Rare earth element (REE) mining company Altona Energy plc has taken its projects in East Africa a step further following the granting of a three-year exploration licence. The company said that Leadway Group Ltd, with which it signed a heads of agreement on 21 September, had been awarded a three-year exploration licence for its tenement […]
Tag: metals and minerals
Altona appoints Martin Wood as chairman
Altona Energy plc has appointed Martin Wood as non-executive chairman, with immediate effect. Mr Wood is the founder and managing director of Vicarage Capital which assists junior and mid-cap resources companies. He established Vicarage Capital in 2003 and has advised many companies on AIM listings and long-term mining strategies. From 2017 to 2019, Mr Wood […]
Power Metal early results augur well for Molopo
Power Metal Resources said early results from its drilling programme at Molopo Farms Complex (MFC) in Botswana supported the geophysical model for an intrusion feeder zone which could hold mineralised bodies. The company said it had so far drilled to a depth of 283 metres at the nickel sulphide and platinum-group metal (PGM) site. Hole […]
ABMEC urges more self-reliance in UK mining
UK mining should have greater reliance on itself and be more responsive to external market forces in order to meet the industry’s demands, said the country’s mining equipment body. STUDENTS Yorkshire-based Association of British Mining Equipment Companies (ABMEC) also raised concerns over fewer applications from students to geoscience-related courses following the decision by Camborne School […]
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 […]
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 […]