LONDON, UK: Katoro Gold PLC (AIM:KAT), a strategic and precious minerals exploration and development company, announced the proposed appointment of Sean Wade as Non-executive Chairman of the Company, subject to due diligence. Mr Wade is the Chief Executive Officer of Power Metal Resources PLC (AIM:POW), Katoro’s joint venture partner at the Haneti Project in Tanzania,…
All posts tagged exploration
Union Jack Oil signs two farm-in deals with Reach in Oklahoma
LONDON, UK: Union Jack Oil plc, a UK and USA focused onshore hydrocarbon production, development and exploration company, has announced that it has signed two farm-in agreements with Reach Oil & Gas Company Inc in Oklahoma, USA. The first deal gives Union Jack a 75% stake in a well that will test the Footwall Fold…
Matador Mining starts winter drilling at Malachite in search of gold
SYDNEY, AUSTRALIA: Matador Mining Limited (ASX:MZZ | OTCQB:MZZMF) has launched its 2024 exploration field season with a reverse circulation (RC) drilling program at the O-2 target at Malachite in Newfoundland, Canada. The company hopes to make major discoveries of gold under the glacial till and overburden covering the area. The O-2 target is located at…
BPM Minerals appoints Oliver Judd as Chief Executive Officer
SYDNEY, AUSTRALIA: BPM Minerals Limited (ASX:BPM) announced the appointment of Mr Oliver Judd as Chief Executive Officer, effective 13 December 2022. Oliver Judd has held the position of Exploration Manager with the Company for 2 years prior to being appointed as Chief Executive Officer. Oliver has more than 15 years’ experience across several precious and…
KEFI Gold and Copper continues with rapid progress in Saudi Arabia
LONDON, UK: KEFI Gold and Copper (AIM: KEFI), the gold and copper exploration and development company with projects in the Federal Democratic Republic of Ethiopia and the Kingdom of Saudi Arabia, announced that exploration and development studies at the KEFI-operated Gold & Minerals Limited (“G&M”) Hawiah Copper-Gold Project (“Hawiah”) and the contiguous Al Godeyer Exploration…
Kinetiko Energy signs agreement to acquire Afro Energy
PERTH, AUSTRALIA: Kinetiko Energy Limited (ASX: KKO) signed a binding legal agreements for the acquisition of 100% of Afro Energy (Pty) Ltd from Badimo Gas (Pty) Ltd. Upon completion of the acquisition, Kinetiko Energy will become the sole owner of Afro Energy, which holds 100% interest in the exploration rights and sample gas production permit…
Kosmos Energy acquires additional Ghana interests from OXY for $550mn
DALLAS, TEXAS: Kosmos Energy has acquired an additional 18% interest in the Jubilee field and an additional 11% interest in the TEN fields in Ghana from Occidental Petroleum (OXY) for a purchase price of $550 million with an effective date of April 1, 2021. Consideration due to Occidental Petroleum (OXY) at completion was approximately $460…
Jennifer Neild appointed CEO of Peak Minerals
SYDNEY, AUSTRALIA: Peak Minerals Limited announced the appointment of experienced resources executive, geophysicist, and geologist Jennifer Neild as Chief Executive Officer. Ms Neild has more than 15 years’ experience in mineral exploration across a range of commodities and jurisdictions. Ms Neild is a professional geologist with a broad range of experience in exploration, production and…
Power Metals forms gold exploration JV with Red Rock Resources
SYDNEY: Power Metal Resources (POW), a metals exploration and development company, announced the commencement of a new joint venture (JV) with Red Rock Resources Plc to build a strategic gold exploration portfolio in Australia. Paul Johnson Chief Executive Officer of Power Metal Resources plc commented: “This strategic move into Australian gold exploration is an important…
Carawine Resources forms joint venture with FMG Resources
PERTH: Gold and base metals explorer Carawine Resources Limited has entered into a Farm-In and Joint Venture Agreement with FMG Resources Pty Ltd to explore Carawine’s “Lamil Hills”, “Trotman South” and “Sunday” tenements. Agreement provides Fortescue with a significant and highly prospective tenement holding within the Paterson Province. Agreement ensures Carawine is well positioned to…
Exploration commences at Lamil Project in Western Australia
SUBIACO: AIC Mines Limited has commenced initial field work at its Lamil Gold-Copper project in the Paterson Province, East Pilbara, Western Australia. The Lamil Project is a conceptual exploration project with a previously unrecognised and untested Telfer look-alike “domal” aero magnetic signature. The project secures an area of 1,375km2 and is located midway between the…