Cornish Metals reported an unexpectedly high-grade intersection of 2.19% tin more than 100 metres below any historic mining at South Crofty mine in Cornwall. Cornish Metals said the results reflected the mine’s potential and the possible discovery of “economic structures” in areas of the mine not previously considered. The company contrasted the findings with the […]
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WCM aims to employ more than 500
West Cumbria Mining (WCM) is assessing local contractors and businesses to support its plan for a high quality metallurgical coal, near Whitehaven in West Cumbria. The company aims to employ 510 full-time skilled and semi-skilled employees who will constitute up to 80% of the workforce within 20 miles of the mine. A total of 170 […]
Power Metal exercises earn-in option to Silver Peak
Power Metal Resources has exercised its option to earn-in to the Silver Peak project in southern British Columbia, Canada. Following positive due diligence at the Eureka-Victoria silver mine, the company will now be able to earn-in to a 30% interest in the project, with an additional C$225,000 committed for ground exploration. A technical review is […]
Union Jack losses widen but future remains ‘bright’
Union Jack Oil reported its total losses nearly doubled to £935,151 in the first six months of 2020 compared with £484,068 for the same period last year, but it remained confident in the future. In its unaudited results for the first six months to 30 June 2020, the company reported a fall in revenue of […]
Tungsten West takes market edge with aggregates
Tungsten West has sufficient aggregates to offset tin-tungsten production costs, and has a new resource statement of 332Mt with a projection in excess of a billion at Hemerdon mine in Devon. STELLAR The aggregates find was a surprise that could give the company a “huge advantage” over local competitors because, as a base metals business, […]
Banks reviews refusal for Highthorn surface coal mine
Banks Mining said it will consider its next steps following the Government’s decision to reject its application for a surface mine in Northumberland. On Tuesday (8 September), Housing, Communities and Local Government Minister, Robert Jenrick, said that the proposed open cast mine near Druridge Bay, Highthorn “would have an adverse impact on landscape character of […]