St George Mining's share price leapt over 50 per cent in intraday trading today following news the typically nickel explorer had snared a raft of high-grade lithium bearing rock chips at its Mt Alexander project near Leonora in WA. Analysis of its first batch of 10 samples returned grades as high as 2.72 per cent lithium oxide and the boundary of the site's outcropping pegmatites has now grown by up to 1.7km.
Aruma Resources has kicked off a second phase drilling campaign of up to 1800m over 12 holes at the company's Mt Deans lithium and rubidium project 120km south of Kalgoorlie in WA. The drill holes will pierce down to depths as low as 120m in a follow-up program to first phase drilling and recent rock chip sampling that returned high-grade lithium and rubidium results. Aruma anticipates its work to be completed in mid-October with results to be released in due course.
Our board moves wrap includes Andrew Tunks, David Wheeler, Joe Graziano, Edmond Edwards, Matthew Edmondson, Nick Longmire, Suzanne Irwin, and Adrienne Parker.
Geologist and mining executive Craig Williams, who led the rise of Equinox Minerals to a $US7 billion success story, has announced he is retiring from all boards of ASX companies.
Liontown Resources has appointed Lycopodium to build its proposed Kathleen Valley lithium project for $35 million after reaching a final investment decision last month.
Our board moves wrap includes MingYan Wang, Amanda Buckingham, Vivienne Powe, Simon Coxhell, Geoff Ward, Glenn Corrie, Steven Chadwick, Shane Sadleir, and Ralph Winter.
Liontown Resources will push ahead with its proposed Kathleen Valley lithium project after tying up its third and final offtake deal and a $300 million debt facility with Ford.
Zero carbon lithium aspirant Vulcan Energy has won backing from multinational automaker Stellantis, taking up $76 million worth of stock to become its second-largest shareholder.
The Australian sharemarket fell as much as 5.3 per cent at the opening on Tuesday after big sell-offs on overseas markets, with the benchmark US indice down 21 per cent from its peak.
A correction in the lithium market turned into a rout today, with Pilbara Minerals and Liontown Resources leading the fall after two bearish research reports.
Arafura Resources shares are trading higher on the back of a new potential seven-year offtake deal with South Korean-based automotive business Hyundai.
Our board moves wrap includes Neil Inwood, John Welborn, Justin Reid, Charles Lepani, Shane McLeay, Aaron Treyvaud, Jeff McGlinn, John Boland, and David Ledger.
The state government has been criticised for continuing to approve a large number of section 18 applications under the Aboriginal Heritage Act – the same mechanism that led to the Juukan Gorge controversy.
Liontown has found its first binding offtake partner in South Korean battery giant LG Energy Solution, who is lined up to acquire one third of Kathleen Valley's start-up production capacity.
Engineering contractor Monadelphous Group has been cut from the ASX200 in an S&P Dow Jones rebalance, while a new discovery propels Liontown to the top end of the market.
Budding lithium player Liontown Resources has unveiled a big share placement to fund its planned mine, with the deal also marking the first WA transaction for investment bank Barrenjoey.
Multi-billion-dollar lithium play Liontown Resources has sought to quell media speculation surrounding a potential equity raising for its tier-one Kathleen Valley project.
Liontown Resources has detailed plans for what it claims will be one of the biggest lithium mines in the world, revealing a 23-year operation at Kathleen Valley in the Goldfields.
Our board moves wrap includes Heather Zampatti, Paul Everingham, Andrew Milner, Barnaby Egerton-Warburton, Jenn Morris, Matthew Worner, Paul Graham-Clarke, Amber Banfield, and Ian Murray.
Red 5 has reversed the operating strategy for its Darlot and King of the Hills mines in WA, while fellow goldminer Ramelius Resources also unveiled a new production plan.
Lithium company Liontown Resources is undertaking a $50 million capital raising, with the funds expected to help accelerate the progression of its Kathleen Valley project.
Tim Goyder-chaired Liontown Resources has recruited BHP executive Tony Ottaviano to lead the company in its transition from lithium explorer to developer.
Veteran mining entrepreneur Tim Goyder has emerged as one of Western Australia's wealthiest company directors, after the spectacular success of Chalice Mining this year.
