Critical Mineral Resources plc (CMR) has concluded the $525,001 sale of its Cyprus copper assets to PM Ploutonic Metals Ltd and Indo-European Mining PR Ltd. Staged payments, with dates amended due to market conditions, are expected to complete in December 2023. The completion of the transaction, which began under CMR’s previous name of Caerus Mineral […]
Tag: Critical Mineral Resources plc
CMR sets up Morocco ‘incubator portfolio’
Critical Mineral Resources plc (CMR) has started its Moroccan acquisitions with an “incubator portfolio” and a binding deal for an advanced copper-silver project. DISTINCT PROJECTS The company said it had identified a number of open areas prospective for copper, silver, manganese and barite while it continues fieldwork on prospective areas. Local subsidiary Atlantic Research Minerals […]
Caerus changes name to Critical Mineral Resources
Caerus Mineral Resources plc has changed its name to Critical Mineral Resources plc, effective from today. Chief executive officer Charlie Long said that the new name reflected the company’s evolved strategy. The company, whose market ticker will remain CMRS, recently entered the Moroccan battery metals sector.