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Company News
Walkabout Resources shores up additional graphite supply from Lindi Jumbo
Within the space of a week, Walkabout Resources (ASX: WKT) has signed its second offtake agreement to supply graphite from the Lindi Jumbo project in Tanzania. The Perth-headquartered company informed shareholders today that the second binding offtake agreement had been locked-in with graphite products manufacturer Qingdao Risingdawn Graphite Technology (QRGT) from China. The private company, […]
Walkabout Resources locks-in first offtake agreement for Lindi graphite project
Less than a month after revealing an enhanced definitive feasibility study for the Lindi graphite project, Walkabout Resources (ASX: WKT) has now locked-in its first binding offtake agreement. Under the contract, China-based Inner Mongolia Qianxin Graphite will take up to 50% of Walkabout’s planned annual production from Lindi for the first three years. The detailed […]
Walkabout Resources’ enhanced Lindi graphite DFS cuts costs, boosts revenue
Walkabout Resources (ASX: WKT) has released an enhanced definitive feasibility study (DFS) for its Lindi jumbo graphite project in Tanzania that cuts capital expenditure costs by 6%, while boosting life of mine revenue more than 20%. The optimised DFS follows an updated reserve for Lindi of 5.5 million tonnes grading 17.9% total graphitic carbon. As […]
Walkabout boosts Lindi Jumbo graphite resource by 41%
Walkabout Resources (ASX: WKT) will release an amended definitive feasibility study (DFS) for its flagship Lindi Jumbo asset in Tanzania in early 2019 after a 41% boost in the graphite project’s resource estimate. Following a recent resource calculation by independent geological consultancy, Trepanier, the project’s upgraded global resource now stands at 41.8 million tonnes at 10.8% […]
Tanzanian mining licence confirmed for Walkabout’s Lindi Jumbo graphite project
Junior minerals developer Walkabout Resources (ASX: WKT) has cleared the final legislative hurdle in its transition to graphite producer after receiving confirmation that a mining licence will be granted for its high-grade Lindi Jumbo project in south-east Tanzania. The confirmation was received this week from Tanzania’s Ministry of Minerals and is subject to payment of […]
Walkabout Resources gains remainder of Tanzanian graphite project
Africa-focused Walkabout Resources (ASX: WKT) has gained further ground in Tanzania, paying US$1 million for the remaining 30% stake in a prospecting licence hosting the Lindi Jumbo graphite deposit. The energy minerals developer now wholly owns the tenement containing the Lindi Jumbo graphite mine, which is subject to a pending mining licence application. The US$1 […]
Walkabout edges further into gold space with Koza UK joint venture in Northern Ireland
Walkabout Resources (ASX: WKT) has moved further into the gold space after executing another joint venture with Koza UK to earn a 75% interest in the Slieve Gallion gold licence in Northern Ireland. Previous rock chip sampling at Slieve Gallion returned up to 58.5 grams per tonne gold and 2.7% copper. The licence is in […]
Walkabout Resources corrals more lithium ground in Namibia
Walkabout Resources (ASX: WKT) has gained more lithium ground in Namibia after clinching a binding agreement to earn-in to a prospecting licence adjacent to its 100%-owned Walkabout licences in the country’s south. The agreement was secured with a local company and will form part of Walkabout’s Eureka lithium project. Once executed, the new licence (EPL5691) […]
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