Battery Metals Royalties to acquire 45% interest in Mongolian coal assets from Silver Elephant Mining
Mining News Pro - Silver Elephant Mining and Battery Metals Royalties have announced that they have entered into a binding letter of intent pursuant to which Battery proposes to acquire a 45% equity interest of Silver Elephant’s wholly owned Mega Thermal Coal Corp. (formerly Asia Mining Inc.), which owns and operates the Ulaan Ovoo and Chandgana thermal coal mines in Mongolia through Mega Coal’s wholly-owned Mongolian subsidiaries for $6.3 million.
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Visit: 644
Silver Elephant pauses Sunawayo acquisition
Mining News Pro - Precious metals explorer Silver Elephant has put on hold payments for the Sunawayo silver/lead mining project, in Bolivia, pending verification of the status of the project’s title and environmental permit.
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Visit: 475
Gemcorp, Endiama to develop Mulepe diamond project in Angola
Mining News Pro - Investment group Gemcorp Capital and Endiama Mining, a subsidiary of Angola’s state-owned diamond miner Endiama, have partnered up to develop the Mulepe diamond deposit in the country’s northeastern province of Lunda Norte.
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Visit: 930
Silver Elephant acquires nickel project in Thompson belt
Mining News Pro - Silver Elephant has high hopes and aspirations for its new Minago project, in Manitoba, which could supply the “insatiable” demand for Class 1 nickel from the electric vehicle (EV) industry.
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Visit: 685
Lepidico to acquire Bright Minz, LOH-Max process technology
Mining News Pro - Lepidico has entered into an agreement with the shareholders of Bright Minz to acquire all of the issued share capital of Bright Minz.
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Visit: 664
Lepidico`s Namibian project proves positive
Mining News Pro - A definitive feasibility study (DFS) by Lepidico into an integrated mine, concentrator and chemicals plant has proven the economics of the Phase 1 development of its Karibib lithium asset, in Namibia.
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Visit: 661
Lepidico ramps up lithium pilot plant toward first products
Mining News Pro - Lepidico has reported first concentrate from its pilot plant leach circuit, marking the start of the ramp up for its first operating campaign of the lithium recovery technology.
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Visit: 856
Lepidico develops battery-grade chemical producing lithium technology
Mining News Pro - Lepidico has switched its attention from producing lithium carbonate to high purity lithium hydroxide due to customer preferences for the battery compound.
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Visit: 971