i3 Energy plc’s environment, social and governance 2022 report shows a reduction in emissions alongside expanding operations in Canada and the UK North Sea. ENVIRONMENT The group aims to be net zero by 2050 for scope 1 and 2 emissions, relating to direct greenhouse gas emissions from its owned or controlled sources such as those […]
ESG
Cornish Metals opens South Crofty water treatment plant
Cornish Metals Inc. has commissioned and officially opened the water treatment plant in readiness for the start of dewatering the South Crofty tin mine. RED RIVER A high density sludge bed has built up within the plant and discharge of treated water from the mine into Red River will begin the week beginning 30 October […]
Horizonte stockpiles 138,000t ore at Araguaia
Horizonte Minerals plc had stockpiled 138,000 tonnes of ore averaging 1.92% nickel and spent US$429 million as of 30 September at the Araguaia project in Brazil. COSTS The company said it continued to progress during Q3 with construction at the site and advance financing discussions with its cornerstone shareholders and lenders. Horizonte expects a detailed […]
Hummingbird secures $55m refinancing for Kouroussa
Hummingbird Resources plc has agreed to refinance a portion, totalling US$35 million, of its existing Coris Bank group loan and secured $20m new loans for its West African operations. SUPPORT The refinancing of existing Coris Bank loans will see loan repayments deferred from Q3 2023 to full year 2024. Funds will provide additional cash flow […]
Emergency dewatering begins of lower Llechfraith after higher pump rate refused
Alba Mineral Resources plc has begun emergency dewatering after the regulator refused to allow an increase in the abstraction rate within Clogau-St David’s gold mine, north Wales. EXPLORATION The company had applied for a temporary variation to restart pumping at the higher 100m3/day rate after heavy rain during July and August reflooded the lower Llechfraith shaft […]
Condor Gold NED Kate Harcourt retires
Condor Gold plc non-executive director Kate Harcourt has retired and will leave the board with immediate effect. Chief executive officer Mark Child said Ms Harcourt had made a “substantial” contribution over the past eight years, describing her as a “wonderful mentor”. “As a senior environmental and social adviser on the board, her strategic advice and […]