In this week's edition of Bulls N' Bears Big Hits, we examine some of the more curious drill intersections revealed on the ASX, including Culpeo Minerals' biggest-ever run of 298m at 0.98 per cent copper equivalent from 90m downhole. We also take a close look at other notable drill hits last week from Wildcat Resources, Spartan Resources and Terra Metals.
New financial reports show a handful of Aboriginal groups gaining more income from mining royalties but others going backwards, while the sector as a whole remains the poor cousin.
Battery metals miner Pilbara Minerals said it recorded an uptick in spodumene prices towards the end of the March quarter, while pricing adjustments dented its cash stockpile.
West Perth company Pilbara Minerals and China-based Ganfeng have signed a deal to do a joint study over a 32 thousand tonnes per annum lithium conversion plant.
Lithium miner Pilbara Minerals has notched a new offtake agreement with a Chinese buyer for spodumene concentrate from its flagship Pilgangoora operation.
A delegation including Tesla, Forrest empire nickel business Wyloo Metals and lithium producer Pilbara Minerals has met with the federal government over a battery metals production tax credit.
Shares in Pilbara Minerals rose to $3.62 on Wednesday morning, following news the company has extended its offtake agreement with China-based Chengxin Lithium.
Askari Metals has secured two additional exploration concessions at its Yarrie lithium project in the prolific Pilbara region of Western Australia – and in proximity to Pilbara Minerals' globally-renowned Pilgangoora lithium resource. The company says the acquisitions represent a significant milestone and it now plans to launch further exploration works at what it describes as a “highly-anticipated” project.
Mark Beyer and Mark Pownall discuss the battery metals shake out; Santos legal delay impacts; high energy prices; HBF cost cut; McCusker charity news, and a magazine preview.
Patriot Battery Metals chairman Ken Brinsden has been named chief executive and moved to Canada to develop the miner's lithium asset, drawing on his track record with Pilbara Minerals.
The average realised price of spodumene concentrate from Pilbara Minerals' Pilgangoora lithium project fell 50 per cent in the December quarter, but the company is optimistic about the commodity's future.
Pilbara Minerals will buy LNG from Woodside Energy's Pluto facility for five years as part of a plan to slash emissions from its flagship Pilgangoora lithium project.
Pilbara Minerals chairman Tony Kiernan will retire from the board in the new year, paving the way for former Lynas Rare Earths chair Kathleen Conlon to steer the lithium miner.
The State Government has thrown its financial grunt in behind Infinity Mining's diamond drilling program at the company's Tambourah South lithium project, with a $149,675 Exploration Incentive Scheme grant. Infinity will fund the balance of the $299,350 program, which will see the drilling of two NQ-diameter diamond holes to depths of up to 300m to evaluate the geology under the project's pegmatite swarm.
Infinity Mining's recent drilling in a big swarm of stacked Pilbara pegmatites has yielded assays of up to 2.1 per cent lithium oxide and supportive rubidium, caesium and tantalum values, with more work to come. The company says its campaign of eight reverse-circulation drillholes for 834m at its Tambourah South project in Western Australia produced several outstanding shallow lithium-caesium-tantalum intercepts.
Infinity Mining has stretched its Pilbara lithium tenure to a whopping 795sq km after securing a contiguous fourth exploration licence, adding to its strategically-located ground 30km west of Marble Bar in Western Australia. And in addition to lithium, the company says its Panorama project area is also prospective for intrusive-related nickel-copper, shear and conglomerate-hosted gold systems and volcanic-hosted massive sulphide base-metal deposits.
Western Australia's resources middle tier could be at the heart of $170 billion in GDP growth by 2040, but only if the nation acts on its critical minerals opportunities, according to PwC.
Askari Metals is building a contiguous, district-scale lithium tenure spanning 1711 square kilometres in Western Australia's East Pilbara region, 100km east/north-east of Pilbara Minerals' massive 4.75 million tonne Pilgangoora lithium-oxide resource. The infrastructure-rich area is highly prospective for LCT-bearing pegmatites and the company has three exploration licence approvals imminent. Management is now poised to activate a follow-up lithium exploration campaign.
Our board moves wrap includes Graham Ascough, Rowan Johnston, Hamish Bohannan, Andrew Bantock, Richard Clayton, Alex Eastwood, Danielle Webber, and Matthew Driscoll.
Pilbara Minerals' revenue slumped during the September quarter on the back of softer lithium prices, with short-term pricing for the hot commodity set to stay volatile in the near-term.
Big plans for expansion, a $2.2 billion profit and another dividend from Pilbara Minerals have seemingly done little for the miner's share price on results day, with next year's budget instead in the spotlight.
In this podcast Mark Beyer and Mark Pownall discuss the DomGas inquiry, PwC, Alcoa, FMG move, and results wrap up on Wesfarmers, BHP, Pilbara Minerals, Northern Star and Monadelphous.
In this podcast Mark Beyer and Mark Pownall discuss Aboriginal Cultural Heritage, planning backflip, airlines, road project delays, LNG industrial action, Hancock and more
Lithium success story Pilbara Minerals has been named 2023 Digger of the Year, as Allkem's $16 billion merger takes the Dealer guernsey and resources executive Neil Warburton wins the GJ Stokes award.
Pilbara Minerals boss and Diggers & Dealers headline act Dale Henderson recounts a bountiful year to the busy forum while awaiting clarity on the state's in-limbo Heritage Laws.
Shares in Ken Brinsden-chaired lithium aspirant Patriot Battery Metals are locked in a trading halt as the company pulls together a response to a critical short-selling report and deal speculation.
AVZ has reeled in monster lithium hits from the final 36 holes of a 53-hole resource drill-out of the Roche Dure deposit at its Manono project in the Democratic Republic of Congo. The latest results include an extraordinary 342m at 1.86 per cent lithium oxide from 208m. The remarkable ore body stretches more than 1.8km and remains open along strike and at depth.
Perth company Pilbara Minerals disclosed today it has already taken corrective action after discovering about 250 current and former staff were underpaid by up to $345,000.
