Cornwall Resources Ltd has secured US$9.25m to progress its tungsten-copper-tin project towards a feasibility study ahead of a final investment decision.
Tag: investment
Block completes $6.3m fundraise
Block Energy plc has raised US$6.3 million (£4.66m) from a private placement and retail offer to fund its investment in two oil and gas production sharing contracts, offshore Gabon. TVRs The company raised $6.23 million (£4.61m) through the placing of 418,701,200 shares, at the issue price of 1.1 pence per ordinary share. The retail offer […]
Power Metal invests £4m in royalty firm Apex
Power Metal Resources plc will invest £4 million in a new mining royalty company, and receive a share in its original acquisition of the Pilot Mountain tungsten project in Nevada. PORTFOLIO The company signed a binding agreement to subscribe in Apex Royalties Ltd, which will also give returns from projects across commodities and jurisdictions. Power Metal’s […]
Power invests in ‘first’ DeFi for early-stage mining
Power Metal Resources plc has agreed to invest up to £3 million for up to 49% of the “first”, “institutional-grade, blockchain-enabled decentralised finance (DeFi) tokenisation platform” to fund early-stage mining projects. COMPLIANCE Kingia FZCO, based in a Dubai Freezone, will be renamed Minestarters and target institutional and retail investors. Freezones are economic zones which offer […]
Kavango notes ‘impressive’ intercept at Bill’s Luck
Kavango Resources plc has returned a second high-grade gold intercept in a “gold-bearing structure” at Bill’s Luck gold mine on the Hillside project in Matabeleland, southern Zimbabwe. INVESTMENT Hole BLDDUG006 was drilled to a depth of 75.48 metres with assays showing grades of 13.60 grams a tonne over 10.40m from 64m to 74.40m. This also […]
Critical Mineral issues 56.9m shares for funding
Critical Mineral Resources plc has issued 56,896,552 new ordinary shares at a price of 1.45 pence per share, as part of the second tranche investment by Gilini Holdings Ltd. MOROCCO Critical Mineral secured the overall £2.5 million investment in March 2025 and was due to receive the second tranche of £1,325,000 during Q2 2025. Following […]