Neometals’ Vanadium Recovery Low Cost Potential

Neometals Ltd (ASX: NMT)

Announced the completion of an Association for the Advancement of Cost Engineering Class 3 Engineering Cost Study on the recovery of high-purity vanadium pentoxide (“V2O5”) from high-grade vanadium-bearing steel by-product.

The ECS was completed with assistance from leading Nordic engineering group Sweco Industry Oy.  […]  Continue reading

Mining Review Sunday Update 1st May 2022

Mining Review Sunday Update 1st May 2022

Another poor week for gold, back below $1,900 due to anticipation of several FED half percent interest rate hikes, and a strong dollar.

Companies in  the news this week include Calidus Resources, Colonial Coal, Cornish Metals, Eloro Resources, and Neometals.  […]  Continue reading

Mining Review Sunday Update 3rd April 2022

Mining Review Sunday Update 3rd April 2022

The nickel price is still holding at a higher level then before the LME ‘Big Shot’ debacle, and volumes remain low, some trust has been lost.

Watchlist companies making news this week included Banyan Gold, Cornish Metals, Gold Road Resources, Neometals, and Pure Gold Mining.  […]  Continue reading

Neometals AIM listing Scheduled For Late February

Neometals Ltd (ASX: NMT)

Advised that it is making strong progress towards the admission of its shares to trading on the AIM market of the London Stock Exchange.

Pursuant to the AIM Rules for Companies, Neometals has submitted its Schedule One pre-admission as well as its proposed introduction to AIM announcements to the LSE.   […]  Continue reading

Mining Review Sunday Update 6th February 2022

Mining Review Sunday Update 6th February 2022

Gold is oscillating around the US$1,800 level, and has been for some time, and the feeling is it will continue to do so for some time yet, unless some significant news moves it strongly in one direction.

Radisson Mining, Cabral Gold, and Eloro Resources all reported good drill results, and Neometals reported their financials. Continue reading

Neometals signs agreement for ELi®Lithium Process

Neometals Ltd (ASX: NMT) and Mineral Resources (ASX: MIN)

Jointly announced that their 70:30 co-owned company, Reed Advanced Materials Pty Ltd has entered into a binding Co-operation Agreement with Portugal’s largest chemical producer Bondalti Chemicals, S.A. to commercialise the sustainable ELi lithium process to produce lithium hydroxide. Continue reading

Mining Review Sunday Update 19th September

Mining Review Sunday Update 19th September

The story of the week again, sadly, was the falling gold price, into the mid 1700’s, due to better than expected US retail figures, and a strengthening US dollar.

Iron ore is another casualty, but for a different reason.  Coking coal is roofing it as supply is tight, bring companies like Colonial Coal into investor focus. Continue reading