“Exceptionally” high copper and silver grades from channel sampling results along with the discovery of new mineralised layers have been reported at Anzar, central Morocco. SAMPLING Critical Mineral Resources plc (CMR) said that of a total 11 samples taken from random locations at three different historical mining sites, several returned “significantly higher grades than expected”. […]
Author: editorial
Component failure halts drilling Tai-3 well at Rukwa
Drilling has been suspended for approximately two weeks on Tai-3 well at Rukwa after the Predator 220 drilling rig suffered a component failure in the main rig carrier. PERFORMANCE Helium One Global Ltd needs to find the required mechanical parts from outside Tanzania to carry out the repairs before restarting operations at Rukwa. The company […]
Anglesey CEO Jonathan Battershill to leave
Anglesey Mining plc chief executive officer Jonathan (Jo) Battershill will resign at the end of the year to become managing director of Silver Mines Ltd. Mr Battershill is currently a non-executive director (NED) of the Australian company and will take up his new post from 1 January 2024. He will continue Anglesey and help with the transition […]
i3-Europa begin talks on potential for Serenity
i3 Energy plc and Europa Oil & Gas (Holdings) plc have opened talks on acreage surrounding the Serenity oil discovery, which has become unlicensed. INVESTMENT Little progress has been made on the Blake, Tain and Serenity area while in October 2022 the partners abandoned the SA02 well which failed to show hydrocarbons. i3 said that […]
United agrees more time for Maria sale
The long-stop date has again been extended for the conditional sale of the Maria discovery in the central North Sea. APPROVALS United Oil & Gas plc is selling licence P2519 to Quattro Energy Ltd which needs funds and is under acquisition by Jesmond Capital Ltd to form an enlarged company. The most recent long stop […]
Neptune spuds Ofelia appraisal well
Neptune Energy has begun drilling the Ofelia appraisal well on PL929 in the Norwegian sector of the North Sea. AGAT & KYRRE The Ofelia discovery, made in August 2022, lies approximately 14km north of the Neptune-operated Gjøa field. The company said that preliminary estimates of recoverable volume were 2.5 to 6.2 million standard cubic metres […]