Cornish Lithium Ltd today said it had received circa £1 million since the start of 2021 from warrant exercises.
Tag: metals and minerals
Alba plans spin-out for Greenland assets
Alba Mineral Resources plc plans to create a spin-out focused on its mineral assets in Greenland. RATIONALE The company’s portfolio includes Amitsoq graphite, Thule Black Sands ilmenite, and Melville Bay iron ore. Alba is finishing preparations for 2021 summer drill programmes as it awaits lifting of travel restrictions due to Covid-19. The company ruled out […]
Critical Metals signs DRC copper-cobalt deal
Critical Metals plc said it had signed a non-binding heads of terms for the possible 57% acquisition of Molulu copper-cobalt project in the Democratic Republic of Congo. The mining investment company signed the deal with Madini Occidental Ltd (MO), which will hold a 70% beneficial interest in a Small Scale Mining Licence (Permis d’Exploitation de […]
Altus granted new copper-tin-zinc licences in Morocco
Altus Strategies plc has been granted three new distinct base metal exploration projects as well as exploration licences adjacent to existing projects totalling 221 km2 in central Morocco. The projects, awarded to the company’s 100% owned subsidiary Aterian Resources Ltd, are considered highly prospective for copper, tin and zinc. Altus has now increased its Morocco portfolio […]
Chesterfield to acquire Adeline copper project
Chesterfield Resources plc announced it is to acquire 100% of a belt-scale copper exploration project, named Adeline, in the Labrador region of eastern Canada. The company, which is exploring for copper in Cyprus, said its objective was to be a leading copper exploration and resource development company to help supply the global demand for electrification. Adeline covers […]
Tertiary to form copper subsidiary in Zambia
Tertiary Minerals plc announced it was forming a subsidiary, Luangwa Minerals Ltd, to target copper exploration and development opportunities in Zambia. The company has retained geologist Marcel Nally who is expected to be appointed as Luangwa’s exploration manager. Mr Nally was previously a director of private Zambian copper producer, Moxico Resources plc, where he identified […]