Forrestania Resources has declared its Zenith Minerals takeover bid unconditional, clearing the decks for a bigger WA gold business as it snaps up 400,000 tonnes of ore feed from Star Minerals.
Forrestania Resources has declared its Zenith Minerals takeover bid unconditional, clearing the decks for a bigger WA gold business as it snaps up 400,000 tonnes of ore feed from Star Minerals.
Red Metal has launched a 5000m drilling campaign at Sybella near Mount Isa, Queensland, aiming to grow its 4.795Bt resource ahead of a prefeasibility study.
Red Metal has launched a 5000m drilling campaign at Sybella near Mount Isa, Queensland, aiming to grow its 4.795Bt resource ahead of a prefeasibility study.
Andy Burnham hit the nail on the (well)head in his first fortnight as prime minister when he said: “The question isn’t whether Britain will still be using oil and gas, the question is, where does it come from?”
It was a nod towards several awkward energy facts. First, oil and gas provided 75% of the UK’s energy in 2025, government data shows. Second, even with the rollout of domestic renewables for generating electricity, about 43% of overall energy was imported last year.
As recently as 2012, Aberdeen boasted the highest concentration of millionaires in the UK. An ATM reportedly had the highest withdrawal rate in Europe in the 90s, as oil and gas wealth flowed through the city. House prices skyrocketed in the scramble for space as fossil fuel firms transformed the city’s grand granite houses into company offices. But that was then.
Today, “for sale” and “to let” signs punctuate the city’s main thoroughfares. Disposable income in Aberdeen has fallen by nearly 20% between 2013 and 2023 – more than any other large UK city – after a 2014 oil price shock sparked a brutal reversal in Aberdeen’s fortunes.
Zia Yusuf claims undercover investigation broke the law as broadcaster stands by its journalism
Here is an explainer by Jill Ambrose about the Jackdaw decision.
But environmental groups have condemned the decision. Ami McCarthy, head of politics for Greenpeace UK, said:
Approving Jackdaw shows the toxic grip fossil fuel lobbyists still hold over our energy policy. Andy Burnham promised pragmatism [see 8.40am], but there is nothing pragmatic about rubber-stamping a project that won’t lower energy bills, won’t boost energy security and will create just 27 full-time jobs …
True pragmatism means severing our reliance on expensive oil and gas that leaves British households broke, supercharges extreme weather, and leaves our energy security at the mercy of petrostates.
Is the prime minister living in a parallel universe? One where we haven’t just endured our hottest summer on record, with droughts, wildfires and, in all likelihood, the most heat-related deaths on record? And where the UN hasn’t warned that we’re on the brink of breaching the all-important 1.5 degree warming limit?
Shell will be cheering this decision but it won’t knock a penny off our energy bills, which is what’s keeping people up at night, or make a meaningful difference to our gas supply.
Jackdaw will provide around just 2% of our gas demand for roughly ten years. It has been oversold and won’t stop the decline in North Sea jobs, as it will be largely unmanned and operated remotely.
The UK government has approved the controversial Jackdaw gasfield in the North Sea, a widely expected move that will nonetheless dismay environmental campaigners and a number of Labour MPs.
While Labour’s 2024 election manifesto committed to a ban on new drilling licences in the North Sea, the companies behind Jackdaw and the Rosebank oilfield project, which is being decided on separately, have sought environmental approval for existing licences.
Manhattan Gold’s maiden drilling revealed district-scale potential at its Hook Lake project in Canada, with high-grade gold and a new polymetallic discovery uncovered.
Manhattan Gold’s maiden drilling revealed district-scale potential at its Hook Lake project in Canada, with high-grade gold and a new polymetallic discovery uncovered.
The disgraced war hero’s public relations offensive includes a two-and-a-half hour media interview, the launch of a clothing brand and an Instagram page.
The disgraced war hero’s public relations offensive includes a two-and-a-half hour media interview, the launch of a clothing brand and an Instagram page.
Locksley Resources established a field base at its vast 1000-square-kilometre Greater Tottenham copper-gold project in NSW, advancing plans for a 15,500m drilling blitz.
Locksley Resources established a field base at its vast 1000-square-kilometre Greater Tottenham copper-gold project in NSW, advancing plans for a 15,500m drilling blitz.
Red Metal is putting its monster Sybella rare earths resource to the processing test, kicking off six-metre column leach trials to prove whether it can develop a cheap, heap leaching QLD operation.
Login
