https://www.miningweekly.com
R/€ = 18.9137 Change: 0.0000
R/$ = 17.4678 Change: 0.3841
Au 1865.16 $/oz Change: 0.00
Pt $/oz Change:
 

Lithium News

First tin concentrate to market in Q4 – AfriTin 

By: Martin Creamer     30th July 2018 Emerging tin mining company AfriTin is on track to place its first tin concentrate into the market in the fourth quarter of this year. The Aim-listed company is going all out to put Africa, once the fourth-biggest exporter of tin but now without an industrial-scale mine, back on the global tin... 

Core agrees funding and lithium supply term sheet with Meidu

By: Esmarie Iannucci     30th July 2018 Lithium hopeful Core Exploration has inked a non-binding term sheet with a subsidiary of Shanghai-listed Meidu Energy for the offtake of up to 150 000 t/y of lithium concentrate from the Finniss project, in the Northern Territory. Meidu subsidiary RuiFu Lthium, which is one of China’s largest... 

C-suite moves rock lithium as industry expands in battery boom

By: Bloomberg     29th July 2018 Unexpected leadership changes within a day at the world’s two largest lithium producers underscore concerns over a lack of executive experience in the industry amid a nascent boom for the battery metal. On Wednesday, Albemarle announced the replacement of its lithium president John Mitchell, who... 

Part-owner of Chile lithium producer SQM sells $275m bond

By: Reuters     29th July 2018 Chile's Pampa Calichera, one of the companies through which businessman Julio Ponce holds his ownership stake in lithium producer SQM, said it sold bonds in the local market on Friday for the equivalent of $275-million. The bond had an annual interest rate of 4.5% and a duration of 15 years,... 

Orocobre takes advantage of Advantage raising

By: Esmarie Iannucci     27th July 2018 ASX- and TSX-listed Orocobre on Friday told shareholders that it would participate in a C$12-million private placement by TSX-V-listed Advantage Lithium. Advantage will issue more than 15.5-million shares, at a price of C$0.77 each, to raise the funds, with Orocobre investing a total of... 

Outgoing Albemarle executive to join Chilean cobalt miner

By: Reuters     25th July 2018 Privately held clean energy investor Glenlith said on Wednesday that it hired outgoing Albemarle Corp executive John Mitchell to run its Chilean cobalt subsidiary. Mitchell, who has run Albemarle's lithium business since 2015, will join Glenlith's Chilean Cobalt Corp subsidiary next month,... 

Nova to list its Canada lithium projects on TSX-V

By: Esmarie Iannucci     25th July 2018 Junior Nova Minerals is looking to unlock value from its lithium projects through the spin-off of Snow Lake Resources into a C$24-million initial public offering (IPO) on the TSX-V. Following a restructure, the subsidiary will have the right to earn an 80% interest in the Thompson Brothers... 

Altura delivers first concentrate 16 months after ground was broken

By: Esmarie Iannucci     25th July 2018 ASX-listed Altura Mining has delivered its first lithium concentrate from its flagship project in Western Australia. The first concentrate production comes 16 months after ground was broken at the Pilgangoora project, in March 2017. 

MGX secures option over Argentina lithium brine project

By: Creamer Media Reporter      25th July 2018 Canadian resources firm MGX Minerals has entered into an option to acquire an 80% interest in the Salinitas lithium brine mining tenements in the lithium triangle of Argentina. The 4 308-ha contiguous land package resides in the Puna region of north-west Argentina near the border of Chile, an... 

Talison pushes button on A$516m WA lithium expansion

By: Esmarie Iannucci     25th July 2018 The board of Talison Lithium have green-lit a A$516-million expansion of the Greenbushes lithium operation, in Western Australia. The expansion will entail the construction of a new lithium concentrate plant capable of producing 520 000 t/y of chemical-grade lithium concentrate, a new crushing... 

Talison pushes button on A$516m WA lithium expansion

Savannah appoints lead engineering group for Mina do Barosso study

By: Mariaan Webb     24th July 2018 Experienced lithium consulting engineers Primero Group have been appointed as the lead engineering group for the Mina do Barosso feasibility study, Aim-listed Savannah Resources announced on Tuesday. The study will build on the outcomes of the June 2018 scoping study, which confirmed that the... 

Pilgangoora delivers first coarse product

By: Esmarie Iannucci     24th July 2018 ASX-listed Pilbara Minerals has produced its first coarse concentrate from the Pilgangoora lithium project, in Western Australia. The first coarse production followed on from the first fines concentrate last month, and resulted from the coarse circuit being brought online. 

