Company
Savannah Resources PLC
LON:SAV
Savannah Resources PLC is the owner of the Barroso Lithium Project, located close to key infrastructure in Northern Portugal which contains the most significant spodumene lithium resource in Western Europe. Following a positive scoping study that outlined a conventional operation producing 175,000t of spodumene concentrate per annum, Savannah is progressing with the development and environmental licencing of the Barroso Lithium Project. A definitive feasibility study is underway, and Portugal’s environmental regulator is evaluating Savannah’s Environmental Impact Assessment study on the project.
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Savannah Resources strengthens board with Portuguese business heavyweight
Chairman Matthew King said Diogo da Silveira's expertise in the primary industry sector and in the energy transition sector would be particularly useful
Savannah Resources sells last remaining Mozambique-based mining concession to MRG Metals
Binding US$800,000 agreement was signed via subsidiary AME East Africa Limited
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Savannah Resources well cashed up at end of first half as progress with Barroso continues
Constructive dialogue with Portuguese regulators is underway, with the initiation of a DFS now on the horizon
Savannah Resources ‘undervalued’ as it awaits mine permitting in Portugal, says WH Ireland
Projects like Savannah's Barroso project can help bridge the lithium gap in Europe, the City broker believes
Savannah Resources updates investors as environment review continues for Barroso
Further meetings are being scheduled to address a few remaining aspects of the project which the regulator would like to see revised
Savannah Resources included in legal action over land deal at Barroso
Vendors sold land to Savannah they did not own, claim plaintiffs
Savannah Resources faces new environmental licensing stage for Barroso project; CEO leaves
"While this additional stage in the environmental licensing of the project adds to the overall development schedule, it does have a clearly defined timeline in law," said interim chief executive Dale Ferguson
Savannah Resources takes another key step in Barroso lithium development with positive locked cycle testing
"We are very pleased with the results," said chief executive David Archer
Savannah Resources keen to make progress at Barroso lithium project
Barroso is Europe's most significant lithium spodumene deposit
Savannah Resources announces board changes
The company announced two retirements alongside the board appointments
Savannah Resources focused on Barroso environmental approval
A Definitive Feasibility Study should be completed within 12 months of approval of the EIA
Savannah Resources set to team up with ABB as it aims for zero-emission lithium mining in Portugal
"ABB is at the forefront of the automation and electrification we require for our decarbonisation journey," said Savannah CEO David Archer
Savannah Resources initiates decarbonisation strategy for Barroso lithium project
Barroso contains the most significant spodumene lithium resource in Western Europe
Savannah Resources finalises project flowsheet for Barroso, ahead of full DFS
Mina do Barroso is one of Europe's largest lithium development projects
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Oriole Resources (LON:ORR) – 0.34p, Mkt cap £6.8m – Appointment of non-executive Chair Oriole Resources reports the appointment of Eileen Carr to chair the company following the decision of the exiting incumbent, John McGloin, to relinquish
Savannah Resources says it will challenge claim against lithium subsidiary
“The litigation neither impacts the Barroso Lithium Project's activities nor the current environmental impact assessment process which is moving to a conclusion," Savannah said.
