Pirate FM News

Keep up to date with the latest news delivered direct to your Inbox.

Search for Tin at Sea?

Delicious Submit this page to reddit

4:06pm 13th November 2012
(Updated 4:06pm 13th November 2012)

Pirate FM has learnt there could be a new gold rush in Cornwall - for tin.

A company has told us about plans to sift for underwater deposits off the north coast.

Marine Minerals says it would create up to a hundred new jobs.

It wants to search for waste, left over from the Duchy's historic mining industry.

Earlier this week South Crofty announced it thinks it has got deposits worth one and a half billion.

Chris Davies is from the company launching a year long study into how underwater tin deposits could be extracted without ruining the environtment. He said: "If we can get the tin onshore and process it and sell it, it's going to bring millions of pounds of investment into Cornwall. So that's why we're bothering to try to find out if we can bring the tin ashore in an environmentally and socially acceptable way.

"We're talking about up to a hundred jobs directly involved in the project. Then, of course, there are going to be jobs involved in servicing the vessels and providing the support services as well. The other important thing is these are going to be well paid, non-seasonal jobs. Just the sort of jobs Cornwall needs."

Nick Petitt is a mining geologist in Redruth. He is not surprised at the surge of interest in tin in the Duchy, as prices around the world soar. He said: "I think it's inevitable. The price of tin is such that the price of tin is inevitably going to restart in Cornwall.

"Half a percent of tin metal in your ore could be significant and enough to make you a lot of money. There's an awful lot of deposits in Cornwall that carry that amount of tin.

"Modern mining likes to be on a very large scale. Cornish mining tended to be on a much smaller scale. Modern mining will be much, much larger - more like china clay. I think it's inevitably going to start and, I would say, in the next five years."

4:06pm 13th November 2012

Share This Story

Delicious Submit this page to reddit
Suggested articles
news - RNLI Penlee

UPDATE: Major Search Operation Off Land's End

Lifeboats and the helicopter scrambled to upturned boat

looe lifeboat

Sea Search Launched After Empty Liferaft Washes Up

Coastguards and lifeboats from Looe and Plymouth have been scrambled

Most read
travis perkins

Job Losses At Building Supplies Firm With Branches Across Cornwall

We do not know which Travis Perkins sites will be affected

Debbie Holden

Amanda Holden's Sister "Critical" After Cornwall Crash

Papers say Britain's Got Talent star has rushed to the Duchy to be with her

Top articles

Cornish MP Leads Farming Debate

Cornwall News: Scott Mann told parliament we need to be with them - not against them

Pirate FM Cornwall News Update - 7th January 2016

Cornwall Video News: Officials say they’re holding talks to find new jobs for hundreds of workers in Bodmin.

'Suspicious device' found in Devon

National News: Police investigating a suspicious device found on the London Underground have discovered a related item in Devon, Sky sources say.

Business Cornwall News - Friday, 18th December 2015

Business Cornwall News: Cornwall is spearheading reform of the Uk’s business licensing laws following a a year-long project.

Bob Dylan's Nobel Prize reaction 'arrogant'

Showbiz News: Bob Dylan's continued silence over his Nobel Prize for Literature is "impolite and arrogant", according to a member of the panel that awarded him the honour.

Bob Dylan's Nobel Prize reaction 'arrogant'

World News: Bob Dylan's continued silence over his Nobel Prize for Literature is "impolite and arrogant", according to a member of the panel that awarded him the honour.

Vettel 'on the same page' as Arrivabene

Sports News: Sebastian Vettel and Ferrari chief Maurizio Arrivabene have insisted there are no problems between them, amid fresh speculation over the Italian's position at the helm of the F1 team.

VIDEO: Batman Is Here To Save Us From "Killer Clowns"

National News: A photo of the superhero chasing one off is trending

Newer article

Weekend Rugby Round Up

Cornwall News: The Cornish Pirates, Launceston and Redruth are all in action on Saturday

Older article

Four Thousand Homes Standing Empty in Cornwall

Cornwall News: Loan plan to bring them back into use as 27,000 wait for a place to live in the Duchy

Cornwall's Pirate FMPirate 2Pirate Oldies on DAB Digital RadioEscape to Cornwall radioLoveCornwall.com - The Cornish Business DirectoryPirate Education and Training


© Copyright Pirate FM

Pirate FM cannot be held responsible for the content of external links.


We Use Cookies

This website uses cookies to store information on your computer.

By using this website you accept the use of cookies as explained in the terms of our cookie policy.