Tungsten West plc said that the estimated remaining capital expenditure of £31.5 million was “significantly below” the previous forecast for restarting production at the Hemerdon tin-tungsten mine in Devon. BUDGET The company added that the figure, which excludes a 20% contingency of £6.3m, is less than that projected when the company paused the project in […]
Tag: metals and minerals
Altona expects to list in coming weeks on LSE
Altona Rare Earths plc said it expected to complete its admission in the coming weeks to the Standard segment of the London Stock Exchange. MONTE MUAMBE The company decided in early 2021 to transfer listing from AQSE to the LSE. While working with its advisers on admission, Altona has also progressed its flagship project at […]
Power Metal appoints Owain Morton as NED
Power Metal Resources plc has appointed Owain Morton as a non-executive director with immediate effect. Mr Morton, based in the UK, is an associate partner – Mining & Metals SME with IBM providing multi-sector business services and technology consulting. His previous roles include technology and innovation manager for Glencore Global, technical strategy and risk management and operations […]
Cadence notes significant MRE increase at Amapá
Cadence Minerals plc reported an increase in JORC resource, with greater tonnage in measured and indicated categories, at its joint venture Amapá iron ore project in Brazil. MRE Partner DEV Mineraço S.A.’s new mineral resource estimate (MRE) shows an increase in total measured, indicated and inferred mineral resources, to 276.24 million tonnes (Mt) grading 38.33% […]
Weardale Lithium appoints Julian Hammond as a director
Weardale Lithium Ltd has appointed Julian Hammond as a director. Companies House recorded the appointment effective from 6 October 2022.
Conroy Gold intersects 33.2m gold zone in stockwork at Clontibret
Conroy Gold and Natural Resources plc reported an intersection of 33.2m gold zone within the stockwork, grading 0.8 g/t gold, at its joint venture operations at the Clontibret deposit in Co. Monaghan, Ireland. RESULTS Today’s assay results are from the fourth of eight holes in a drill programme for 3,000m. Turkish partner and operator Demir […]