Pilbara Minerals boss Ken Brinsden says demand fundamentals in the beaten-down lithium market have started to improve and he expects pricing to follow (reports The West Australian).
Pilbara Minerals boss Ken Brinsden says demand fundamentals in the beaten-down lithium market have started to improve and he expects pricing to follow (reports The West Australian).
The market for lithium concentrate cratered in 2019 after the world’s biggest buyer China changed its electric vehicle subsidy scheme causing widespread disruption and indigestion across the supply chain.
Northern Star executive chairman Bill Beament sparked a billion-dollar share price rally on Tuesday with a $5.76 billion offer for Saracen Mineral Holdings
Northern Star executive chairman Bill Beament sparked a billion-dollar share price rally on Tuesday with a $5.76 billion offer for Saracen Mineral Holdings that caps a decade of intense deal-making and will turn his company into the world's sixth-biggest gold miner (reports The Australian Financial Review).
RareX is gearing up to begin drilling its Weld North rare earths project, which is close to Lynas Corporation’s new rare earths mine in Western Australia (reports Small Caps).
RareX is gearing up to begin drilling its Weld North rare earths project, which is close to Lynas Corporation’s new rare earths mine in Western Australia (reports Small Caps).
A drilling contractor has now been engaged, with the program scheduled to begin next month.
Chalice Gold Mines shares reached new heights after drilling defined a new platinum group element-copper-gold horizon at the Julimar discovery, northeast of Perth (reports MiningNews).
Chalice Gold Mines shares reached new heights after drilling defined a new platinum group element-copper-gold horizon at the Julimar discovery, northeast of Perth (reports MiningNews).
Bellevue Gold (ASX:BGL) could be on track for a significant resource upgrade after discovering a new high-grade gold lode at its namesake project in Western Australia (reports Stockhead).
Bellevue Gold (ASX:BGL) could be on track for a significant resource upgrade after discovering a new high-grade gold lode at its namesake project in Western Australia (reports Stockhead).
The new Armand lode has been defined over a 450m strike that remains open to the north, down-dip and down-plunge by drilling that returned high-grade hits such as 1.9m at 58 grams per tonne (g/t) gold from 380.5m and 3.7m at 26.2g/t gold from 372.3m.
It will not be drilled until the first half of next year but Mincor Resources is very excited about getting the opportunity to explore ground it believes is about as prospective as it gets in the hugely historically prolific Kambalda nickel belt
It will not be drilled until the first half of next year but Mincor Resources is very excited about getting the opportunity to explore ground it believes is about as prospective as it gets in the hugely historically prolific Kambalda nickel belt (reports MiningNews).
The ground lies between the Durkin North and Long resources at Kambalda, with Mincor hopeful mineralisation may be continuous over the circa 1.1km between the two deposits.
Strandline Resources has made key strides in its developments for its Fungoni mineral sands projects, and its longer life Tajiri project in Tanzania (reports MiningNews).
Strandline Resources has made key strides in its developments for its Fungoni mineral sands projects, and its longer life Tajiri project in Tanzania (reports MiningNews).
A scoping study for the titanium-dominated resource at Tajiri has indicated a low-cost operation that should generate strong financial returns, with a pre-tax net present value of US$205 million and an internal rate of return of 36%.
The engineering study used a resource of 268 million tonnes at 3.3% total heavy minerals, with mining targeted at 8Mtpa, targeting around 185Mt of the deposit.
There is a natural inclination to think that in a nil premium scrip merger, one set of shareholders – usually the smaller of the two - is being done over (writes Barry FitzGerald on MiningNews).
There is a natural inclination to think that in a nil premium scrip merger, one set of shareholders – usually the smaller of the two - is being done over (writes Barry FitzGerald on MiningNews).
To placate the unhappy, the merging entities point to the re-rating to come from the marriage because of its "compelling" logic, and because it comes with a bagful of synergy benefits to be shared by all.
The problems with that is while the claimed synergy benefits can be quantified to a degree, the timing and scale of the promised re-rating cannot.
