Battery metals

The long-term dynamics for lithium remain a bright light for juniors and new market entrants, despite a recent dip in pricing.

President Mnangagwa will officiate a ground-breaking ceremony for the Arcadia Lithium Project in Zimbabwe on 28 November 2018.

IronRidge Resources has raised approximately £5.4 million through a subscription for, and placing of, in aggregate, 27,022,000 new ordinary shares.

Prospect Resources has completed a DFS into the 2.4 Mtpa development of its flagship 87%-owned Arcadia Lithium Project in Zimbabwe.

Less than a week after Glencore-owned Katanga Mining announced the temporary suspension of cobalt export from its Kamoto mine, the importing or exporting of any material or production, including copper, has been suspended owing to alleged failure to declare duties on at least 6 650 t of copper.

Sovereign Metals PFS for its Malingunde project shows low capital and very low operating costs are at the bottom of the graphite supply cost-curve.

 The Democratic Republic of Congo’s state-owned mining company Gécamines says that it was not consulted on Katanga Mining’s decision to suspend cobalt sales and exports from the Kamoto Copper Company project.

Magnis Energy Technologies has appointed of Non-Executive Director, Marc Vogts, as MD. Vogts is to oversee the major growth the company expects.

Dual-listed Desert Lion Energy Inc. has secured up to $10 million in convertible note financing to facilitate the continued advancement of both organic and strategic growth initiatives as its develops itself as lithium company.

The world has been transformed by new technologies such as the internet and the blockchain, mining continues to do business slower and more expensively.