Cornish Lithium Ltd said it had started the second drill campaign at its Trelavour hard rock lithium project near St Austell, Cornwall. MINERAL RESOURCE ESTIMATE The eight to 10-week drill campaign will use two drill rigs and comprise 1,500m diamond drilling and 2,500m reverse circulation drilling, with results contributing to the inaugural mineral resource estimate. […]
Metals & Minerals
Cadence marks start of site works at Sonora lithium
Cadence Minerals plc, with joint venture interests in lithium exploration and development in northwest Mexico, announced that initial site activities have started at the project in Sonora. Canadian miner Bacanora Lithium is building Sonora with the world’s largest lithium metals producer, Ganfeng Lithium Co. Ltd. Cadence has interests in concessions of the project through its […]
WCM urges council to back coal mine
West Cumbria Mining Ltd (WCM) today urged Cumbria County Council to support once more the company’s plans for a metallurgical coal mine off the Cumbrian coast. The company’s comments follow yesterday’s (9 February) announcement by the local authority to return the application to its Development Control and Regulation Committee for redetermination. bit.ly/3tJEzGz The council referred […]
WCM plans for deep coal mine under fresh scrutiny
West Cumbria Mining (WCM)’s plans for a coking coal mine will be reconsidered by the local authority which cited new government guidelines on greenhouse emissions for its decision. CLIMATE CHANGE The company, backed by Australian investment company EMR Capital Resources, hopes to start extracting coking coal in mid-2022 off the Cumbrian coast near Whitehaven. WCM’s […]
Red Rock quickens to drill stage in Luanshimba
Red Rock Resources plc said it intended to speed up progress towards drilling at its 80% owned copper-cobalt Luanshimba licence in the Democratic Republic of Congo (DRC). The announcement followed further positive results from the ground geophysics programme at the site. The natural resource development company said that the first two phases of the programme […]
Cornish Metals raises £8.2m via placing and subscription
Cornish Metals Inc said it had conditionally raised £8 million through a placing and subscription of common shares with new and existing investors. The Canadian company added that an additional investment of approximately £206,000 was made through an offer to high-net investors. The total amount reached £8.2m (CA$14.37m). Cornish Metals announced last Friday (5 February) […]