Tertiary Minerals reports renewed interest in its Storuman fluorspar project following Sweden’s updated critical mineral strategy and national security designation.
Tag: Storuman fluorspar – Sweden
Tertiary awards 47m warrants
Tertiary Minerals plc has granted a total of 47 million five-year warrants, exercisable at 0.085 pence per new ordinary share, to its directors and employees as part of their remuneration. ZAMBIA The warrants represent 0.91% of the company’s existing issued share capital and allow the recipients to subscribe for new ordinary shares of 0.01 pence […]
Tertiary directors buy total 28.6m shares
Tertiary Minerals plc directors have bought, in aggregate, 28,590,962 ordinary shares of 0.01 pence each in the company. HOLDINGS Managing director Richard Belcher purchased 9,433,962 shares, taking his shareholding to 43,640,657, equal to 0.85% of the company’s issued share capital. Executive chairman Patrick Cheetham bought 19,157,000 shares and, together with 2,843,625 held by K E […]
Tertiary advances to drilling in Nevada-Zambia
Tertiary Minerals plc is progressing closer to drilling its copper projects in Nevada, US and Zambia. PROSPECTIVITY The company has signed a contract for up to 2,500m air core drilling at Mushima North to test the A1 copper-in-soil geochemical anomaly. Access roads and initial drill pad preparation are complete with drilling expected to begin today. […]
Tertiary again refused Storuman mining licence
Tertiary Minerals plc has again been refused a mining concession for its legacy Storuman fluorspar project in Sweden. DISTRACTION The Mining Inspectorate initially granted permission for the 2014 application and then overturned its decision following opposition from the Sami Village – reindeer herders – and the County Administration Board (CAB). Tertiary had argued that the […]
Tertiary defers diverting resources to Storuman
Tertiary Minerals plc has no immediate plans to divert significant resources from its base and precious metals projects to its wholly owned Storuman fluorspar deposit in Sweden. REINDEERS The decision follows the country’s government yesterday annulment of the Mining Inspectorate’s 2019 decision to refuse the company’s application for a mining concession. “This is a welcome […]