St George Mining Limited (ASX:SGQ) has announced significant developments in its exploration efforts at the Myuna Rocks Project in Western Australia's Ravensthorpe region. The project, owned by Lithium Star Pty Ltd (a joint venture between St George Mining and Amperex Technology Limited), has seen its tenure double in scale, now spanning 546 square kilometres. The newly granted Exploration Licences E74/789 and E74/790 have expanded the project's area, with the land package extending over 50 kilometres north-west along a regional greenstone corridor, starting just five kilometres north of the Mt Cattlin Lithium Mine. This corridor hosts active explorers such as Fortescue,…
The Australian government has recently announced a significant investment of up to $840 million in the Arafura rare earths project and a $230 million loan for Liontown Resources. These investments are part of the government's efforts to boost critical minerals projects and strengthen Australia's position in ethical and sustainable manufacturing of rare earths. The investment in the Arafura rare earths project aims to support the development of the Nolans Project, a rare earth mine located north of Alice Springs. The funding package includes $495 million from the Critical Minerals Facility, $200 million from the Northern Australia Infrastructure Facility (NAIF), $115…
It’s possible that a domestically-listed gold explorer, which boasts a not-too-shabby evolving flagship project in Western Australia’s Wheatbelt, may be looking to lithium to help boost its languishing market valuation. No doubt the WA-based junior is also hoping that a farm-in agreement it made back in 2022 with a fellow exploration house will garner some much-needed shareholder interest sometime in the future. When Austgold Ltd (ASX: AUC) presented at Vertical Events’ RIU Explorers Conference in February last year, its share price was around the 0.05 cents mark, giving it a market capitalisation of $105 million. By the same time this…
A West Australian junior involved in a number of exploration projects is confident it has come across an iron oxide-gold-copper (IOCG) deposit in its home state. Late last year, Miramar Resources Ltd (ASX:M2R) said that a review of historical drilling data had “potentially” revealed very significant magnetite iron opportunities at its wholly-owned Whaleshark project, which sits within the Carnarvon Basin in WA’s Ashburton region. Field work conducted in the area by Western Mining Corporation (WMC) in the 1990s whilst exploring for an IOCG intersected significant widths of magnetite-rich banded iron formation (BIF) averaging above 25 per cent iron beneath younger…
Joint venture partners Covalent Lithium, Wesfarmers and Sociedad Química y Minera de Chile (SQM) have opened of the Mt Holland lithium mine and concentrator project. The Mt Holland lithium project consists of an open-cut mine and concentrator, located 110km southeast of Southern Cross in the Wheatbelt region, and a refinery currently being constructed in the Kwinana Industrial Area. With an expected cost of $2.6 billion, the project is supporting 1,000 jobs during construction and 350 jobs during operations. Mt Holland will produce 380,000 tonnes of spodumene concentrate per year, which will be refined into 50,000 tonnes of battery-quality lithium hydroxide.…
BMG Resources Limited has announced promising results from its ongoing exploration review of the Dragon project neighbouring WA1 Resources’ site in the West Arunta region of Western Australia. Multiple targets showing structural and magnetic features have been identified at the Dragon Project — features similar to those that represent mineralised carbonatites at WA1 Resources’ ground and the nearby Aileron Project of Encounter Resources. BMG’s Dragon Niobium-REE Project is immediately adjacent to and shares a 30-kilometre-long border with the West Arunta Project of WA1 Resources. BMG Non-Executive Chairman John Prineas said: “Our ongoing review of exploration data for the West Arunta…
Pantera Minerals Limited has announced a substantial expansion of its Smackover Brine Project in North America, with the acquisition of 3,553 acres, representing a 26 per cent increase in leased acreage. The company's total net leased acreage now surpasses 17,000 acres. The bulk of the new acreage comes from a key lease with a mineral owner covering 2,194 acres, placing Pantera in a unique position of strength. This expansion not only enhances the project's scalability but also consolidates Pantera's control, with 100 per cent ownership of the project now under its purview. Pantera, the sole junior company listed in the…
