Meet Mining Companies in London

Cornish Metals plc is a mineral exploration and development company advancing the wholly owned and permitted South Crofty tin project in Cornwall, UK. South Crofty last operated in 1998. Cornish Metals is refurbishing shafts, dewatering the underground workings and building processing facilities to return the mine to production in 2028, creating skilled jobs in Cornwall.

Tin is essential to electronics, electrification and renewable energy, yet global supply is concentrated in a handful of countries. South Crofty offers the UK a secure, responsibly mined domestic source. The Company has now completed its funding package, including US$210 million through Nordic Bonds and £135 million through a recent equity raise.

Management Profile

Don Turvey, Chief Executive Officer

Don has more than 40 years' experience in mining, across production, project execution, business development and mineral resource management. Since 2008 he has been CEO of private, ASX- and AIM-listed mining companies, funding and bringing both new projects and historic mines into production. Before that he spent over 20 years at BHP Billiton, including as Vice President Project Development. He joined Cornish Metals in 2024 and relocated to Cornwall to lead the redevelopment of South Crofty. Don holds a degree in Mining Engineering from the University of Pretoria and a Master's in Business Leadership from the University of South Africa.

Emily Allhusen, Head of Communications

Emily leads communications at Cornish Metals, covering investor relations, regulatory announcements, sustainability reporting, internal communications and corporate affairs. She joined the company in 2025, having previously spent 7 years in Financial Public Relations, focused on the mining and natural resources industries. She works closely with the local community, employees and investors to keep them informed as South Crofty moves towards production.

Continue dewatering, which has passed 400 metres below surface, towards the 400-level at about 730 metres. Process plant civil works will progress on surface, and underground development on the 25-level will continue to serve as a training ground for newly recruited miners.

What are your key goals for the next 12 months?:

Reach the 400-level in the first half of 2027, a key step in bringing the mine back into use. South Crofty will move firmly from preparation into construction, advancing towards first production in mid-2028.

What do you think makes your company such a compelling investment?

South Crofty is a wholly owned tin project in Cornwall, with existing mine infrastructure and more than 400 years of mining history. Tin is a critical mineral used in almost all electronics, yet around two-thirds of mined supply comes from China, Myanmar and Indonesia, and the West has no primary tin production. The project is backed by the National Wealth Fund and Vision Blue Resources, and has recently announced an offtake agreement and investment from Glencore, which has agreed to buy all planned tin concentrate production for six years. With a US$210 million bond and a £135 million equity fundraise completed, development is well underway towards first production in mid-2028.