Metals & Minerals News

Cadence expects increased value with Evergreen listing

Cadence Minerals plc expects to see increased value for its portfolio of assets as its investee lithium company nears the start of trading in Australia. EVERGREEN The company today said that Evergreen Lithium Ltd had filed its prospectus with the Australian Securities & Investments Commission and the Australian Stock Exchange. Cadence owns approximately 15.8 million […]

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Clontarf raises £1.3m via placing and subscription

Clontarf Energy plc has raised £1,300,000 before expenses via a placing and subscription for 2 billion new ordinary shares 0.01p each in the company. ISSUED SHARE CAPITAL The fundraise through “several Australian based brokers” was at a price of 0.065p per placing share, representing approximately 45.76% of the company’s issued share capital as enlarged by […]

Metals & Minerals News

Arkle discovers lithium-bearing pegmatites at Mine River

Arkle Resources plc said it had discovered lithium-bearing pegmatites from rock chip samples in its Mine River gold block on the Wexford-Wicklow border in Ireland.  MINE RIVER In 2017 the company acquired the block which comprises five licences over 213.5km2, covering an area of known gold mineralisation along a 15km trend. Arkle last year extended […]

Metals & Minerals News

Power Metal acquires first graphite project

Power Metal Resources plc has intensified its focus on specialist ‘battery metals’ by acquiring its first graphite project and forming a new UK private battery metals and minerals focused vehicle. DOERKSEN BAY The new project of Doerksen Bay covers 4,222 hectares and lies 230km northeast of La Ronge in Saskatchewan, Canada. The acquisition centres on five Saskatchewan mineral […]

Metals & Minerals News

Cadence notes completion of Amapá PFS

Cadence Minerals plc reported the completion of the pre-feasibility study (PFS) for the Amapá iron ore joint venture (JV) project in northeast Brazil. JV STRUCTURE Amapá is one of Cadence’s three investment projects in which it owns 27% of the JV company Pedra Branca Alliance (PBA) along with IndoSino (73%). PBA owns 100% equity of […]