Tungsten West plc has agreed a US$25 million bridging loan facility with an entity controlled by its substantial shareholder Gregory Coffey, to progress the Hemerdon tungsten-tin mine project in Devon. CAPACITY The company also plans to “materially increase” production capacity, including “significant” additional capacity in the new build programme, “in response to recent market conditions”. […]
Tag: offtake
Altona positive on fluorspar tests and discoveries
Altona Rare Earths plc returned “very encouraging” fluorspar metallurgical test results along with new fluorspar discoveries at its Monte Muambe rare earths project in Tete Province, northwest Mozambique. OUTCROPS Initial flotation tests of ore samples showed a concentrate at 93.62% calcium fluoride, with impurities reduced to “acceptable or near-acceptable levels” for hydrofluoric acid production. “These […]
Sunrise ships pozzolan bulk sample for trials
Sunrise Resources plc has mined and shipped a 20-ton bulk sample for trial to an established minerals company its CS natural pozzolan project in south central Nevada, USA. INVESTMENT The potential customer’s laboratory testing will include milling and mixing the sample with other cementitious materials for evaluation. Earlier this month, Sunrise announced that the CS […]