Sigma Lithium has secured up to $100 million from shareholder Synergy Capital to build the initial phase of a $155-million expansion at its Grota do Cirilo lithium project in Minas Gerais, Brazil.
ERG and Gécamines restart operations at Boss Mining.
ERG and Gécamines have announced that they have restarted cobalt operations at Boss Mining in the DRC.
Cordoba sells 50% stake in Colombian project to China’s JCHX for $100m.
Cordoba Minerals (TSXV: CDB) announced on Thursday that it has entered a strategic arrangement with JCHX Mining Management to jointly develop the company’s flagship Alacran copper-gold-silver project in Colombia.
Askari Metals acquires lithium project in Namibia.
Askari Metals has announced that it has acquired an 80% interest in a Namibian lithium project, increasing the strategic footprint of its Uis project.
Lucapa achieves highest diamond recovery at Angola mine.
Australia’s Lucapa Diamond (ASX: LOM) has hit a major milestone at its prolific Lulo mine in Angola, after recovering 20 diamonds weighing a combined 15.51 carats from just one bulk sample.
Cobre announces high-grade copper discovery at Ngami project.
Cobre Limited has announced assay results for a drill hole at its Ngami Copper project, reporting significant high-grade copper silver results.
Argonaut Gold to sell Ana Paula project for $30 million to Heliostar. Argonaut Gold (TSX: AR) has inked a deal with Heliostar Metals (TSXV: HSTR) to sell its Ana Paula gold project in Guerrero state, Mexico, for $30 million in cash and shares. The announcement comes 20 months after a planned sale of the asset to AP Mining fell through in April 2021.
Fortuna provides exploration update at its Séguéla gold project.
Fortuna has announced that it has identified new prospects at its Séguéla gold project in Côte d´Ivoire.
Orezone declares commercial production at its Bomboré Gold Mine.
Orezone has announced that its Bomboré Gold Mine in Burkina Faso has achieved commercial production.