Corcel plc has signed a memorandum of understanding for a proposed 50-50 joint venture to include its nickel-cobalt interests in Papua New Guinea. RESTRUCTURE Corcel and Shandong New Powder COSMO AM&T (NPC)’s JV company will be named Integrated Battery Metals (IBM). The partners intend to create a Singapore-based JV comprising Corcel’s Mambare and Wowo Gap […]
Tag: metals and minerals
Horizonte awards feasibility study to Wood for Vermelho
Horizonte Minerals plc has chosen Wood plc for the principal engineering contract to conduct the feasibility study (FS) for its Vermelho nickel-cobalt project in the Pará State, northeast Brazil. VERMELHO Vermelho lies in the Carajás mining district which has developed infrastructure and hydroelectric power as a result of sustained mining activities. The company’s flagship nickel […]
Power Metal creates pool of 25m warrants for advisers
Power Metal Resources plc has created a separate pool of 25 million warrants as an incentive for business advisers, consultants and in-country teams supporting the company. GROWTH The company said that the adviser warrant pool would be for those who are, or may become, key to business growth and development and have been, or may […]
Sunrise begins joint tests on Hazen natural pozzolan
Sunrise Resources plc is working with an existing processor of natural pozzolan to mine and test-grind a bulk sample of the company’s Hazen deposit in northern Nevada, USA. HAZEN The Hazen pozzolan project is in Churchill County 20 miles from the town of Fernley and 24 miles from the county town of Fallon. In June […]
Condor Gold appoints Jim Mellon as chairman
Condor Gold plc has appointed Jim Mellon as non-executive chairman of the company. Businessman and investor Mr Mellon has been a non-executive director of Condor Gold for several years and is the largest shareholder with a 18.7% holding. The appointment was made on 11 October 2022. Mark Child remains chief executive officer.
GreenRoc Mining in the process of defining a ‘graphite province’ at Amitsoq
GreenRoc Mining plc said it was in the process of defining a graphite province of possible global significance, following confirmation of historic graphite occurrences in four new zones at Amitsoq in Greenland. FIELD EXPLORATION Alongside Phase II drilling, the company conducted a field exploration campaign in July. GreenRoc collected grab samples from across the project […]