Cornish Metals Inc’s refurbishment and dewatering of the New Cook’s Kitchen shaft is progressing at the South Crofty tin mine project in Pool, Redruth, Cornwall. PUMPS Operations have reached the mid-shaft pump station, approximately 360 metres below surface. The Canadian company has started to secure the work area and stabilise the underground chamber of the […]
Tag: South Crofty tin mine – Cornwall
Cornish Metals awarded Digbee ‘A’ rating
Cornish Metals Inc. has received an inaugural A rating for corporate and project performance at its South Crofty tin project in the village of Pool, Redruth. TRANSPARENCY Technology company Digbee’s sustainability frameworks, in accordance with global standards, assigns ratings from AAA to D. Cornish Metals said its score is based on an average of scores […]
Cornish Metals defers South Crofty production
Cornish Metals Inc has pushed back production from 2027 to the first half of 2028 following slower dewatering rates at its South Crofty tin mine project near Redruth PUMPS Maintenance work on the submersible pumps and delays in servicing one of the pump motors slowed dewatering “in recent months”. Dewatering returned to near full capacity […]
Cornish Metals issues 800,000 new shares
Cornish Metals Inc has issued 800,000 new shares following the exercise of stock options for common shares without par value, at 10 cents per common share, for C$80,000 (£43,316). Following admission, the company’s issued and outstanding share capital will consist of 1,253,501,993 common shares. Cornish Metals does not hold any common shares in treasury. The […]
Cornish Metals issues 287,914 shares
Cornish Metals Inc. has issued 287,914 common shares via the exercise of 750,000 stock options using a “net exercise” which shareholders approved in June 2023. TVRs The method involves issuing shares equivalent to the value of the net gain, which is the difference between the exercise price and the market value on the date of […]
Cornish Metals issues first sustainability report
Cornish Metals Inc has published its inaugural sustainability report for 2024 covering its South Crofty tin mine project in Cornwall. RESPONSIBLE “The report outlines our performance and progress across key sustainability pillars, including governance and ethics, social responsibility and environmental stewardship, establishing a baseline for future reporting,” said the Canadian company. “To support transparency and […]