United Oil & Gas plc has acquired the Walton Morant licence in Jamaica on a 100% operated basis, with its initial exploration period extended by 18 months. TARGETS The Jamaican Government approved the move which sees United take Tullow’s 80% equity in the licence for a nominal fee to become the operator and 100% equity […]
News
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 […]
Cornish Lithium-GEL £4m plant to receive public funds
Cornish Lithium’s collaboration with Geothermal Engineering Ltd (GEL) will receive government funding for a £4 million geothermal recovery plant near Redruth in Cornwall. INVESTMENT The company said that the project would be Europe’s first geothermal lithium recovery pilot plant at GEL’s United Downs Deep Geothermal project (UDDGP). The Cornwall and Isles of Scilly Local Enterprise […]
Strongbow begins trading under Cornish Metals
Canadian mining company Strongbow, exploring for copper-tin deposits at South Crofty in Cornwall, has started trading under its new name of Cornish Metals. The company is also expanding the drill programme to United Downs following the recent high grade copper-tin discovery. “The renaming to Cornish Metals is a reflection of our dedication to revitalising an […]
Condor Gold to be ‘shovel ready’ by year end
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 […]
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 […]