Tungsten West plc said that the Environment Agency has begun a six-week public consultation on the mineral processing facility permit for the Hemerdon tungsten mine in Devon. The exercise is the final step before the EA can issue the permit. In February, the company said that the EA would “identify that they are ‘minded to’ […]
Day: 7 November 2024
CAML targets stake in Aberdeen Minerals
Central Asia Metals plc, focused on North Macedonia and Kazakhstan, has conditionally invested an initial £3 million for a 28.7% stake in explorer Aberdeen Minerals Ltd. DRILLING With a footprint of 7,400ha (75km2) agreed with landowners, Aberdeen is exploring for nickel, copper and cobalt at the Arthrath project in Aberdeenshire, northeast Scotland. The company states […]
Power Metal mulls assets merger for uranium investors
Power Metal Resources plc might combine its uranium licences with some of its other assets to secure an investment agreement. OPTIONS The company, currently preparing Uranium Energy Exploration plc for listing, said it had seen interest from institutional, high-net worth and retail investors in the UK and elsewhere, “including a potential cornerstone investor”. “However, a number of significant […]