Author: backoffice

The diamond is the sixth largest and the 44th +100 carat diamond to be recovered from the Lulo Alluvial operations since mining commenced in 2015. The 195 carat Type IIa diamond is the fourth +100 diamond to be recovered at Lulo this year. For and on behalf of the Lucapa Board. Nick Selby Managing Director...

Africa has a well-developed uranium-mining industry owing to Namibia — currently the world’s third largest producer of the resource behind Kazakhstan and Canada. But Namibia is not the only African country with rich uranium reserves. Tanzania also shows great promise as an emerging uranium jurisdiction. With its mining-friendly government, skilled and abundant labour and rich...

HIGHLIGHTS The MRE upgrade significantly increases the global tonnage by 33% to 77.9 million tonnes (Mt) at an improved grade of 1.15% Li2O, with an increase of 37% in Lithium Carbonate Equivalent (LCE) to over 2.21 million tonnes LCE. Importantly the MRE now includes 61.4Mt at 1.14% Li2O in the higher confidence Indicated category as...

Jindalee owns 100 percent of the McDermitt lithium project, currently the largest lithium resource in the US, with a mineral inventory of 3 billion tons @ 1,340 parts per million for 21.5 million tons of lithium carbonate equivalent, and strategically located amongst US gigafactories. A prefeasibility study to determine the project’s economics is currently underway...

Highlights Managing Director and CEO, Neil Marston commented, “These are impressive early results from the first hole of our drilling campaign at the Trafalgar Prospect at Golden Ridge in Northeast Tasmania, adding further confidence to our understanding of Trafalgar as a multiple high-grade vein, intrusion-related gold deposit. “Earlier this year our exploration model for Trafalgar...

Are you poised to invest in the next big breakthrough in the life sciences? From biotech to pharmaceuticals, our report covers it all. Get expert analysis and top stock picks to guide your investment decisions. “There’s plenty of innovation in our sector, especially in the hands of biotech companies. And once proof of concept is...

Highlights: Commenting on the update, White Cliff Managing Director, Troy Whittaker said: “The Nunavut Cu-Au-Ag Project presents the Company with a significant opportunity. Previous operators proved the presence of high grade Copper veins however there was no sufficient follow up drill testing providing us with the opportunity for considerable exploration upside. We look forward to...

One challenge not often discussed regarding lithium supply is sustainability. Traditional lithium mining typically requires immense volumes of energy and generates considerable waste. Even lithium brine extraction, typically viewed as the more sustainable option, has the potential to cause environmental harm. Besides lithium, the company also has two high-impact mineral claims in the world-class Athabasca...

The decision halts the global commodities miner’s plan to inject CO2 into underground aquifers to reduce emissions from a coal-fired power plant. The CO2 would have been stored 2.3 kilometers underground in the Surat Basin. The Queensland Department of Environment and Science announced on May 24 that the project would not proceed due to concerns...

The news outlet notes that fleet customers are especially important in Europe, where companies often lease large amounts of company cars for employees. In fact, purchases from leasing and rental car companies made up 44 percent of Tesla’s sales last year in the UK, as well as 15 EU countries. In Q1, its fleet sales...