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Company - West Cumbria Mining Ltd
UK-based private company focused on development of the Woodhouse metallurgical coal mine in West Cumbria, NW England
UK privateer West Cumbria Mining aims to start site work by end-2019 after gaining county council planning approval for the underground development of the Woodhouse metallurgical coal mine at Whitehaven in NW England.
The company is targeting first coal production by late 2021, with plans to extract and process about 2.5Mtpa to supply UK and European steelmakers.
The Woodhouse colliery will be on a brownfields site, adjacent to the...
All shipping is being cleared from the iron ore ports servicing the Pilbara region of Western Australia ahead of the forecast weekend arrival of tropical cyclone Veronica.
The Pilbara Ports Authority says all ships are leaving the iron ore berths and anchorages at Port Hedland, the world’s largest bulk export port.
Dampier, the second largest port shipping iron ore plus other bulk and general cargoes, is expected to be clear by this evening.
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A 90% increase in inferred resources will support plans by Lucapa and partners Endiama and Rosas & Petalas to increase alluvial production in 2019 at its Lulo diamond mine in Angola.
The in-situ resource increase to 80,400ct at a modelled average price of $US1,420/ct equals four times the project’s output of 19,196ct in 2018, its fourth year of commercial alluvial production.
It was calculated...
West Australian miner Blackham Resources is backed by its key stakeholders, contractor MACA and fund manager Lind Partners, with exec chairman Milan Jerkovic to support a $A25.8M capital raising for the planned expansion of its Matilda-Wiluna gold project.
MACA and Lind will sub-underwrite the entitlements issue for a total $10M from amounts owed to them, and Jerkovic will sub-underwrite $1M in addition...
Centaurus Metals is revisiting strategies for its 100%-owned, fully permitted and shovel-ready Jambreiro iron ore project in SE Brazil after completing an oversubscribed $A2.2M equity raise by the issue of 400M shares at 5.5cps.
Hong Kong-based LC Capital subscribed for 10% of the placement.
The company will update the 2013 project BFS in light of the strong recovery in the iron ore price, significant premiums for 65% Fe product,...
Australia-based Pure Alumina has signed a binding agreement to acquire emerging Canadian high purity alumina producer Polar Sapphire for $C25.75M ($A27.1M) shares/cash, success of which could see Pure Alumina become a high purity alumina producer later this year.
Acquiring private venture capital company Polar is expected to fast track Pure Alumina’s plans to begin commercial production of premium 99.999% 5N high purity...
Australia-based Pure Alumina has signed a binding agreement to acquire emerging Canadian high purity alumina producer Polar Sapphire for $C25.75M ($A27.1M) shares/cash, success of which could see Pure Alumina become a high purity alumina producer later this year.
Acquiring private venture capital company Polar is expected to fast track Pure Alumina’s plans to begin commercial production of premium 99.999% 5N high purity alumina (HPA)...
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The discovery of a large stockpile of gold-mineralised material offers a potential bonus of up to 81,000oz for Kingston Resources at its 70%-owned Misima project in Papua New Guinea.
The stockpile left by past owner Placer is additional to Misima’s current 2.8Moz gold resource.
Kingston has set an exploration target of 3.6Mt @ 0.5-0.7g/t for 58,000-81,000oz. It says mining and processing costs will be low because...