Australia’s Orocobre has announced an all-stock deal for smaller domestic peer Galaxy Resources worth A$1.78 billion, creating the world’s fifth most valuable lithium producer by market capitalisation. The merger will also establish the most valuable lithium stock on the ASX, with a $4 million market cap....
ASX-listed Piedmont Lithium has reported a 40% increase in the total mineral resource at its flagship spodumene project in the US state of North Carolina. The Piedmont Lithium Project now has a total mineral resource estimate of 39.2 million tonnes at 1.09% lithium oxide, for an...
Canadian junior Musk Metals has announced it will buy the Elon lithium project in Québec, in a quirky transaction whereby the company and the project have no association with Tesla’s billionaire owner Elon Musk. Musk Metals, known as Gold Plus Mining until early March, has transitioned...
Australia’s government has unveiled a 10-year roadmap that will boost the nation’s mineral processing capacity, as part of a plan to challenge China’s position as the world’s top supplier of products key to the clean energy transition. The Resources Technology and Critical Minerals Processing Roadmap includes...
American Lithium Corp has been classified as the best performing listed mining company on the TSXV, upon the release of the 2021 TSX Venture 50. The TSX Venture 50 is an annual ranking of the top performing companies on Toronto’s junior market, drawn from five sectors:...
Canadian miner and battery chemicals developer Nouveau Monde Graphite is looking to make a secondary listing on the NYSE or the Nasdaq stock market in order to further enhance its presence in the US. The TSXV-traded outfit is targeting another listing in the second quarter of...
UK-based miner Cornish Lithium has commenced a second drilling campaign at the Trelavour hard rock lithium project in the far Southwest of the country. The campaign, which commenced on 24 January 2021 with two drill rigs, will comprise of almost 1,500 metres of diamond and 2,500...
Chinese mining giant Gangfeng Lithium has signed a new joint venture agreement relating to its investment in Bacanora Lithium’s flagship Sonora project in Mexico. Ganfeng recently exercised its option to take its stake in the holding company which owns LSE-listed Bacanora’s Mexican project from 22.5% to...
US President-elect Joe Biden’s pledge to spend $2 trillion on infrastructure is expected to support base and battery metals prices – in the short term at least - as the world’s biggest economy embarks on a metal-intensive ‘green revolution’. The details of the much-needed green infrastructure...
RGN brings you highlights from the first two days of Mines and Money’s Online Connect December event. This latest virtual offering from Mines and Money replaces the annual London show, which would have returned for its 18th year in the UK capital had the COVID-19...