Finance Metals & Minerals News

WCM nears restart of deep coal mining in the UK

West Cumbria Mining (WCM) said it was delighted that the Government has lifted its holding direction on the company’s proposed deep coal mine near Whitehaven, off the coast of Cumbria. ESTIMATED RESOURCE Secretary of State Robert Jenrick MP has decided not call in the application for him to settle the matter and the plans will […]

Metals & Minerals News

Alba renews Limerick zinc-lead licence until 2022

Alba Mineral Resources plc has renewed its exploration licence PL3824 for base metals in Limerick, western Ireland. TERMS The company now has until 26 May 2022 to determine the next phase of exploration which might include drilling key zinc targets. Alba must spend €15,732 by 26 May 2021 and a further €50,000 by 26 May […]

Metals & Minerals News

Altus intercepts broad high grade gold at Diba, West Mali

Altus Strategies plc said it had encouraging initial results from its 10,000m reverse circulation (RC) drilling programme at its 100% owned Diba gold project in western Mali. The Africa-focused company also reported discovering two new zones at the Diba NW prospect, 800m northwest of the main deposit. Diba, located in a gold belt hosting numerous […]

Metals & Minerals News

Cornish Lithium granted geothermal exploration licences

Cornish Lithium has been granted licences to explore for lithium within the geothermal waters in areas off the north and south Cornish coasts. GEOLOGICAL STRUCTURES The Crown Estate, which manages the seabed and most of the foreshore around England, Wales and Northern Ireland, granted the rights in the Minerals Licensing Round. Yesterday’s decision follows a […]

Company Moves News Oil & Gas

Premier Oil proposes three further independent NEDs

Premier Oil has announced the proposed appointment of three additional independent, non-executive directors (NEDs) to its board. Alan Ferguson, Margareth Øvrum and Andy Hopwood will be appointed with effect from completion of the merger with Chrysaor, except Ms Øvrum whose appointment will be effective on the later of 1 April 2021 and completion of the […]