Mining Geek
@mining_geek2
All things related to minerals and mining.
Lake Resources surges ahead! 🚀 Confirms a massive 250% boost in lithium resource at Kachi project in Argentina. Now at 7.3 million tonnes of lithium carbonate equivalent. 💼 Exciting times for clean lithium extraction! 🌐 @Lake_Resources #Mining #MiningNews #asxnews
Adriatic Metals (ASX: ADT) has overcome a delivery-related delay to produce its first concentrate from the Vares silver project in Bosnia and Herzegovina. #ASX #mining
Australian diversified mining company South32 (ASX: S32) has agreed to divest its Illawarra Metallurgical Coal project in New South Wales to an entity owned by Golden Energy and Resources and M Resources for up to $2.5 billion. #mining #miningnews #ASX
"Elliott Investment Management, armed with a multi-billion dollar war chest, sets sights on global mining sector. Forming Hyperion arm under former Newcrest Mining CEO Sandeep Biswas to pursue $1.5B mining assets. Focus on critical minerals for clean energy. #Mining #Investment"
"Galan Lithium ($GLN.ASX) makes strides towards Hombre Muerto West lithium project's first production in 2025. Construction milestones achieved, including brine evaporation commencement. Robust project outlook with Glencore's due diligence ongoing. #lithium #mining #ASX"
Boss Energy expands global uranium footprint with 30% stake in Alta Mesa ISR project in Texas, adding to its production and growth outlook. Acquisition completed for $92M, alongside progress at Honeymoon mine in South Australia. Uranium spot prices currently at $123/pound.
"Classic Minerals ($CLZ.ASX) gears up for expansion at Forrestania gold project with a mining lease application for Lady Ada and Lady Magdalene areas. Plans include processing ore from deposits with estimated 311,050 oz of gold. Feasibility study underway. #mining #gold #ASX"
Newmont Corp ($NEM) to divest assets, cut jobs post Newcrest buy. Plans $2B cash realization and $1B debt reduction. Shares down 7% on impairment charge and lower production outlook. #Gold #Mining #Investing
Exciting news as BPH Energy investee company Clean Hydrogen Technologies advances from proof of concept to production, offering a clean and profitable solution in the race for sustainable hydrogen production. #CleanEnergy #Hydrogen #ASX
📈 Mitre Mining (ASX: MMC) gears up for major strides at Cerro Bayo silver-gold project in Chile after wrapping up acquisition. With $2.6m cash and $6m incoming, the company eyes rapid resource growth through maiden drilling campaign. #Mining #Chile #Silver #Gold @MitreMining
🚨 Tragic developments in Turkey as authorities detain company director amid inquiry into gold mine landslide that left 9 missing. Environmental concerns escalate as experts warn of potential hazards. SSR Mining shares plummet over 50%. #miningnews #miningmachine #miningcompany
This Machine is Revolutionizing Underground Mining! #miningnews #miningmachine #miningcompany #miningmachinery #miningindustry #heavymachinery #heavymachines #undergroundmining #miningequipment
"🔋 Premier1 Lithium ($PLC) kicks off drilling at Abbotts North, targeting lithium-rich pegmatites in WA's premier hard rock lithium jurisdiction. With machine learning-driven exploration, they're unlocking unrecognised potential in greenstone belts. #lithium #mining #ASX"
"🚀 Exciting news as Metals Acquisition ($MAC) debuts on ASX with a $1.18B market cap after raising $325M in IPO. Their CSA copper mine acquisition and growth plans highlight a strong start for Australia's largest mining listing since 2021. #mining #ASX"
RareX (ASX: REE) advances Cummins Range project while exploring new rare earth opportunities globally, eyeing Canada and Saudi Arabia. Leveraging potential growth amidst current market dynamics. #RareEarths #Mining #Exploration @rarex_asx
Tambourah Metals expands Russian Jack lithium project with acquisition of three strategic tenements, unlocking additional exploration potential in WA's Pilbara region. #Mining #Exploration #Lithium $TMB @TambourahM #ASX #ASXNews
Exciting news from CGN Resources as they launch an ambitious exploration program in WA's West Arunta region, targeting base metals and rare earth elements. Fully funded and ready to uncover new opportunities! #Mining #Exploration #WA $CGR @CGNResources #ASX #ASXNews
📈 South32 (ASX: S32) makes a $3.3 billion investment in Taylor mine, marking a significant move towards critical minerals production. With potential to become a top-10 global zinc producer, this development aligns with global decarbonization efforts. 💰 #mining #ASX @South_32
Nova Minerals (ASX: NVA) strikes gold in Alaska! Latest exploration reveals high-grade finds at Tomahawk & Trundle prospects with gold grades up to 20.9g/t. With over 20 mineralized prospects identified, the future looks promising! 💰 #gold #mining #ASX $NVA @novaminerals
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