Power Metal Resources plc has started drilling the first of four planned holes for nickel sulphide and platinum-group metal (PGM) mineralisation at Molopo Farms Complex (MFC), Botswana. The Phase 1 drilling programme is for an initial planned 2,505m across four diamond core drill holes. Planned target hole depths vary from 525m to 710m. Hole 1 […]
Tag: metals and minerals
Cornish Lithium reaches £3.8m via fundraise
Cornish Lithium Ltd has so far raised £3.8 million via crowdfunding for its projects in Cornwall. BATTERY METALS HUB Founder and chief executive officer Jeremy Wrathall said that the company was raising additional funding to create a battery metals hub for the UK. “The success of our recent exploration, and government funding for our pilot plant, […]
WCM confident Government will approve coal mine
West Cumbria Mining (WCM) said it was confident the Government would support its plans for a metallurgical coal mine near Whitehaven after the company received council approval today. The final decision is now awaiting possible referral to the Government after Secretary of State for Housing, Communities and Local Government, Robert Jenrick issued a holding order […]
WCM mine plans might be decided by Government
West Cumbria Mining Ltd (WCM) might have to wait for the Government to authorise its new metallurgical mine off the coast near Whitehaven. DETERMINATION WCM is due to hear from Cumbria County Council tomorrow (2 October) whether it will approve the mine following revised details of the plans. Secretary of state for housing, communities and […]
Anglesey Mining appoints Micon for PEA at Parys
Anglesey Mining has appointed Micon International Ltd to conduct a preliminary economic assessment (PEA) on its base and precious metals project at Parys Mountain in Anglesey, North Wales. OPTIMISATION STUDIES Micon began its work on the copper-zinc-lead-gold-silver project at Parys Mountain in 2006. This has included preparation of the JORC compliant resource estimate in 2012 […]
Anglesey positive on metals market despite losses
Anglesey Mining plc, focused on gold-silver-lead-copper-zinc exploration in Wales and iron in Sweden and Canada, posted wider losses but remains optimistic on the future for mineral projects and companies. In its annual report, the company posted losses before tax of £305,510 for the financial year ended 31 March 2020 (2019: £234,621). The company had £95,311 […]