Equipment & Logistics Metals & Minerals News

Cornish Metals begins wet commissioning of water treatment plant

Cornish Metals Inc yesterday began wet commissioning, originally expected in May, of its new mine water treatment plant at South Crofty.  PROCESS The plant will use high density sludge (HDS) process technology to treat raw mine water with 25,000m3/day of water pumped directly from South Crofty tin mine. The Canadian company will fill all the […]

Equipment & Logistics Metals & Minerals News

Sunrise reports ‘medium-high grade’ sepiolite at Pioche

Two principal horizons of “medium-high grade” have been confirmed at Sunrise Resources plc’s sepiolite project near the town of Pioche in Lincoln County, Nevada. COMMERCIAL QUALITY Owner Sunrise Resources plc said that the summer’s exploration programme saw option holder and Spanish subsidiary Tolsa SA complete 20 drill holes over 2km by 1.1km. The holes, drilled […]

Equipment & Logistics Finance News Oil & Gas

Oil-based fluids to boost West Newton flow rates

Reabold Resources plc said that the Environment Agency had approved the use of oil-based drilling fluids during drilling and testing the West Newton B-2 well. FUNDING The variation of the permit for the West Newton B well site allows joint venture partner and operator Rathlin Energy (UK) Ltd to use oil-based fluids within the Permian […]

Equipment & Logistics News Oil & Gas

WR-34Z begins production ahead of KRT-45Z drilling at West Rustavi-Krtsanisi

Block Energy plc has started production from its third well, in the first of three projects, and is preparing to drill the fourth on the West Rustavi-Krtsanisi field, Georgia. TEST RESULTS The company said that the WR-34Z development well had been in continuous production for more than 19 days with test results showing an average […]

Equipment & Logistics News Oil & Gas

Baron pursues Chuditch-1 as losses double

Baron Oil plc has doubled losses while remaining focused on appraising the Chuditch gas discovery in Timor-Leste and expanding its operations. DRILL DECISION Six months to 30 June resulted in a net loss of £847,000 (H1 2022: net loss of £419,000). Administrative expenses rose to £778,000 (£497,000) and operating losses increased to £925,000 (420,000). Available cash nearly doubled […]

Equipment & Logistics Metals & Minerals News

Altona MRE shows 13.6m tons at 2.42% TREO for Monte Muambe

A total 13.6 million tons at 2.42% total rare earth oxides (TREO) has been recorded in the inaugural mineral resource estimate (MRE) for the Monte Muambe project in northwest Mozambique. FAST TRACK Altona Rare Earths plc’s JORC compliant MRE, using a cut-off grade of 1.5%, includes 0.31% NdPrO representing 42,500 contained tons of neodymium and praseodymium […]