Cornish Metals’ (“Cornish”) Q3 financials showed a ~C$13.1m cash outflow, with work at South Crofty (“SC”) progressing in-line with expectations. C$61m cash at 30th Sep is on track to reach our year-end estimate of C$36m, as dewatering, shaft refurbishment and early project works accelerate over the coming months. With strong tin grades and high-quality infrastructure in a mining-friendly region, SC’s operating costs are expected to be low by industry standards. A revised Preliminary Economic As ....
14 Nov 2025
Cornish Metals: Q3 financials – cash in line as South Crofty de-watering on track to deliver high-quality tin exposure
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Cornish Metals: Q3 financials – cash in line as South Crofty de-watering on track to deliver high-quality tin exposure
Cornish Metals Inc. (CUSN:LON) | 8.2 0 (-1.2%) | Mkt Cap: 102.8m
- Published:
14 Nov 2025 -
Author:
Roger Bell -
Pages:
5 -
Cornish Metals’ (“Cornish”) Q3 financials showed a ~C$13.1m cash outflow, with work at South Crofty (“SC”) progressing in-line with expectations. C$61m cash at 30th Sep is on track to reach our year-end estimate of C$36m, as dewatering, shaft refurbishment and early project works accelerate over the coming months. With strong tin grades and high-quality infrastructure in a mining-friendly region, SC’s operating costs are expected to be low by industry standards. A revised Preliminary Economic As ....