Anglesey Mining plc’s finance director and company secretary Danesh Varma has resigned with immediate effect. Companies House states Mr Varma’s appointment as finance director began on 1 August 2013. Interim chairman Andrew King said: “On behalf of the board of Anglesey, I would like to thank Danesh for his significant contribution and service to the […]
Tag: UK mining
New mineralised zones identified at Gairloch
High grade potential and new zones of mineralisation have been identified from recent exploration drill results at the Gairloch gold project’s Kerry Road deposit. MINERALISED TREND Galantas Gold Corporation’s fifth hole 23-GL-05, targeting a geophysical anomaly, intersected 1.87 g/t gold, 1.17% copper, 1.20% zinc, 131 g/t cobalt and 7.06 g/t silver over 34.25 metres. Drilled […]
CRL signs MOU for tungsten off-take
Cornwall Resources Ltd has signed an initial five-year memorandum of understanding for tungsten from its Redmoor project with nuclear fusion technology company Oxford Sigma Ltd. DOMESTIC SUPPLY The two companies will collaborate to explore, develop, promote and secure “critical mineral supply pathways for tungsten” from the east Cornwall deposit to supply the fusion industry. Peter […]
Cornish Lithium finishes 13,000m drilling for revised MRE
Cornish Lithium plc completed more than 13,000 metres of resource evaluation drilling at the end of September at its Trelavour hard rock project. DEMONSTRATION PLANT The company is in the final stages of appointing consultants to produce a revised mineral resource estimate which will feed a feasibility study expected in early 2024. A tender process […]
Scotgold could appoint administrators ‘over coming days’
Scotgold Resources Ltd said it could appoint administrators over the coming days after a prospective investor withdrew from financing discussions for the Cononish gold-silver mine. The Australian company, which last week put some of its staff on unpaid leave, also faces action from an unnamed creditor. In a statement today, Scotgold said: “The company has […]
Weardale Lithium secures £613,000 joint funding for geothermal brine exploration
Weardale Lithium Ltd has secured a government joint funding package of £613,000 for its geothermal brine exploration assets in Durham. SUPPLIES The money, shared with mid-stream company Tees Valley Lithium Ltd, includes a £430,000 grant from Innovate UK. Both companies are building on the memorandum of understanding signed last year to evaluate producing and refining […]