Premier appoints chairperson, considers way forward for RHA Tungsten project

By: Marleny Arnoldi     20th July 2018 Aim-listed Premier African Minerals has appointed nonexecutive director Michael Foster as nonexecutive chairperson effective July 20, to succeed George Roach, who remains CEO. Roach commented on Friday that the separation of chairperson and CEO is long overdue and is expected to enhance board... 

Piedmont delivers lithium scoping study for US project

By: Esmarie Iannucci     19th July 2018 The vertically integrated Piedmont lithium project is expected to produce 22 700 t/y of lithium hydroxide over an initial 13-year mine life, the project’s eponymous owner reported on Thursday. ASX-listed Piedmont Lithium said that a scoping study contemplated a staged development approach for... 

Bacanora Lithium drops $100m placing for Mexico project

By: Mariaan Webb     19th July 2018 London-listed exploration and development company Bacanora Lithium, which earlier this week announced a funding package for the development of the initial 17 500 /ty lithium carbonate (Li2CO3) operation at Sonara, Mexico, has canned its proposed $100-million placing, citing “difficult market... 

Bacanora Lithium drops $100m placing for Mexico project

Chile's SQM seeks approval for $450m lithium plant expansion

By: Reuters     18th July 2018 Chilean miner SQM on Wednesday began the process of seeking government approval for a $450-million expansion of its lithium carbonate plant, which could more than double its production as demand rises for the key element in the manufacturing of batteries. SQM said in an environmental impact... 

Savannah enters into option to buy more ground in Portugal

By: Creamer Media Reporter      18th July 2018 Aim-listed Savannah Resources has entered into an exclusive due diligence and option agreement to acquire a three-block mining lease for lithium, feldspar and quartz, covering key areas of newly identified lithium pegmatite-bearing structural corridors adjacent to the company’s existing mining... 

Tawana says completes demerger of 85% of shares in Cowan Lithium

By: African News Agency      18th July 2018 Australia-based mineral exploration company Tawana Resources said on Wednesday it had completed the demerger of 85% of the shares in Cowan Lithium Limited, holding the Cowan, Yallari and Mofe Creek assets. Tawana retained 15% of the total issued shares in Cowan Lithium. 

Plateau Energy Metals Peru unit finds large lithium resources

By: Reuters     17th July 2018 Canadian miner Plateau Energy Metals's Peru unit Macusani Yellowcake said on Monday it has found 2.5-million tonnes of high-grade lithium resources and 124-million pounds of uranium resources in its Falchani hard rock deposit in the region Puno. Ulises Solis, general manager of the unit, told a... 

Bacanora raises cash to start Sonora construction

By: Mariaan Webb     16th July 2018 London-listed Bacanora Lithium on Monday announced significant progress in the raising of the construction capital needed to build Stage 1 of its Sonara lithium project, in Mexico, announcing a conditional $90-million investment from blue chip investors and a $100-million placing of ordinary... 

Bacanora raises cash to start Sonora construction

Kodal reports positive assay results from Mali projects

By: Anine Kilian     16th July 2018 Aim-listed Kodal Minerals has reported encouraging assay results from its Mali-based Boumou, Ngoualana and Sogola-Baoule prospect. The lithium mineral exploration and development company said in a project update on Monday that the Boumou prospect was continuing to develop, with northern zone... 

MGX to earn into Belmont’s Nevada lithium property

By: Mariaan Webb     13th July 2018 Diversified miner MGX Minerals has entered into an option agreement to earn into the Kibby Basin lithium brine project, in the western portion of the Great basin in Nevada, the Canadian firm announced on Friday. MGX will acquire an initial 25% interest in Kibby Basin from TSX-V-listed Belmont... 

Cinovec produces more lithium carbonate

By: Esmarie Iannucci     11th July 2018 ASX-listed European Metals has reported increased lithium carbonate production from its Cinovec lithium/tin project, in the Czech Republic, following roast optimisation test work. European Metals told shareholders that the average lithium carbonate production had increased from 20 800 t/y to22... 

Foreign-backed miner drops lawsuit against Chile for control of lithium deposit

By: Reuters     10th July 2018 Foreign-backed miner Salar Blanco, which is 50%-owned by Lithium Power International, has dropped its lawsuit against Chile to block state-run Codelco from exploiting a lithium deposit where both have claims, the Australian-listed smallcap announced. Lithium Power International said that... 

Tawana's SA investors 'ineligible' for merger deal 

By: Esmarie Iannucci     9th July 2018 The South African shareholders of ASX-listed Tawana Resources will not be receiving shares in Alliance Mineral Assets, as part of a merger agreement between Tawana and Alliance. The two companies in April agreed to pursue a scheme of arrangement, under which Tawana shareholders would receive 1.1... 

