Variscan Mines

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Montserrat

Our Explorer-Producer Strategy is designed to deliver early cashflow from production at the San Jose and Udias Mines to achieve attractive financial returns whilst sustainably funding exploitation of the exploration upside and the overall development of our project portfolio.

Managing Director & CEO, Stewart Dickson brings deep capital markets and first hand mining industry experience to Variscan.

He has designed and is delivering our clear Explorer-Producer strategy, building relationships and investor support, to reignite zinc production and exploit a district-scale opportunity in the heart of Europe. 

Our clarity and focus results in efficient and effective delivery of objectives. 

Spain is one of the most vibrant mining jurisdictions in Europe. 

It has a strong mining history, excellent infrastructure, low-cost energy, skilled local workforce, stable regulatory environment and access to the large markets of the European Union. 

Variscan has a portfolio of de-risked, zinc-focused, former producing assets. 

Continuing company evolution and demonstrable project progression has positioned Variscan for further growth. 

Leveraging one of the highest-grade zinc development projects in Europe, we have a platform for future growth as we seek to become a zinc producing mid-tier mining company. 

Zinc is designated as a critical mineral by many governments and respected non-governmental organisations such as the International Energy Agency and the World Economic Forum.

Our projects offer the potential for local zinc supply into European markets providing supply chain resilience and economic prosperity.

Our Local First approach underpins our way of doing business as we develop our assets for the benefit of all. 

Zinc is a critical metal for our future. 

Zinc is one of the world’s most versatile and essential materials.

It is the fourth most used metal in the world behind iron, aluminium and copper.

It plays a critical role in enabling green technologies such as solar and wind power.

Zinc-ion batteries are also considered safer than lithium-ion batteries for use in electric vehicles.

Zinc plays a crucial role in green energy technologies like solar panels and wind turbines, as well as in battery technology for electric vehicles. 

Zinc is used in the galvanising process to protect steel from rust, a vital process for infrastructure, transportation, and many other industries. 

Zinc is used in various applications, including alloys (like brass and bronze), die-casting, sunscreens, and even in human health supplements. 

Demand for zinc is expected to rise significantly as the world transitions to a low-carbon economy and as more countries embrace renewable energy. 

There are concerns about potential future mine supply and potential supply chain disruption.

Zinc protects wind turbines and solar panels from corrosion, helping renewable infrastructure last longer and perform more reliably.