Cornish Metals Inc has appointed Fawzi Hanano to the non-board role of chief development officer. Mr Hanano is a finance professional with more than 20 years’ experience in the mining industry and global investment banks. With expertise in investor relations, capital markets and corporate strategy, he was previously head of investor relations and communications at […]
Tag: Cornish Metals Inc
Cornish Metals pumps first water in 25 years from South Crofty
Cornish Metals Inc has started pumping the first water in a quarter of a century using two submersible pumps in New Cook’s Kitchen shaft from South Crofty tin mine. TREATMENT PLANT Two KSB BSX 463/5 specialist high-head 950 kilowatt vertical submersible pumps, manufactured and supplied by KSB Ltd, sit approximately 360m below surface. The pumps […]
Cornish Metals instals second submersible pump at South Crofty
Cornish Metals Inc has installed the second submersible pump to dewater the mine at the South Crofty tin project in Cornwall. COMMISSIONING The pumps, in New Cooks Kitchen shaft, are for stage I of the two-stage mine dewatering programme. The specialist high-head 950 kW vertical submersible pumps manufactured by KSB in Germany are controlled by […]
Cornish Metals grants 11m share options to executives and senior staff
Cornish Metals Inc has granted 11 million incentive stock options over common shares in the company to executive management and senior staff. PDMRs The exercise price is £0.18 per share, the same as the investment price paid by Vision Blue Resources in the May 2022 fundraise of £40.5m. Chief executive officer Richard Williams received 2.4m […]
Cornish Metals founder Grenville Thomas retires
Cornish Metals Inc founder Grenville Thomas has stepped down from his post as board director but remains associated with the company as chairman emeritus. Mr Thomas established the company, previously named Strongbow, more than 20 years ago. Born in Swansea, he graduated in 1964 from Cardiff University with a Bachelor of Science degree in Mining […]
Cornish Metals sets date for dewatering South Crofty
Cornish Metals Inc expects wet commissioning of the mine water treatment plant to begin in June and continue into July, before dewatering starts in August at the South Crofty tin project in Cornwall. PROGRESS The plant, estimated to cost £6.6 to £7 million, is designed to treat 25,000 cubic metres of mine water per day. […]