Energybuild Mining Ltd, which mines high-grade anthracite at Aberpergwm Colliery in Neath, West Glamorgan, has appointed two directors. Companies House lists Michael Loughran and Daniel Loughran as directors effective from 30 July 2022. Future Carbons Ltd ceased as a person with significant control, and Pergwm Holdings Ltd is listed as a person with significant control also […]
Tag: extractive industries
Arkle extends portfolio to Zimbabwe
Arkle Resources plc has expanded its exploration footprint with three lithium licences in Zimbabwe. ZIMBABWE Awarded in June, the “low-cost entry” prospecting licences cover 163 hectares in the Insiza District of the Matabeleland South Province. Chairman John Teeling described the acquisitions as a “toe-in-the-water exercise” by the company’s directors who have long experience in the country. CARRICKITTLE WEST […]
Tullow Oil abandons Beebei-Potaro exploration well after finding water
Tullow Oil plc said it had plugged and abandoned the Beebei-Potaro exploration well after encountering water-bearing oil targets in the Kanuku licence, offshore Guyana. NEXT STEPS “The well encountered good quality reservoir in the primary and secondary targets but both targets were water-bearing. “The Noble Regina Allen rig drilled the Beebei-Potaro well to a total depth of 4,325 metres […]
Kavango identifies KCB anomalies
Kavango Resources plc said it had identified four anomalies during its drill targeting exercise on its licence PL036/2020 in the Kalahari copper belt, western Botswana. TARGETS The Kalahari copper belt runs ENE-WSW from Botswana into Namibia where “multiple economic” copper-silver sedimentary rock hosted deposits have been discovered. The company’s programme targets PL036/2020, PL082/2018 and Mamuno […]
United AJ-14 development well intersects oil at Abu Sennan
United Oil & Gas plc said it had encountered seven metres of net oil play, in line with the higher end of pre-drill estimates, in the Al Jahraa-14 development well (AJ-14) on the Abu Sennan licence, onshore Egypt. AJ-14 United holds a 22% working interest in the licence, which is operated by Kuwait Energy Egypt. […]
Altus reports 67% rise in reserves and $150m NPV for Diba gold project
Altus Strategies plc announced a 67% increase in mineral reserves and post-tax net present value (NPV) of US$150 million for its 100% owned Diba & Laflanka gold project in western Mali. MINERAL RESOURCE ESTIMATE The company reported the figures in its revised mineral resource estimate (MRE) and preliminary economic assessment (PEA). Altus said it aimed […]