News Oil & Gas

Cuadrilla looks to results ‘as soon as possible’ from hydraulic fracturing

Cuadrilla Resources Ltd said it aimed to work with the Government to generate results as soon as possible from hydraulic fracturing in England. MORATORIUM The company’s issued its statement following Prime Minister Liz Truss’s announcement lifting the moratorium on hydraulic fracturing with production ‘as soon as six months’. The ban, introduced in November 2019, followed […]

Company Moves Metals & Minerals News

CAML appoints Chris Colbourne as Sasa general director

Central Asia Metals plc has appointed Chris Colbourne as the new general director of its Sasa zinc and lead mine in North Macedonia. He replaces Scott Yelland who continues with the company in his role as chief operating officer. Mr Colbourne has 30 years’ technical, operational and management experience which includes 14 years in senior […]

News Oil & Gas

Egdon welcomes lifting of hydraulic fracturing ban

Egdon Resources plc described today’s government approval for hydraulic fracturing as logical and pragmatic in a changing political world. MORATORIUM The company was responding to the announcement by new Prime Minister Liz Truss of the lifting the moratorium introduced in November 2019. The ban followed reported earthquakes at operations by Cuadrilla Resources, now owned by […]

Finance Metals & Minerals News

British Lithium awarded £2m

British Lithium Ltd has been awarded a £2 million government grant to develop its project to extract lithium carbonate from mica in Cornish granite. FUND The Australian company received the money as part of the Advanced Propulsion Centre (APC)’s automotive transformation fund, which supports large scale industrialisation. The news follows yesterday’s announcement from local company […]

Metals & Minerals News

FCM discovers high-grade nickel sulphide at Pickle Lake

First Class Metals plc (FCM) has discovered high grade nickel sulphide at its earn in/joint venture (JV) project at Pickle Lake within the Schreiber-Hemlo region, Ontario, Canada. JOINT VENTURE The project comprises 33 single cell mining claims over which Palladium One has the option to earn-in to an 80% interest subject to a three-year work programme. The JV sits […]

Finance Metals & Minerals News

Cornish Lithium awarded further grant for Trelavour

Cornish Lithium Ltd has secured additional government funding to help develop its hard rock lithium project at Trelavour near St Austell, Cornwall. GRANT The undisclosed sum of money is from Innovate UK through the automotive transformation fund (ATF)’s scale up readiness validation competition (SuRV). Cornish Lithium will use the grant to construct a hydrometallurgical section […]