TAMAR
Who Are We?
At Tamar Minerals Plc, we are an experienced metals exploration and technology team. We have worked around the world reinterpreting historic exploration and mining data to find ore zones previous explorers did not have the technology or understanding to uncover.
Critical Minerals
Enabling Green Energy
Why did
Exploration and Mining stop in Cornwall?
19th Century: |
New copper discoveries in US and Chile and tin discoveries in Australia and Malaysia saw copper and tin mining become uneconomic |
Demand for coal drove prices higher making many mines uneconomic due to increased pumping costs |
Labour shortages as many miners moved overseas to Mexico, USA & Australia |
As mining depths increased, operating eventually became uneconomic: every mine has a cut-off grade! |
20th Century: |
The collapse of the International Tin Council and the tin crash of 1985 spelt the death knell of mining in Cornwall |
21st Century: |
What was once uneconomic is now economic again as higher grade resources have been depleted |
Electrification allows for efficient and cheaper pumping and mining |
ESG matters are addressable in the UK and combined with a long history of mining make restarting operations less challenging |
Operating at depths of >500m are now standard in the industry. |
20th Century: |
Over 400kt of above ground tin inventories have been consumed since the tin crash and new resources are required for the green energy transition |