Cornish Metals Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Lodewyk Daniel Turvey
- Full Time Employees
- 7
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 789 West Pender Street Vancouver BC Canada V6C 1H2
- IPO Date
- Jul 7, 2008
- Website
- cornishmetals.com
- Similar Companies
- Business
- Cornish Metals Inc. (AIM/TSX-V: CUSN; OTCQB: SBWFF) is a dual-listed mineral exploration and development company focused on advancing its wholly owned South Crofty underground tin mine in Cornwall, UK, toward production; the company holds exploration licenses covering approximately 15,000 hectares in Cornwall with potential for tin, copper, lithium, tungsten, zinc and silver mineralization; it also maintains an interest in the Sleitat project in Alaska, prospective for tin and tungsten. South Crofty represents one of the world's highest-grade tin resources, supported by existing infrastructure including five shafts and a decline, an active mine permit valid until 2071, planning permission for a new processing plant and an environmental permit for dewatering. The company targets responsibly sourced tin for low-carbon applications such as electronics, batteries, solar power, 5G infrastructure and cloud storage, positioning itself to address supply deficits in Europe and North America where no primary tin production occurs. Founded in 1981 and headquartered in Vancouver, Canada, Cornish Metals operates primarily in the United Kingdom with additional assets in North America, serving markets demanding critical minerals for the energy transition and technology sectors. In January 2025, the company completed a £57.4 million fundraising, anchored by £28.6 million from the UK National Wealth Fund and £18.1 million from Vision Blue Resources, to fund dewatering, early works and development at South Crofty targeting first production in mid-2028. An updated preliminary economic assessment released in 2025 confirmed strong project economics over a 14-year mine life with potential for resource expansion. Recent operational progress includes refurbishment of the New Cook's Kitchen mid-shaft pump station, advancement of underground development at No. 1 level for miner training, excavation for a new pre-concentration plant, construction of workshop and stores facilities, and completion of Phase 1 Mine Dry refurbishment in October 2025, with further phases underway.
Cornish Metals Completes Redomicile to UK
Cornish Metals Announces Update Regarding the Last Day of Trading on AIM in Relation to Its Proposed Re-Domicile
Cornish Metals Obtains Final Order for Plan of Arrangement
Cornish Metals Releases Unaudited Financial Statements and Management's Discussion and Analysis for the Nine Months Ended 30 September 2025
Cornish Metals Announces Exercise of Stock Options and Issue of Equity & PDMR Dealings
Cornish Metals Announces PDMR Dealing
Cornish Metals Announces PDMR Dealing
Cornish Metals Announces Update to Its Plans to Re-Domicile to the UK
Cornish Metals Releases Unaudited Financial Statements and Management's Discussion and Analysis for the Six Months Ended 30 June 2025
Cornish Metals continues to progress dewatering and shaft refurbishment
Cornish Metals Provides an Update on Dewatering and Shaft Refurbishment
Cornish Metals gets A rating for ESG
Cornish Metals Announces Inaugural Digbee ESG Rating of A
Cornish Metals says UK govt investment is “powerful vote of confidence”
Cornish Metals Hosts the UK Chancellor of the Exchequer at South Crofty
Cornish Metals Provides an Activities Update for the South Crofty Tin Project
Cornish Metals Announces Exercise of Stock Options and Issue of Equity
Cornish Metals Announces Exercise of Stock Options and Issue of Equity
Cornish Metals Announces Results of Its 2025 Annual General and Special Meeting
Cornish Metals lands £4.19mln of funding for South Crofty project