Cuadrilla Resources Ltd said it aimed to work with the Government to generate results as soon as possible from hydraulic fracturing in England. MORATORIUM The company’s issued its statement following Prime Minister Liz Truss’s announcement lifting the moratorium on hydraulic fracturing with production ‘as soon as six months’. The ban, introduced in November 2019, followed […]
Tag: extractive industries
Cornish Lithium awarded further grant for Trelavour
Cornish Lithium Ltd has secured additional government funding to help develop its hard rock lithium project at Trelavour near St Austell, Cornwall. GRANT The undisclosed sum of money is from Innovate UK through the automotive transformation fund (ATF)’s scale up readiness validation competition (SuRV). Cornish Lithium will use the grant to construct a hydrometallurgical section […]
Prospex Energy receives £100,000 via warrant exercise
Prospex Energy plc received £100,000.02 following notice for the exercise of warrants to subscribe for 3,333,334 new ordinary shares of 0.1p, each for 3 pence. The warrants, issued pursuant to a warrant agreement dated 23 February 2022, relate to a placing in March 2021. Following admission there will be a total of 260,026,699 ordinary […]
Cleveland Potash appoints Malcolm Mewett as director
Cleveland Potash Ltd has appointed Malcolm Mewett as a director of the company. Companies House recorded the appointment of Mr Mewett, who comes from New Zealander, effective from 1 September. Cleveland Potash is a subsidiary of Israel Chemicals Ltd.
Conroy Gold intersects new gold zones at Clontibret
Conroy Gold and Natural Resources plc said that initial drill results had intersected 18 gold zones, including four new zones, at the joint venture (JV) Clontibret project in Co Monaghan, Ireland. STEP-OUT DRILL PROGRAMME Turkish JV partner and operator Demir Export has completed three of eight planned drill holes for a total 3,000m. Two drill […]
Scirocco signs binding deal with APT for Ruvuma interest
Scirocco Energy plc said that ARA Petroleum Tanzania (APT) intended to exercise its pre-emption rights over the company’s sale of its Ruvuma gas interest in Tanzania. AGREEMENTS Scirocco had previously agreed to sell its Ruvuma interest to Wentworth Resources plc. “Scirocco has now entered into binding agreements with APT which, inter-alia, provides access to cash call […]