News Articles for Tivan

ASX listed TNG Ltd has signed a binding heads of agreement with industry-leading German technology provider Ti-Cons for the supply of a full titanium dioxide pigment production technology package for its Mount Peake vanadium-titanium-iron project in the NT. The deal paves the way for the company to commercialise its TiO2 pigment production process that it successfully developed earlier this year.

Improving market conditions have led to positive news for a number of local vanadium outfits.

ASX-listed vanadium player TNG Limited has taken another step towards development of its vanadium-titanium-iron project in the Northern Territory, securing a $10 million strategic investment deal with a leading Indian mining conglomerate. TNG sees the deal with Vimson, a family-owned Indian resources company, as another milestone on its move towards making its flagship 100 percent-owned Mount Peake Project a reality.

TNG Limited has received in-principle approval for a landmark Native Title Mining Agreement covering its Mount Peake vanadium-titanium-iron project located 230km northwest of Alice Springs in the Northern Territory. Once the agreement is executed, the company will have a clear runway to finalise financing and site-based construction activities. With the vanadium markets hotting up TNG appears to be in the right business at the right time.

Fenix Dong has been appointed executive director of Frontier Resources.

With its Mt Peake vanadium-titanium-iron project in the NT in the final stages of development planning, TNG has signed a deal with the owner of a similar looking resource in the Pilbara that could add value for both parties. TNG will team up with Todd Corporation's BBI Group to provide its processing technology at the Balla Balla resource on the Pilbara coast.

TNG has been granted environmental approval for its Mount Peake vanadium-titanium-iron project near Alice Springs in the N.T. The company is finalising its mining agreement with the Central Land Council with the project mining lease expected to be granted shortly. TNG has indicated that a final investment decision for the $853m Mount Peake project is anticipated in the middle of 2018.

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 M

Perth-based TNG Ltd has signed strategic agreements with contracting giants Clough and McMahon, bringing the exotic metals company a step closer to catapulting its Mount Peake vanadium-titanium-iron mine in the Northern Territory into production. The project is expected to spit out a staggering AU$738m a year in free cash and produce an extraordinary pre-tax NPV of AU$4.7b. TNG currently has 804m shares on issue.

TNG has signed an agreement with a jointure venture between Adelaide-based contractor McMahon Services and Clough to provide engineering and construction services at its Mount Peake vanadium project.

Perth-based TNG has commissioned Carnegie Clean Energy's subsidiary Energy Made Clean to evaluate renewable energy options to power its Mount Peake vanadium titanium project.

Todd River Resources has closed higher on its ASX debut, after spinning-out of Perth-based minerals explorer TNG and raising $6 million in an initial public offering.

TNG spin-out Todd River Resources has raised $6 million from its initial public offering ahead of its ASX debut, which could occur before the end of the month.

Fortescue Metals Group has risen into the ranks of the top 50 most valuable companies on the Australian share market thanks to soaring iron ore prices which have nearly quadrupled the miner's half-year profit and stoked investor demand.

Minerals explorer TNG has finally lodged a prospectus for the demerger of its base metals portfolio into a spin-out company, while Heron Resources and Force Commodities have both progressed their respective demergers.

Heron Resources is the latest company to announce plans to spin-out its non-core assets into a new company, following similar recent movements by Metals X, TNG and Indiana Resources.

Investor interest has swung strongly towards the resources sector this year, but opportunities remain for tech companies aiming to list on the ASX.

Minerals explorer TNG has reignited plans to form a spin-out company by demerging its base metals portfolio through a subsidiary and floating it on the ASX.

Five Perth-based junior miners and explorers have announced plans to raise a combined $29.8 million to fund ongoing work at their respective projects, with Excelsior Gold also attracting a new cornerstone investor.

Local explorer TNG has put plans to form a spin-out company by demerging its base metals portfolio on hold until market conditions improve.

Aspiring miner TNG has moved a step closer to its Mount Peake titanium-vanadium-iron project in the Northern Territory, after inking a financing agreement with Caterpillar Financial.

Renewable energy and battery storage products could shake up how things are done in WA's resources sector.

Metals explorer TNG has signed a deal with a local renewable energy group for the supply and installation of a solar power system at its flagship Mount Peake vanadium project in the Northern Territory.

Metals explorer TNG has secured a $2 million placement to progress a feasibility study on its planned Mount Peake vanadium project in the Northern Territory.

TNG has signed an agreement with two Northern Territory-based contractors to provide civil engineering and construction work at its flagship Mount Peake vanadium-titanium-iron project.

Subiaco-based minerals explorer TNG has signed an offtake agreement for vanadium from its flagship Mount Peake vanadium-titanium-iron project in the Northern Territory with South Korean-based Woojin.

Subiaco-based resource exploration company TNG has been awarded damages of $3.5 million after a court case that spanned more than a decade, but has cautioned that the impact of the "extraordinarily complex" judgement remains unclear.

Shares in Subiaco-based explorer TNG were up 20 per cent this morning, after the company announced it had signed a binding agreement with major Chinese steel-related raw material distributor Sinometal (Shanghai) Co., for its Northern Territory project.

THE head of South Korean giant Posco's recent Australian business developments, Richard Lee, is leaving the company with plans to establish himself in Perth.

Leaner times in the junior mining and exploration sector have resulted in widespread cuts to chief executive pay, but the restraint has not been shared equally across the sector, with some actually lifting salaries.

Subiaco-based metals explorer TNG has secured $5 million through a placement to fund the definitive feasibility study on its Mount Peake vanadium-titanium-iron project in the Northern Territory.

Subiaco-based explorer TNG has taken the next step towards formal agreements with South Korean steel giant POSCO over its Mount Peake vanadium project by signing a letter of intent with Global-Pacific Partners.

Subiaco-based explorer TNG has flagged a potential financing and construction deal with South Korean steel giant POSCO for its Mount Peake vanadium project.

TNG has bolstered its coffers after obtaining new funding commitments of $2.8 million, after previously battling to gain support for a share purchase plan.

Vanadium hopeful TNG has moved to cut costs, slashing all directors' fees and management salaries by between 10 and 20 per cent, and cutting five jobs in Western Australia and the Northern Territor

Vanadium hopeful TNG is seeking to raise up to $3.5 million to put towards completing a definitive feasibility study at its Mount Peake project in the Northern Territory.

The parent company of Perth business Arccon has been placed into administration, just six days after veteran engineer Robert Wilde was elected as chairman.

TNG founding managing director Neil Biddle and former PwC Perth global partner Tony Leibowitz have been appointed as non-executive directors at Sydney-based Pilbara Minerals, following the resignat

TNG founder Neil Biddle has announced he is stepping down after nearly ten years at the vanadium miner, to be replaced by FAR Limited founding chairman Michael Evans.

TNG has appointed Perth-based engineering firm Arccon Mining Services to complete a definitive feasibility study for its Mount Peake vanadium-titanium-iron project in the Northern Territory.