Tawana completes Bald Hill earn-in
PERTH (miningweekly.com) – Lithium developer Tawana Resources has reached its A$12.5-million milestone spend at the Bald Hill project, in Western Australia, earning a 50% interest in the project, including all minerals from the tenements, as well as processing plant and infrastructure.
With the conditions of the February farm-in agreement now being satisfied, the Bald Hill joint venture agreement has come into effect.
“Tawana and Alliance Mineral Assets have been committed to delivering value to its shareholders in such a short period of time,” Tawana MD Mark Calderwood said on Tuesday.
“Both companies are well funded and it is exciting that we have the opportunity to work together to deliver lithium production in the first quarter of 2018.”
Tawana and Alliance are developing the A$42.2-million Bald Hill project, which is expected to deliver 155 000 t/y of spodumene concentrate and 260 000 lb/y of tantalum pentoxide over a mine life of 3.6 years.
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation