Management Commentary Commenting on the update Toro’s Executive Chairman, Richard Homsany, said: “Toro continues to advance important workstreams across our flagship Wiluna Uranium Project in WA, and we are pleased to report that work on the pilot plant design is nearing completion. The pilot plant is an important step in demonstrating the potential scale and...
Tag: investing news
Metallurgical Testwork Program Commences at Horden Lake
Highlights Managing Director, Mr Fairhall said: “The commencement of the metallurgical testwork program is an important milestone for Pivotal. It will build on previous testwork campaigns which have shown high sulphide recoveries via conventional flotation techniques. This program will allow us to optimise a flow sheet to deliver maximum metal recoveries into concentrates which yield...
EU and Serbia Sign Lithium Deal to Bolster EV Supply Chain
Lithium is critical for electric vehicle (EV) production, and the arrangement is seen as a strategic move to enhance the EU’s self-sufficiency in raw materials that are essential for the green transition. European Commission Vice President Maros Sefcovic emphasized the strategic importance of this partnership, stating that Serbia will play a central role in the...
Rio Tinto Reaches 4 Billion Tonnes of Iron Ore Shipped to China
To give an idea of scale, Rio Tinto said 4 billion tonnes of iron ore is sufficient to produce the steel required for approximately 45,000 Sydney Harbour Bridges, or over 23,000 Beijing National Stadiums. Over the past five decades, China has grown to become Rio Tinto’s largest customer, with annual shipments averaging about 250 million...
Exploration Program Underway at Corvette River Lithium, Gold, Copper & Silver Project in Quebec
The Project consists of several claim areas, including Felicie on the Corvette Lithium Trend which hosts Patriot Battery Metals’ world-class Corvette Lithium Project2 and the West Eade and East Eade claims on the parallel Corvette South Trend, approximately 12 km to the south. Both trends are on the prolific Lac Guyer greenstone belt in the...
Mernova Q3 Revenue Update
Highlights: As recently announced (refer to ASX release: 23 July 2024), the Company has entered into a non-binding LOI for the sale of the Mernova land and production facility for an initial cash consideration of $12m, with up to $2.2m in earn outs. The transaction consideration is sufficient to repay the Company’s existing secured debt,...
India to Target Pacific Ocean for Deep-sea Critical Minerals Exploration
India has announced plans to apply for licenses to explore for deep-sea minerals in the Pacific Ocean, aiming to secure critical resources necessary for the transition to renewable energy technologies. M. Ravichandran, secretary of the country’s Ministry of Earth Sciences (MoES), said India is seeking to apply to the United Nations-backed International Seabed Authority (ISA)...
June 2024 Quarterly Report
HIGHLIGHTS 1. Lake Hope, WA (IPT 80%) 2. Arkun-Beau, WA (IPT 100%) 3. Commonwealth Project (IPT 100%) 4. Other Projects 5. Corporate/Finance source
Further High-Grade Gold Results Received from Cork Tree Well Geotechnical Drilling
HIGHLIGHTS Brightstar’s Managing Director, Alex Rovira, commented “It is pleasing to see further high-grade assays continuing from geotechnical holes from the diamond drilling program that was completed at Cork Tree Well earlier this year. CTWGT004 returned a significant high-grade intersection of 4.0m @ 17.32g/t Au from 78.0m, which complements the previously announced1 intersection of 27.6m...
Quarterly Report – Activities for Quarter Ended 30 June 2024
HIGHLIGHTS: Relief Well Uranium Project (Lyndon): Lyndon Uranium/Lithium/REE Gascoyne East: Odessa’s Executive Director, David Lenigas, commented: “This has been a Quarter to prepare for drilling in the Gascoyne. We have identified some very significant uranium targets, and we aim to drill this Quarter. We have high grade calcrete uranium targets and substantial roll-front uranium targets...