Sunrise Resources plc aims to focus future exploration on its base and precious metals projects located in Nevada, USA and Western Australia. SUPPORT The “decisive shift” follows a strategic review of its portfolio, which includes industrial minerals, namely perlite, pozzalan and sepiolite, also in Nevada. Sunrise said it had previously focused time and money on […]
Tag: strategic review
Capricorn to return $575m to shareholders
Capricorn Energy plc has committed to returning some US$575 million excess cash flow to shareholders. ACTIONS The company said the funds, due over the coming 12 months, were not needed for its future operational focus. A total $100m depends on negotiations with stakeholders and licence extensions in Egypt, actual oil and gas prices and the […]