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Frontier Shortlists Preferred Banks as Waroona Debt Financing Process Moves into Phase Two

Frontier Shortlists Preferred Banks as Waroona Debt Financing Process Moves into Phase Two

HIGHLIGHTS CEO Adam Kiley commented: “Key to the initial phase of the debt financing process was confirmation of our major funding assumptions, which assumed gearing levels of between 65% to 70%, equating to between $200 million and $225 million, equipment selection, due diligence requirements and the funding timetable. Confirmation of these key assumptions in such...

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Asra Declares Maiden MRE for Yttria Ree Deposit

Asra Declares Maiden MRE for Yttria Ree Deposit

Highlights: The MRE of 15Mt at 490ppm Total Rare Earth Oxide (TREO) with 67ppm scandium oxide (Sc2O3) covers the first 2km of strike at the Yttria REE Deposit, with 55% of the tonnes within the Indicated JORC Category. The MRE has an exceptionally high ratio of 55% Heavy Rare Earth Oxides (HREO) incorporating high value...

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Q1 FY24 Revenue Update

Q1 FY24 Revenue Update

Highlights: Health House Australia also provided strong contributions of $1.8m in revenues utilising its position as a trusted supplier within the growing Australian medical cannabis landscape. During Q1 and Q2 the group signed on a variety of new suppliers and looks forward to introducing the Health House Wellness Clinic in Q2 of FY24 (refer to...

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Gold Price Update: Q1 2024 in Review

Gold Price Update: Q1 2024 in Review

The gold price hit record levels in the first three months of 2024. Opening the period on January 2 at US$2,041.20 per ounce, the yellow metal was coming off previous highs set in December 2023. Gold remained rangebound for the first two months of the year, staying above the US$2,000 level until it briefly broke...

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Mineral Resource Update – Mt Boppy Gold Project

Mineral Resource Update – Mt Boppy Gold Project

Highlights: Dennis Karp, Manuka’s Executive Chairman, commented: “The Sonic Drilling Program was critical precursor to the recommencement of the processing of rock dumps and dry tailings at Mt Boppy. The results of this program have been extremely positive allowing us to significantly improve the confidence of our Mt Boppy Resource. Consequently, Manuka is confident in...

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E25 Presents at Paydirt Battery Minerals Conference – April 2024

E25 Presents at Paydirt Battery Minerals Conference – April 2024

This presentation contains only a brief overview of Element 25 Limited and its associated entities (“Element 25″) and their respective activities and operations. The contents of this presentation, including matters relating to the geology of Element 25’s projects, may rely on various assumptions and subjective interpretations which it is not possible to detail in this...

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Top 4 ASX Lithium Stocks of 2024

Top 4 ASX Lithium Stocks of 2024

In contrast to the volatility of 2023, Q1 2024 saw a more stable lithium market. Prices for lithium carbonate started the period at US$13,377.44 per tonne and finished at US$14,874.31, marking an 11 percent increase. Strong electric vehicle sales in January helped support prices for the important battery metal, which continued to rise through February...