Galantas Gold Corporation said it had increased gold concentrate processing after adding an extra work shift at its Cavanacaw Gold Mine in Omagh, County Tyrone. The Canadian company began three-shift processing on 26 October 2020 with the additional shift resulting in a rise in milling from 84 hours to 120 hours per week. Galantas added […]
Metals & Minerals
Red Rock acquires 100% of Migori gold project
Red Rock Resources plc has acquired 100% interest in the Migori gold project in southwestern Kenya. MINERAL RESOURCE ESTIMATE The company has also appointed CSA Global (UK) to provide a revised mineral resource estimate (MRE) for the project. This will bring the 1.2 million oz MRE reported in 2013 according to the JORC 2004 code […]
Cadence JV drill results show positive rare earth indicators
Cadence Minerals plc said the latest drill results were positive indicators from the Simon’s Find deposit at the Yangibana rare earths joint venture in Gascoyne, Western Australia. ECONOMIC ZONE Partner Hastings Technology Metals’ drill results showed a “major 2km long zone of economic mineralisation significantly expanding the existing resource base”. The area also contained “world-beating […]
Power Metal steams ahead after first Molopo drill hole
Power Metal Resources said it had completed drilling the first hole (KKME 1-14) in a 2,505-metre four-hole programme for its nickel sulphide and platinum-group metal (PGM ) project in Botswana. The hole reached the target depth of 520m with near 100% core recovery at the Molopo Farms Complex (MFC). Power Metal added that the suite of […]
Helium One to use £6m for aggressive drilling
Helium One Global has raised £6 million to fund infill seismic acquisition and to drill three wells during the first half of 2021 at its Rukwa project in southwest Tanzania. AMALGAMATION The £6 million was raised by the conditional placing of 211,267,597 ordinary shares at 2.84 pence per share and was “significantly oversubscribed”. The company also announced […]
CSM leads pioneering tech-metals circular economy centre
A pioneering new research centre, led by the Camborne School of Mines, aims to revolutionise the extraction, use and reuse of critical metals for clean and digital technologies in the UK. The research will begin with a case study of industries in Cornwall where exploration projects for lithium, tin and tungsten offer the opportunity for […]