Savannah Resources exits Rio Tinto joint venture to focus on lithium
Rio is paying Savannah US$9.5mln cash for its half share in the Mutamba project
Savannah Resources welcomes mining industry emission targets
“Savannah hopes to achieve the same goals but during the operation of its Barroso lithium Project in the 2020s and 2030s"
Savannah Resources joins newly formed International Lithium Association
Savannah is developing one of Europe's largest lithium projects
Savannah Resources appoints strategic financing executive, senior investor relations executive
Spodumene is the most abundant lithium-bearing mineral found in economic deposits
Savannah Resources joins environmental group Business Council for Sustainable Development Portugal
BCSD Portugal is a non-profit association that brings together and helps private and public sector companies that are actively committed to the transition to sustainability
Savannah Resources says well placed to continue work at Mina do Barroso lithium project
A definitive feasibility study on Mina do Barroso is now expected to be completed in 2022
Lithium’s coming home: the junior miners set to benefit from increasing resource nationalism
Supply chains are more vulnerable now than ever, and governments are getting twitchy
Savannah Resources chairman highlights company's strong position into second half of 2021
Matthew King highlighted that the company is seeing “increasing” commercial interest in its Mina do Barroso lithium project in Portugal as spodumene prices increased
Savannah Resources joins newly established body to boost Portugal's battery value chain
Savannah is seeking to become Europe's most significant producer of spodumene lithium concentrate from its Mina do Barroso project in Portugal
Savannah Resources narrows full-year losses, sees 'very promising' outlook
Savannah is looking to increase its exposure to lithium
Savannah Resources reports growing interest for offtake deals, investment in Mina do Barroso lithium project
Lithium is a key component in electric vehicle batteries
Savannah Resources develops new system to help implement its ESG commitments
The ESMS will be aligned with internationally recognised ESG standards
Savannah Resources says EIA for Mina do Barroso Lithium Project is ready for public consultation
Subject to the results of the EIA, construction is targeted to commence in 2022 with commercial production in 2023
Savannah Resources’ Mina do Barroso lithium project is right commodity at right time, says broker
"The lithium price has performed extremely well in recent weeks," said analyst Charlie Long
Savannah Resources raises £10.3mln to help develop Mina do Barroso lithium project in Portugal
“The global lithium industry is experiencing a period of strong recovery after a two-year period of falling prices," said chief executive David Archer
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Savannah Resources updates on progress of environmental impact assessment for Mina do Barroso project
The company said the Portuguese environmental regulator, Agência Portuguesa do Ambiente, has said the EIA conforms with content requirements, which it said is a “major milestone” on the project's road to production
Savannah Resources upbeat on metallurgical test work programme at Mina do Barroso lithium project
"These initial results from the latest phase of the Mina do Barroso metallurgical test work programme are very encouraging," said Savannah's chief executive David Archer
Savannah Resources set for significant role in Europe’s green revolution
Savannah Resources is advancing a sizeable lithium project in Portugal
Savannah Resources focused on two key assets in critical commodities
The firm’s portfolio encompasses assets with near-term production potential and longer-term development opportunities
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Savannah Resources set to team up with Galp for Portuguese lithium project
We are delighted to announce Galp as a potential investor and future strategic partner in our Portuguese project," said chief executive David Archer
Savannah Resources takes another step on the path to regulatory approval at Mina do Barroso
The company has submitted additional and revised information in response to the anticipated request it received from Agência Portuguesa do Ambiente, the Portuguese regulatory body
Savannah completes sale of Oman copper projects
The focus will henceforth be on lithium in Portugal and mineral sands in Mozambique
Savannah Resources focused on ensuring it benefits from "green" recovery packages
The growth of the green economy, in which Savannah believes it can play a significant part, is being mirrored by the rise of environmental, social and governance considerations by investors
Savannah Resources appoints Farview Solutions as Strategic Adviser to help guide development path for Mutamba Mineral Sands Project
Mutamba, located in Mozambique, contains one of the world's largest undeveloped mineral sands deposits comprising an Indicated and Inferred Mineral Resource of 4.4 billion tons
Savannah Resources raises £2.34mln to support continuing workstreams at Mina do Barroso
Savannah has a diverse portfolio of assets across multiple jurisdictions
Savannah Resources agrees Oman copper divestment deal
“The divestment allows us to retain exposure to the upside of the projects through the shareholding in Force, together with a loan and royalty payable when the projects go into production”
Savannah Resources' Mina Do Barroso project underpinned by strategic importance, says broker
Lithium chemicals are in demand by Europe’s fast-growing battery manufacturing sector, said finnCap.
Savannah Resources says report into the potential economic impacts of the Mina do Barroso Lithium Project now uploaded to its website
David Archer, Savannah's chief executive officer commented: "We are happy to share the Report completed by Professors Cerejeira and Carballo-Cruz from the University of Minho. We believe their excellent work brings further clarification reg
Savannah Resources says report shows Mina do Barroso lithium project set to provide big boost to Portugal’s economy
Savannah's project is one of the largest of its kind in Europe
Savannah Resources confident on lithium quality at Mina do Barroso after latest testwork
“These latest results give a further clear indication that battery-grade lithium chemicals can be produced efficiently from Mina do Barroso concentrate"
Savannah Resources making excellent progress in offtake process
Securing an offtake deal in this arena is among management’s priorities, along with project financing and mine permitting.
