Company
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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In a statement clarifying the contents of an article published in the Sunday Express, the miner also stressed that it does not have a present intention to migrate from AIM and seek admission to the official list of the London Stock Exchange
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A glance at some of the day's highlights from the Proactive Investors newswire
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the top risers and fallers in London on Monday
Savannah now just needs the backing of Oman’s Public Authority of Mining after receiving the necessary letters of approval from all eight government ministries
FTSE 250 fared better though closing ahead by around 15 points at 20,800.
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A look at some of the biggest risers and fallers in London on Wednesday.
Savannah's CEO, David Archer said: "This is the second Mineral Resource Estimate upgrade we have made in the last two months, outlining our rapid development approach”
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A glance at this week’s top stories from London’s junior miners
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in London on Thursday
The AIM-listed miner said it could generate additional revenues from the sale of feldspar/quartz, used in ceramics, alongside battery-grade spodumene concentrates
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in London on Wednesday
The Mina do Barroso project continues to advance - more drilling and metalurgical results will follow, and key project studies are underway
Resource stocks suffer as US dollar makes headway on forex markets
