R/€ = 17.19 Change: 0.06
R/$ = 14.28 Change: 0.09
Au 1793.94 $/oz Change: 15.50
Pt 1240.50 $/oz Change: 12.01

Lithium News

Vanadium batteries need 'Elon Musk moment' to kick-start market

By: Bloomberg     10th April 2018 Vanadium needs Elon Musk or another big player in the global battery market to get behind the metal in order to share centre stage with other energy-storage components such as lithium and cobalt. “When we get that moment, we’re off to the races,” Vincent Algar, MD of Australian Vanadium, said in... 

Atlas Iron agrees to takeover by MinRes

By: Esmarie Iannucci     9th April 2018 Iron ore miner Atlas Iron has struck a merger deal with mining infrastructure and production firm Mineral Resources (MinRes), as the companies seek to exploit synergies between their operations. The amalgamation of the companies iron-ore mining assets in the Pilbara would enable the combined... 

Tawana hits capital raise target prior to Alliance merger

By: Esmarie Iannucci     9th April 2018 Lithium developer Tawana Resources will raise A$20-million through the placement of more than 48.78-million new shares, at a price of 41c each. The share placement followed Tawana’s announcement of a merger of equals with joint venture partner Alliance Mineral Assets, to create a mid-tier... 

Lithium glut fears tempered by optimism over surging demand

By: Reuters     9th April 2018 Warnings of a lithium glut may be premature. For one thing, doomsayers assume all the lithium in brine or hard rock deposits will get processed, but that’s not the case, said Jay Roberge, partner and managing director at Tehama Capital Corporation, a Vancouver-based merchant bank. 

Orocobre Q3 production woes force 10% lower guidance

By: Henry Lazenby     6th April 2018 Argentinian lithium producer Orocobre lost more than 8% on the TSX on Thursday after reporting lower-than-expected lithium production in the fiscal third quarter from the Olaroz mine, as weather issues interfered with evaporation rates, which caused management to lower guidance by 10%. Orocobre... 

Orocobre Q3 production woes force 10% lower guidance

Bacanora terminates NextView placing, reaffirms Sonara H1 construction start

By: Mariaan Webb     6th April 2018 London-listed Bacanora Lithium has terminated its £31.17-million placing agreement with NextView, after the Chinese institutional fund management group defaulted on the December 2017 agreement. NextView would have acquired a 19.89% equity interest in Bacanora through the acquisition of 32 976... 

Novo Litio seeking to resolve Portugal project dispute commercially

By: Mariaan Webb     6th April 2018 Australia-listed Novo Litio has been engaging with Lusorecursos in Portugal to resolve the dispute concerning the ownership of the Sepeda lithium project commercially. This comes as a court last year denied Novo Litio’s request for expedited legal proceedings to hear the matter. 

Horomela expedites exploration programme, expects resource estimate

By: Nadine James     6th April 2018 Aspiring base metals exploration and mining junior Horomela Mining Investment & Resources has started its exploration programmes on various licences, including its Steinkopf 22, Naroep and Aggeneys zinc licences, all in the Northern Cape. The company expects to produce an exploration results... 

Zimbabwe wants mining companies to list on local exchange

By: Bloomberg     5th April 2018 Zimbabwe wants mining companies operating in the country to list the majority of their shares on the local exchange, stirring uncertainty among investors as the nation with the world’s biggest platinum reserves after South Africa tries to bring in money to fix the economy. “No mining right or... 

Savannah discovers high-grade lithium at Mina do Barroso

By: Creamer Media Reporter      5th April 2018 Aim-quoted Savannah Resources has discovered new high-grade lithium mineralisation at its Mina do Barroso project, in Portugal, where it believes the Grandoa deposit offers a significant near-term lithium development. The new mineralisation was discovered to the west and southwest of the main... 

Alliance-Tawana merger to create midtier lithium producer

By: Esmarie Iannucci     5th April 2018 ASX-listed Tawana Resources on Thursday announced a merger with its joint venture (JV) partner Alliance Mineral Assets to create a mid-tier lithium producer with a market cap of A$446-million. Under the terms of the merger agreement, Alliance will acquire all the issued shares of Tawana for 1.10... 

Alliance-Tawana merger to create midtier lithium producer

European Lithium publishes Wolfsberg PFS results

By: Esmarie Iannucci     5th April 2018 The Wolfsberg lithium project, in Austria, is expected to deliver about 620 000 t/y run-of-mine production over a 12-year period, ASX-listed European Lithium reported on Thursday. A prefeasibility study (PFS) has estimated that the concentrator will produce an average of 55 400 t/y of spodumene... 

Bacanora makes progress on German Zinnwald lithium project feasibility study

By: Henry Lazenby     5th April 2018 Project developer Bacanora Lithium is making good progress on its feasibility study for the Zinnwald lithium project, located in Germany’s Southern Saxony region, the company reported on Wednesday. The company, which has now successfully re-domiciled from Canada to London, in the UK, and moved... 

