The Uranium Market
Australian asset managers, Harness Asset Management, have released a detailed and very balanced outlook for uranium. Key take away:
Month: May 2018
Advantage Lithium announces an updated resource estimate of 3.0 Mt LCE at Cauchari
Advantage Lithium Corp. (the “Company” or “Advantage Lithium”) (TSX Venture: AAL) (OTCQX: AVLIF) is pleased to announce an updated resource estimate for the Company’s flagship Cauchari Project in Jujuy, Argentina based on the Phase II drilling results. The update, prepared by FloSolutions S.A.C., has increased the inferred resource to a volume of approximately 1,200 million cubic metres of brine at average grades of 450 mg/l lithium and 4,028 mg/l potassium for 3.0 Mt of Lithium Carbonate Equivalent (LCE) and will be the basis for our Preliminary Economic Assessment (PEA) scheduled for completion in Q2 2018.
Bayhorse Silver Updates Progress on Bayhorse Silver Mine, Oregon, USA
Vancouver, British Columbia–(Newsfile Corp. – May 22, 2018) – Bayhorse Silver Inc. (TSXV: BHS) (the “Company” or “Bayhorse“) updates its progress on the Bayhorse Silver Mine in Oregon, USA.
MGX Minerals Wins 2018 S&P Global Platts Metals Leadership Award -Base & Specialty Metals for Rapid Lithium Extraction Technology
Winners Unveiled at May 17 Black-Tie Event in London
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to announce the Company has won the Base and Specialty Metals Industry Leadership Award at the 2018 S&P Global Platts Global Metals Awards, held in London on May 17. Hosted by S&P Global Platts, a leading global energy, metals and commodities information provider, the annual awards program honors exemplary performance in fifteen categories spanning the entire steel, metals and mining complex.
Standard Lithium: Going where the right brine project is
Towards the end of our interview, Robert Mintak CEO of Standard Lithium (V.SLL), laid out Standard’s criteria for evaluating lithium opportunities, “You have to get the right project,” he said, “There needs to be infrastructure. You need a workforce. You need to access to water and reagents. You have to consider the jurisdiction and the permitting rules. Utilizing modern selective extraction, you need to not only pump large volumes of brine, you need to know if you will be allowed to re-inject the processed brine.”
DXI Energy: Doing First Nations Right
While you will hear some miners and energy guys complain about First Nations issues the fact is that First Nations people simply want a fair share of the economic activity on their lands. Plus, in Northern BC or the Yukon, First Nations are a readily available source of the workforce mining and energy companies need.
Marathon Announces Details of the Positive PEA for the Valentine Lake Gold Camp, Newfoundland
Marathon Gold Corporation (“Marathon” or the “Company”) (MOZ:TSX) will be hosting a conference call to review the results of the PEA at 10:00 am EST on Thursday, May 17, 2018. Those wishing to join the call can do so using the telephone numbers listed below. The call will also be available on the Company’s website a www.marathon-gold.com.
MGX Minerals and Engineering Partner PurLucid Nearing Commissioning of Oilfield Lithium Recovery and Wastewater Treatment Systems
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) / (OTCQB:MGXMF) / (FSE:1MG) and its 51% owned engineering partner PurLucid Treatment Solutions Inc. (“PurLucid”) are pleased to provide a progress report related to the deployment of lithium recovery and wastewater treatment systems in Alberta, Canada. To date, MGX and PurLucid have completed commercial-scale trials with multiple oilfield operators and are now preparing to deploy systems.
Great Infographic on Copper
Over at the Visual Capitalist, Jeff Desjardins has a fact filled infographic up on copper. More specifically, the fact that copper demand is going to soar in the face of the need to build grid capacity, power electric cars and generally move towards an all electric future.