Metals & Minerals News

Arkle progresses Africa lithium projects

Arkle Resources plc has started sampling at its two lithium brine licences in the Makgadikgadi salt pans in Botswana. ANALYSIS The programme comes ahead of early-stage prospecting due to begin in days on its Zimbabwe hard rock licences also prospective for lithium. Covering a total 837km2 the Makgadikgadi licences showed in July the presence of […]

Finance Metals & Minerals News

Clontarf raises £300,000 via placing

Clontarf Energy plc has raised £300,000 before expenses via a placing of 857,142,857 new ordinary shares of 0.01p each in the company at a price of 0.035p per placing share. The placing shares represent approximately 11.92% of the company’s enlarged issued share capital. Net proceeds will advance Clontarf’s lithium projects in Bolivia and neighbouring countries, […]

Metals & Minerals News

Clontarf grants 160m share options

Clontarf Energy plc has granted long-term incentive share options over a total 160 million ordinary shares of 0.01p each in the company. Chairman David Horgan received 60m options; non-executive director Peter O’Toole and financial director-company secretary James Finn, 40m each; and financial controller Dipti Mehta, 20m. The options vest immediately with an exercise price of […]

News

Golden Metal finds strong mineralisation at Kibby

Golden Metal Resources plc’s technical review encountered “strong” lithium mineralisation in brines and clays at its Kibby North and Kibby South properties in Nevada, USA. TARGET CONDUCTOR The findings come from historical datasets as well as liaison with multiple groups who conducted work on the nearby third-party held lithium claims. Lithium mineralisation was encountered in Marquee drillhole […]

Metals & Minerals News

Clontarf looks to bid for Bolivian priority salt pans

Clontarf Energy plc could submit bids for a direct lithium extraction project from seven priority salt pans, or salares, in Potosí and Oruro, Bolivia. PILOT PLANT The company’s joint venture with US-based NEXT-ChemX Corporation plans a pilot plant in Bolivia in partnership with state-owned lithium company YLB* by the end of 2024.  On 26 January, […]