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 […]
Tag: extractive industries
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 […]
Scotgold starts slab pours and expands tunnels
Scotgold Resources Ltd has started slab pours ready to place equipment following resumption of blasting at the high grade Cononish gold and silver mine in Argyll, Scotland. WASTE ORE Operations had stopped due to the pandemic, but the Australian company is now focused on expanding tunnels to mine through rock which has no gold in […]
Banks refused plans to extend Bradley coal mine
Banks Group’s application to extend Bradley West Mine in County Durham has been refused by the local council because of its impact on the environment. The company wanted to extend the open cast mine to extract an extra 90,000 tonnes of coal. Banks, which promised to restore the land by August 2021, said the extension […]