Eagle Energy Reports Sale of Twining Assets

Eagle Energy (TSX:EGL) announced it has signed an agreement to sell its entire interest in its oil and natural gas properties near Twining, Alberta to a third party for cash consideration of C$ 13,820,000 before customary post-closing adjustments. The sale is expected to close on or about August 28, 2018, subject to customary closing conditions. The deal is part […]

Australia’s Santos Reports H1 Revenue of US$1.7 Billion

Santos’ (ASX:STO) sales revenue increased 16 percent in 2018’s first half, hitting US$ 1.7 billion, a jump the company has attributed to stronger commodities prices and higher oil sales. In its Q2 report, Santos highlights production growth at its Cooper Basin and Western Australia assets, with Cooper’s gas and oil production rising 8 and 17 percent, respectively, from […]

Constantine Reports First Assay Drill Results from Palmer Project

Constantine Metal Resources (TSXV:CEM) has reported the first round of assay results for a 10,000-meter drill program currently underway at its joint-venture Palmer project in Alaska. As quoted in the press release: Wide intervals of silver-gold-zinc-lead-barite mineralization have been intersected in the first two drill holes located 150 meters along strike to the southeast from […]

Savannah Reports Extended Lithium Discovery in Portugal

Savannah Resources (LSE:SAV,SWB:SAV) has released further encouraging results from the ongoing reverse circulation (‘RC’) and diamond drill (‘DD’) programme at the Mina do Barroso lithium project, located in Portugal. A total of 181 holes for 15,345m have now been drilled to date across three primary targets of Grandao, Reservatorio and NOA. Savannah is a diversified […]

Panoramic Reports Savannah Project Restart

Panoramic Resources (ASX:PAN) has announced the Savannah nickel–copper-cobalt project will reopen following the company and Savannah Nickel Mines executing a credit approved term sheet with Macquarie Bank Limited (ASX:MQG) for project finance facilities. Panoramic is a Western Australian mining company formed in 2001 for the purpose of developing the Savannah nickel project in the East […]

Amerigo Reports Q2-2018 Production Results

Amerigo Resources (TSX:ARG) announced today (July 11) production results for Q2-2018 from Minera Valle Central (MVC), the company’s operation located near Rancagua, Chile. According to Amerigo, the company produced 14.7 million pounds of copper at a cash cost of US$ 1.71 per pound. Molybdenum production was 0.4 million pounds. President and CEO of Amerigo, Rob […]