City Investors Circle
The Market Review for January 2024 has been published, featuring the severe drop in prices of Lithium and other battery metals and possible reasons why.
O3 Mining is the featured company, and there are significant news snippets from our watchlist companies. Continue reading
Argosy Minerals (ASX: AGY)
Provided an update on key developments at their Rincon Lithium Project.
2,000tpa operation works progressing, and comprehensive test works being conducted to determine optimum operational. Continue reading
Argosy Minerals (ASX: AGY)
I have held Argosy Minerals for a decent amount of time but decided to sell today due as much to the lack of positive communications from the company as to the low, and still falling, price of lithium.
Lithium is down 82% in price in the last 12 months. Continue reading
Calidus Resources (ASX: CAI)
Announced that lithium major SQM has agreed to acquire a 30% interest in Pirra from Haoma.
SQM will also provide $3M in funding to Pirra, which will increase its total stake to 40%. Continue reading
Calidus Resources (ASX: CAI)
Requested that its securities be placed in a trading halt and provides the following information in accordance with ASX Listing Rule 17.1.
This is pending a potential announcement re Pirra Lithium. Continue reading
Argosy Minerals (ASX: AGY)
Provided an update on key developments at our Rincon Lithium Project.
The Company is progressing operational works at the 2,000tpa lithium carbonate facility
targeting continuous production operations. Continue reading
Calidus Resources (ASX: CAI)
MD Dave Reeves was interviewed during the Kalgoorlie Diggers and Dealers 2023 mining conference.
He highlighted the progress the company has made and is making. Continue reading
Cornish Lithium
A private lithium company in Cornwall, UK, has sent out an urgent plea in order to try and raise up to £10 million to continue their lithium exploration programme in Cornwall, in the West of England.
The company CEO blames a lack of government assistance. Continue reading
Karora Resources. (TSX: KRR)
Announce it has entered into an agreement with Kalamazoo Resources Limited (ASX: KZR) to create a lithium and critical metals exploration company to be called Kali Metals Limited. Continue reading
Argosy Minerals (ASX: AGY)
Macquarie have published a broker note where their analyst has given a target price of 80 cents per share, around double the current share price for the company. Continue reading
Market Review March 2023
Lithium continues to fall in price despite the increasing coming of the EV age.
Companies featured include Karora Resources, Orla Mining, American Creek, and a few links to noteworthy news from selected companies on our watchlist.
Argosy Minerals (ASX: AGY)
The share price has fallen back sharply, and I was wondering if this is due to the falling price of lithium, or is there another reason?
I have discovered there are some enviromentalists in Argentina causing issues for lithium producers, includig the majors, in Salta and Jujuy provinces. Continue reading
Mining Review 26th March 2023
The price of lithium continues to crash, and has fallen around 50% from its peak.
Orla Mining and Karora Resources both reported strong financial results last week. Continue reading
Argosy Minerals (ASX: AGY)
Advised on further progress at their Rincon Lithium Project, located in Salta Province, Argentina, with the commencement of lithium carbonate batch production works, where 5.1 tonnes of battery quality product has currently been produced. Continue reading
Argosy Minerals (ASX: AGY)
Advised of further progress at the Rincon Lithium Project, located in Salta Province, Argentina, with 98% of the total works completed for the development of the 2,000 tpa lithium carbonate production operation, including current commissioning works at 90% completion, during which the Company has produced battery quality 99.76% lithium carbonate product, towards commencing lithium carbonate production operations. Continue reading
Argosy Minerals Limited (ASX: AGY)
Advised of further progress at the Rincon Lithium Project, located in Salta Province, Argentina, with current commissioning works having produced battery quality 99.76% lithium carbonate product as part of the overall development towards commencing the 2,000 tpa lithium carbonate production operation. Continue reading
Lithium Power Intl.(ASX: LPI)
Updated on the consolidation of 100% ownership of LPI’s flagship Maricunga lithium brine project in Chile.
The consolidation is due to complete “imminently”, according to the company. Continue reading
Lithium Power Int. (ASX: LPI)
Has announced the 100% consolidation of their Maricunga Lithium Project in Chile’s “Lithium Triangle”, via two transactions.
The consolidation has been approved by LPI’s shareholders. Continue reading
Argosy Minerals (ASX: AGY)
Advised of progress at the Rincon Lithium Project, located in Salta Province, Argentina, with 95% of the total works now completed for the development of the 2,000tpa lithium carbonate production operation.
The Company remains on budget and is targeting to achieve first battery quality lithium
carbonate product next month. Continue reading
