FN Media Group News Commentary – An article from REUTERS on the Uranium markets earlier this year painted a prosperous picture for the global Uranium. The report said: ‘Investment banks Goldman Sachs and Macquarie as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium…
Mandrake Resources Limited (ASX: MAN) (Mandrake or the Company) advises that next- generation Direct Lithium Extraction (DLE) and Refining provider ElectraLith Pty Ltd (ElectraLith) has produced 99.9% pure battery grade Lithium Hydroxide directly from Mandrake’s 100%-owned flagship 93,755 acre (~379km2) Utah Lithium Project brines. Highlights Rio Tinto-backed Direct Lithium Extraction…
To start, he noted that the buying that took gold to the US$2,050 or US$2,100 level was largely high-quality purchases from central banks, which have been adding the yellow metal to their coffers at a strong pace. ‘Central bank buying is quality because it’s unlikely to be sold if there’s…
Boss Energy Limited (ASX: BOE; OTCQX: BQSSF) is pleased to advise that the commissioning process at its Honeymoon uranium project is proceeding to plan, with key metrics exceeding feasibility study forecasts. Highlights Commissioning process advancing well, with key metrics ahead of feasibility study (FS) estimates, including:Wellfields averaging 80 – 100mg/L…
Metals Australia Ltd (ASX: MLS) is pleased to announce a series of major project study agreements have been awarded to advance development of the Company’s flagship Lac Rainy high-grade flake- graphite project in the Tier 1 mining jurisdiction of Quebec, Canada (see Figure 1). The various study agreements approved and…
Rio Silver Inc. (‘Rio Silver’ or the ‘Company’) (TSX.V: RYO) is pleased to announce it has initiated an Environmental Impact Study, a component of the permitting application currently underway in support of a planned diamond drilling campaign, at the wholly owned Jorimina Gold Silver Project scheduled for Q3, 2024. Ecosoul…
In his view, gold’s move back below the US$2,400 per ounce level is completely normal — Hemke noted that nothing ever goes straight up, and emphasized that a ‘two steps forward, one step back’ pattern is healthy. With that said, he does see strong upside potential for the precious metal…
The cobalt market put on a mixed performance in the first quarter of 2024 as metal prices stalled and contracted, while sulfate and hydroxide values increased. The sector is divided into three segments. Cobalt metal is used as an alloy to strengthen and harden, while cobalt hydroxide is used in…
Global vanadium-producing countries have benefited from infrastructure spending in China in recent years. However, in 2024 and beyond, the market is likely to be driven by demand related to energy storage as well. While vanadium consumption has softened in recent months, there is still plenty of optimism that the market’s…
Element 25 Limited (E25 or Company) (ASX: E25; OTCQX: ELMTF) is pleased to advise it has entered into a binding term sheet (TS) with Veolia North America (Veolia) to secure a site for E25’s planned high-purity manganese sulphate monohydrate (HPMSM) refinery in Louisiana, USA (Project). HIGHLIGHTS The greenfield site in…