Ascent Resources plc has lost its case for claims against Slovenia in relation to the 2022 ban on hydraulic stimulation which affected its Petišovci oil and gas joint venture. COSTS The company had taken its case to the International Centre for Settlement of Investment Disputes (ICSID) under the Energy Charter Treaty. The tribunal ruled that […]
Month: September 2026
NeoTerra testwork ‘milestone’ boosts Muambe potential
NeoTerra plc has produced premium acid-grade fluorspar while separating heavy rare earths and gallium-bearing materials in a “metallurgical breakthrough” for its Monte Muambe project in Mozambique. STAGES The metallurgical testwork, at Cardiff-based Maelgwyn Mineral Services’ laboratory, has so far involved 14 scout flotation tests on blended fluorspar ore samples. NeoTerra, formerly Altona Rare Earths*, said […]
Union Jack receives requisition notice for meeting
Union Jack Oil plc has received a requisition notice, dated 7 July 2026, to hold a general meeting to vote on the removal of its three serving directors and appoint two new ones to the board. TIMELINES The company said that the notice was from shareholders who held 20,650,096 ordinary shares in Union Jack, representing […]
Cadence ahead of schedule at Azteca
Cadence Minerals plc is ahead of schedule with the Azteca processing plant’s refurbishment at the Amapá iron ore project in northeast Brazil. The programme has reached some 48% weighted physical progress, compared with 41% planned progress. Cadence said that as 2 July 2026, 21 activities were complete, 10 were in progress and 33 had yet […]
Anglesey progresses growth resource at Parys
Anglesey Mining plc has taken further measures to grow resource at its Parys Mountain base and precious metals volcanogenic sulphide project in North Wales. FOUNDATION Steps include a review of the mineral resource estimate, delineation of more exploration targets, and bringing together historical geological data, geophysics and geo-metallurgy. The company has additionally appointed a principal and […]
Union Jack defers AGM vote on £6.14m offer
Union Jack Oil plc aims to resist opposition to its sale by reconvening its annual general meeting 21 days after publication of Reabold Resources plc’s £6.14 million offer, or that it is declared unconditional. VOTES The announcement on the AGM, adjourned on 26 June, is due five business days after the earlier of the two […]