Celeste publishes first resource estimate for South Crofty

Celeste Copper Corporation, the Canadian listed company which in May announced an agreement to acquire a 25% stake in the South Crofty project in Cornwall, UK has published an initial estimate of mineral resources in five near surface deposits on the property. Using a...

Celeste to acquire stake, fund development at South Crofty

The Canadian listed Celeste Copper Corporation has agreed with the current owners of the old South Crofty mine in Cornwall, UK to fund exploration and development over the next year in return for a 25% stake in the project. Celeste’s initial financial input will be...

South Crofty re-opening setback

Western United Mines has made 16 of its 60 staff redundant at the South Crofty project in Cornwall, UK, following delays in resolving land access issues with the local authorities. In a statement reported by the BBC, WUM said : "The move follows a need to...

South Crofty expects 2-3 years to startup

Western United Mines plans to re-open the South Crofty mine in Cornwall, UK, in about two to three years, COO John Webster told Reuters. However the company needs to raise another UK£10 million to complete a feasibility study on the project, after which an...

South Crofty project goes multi-metal

The company planning to re-open the South Crofty tin mine in Cornwall, UK, is now emphasizing potential co-product revenues in a bid to attract fresh investors. Western United Mines is embarking on a surface drilling programme to identify copper, zinc, silver and gold...

South Crofty project looks to re-locate ore processing

The owners of the South Crofty mine in Cornwall, UK, plan to relocate surface operations as part of their plan to re-open the mine, which has been closed since 1998. The mine is now owned by Western United Mines, a joint venture between Baseresult Holdings and a group...

South Crofty re-opening moves closer

A new company has been formed to re-open and operate the South Crofty tin mine in Cornwall, UK. Western Union Mines Ltd will invest in tunnelling and exploration drilling activities, and more than UK£50 million ($104.1 million) of investment has been earmarked...

Baseresult increases investment in South Crofty mine

Baseresult Holdings Limited has begun purchasing more underground mining equipment as it accelerates plans to re-open the South Crofty mine in Cornwall. The BBC’s website reports that the company aims to have the mine, closed in 1998, back in full-scale...