Cornish nears investment decision as South Crofty early works takes shape
Aim-listed tin miner Cornish Metals says it has experienced a strong year of progress as it advances the South Crofty project, in the UK, towards production and positions itself as a future supplier of secure and responsibly-mined tin.
In the year ended December 31, 2025, the company strengthened its financial position with a £57.4-million fundraise, completed a re-domicile to the UK and made significant progress with development underground and on surface.
For example, the company has advanced dewatering to 370 m and refurbished the New Cook’s Kitchen shaft up to the mid-level pump station. On surface, Cornish undertook process plant excavation, shaft groundworks, mine dry refurbishment and foundry development.
The company has secured key long-lead items such as production and service winders, which supports the project’s construction-readiness, and is advancing front-end engineering design.
“During the year, we continued to derisk several areas of the project. Mine dewatering and shaft refurbishment advanced, surface infrastructure is taking shape and key long-lead items have been secured.
“Looking ahead, 2026 will be a pivotal year as we progress project financing and a final investment decision. With strong stakeholder support, robust economics and clear development momentum, we are well positioned to advance South Crofty towards production and deliver a secure domestic supply of this critical mineral,” says Cornish CEO Don Turvey.
Chairperson Patrick Anderson agrees that the year under review represented a “defining chapter” in the evolution of Cornish, marking a period of significant corporate transition, project advancement and governance development.
He remains confident in the long-term strategic case for South Crofty, particularly owing to tin’s increasingly important role in electrification, renewable-energy infrastructure and the digital economy.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Showroom
Rooted in the hearts of South Africans, combining technology and a quest for perfection to bring you a battery of peerless standing. Willard...
VISIT SHOWROOM
Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
