Cornish Metals Inc announced a material increase in resource following results of a new mineral resource estimate (MRE) at South Crofty tin mine in Cornwall. LOWER AND UPPER MINE Revised figures show a 9.5 to 10% increase in indicated resources in the lower and upper mine area, and nearly 130% rise in inferred resources in […]
Tag: extractive industries
Cora Gold ends phase 1 of 35,000m drill at Selin
Cora Gold Ltd said it continued to be impressed with results as it ended phase 1 of the drilling campaign at the Selin prospect at the Sanankoro gold project, southern Mali. The junior miner is nearing the halfway mark of its largest ever drilling campaign, which began in March 2021. The company plans to drill […]
Hurricane sets date for vote on board directors
Hurricane Energy plc said that an extraordinary general meeting for shareholders will be held on 5 July to consider the removal and appointment of its board directors. The announcement follows a requisition notice served in May by activist investor Crystal Amber Fund Ltd (14.32%), requiring that Hurricane convenes a general meeting to discuss and vote […]
Cornish Lithium builds geothermal test site and plant
Cornish Lithium Ltd has completed construction of its geothermal water test site and installation of its first demonstration plant at United Downs, Cornwall. Founder and chief executive Jeremy Wrathall said that the results from test work at the site would inform the development of a larger pilot plant expected to be built by the end […]
Cornish Lithium completes Trelavour second drill
Cornish Lithium Ltd said it had completed its second hard rock drilling campaign and built a demonstration mineral concentrator plant for the company’s Trelavour project in St Austell, Cornwall. BATTERY GRADE Test work is also being conducted to optimise the extraction of lithium from mica minerals in the granite. This involves processing approximately 30 tonnes […]
Predator raises £1.5m via placing
Predator Oil & Gas Holdings plc raised £1,500,000 before expenses after conditionally placing 10,000,000 new ordinary shares at a placing price of 15 pence each. The company said that the placing was significantly oversubscribed.