Tuesday, 18 January, 2005 - 21:00
Tawana Resources Ltd
Tawana Resources Ltd10-Jan-05
Tawana Resources NL was a resources-focused ASX and JSE-listed company. Tawana had rights through earnings or option agreements to lithium projects in Western Australia and Namibia. Its principal projects included the Bald Hill Lithium & Tantalum Mine and the adjacent Cowan Lithium Project (both located in Western Australia), and the giant Uis pegmatite stockpiles in Namibia. The Company also owned the Mofe Creek project, an iron ore project in Liberia, West Africa.
In December 2018, Alliance Mineral Assets merged with joint venture partner Tawana Resources. Alliance Mineral Assets now owns 100% of the Bald Hill spodumene mine.
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Subiaco-based Gryphon Minerals has reached a deal to take a 15 per cent stake in Victorian-based Tawana Resources, which has a number of mineral permit applications in West Africa.
The falling gold price is continuing to hit Western Australia’s resources sector, with Saracen Minerals today joining a string of companies to cancel projects, slash costs and launch strategic reviews.
Western Australian iron ore junior Crusader has announced a cost-cutting program aimed at reducing overheads in the wake of tougher market conditions.
It’s an old adage that some of the biggest fortunes have been made when business conditions are at their toughest.
Shares in Tawana Resources have soared on the back of news the junior miner plans to raise $2.9 million through a share placement.
Shares in Perth-based explorer Tawana Resources are trading lower after the company announced it has raised $5 million through a discounted share placement.
Michael Bohm will be joining the board of Tawana Resources as a non-executive director from the month of August. Mr Bohm presently sits on the boards of Ramelius Resources and Perseus Mining.
Shares in Tawana Resources were up 84 per cent today as the company moved focus from iron ore to lithium, while three more Western Australian companies announced new moves in the lithium sector as keen market interest in the metal continues.
Galaxy Resources has more than doubled the forecast profitability of its proposed Sal De Vida lithium mine, in an updated definitive feasibility statement released today.
Local gold and lithium explorer Berkut Minerals has enjoyed steady gains on its first day of trading on the ASX after completing a $3.5 million initial public offering.
Four Perth-based mining companies have today announced plans to raise capital, with Doray Minerals leading the change with confirmation of a $24.9 million placement.
Aspiring lithium miner Tawana Resources has raised $15 million from investors to fund ongoing development of its Bald Hill project in the Goldfields, a day after signing a $25 million offtake deal for the operation.
Three contractors have won work for Altura Mining’s planned $140 million Pilgangoora lithium mine, as the company continues work to secure debt financing for the project.
Local contractor Primero Group is set to win its third major contract on a mining project this year while RCR Tomlinson has geared up to supply Rio Tinto’s new iron ore mine.
SPECIAL REPORT: Backdoor-listed technology businesses and mining hopefuls have joined the state’s top performers in financial year 2016 in Business News’s annual analysis of total shareholder returns.
Aspiring lithium miner Tawana Resources has confirmed the award of a $30 million engineering procurement and construction contract to Primero Group for its Bald Hill project in the Goldfields.
SPECIAL REPORT: Ten lithium projects under construction or in advanced planning to bring new lithium supply onto the market will dramatically boost exports of the commodity in coming years.
Lithium explorer Tawana Resources has attracted a $25 million funding package with one of its offtake partners, as it works towards first production at its Bald Hill project in the Goldfields by early next year.
CFC Group subsidiary Cape has become the latest business to win work from the the state’s growing lithium sector, sealing a four-year contract for crushing services at Bald Hill.
Osborne Park-based Tawana Resources has secured an offtake agreement for tantalum at its joint venture Bald Hill project, located south of Kambalda.
Lithium hopeful Tawana Resources has commenced commissioning of the Bald Hill mine.
International investors are rotating their funds into commodities such as industrial metals, which could be good news for WA, and Kalgoorlie in particular.
Tawana Resources has opened the state’s fifth lithium operation, with the ASX-listed company announcing today that production has started at its jointly owned Bald Hill project in the eastern Goldfields.
Pacific Energy has strengthened its position in the remote power market by striking a deal to acquired Kewdale-based Contract Power Group for $90 million in cash and shares, adding to its existing operations through subsidiary Kalgoorlie Power Systems.
Graphex Mining is pleased to advise that it has received subscriptions to purchase 8,750,000 fully paid ordinary shares at $0.28 cents per share to raise $2.45 million through a placement to professional and sophisticated investors.
Lithium producer Tawana Resources has announced plans to merge with its Bald Hill project joint venture partner, Singapore-listed Alliance Minerals Assets, to form a $446 million company.
Westgold Resources Limited is pleased to advise that completion of the sale of the South Kalgoorlie Operations (SKO) to Northern Star Resources Limited as announced on 8 March 2018 occurred on 29 March 2018.
The opening of Altura Mining’s Pilgangoora operation last week provides a good opportunity to evaluate the state of the local lithium industry.
Lithium producer Tawana Resources has secured a $40 million funding package with a consortium led by Tribeca Investment Partners, with its planned merger with joint venture partner Alliance Mineral Assets expected to be completed in November.
Lithium producer Pilbara Minerals has resolved to approve the stage two expansion at its Pilgangoora mine once all necessary approvals and funding have been secured.
A summary table of the insolvency notices published by ASIC in the past fortnight that related to 38 WA-incorporated companies.
There have been 16 insolvency appointments to Western-Australian-incorporated companies in the last two weeks.
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