Caerus Mineral Resources plc has sold its non-core Black Pine nickel-cobalt project and associated licences for £500,000 to Aeramentum Resources Pty Ltd. PROJECT Caerus said that the four Black Pine licences, comprising nickel, cobalt and copper, had no exploration expenditure budgeted in the near future. The company added that although nickel-cobalt were essential battery metals, they were not […]
Tag: copper
Kavango-Power Metal extend Morula
Kanye Resources plc announced encouraging results from soil sampling at the South Ghanzi project in the Kalahari Copper Belt (KCB), Botswana. The company is a 50-50 joint venture between operator Kavango Resources plc and Power Metal Resources plc with both sharing exploration costs. Kavango extended infill soil sampling from 5.5km to 11km which led to […]
Red Rock hopes high for Luanshimba drilling
Red Rock Resources plc said it had nearly completed preparations for a drill campaign at its 80%-owned copper and gold targets at the Luanshimba project in the Democratic Republic of Congo. The project, situated 65 km south-east of the provincial capital of Lubumbashi in Haut-Katanga, is in a 420 hectare prospecting licence (PR13513) in the […]
Chesterfield to acquire Adeline copper project
Chesterfield Resources plc announced it is to acquire 100% of a belt-scale copper exploration project, named Adeline, in the Labrador region of eastern Canada. The company, which is exploring for copper in Cyprus, said its objective was to be a leading copper exploration and resource development company to help supply the global demand for electrification. Adeline covers […]
Cornish Metals starts United Downs diamond drilling
Cornish Metals Inc said it had started a diamond drilling programme at its United Downs copper-tin project in Cornwall. The Canadian miner aims to target the high grade copper-tin mineralisation encountered during April 2020 in drill hole GWDD-002 that intersected 14.69 metres at 8.45% copper and 1.19% tin. Diamond drill hole GWDD-002 was drilled by […]
CAML progresses remediation from tailings leakage
Central Asia Metals plc (CAM) said it had made further progress with its environmental and social responsibilities, notably the leakage from its Sasa tailing storage facility at Sasa zinc-lead mine in North Macedonia. The company has focused on remediation work, cementing relationships with communities and is on course to producing its second sustainability report. CAM […]