Public Company News

Lithium Australia to ship recycled battery metals to Korea

29 Nov 2019

Lithium Australia is radically transforming the lithium market by creating a new “circular economy” courtesy of its lithium-ion battery recycling technology that essentially “harvests” battery metals from spent lithium-ion coin cell batteries. The ASX-listed company produced its first paid shipment of a valuable recycled mixed metal dust this for South Korean offtake firm, SungEel.

Adriatic Metals

Silver lining emerging at Rupice for Adriatic Metals

Matt Birney

29 Nov 2019

Adriatic Metals has found a silver lining at its brownfields, zinc-heavy polymetallic Vares project in central Bosnia and Herzegovina - particularly at the Rupice target, where recent drilling returned an intercept of 6 metres at an impressive 1,019 grams per tonne silver, 11.3g/t gold, 13.1% zinc, 12.5% lead and 1.3% copper from a depth of 238m. Rupice’s mineralised strike length is now over 500m long.

ClearVue Technologies

ClearVue eyes US customers after nod from safety inspector

Matt Birney

29 Nov 2019

Solar window glass innovator, ClearVue Technologies, is on the brink of breaking into the lucrative US renewables energy market after receiving UL 61730 Certification for its ClearVue solar glass technology following a year of rigorous scrutiny. The certification is a key requirement for ClearVue to sell its unique “PV IGU” solar window glass to the international market given that it confirms the electrical and mechanical credentials of the product.

Venus Metals Corporation

Venus/Rox hit more gold near Penny West mine

Matt Birney

29 Nov 2019

Venus Metals and Rox Resources have hit more gold in RC drilling at their Venus JV project in WA. The drilling is located north of the old Penny West gold mine and followed up on an exciting aircore discovery with the best recent numbers coming in at 3m grading 6.61g/t gold from 78m downhole. New aircore holes, 50m south from the now defined mineralisation, showed an 8m wide zone grading 1.92g/t gold.

Kairos Minerals

Kairos to drill test Pilbara gold play

Matt Birney

29 Nov 2019

Kairos Minerals is off and racing with a drill rig now churning away on a 1,500m RC program at the Iron Stirrup prospect, part of its flagship Pilbara Mt York gold project in WA. Iron Stirrup has a current resource of 1.07 million tonnes grading 1.94 grams per tonne for 67,000 ounces of gold and the drilling will target high grade shoots within the deposit.

Neometals

Neometals recovers nickel from old lithium batteries

Matt Birney

29 Nov 2019

Neometals lithium-ion battery recycling arm has successfully extracted a nickel sulphate solution with more than 99.9% purity in testwork that has far exceeded its scoping study assumptions. The company’s hydrometallurgical, patent-pending, battery metals recycling technology extracted a nickel product at a recovery rate of 98%. The work brings Neometals a step closer to a commercial-scale lithium battery recycling operation with a pilot plant due by the end of the year.

Troy Resources

Shallow gold discovery boosts reserve ounces for Troy

Matt Birney

28 Nov 2019

Perth-based South American gold miner, Troy Resources’ decision to closely focus on its exploration assets appears to be paying off with the recent discovery of a new style of mineralisation along strike from the Hicks 1 pit at its Karouni gold project in Guyana. The Hicks NW prospect has contributed around 19,000 additional reserve ounces and ongoing exploration continues to identify broad, shallow gold zones.

88 Energy

88 Energy to hit the ground running at Alaskan oil play

Matt Birney

27 Nov 2019

88 Energy is still on track to spud its 30%-owned Charlie-1 appraisal well at its Project Icewine on Alaska’s prospective Central North Slope by next February after successfully finalising a three way farm out agreement signed in August. The total gross mean prospective resource across the seven stacked targets to be intersected by Charlie-1 is 1.6 billion barrels of oil, with 480 million barrels attributable to 88 Energy, according to the company.

Lithium Australia

Chinese give thumbs up to Lithium Australia battery cathodes

Matt Birney

27 Nov 2019

Lithium battery supply chain disrupter, Lithium Australia, is making significant inroads into the lucrative Chinese and Japanese battery markets following the successful first stage testing of its “lithium-ferro phosphate” battery cathode material. The company, through its wholly-owned subsidiary VSPC, is now looking to set up a supply chain in China during 2021 and another in Japan by 2022 as it meets growing demand from the energy storage and transportation sectors.

Mechanical sorting to help Novo choose gold circuit

Matt Birney

27 Nov 2019

TSX listed Novo Resources is deciding what processing route to use for its Beatons Creek and Egina “nuggety” gold projects in WA’s East Pilbara by subjecting 10 tonnes of their combined ores to mechanical ore sorting. Around 5t of Beatons Creek’s and another 5t of Egina’s gravels have been shipped to a test facility in Perth, where they will be put through sorting trials during December.

King River Resources

King River tables more solid drill numbers at Trudi

Matt Birney

27 Nov 2019

King River Resources has wrapped up a drilling campaign at its high grade, Mt Remarkable project in WA and is now poised to provide more enticing assay results as the year draws to a close. The Trudi Main vein has again provided the goods for King River with 6 meters grading 5.95 grams per tonne gold from a very shallow depth of 20 meters downhole.

Kingwest Resources

Menzies serves up solid gold for Kingwest

Matt Birney

27 Nov 2019

Kingwest Resources recent Menzies acquisition looks like it might provide a payday for the ASX listed junior with ounce plus hits spinning off the drill bit. Latest results include 0.3m grading 71.3g/t within a broader zone of 1.5m grading 14.33g/t. This gold hit is located an impressive 100m below the known mineralisation at the historic Lady Shenton mine, potentially extending the length by at least 100m.

Market Charts View all

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Runners of the week

Company Name	Open	Peak
BPH Energy	0.0010	0.0020
Pancontinental Oil & Gas	0.0010	0.0020
Alloy Resources	0.0010	0.0020
Victory Mines	0.0010	0.0020
Carnegie Clean Energy	0.0010	0.0020
Thor Mining	0.0060	0.0110
Lindian Resources	0.0240	0.0410
Parkway Minerals	0.0060	0.0100
Merchant House International	0.0730	0.1150
Amani Gold	0.0020	0.0030

Corporate Finance Deals

Company Name
Danakali
NRW Holdings
Mincor Resources
Primewest
IMF Bentham

Director Share Trades

Director Name	Change
Tom Bahen at Fraser Range Metals
Peter Harold at Pacifico Minerals
Anthony Maslin at Buxton Resources
Stuart Fogarty at Buxton Resources
Nicholas Ong at White Cliff Minerals
Seamus Cornelius at Buxton Resources
Bill Hobba at Stone Resources Australia
Raymond Liu at Galan Lithium
Karl Paganin at Veris
Nathan McMahon at Galan Lithium