Sunda Energy plc (AIM: SNDA) has raised the full £525,000 available through its retail offer after demand exceeded the number of shares available.
Premier African Minerals aligns options with Zulu production progress
Premier African Minerals Limited (AIM: PREM) has amended the vesting terms of director and management options first announced in May, making them more closely tied to production milestones at the
Great Western Mining Completes Defender Drilling as Broad Scheelite Zones Identified
Great Western Mining Corporation PLC (AIM: GWMO) has completed its first reverse-circulation drilling programme at the Defender Tungsten Project in Nevada, with multiple holes intersecting broad zones of scheelite-bearing skarn.
Quantum Helium, Sagebrush Moves Beyond Exploration
When we last looked at the helium market in March, the immediate concern was the Strait of Hormuz. Qatar, the world’s second-largest helium producer, accounted for around 35% of global
Petro Matad Shares Fall 25% as PetroChina Halts Crude Deliveries
Petro Matad Limited (AIM: MATD) shares fell 25% to 0.90p after PetroChina instructed the company to stop delivering crude, forcing production to be suspended at its Heron-1 and Gazelle-1 wells
Sunda Energy Raises £5.25m to Fund New Zealand Acquisition
Sunda Energy Plc (AIM: SNDA) has conditionally raised £5.25 million before expenses through a placing and subscription at 1.5p per share, alongside a separate retail offer seeking up to a
Quantum Helium Advances Sagebrush Stimulation and Confirms US OTC Launch
Quantum Helium Limited (AIM: QHE) is advancing plans for a larger-volume stimulation programme at its Sagebrush-1 well in Colorado, with specialist adviser IPT Well Solutions recommending a conventional propped fracture
Tertiary Minerals Plans Equity Raise to Accelerate Mushima North
Tertiary Minerals PLC (AIM: TYM) is planning a fresh equity fundraising to accelerate work at its flagship Mushima North project in Zambia following encouraging Phase 4 drilling results.
Tertiary Minerals Outlines Higher-Grade Zone at Mushima North
Tertiary Minerals plc (AIM: TYM) has outlined a substantially higher-grade silver-copper-zinc zone at the Discovery Zone within its Mushima North Project in Zambia, while drilling continues to extend mineralisation beyond
Bank of England Holds Rates at 3.75% as Bailey Warns Hikes May Be Needed
The Bank of England has kept interest rates unchanged at 3.75%, despite inflation rising to a five-month high and mounting pressure from higher energy prices.
Arrow Exploration Reports 82% Increase in 2P Reserves as Production Tops 6,000 boe/d
Arrow Exploration Corp. (AIM/TSXV: AXL) reported a substantial increase in reserves after successful drilling in Colombia and the acquisition of the Thorsby asset in Canada, while group production rose above 6,000
Bank of England Expected to Hold Rates Despite Inflation Rising to 3.1%
The Bank of England is expected to keep interest rates unchanged at 3.75% on Thursday, despite UK inflation rising to a five-month high.