Cadence Minerals plc said that its joint venture (JV) partner had received commitments to raise $100.7 million through an equity placement for the Yangibana rare earth project in the Gascoyne region of Western Australia. Australian company Hastings Technology Metals owns 70% and Cadence holds 30% of three mining leases and six exploration licences which form […]
Tag: metals and minerals
The Coal Authority appoints Jeff Halliwell as chairman
The Coal Authority has appointed Jeff Halliwell as chairman effective from 1 April 2021. He replaces Steven Dingle who has held the post for eight years. Mr Halliwell’s executive experience is with consumer businesses such as Fox’s Biscuits / Northern Foods, First Milk and Bernard Matthews. His background is in international marketing and commercial roles […]
Red Rock-Power Metal to apply for Canada IPO and new gold licence
Red Rock Resources plc and Power Metal Resources plc have appointed legal counsel to begin the IPO process in Canada for the joint venture partners’ gold interests in Australia. LICENCES Red Rock Resources Australasia plc (RRAL), split 50.1%-49.9%, has also submitted an application for another licence in the Ballarat region in the Victoria gold fields. […]
ABMEC 11th Conference and Exhibition 2021
The Association of British Mining Equipment (ABMEC) will hold the 11th Conference and Exhibition during November at Daventry, Northamptonshire. The event brings together leaders from the mining industry including producers, the supply chain, Government and educational establishments. Last year saw more than 200 delegates from nine countries, 30 exhibitors and 16 speakers. To date, the following […]
Altona new name reflects focus on minerals
Altona Energy plc announced it was changing its name to Altona Rare Earths plc to reflect its new project interest. The mining exploration company was previously engaged in coal in Australia but during 2020 its focus moved to rare earth elements in eastern Africa. The company is also in the process of creating a new […]
Conroy proposes joint venture with Turkish miner
Conroy Gold and Natural Resources plc said it had signed a letter of intent (LOI) with Demir Export, which could give the Turkish miner 57% of its gold exploration project on the Irish border. PROJECT INIS The move comes as the junior mining company also announced that discussions had ended on a proposed JV with […]