Caerus Mineral Resources plc today announced progress across its copper-gold operations, bulk waste materials project and in its search for new volcanogenic massive sulphide (VMS) opportunities in Cyprus. The company said it was also in advanced discussions over three “highly prospective” copper-gold sites, and one with a new mining licence application under active consideration by […]
Tag: metals and minerals
Cornish Lithium mulls further fundraise
Cornish Lithium Ltd said it was considering another fundraise for its lithium exploration and development projects in the county. PROJECTS The company’s last fundraise in September 2020 via crowdfunding raised more than £5 million. Construction has started of a government-funded lithium extraction pilot plant for Trelavour and Cornish Lithium has acquired a lithium extraction technology […]
Kanye identifies extensive anomalies at South Ghanzi
Kanye Resources said it had identified extensive anomalies including seven AEM conductive targets at the South Ghanzi copper-silver project in the Kalahari Copper Belt, Botswana. SJV Kanye is a 50-50 strategic joint venture between Power Metal Resources plc and site operator Kavango Resources plc who have each set up holding companies; Kanye Resources Pty Ltd […]
Oriole begins regional mapping-sampling at CLP
Oriole Resources plc announced it had started its regional mapping and stream sediment sampling programme at its gold Central Licence Package in Cameroon. SAMPLES The company has collected a total of 180 samples of a planned 1,360 sample programme covering a contiguous land package of 3,592 km sq. Results are expected during the second half of […]
WCM loses council support for coal mine
West Cumbria Mining Ltd has lost support from the local authority for the company’s plans to build a metallurgical coal mine under the seabed off the coast of Whitehaven in Cumbria. The Planning Inspectorate is due to hold a public inquiry on the company’s application after the Secretary of State decided to call in the […]
Power Metal eyes new Botswana gold-nickel prospects
Power Metal Resources plc has signed an option agreement, with a down payment on drilling, to acquire a 100% interest in two gold-nickel prospecting licences in the Tati Greenstone Belt (TGB), northeast Botswana. Following a 60-day period of due diligence, Power Metal may exercise the option through its newly formed 100% owned subsidiary Power Metal […]