EDITION #323
Perth, Western Australia - Monday November 20, 2023 |
Galan scores offtake deal with mining giant Glencore |
Galan Lithium has secured a binding offtake agreement with mining giant Glencore for supply of up to 100 per cent of lithium products from phase-one production at its Hombre Muerto West project in Argentina. |
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Vulcan slashes costs for unique renewable lithium project |
Vulcan Energy Resources has slashed capex costs for its Zero Carbon Lithium project in Germany by some $168 million, while maintaining an expected annual EBITDA of about $873 million, despite dipping prices. |
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Kula Gold: Fast cars, fast share price |
This week’s Bulls N’ Bears profiled ASX runner is… Kula Gold. Its share price jumped more than 184 per cent to join other impressive companies including MetalsTech, Firebrick Pharma and Cooper Metals. |
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High-grade Cuban copper points to system growth for Antilles |
Antilles Gold says it has confirmed high-grade copper results using portable x-ray fluorescence analysis on the latest diamond drillhole sunk into the company’s El Pilar copper-gold porphyry deposit in Cuba. |
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Future Battery bounces more lithium out of Kangaroo Hills |
Future Battery Minerals has unveiled a new raft of shallow, high-grade lithium hits at its Kangaroo Hills project in WA’s Goldfields region, with many intersections grading more than 1 per cent lithium oxide. |
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Xanadu on hunt for new Mongolian copper-gold |
After completing a massive infill and extension campaign at its Kharmagtai copper-gold project in Mongolia, Xanadu Mines has shifted its focus to new discoveries outside the site’s current mineral resource. |
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New Novo drilling pumps up Pilbara gold grades |
First-pass reverse-circulation drilling by Novo Resources at its Nunyerry North deposit in WA’s Pilbara region – near De Grey Mining’s 11.5-million-ounce Hemi gold play – has turned up drill hits up to 7.42g/t. |
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Estrella zeroes in on Carr Boyd nickel-sulphide targets |
A world-first audio-frequency-magnetic survey flown by Estrella Resources over its flagship Carr Boyd nickel-copper project near Kalgoorlie in WA has zeroed in on nickel-sulphide drill targets to 600m depth. |
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Infinity land grab grows Pilbara lithium tenure to 795sq km |
Infinity Mining has stretched its Pilbara lithium tenure to a whopping 795 sq km after securing a contiguous fourth exploration licence, adding to its strategically located ground 30km west of Marble Bar in WA. |
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