Condor Gold hopes to start using bulldozers by the end of this year to clear the site at La India gold mine in Nicaragua. In an interview with Proactive Investors, Condor’s chief executive Mark Child added that the company had been granted permits for two feeder pits and that he hoped the site would be […]
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ICL Boulby signs new international contracts
ICL Boulby polyhalite mine on the coast of East Cleveland, Teesside has secured international contracts to produce more than a million tonnes of fertiliser. The agreements are with China, Poland, Spain and Ukraine over three to 12 years and follow an increase in sales at Boulby Mine of 50% in each of the past three […]
‘Cowardly and illogical inaction’ threatens UK coal mining
Banks Mining has blamed government inaction for 24 possible mining job losses with a further 220 jeopardised because no planning decisions have been made on new mines. Coal has been excavated at Brenkley Lane surface mine near Newcastle and the site restored with landscaping. However Banks has waited more than 18 months for the Government […]
Power Metal targets major finds and financial independence
Power Metal Resources announced its future strategy was to make one or more major metal discoveries and work towards financial independence. ASSETS The company, which focuses on cobalt, copper, gold, lithium, nickel and PGMs, recently raised £1 million taking its total assets to £3.04 million. Power Metal is involved in five main projects and two […]
Scotgold starts slab pours and expands tunnels
Scotgold Resources Ltd has started slab pours ready to place equipment following resumption of blasting at the high grade Cononish gold and silver mine in Argyll, Scotland. WASTE ORE Operations had stopped due to the pandemic, but the Australian company is now focused on expanding tunnels to mine through rock which has no gold in […]
Tungsten West to be one of the biggest producers outside China
Tungsten West Ltd will spend £30-40 million on reopening Drakelands / Hemerdon mine in Devon to become one of the biggest producers of tungsten concentrate outside China. The company is currently progressing with feasibility studies on tin-tungsten in the mine, also known as Hemerdon Mine, which is said to have the fourth largest reserves of […]