Zinnwald lithium study progressing on schedule – Bacanora

By: Mariaan Webb     4th April 2018 Aim-listed Bacanora Lithium is continuing to advance a feasibility study to demonstrate the economic viability of producing higher value lithium products at the Zinnwald project, in Germany, for the European battery and automotive sectors. The feasibility study is under way and is scheduled for... 

Prospect and Sinomine cement Zim lithium project agreement

By: Esmarie Iannucci     4th April 2018 Gold and lithium developer Prospect Resources has cemented an agreement with Hong Kong-listed Sinomine Resources Exploration, which will see the development of the Arcadia lithium project, in Zimbabwe. The two companies in November inked a conditional placement and framework agreement under... 

Prospect and Sinomine cement Zim lithium project agreement

Quest for cheaper batteries lures money from Russian billionaire

By: Bloomberg     4th April 2018 Russian billionaire Oleg Deripaska is investing in research into next-generation batteries to replace the lithium-ion units that are currently used in phones and cars, and to store power from solar plants. The tycoon’s En+ Group, which owns power plants and the largest aluminum maker outside... 

Quest for cheaper batteries lures money from Russian billionaire
Oleg Deripaska

Savannah raises cash for project pipeline

By: Creamer Media Reporter      3rd April 2018 Aim-quoted Savannah Resources has potentially raised £2.1-million in gross proceeds for its project pipeline in Africa and Europe, the company reported on Tuesday. The fundraising comprised new and exiting investors subscribing for 27 636 361 new shares at 5.5 p a share, for gross proceeds of... 

Pilbara welcomes Posco as strategic investor

By: Esmarie Iannucci     3rd April 2018 South Korean steelmaker Posco has acquired a 4.57% stake in ASX-listed Pilbara Minerals, contributing some A$80-million to the company’s balance sheet. The deal, initially announced in February, woul establish a long-term strategic offtake and joint venture (JV) relationship between the two... 

Post-Mugabe Zimbabwe mining rush leaves big producers behind

By: Bloomberg     3rd April 2018 While Zimbabwe’s leadership change has sparked a race for the nation’s mineral riches among entrepreneurs and tiny explorers, big-name mining companies are taking a wait-and-see approach. New President Emmerson Mnangagwa has a lot to prove as he seeks to revive the economy and attract mining... 

Post-Mugabe Zimbabwe mining rush leaves big producers behind
Zimbabwe President Emmerson Mnangagwa

Shareholders in Chilean lithium firm SQM move to shake up governance

By: Reuters     3rd April 2018 Two major shareholders in Chilean lithium giant SQM proposed in a regulatory filing on Monday to change the company's governing statutes in a way that could block other shareholders from gaining control of the firm. Pampa Calichera and Potasios de Chile, both controlled by Chilean businessman... 

Power Metals prepares for spring drill programme

By: Henry Lazenby     2nd April 2018 Exploration junior Power Metals is preparing to undertake an 8 000 m spring drill campaign on its Case Lake spodumene project, in Ontario, advising that it could increase planned drilling to 7 000 m during the fall, for total planned drilling of 15 000 m this year. The Vancouver-based company... 

Aftan secures clearance to abstract water from Orange river

By: Marleny Arnoldi     28th March 2018 The Environmental Commissioner of Namibia has issued a clearance certificate to allow for the abstraction of water from the Orange river for African Tantalum’s (Aftan’s) Namibia Tantalite Investment (NTI) mine.  

European Metals reports improved lithium recoveries from Czech project

By: Mariaan Webb     28th March 2018 The economics of the Cinovec lithium/tin project are likely to be enhanced by the recent higher lithium recoveries that Australia- and UK-listed European Metals achieved during its ongoing metallurgical optimisation and ore variability testwork programme. Lithium leach recoveries of 94% to 95%... 

Lithium miner eyes even greater riches in piles of battery waste

By: Bloomberg     23rd March 2018 Recycling lithium material from used electric vehicle batteries promises to be even more profitable than mining the increasingly valuable metal, according to an Australian producer building a test facility in Canada. Perth-based Neometals is working to recover raw materials including lithium,... 

Tawana zones in on Bald Hill, spins off remaining assets

By: Esmarie Iannucci     22nd March 2018 Lithium miner Tawana Resources has announced the spin-out of its Cowan and Yallari lithium projects, in Western Australia, and the Mofe Creek iron-ore asset, in Liberia, into a separate entity. Tawana told shareholders on Thursday that an ASX-listing for the new company would not be initially... 

The lithium sector surge is poised to ignite a deals bonanza

By: Bloomberg     21st March 2018 The tripling in lithium prices over three years is poised to fuel a multi-billion dollar rush of deals as major players jostle for dominance to supply the metal needed for the electric vehicle battery revolution. China’s expected to lead a mergers and acquisition bonanza as companies seek to... 

