West Cumbria Mining (Holdings) Ltd and its investors’ legal dispute against the British Government over quashed plans for a deep coal mine in Cumbria has had a second arbitrator appointed. PENDING Appointed on 21 October 2025, Sean Murphy joins Michael Pryles, in the first arbitration against the UK, at the International Centre for Settlement of […]
Tag: EMR Capital Resources Fund 1 LLP
WCM needs ‘substantial’ additional funds
West Cumbria Mining Ltd said it would need “substantial” additional financing to develop and construct its underground coal mine and Woodhouse colliery in Whitehaven, Cumbria. EXPECTATION WCM’s 2023 annual report states that as at 31 December 2023, the group held cash reserves of £6.8 million which had fallen to £5.6m as at 5 April 2024 […]