Metals Exploration plc’s independent non-executive chairman and non-executive director Nick von Schirnding has stepped down, effective 21 March. The company said that Mr Schirnding’s decision follows Metals’ purchase of Runruno Holdings Ltd shareholding and settlement of debt disputes with lenders. Newly appointed non-executive chairman Steven Smith said: “It has been a pleasure to work with […]
Company Moves
Katoro exits Haneti to focus on Ontario
Katoro Gold plc and Power Metal Resources plc have exited the Haneti nickel-lithium joint venture in central Tanzania due to the high levels of expenditure required. ONTARIO Katoro holds 65% of Haneti and Power Metal owns 35%. The early-stage project last underwent diamond drilling in 2022, with results failing to show economically significant nickel but […]
Rathlin appoints Paul Harris as independent NED
Rathlin Energy (UK) Ltd has appointed Paul Harris as an independent non-executive director of the board, with immediate effect. Mr Harris is a chartered engineer with 35 years’ experience within the energy sector. He has a technical, regulatory and commercial background and a track record of delivering UK oil and gas projects. Mr Harris’ previous […]
Acrux CEO becomes director at Cononish mine
Acrux Sorting Technology’s chief executive has become a director of SCZ Grampian Ltd, which operated the Cononish gold-silver mine in Scotland. Companies House recorded that Sean Browne was made a director of SCZ, formerly Scotgold Resources plc, on 6 March 2025. Acrux executive Karel Potgieter also became a director of the company on the same […]
Sunrise appoints Adam Hainsworth as NED
Sunrise Resources plc has appointed Adam Hainsworth as a non-executive director, effective from 14 March 2025 the day following the company’s general meeting. Mr Hainsworth trained as a chartered accountant and is a “longstanding and significant” shareholder in the company. He has commercial and transactional experience having spent the majority of his career at his […]
Orcadian completes 50% sale of HALO
Orcadian Energy plc has completed the sale of 50% of the ordinary shares of HALO Offshore UK Ltd to power plant developer and operator Independent Power Corporation plc. FUNDING IPC founder-chief executive officer Peter Earl and Mark Preece have joined Orcadian’s CEO Steve Brown and chief financial officer Alan Hume on HALO’s board. Mr Preece […]