First Class Metals plc has appointed Carlos Espinosa to the board of its 100% owned subsidiary First Class Metals Canada Inc. Mr Espinosa is a mining executive with more than 30 years’ experience within Canadian capital markets, international business development and commercial banking. He is currently chief executive at RooGold Inc. and director at Monarca Minerals […]
Tag: metals and minerals
Teathers to be renamed Uranium Energy Exploration
Power Metal Resources plc’s planned new uranium-focused subsidiary Teathers Financial plc will be renamed as Uranium Energy Exploration plc (UEE). LISTING The change will come into force after completion of UEE’s acquisition of Power Metal’s Reitenbach property east of the Athabasca basin in Saskatchewan. The new name will also be used for the subsidiary’s planned listing in London. […]
CAML appoints Chris Colbourne as Sasa general director
Central Asia Metals plc has appointed Chris Colbourne as the new general director of its Sasa zinc and lead mine in North Macedonia. He replaces Scott Yelland who continues with the company in his role as chief operating officer. Mr Colbourne has 30 years’ technical, operational and management experience which includes 14 years in senior […]
British Lithium awarded £2m
British Lithium Ltd has been awarded a £2 million government grant to develop its project to extract lithium carbonate from mica in Cornish granite. FUND The Australian company received the money as part of the Advanced Propulsion Centre (APC)’s automotive transformation fund, which supports large scale industrialisation. The news follows yesterday’s announcement from local company […]
FCM discovers high-grade nickel sulphide at Pickle Lake
First Class Metals plc (FCM) has discovered high grade nickel sulphide at its earn in/joint venture (JV) project at Pickle Lake within the Schreiber-Hemlo region, Ontario, Canada. JOINT VENTURE The project comprises 33 single cell mining claims over which Palladium One has the option to earn-in to an 80% interest subject to a three-year work programme. The JV sits […]
Cornish Lithium awarded further grant for Trelavour
Cornish Lithium Ltd has secured additional government funding to help develop its hard rock lithium project at Trelavour near St Austell, Cornwall. GRANT The undisclosed sum of money is from Innovate UK through the automotive transformation fund (ATF)’s scale up readiness validation competition (SuRV). Cornish Lithium will use the grant to construct a hydrometallurgical section […]