“I can honestly tell you the fundamentals of the uranium market are the strongest I’ve seen in living memory,” opined Boss Energy boss Duncan Craib at a major mining investment forum on Monday (reports The Australian).
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).
Trio of former juniors rapidly closing-in on pivotal development studies. Plus, new IPO James Bay Minerals swamped with investor demand for $6m IPO as Canadian lithium sector runs hot.
By Barry FitzGerald
A promising stock market recovery early this week was snuffed out by the deeply significant downgrading of U.S. Government debt by Fitch Ratings, just as an event that will trigger the next boom – a cash mountain – moved into sight.
By Tim Treadgold.
New World Resources has flagged some exceptional drill targets at its Javelin copper Volcanogenic Massive Sulphide (VMS) project in Arizona, USA from a recent Induced Polarisation (IP) survey (reports Stockhead).
Exxon Mobil is in talks with Tesla, Ford, Volkswagen and other automakers about supplying them with lithium as the oil giant works to build a business around the crucial battery metal, sources say (reports Bloomberg).
Rio Tinto chief executive Jakob Stausholm would like to mine lithium in Canada and is looking at possible “entries”, as US lithium major Albemarle swooped on a 6.4 per cent stake in ASX-listed Canadian lithium explorer Patriot Battery Metals (reports The Australian Financial Review).
A mix of global institutional, corporate and sophisticated investors has agreed to pump additional funds into Centaurus Metals to support advancement of the Jaguar nickel project in Brazil (reports MiningNews).
Battery Age has started summer fieldwork to identify and prioritise targets for drilling at its Falcon Lake lithium project in Ontario, Canada, with mechanical stripping now underway (reports Stockhead).
Yet another miner in search of success in Canada’s James Bay region has set its sights set on a stock market listing, with the eponymously named James Bay Minerals rattling the tin for up to $6 million as part of an initial public offering (reports The West Australian).
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