Sienna Resources has significantly expanded its Stonesthrow Gold Project in Saskatchewan, now covering approximately 18,350 contiguous acres of gold-prospective land directly bordering Ramp Metals Inc. This expansion comes after Ramp Metals announced multiple gold mineralization zones, including 73.55 grams per tonne of gold and 19.50 grams per tonne of silver, and a strategic investment led by Eric Sprott. Jason Gigliotti,...
Emerita Resources has provided an update on the metallurgical testing program for its wholly-owned Iberian Belt West (IBW) Project. Conducted in collaboration with Wardell Armstrong International and SRK Consulting, Phase I of the program aimed to demonstrate the production of commercial-grade concentrates from the La Romanera and La Infanta deposits, which are part of the NI 43-101 mineral resource estimate....
ProLogium, a global leader in lithium ceramic battery technology, highlighted its innovations at the Advanced Automotive Battery Conference (AABC) Europe on May 16. Founder Vincent Yang discussed ProLogium’s reimagined battery architecture, featuring a ceramic separator that enables high-capacity anode materials and solid-state electrolytes. This new structure supports rapid charging and high energy densities, enhancing performance and safety. ProLogium’s advancements promise...
Glencore, a global leader in commodity trading and mining, has successfully reduced safety incidents involving forklifts at its recycling facility in Rhode Island by implementing the ELOshield proximity detection system from Elokon. This innovation was highlighted in a new case study released by Elokon on National Forklift Safety Day. Glencore selected ELOshield for its advanced warning capabilities, particularly effective in...
On Monday (June 10th), spot gold rallied $17 after a sharp decline in the previous session, breaking through the $2,310 per ounce mark. According to FXStreet analyst Christian Borjon Valencia, gold prices have strengthened despite a rise in US Treasury yields. Upcoming U.S. inflation data and a Federal Reserve resolution could significantly influence gold’s future movements. U.S. 10-year Treasury yields...
Hillgrove Resources has announced a 17% increase in May copper production, reaching 840 tonnes compared to April’s 719 tonnes. All key operational metrics, including throughput, feed grade, and recovery, have shown continuous improvement. In May 2024, the company processed 84,789 tonnes of milled ore, with a copper grade of 1.09% and a recovery rate of 90.7%. This is an improvement...
British-Australian resources giant Rio Tinto announced it will acquire Mitsubishi Corporation’s 11.65% stake in the Boyne Aluminium Smelter and Refinery (BSL). The financial terms of the acquisition were not disclosed. BSL, located on Boyne Island in Gladstone, Queensland, Australia, is a joint venture involving Rio Tinto, YKK Aluminium, Sumitomo Chemical, and others. This acquisition follows Rio Tinto’s recent agreement to...
Bravura Holdings, owned by Nigerian tycoon Benedict Peters, plans to start production at a Zimbabwean lithium project early next year, according to a company official. Despite the current weak price of lithium, the company remains committed to commissioning the Kamativi lithium tailings project by 2025, Bravura’s group general manager Gbenga Ojo told reporters in Harare on Tuesday. Lithium prices have...
According to the Ministry of Industry and Information Technology, China’s lithium-ion battery industry maintained a growth trend from January to April 2024. Data from industry standards and association calculations show that total production of lithium batteries in China exceeded 282 GWh during this period, marking a year-on-year increase of 17.5%. In the energy storage sector, national production of energy storage...
Richards Bay Minerals (RBM) has signed a renewable power purchase agreement (PPA) with Khangela Emoyeni Wind Farm (Pty) Ltd, securing 140MW of wind energy from a new wind farm in the Western and Northern Cape Province. This project is expected to reduce RBM’s annual carbon emissions by 20%. The 20-year PPA involves African Clean Energy Developments (Pty) Ltd (ACED), The...
