Red Rock Resources plc has entered into two deed agreements following a dispute involving Vector Resources Ltd (VEC) which holds 60% of the Adidi-Kanga gold project in the Democratic Republic of Congo. ARBITRATION Chairman Andrew Bell said that the company was “well positioned” to play a constructive role given its familiarity with VEC, which has […]
Legal
First aggregates levy register to ensure legality and safety
The first register of businesses and sites registered for aggregates levy has been published to ensure legal compliance and transparency. TRANSPARENCY The Mineral Products Association (MPA), MPA Northern Ireland and MPA Scotland had asked for the register during the recent aggregates levy review to ensure fair and open markets, safety of operations and compliance with […]
Dalradian faces public inquiry over £750m mine plans
Dalradian Gold will undergo a public inquiry over its proposals to open a £750 million gold-silver-copper mine in Curraghinalt, County Tyrone. SCRUTINY Backed by investor Orion Resource Partners, the American company aims to extract 3.5m oz of gold deposit, 15,000 tonnes of copper and 850,000 oz of silver deposit from the site. Dalradian applied for […]
Legal challenge dropped against WCM coal mine plans
A judicial review challenge has been withdrawn against plans for a new £165 million coal mine, mainly in the seabed off Whitehaven in West Cumbria. West Cumbria Mining (WCM) plans to produce “between two and three million tonnes of high quality, specialist, hard metallurgical coal per annum” at Woodhouse Colliery to supply the steel industry […]