RareX has signed a binding terms sheet regarding the use of KMG Logistics’ bulk loading facility at Wyndham Port for product shipments, a key step forward for development of its Cummins Range phosphate-REE project.
Recently-listed Pioneer Lithium has entered an exclusive option agreement to buy the Benham project in northwest Ontario, Canada, and expects to spend about C$25,000 in exploration fieldwork (reports MiningNews).
James Bay Minerals is pursuing its strategy of expanding its land position at the La Grande greenstone belt in the James Bay region of Quebec, Canada, by acquiring 12,116ha – a 70% increase (reports Stockhead).
Canadian-focused uranium explorer 92 Energy (ASX: 92E) has further confirmed the potential of its Gemini discovery with new assay results corroborating earlier suggestions of a parallel zone of mineralisation (reports Small Caps).
Synchronicity has been the theme at Kingsland Minerals since the company started drilling out what could be a significant graphite resource earlier this year, months before China warned it would flex its muscles and use its dominance of global supply chains (reports MiningNews).
The links between lithium batteries and copper became a little stronger for New World Resources today than just the wires that transmit electricity between generation, storage and use (reports MiningNews).
WA’s bevy of gold miners have shined on the Australian Securities Exchange with strong gains on Monday across the sector as investors flock to safe haven assets thanks to multiple global tailwinds (reports The West Australian).
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).
Billionaires played another round of lithium asset acquisition as the Australian stock market rebounded this week but next week it will all eyes on the Melbourne Cup and the odds-on favourite, Rising Rates.
By Tim Treadgold.
Battery Age Minerals is back behind the drill bit at its potentially large-scale Falcon Lake project in Ontario as it seeks to expand on recent successes and test new prospective areas (reports Stockhead).
Lithium explorer Critical Resources has reported “highly-encouraging” workstreams at the newly-acquired Gullwing-Tot Lakes property, near its flagship Mavis Lake project in Canada.
Reports Small Caps
The world is on course for a swing towards green steel, and that means higher-grade ore. These ASX stocks are helping drive that transition (reports Stockhead).
Major economies like China, India, Japan, Europe, and the United States embracing nuclear power and expanding their nuclear power capacities have caused uranium prices to go on an upswing (reports Global X ETFs on Livewire).
Drilling at Spartan’s non-core Glenburgh and Egerton gold projects in WA’s Gascoyne region has returned high-grade intercepts which highlight the quality of its portfolio outside of the flagship Dalgaranga project (reports Stockhead).
Follow-up reverse circulation drilling at the Hardway target in northwest Queensland has delivered broad and shallow intercepts of copper and rare earth mineralisation for owner Hammer Metals (reports Small Caps).
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).
Spotlight swings to the likes of Patriot and Wildcat, while SQM does a deal with Calidus. Meanwhile, Calidus’ new Bulletin deposit is being likened to Spartan’s rich Never Never find.
By Barry FitzGerald.
Fear of another interest rate increase after a higher-than-expected inflation reading was a dampener on the Australian stock market this week, though the battery metals duo of graphite and lithium provided a much-needed spark.
Stepping out from known historical occurrences at Falcon Lake, Battery Age Minerals has delineated a significant mineralisation zone at Falcon East as drilling returns thick, shallow intercepts of up to 19.1 @ 1.34% Li2O.
Canada-focused Pioneer Lithium chief executive Clinton Booth is transitioning to the role of managing director, effective immediately, to lead the company from exploration into a development phase for its flagship Root Lake project in Ontario, Canada (reports Stockhead).
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