Overhauled lithium hopeful Global Lithium Resources has put a $439 million price tag on developing its flagship project in the eastern Goldfields, as it spins out its gold assets.
Lithium play Global Lithium Resources has pledged to spin out its Marble Bar gold project into a new entity, following a takeover battle which implicated the precious metal assets.
Our weekly appointments wrap includes Lenda Oshalem, Russell Gibbs, Richard Kilbane, Beau Waters, Kate Wellington, Guy Chalkley, Grant Davey, Richard O'Shannassy and Dianmin Chen.
Global Lithium Resources has chosen a new chairman and chief to redirect the lithium explorer's focus following a turbulent six months largely defined by a public boardroom dispute.
Global Lithium director Dianmin Chen has rubbished Chinese control concerns he says were raised behind his back to the nation's foreign ownership umpire, speaking after the AGM.
Two directors at the heart of a boardroom tussle for control of Global Lithium, including chair Ron Mitchell, will resign at this afternoon's annual general meeting.
Leadership tensions which have simmered at lithium explorer Global Lithium will come to a head tomorrow, as shareholders vote on whether a major holder should join the board.
The takeovers umpire has likened Global Lithium Resources' boardroom brawl to shareholder activism rather than a covert attempt to take control of the critical minerals explorer.
South Perth independent candidate Hayley Lawrance has pulled the pin on a short-lived independent campaign for the state seat of South Perth, citing personal reasons.
ASX-listed explorer Global Lithium has escalated concerns over "associated parties" allegedly muscling in on the board to the nation's takeovers umpire.
Global Lithium’s commitment towards curbing costs and operational spending has continued, with chief financial officer Matthew Allen to be made redundant from the role next month.
Global Lithium has succeeded in delaying its annual general meeting over concerns of a foreign takeover of the board, a dispute that escalated to the state's highest court.
Critical minerals project developer Global Lithium Resources is seeking to delay its annual general meeting citing foreign control concerns, amid an ongoing boardroom brawl.
Global Lithium Resources is tightening its belt amid the lithium price downturn, as one of its shareholders continues his attempt to oust two directors and join the board.
An updated 249D notice lobbed at Global Lithium Resources by shareholder Leon Zhu hopes to oust directors Greg Lilleyman and Hayley Lawrance and cap the company's board to three.
The State Government has thrown its financial grunt in behind Infinity Mining's diamond drilling program at the company's Tambourah South lithium project, with a $149,675 Exploration Incentive Scheme grant. Infinity will fund the balance of the $299,350 program, which will see the drilling of two NQ-diameter diamond holes to depths of up to 300m to evaluate the geology under the project's pegmatite swarm.
Infinity Mining's recent drilling in a big swarm of stacked Pilbara pegmatites has yielded assays of up to 2.1 per cent lithium oxide and supportive rubidium, caesium and tantalum values, with more work to come. The company says its campaign of eight reverse-circulation drillholes for 834m at its Tambourah South project in Western Australia produced several outstanding shallow lithium-caesium-tantalum intercepts.
Mineral Resources boss Chris Ellison has labelled SQM's takeover of Azure Minerals as “dead in the water” while also shedding light on his lithium acquisition strategy.
Bookbuilds and Banter with Boz (aka Shaw and Partner's WA State manager Davide Bosio) draws on his years of capital-raising experience and deal-making in Perth to talk billionaires and battery metals as he laments the ultimate killer of the deal – time.
A technical review of Octava Minerals' Talga project in Western Australia's Pilbara region has revealed fractionation typical of LCT pegmatites and stellar gold grades in soil samples of up to 5.45 grams per tonne. The company says the study, conducted by CSA Global, has uncovered a previously unrecognised target zone for pegmatites of more than 100 square kilometres.
Octava Minerals will become the sole owner of the prospective 202-square-kilometre Talga lithium project in the Pilbara after signing a deal to buy the remaining 30 per cent interest from its partner First Au. Octava will purchase First Au's entire project holdings – including a 20 per cent free-carried interest – for $200,000, 1.2 million fully-paid ordinary shares and a net smelter royalty of 0.75 per cent.
Our board moves wrap includes Brett Woods, Morne Engelbrecht, Bruce Clement, Eamon Hannon, Martin Moloney, Warrick Hazeldine, Geoff Jones, Guy Robertson, and Dan Smith.
Octava Minerals has launched a new soil-sampling program to follow up three priority targets defined by a recent hyperspectral survey within its Talga project near Marble Bar in Western Australia's Pilbara region. The campaign has a particular focus on lithium, although the gold and base metals potential in the wider tenement area is also of interest to the company.
Kairos Minerals continues to generate highly-promising lithium targets at its 100 per cent-owned Roe Hills project in Western Australia's Eastern Goldfields region. The company's optimism has been boosted ahead of a planned initial 5000m of reverse-circulation drilling across its growing pipeline of targets in the rapidly-emerging lithium province that hosts Global Lithium Resources' renowned 32.7-million-tonne Manna lithium project.
Former GR Engineering managing director Geoff Jones has been appointed as non-executive chair of Mineral Resources-backed junior Global Lithium Resources.
Mineral Resources-backed junior Global Lithium Resources has recruited local engineer Wave International to lead a definitive feasibility study for its flagship lithium project.
Australian-listed explorers raised a bolstered $3.02 billion during the December quarter after lithium and gold topped the charts for the most funds secured.
Our weekly appointments wrap includes Jorja Brady, James Komninos, Chris Jas, Ed Armstrong, Katie Tovich, Sandy Sibenaler, Matthew Allen, Christian Owen and Kirsty Sutherland.
Green energy metals explorer and developer Octava Minerals and its JV partner Future Metals have received an early boost from their freshly minted joint venture. Future Metals has identified broad zones of disseminated magmatic nickel-copper and platinum group elements sulphides at its Panton project that crosses into the tenement they share, Panton North, which is located in a Tier 1 nickel sulphide-PGM province in the East Kimberley region of WA.
Newly listed explorer Octava Minerals has outlined a suite of new pegmatite targets at its Pinnacle Well lithium prospect in the Pilbara region of Western Australia after a field reconnaissance program. The campaign was headlined by the detection of a 1.5km long east-west running outcrop about 10km north of Global Lithium's 10.5 million tonne Archer deposit.
Internationally recognised lithium expert Joe Lowry expects the price of battery quality lithium carbonate to continue its upward trajectory into 2027 before hitting highs of US$97,000 per tonne as the supply and demand curve starts to invert. Speaking at this year's Lithium Update by the Experts at Perth's Hyatt Hotel, Lowry dubbed lithium the “irreplaceable element” in the new energy transition and says the balance of power in the industry has switched from China to Australia and South America.
Kairos Minerals has identified significant new lithium soil anomalies at its Roe Hills project in the Eastern Goldfields of WA. The lithium hits are near Kairos's 2.6km long Black Cat lithium soil anomaly where preparations for drilling are well advanced. The company says Black Cat appears to have the same geology as the nearby Manna deposit, 20 per cent of which sold for $60 million in October.
Global Lithium is lining up $121 million from institutional investors to buy the remaining stake in its second exploration project, with Mineral Resources pitching in to maintain its interest.
Newly listed explorer Octava Minerals has shot out of the blocks and commenced a battery metals hunt at its Talga lithium project in the Pilbara region of WA - just weeks after listing on the local bourse. The company will use the campaign to seek out lithium-bearing pegmatites with a ground-based exploration program, including mapping and sampling within earshot of Global Lithium's 10.5 million tonne Archer deposit.
