Union Jack Oil reported its total losses nearly doubled to £935,151 in the first six months of 2020 compared with £484,068 for the same period last year, but it remained confident in the future. In its unaudited results for the first six months to 30 June 2020, the company reported a fall in revenue of […]
Author: editorial
Tungsten West takes market edge with aggregates
Tungsten West has sufficient aggregates to offset tin-tungsten production costs, and has a new resource statement of 332Mt with a projection in excess of a billion at Hemerdon mine in Devon. STELLAR The aggregates find was a surprise that could give the company a “huge advantage” over local competitors because, as a base metals business, […]
Banks reviews refusal for Highthorn surface coal mine
Banks Mining said it will consider its next steps following the Government’s decision to reject its application for a surface mine in Northumberland. On Tuesday (8 September), Housing, Communities and Local Government Minister, Robert Jenrick, said that the proposed open cast mine near Druridge Bay, Highthorn “would have an adverse impact on landscape character of […]
South Crofty drill shows high grade tin-copper
Cornish Metals has announced high-grade tin and copper results from its first batch of the South Crofty 2020 diamond drill programme in the village of Pool, Cornwall. The Canadian miner reported that it had intersected multiple lode structures with the results showing high grade metal mineralisation. The company has also intersected three additional lode structures […]
Power Metal completes Silver Peak due diligence
Power Metal Resources has completed its due diligence at the exploration programme in the Silver Peak project in British Columbia, Canada. A total of 11 channel samples were taken from the Victoria vein faces exposed in the cliffs and open stopes located vertically above the Victoria adit. Samples have been submitted to the accredited laboratory, […]
Banks refused plans for Highthorn surface coal mine
Banks Mining Group has been refused permission for a surface coal mine near Druridge Bay, Highthorn in Northumberland because of the effects on the landscape. Housing, Communities and Local Government Minister, Robert Jenrick said that “the proposed development is not likely to provide national, local or community benefits which clearly outweigh its likely impacts.” Any […]