimate for the fluorspar-gallium fluorite zone and Python target at Monte Muambe in Mozambique. PRODUCER The company said that the revised MRE reflected the potential to recover HREE-rich concentrate as a by-product of planned acid-grade fluorspar production. Revenues […]
First Class issues 14,795,000 share options
First Class Metals plc has issued options over a total of 14,795,000 ordinary shares, of £0.001 each, to directors and senior management under the company’s share option plan. DIRECTORS Executive chairman James Knowles and chief executive officer Marc Sale each received two million options, exercisable at £0.05 each. Non-executive directors Marc Bamber and Andrew Williamson, and […]
Orcadian plans offshore power station for Earlham
Orcadian Energy plc has started an assessment for a potential offshore power station to develop the Earlham and Orwell gas fields, within P2680, in the southern UK North Sea. DATA CENTRE The power station would capture carbon dioxide for reinjection into the Earlham reservoir to “boost pressure and recovery”. Generated low-carbon power would also supply […]
Sunrise shifts focus to base-precious metals
Sunrise Resources plc aims to focus future exploration on its base and precious metals projects located in Nevada, USA and Western Australia. SUPPORT The “decisive shift” follows a strategic review of its portfolio, which includes industrial minerals, namely perlite, pozzalan and sepiolite, also in Nevada. Sunrise said it had previously focused time and money on […]