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Mandrake Resources Secures US$1 Million DoE Grant for Utah Lithium Project

Mandrake Resources Secures US$1 Million DoE Grant for Utah Lithium Project

According to the company, the money will come through the DoE’s Geothermal Technologies Office, which is under the Office of Energy, Efficiency and Renewable Energy. It will be used to characterise and estimate reserves of lithium and other critical minerals in Utah’s Paradox Basin, located in the state’s “lithium four corners” area. “Grant funds are...

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Global Markets See Sharp Declines as US Recession Concerns Mount

Global Markets See Sharp Declines as US Recession Concerns Mount

The turmoil led to significant losses, with various indexes experiencing their worst performance in months. This marked the steepest three day percentage declines for these US indexes since June 2022. The widespread market downturn began as concerns over a US recession intensified following a series of economic data releases that suggested weakening economic conditions. Investors...

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Mining to Commence at Phillips Find

Mining to Commence at Phillips Find

HIGHLIGHTS Commenting on the JV agreement, Managing Director and CEO Mr Grant Haywood said:1 “We are pleased to have partnered up with BML Ventures, who have a proven track record of delivering projects in the eastern goldfields of Western Australia. BML will be managing and sole funding the Phillips Find JV which greatly derisks the...

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Velox Announces ASX Dual Listing, Gets Vanadium Project Support from Queensland Government

Velox Announces ASX Dual Listing, Gets Vanadium Project Support from Queensland Government

The vanadium-focused company also said it has secured a “cornerstone investment” commitment from the QIC Critical Minerals and Battery Technology Fund, which is managed and administered by QIC. “With our flagship North Queensland Vanadium Project (NQVP) and Kotai Hydrogen Project both based in Australia, it is logical that we would seek to gain further exposure...

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Thick Dy & Tb REE results in NW Block of Deep Leads

Thick Dy & Tb REE results in NW Block of Deep Leads

High Dy+Tb enrichment: ABx’s rare earth strategy is to produce a mixed rare earth carbonate (MREC) that is enriched in dysprosium (Dy) and terbium (Tb), the two heavy rare earths with the highest supply risk. The Dy+Tb exceeds 4.3% of Deep Leads’ total rare earth oxides (TREO), which is the highest proportion of Dy and...

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Aurum to Advance Metallurgical Studies for Boundiali Gold Project

Aurum to Advance Metallurgical Studies for Boundiali Gold Project

This appointment marks the commencement of scoping study of the Boundiali Gold Project’s potential future development. MIM’s appointment involves both an initial metallurgical testwork scope and possible ongoing works to PFS and definitive feasibility study (DFS) levels. At the current Scoping level, MIM will: ALS Perth will undertake Comminution Tests and Cyanide Leach Testwork. Managing...

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Placement of Shortfall from Rights Issue

Placement of Shortfall from Rights Issue

Under the terms of the Offer Issue as outlined in section 1.11 of the Rights Issue Offer Document, the Directors allocated the Shortfall at their discretion to various parties who previously expressed potential interest in taking up the Shortfall. Tempest welcomes the new shareholders and is excited to further progress our exploration at our Western...

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Key Leadership Appointments

Key Leadership Appointments

Appointment of Mr. Mo Yang as Chairman and CEO Avenira is pleased to announce the appointment of Mr. Mo Yang as Chairman and Chief Executive Officer (CEO). Mr. Yang brings extensive experience in strategy, business performance and funding that aligns with Avenira’s objectives in developing the Yellow Phosphorous project at Wonarah. Mr. Yang holds a...