Metals & Minerals News

Factors shaping the UK ‘critical minerals’ strategy

FEATURE: Now that critical minerals have appeared on the world’s industrial radar, the UK must compete with bigger national geographies and immense purchasing powers to ensure its own supply. TIME AND SPEED The Government has outlined its industrial strategy to assess the country’s requirements and assets to tackle pressing issues such as mobility, green energy […]

Metals & Minerals

Power Metal to drill at Silver Peak before winter

Power Metal Resources plc aims to start drilling for silver after signing a contract to test the Victoria Vein at the Silver Peak project in British Columbia, Canada. The project includes the Eureka-Victoria Silver Mine, the first Crown-granted mineral property in British Columbia. The drill programme is expected to be completed within a two-week window […]

Metals & Minerals

Work at Clogau gold mine unaffected by Covid

Alba Mineral Resources said its underground drilling programme at Clogau-St David’s Gold Mine would be unaffected by recent Covid-19 restrictions imposed in Wales. Wales will introduce a two-week ‘firebreak’ from 23 October to 9 November 2020 to help stop the pandemic. However the mining and hydrocarbon company is on schedule to complete the first phase […]

Finance Metals & Minerals News

Altona extends fundraise for African REEs

Altona Energy said it had extended its fundraising round due to ongoing interest as it continues its development plans for its rare earth elements (REEs) mining portfolio in Africa. The company said in September 2020 that it aimed to raise up to £500,000 for its REE projects in Uganda and Malawi. (bit.ly/356Hyx5) Altona announced this […]

Finance Metals & Minerals News

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, […]