The lithium sector surge is poised to ignite a deals bonanza

Birimian reports cost savings at Mali lithium project

By: Esmarie Iannucci     20th March 2018 Lithium hopeful Birimian has reported a number of cost cuts at its Goulamina project, in Mali, following the optimisation of the prefeasibility study (PFS). Birimian on Tuesday reported that transport and handling costs have reduced by an estimated 47%, from $187/t to $100/t, while power costs... 

Kidman increases Earl Grey resource

By: Esmarie Iannucci     19th March 2018 Lithium developer Kidman Resources has reported a 54% increase in the resource estimate at its Earl Grey project, in Western Australia. Following a 12-month resource definition and exploration programme, Kidman has increased the resource estimate at Earl Grey to 189-million tonnes, grading 1.5%... 

New Chile govt undecided on blocking SQM sale to China firms – official

By: Reuters     16th March 2018 Chile's new government is evaluating whether to support a petition filed by its predecessor to block the sale of a stake in top lithium miner SQM to a Chinese firm, a senior government official told Reuters on Friday. Chile development agency Corfo filed a complaint last week to block the sale... 

Relaxed export, production quotas an 'inflection point' for Chile's lithium industry

By: Henry Lazenby     16th March 2018 In the days following conservative billionaire Sebastian Pinera being sworn in as president of Chile for a second term on Sunday, the new government is signalling a more relaxed approach to the hot-button issue of lithium production and exports. This week's announcement that the Chilean Nuclear... 

Relaxed export, production quotas an 'inflection point' for Chile's lithium industry

Rare earths company acquires critical metals portfolio in Namibia

16th March 2018 Heavy rare earth elements project developer Namibia Rare Earths (NRE) has completed the acquisition of a portfolio of critical metal properties from private firm Gecko Namibia, which will see NRE obtain a controlling interest in a portfolio of seven metals properties, thereby expanding its focus... 

Rare earths company  acquires critical metals portfolio in Namibia
RARE MINERALS Namibia Rare Earths has started exploring several mineral deposits across the country

South Africa discount no longer warranted, say analysts

By: Martin Creamer     15th March 2018 The so-called 'South Africa discount' that has dogged and diminished the share prices of mining companies operating in South Africa for decades, has been declared "unwarranted" by Goldman Sachs Europe Metals & Mining Equity Research analysts, against the backdrop of the winds of political change... 

South Africa discount no longer warranted, say analysts
Photo by Goldman Sachs
Share prices of Glencore and Anglo at 2013 levels, despite higher earnings, lower debt

Altura confirms talks with China’s Shaanxi J&R Optimum Energy

By: Esmarie Iannucci     15th March 2018 The share price of junior Altura Mining gained by another 8% on Thursday after the company confirmed speculation that it had been in discussions with Shaanxi J&R Optimum Energy Company regarding a potential control transaction. The lithium developer told shareholders that the content of the... 

Pilbara draws-down Pilgangoora funding

By: Esmarie Iannucci     15th March 2018 Lithium developer Pilbara Minerals has completed the first draw-down from its $100-million senior secured bond, advancing the Pilgangoora lithium/tantalum project, in Western Australia. The company has now drawn down nearly 50% of the total $100-million bond issue, having satisfied all... 

Neometals buys lithium rights in WA

By: Esmarie Iannucci     15th March 2018 ASX-listed Neometals has inked an agreement to acquire the lithium rights of the Mt Edwards project, in Western Australia, for A$2.5-million. The Mt Edwards project is some 40 km south of the Mt Marion lithium project, in which Neometals holds a 13.8% interest. 

Paradigm shift required to position mining industry for long-term success

By: Henry Lazenby     15th March 2018 The long-term mindset of the mining industry will have to change to position itself for long-term success, set against an ever-changing landscape, says BHP Billiton's head for Minerals America, Daniel Malchuck. He told an audience during the keynote session of the recent Prospectors and... 

Paradigm shift required to position mining industry for long-term success
Photo by BHP Billiton
Escondida, Chile

Bald Hill produces first concentrate

By: Esmarie Iannucci     14th March 2018 The Bald Hill lithium and tantalum mine, in Western Australia, has produced its first lithium concentrate, following the commissioning of a new dense media separation (DMS) circuit. ASX-listed Tawana Resources on Wednesday reported that the DMS would be ramped up to full production over the... 

Chile attempts to block China from prize lithium asset

By: Reuters     14th March 2018 Chile's government has asked antitrust regulators to block the sale of a 32% stake in Chilean lithium company SQM to a Chinese firm on the grounds it would give it an unfair advantage in the global race to secure resources to develop electric vehicles. Chile development agency Corfo, which... 

28 29 30 31
33 34 35 36

Latest News


Latest Videos


Press Office


RSS Feed


Mining Weekly is a product of Creamer Media.

Other Creamer Media Products include:
Engineering News
Research Channel Africa

Read more


We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store


Advertising on is an effective way to build and consolidate a company's profile among clients and prospective clients. Email

View options
Free daily email newsletter Register Now
Register Close