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S&P Global Ratings Takes Multiple Rating Actions On Major Oil And Gas Companies To Factor In Greater Industry Risks - S&P Global Ratings believes the energy transition, price volatility, and weaker profitability are increasing risks for oil and gas producers. - To factor this into our ratings, on Jan. 25, 2021, we revised our industry risk assessment to moderately high risk from intermediate risk. - We have placed our ratings on nine companies and their subsidiaries on CreditWatch with negative implications, as we review the consequences of higher business risks for these ratings. - We are revising the outlooks on two ratings to negative. ....
Meridian Mining S.E.: Meridian Provides Update on Espigao Copper-Gold Exploration Program 8km of open geochemical anomalies extend over 11 newly modelled EM bedrock conductors London, United Kingdom (Newsfile Corp. - December 23, 2020) - Meridian Mining SE (TSXV: MNO) ( Meridian or the Company ) today provides an exploration update on its Espigão Polymetallic project ( Espigão or the Project ). The Company s programs have continued at Espigão in parallel with its acquisition of the Cabaçal Copper-Gold project. Geochemical results have been received for all 779 soil samples on licence 886303/2009 in the NW quadrant of the Project area. Positive results continued to be delivered, with the footprint of key pathfinder elements greatly expanded, and further bedrock conductors modelled from the Company s 2015 HeliTEM ....