Metals & Minerals News

Factors shaping the UK ‘critical minerals’ strategy

FEATURE: Now that critical minerals have appeared on the world’s industrial radar, the UK must compete with bigger national geographies and immense purchasing powers to ensure its own supply. TIME AND SPEED The Government has outlined its industrial strategy to assess the country’s requirements and assets to tackle pressing issues such as mobility, green energy […]

Metals & Minerals

Power Metal to drill at Silver Peak before winter

Power Metal Resources plc aims to start drilling for silver after signing a contract to test the Victoria Vein at the Silver Peak project in British Columbia, Canada. The project includes the Eureka-Victoria Silver Mine, the first Crown-granted mineral property in British Columbia. The drill programme is expected to be completed within a two-week window […]

Metals & Minerals News

Alba presses on with drilling at Clogau gold mine

Alba Mineral Resources said its underground drilling programme at Clogau-St David’s gold mine would be unaffected by recent Covid-19 restrictions imposed in Wales. The company added that Wales would introduce a two-week ‘firebreak’ from 23 October to 9 November 2020 to help stop the pandemic. However, Alba is on schedule to complete the first phase […]

Metals & Minerals News

Boulby polyhalite mine increases production and recruitment

ICL Boulby said increased production has resulted in new vacancies and apprenticeships for its 200-hectare polyhalite mine in North Yorkshire. VACANCIES General manager and vice president Andrew Fulton said that the company had completed its first shipment of 25,000 tonnes of polysulphate to India, and contracts totalling more than a million tonnes for customers in […]

Finance Metals & Minerals News

Cornish Lithium reaches £3.8m via fundraise

Cornish Lithium Ltd has so far raised £3.8 million via crowdfunding for its projects in Cornwall. BATTERY METALS HUB Founder and chief executive officer Jeremy Wrathall said that the company was raising additional funding to create a battery metals hub for the UK. “The success of our recent exploration, and government funding for our pilot plant, […]

Metals & Minerals News

Scotgold raises £3m to double mine production

Scotgold Resources has raised £3 million from a placing to double production and increase exploration during 2021 at its Cononish Gold and Silver Mine in Loch Lomond and Trossachs National Park. The company raised the funds before expenses by way of placing 2,727,273 depositary interests of no par value in the company (new ordinary shares) […]