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Mining contractor hits the ground running at rare earths mine

Northern Minerals’ contract mining team have hit the ground running at the remote Browns Range project with MACA contracting now set to begin digging ore at Australia’s first heavy rare earths mine. The commencement of mining will coincide with a reassessment of the commercial potential of heavy rare earths, driven in part by the take up of electric vehicles around the globe.

Azonto raises $2.25m above market for Canada oil and gas play

A guaranteed $2.25 million equity injection has secured Azonto Petroleum’s rebirth as Calima Energy with a stake in one of the hottest new shale plays in North America. The capital raising was a key part of a series of deals announced last month that will launch the company as a player in Canada’s Montney Formation, a liquids-rich oil and gas basin of staggering proportions.

Neometals develops breakthrough lithium brine process

Neometals have rolled out another breakthrough technology that could make giant lithium brine evaporation ponds a thing of the past. The Mt Marion Lithium mine founder has developed a new titanium-based material that extracts lithium from brines in just 30 minutes, compared to a 12-month wait with evaporation ponds. 

Stargroup quest for market domination gets shot in arm

Stargroup’s quest for total market domination in Australia received a shot in the arm this week after the company announced yet another acquisition of a rival ATM machine operator taking their total number of ATM machines around Australia to over 500 units. The acquisition of Fast Cash for $4.2m will take Stargroup’s projected FY 18 EBITDA from $4.7m to $5.7m.

Neometals successfully tests graphite replacement

Neometals’ dream of capturing value all along the lithium battery supply chain is one step closer following great test results for an exciting new type of battery material that can potentially replace graphite. Batteries using the new anode material known as Lithium Titanate outperformed commercially available rivals in recent tests conducted by the company. 

Peppermint kicks off game changing trial of APP in Philippines

Peppermint Innovation have launched a game changing trial of their technology in the Philippines that promises to revolutionize the way millions of Filipinos pay their household bills and transfer money to friends and family. The trial, which received the green light from the country’s central bank, is an innovative solution for the 70% of Filipinos who don’t operate a bank account.

Peppermint signs 14,000 strong agent network in Philippines

Peppermint Innovation are gaining traction for their bill payment and money transfer APP with millions of Filipino’s who don’t operate a bank account. The Perth company has signed a second major distribution partner who will resell their platform via a 14,000 strong agent network. Peppermint also recently won a Fintech Award for “Excellence in Financial Inclusion.”

Lithium Australia’s Sileach process wins approval of new German partner

Lithium Australia’s innovative "Sileach" Lithium processing technology has played a crucial role in securing a joint venture in Germany that plans to extract lithium from mica for the huge European market. The German partner in the new joint venture locked in the deal after exhaustive due diligence showed Sileach was ideal for extracting lithium from their tin deposits in Europe.

Hoppo hops on board with Shark Mitigation Systems

When it comes to saving the lives of beach goers, there are few bigger names around the world than Bondi Rescue’s Bruce “Hoppo” Hopkins. The chief lifeguard at Bondi Beach has teamed up with WA-based Shark Mitigation Systems to promote their innovative shark detecting "Clever Buoy" technology. Hopkins first trialed the technology at Bondi in 2016.

Lithium Australia extracts 99% Lithium from Mexican clays

Lithium Australia’s processing expertise has produced exceptional results from metallurgical testing of the Agua Fria Lithium clay prospect in Mexico, extracting up to 99% Lithium without roasting in just four hours. The result is a major boost for the economics of Agua Fria which is adjacent to the world’s largest known Lithium clay deposit.

Blina starts work on bargain Goldfields gold project

Blina Minerals have moved quickly at their new Dingo Gold project in the Eastern Goldfields, with detailed geological mapping and a geochemical survey underway just a fortnight after taking control. Dingo has shallow and deeper gold targets that have not been properly drill tested and offers up significant upside on Blina’s bargain acquisition price of just $20,000.

Global pharma heavyweight joins Analytica board

Analytica have appointed a global heavyweight in the pharmaceutical industry to its board of directors as they gear up for the international launch of an innovative medical device that combats urinary incontinence. Dr Peter B. Corr, the former head of R&D at Pfizer, has joined the Analytica board, strengthening ties he already has as a significant shareholder.

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Runners of the week

Company NameOpenPeak
Magnum Gas & Power0.00100.0020
Covata0.04500.0900
AnaeCo0.00100.0020
Baraka Energy and Resources0.00100.0020
Artemis Resources0.15000.2650

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