Oil, gas and mining

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...

Metals Exploration report circuit challenges at Runruno gold mining operation

Natural resources exploration and development firm Metals Exploration said its Runruno gold mining operation was experiencing challenges with its BIOX support systems circuit leading to...

Rockhopper Exploration appoints Standard Chartered as pathfinder bank, updates on well activity

Oil and gas exploration and production firm Rockhopper Exploration said it has appointed Standard Chartered Bank as pathfinder bank for the proposed senior debt project...