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Company News
St George Mining Reports High-Grade Drilling Success at Araxá Project in Brazil
St George Mining (ASX: SGQ) has identified significant upside with high-grade diamond drilling results at its new Araxá rare earths and niobium project in Brazil. The company only acquired Araxá in late February, and through a calculated exploration strategy has already de-risked what it believes is a potentially world-class project in an area containing significant niobium mining […]
St George Mining’s Capital Raise for Araxá Project in Brazil Sees Big-Name Backing
St George Mining (ASX: SGQ) can count Australia mining figurehead Gina Rinehart’s Hancock Prospecting among those backing a $72.5 million capital raising to support development of its Araxá rare earths-niobium project in Brazil. The placement will see St George issue 725 million new ordinary shares at a price of $0.10, with Hancock Prospecting taking up 225 […]
St George Mining Unveils Major Rare Earths Discovery at Araxá Project in Brazil
St George Mining’s (ASX: SGQ) ambitions to be a key link in the US rare earths and critical minerals supply chain have been boosted by the confirmation of a major discovery at the Araxá project in Brazil, which it acquired in February. Drilling at the project’s East Araxá target has confirmed thick intervals of high-grade […]
St George Mining gains local backing for Araxá rare earths and niobium project in Minas Gerais
St George Mining (ASX: SGQ) has received backing from government officials in Brazil for its plans to hunt for high-value rare earths in the country. After signing an initial co-operation agreement with the State of Minas Gerais in Brazil, the company is now attracting strong support from the local community. The agreement with Minas Gerais […]
St George Mining signs deal with Shandong Xinhai to fast-track Araxá project in Brazil
St George Mining (ASX: SGQ) has signed a deal with global service provider Shandong Xinhai Mining Technology & Equipment to co-develop the advanced Araxá niobium-rare earth elements project in Brazil. Under the terms of the partnership, Xinhai will provide St George with advice on metallurgical testing, mineral processing options, plant design and project construction as […]
St George Mining signs deal with Liaoning Fangda Group to co-develop Araxá niobium-rare earths project
St George Mining (ASX: SGQ) has secured an agreement with steelmaking giant Liaoning Fangda Group to collaborate on the development of the high-grade Araxá niobium-rare earths project in Brazil. The agreement was signed with Liaoning subsidiary Beijing Fangda Carbon-Tech Co and will include marketing, offtake and financing opportunities with the aim of advancing the world-class […]
St George Mining secures $3m lithium joint venture deal with Amperex Technology
St George Mining (ASX: SGQ) has entered into a $3 million joint venture deal with global lithium-ion battery producer Amperex Technology to fund lithium exploration in Western Australia. Amperex has agreed to invest the money into St George subsidiary Lithium Star, which has 100% ownership of seven hard rock lithium projects at Split Rock, Buningonia […]
St George Mining to acquire seven hard rock lithium projects in WA
St George Mining (ASX: SGQ) has entered into an agreement to acquire full ownership of seven hard rock lithium projects in Western Australia. The new projects comprise 14 exploration licences – 13 granted and one in application – over 653 square kilometres in the goldfields region. The transaction will be completed between St George subsidiary […]
St George Mining intersects more nickel-copper sulphides at Mt Alexander, confirms continuation of mineralisation
A high-grade nickel-copper sulphide intersection encountered during drilling of the Stricklands target within St George Mining’s (ASX: SGQ) flagship Mt Alexander project in Western Australia has confirmed the prospect’s down-plunge continuation of mineralisation. The 14 metre-thick zone was intersected from 78m downhole and encountered massive and semi-massive sulphides with average XRF (X-ray fluorescence) readings of […]
St George Mining reports new high-grade discovery at Mt Alexander nickel sulphide project
Nickel company St George Mining (ASX: SGQ) has discovered high-grade nickel-copper sulphides in an unexplored section of the Cathedrals Belt, within its flagship Mt Alexander project in WA’s north-eastern goldfields. A maiden drillhole at the newly-named Radar prospect intersected nickel-copper sulphide mineralisation between 44.2m and 51.7m downhole, including intervals of massive nickel-copper sulphides. The hole […]
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