Metals & Minerals News

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 […]

Finance Metals & Minerals News

Red Rock sells Jupiter holdings for £1.24 million

Red Rock Resources plc has raised $1.24 million after selling a substantial part of its remaining holding in manganese producer Jupiter Mines Ltd. CHANGES The company said it retained 5,870,693 shares in Jupiter which focuses on the Tshipi mine in South Africa. “We manage our investments actively and having formed the view that prospects in […]

Metals & Minerals News

Red Rock marks record production at Tshipi

Red Rock Resources plc announced record production during October at its manganese-iron ore interests in Jupiter Mines Ltd in Northern Cape, South Africa. FINANCES Cash generated from operations at Tshipi Borwa mine during the third quarter was reported at AU$ 42.1m. Average FOB cost of production fell from Q2 to Q3 by approximately 15%. Cash […]