July 6, 2022

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Sir Mick Davis set to restore shuttered Cornish tin mine

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New Poldark era of mining looming as industry veteran Sir Mick Davis set to plough £25m into restoring shuttered Cornish tin mine

New era: Cornwall was the focus of Winston Graham’s Poldark novels, which became a BBC TV series starring Aidan Turner

A new Poldark era of mining looms as industry veteran Sir Mick Davis is set to plough £25m into restoring a shuttered Cornish tin mine. 

Cornwall was the focus of Winston Graham’s Poldark novels, which became a BBC TV series starring Aidan Turner. 

The South Crofty tin mine, in Pool, Cornwall, closed in 1998 after more than 400 years of production. 

But it should be open again in 2026 with fundraising backed by Davis – the former Tory party treasurer who led mining giant Xstrata – through his green energy fund Vision Blue Resources. 

Cornish Metals is tapping investors for £40m, including VBR’s £25m, to restore South Crofty. 

It will create 1,000 jobs and boost production of tin, which is essential in green technologies such as electric car batteries.

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