West Cumbria Mining Ltd must wait still longer for a decision on its plans for a coking coal mine under the Irish Sea, off the coast of Cumbria. TIMELINE The Government, which called in the application in 2021 after twice refusing to do so and prompting a public inquiry, has so far postponed its final […]
Author: editorial
Chesterfield progresses sale of Adeline
Chesterfield Resources plc said it was making progress “on all fronts” in the conditional sale of its 100% interest in the Adeline copper licences in the Labrador region of eastern Canada. AGREEMENT The company purchased the assets from Altius Minerals in May 2021 before increasing the licence area the following month. In October 2022, Chesterfield […]
Chesterfield to reduce Cyprus licences to three
Chesterfield Resources plc said it planned to surrender some of its Cyprus licences over the next six months to “reduce unnecessary spending and potential shareholder dilution”. COSTS The company added it would continue to advance its “most highly prospective” retained Westline and Orchard core assets. Chesterfield will reduce its Cyprus portfolio from 26 licences covering […]
Cornish Metals advances work streams at South Crofty
Cornish Metals Inc said it had progressed the dewatering programme, feasibility study (FS) and exploration of additional mineral rights at the South Crofty tin project in Cornwall. WATER TREATMENT PLANT The Canadian company has completed 75% of the detailed designs of the water treatment plant (WTP) with commissioning on schedule for June 2023 at a […]
Power Metal notes 175m mineralisation at Tati
Power Metal Resources plc reported further high gold grades and 175 metres continuity of gold mineralisation in its final assays from the drilling programme at Tati near Francistown, Botswana. RESULTS The results, from six remaining holes, follow last week’s positive results from the first three drill holes of the nine-hole reverse circulation (RC) programme on […]
Cora exploration target estimate adds 1.3Moz gold
Cora Gold Ltd reported an exploration target estimate of 26.0 Mt to 35.2 Mt indicating a possible increase in resource at its flagship Sanankoro project in southern Mali. ESTIMATE Chief executive Bert Monro said that the exploration target showed the potential for an additional 1.37 Moz of gold above the company’s existing 920 koz mineral […]