Toro Energy has kicked off its Lake Maitland extension study, which will also include uranium-vanadium ore from its Lake Way and Centipede-Millipede deposits that sit some 30km south-east of Wiluna in Western Australia. The company's new assessment is aimed at adding considerable value to its original scoping study that forecast an annual EBITDA of $101 million during a 17.5-year mine life.
Shares in Galan Lithium surged 30 per cent higher during intraday trading following a game-changing increase of more than 150 per cent to the mineral resource of its flagship Hombre Muerto West project in Argentina. The revised estimate now tips the scales at 5.8 million tonnes of contained lithium carbonate equivalent grading 866 milligrams per litre - a staggering 2.5 times increase from the previous figure.
Mineral sands company Strandline Resources is raising $6.5 million through a share placement and fully-underwritten rights issue to accelerate work at its flagship Coburn project in Western Australia.
Mont Royal Resources has become just the second Western Australian exploration company to list on the ASX this year, with the help of high-profile directors and ‘family office' investors.
Golden Mile Resources has wrapped up its first day of trading on the ASX, after raising $4.5 million from investors through an initial public offering.
Matthew Painter has been appointed as a principal consultant to the Perth office of SRK Consulting. Most recently, Mr Painter worked in Namibia as the exploration manager for Sabre Resources.
SRK Consulting and the Australian Nuclear Science and Technology Organisation have signed an agreement for the transfer of ANSTO's sulfidic mine materials business to SRK.
SRK Consulting is continuing its Perth expansion.
The international services firm, which has established itself in mining services in WA, has recently moved offices in West Perth to accommodate significant growth during last year.
