Cornish Lithium Ltd has chosen Ai Process Systems Ltd to provide detailed engineering, procurement, supply and manufacture, installation and commissioning services (EPCC) for the Trelavour hard rock lithium project near St Austell. DEMONSTRATION PLANT The Lancashire-based company will focus on the hydrometallurgical section of the demonstration scale processing plant at Cornish Lithium’s Trelith processing site. […]
Month: November 2024
Reabold conditionally acquires Simwell
Reabold Resources plc has increased its oil and gas interests with the conditional acquisition of Simwell Resources Ltd. LICENCES The company signed a sales and purchase agreement (SPA) for a total initial consideration, plus repayment of all outstanding creditors/liabilities, of £1 million in part shares-part cash. Reabold said that the deal would substantially increase its footprint […]
Tertiary starts detailed soil sampling at Jacks
Tertiary Minerals plc has started a detailed soil sampling programme at the Jacks copper project in Zambia. JOINT VENTURE The company has earned a 90% joint venture interest from local company Mwashia Resources Ltd. The Jacks prospect lies within exploration licence 27069-HQ-LEL, covering 141.4 km2,and is located 85km south of Luanshya in Zambia. PROGRAMME The […]
Arkle agrees further drill hole at Stonepark
Arkle Resources plc said it had agreed with its joint venture (JV) partner to drill a further hole at the Stonepark zinc project in Limerick, Ireland. JOINT VENTURE The company holds 23.44% and operator Group Eleven Resources Corp owns 76.56%. STEP-OUT HOLE After completing the current six-hole programme, Group Eleven will drill the additional hole […]
Tungsten West grants 2.8m share options
Tungsten West plc has granted directors and employees a total of 2,799,982 options over ordinary shares of £0.01 each in the company. PDMRs Recipients include the chief financial officer, managing director, executive vice chairman and other employees pursuant to the company share option plan (2022 CSOP) and employee share option plan (2022 ESOP). The options […]
Cora defers DFS to enhance Sanankoro economics
Cora Gold Ltd said it would need more time to produce the definitive feasibility study (DFS) for the Sanankoro gold project in southern Mali. OPTIMISATION The company had aimed to complete the DFS in Q3 2022 but now expects to report on progress during Q4 2022 as it “optimises various aspects of the study”. Chief […]