Atlantic Lithium Ltd (AIM:ALL, OTCQX:ALLIF, ASX:A11) said it has raised A$8 million (£4.2 million) with a placing to help fund work at its Ewoyaa lithium project in Ghana.
The shares were issued at a price of A$0.44 (23.35p), versus the last close at 49 cents and 25.10p.
Nextsource Materials Inc. (TSX:NEXT, OTCQB:NSRCF) has released the results of a feasibility study that demonstrate the favourability of proceeding with the next stage of expansion at the Molo graphite mine and production facility in Madagascar.
The plan is to boost steady-state production of 150,000 tonnes of graphite concentrate per year.
Liberum has reiterated its 'buy' rating on Atlantic Lithium Ltd (AIM:ALL, OTCQX:ALLIF, ASX:A11) stock after the group unveiled a maiden JORC 2012-compliant feldspar resource estimate at its Ewoyaa spodumene lithium project in Ghana.
The estimate stands at 15.7 million tonnes at a concentration of 40.2% feldspar.
Greatland Gold PLC (AIM:GGP, OTC:GRLGF) said it has identified another potential anomaly from the latest drilling and geophysical results at Scallywag, adjacent to its Havieron development in Paterson, Western Australia..
Magnetic tests highlighted the conductor at depth within a syncline fold structure along the mineralised trend from Havieron.
Atlantic Lithium Ltd (AIM:ALL, OTCQX:ALLIF, ASX:A11) said its Ewoyaa lithium project in Ghana also has almost 14 million tonnes of feldspar that might prove to be a valuable by-product.
An initial mineral resource for Ewoyaa’s feldspar showed a JORC-compliant resource of 15.7 million tonnes at a 40% grade, of which 13.7 million tonnes, or 87%, were in the measured and indicated categories.
Gold, copper, and silver producer Anglo Asian Mining PLC (AIM:AAZ, OTC:AGXKF) has announced the arrival of a cutting-edge Caterpillar underground mining fleet at its Gedabek mine site in Azerbaijan.
This development marks a milestone as the first deployment of such equipment in the country, and it is notably backed by substantial vendor financing from Caterpillar - another first in the region.
Condor Gold PLC (AIM:CNR, TSX:COG, OTC:CNDGF) has raised £1.85 million through the issue of equity, selling 5.67 million shares priced at 15p each.
It follows a prior raise, announced last week, in which the company received a £1 million investment from a major shareholder, Galloway Limited, via warrant exercise.
Macto news continues to dominate the agenda in the early part of the week with US inflation the top item tomorrow.
If nothing else, it should be a good indicator for the Fed's interest rate mood on Wednesday.
Anglo Asian Mining has published a maiden resource estimate for its Gilar deposit in Azerbaijan of 6.10 million tonnes of mineralisation with average grades of 0.88% copper and 1.30g/t gold.
In-situ mineral resources therefore are 54,000 tonnes of copper, 255,000 ounces of gold and 46,000 tonnes of zinc.