Cornish Metals (“Cornish”) has announced a £52m credit facility with two of its major shareholders, the National Wealth Fund Limited (“NWF”) and Vision Blue Resources Limited (“Vision Blue”), which hold a combined 57.5% of the company’s shares. Cornish has outlined £16m will be placed into an escrow account as a pre-condition for the recently announced US$210m in Nordic bonds, with the remainder advancing underground mine development, shaft refurbishment and surface infrastructure, as well as ge ....
18 May 2026
Cornish Metals: £52m credit facility with major shareholders funds South Crofty to final investment decision - Amended
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Cornish Metals: £52m credit facility with major shareholders funds South Crofty to final investment decision - Amended
Cornish Metals PLC (TIN:LON) | 94.3 -0.7 (-0.7%) | Mkt Cap: 118.3m
- Published:
18 May 2026 -
Author:
Roger Bell -
Pages:
3 -
Cornish Metals (“Cornish”) has announced a £52m credit facility with two of its major shareholders, the National Wealth Fund Limited (“NWF”) and Vision Blue Resources Limited (“Vision Blue”), which hold a combined 57.5% of the company’s shares. Cornish has outlined £16m will be placed into an escrow account as a pre-condition for the recently announced US$210m in Nordic bonds, with the remainder advancing underground mine development, shaft refurbishment and surface infrastructure, as well as ge ....