Marine Minerals Limited

98 Longfield
Falmouth
Cornwall
TR11 4SL
United Kingdom

Tel: +44 (0)1326 313217
Email: mp@marine-minerals.com
Web: http://www.Marine-Minerals.com

Registration Number: 6842838

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Company Profile

Marine Minerals Limited (MML) is continuing with the development of a mine tailings mineral sand asset lying in shallow water off the Cornish coast of the UK. These were independently explored, verified and calculated as tin resources in 1985 and subjected to a Pilot phase operation. Further investigations are now being undertaken on the potential for economic heavy mineral concentration in the buried beaches and paleo channels. While other economic elements may be found, a profitable Tin mining operation alone can be established. It is anticipated that the project will come into production in 2018-19. The financial characteristics of the project are good.

The company is a partner in the VAMOS €2,900,000 EU Horizon 2020 research programme developing sea bed crawler excavators for use on its and other marine mineral projects worldwide. Operations will be controlled from a dynamically positioned (DP) vessel which will pre-concentrate the material on board using screens and spirals. The pre-concentrated sand will be landed at Hayle for transport to a newly constructed final concentrating plant. MML is currently involved in environmental impact assessment related to the project this is part of the process of obtaining a statutory environmental license from the Marine Management Organisation (MMO)

The executives of the company are CEO and Mining Engineer Mike Proudfoot who led the project between 1980 and 1985, Robert Goodden who founded ‘Seacore’ which is a company renowned for its exploration work in seas all around the world, Dr David Hitchcock a sedimentologist and founder of Coastal Marine Surveys Limited a leading service provider to the offshore aggregate industry, David Kempton an engineer and developer of resource prospects and John Sewell an experienced civil engineer with extensive experience of marine works and mining schemes and this project in the 1980’s.