Finance Metals & Minerals News

Cornish Metals looks to £40m backing for South Crofty

Cornish Metals Inc hopes to raise up to £40.5 million from the former chief executive of Xstrata and a placing to advance its South Crofty tin project in Cornwall. FUNDING   The Canadian company has signed a conditional agreement for £25m with Guernsey-based Vision Blue Resources (VBR), founded by South African mining executive and the […]

Metals & Minerals News

Power Metal notes prospectivity of Athabasca assets

Power Metal Resources plc said that a technical review showed considerable uranium prospectivity at four of its properties surrounding the Athabasca Basin in Saskatchewan, Canada. HISTORICAL DATA Through its wholly owned Canadian operating companies, Power Metal holds seven 100% owned uranium focused properties covering 417.24 km2 (41,724 hectares). The company retained a geological consultant and accelerated technical […]

Company Moves Metals & Minerals News

Horizonte appoints Gillian Davidson as independent NED

Horizonte Minerals plc has appointed Gillian Davidson as independent non-executive director to the board with immediate effect. Ms Davidson has more than 25 years’ experience in the extractives and natural resources sectors. She is an independent sustainability advisor and currently serves as a non-executive director on the boards of Central Asia Metals plc and Lundin […]

Company Moves Metals & Minerals News

Horizonte appoints Vincent Benoit as NED

Horizonte Minerals plc has appointed Vincent Benoit as non-executive director with immediate effect. Mr Benoit has more than 30 years’ corporate finance, business development and M&A experience in the mining, telecom and energy sectors. He identified the opportunity to buy La Mancha and joined the company as head of strategy & business development in 2012. […]

Metals & Minerals News

Cadence appoints WAI as PFS manager at Amapá

Cadence Minerals plc has appointed Wardell Armstrong International Ltd as pre-feasibility study (PFS) manager of the Amapa iron ore project in Brazil. PFS The company last week completed its 27% acquisition of the project. Cadence company said that the PFS, which began late last year, is based on producing 5.3 Mt of iron ore concentrate […]