Metals & Minerals News

Kavango finds ‘Norilsk style’ cluster of EM conductors at KSZ North

Kavango Resources plc said it had identified a cluster of three electromagnetic (EM) conductors within Target Area B in the northern (Hukuntsi) section of the nickel-copper-platinum group element (PGE) Kalahari Suture Zone (KSZ) in Botswana. NORILSK MODEL The company added that the size and orientation of the conductors conformed to an idealised model for the […]

Metals & Minerals News Oil & Gas

UKMEF warns skills shortage threatens future economy

A UK’s mining education forum today warned that a shortage of suitably skilled graduates threatened the revival of the country’s mining sector and the future economy. EMPLOYMENT The UK Mining Education Forum (UKMEF) added that a modern, high-tech mining industry was essential to the future of the UK as British industry looks closer to home […]

Metals & Minerals News

Cornish Metals starts 8,000-12,000m drill

Cornish Metals Inc has started a minimum 8,000 – 12,000 metre drill programme ahead of dewatering the tin mine at South Crofty in Cornwall. DRILL RIGS The Canadian company aims to collect samples for metallurgical testwork as part of the feasibility study. Cornish Metals has contracted three drill rigs from Priority Drilling, two drilling from […]

Metals & Minerals News

Caerus looks to clean energy investments and targets

Caerus Mineral Resources plc said it was reviewing a number of investment opportunities and was in early-stage discussions with several potential targets in key clean energy commodities. CLEAN ENERGY The Cyprus-based exploration and resource development company focuses on generating copper-gold value from the historic copper mining island of Cyprus. “Whilst discussions are ongoing, there can be […]

Metals & Minerals News

Oriole completes first tranche of salary sacrifice

Oriole Resources plc said it had completed the first tranche of the salary sacrifice scheme to advance the company’s Central Licence Package and the Bibemi projects in Cameroon. SHARE CAPITAL The company added that a £21,000 had been converted at 0.205 pence to 6,576,192 new ordinary shares of 0.1p each. Following the issue of the […]

Metals & Minerals News

Power Metal-Kavango report further progress at Botswana projects

Power Metal Resources and Kavango Resources’ joint venture reported further progress from their rare earth element (REE)-base metals projects in southwest Botswana. JOINT VENTURE The 50-50 partners operating as Kanye Resources have assets comprising Ditau Camp and in the Kalahari Copper Belt (KCB). DITAU CAMP At Ditau, operator Kavango completed four diamond drill holes across […]