Mining lithium from geothermal ‘lemonade’ by Elsa Wenzel
If Simbol Mining’s plans work out, within a decade it will deliver one-fourth of the world’s increasing demand for lithium, used in batteries of hybrid and electric cars without creating waste or pollution.
The start-up eventually aims to mine more than 100,000 tons of lithium carbonate each year from geothermal sources. That’s more than the current annual market for the compound; the company expects demands for it to quintuple by 2013.
Current mining methods won’t provide enough for the future need for lithium-ion batteries, according to Meridian Read more
NI 43-101 Technical Report on Its 100% Owned El Toro Polymetallic Project
Lions Gate Energy Inc. announced today that it has completed a National Instrument 43-101 technical report for the Company’s El Toro Polymetallic Project in Telkwa, British Columbia. The report has been prepared by company’s independent geologist Jean Pautler, P.Geo. The 2008 program involved mapping, prospecting, rock and soil geochemical sampling, GPS surveying of previous diamond drill hole collars and underground and surface workings, an evaluation of the property, followed by a 1495 line km airborne magnetic and electromagnetic geophysical survey. Read more
Randgold Resources and Moto Goldmines Limited Complete Business Combination
Randgold Resources Limited and Moto Goldmines Limited are pleased to announce that the court-approved plan of arrangement under Division 5 of Part 9 of the Business Corporations Act to effect the business combination between Moto and Randgold, which was announced on 5 August 2009, has today become effective and that Randgold and AngloGold Ashanti Limited, through their indirect jointly owned subsidiary, 0858065 BC Ltd, now control Moto, having acquired all 111 085 009 outstanding Moto common shares. Read more
Randgold Resources to Move Quickly on Advancing Moto Project
Randgold Resources plans to move swiftly towards a bankable feasibility study on the Moto gold project following the completion today of its business combination transaction with Randgold Resources, chief executive Mark Bristow said.
Moto shareholders earlier voted in favour of the deal in terms of which they will exchange their Moto shares for Randgold shares or cash. Simultaneously, AngloGold Ashanti has acquired a 50percen indirect interest in Moto for cash and Randgold and AngloGold will be jointly responsible for developing the Moto project, which will be operated by Randgold. Read more
Kaulkin Ginsberg and insideARM.com Announce First Virtual Exposition for the Accounts Receivable Management Industry
Randgold Resources Limited and Moto Goldmines Limited are pleased to announce that the court-approved plan of arrangement under Division 5 of Part 9 of the Business Corporations Act to effect the business combination between Moto and Randgold, which was announced on 5 August 2009, has today become effective and that Randgold and AngloGold Ashanti Limited, through their indirect jointly owned subsidiary, 0858065 BC Ltd, now control Moto, having acquired all 111 085 009 outstanding Moto common shares. Read more
Randgold Resources to Move Quickly on Advancing Moto Project
Randgold Resources plans to move swiftly towards a bankable feasibility study on the Moto gold project following the completion today of its business combination transaction with Moto Goldmines Limited, chief executive Mark Bristow said.Moto shareholders earlier voted in favour of the deal in terms of which they will exchange their Moto shares for Randgold shares or cash. Simultaneously, AngloGold Ashanti has acquired a 50percen indirect interest in Moto for cash and Randgold and AngloGold will be jointly responsible for developing the Moto project, which will be operated by Randgold. Moto owns a 70percen stake in the Moto Gold project. Read more
