Tungsten West plc has started small scale production of legacy tin and tungsten from its partially recommissioned mineral processing facility (MPF) at Hemerdon in Devon. LEGACY ASSETS REVENUE The material and a limited amount of residual material remaining in circuit, totalling just over 50 tonnes, was processed in the recommissioned dry section of the MPF’s […]
Equipment & Logistics
Cadence to save $28m by relocating Amapá rail loop
Cadence Minerals plc has identified savings of approximately US$28 million, or 24%, on the cost of refurbishing the port at the Amapá iron ore project in Brazil. UNLOADING The figure follows the company’s review of the scoping study, completed in March, and integration into the original pre-feasibility study published in January this year. “The savings […]
UKOG suspends testing at Pinarova-1
UK Oil & Gas plc (UKOG) suspended testing to await more powerful 7-inch perforating guns to penetrate the 9⅝-inch casing and cement of the Pinarova-1 exploration well in Turkey. EQUIPMENT The decision follows analysis of downhole pressure gauge data from testing which indicated that the 4.5-inch perforating guns used were unable to establish direct contact […]
WCM secures ‘multi-million pound’ deal for Woodhouse
West Cumbria Mining Ltd (WCM) has completed a new “multi-million pound funding package” for Woodhouse Colliery, near Whitehaven. WORKSTREAMS The undisclosed amount will finance the next development phase throughout 2023 and the start of construction in 2024. WCM previously published its backer as Australian investment company EMR Capital Resources. The company said it had also […]
Cornish Metals sets date for dewatering South Crofty
Cornish Metals Inc expects wet commissioning of the mine water treatment plant to begin in June and continue into July, before dewatering starts in August at the South Crofty tin project in Cornwall. PROGRESS The plant, estimated to cost £6.6 to £7 million, is designed to treat 25,000 cubic metres of mine water per day. […]
Neptune awards £100m drilling services contract
Neptune Energy has awarded a contract of more than $100 million to Tenaris for equipment and services to support drilling activities on the Norwegian Continental Shelf. GJØA AREA The five-year contract, with two options for two-year extensions, covers the manufacture, transport, handling and repair of a range of casing materials used in offshore drilling activities. […]