LBG Media has hailed 2024 as a ‘transformational year’, with the digital entertainment group reporting forecast-beating preliminary results. Strong momentum from its US expansion and diversified revenue base supported management’s confidence in achieving a 10% top-line growth, as the business targets £200 million in annual turnover. The company, which targets young adults, reported total revenues of £86.2 million for the period to September 30, a 22% year-on-year increase.
Pantheon Resources has announced that initial results from the Megrez-1 well in Alaska have exceeded pre-drill expectations. The well, part of the Ahpun project, encountered a total of seven intersections across four horizons. Preliminary analysis indicates an overall increase in the vertical thickness of the hydrocarbon section to 2,425 feet, with the liquid column observed to be larger than expected.
Greatland Gold has reported that it produced almost 30,000 ounces of gold and more than 11 hundred tonnes of copper in the …