Latest News
Latrobe Magnesium produces world’s first batch of magnesium oxide from fly ash
Latrobe Magnesium (ASX: LMG) has completed commissioning of the first phase of its 1000-tonnes per annum Stage 1 demonstration plant in Victoria. The commissioning process enabled the company to produce the world’s first batch of environmentally-sustainable magnesium oxide from fly ash, a waste resource from brown coal power generation. All of the fly ash feed […]
Lithium Universe tests show proposed refinery can handle various spodumene types
Metallurgical testing by Lithium Universe (ASX: LU7) has shown that battery-grade lithium carbonate with greater than 99.5% purity can be produced from various types of spodumene concentrate using the design flowsheet of its proposed lithium refinery in Québec. The tests are conducted at a lithium research center within China’s Linyi University, using spodumene samples from […]
Small cap investors finally getting the returns they deserve
The last couple of years have been a tough time for those who love the challenge and potential high returns from investing in the small cap space. Even with great research in identifying terrific small companies with a great future, the share market has been rewarding size over substance, with the large cap space rising […]
Market wrap: strong end to the week as energy shines
Australia’s share market ended the week on a high after gaining in four of the five trading days with energy stocks the hero, rising on the back of higher oil prices and optimism about a continuing economic recovery in China. By the end of trade for the week the ASX 200 had risen 0.4% or […]
RareX clears key environmental study hurdle at Cummins Range rare earths project
RareX (ASX: REE) has completed key environmental baseline studies as it progresses its 100%-owned Cummins Range rare earths and phosphate project in the Kimberley region of Western Australia. With support from environmental consultants, including MBS Environmental and Rapallo Environmental, RareX has completed the key work required for meaningful engagement with environmental permitting agencies. Importantly, the […]
Aurum Resources reports new shallow and wide gold intercepts from Boundiali’s BD Target 1
Aurum Resources (ASX: AUE) has reported further shallow and wide gold intercepts from diamond holes at the BD Target 1 prospect as part of ongoing drilling at the Boundiali project in Côte d’Ivoire. Assays from scout and step-back diamond drilling of four holes for a total of 940.5 metres returned best hits of 59m at […]
State Gas receives $5.5m boost from Queensland government for Rolleston West CSG project
State Gas (ASX: GAS) has received a major boost to its development plans for the Rolleston West coal seam gas (CSG) project with the Queensland government awarding the company a $5.5 million exploration grant. Funded through the government’s Frontier Gas Exploration Program, State Gas intends to use the grant to further delineate gas resources and […]
Alliance Nickel’s NiWest granted federal government major project status
Alliance Nickel (ASX: AXN) has welcomed the granting by the Australian government of major project status (MPS) for its NiWest nickel-cobalt project in Western Australia. Along with the prestige of being designated an MPS, the award assists developers in gaining government support for projects identified as strategically significant with the potential to contribute to the […]
Caprice Resources to acquire large Bantam project in prolific West Arunta region of WA
Caprice Resources (ASX: CRS) has signed a binding option agreement with private company HJH Nominees to acquire 90% of the Bantam project in the prolific West Arunta region of Western Australia. The project comprises one granted tenement and three tenement applications over 1,470 square kilometres of land considered highly-prospective for niobium, rare earths and iron-oxide-copper-gold […]
PharmAust to build on laboratory success with management changes
Clinical-stage biotechnology company PharmAust (ASX: PAA) is looking to build on the successful development of its monepantel (MPL) treatment with a rejuvenation of its board of directors. Dr Roger Aston, Robert Bishop and Dr Thomas Duthy have resigned from the board, while Sam Wright has been appointed interim chair. Mr Wright has been a director […]
Vintage Energy mobilises Schlumberger drill rig to spud Odin-2 gas well
Vintage Energy (ASX: VEN) has mobilised a Schlumberger SLR 184 drilling rig to the Odin-2 well site in the Cooper Basin and is currently completing a routine pre-spud inspection. Spudding of the gas well is expected to occur next week, subject to rig acceptance and weather conditions. Odin-2 is located 1.1 kilometres north-east of the […]
Surefire Resources welcomes positive results from Victory Bore environmental study
Surefire Resources’ (ASX: SRN) development plans for the Victory Bore vanadium project in Western Australia have been enhanced with studies suggesting that it may have a clearer path through environmental assessments. A desktop study of the Victory Bore project area has determined that no subterranean fauna values are expected to impact the project. Subterranean fauna […]
New study claims lithium demand could soar more than 1,500% by 2050
While lithium prices are currently down from where they were in 2022, a number of experts are forecasting dramatic increases in demand for this critical battery metal. Using data obtained from the International Energy Agency (IEA), the UN Trade & Development (UNCTAD) projects that lithium demand could rise by more than 1,500% between now and […]