Corcel plc said it had received its externally commissioned Gap analysis report for its Wowo Gap lateritic nickel-cobalt project (100%) in Papua New Guinea. GAP ANALYSIS AMC Consultants Pty Ltd prepared the Gap analysis which builds on the project’s previous owners’ 2010 feasibility study and the 2016 direct shipping ore (DSO) study. The report includes […]
Tag: metals and minerals
Cornish Metals appoints new auditor
Cornish Metals Inc announced it had changed its auditor from Davidson & Company LLP to PKF Littlejohn LLP. The Canadian company will recommend the new appointment for shareholders’ approval at its next general meeting due at the end of July 2022.
Scotgold notes record quarterly production
Scotgold Resources Ltd announced record production for April and May 2022 at its Cononish gold and silver mine, near Tyndrum in Scotland. PRODUCTION Production for the two months amounted to 1,984 oz gold and 10,810 oz silver. The Australian-owned company said it was on course to achieve upper quartile and/or exceed Q2 2022 target of […]
Altus receives record $1.5m from Caserones
Altus Strategies plc said higher prices and production resulted in a record quarterly royalty pre-tax income of US$1.54 million for Q1 2022 from the Caserones copper mine in northern Chile. CASERONES The Caserones mine is a large, open-pit copper-molybdenum porphyry deposit, located within a 17,000 hectare land package approximately 4,300m above sea level in the […]
Caerus confirms near surface mineralisation at Anglisides
The Caerus Mineral Resources plc and Bezant Resources plc joint venture said drilling results showed near surface copper mineralisation at the Anglisides licence, a satellite of the Troulli gold-copper project in Cyprus. LIFE OF MINE The JV expanded its ten-hole diamond drill programme to 16 holes to test the near surface copper potential for Anglisides and received […]
Altona results show high levels of Monte Muambe NdPr
Altona Rare Earths plc reported “significant” total rare earth oxide (TREO) grades including high levels of neodymium-praseodymium (NdPr) at Monte Muambe project in Tete Province, Mozambique. TARGET DRILLING Since February, Altona has collected and assayed more than 1,700 soil samples, refining the orebodies boundaries and identifying four new, rare earth element (REE)-rich drilling targets. Results […]