Headlines from the Proactive UK newsroom.
BlueRock Diamonds () has sold a 20.72 carat diamond unearthed in September for US$236,000. It is the highest value achieved to date for a single stone form the Kareevlei mine.
Rockfire Resources () has hit a large sulphide zone at the Plateau gold deposit in Queensland. The sulphide layer has similar rock types to the neighbouring Mt Wright mine, which contains a million ounces.
AFC Energy’s () hydrogen powered 72kWh, off-grid Electric Vehicle charging system is on target for commercial launch in December. An agreement has also been signed with an international manufacturing group to assess an ammonia-to-power off grid platform.
Cairn Energy () has had a disappointment offshore Mexico with its Alom-1 well coming up dry. The well was the first in its drilling programme in the area and went down to 2,056m below the sea surface.
() has warned revenues will be softer this year than anticipated, while also posting an 18% decline in third quarter profits. Customer redress and severance cost it US$720mln.
Read More: Investor Update: BlueRock Diamonds makes record sale for one of its stones
