Company Moves Metals & Minerals News

Tungsten West co-founder and CEO Max Denning leaves

Tungsten West plc said that chief executive officer Max Denning will leave his role and the board with immediate effect. The company added that executive vice-chairman and co-founder Mark Thompson had assumed the responsibilities of CEO. Mr Thompson previously held senior management positions at commodity trader Trafigura and its investment division Galena Asset Management, global […]

Metals & Minerals News

Cornish Metals starts 8,000-12,000m drill

Cornish Metals Inc has started a minimum 8,000 – 12,000 metre drill programme ahead of dewatering the tin mine at South Crofty in Cornwall. DRILL RIGS The Canadian company aims to collect samples for metallurgical testwork as part of the feasibility study. Cornish Metals has contracted three drill rigs from Priority Drilling, two drilling from […]

Metals & Minerals News

Cornish Metals drill rig moves to South Crofty

Cornish Metals Inc said it had completed the drill programme at United Downs and moved the drill rig to South Crofty at its tin-copper-zinc project in Cornwall. PROGRAMME The news comes as the Canadian company reported multiple zones of mineralisation intersected at the underexplored target of Trenares. In addition, the company drilled eight drill holes […]

Metals & Minerals News

Cornish Metals finds multiple polymetallic zones at Trenares

Cornish Metals Inc said it had found multiple zones of tin, zinc, silver with minor copper mineralisation in the underexplored area of Trenares at the United Downs project, Cornwall. TRENARES The Canadian company is focused on South Crofty underground tin project through to delivery of a feasibility study, as well as exploring its additional mineral […]

Finance Metals & Minerals News

Cadence looks to future value after losses

Cadence Minerals plc swung to a loss during 2021 but said its assets, particularly iron ore and lithium, would perform well in the future. FINANCES In its annual results for the year ended 31 December 2021, the company reported a loss of £0.14m (2020: £7.82m profit) due to reduced realised and unrealised profits and losses for […]

Company Moves Metals & Minerals News

Cornish Metals’ shareholder VBR nominates Tony Trahar to board

Cornish Metals Inc said that its controlling shareholder Vision Blue Resources (VBR) had nominated Tony Trahar as its representative on the company’s board of directors. Mr Trahar has a 40-year career in the mining, natural resources and industrial sectors and is currently a special adviser to VBR. He currently holds 1,222,222 common shares in Cornish […]