Caerus Mineral Resources plc has changed its name to Critical Mineral Resources plc, effective from today. Chief executive officer Charlie Long said that the new name reflected the company’s evolved strategy. The company, whose market ticker will remain CMRS, recently entered the Moroccan battery metals sector.
Month: November 2024
Gardline awarded Anning-Somerville pipeline survey
The Anning and Somerville joint venture has chosen Gardline Ltd for the geophysical pipeline survey for the gas offtake route. OPERATORSHIP Australian company Hartshead Resources NL and Viaro Group subsidiary RockRose Energy Ltd expect the 80.4 metre MV Ocean Observer will mobilise to the two fields to begin operations in September 2023. Gardline will confirm […]
Tungsten West to appoint new NEDs
Tungsten West plc intends to appoint Adrian Bougourd and Guy Edwards as non-executive directors. The company said it would announce further details once it had completed due diligence checks.
Tungsten West to cut workforce and hours
Tungsten West plc plans to reduce “staff costs” by a further 25% at Hemerdon mine to give priority to planning, permitting, environmental compliance and funding for the project. CREDITORS Chief executive Neil Gawthorpe said that the move to save costs had followed “some difficult decisions”. The reductions will be in the form of redundancies, reduced […]
Tungsten West applies for production permit
Tungsten West plc has submitted applications to produce tungsten and tin and to vary the tonnage cap on lorry movements at Hemerdon mine in Devon. NOISE The company said it completed low frequency noise (LFN) trials over two months before applying to the Environment Agency (EA) for a mineral processing facility permit. The EA’s decision […]
FCM signs exploration deal for Zigzag lithium
First Class Metals plc has signed a three-year agreement with Whitesand First Nation for initial exploration on the Zigzag lithium project in the Seymour Lake area of northwest Ontario. PARTNERSHIPS The company has an earn-in agreement with Nuinsco Resources Ltd on the project which at the time had undergone no discussions with the First Nations. […]