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…
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…
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…
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…
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…
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…
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…