Fe Limited to proceed with earn-in of Macarthur lithium and gold tenements in Pilbara
The decision follows successful due diligence on the package with stage I exploration to begin.
Company
ASX:PLS
Pilbara Minerals Ltd (ASX:PLS) is listed on the Australian Securities Exchange.
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The decision follows successful due diligence on the package with stage I exploration to begin.
The company is focused on developing its Butcherbird Manganese Project in Western Australia.
Sophisticated investors participated in the company’s shortfall placement to the value of $472,000.
Notably, the advisory group has worked on financing for a number of Pilbara region projects.
The company is acquiring two highly prospective lithium projects in the Pilbara region.
The 1,600 square kilometres of tenements are in proximity to numerous known hard rock lithium and gold deposits.
Investments and investor services
Wesfarmers (ASX:WES) has lobbed a $1.90 cash bid to acquire Kidman Resources (ASX:KDR).
Materials, energy and financials were the biggest contributors to advances on the ASX.
Recent lithium deposit discoveries have made this region one of the hottest in the electric vehicle battery space.
The Roskill-hosted conference gathered lithium analysts, industry leaders and investors to discuss new developments and current projects in the industry.
The conference will be held at the Parmelia Hilton in Perth this Thursday and Friday, February 21 and 22.
The lithium price faces a slow downward trend to 2022 as the market shifts into a supply surplus in 2019.
Researchers will be creating capacity and capability to leverage the global battery metals boom as focus is shifted to new energy systems.
The two-day Technology and Low Emission Minerals Conference featured many of Australia’s emerging resource companies focused on sustainable operations and new energy minerals.
The drilling was designed to confirm previous high-grades results and to determine the distribution and percentages of lithium-bearing minerals.
Keynote speaker the Hon Bill Johnston MLA told the conference that new and renewable energy technologies represent a once-in-a-generation opportunity for WA.
The conference will be held at the Westin Hotel in Perth next Tuesday and Wednesday, November 13 and 14.
Pilbara Minerals expects its output to be loaded at Port Hedland port later this week.
The company's managing director recently met with the new San Luis mining secretary.
Presenters at this year’s Diggers and Dealers Mining Forum in Kalgoorlie in the Western Australian Goldfields looked at the question of growth, and whether to focus on acquiring new projects or explore to increase production.
Battery minerals plays will talk outlooks, prospects and struggles as they front Diggers audiences this week at the presenters’ podium.
A bevy of gold miners and developers will front Diggers audiences this week at the presenters’ podium.
Long-life operation with the ability to deliver high-quality spodumene concentrate at a low cost.
Nick Giorgetta says the annual event is unique as delegates can also tour working mines.
Pilgangoora resource remains open in several areas, with potential for significant further growth.
All sectors of the Aussie market were up today, Telcos was the top performing sector.
POSCO is making an upfront $79.6 million equity investment in Pilbara Minerals.
S&P/ASX 200 had its best day this week, putting on 49 points by the close of trading.
Atlas Iron has traded over $1 million of stock in strong early trade.
The volume on the ASX is increasing as traders return from the break.
Atlas has traded $6 million worth of shares in the first two hours of 2018.
The offtake agreement provides revenues during commissioning and ramp up phase.
The deal will underpin stage 2 expansion of the Pilgangoora Lithium-Tantalum Project.
This represents the final major environmental approval required to complete construction.
One of the largest tungsten resource inventories held by an ASX-listed company.
China is planning to eventually have only electric vehicles.
The halt will remain in place until Monday 2nd October 2017.
The company has appointed highly experienced mining executive Dale Henderson.
The Western Australia government will contribute $61,000 to De Grey’s program.
The merger of the two companies will bring economies of scale.
The $15 million SPP follows a recent $80 million successful placement.
$210+ million raised this month from debt and equity funding.
The company is looking to raise a total of A$77 million.
The project contains 4.83 million tonnes of lithium carbonate equivalent.
An initial mining study has already valued Wolfsberg at US$94.8 million.
Offtake commitments secured for 100% of the mine’s stage 1 production.
The halt will remain in place until Tuesday 2nd May 2017.
High priced lithium contracts bode well for Sayona's Authier project.
The company has settled litigation with Li Technology Pty Ltd.
Pilbara Minerals (ASX:PLS) has increased its global lithium resource by 22% to 156.3 million tonnes grading 1.25% lithium oxide, 128 ppm tantalum pentoxide and 0.61% iron oxide at the 100%-owned Pilgangoora Tantalum-Lithium Project in Weste
Operations at ANSTO have demonstrated the production of battery grade lithium carbonate.
Initial mapping and sampling programs have commenced.
Lithium Australia NL has had its trademark application for LieNA™ accepted for registration.
Lithium Australia NL (ASX:LIT) has provided an update on the Sileach™ spodumene pilot plant commissioning on Pilbara Minerals (ASX:PLS) concentrates.
Lithium Australia (ASX:LIT) commenced just under a week ago a 24 hour commissioning run of the Sileach™ pilot plant for the processing of spodumene concentrates supplied by Pilbara Minerals (ASX:PLS).
Highlights include rock chip samples up to 2.13% lithium
De Grey Mining (ASX:DEG) has received encouraging initial assay results from the first 21 holes of a 64 hole drilling program at the Mt Berghaus prospect at its Turner River Project.
Lithium Australia NL (ASX:LIT) is re-commencing pilot testing at ANSTO Minerals (a division of the Australian Nuclear Science and Technology Organisation).
Pilbara Minerals (ASX:PLS) has reached an agreement on the Native Title Agreement for its Pilgangoora Lithium-Tantalum Project, located near Port Hedland in Western Australia.
Pilbara Minerals (ASX:PLS) has completed the acquisition of the Lynas Find Lithium Project, which directly adjoins its flagship Pilgangoora Lithium-Tantalum Project.
Pilbara Minerals Ltd (ASX:PLS) has commenced site development activities at its flagship 100% owned Pilgangoora lithium-tantalum project in the Pilbara region of Western Australia.
Ken Brinsden, managing director and CEO, said the completion of the sterilisation and strategic drilling program marked the end of a remarkably successful 2016.
Pilbara Minerals Ltd and Mineral Resources Ltd have both been granted trading halts.
Pilbara Minerals Ltd (ASX:PLS) has intersected wides zones of lithium from the recently commenced resource extension drilling program at its Pilgangoora Lithium-Tantalum Project.
Subject to the success of pilot testing of concentrates sourced from Pilbara’s Pilgangoora lithium project, the parties have agreed to establish the Sileach Joint Venture.
The expanding data set for the Moolyella Lithium Project provides upside potential to host significant lithium bearing pegmatites and the lithium grades recorded and similar geological and mineralogical characteristics to the discoveries in
Lithium Power International has positioned itself as a frontrunner in the race to meet increasing future demand for lithium driven by technologies used in the daily lives of people around the world. Lithium Power’s CEO, Martin Holland