Cadence Minerals plc chief executive officer and director Kiran Morzaria has increased his stake in the company. On 5 August 2026, Mr Morzaria bought 733,867 ordinary shares at £0.044 per share, and now holds 6,163,674 ordinary shares, which represent 1.4% of the issued capital. The company is preparing to start production at the Amapá iron […]
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Harbour begins $250m share buyback
Harbour Energy plc today started to buy back its own ordinary shares for up to a maximum aggregate value of $250 million (£185.6m). The company announced the news in its 2026 half year results, which showed “excellent” operational performance and record production of more than 500,000 barrels per day. Outlook for its free cash flow […]
Beacon chairman increases shareholding
Beacon Energy plc non-executive chairman and director Mark Rollins has increased his stake in the company after buying 343,810 ordinary shares. Mr Rollins acquired the shares, of no par value, on 5 August 2026 at a price of 2.9 pence per share. He now holds 9,423,507 ordinary shares, representing approximately 7.55% of Beacon’s issued share […]
Union Jack £6.14m sale draws more objections
Union Jack Oil plc’s proposed £6.14 million sale to investor Reabold Resources plc has received further objections from some of its shareholders. GENERAL MEETING The exploration and production company warned that, unless it met its financial obligations, it could lose assets if the transaction fails to complete. On 3 August, Reabold received a letter of […]
Bezant technical director retires
Bezant Resources plc technical director Edward (Ed) Slowey has resigned to begin his retirement, effective from 31 July 2026. The Africa-focused company thanked Mr Slowey for his work on the Hope and Gorob copper-gold mine development in Namibia. “We are pleased that Ed has agreed to continue to be available to consult on an as-needed […]
Kavango starts up Hillside gold processing plant
Kavango Resources plc has installed and started operating its processing plant, designed to take 50 tonnes per day, at its Hillside gold project in Matabeleland, Zimbabwe. EXPAND CAPACITY Commissioning began on 1 July 2026, using feed material that included stockpiled and freshly milled gold-bearing sands, and reached 69% capacity between 18 and 28 July. The […]