Company Moves Metals & Minerals News

EGM awarded Marienberg polymetal licence

European Green Metals Ltd (EGM) has been awarded a “highly prospective” three-year exploration licence covering several historic mining districts in the state of Saxony, Germany. FUNDING The Marienberg permit, covering 381km2 in southern Saxony, hosts several styles of mineralisation within the Marienberg-Pobershau, Annaberg-Buccholz and Seiffen mining districts. EGM said that the districts were mined, from […]

Metals & Minerals News

Cornish Metals MRE shows increase of contained tin

Cornish Metals Inc’s revised mineral resource estimate (MRE) showed an increase of contained tin in the indicated and inferred categories at South Crofty. REVIEW A 31.6% increase was recorded in the indicated while the inferred saw a rise of 15.5% in contained tin. The MRE, prepared in-house and externally verified, focuses on the tin-only section […]

Finance Metals & Minerals News

Cornish Tin to fundraise for second lithium-tin drill

Cornish Tin Ltd aims to raise further funds via a limited shares offer for its tin-copper-lithium-tungsten project at Great Wheal Vor near the village of Breage. USES Money, raised through crowdfunding, will go towards its second exploration drilling campaign and working capital. The first exploration programme for 6,500 metres showed tin grades of up to […]

Finance Metals & Minerals News

CRL to re-apply for grant following refusal

Cornwall Resources Ltd will reapply for grant funding after its submission was refused as the company also considers American backing to develop the Redmoor tin-tungsten project. SOURCES Cornwall and Isle of Scilly Council, due to respond in June, rejected the company’s bid to the Shared Prosperity Fund. The new modified application, based on feedback from the […]

Company Moves Metals & Minerals News

Cornish Metals founder Grenville Thomas retires

Cornish Metals Inc founder Grenville Thomas has stepped down from his post as board director but remains associated with the company as chairman emeritus. Mr Thomas established the company, previously named Strongbow, more than 20 years ago. Born in Swansea, he graduated in 1964 from Cardiff University with a Bachelor of Science degree in Mining […]

Metals & Minerals News

Cadence investee to buy land for Cinovec beneficiation plants

Cadence Minerals plc’s investee company European Metals Holdings Ltd is to buy land for $43.96 million on which to build lithium and ore beneficiation plants for the Cinovec lithium-tin mine in the Czech Republic. DUKLA The project, on the border with Germany, is 100% owned by Geomet s.r.o which in turn is 49% owned by […]