Scotgold Resources Ltd recorded Q1 production lower than guidance at the company’s gold and silver Cononish mine, near Tyndrum in Scotland. PRODUCTION Gold production totalled 1,257 gold ounces (guidance of 1,400 – 2,200 oz) and process plant feed throughput was some 3,000 tonnes. Circa 8,600 tonnes of ore was mined and transferred to run of mine […]
Day: 15 November 2024
Tungsten West pauses plan to review Hemerdon costs
Tungsten West plc said that rising inflation had prompted it to pause its development plan and evaluate other cost saving options for restarting Hemerdon tin-tungsten mine in Devon. SAVINGS Tungsten West added that any new plan would likely entail a lower capital cost for redevelopment, a reduced operating cost and production rate while retaining the […]
CRL extends Redmoor licence by 10 years
Cornwall Resources Ltd has extended its existing exploration licence agreement to 2037 for the Redmoor copper-tin-tungsten project. LICENCE In October 2012, New Age Exploration Ltd held the original exploration licence which was due to expire in 2027. The licence covers 23km2 surrounding the Redmoor deposit in East Cornwall and provides the rights to explore over the […]
i3 Energy signs Serenity farm-in deal with Europa
i3 Energy plc has signed the farm-in agreement with Europa Oil & Gas Ltd for the UK Seaward production licence P2358, block 13/23c (Serenity) in the Outer Moray Firth area of the North Sea. DRILL DATE Following the farm-out, i3 will retain a 100% working interest in the remainder of Block 13/23c which contains the […]