Battery-skeptic funds wait out cobalt rally seen as fleeting

By: Bloomberg     9th July 2018 Call them battery skeptics. Bets on surging demand for electric vehicles have made cobalt and lithium hot commodities, but some investors say the outlook is leaving them cold. While prices have more than doubled in the past three years on worries over shortages of the metals used in batteries,... 

Savannah raises cash for Portugal lithium project

By: Mariaan Webb     6th July 2018 Aim-listed Savannah Resources has raised £12.5-million for the development of its Mina do Barroso lithium project, in northern Portugal, providing funding for the project through a feasibility study to a final development decision early next year. The company has raised £11.5-million in cash... 

ICMM welcomes two South American miners

By: Jessica Oosthuizen     6th July 2018 Two South American mining companies, Minera San Cristóbal and Minsur, have joined the International Council on Mining and Metals (ICMM). ICMM CEO Tom Butler notes that both companies have earned their membership of ICMM by complying with the council’s “rigorous” admission procedure, adding that... 

TOM BUTLER
Both Minera San Cristóbal and Minsur have shown real leadership in their environmental and social performance and have valuable experience to share
TOM BUTLER Both Minera San Cristóbal and Minsur have shown real leadership in their environmental and social performance and have valuable experience to share

Bacanora secures $150m debt for Mexico lithium project

By: Marleny Arnoldi     5th July 2018 The Sonora lithium project is one step closer to fruition with Bacanora Lithium on Thursday announcing that it had secured $150-million in debt for the development of Stage 1 of the Mexico mine.  

Kingston sells lithium assets

By: Esmarie Iannucci     5th July 2018 ASX-listed junior Kingston Resources will divest of its Bynoe and Arunta lithium tenements in the Northern Territory, for A$1.8-million. The sale of the lithium tenements comes shortly after Kingston sold its Mt Cattlin lithium tenements to fellow-listed Galaxy Resources for A$600 000 in cash... 

Piedmont finds land for lithium plant

By: Esmarie Iannucci     5th July 2018 Junior Piedmont Lithium has acquired a 60.6 acre parcel of land in North Carolina as a potential site for a planned lithium chemical plant. The site is some 20 miles from the proposed Piedmont lithium mine and concentrator, which would minimise the cost of freight for concentrate delivery to the... 

Nemaska signs 7 000 t/y lithium offtake agreement with LG Chem

By: Marleny Arnoldi     4th July 2018 Canada’s Nemaska Lithium and Korean chemical company LG Chem have signed an offtake agreement that provides for the supply of battery grade lithium hydroxide by Nemaska to LG.  

Mali lithium mine project economics improve – Birimian

By: Esmarie Iannucci     4th July 2018 An updated prefeasibility study (PFS) into the Goulamina lithium project, in Mali, has shown improved economics and an extended mine life on the back of an increase to the mineral resource. ASX-listed Birimian on Wednesday told shareholders that a two-million-tonne-a-year mineral concentrating... 

Mali lithium mine project economics improve – Birimian

Bankers have gone AWOL in the race to build more lithium mines

By: Bloomberg     3rd July 2018 After clinching a deal with a Chinese battery maker in 2016, James Brown figured bankers would be eager to fund his new lithium mine. Altura Mining was racing to ship the raw material from Australia to the world’s biggest electric vehicle market as demand was surging. Instead, while lithium... 

Bankers have gone AWOL in the race to build more lithium mines

Bacanora financing discussions in ‘final stages’

By: Simone Liedtke     2nd July 2018 LSE-listed Bacanora Lithium is in the “final stages” of discussions with financing and offtake partners regarding its plan for full funding for the construction of Stage 1 of its Sonora lithium project, in Mexico, the company reported on Monday. The process plant has been designed to initially... 

WA lithium taskforce sets first meeting

By: Esmarie Iannucci     28th June 2018 The Western Australian government’s lithium taskforce will holds its first consultation with industry and research representation on July 19, to discuss the Lithium and Energy Materials Strategy. The taskforce was announced in May this year, to capitalise on the region’s lithium and energy... 

Rincon gets initial resource estimate

By: Esmarie Iannucci     27th June 2018 Junior PepinNini Lithium has reported an initial 600 000 t lithium carbonate and 270 000 t potash measured and indicated resource for its Rincon project, in Argentina. An additional 6 000 t of lithium carbonate and 26 000 t of potash is also classified in the inferred category. 

Cadence to invest $5.1m into Premier’s Zulu lithium project

By: Marleny Arnoldi     27th June 2018 Aim-listed miner Premier African Minerals has entered into a conditional heads of terms (HoT) with UK-based mining investment firm Cadence Minerals, which will secure a direct investment in the Zulu lithium and tantalum project, in Zimbabwe.  

54 55 56 57
58
59 60 61 62

Latest News

more

Latest Videos

more

Press Office

more

 
RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

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

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now
Free daily email newsletter Register Now