West Cumbria Mining (WCM) Ltd has been granted final extensions to two conditional licences as it awaits the Government’s decision on the company’s proposed coking coal mine under the Irish Sea. APPLICATIONS The Coal Authority this week granted the approvals as part of the licensing process. The authority received the first application on 15 January […]
Author: editorial
Hurricane appoints Robin Allan as independent NED
Hurricane Energy plc has appointed Robin Andrew Allan as an independent non-executive director, effective from 1 July 2022. Mr Allan will chair the environmental, social and governance (ESG) committee, and become a member of the technical committee. His experience includes executive roles with Premier Oil, including director North Sea and exploration, and chairman of BRINDEX, […]
Cadence sells Yangibana rare earth interest for £5m
Cadence Minerals plc said it had sold its interests in the Yangibana rare earth elements (REE) project in Gascoyne, Western Australia for A$9 million (£5.1m) to joint venture partner Hastings Technology Metals. TRANSACTION The company added that its 30% working interest in the tenements covered a small portion of Yangibana and potentially represented one year of the […]
Oriole notes revised EIA submitted for Muratdere
Oriole Resources plc said that a revised environmental impact assessment (EIA) report has been submitted for its Muratdere copper-molybdenum porphyry development project in Turkey. HISTORY Oriole operated the project from 2005 to 2011, delivering a JORC-compliant inferred resource of 51 million tonnes grading 0.36% Cu, 0.12 g/t Au, 2.40 g/t Ag, 0.0125% Mo and 0.34 […]
Power Metal looks to West Africa uranium
Power Metal Resources plc has further expanded its uranium portfolio with its first venture into Togo, West Africa. TARGETS The company already has uranium interests in Saskatchewan, Canada and the Northern Territory, Australia. Power Metal said that existing targets had been established in Togo and that it was planning next stages of exploration as well as securing […]
Corcel urged on binding offtake for nickel-cobalt
Corcel plc said its proposed off-take partner had asked the company to move to a binding agreement for supplies from the Mambare and Wowo Gap nickel-cobalt projects in Papua New Guinea. DIRECT SHIPPING In January 2022, the company signed a non-binding memorandum of understanding (MOU) with Shandong New Powder Cosmo AM&T (NPC). A representative of […]