Cornish Metals Inc has installed the first submersible pump for stage one of the dewatering programme in New Cook’s Kitchen (NCK) shaft at the South Crofty tin project in Cornwall. STAGES The pump is the first of two for the two-stage mine dewatering programme. The specialist high-head 950 kW vertical submersible pumps, manufactured by KSB […]
Month: November 2024
Cadence welcomes non-binding off-take for rare earths
Cadence Minerals plc welcomed a non-binding heads of agreement with a potential offtake partner for rare earth elements concentrate from the Yangibana project in Western Australia. FEEDSTOCK Hastings Technology Metals, to which Cadence sold its project share, signed the deal with Neo Performance Materials Inc. In Stage I, Hastings supply up to 25,000 tonnes per […]
Corcel appoints new CEO and CFO in board changes
Corcel plc has made a series of board changes with current chairman James Parsons becoming chief executive officer and executive director with immediate effect. Scott Kaintz moves from the CEO role to chief financial officer and steps down from the board. Antoine Karam joins the board as a non-executive chairman. He is a 45% shareholder […]
Corcel’s new CEO to receive 12.4m shares as part salary
Corcel plc’s new chief executive officer James Parsons has chosen to receive part of his salary for the next six months in new ordinary shares in the company. A total of 12,447,965 new ordinary shares were today issued to Mr Parsons at £0.004 per share, being a 29% premium to the closing price on 13 […]
Scotgold appoints shareholder Maurice Mason as NED
Scotgold Resources Ltd has appointed one of its shareholders Maurice Mason as a non-executive director (NED) with immediate effect. Mr Mason has more than 20 years’ experience within the mining industry. He previously held roles in Anglo American and is currently the vice president of corporate development at gold producer Caledonia Mining Corporation plc. Before joining […]
Predator identifies new potential gas reservoirs
Predator Oil & Gas Holdings plc has identified two new unexpected potential gas reservoirs during the MOU-3 well’s appraisal on the Moulouya Fan primary reservoir target at Guercif, onshore Morocco. SANDS The operator said that operations had encountered “significant” shallow overpressured gas, identifying a path for the migration of deep gas into the next six […]