Savannah Resources submits environmental impact assessment for Mina do Barroso lithium project
The Portuguese lithium project is entering a key phase in the permitting and pre-development process, and the group is advancing towards a definitive feasibility study
Savannah Resources inks agreement with EIT InnoEnergy ahead of project financing
"Savannah is one of the first lithium raw material development companies in Europe to secure an agreement with EIT InnoEnergy," said chief executive David Archer
Savannah Resources continuing with many key activities, in spite of coronavirus disruption
Chief executive David Archer said Savannah operatives routinely work remotely in the normal course of business
Savannah Resources in talks over offtake deal for Mina do Barosso
In the meantime, Savannah will focus on completing the pre-development phase of the lithium project
Savannah Resources completes mining licences for Mozambique heavy minerals venture with Rio Tinto
Chief executive David Archer said Savannah has now achieved one of the most important milestones towards mine development
Savannah Resources and Rio Tinto JV win second licence for heavy minerals project
Mutumba's indicated and inferred resource of 4.4bn tonnes grading 3.9% total heavy minerals makes it “one of the most attractive undeveloped mineral sands deposits in the world”
Savannah Resources secures mining permit for the Mutamba mineral sands project in Mozambique
The licence is the first of three that will allow the exploitation of a "globally relevant" resource
Savannah Resources to sponsor FST Lisboa, a team of engineering students building lithium-ion battery-powered formula race cars
FST Lisboa includes a team of 43 engineering students, working towards developing their next-generation electric vehicle (EV) prototypes
Savannah Resources granted third concession at the Mutamba mineral sands project in Mozambique
Once the administrative boxes are ticked, Savannah will move Mutamba on to the PFS stage
Savannah Resources pleased with metallurgy outcomes at Portuguese lithium project
The current work resulted in low levels of the iron, potassium and sodium making for a very saleable concentrate
Analysing Savannah Resources' metallurgical results from Portugal - it's worth digging a little deeper
These metallurgical results have proven to be anything but boring
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Savannah Resources completes £5mln fundraising as major shareholder buys in
The proceeds will be used primarily to complete the definitive feasibility study on its Mina do Barroso lithium spodumene project in Northern Portugal
Savannah firmly focused on delivering Mina do Barroso study by next June
There remains more work to do to complete the DFS. This has been brought about by the discovery and subsequent delineation of new orebodies.
Savannah Resources identifies substantial quantities of industrial minerals at Mina do Barroso
These can be recovered and sold to local ceramic and glass companies, said the AIM-listed explorer.
Savannah Resources raises funds to complete its Mina do Barroso DFS
Al Marjan, the company's largest shareholder, will hold 20.7% of the company's enlarged share capital after subscribing for £1.2mln in shares at the placing price.
Savannah Resources lands mining concessions for Mutamba heavy minerals project
It moves Mutamba closer to key project development milestones.
Savannah Resources demonstrates the viability of feldspar and quartz as co-products at the Mino do Barroso lithium project
The sale of the by-products could end up significantly reducing costs
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Savannah Resources awarded mining permits for two deposits in Oman
“[The] award of the mining licences we have applied for in Oman would help to provide greater clarity on these projects for all stakeholders," said Archer. "Mahab 4 and Maqail South are examples of the type of high-grade copper deposits tha
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Savannah Resources takes up option on Aldeia lithium prospect in Portugal
The Aldeia mining lease application consists of three blocks located adjacent to Mina do Barroso
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Savannah Resources takes full control at Mina Do Barroso in Portugal
Partner Slipstream Resources has swapped a 25% direct interest in the project for shares in Savannah, which will increase its stake in the junior to 16% from 5.1%
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‘House’ broker finnCap hikes target for Savannah Resources to 23p from 22p after recent resource update
"Savannah Resources offers exposure to a diversified portfolio of mining assets including lithium in Portugal, heavy mineral sands in Mozambique and copper in Oman," finnCap's analysts said
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