Canadian technology company, ELYSIS has announced the site for its new research and development facility in the Saguenay–Lac-Saint-Jean region of Québec. The ELYSIS joint venture, by Rio Tinto and Alcoa Corporation, is working to commercialise a breakthrough technology that eliminates all direct greenhouse gases (GHG) from the traditional aluminium smelting process, instead producing pure oxygen. In Canada alone, the technology has the potential to reduce GHG emissions by 7 million tonnes, which is equivalent to removing 1.8 million cars off the road. The company believes this technology could reduce the environmental footprint of the aluminium industry on a global scale.…
ASX-listed emerging diamond group, Lucapa Diamond Company Limited, in partnership with the Government of the Kingdom of Lesotho, have announced the recovery of a top-colour 55-carat diamond from the new 1.1 Million tonne per annum (Mtpa) Mothae kimberlite plant in Lesotho, Africa. The 55 carat stone is the fifth over 50-carat diamond recovered to date from Lucapa's 70 per cent owned Mothae project; in March, an 83.9-carat diamond was recovered. Commercial production from the Mothae mine commenced in January 2019 following the successful commissioning and ramp-up phases for the new plant and an earlier bulk sampling campaign. Mothae is considered…
Anson Resources Limited has commenced drilling the re-entry of the Skyline Unit 1 well at its Paradox Brine Project, located in Utah, USA. Anson is targeting lithium-rich brines in the deepest part of the Paradox Basin. Lithium values of up to 1,700ppm have historically been recorded in close proximity to Anson’s claim area. According to the company, the Skyline Unit 1 well had access that required little upgrade work and had previously recorded brine flow from historical drilling. This marks the third re-entry of an existing well carried out by the company at the Paradox Brine Project to sample brines…
BlackEarth Minerals NL has provided an update on the assay results received from trenching programs at the Maniry Graphite Project in Southern Madagascar. The Maniry trenching program was completed in early December with 47 trenches excavated for 4,314 metres, with 2,183 samples collected for analysis. 479 assay results were returned from the laboratory with the remaining assay results expected to be received and reported upon during the current quarter. The most impressive assay results were received from Trench MNT041 and MNT041a which were excavated at the Razafy NW prospect, these are summarised below: Trench MNT041: 0m at 9.89 per cent…
Newcrest Mining Limited has entered into an agreement with Roxgold Inc. for the sale of its Séguéla gold project and its portfolio of regional exploration tenements in the West African country of Côte d’Ivoire. Under the sale of the new agreement, Roxgold will pay Newcrest upfront consideration of AUD $14 million cash on completion. Roxgold has also agreed to a deferred payment of AUD $7 million cash contingent on first gold production from the portfolio. Highlights of the transaction: Prospective exploration permits covering 3,298 square kilometres in the mining jurisdiction of Côte d'Ivoire with significant scope to build upon existing…
Neometals Ltd has successfully commissioned the first stage of its lithium-ion battery recycling pilot plant (Pilot) in Canada. Despite worldwide regulation constantly tightening, it is estimated that only approximately 5 per cent of lithium-ion batteries are recycled across the globe. Increasing regulations coupled with developing corporate requirements for ethical sourcing and disposal of lithium-ion batteries have created an opportunity for Neometals to recover critical/non-renewable resources while reducing the environmental impacts usually associated with battery disposal. To capture this opportunity, Neometals developed a process flowsheet to recover over 90 per cent of all battery materials (in addition to recycling water and…
The world's first and China's largest battery energy storage system (BESS) multi-mixed energy power station was recently completed and integrates wind (400MW), photovoltaic (200MW), concentrated solar power (50MW), and an energy storage system (ESS) (100MWh) into one system on the grid. The first of its kind in China, the station coordinates three different renewables, with fluctuating sources of energy and is required to respond consistently to fluctuating demand, making its batteries and battery management system crucial to the reliability of the system. Contemporary Amperex Technology Co., Limited (CATL), a China-based manufacturer of lithium-ion batteries overcame the requirements during product design…
