“Absolutely broken” promises for Lithium Triangle’s indigenous communities
The demand for lithium should have brought wealth to the indigenous communities of South America.
Latest edition: 26 July 2024
Latest edition: 26 July 2024
The demand for lithium should have brought wealth to the indigenous communities of South America.
The company's underlying earnings before interest, taxes, depreciation and amortisation (EBITDA) were $4.98bn ($3.87bn) in the first half (H1) of 2024, down by 3% from $5.11bn a year ago.
Earlier this year, Enami launched its search for a partner to develop the Altoandinos lithium project.
Teck Resources made the investment as part of Fremont Gold’s non-brokered private placement.
The Phase I drilling, comprising 16 diamond drill-holes, aims to reach an average depth of 400m per hole.
The mine is expected to have a processing capacity of 1,000 tonnes per day (tpd).
Mosaic will issue three million shares to Iamgold and grant the miner a 2% royalty.
Minrex has incurred exploration expenditure on exploration licence 7423 (EL 7423), which covers the Queenslander and Spring Gully gold projects.
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