Commodities have broadly pulled back from their recent peaks, but Wall Street analysts say the fundamentals are pointing to another rally by year-end (reports CNBC).
Alicanto has appointed veteran resources executive Rob Sennitt as its new managing director to advance the rapid growth strategy for the Sala project in Sweden (reports Stockhead).
India has identified “massive potential” in Australia’s critical minerals resources to help the nation of nearly 1.4 billion make the shift to electric vehicles and large-scale battery storage (reports The Australian).
RareX’s 2022 drill program has highlighted the scale and significance of its Cummins Range rare earths deposit in Western Australia’s Kimberley region (reports Stockhead).
TNG has acquired lithium tenure 50km from its mainstay Mount Peake vanadium-titanium-iron asset and 60km from Alice Springs in Northern Territory (reports MiningNews).
There are not enough minerals, like lithium, cobalt and nickel, in the currently reported global reserves to build even one generation of batteries for all EVs and stationary power storage, according to a recent report (reports Stockhead).
Bellevue Gold is going back to the future as it builds Western Australia’s next gold mine of scale (reports MiningNews).
Early construction works are underway at Liontown Resources’ A$545 million Kathleen Valley lithium project in Leinster, Western Australia (reports MiningNews).
Carmakers face a battle for the rest of the decade to secure the lithium needed to help power the electric vehicle revolution, as demand threatens to overwhelm supply, one of the biggest producers of the metal has warned (reports The Financial Times).
Catalyst Metals says its ability to access the barely-explored Cradle Zone at its Henty gold mine in Tasmania is pointing to resource and production growth (reports MiningNews).
Labyrinth looks to have figured out the route to riches contained within its namesake project with the first three holes extending the currently defined gold lodes at depth and along strike (reports Stockhead).
Astral Resources says the latest results from infill and extensional drilling at its Theia gold deposit in Western Australia’s Eastern Goldfields continue to suggest a resource update next quarter (reports MiningNews).
In this global energy crisis and global climate crisis uranium is the new black (reports The Australian).
Red 5 boss Mark Williams reckons the price of building the company’s recently commissioned King of the Hills gold mine near Leonora would be about 50 per cent more if it was being built today (reports The West Australian).
Stavely Minerals (ASX: SVY) has closed out a capital raising with more than $5.3 million in share purchase plan subscriptions representing a 350% increase on the targeted amount of $1.5 million (reports Small Caps).
New World Resources (ASX: NWC) has received “very encouraging” results from a scoping study completed as an initial evaluation of the historic Antler copper deposit in the US state of Arizona (reports Small Caps).
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