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Cornish Metals Advances Dewatering, Shaft Refurbishment at New Cook's Kitchen
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Cornish Metals Advances Dewatering, Shaft Refurbishment at New Cook's Kitchen
Aug 13, 2025 6:12 AM

08:30 AM EDT, 08/13/2025 (MT Newswires) -- Cornish Metals ( SBWFF ) traded 1.4% higher at last look Wednesday in U.K. trading as the company continues to advance mine dewatering and refurbishment of the New Cook's Kitchen operation in the U.K.

Cornish said shaft refurbishment and mine dewatering have now reached the mid-shaft pump station located at 360 meters below surface in the shaft.

Shaft refurbishment and mine dewatering will continue in parallel with this work, down to the current level of the submersible pumps at approximately 380 meters below surface, Cornish said.

The company expects to complete work on the pump station in the fourth quarter.

Mine dewatering and shaft refurbishment to the lower pump station level are expected in mid-2026, as previously guided.

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