Highlights,Major Fundraising Success:,Cornish Metals raises £56 million to de-risk and advance the South Crofty Tin Project.,Government & Investor Backing:,UK’s National Wealth Fund and Vision Blue ...

The National Wealth Fund (NWF) has announced a £28.6m direct equity investment in Cornish Metals to help finance the re-opening of Cornwall's South Crofty tin mine, paving the way for an increase ...

The resurgence of mining in Cornwall has gained a massive cash injection of public funds. South Crofty's return as a viable tin mine has taken a "massive leap forward" thanks to an investment of ...

The financing supports Cornwall’s mining sector and builds on the NWF’s investment into nearby Cornish Lithium in August 2023, with both lithium and tin considered by the UK government as critical ...

A major Cornwall mining project has received backing from the government's new investment vehicle, the National Wealth Fund. Cornish Metals, the mineral exploration company working to revive tin ...

Generations of miners dug out copper, and later tin, from South Crofty mine in Redruth, Cornwall, for more than 400 years - Hugh Hastings/Getty Images Rachel Reeves’s National Wealth Fund has ...

Generations of Cornish miners dug out copper and later tin from the mine for more than 400 years before metal prices collapsed and it closed in 1998. The latest round of funding has been earmarked ...

A Cornish tin mine company is set to enter a bid to raise a £56 million investment boost on the London Stock Exchange to start mining again. Cornish Metals Inc., the company behind the South Crofty ...

The goal is achieving first tin production in 2026, as Cornish Metals has already obtained permission for underground mining until 2071, and also secured the environmental permit to dewater the mine.

Cornish Metals has launched a major new equity raise for the South Crofty project in Cornwall, after receiving backing of the National Wealth Fund, a new UK government investment vehicle.