https://www.engineeringnews.co.za

Oriole receives R&D rebates

11th November 2019

By: Creamer Media Reporter

     

Font size: - +

West Africa-focused exploration company Oriole Resources has received rebates of £105 000 from Her Majesty's Revenue and Customs (HMRC), in the UK, in relation to research and development (R&D) tax relief claims.

The claims were for the years ended December 31, 2017, and December 31, 2018, and were in respect of geoscientific advances sought through its exploration pgorammes.

"The continued support from the R&D tax credit regime is a valuable resource to extend our geological research work in Cameroon. Following the excellent early results to date at the Bibemi project, in particular, the team is currently mobilising to site and will be following up on these results and on the outcomes of the technical review meetings we held over the summer. We look forward to progressing all our projects as we now head into the 2019/20 field season," Oriole CFO Bob Smeeton said in a statement on Monday.

Aim-listed Oriole is conducting exploration at the Bibemi and Wapouzé gold projects, in Cameroon, as well as at the Dalafin gold project, in Senegal.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Environmental Impact Management Services
Environmental Impact Management Services

EIMS is an independent specialised environmental consulting firm offering the full spectrum of environmental management services across all sectors...

VISIT SHOWROOM 
Craig Miller Technical Services (CMTS)
Craig Miller Technical Services (CMTS)

CMTS is a leading, well-established EC&I contractor with 37+ years of mining and industrial experience. We execute full-scope EC&I projects with...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.057 1.049s - 140pq - 2rq
Subscribe Now