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 […]
Tag: metals and minerals
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 […]
WCM expects £302m revenues from coal mine
West Cumbria Mining (WCM) predicts its new underground mine at Whitehaven will generate £302 million in revenue from national and international sales of coking coal. FINANCES WCM said that its proposed Woodhead Colliery, described as a 21st century mine, would contribute £16 billion to UK GDP and £300 million in tax over a period of […]
Power Metal signs 50% Botswana SJV with Kavango
Power Metal Resources plc has acquired a 50% interest in a 2,680 km2 strategic joint venture (SJV) portfolio of base and strategic metal project in Botswana. The acquisition involves four Botswana prospecting licences previously 100% owned by Kavango Resources, and forms a new SJV between the companies. Two prospecting licences for copper–silver cover 1,294.2km2 in […]