Galantas Gold Corporation said it had closed the US$530,000 (£435,000) loan agreement with Ocean Partners UK Ltd for its operations at Cavanacaw mine in Omagh, Northern Ireland. DIRECTOR ROLE Ocean Partners is closely associated with Brent Omland, a director of the Canadian mining company. Mr Omland is also chief financial officer of Ocean Partners and […]
Tag: UK mining
Government pushes UK to be skills leader in exploration and mining
The UK could once more be a skills leader in exploration and mining as well as a leading player in the global race for critical minerals, said the Government today. UK CRITICAL MINERALS STRATEGY Business secretary Kwasi Kwarteng was speaking as he announced the UK’s first ever critical minerals strategy. The policy paper ‘Resilience for […]
Tungsten West targets low cost mine operations
Tungsten West plc said it is to start construction immediately with lower-cost and streamlined production scheduled for H1 2023 at the Hemerdon tin-tungsten mine in Devon. INFLATION The decision follows a three-month technical and commercial re-evaluation of options for restarting production, which lead to a new development plan. The new plan is also in response […]
UKMEF warns skills shortage threatens future economy
A UK’s mining education forum today warned that a shortage of suitably skilled graduates threatened the revival of the country’s mining sector and the future economy. EMPLOYMENT The UK Mining Education Forum (UKMEF) added that a modern, high-tech mining industry was essential to the future of the UK as British industry looks closer to home […]
Galantas begins production process at Cavanacaw
Galantas Gold Corporation said it had started the production process with long drilling in the first series of stopes at the Cavanacaw gold and silver project in Omagh, Northern Ireland. STOPES The Canadian company added that installation of the secondary egress from the 1,096 to 1,052 level was in the final stage of completion and […]
Tungsten West cuts HGV movements after opposition
Tungsten West plc said it would reduce proposed HGV movements per day by a third following public opposition to aspects of its plans to restart Hemerdon tin-tungsten mine in Devon. ORIGINAL PLANS In July 2021, Tungsten West received permission for a temporary increase of up to 150 transport movements per day from the mine site […]