Central Asia Metals plc has completed its £3 million initial investment in nickel-copper-cobalt explorer Aberdeen Minerals Ltd. The company now has 35,294,117 shares, purchased at a price of 8.5 pence per share, and a 28.7% shareholding in Aberdeen. Central Asia also received warrants to invest an additional £2m at a price of 11 pence per share […]
Company Moves
Ascent changes board in strategic deal
Ascent Resources plc plans to appoint Ibrahim Diab as executive chairman and has appointed Lionel Therond as chief financial officer. The changes are in a “strategic collaboration” with Delta Energy Corp SARL. Mr Diab and Eric Faillenet, former managing director at Carlyle International Energy Partners and previously a Perenco senior executive, co-founded London and Luxembourg based-Delta. […]
Alba appoints Kobus Byleveldt as mine manager
Alba Mineral Resources plc has appointed Kobus Byleveldt as mine and operations manager at Clogau-St David’s gold mine. Mr Byleveldt has more than 26 years’ mining and management experience within the gold mining sector in South Africa and Scotland, including in mine planning, construction and development. He was most recently mine manager, for approximately 2.5 years, at the […]
Kavango restructures board
Kavango Resources plc has restructured its board to have a more commercial and strategic focus. Chief executive officer Ben Turney will move to Zimbabwe to lead the company’s business in the country. Donald McAlister and Alexandra (Alex) Rose Gorman join the board, Peter Wynter Bee takes on a new role of deputy chairman, while Brett […]
Conroy appoints NED and finance director
Conroy Gold and Natural Resources plc has appointed Marian Moroney as a non-executive director and Cathal Jones as finance director, with immediate effect. Ms Moroney has more than 30 years’ experience in exploration, mining, strategic planning, governance, covering business opportunities, joint venture management and oversight, mergers and acquisitions. She spent more than 20 years with Barrick Gold Corporation in senior roles, including […]
Serica appoints Chris Cox as CEO
Serica Energy plc has appointed Chris Cox as chief executive officer, effective from 1 July 2024. Chairman David Latin will end his temporary role as interim CEO on the same date. Mr Cox has more than 40 years’ experience in oil and gas in a wide range of roles with majors and independents. For the […]