Neptune Energy has been awarded Gold Standard status by the United Nation’s Environmental Programme (UNEP), for its plans to reduce methane emissions to net zero by the end of the decade. METHANE The Oil and Gas Methane Partnership 2.0, a voluntary initiative launched by the UNEP, gave the award which was featured in the UN’s […]
ESG
Neptune awards $53m contract to CHC
Neptune Energy awarded a $53 million contract to CHC Helicopters to optimise flight schedules and reduce emissions for offshore transport in the Dutch North Sea. AGREEMENT CHC will provide regular transport to and from the 29 offshore platforms in the Netherlands. The contracts are part of a longer term alliance agreement with CHC which will […]
GreenRoc further doubles graphite ore at Amitsoq
GreenRoc Mining plc said that drilling had more than doubled the footprint of the ore deposit at its Amitsoq graphite project in southern Greenland. PHASE II The company, of which Alba Mineral Resources plc holds 54%, completed its Phase II drill on 17 September with 19 holes drilled for 2,844m. “All holes reached target depths […]
Boulby owner fined £3.6m for electricians’ severe burns
Cleveland Potash Ltd (CPL) has been fined £3.6 million after two electricians suffered severe burns in separate incidents at Boulby Mine in Saltburn-by-the-Sea, North Yorkshire. GUILTY PLEA The Health and Safety Executive (HSE) also ordered the company’s owners to pay costs of £185,000. CPL, now a subsidiary of Israel Chemicals Ltd, extracts organic fertiliser polyhalite. The company […]
Hummingbird starts external audit for Y3 RGMPs
Hummingbird Resources plc said that the external assurance audit had started for the Year 3 World Gold Council (WGC) responsible gold mining principles (RGMPs) requirements. OUTCOME The company began the audit during Q2 2022 as reported in its operations and financial report. Hummingbird added it had a dedicated ESG team and external consultants in place […]
Hummingbird increases Yanfolila production
Hummingbird Resources plc reported a rise in production at Yanfolila gold mine in Mali and further progress at its projects in Guinea and Liberia. INFLATION In its second quarter report for 2022, the company posted production increased 29% from Q1 2022 to 20,013 oz gold (Q1 2022: 15,548oz). All-in sustaining cost (AISC) fell by 17% to […]