Lithium hopeful Birimian has released a pre-feasibility study on its Goulamina project in Mali, with five development scenarios that range the capex between $US87 million ($A110 million) and $US412 million ($A524 million).
Shareholders owning a combined 6.5 per cent in Birimian have called for the replacement of two directors on the lithium explorer's board, a week after a $107 million cash offer for the Perth-based company's flagship project fell through.
Subiaco-based lithium explorer Birimian has terminated a $107.5 million cash offer for its Bougouni project in Mali after the Chinese bidder failed to make a deposit in time.
Local lithium players have hit the ground running in January, with Galaxy Resources shipping its first lithium since operations restarted at its Mt Cattlin mine, and others announcing more than $110 million of new deals.
Chinese chemical company Shandong Mingrui Group will buy a lithium project in Southern Mali from ASX-listed Birimian Resources in a $107.5 million deal.
Corporate and financial communication firms, Citadel PR and Magnus Investor Relations, have entered into an agreement to combine their businesses to form a significant independent national player.
Shares and options in Perth-based gold explorer Eagle Eye Metals Ltd have debuted at a 45 per cent premium, closing at 22.5 cents and 6.5c respectively, after shares hit 23 cents on its first day of ASX trading.
Perth-based nickel and gold explorer Eagle Eye Metals Ltd aims to raise $5 million for further exploration and development of eight projects through its initial public offer.
