UK Oil & Gas plc (UKOG) said planning approval for its wholly owned Loxley onshore gas project in Surrey has been upheld by the High Court. ENERGY SECURITY The ruling follows a series of legal actions by local protesters and different local authorities after the company successfully appealed against initial refusal in December 2020. UKOG […]
Author: editorial
Galantas Gold begins surface drilling
Galantas Gold Corporation reported positive results from the final underground drillhole from the Kearney vein as it begins surface drilling at the Joshua vein at Cavanacaw in Omagh. TRANSITION Hole FR-DD-23-UG-193, drilled from an underground platform within the second level of the vein, intersected 19.8 grams per tonne gold and 11.3 g/t silver over 1.7 […]
Power Metal reports NED dealings
Power Metal Resources plc reported dealings in shares of the company by non-executive director Edmund Shaw. Mr Shaw transferred two million ordinary shares of £0.01 each for nil consideration to Lydia Shaw, a person closely associated with him. He also sold five million ordinary shares each at 0.65 pence and repurchased the same quantity each at 0.6506 pence in an […]
Cornish Metals instals second submersible pump at South Crofty
Cornish Metals Inc has installed the second submersible pump to dewater the mine at the South Crofty tin project in Cornwall. COMMISSIONING The pumps, in New Cooks Kitchen shaft, are for stage I of the two-stage mine dewatering programme. The specialist high-head 950 kW vertical submersible pumps manufactured by KSB in Germany are controlled by […]
Corcel CEO James Parsons steps down
Corcel plc chief executive officer and director James Parsons will step down as part of the company’s planned transition from metals and minerals to oil and gas. Mr Parsons, who became CEO on 14 June when he received 12.4 million shares in part payment of wages, remains with the company in an advisory role during his […]
Karelian starts follow-up exploration in Kuhmo
Karelian Diamond Resources plc has started follow-up exploration programme focused on excavation and drilling in the Kuhmo region of eastern Finland. TARGETS The company said that operations were located “up-ice” of its green diamond discovery. A total of 38 kimberlite targets have been identified from drone-based aeromagnetic data combined with kimberlite indicator sampling results and […]