Critical Mineral Resources plc chairman Christopher Lambert has left the board of directors with immediate effect. The company said that the board was considering his replacement. The Moroccan-focused company also announced the appointment of general manager Noureddine Sabraou as chief operating officer also with immediate effect. Mr Sabraou is a geologist in the Moroccan mining […]
Tag: Critical Mineral Resources plc
CMR exits Zagora cobalt to focus on Meseta copper
Critical Mineral Resources plc has expanded its Moroccan portfolio with four new exploration permits, covering 80 km2, in the Rabat and Beni-Mellal regions. PRODUCTION The company and its partner have also mutually terminated the binding agreement on the Zagora cobalt earn-in option, although both will continue to seek future joint opportunities. Three of the new […]
CMR independent NED Adrian England to leave
Critical Mineral Resources plc independent non-executive director Adrian England will leave at the end of December. Mr England joined the company in December 2022. “Whilst Adrian will continue to serve the company until this date, the board would like to thank Adrian for his contribution to CMR and that he will leave with the company’s […]
CMR’s welcomes positive sampling results at Anzar
“Exceptionally” high copper and silver grades from channel sampling results along with the discovery of new mineralised layers have been reported at Anzar, central Morocco. SAMPLING Critical Mineral Resources plc (CMR) said that of a total 11 samples taken from random locations at three different historical mining sites, several returned “significantly higher grades than expected”. […]
CMR signs binding heads of terms earn-in for Zagora
Critical Mineral Resources plc (CMR) has signed a binding heads of terms to earn-in to the Zagora cobalt project in Morocco. MILESTONES The project, 25km southwest of Zagora City and 90km south of the Bou Azzer mining district, has shown near-surface cobalt mineralisation with the “potential for a shallow discovery”. CMR said that assays from […]
CMR major investor increases shareholding
Critical Mineral Resources plc (CMR)’s major investor Jason Cropper has increased his shareholding by acquiring 4,240,987 shares from Indo-European Mining PR Ltd. Indo is one of the two purchasers of CMR’s copper assets in Cyprus. Mr Cropper’s shareholding is now 12,046,987 ordinary shares, equal to 23.8% of the company’s 50,525,945 total voting rights, and 19.7% of […]