Boss Energy (ASX: BOE) has reached another milestone in its re-development of the historic Honeymoon mine in South Australia with the generation of production-grade uranium during pre-flushing of the start-up wells (reports Small Caps).
It has been a horror year for Chalice Mining. Its market cap has been smashed from its April high of A$3 billion to $620 million (reports Barry FitzGerald on MiningNews).
James Bay Minerals: Ticking boxes just eight weeks after listing
As one of the ASX’s newest explorers, James Bay Minerals (ASX: JBY) is wasting no time in its aim to create a multi-asset Canadian lithium business.
By Kristie Batten, Mining Commentator
The Resources Rising Stars Summer Series returns this November with one-day conferences on 14 November at the Four Seasons Hotel in Sydney and on 16 November at The Ritz-Carlton in Melbourne (reports Stockhead).
Samples from the 560m-long Warhawk pegmatite at James Bay Minerals’ Aero tenure have returned lithium concentrations containing spodumene crystals, confirming its prospectivity (reports Stockhead).
More significant intersections of total graphitic carbon (TGC) have been received at the Leliyn graphite project in the Northern Territory, laying the foundations for a resource in the 2024 March quarter (reports Stockhead).
Develop Global’s all-scrip takeover of Essential Metals has been waved through by shareholders in a deal likely to be valued at about $150 million (reports The West Australian).
Sunstone Metals (ASX: STM) has continued to highlight the substantial potential ofits Limon epithermal discovery in southern Ecuador with the receipt of further high-grade gold-silver assays (reports Small Caps).
James Bay Minerals (ASX: JBY) has discovered over 20 new pegmatite dykes as part of a maiden exploration campaign at the Aero prospect within its La Grande project in Canada (reports Small Caps).
Canada-focused explorer Pioneer Lithium is enjoying a solid debut on the ASX after raising $5 million in an oversubscribed initial public offering (reports The West Australian).
Develop Global boss Bill Beament has lashed out at an independent expert finding that its takeover offer for lithium hopeful Essential Metals is “not fair but reasonable” (reports The Australian Financial Review).
Chalice Mining founder and former chairman Tim Goyder has boosted his stake in the downtrodden developer (reports MiningNews).
Shares in Ausgold soared after the gold hopeful unveiled an updated resource estimate for its Katanning prospect that it claims supports an extended long-life operation (reports The West Australian).
Green metals from Chalice Mining’s flagship Gonneville deposit at its Julimar discovery could inject around $18 billion into the WA economy over almost two decades (reports The West Australian).
Tim Goyder-chaired DevEx has received a strong hint about the potential scale and quality of its Kennedy ionic clay-hosted rare earths discovery in Queensland (reports Stockhead).
As part of its effort to find additional resources to extend both the mine life and production rates at the Honeymoon uranium mine in South Australia, Boss Energy (ASX: BOE) says “highly successful” results have been reported from its drilling program at the Gould’s Dam satellite deposit (reports Small Caps).
Bellevue Gold boss Darren Stralow says the company is just approaching the starting line as it gears up for first production at its flagship project north of Leinster (reports The West Australian).
Exploration often gets pushed to the side when you’re a big mining developer but for advanced junior stocks, the discovery phase is where the real opportunity lies (reports Stockhead).
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