Company Moves Metals & Minerals News

Cornish Metals’ shareholder VBR nominates Tony Trahar to board

Cornish Metals Inc said that its controlling shareholder Vision Blue Resources (VBR) had nominated Tony Trahar as its representative on the company’s board of directors. Mr Trahar has a 40-year career in the mining, natural resources and industrial sectors and is currently a special adviser to VBR. He currently holds 1,222,222 common shares in Cornish […]

Finance Metals & Minerals News

Cornish Metals holds solid cash ahead of VBR investment

Cornish Metals Inc ended last year with a significant increase in cash despite nearly doubling losses at its copper-tin project in Cornwall. FINANCES The Canadian company published its annual results on the same day it announced that Sir Mick Davis‘s Vision Blue Resources Ltd will be the ‘controlling person’ with the completion of a £40 […]

Finance Metals & Minerals News

Cornish Metals looks to £40m backing for South Crofty

Cornish Metals Inc hopes to raise up to £40.5 million from the former chief executive of Xstrata and a placing to advance its South Crofty tin project in Cornwall. FUNDING   The Canadian company has signed a conditional agreement for £25m with Guernsey-based Vision Blue Resources (VBR), founded by South African mining executive and the […]

Metals & Minerals News

Cornish Metals signs further mineral lease at South Crofty

Cornish Metals Inc said it had signed an additional mineral lease to extend its copper-tin exploration area at South Crofty in Cornwall. TERMS The agreement with Sir Ferrers Vyvyan of Trelowarren covers 222 hectares and is valid for 25 years. The Canadian company will pay an annual rent, plus a tin price-based sliding scale net […]