ICL Boulby polyhalite mine is celebrating its 50th anniversary of operations this month by commissioning a lasting sculpture to be erected near its site in North Yorkshire. Local blacksmith artist Katie Ventress, whose studio is at Hinderwell near Whitby, is creating a lasting sculpture that will sit alongside the Cleveland Way near the mine. The […]
Tag: extractive industries
Cornish Metals grants incentive stock options to PDMRs
Cornish Metals Inc has announced the issuance of 5,150,000 incentive stock options to directors and senior management. CORNISH METALS The options have an exercise price of 10 cents per share and are valid for a five-year period which is due to expire on 18 August 2025. The Canadian company, previously called Strongbow Exploration, is an […]
West Newton JV to drill following positive test results
The West Newton joint venture will in the next few weeks start onshore drilling operations following positive test results at the site in the East Riding of Yorkshire. JOINT VENTURE The operator is Rathlin Energy UK Ltd who in 2008 applied for a licence to explore for oil and gas in east Yorkshire. The JV […]
ICL Boulby signs new international contracts
ICL Boulby polyhalite mine on the coast of East Cleveland, Teesside has secured international contracts to produce more than a million tonnes of fertiliser. The agreements are with China, Poland, Spain and Ukraine over three to 12 years and follow an increase in sales at Boulby Mine of 50% in each of the past three […]
‘Cowardly and illogical inaction’ threatens UK coal mining
Banks Mining has blamed government inaction for 24 possible mining job losses with a further 220 jeopardised because no planning decisions have been made on new mines. Coal has been excavated at Brenkley Lane surface mine near Newcastle and the site restored with landscaping. However Banks has waited more than 18 months for the Government […]
Power Metal targets major finds and financial independence
Power Metal Resources announced its future strategy was to make one or more major metal discoveries and work towards financial independence. ASSETS The company, which focuses on cobalt, copper, gold, lithium, nickel and PGMs, recently raised £1 million taking its total assets to £3.04 million. Power Metal is involved in five main projects and two […]