EARNINGS AND TRADING: Cornish Metals narrows nine-month loss
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Cornish Metals Inc - mineral exploration and development company, focused on the South Crofty tin project in Cornwall - Says dewatering work at the South Crofty mine, started in early November, is tracking ahead of expectations. Water level as of December 5 stood at approximately 155 metres below surface, with up to 25,000 cubic metres of water pumped and treated each day. Company is working to restart production at South Crofty, which stopped operating in 1998. Treated water is being discharged into the Red River and "having a positive effect on [its] water quality". Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and Thursday, and not separately reported by Alliance News: Read More
(Alliance News) - Cornish Metals Inc shares rose on Monday as the firm provided positive test results from South Crofty tin deposit in Cornwall, which are likely to result in lower costs for the project. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - (Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Cornish Metals Inc - Vancouver, Canada-based mineral exploration and development firm focused on the UK and North America - Starts 9,000 metre mineral exploration drilling at the Wide formation target in the Carn Brea South exploration area at its South Crofty tin project in Cornwall, England. Says the formation "represents a high-grade tin target," citing 0.99% tin at discovery hole CB21-002 within a 12.14 metre wide zone of "strong" alteration and disseminated tin mineralisation. Highlights that tin is a critical mineral as defined by the UK, US and Canadian governments, with about 75% of tin mined today coming from China, Myanmar and Indonesia. Says that responsible sourcing of critical minerals and security of supply "are key factors in the energy transition and technology growth." Read More
Cornish Metals Inc - Vancouver, Canada-based mineral exploration and development firm focused on the UK and North America - Updates its JORC mineral resource estimate for the South Crofty tin project in Cornwall, England. Says the focus of this new MRE is the lower mine area tin-only section of the project. The site has been subject to a thorough review, including further digitisation and modelling of historical data, though the upper mine polymetallic area has also been reported using current metal prices. Read More
(Alliance News) - Cornish Metals Inc on Wednesday said that it has installed a second submersible pump at the South Crofty tin project in Cornwall, England. Read More
Cornish Metals Inc - UK-focused mineral exploration and development company - Finds 2.1 metre grading at 3.2% tin and 1.5 metre grading at 4.7% tin at South Crofty tin project in Cornwall. Says Results add further confidence to its mineral resource estimate. Read More
(Alliance News) - Cornish Metals Inc on Tuesday said that the first of two submersible pumps have now been installed to target depth in the New Cooks Kitchen shaft at the South Crofty mine in Cornwall. Read More
Cornish Metals Inc - UK-focused mineral exploration and development company - Narrows loss in the three months ended April 30 to CAD206,802, around GBP123,396. This compares to a loss of CAD979,427 the year prior. Total operating expenses in the period climb to CAD924,120 from CAD627,115. Net cash used in operating activities rises to CAD1.0 million from CAD625,384, while net cash used in investing activities multiplies to CAD7.0 million from CAD1.2 million. Read More
Cornish Metals Inc - UK and Canada-focused mineral exploration company - Says operations at South Crofty tin project in Cornwall continue "at a good pace", and dewatering is expected to start later this summer. Says two submersible pumps will be installed at New Cooks Kitchen shaft for stage one of the two-stage mine dewatering programme, and the first pump installation is already underway. Says the installation of the second pump will take place before the end of June. Adds a substantial amount of a feasibility study is complete, with results confirming historical operating data and that ground conditions and excavation stability are expected to be "very good." Expects to release a mineral resource estimate at the end of the third quarter of 2023. Read More
Cornish Metals Inc - UK and Canada-focused mineral exploration company - Notes "great progress" over the last five months at its South Crofty tin project in Cornwall, England, despite adverse weather conditions. Says the water treatment plant is approaching completion and the company is now turning its attention to starting and commissioning mine dewatering activities this summer. Dewatering is estimated to take 18 months to complete. Adds news on the metallurgical drill and testwork programme, as well as the ongoing feasibility study, will be issued "shortly". Read More
(Alliance News) - The following is a round-up of earnings updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Cornish Metals Inc said it is on track to commission a water treatment plant at the South Crofty tin project in Cornwall in June. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, not separately reported by Alliance News: Read More