Oil, gas and mining

Petro Matad fails to find oil accumulations in Snow Leopard 1 well

Petro Matad announced it did not find the oil accumulations hoped for in its Snow Leopard 1 well.

The Snow Leopard-1 well, drilled in Petro...

Mayan Energy updates on Forest Hill assets in Texas

Mayan Energy announced an update on its Forest Hill assets in Wood County, Texas where it holds a 75% working interest (WI) and 52.5% net...

Solo Oil updates on Tanzanian well activities with Aminex

The tendering process for a rig to drill the Chikumi-1 well in Tanzania - an important step on the way to unlocking potential resources in...

Touchstone Exploration reports sharp increase in Q2 average crude oil output

Touchstone Exploration's average crude oil production in the second quarter of 2018 was up 11% compared with the first quarter of 2018 and up 29%...

Production starts at OMV Petrom's €30m offshore well in Romania

Oil and gas group OMV Petrom has started production from its new offshore well LVO7 in Romania's Lebada Vest field, the country's largest offshore oil...

Kaz Minerals acquires Baimskaya copper project in Russia for $900m

KAZ Minerals announced that it has agreed to acquire the Baimskaya copper project in Russia for $900m in cash and shares, comprising an initial consideration...

Mosman Oil and Gas nearly doubles production at Welch Permian Basin project

Mosman Oil and Gas revealed oil production nearly doubled at its Welch Permian Basin project.

Between 1 July and 27 July, production at Welch was...

Polymetal gold production increases in second quarter

Polymetal produced 324 Koz of gold equivalent (GE) in the second quarter of 2018, up 16% year-on-year.

Volumes at Svetloye and Amursk POX combined with...

Savannah Resources reveals results from lithium project in Portugal

Savannah Resources announced further encouraging results from the ongoing reverse circulation (RC) and diamond drill (DD) programme at the Mina do Barroso lithium project, located...

Jubilee Metals Group provides quarterly operations update, reports 41% increase in Hernic project earnings

In its quarterly operations update, Jubilee Metals Group reported an increase of 41% quarter on quarter to GBP 1.61m in the project earnings of its...