Central Asia Metals plc said it had started to clean the Kamenka River following a leakage from the tailings storage of it Sasa zinc-lead mine in North Macedonia. The leak occurred on 14 September 2020 at the Sasa Tailings Storage Facility 4 (TSF4) and clean-up operations began in late October. The company added that the […]
Tag: zinc
Calls for more data and no tax rises for miners in Kazakhstan
Central Asia Metals plc (CAM), which has copper interests in Kazakhstan, urged the government to encourage further investment by retaining low taxes. Chief executive Nigel Robinson was speaking at the Mining and Resources Deep Dive session at the virtual Kazakhstan Global Investment Forum during October. Mr Robinson said that while CAM had been successful in […]
Cornish Metals appoints John McGloin as NED
Cornish Metals Inc has appointed John McGloin to the board as a non-executive director. Mr McGloin currently serves as a non-executive director of Perseus Mining Ltd, and Amphi Capital Ltd, a non-executive independent director of Caledonia Mining plc, and the non-executive chairman of Oriole Resources plc, and is the former chairman and chief executive of […]
Anglesey Mining appoints Micon for PEA at Parys
Anglesey Mining has appointed Micon International Ltd to conduct a preliminary economic assessment (PEA) on its base and precious metals project at Parys Mountain in Anglesey, North Wales. OPTIMISATION STUDIES Micon began its work on the copper-zinc-lead-gold-silver project at Parys Mountain in 2006. This has included preparation of the JORC compliant resource estimate in 2012 […]
Anglesey positive on metals market despite losses
Anglesey Mining plc, focused on gold-silver-lead-copper-zinc exploration in Wales and iron in Sweden and Canada, posted wider losses but remains optimistic on the future for mineral projects and companies. In its annual report, the company posted losses before tax of £305,510 for the financial year ended 31 March 2020 (2019: £234,621). The company had £95,311 […]
Anglesey raises £200,000 via placing
Anglesey Mining plc has raised £200,000 via a placing of 12.5 million shares, representing approximately 6.7% of its current issued share capital, at 1.6 pence per share. SCOPING STUDY Proceeds will be used to incorporate all QME engineering and optimisation studies into an updated scoping study or preliminary economic assessment for Parys Mountain. Anglesey will […]