Metals & Minerals News

Botswana boosts diamond portfolio with copper

Botswana Diamonds plc has acquired eight copper prospecting licences, which also cover gold and other minerals, to counter the current low demand for diamonds. AI The company said it had also responded to the “strong and growing demand” for copper and other “energy-transition” metals. Botswana used artificial intelligence analysis to identify the ground, following assessment […]

Finance News Oil & Gas

West Newton JV looks to Bitcoin financing

The West Newton onshore gas project could be financed by installing gas-powered generators and cryptocurrency mining equipment, funded by natural gas produced at the East Yorkshire site. AI DATA The project estimate is gross recoverable 2C gas resources of almost 200 billion cubic feet, based on RPS’ independent assessment in 2022. Operator Rathlin Energy (UK) […]

Metals & Minerals News

Focus starts lithium exploration at Burrows

Focus Xplore plc has begun geological prospecting, mapping and sampling activities at its Burrows lithium projects in Ontario, Canada. PEGMATITES The programme follows the start last week of exploration at the Ellie lithium and Bay Road rare earth elements, specifically dysprosium and neodymium, projects. Burrows, comprising three properties across 2,400 hectares, is part of Focus’s […]