GOLD
Bluebird Merchant Ventures Ltd Signs USD 5 Million Farm-Out Agreement for Gubong Gold Project in South Korea
Bluebird Merchant Ventures Ltd. announced that it has signed a USD 5 million Farm-out Agreement for its high grade Gubong Gold Project in South Korea. Details: Gubong is the larger of two 100% owned gold mining projects in South...
IRON ORE AND MANGANESE
Standard Lithium partners with Equinor for development of sustainable lithium projects
Standard Lithium Ltd., a leading near-commercial lithium development company, has announced the closing of a landmark strategic partnership with Equinor ASA, a multinational energy company and recognised leader in renewables and low-carbon solutions. The partnership aims to accelerate the development...
COAL
Coal India and NMDC on global hunt for lithium mines
Indian state-run mining companies Coal India and National Mineral Development (NMDC) are exploring lithium mine opportunities overseas, citing Indian Mines Secretary V L Kantha Rao.
This search extends to Chile and Australia, with the aim of bolstering India's mineral reserves. The...
IRON ORE AND MANGANESE
US, Canada co-invest in Fortune Minerals, Lomiko projects
Fortune Minerals has secured a $6.3m (£8.59m) grant from the US Department of Defense (DoD) to enhance cobalt production capabilities in North America.
The funding, part of the Defense Production Act (DPA) Title III programme, is aimed at advancing the...
News
Australia’s Loyal Lithium raises funds for Quebec lithium project
Australian Securities Exchange (ASX)-listed Loyal Lithium (LLI) has raised A$3.3m ($2.1m) through a share placement, involving the issuance of 7,345,744 new shares.
The shares were priced at A$0.45 each, marking a 73% premium over the company’s 15-day VWAP of A$0.26. LLI...
GOLD
Miramar secures Eastern Goldfields exploration licence
Australian Securities Exchange (ASX)-listed Miramar has expanded its Eastern Goldfields tenement portfolio with an exclusive option to purchase an exploration licence application in Western Australia (WA).
Miramar aims to acquire licence E25/654, located around 90km east of Kalgoorlie, from Debnal,...
News
FIRB approves Maximus JV with KOMIR for Lefroy lithium project
Maximus Resources has confirmed that the Australian Foreign Investment Review Board (FIRB) granted a no objection notification for the proposed joint venture (JV) with Korea Mine Rehabilitation and Mineral Resources (KOMIR).
The FIRB’s no objection notification was issued without conditions...
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