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Articles by Altura Mining
Lithium Chloride Market to Reach USD 81.2 Million Ton by
| Source: Fortune Business Insights Companies leading the lithium chloride market are Nippon Chemical Industrial CO., LTD. (Japan), HARSHIL INDUSTRIES (India), Alfa Aesar (China), Honeywell International (U.S.), LEVERTON HELM LTD (U.K.), Suzhou Huizhi Lithium Energy Material Co. Ltd. (China), TOKYO CHEMICALS (Japan), LOBA CHEMIE (India), Altura Mining (Australia), Jiangxi Ganfeng Lithium Co. Ltd. (China) and more players profiled.
Altura announces $305m loan restructure
Altura produces lithium from its Pilgangoora in Western Australia. Photo: Altura Mining facebook twitter linkedin print Lithium producer Altura Mining has received a three-year extension on its existing $244 million loan facility, but at a price of adding 5 per cent to the total loan amount and issuing additional shares to the lenders. To read more, please Login below or Subscribe. For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Ora Banda Mining lifts gold resource by 190%
Ora Banda Mining has increased its Waihai gold resource by 190% to 2.46Mt grading 2.6g/t gold for 206,000 ounces. The company’s total Davyhurst project mineral resource now stands at 23.8Mt grading 2.6g/t gold for just shy of 2m ounces. A swathe of new drilling metres has been ploughed into the broader Davyhurst project in WA with the global resource now sitting at 23.8Mt grading 2.6g/t gold for just shy of 2m ounces.
Mincor, Triton collectively raise $8.5m
Part of Mincor's Kambalda processing facilities. Photo: Mincor facebook twitter linkedin print Mincor Resources has reported a surge of demand for the company’s stock, with a $5 million share purchase plan closing early and oversubscribed, while Titan Minerals has secured $3.5 million for its Peruvian exploration operations. To read more, please Login below or Subscribe. For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Mincor to raise $35m
The proceeds will be used to fund early capital works at Mincor's nickel mines near Kalgoorlie. facebook twitter linkedin print Perth-based Mincor Resources has received commitments to raise $30 million through a placement, backed by major shareholders Andrew Forrest and Independence Group, and is looking to raise a further $5 To read more, please Login below or Subscribe. For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Altura raises $21.5m
Altura says capital raised would go towards funding works at its Altura lithium process plant at Pilgangoora. facebook twitter linkedin print Altura Mining announced it would raise approximately $21.5 million in capital through a rights issue to primarily fund works on its flagship lithium operation in Western Australia. To read more, please Login below or Subscribe. For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Altura achieves strong sales in tough market
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Altura raises $22m
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Altura and Pilbara sign sales deals
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Altura names new major shareholder
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Altura shares leap on production turnaround
Shares in Altura Mining have surged up to 37 per cent since late Wednesday, after it announced positive production results and its struggling former biggest investor sold its remaining stake in the company.
Altura hits commercial production, doubles SPP
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Altura moves closer to production target
Altura Mining has announced it its closer to the production target at its Pilgangoora lithium project, after it made improvements to the processing plant.
Altura directors to fund majority of $28m raising
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Altura to raise $30m
Lithium producer Altura Mining has entered a trading halt, with a plan to raise about $30 million for working capital, a day after it reported production at its Pilgangoora processing plant was improving.
Delays at Altura's Pilgangoora lithium
James Brown with Mines and Petroleum Minister Bill Johnston at Pilgangoora in 2018. facebook twitter linkedin print Processing plant problems at Altura Mining’s Pilgangoora lithium mine have delayed output ramp up, with about 24,000 tonnes of lithium shipped so far from the 220,000tpa facility, nearly six months after production commenced. To read more, please Login below or Subscribe. For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Altura up on offtake deal
Shares in Altura Mining have finished 36 per cent higher today after the lithium producer announced an offtake deal with Chinese company Ganfeng Lithium. Login below or For first time subscribers, our monthly payment starts at $1 + GST for the first month. To read more, pleasebelow or Subscribe For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Altura jumps on offtake deal
Shares in Altura Mining have jumped nearly 30 per cent in early trading, after the lithium producer announced an offtake deal with Chinese company Ganfeng Lithium. Login below or For first time subscribers, our monthly payment starts at $1 + GST for the first month. To read more, pleasebelow or Subscribe For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Texas miner continues local nickel pursuit
Panoramic Resources has agreed to sell the Lanfranchi nickel project for $15 million to Texas-based Black Mountain Metals, showing the American business is still on the hunt for Western Australian nickel opportunities. Login below or For first time subscribers, our monthly payment starts at $1 + GST for the first month. To read more, pleasebelow or Subscribe For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Altura in $US15m debt raise
Lithium producer Altura Mining has secured an additional $US15 million of debt funding to support a second stage expansion and the ongoing ramp up of its Pilgangoora operation, after officially opening the project last week. Login below or For first time subscribers, our monthly payment starts at $1 + GST for the first month. To read more, pleasebelow or Subscribe For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Altura opens WA’s 7th lithium mine
Altura Mining today officially opened its $140 million lithium project in the Pilbara and anticipates its first shipment will leave Port Hedland later this month. Login below or For first time subscribers, our monthly payment starts at $1 + GST for the first month. To read more, pleasebelow or Subscribe For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Altura calls off takeover talks
Altura Mining has decided not to pursue a takeover from its largest shareholder, after its corporate adviser Citigroup began investigating a potential transaction in April.
Kin appoints new CEO
Aspiring gold miner KIN Mining has appointed former Syndicated Metals managing director Andrew Munckton as its new chief executive after former leader Don Harper quit in February.
Altura appoints Citigroup for possible takeover
Altura Mining has appointed Citigroup as its corporate advisor in relation to a potential takeover of the $740 million company from its largest shareholder, Chinese battery manufacturer Shaanxi J & R Optimum Energy.
Altura in takeover talks
Shares in aspiring lithium producer Altura Mining jumped this morning after the company confirmed it was in discussions with its largest shareholder in relation to a ‘potential control transaction’. Login below or For first time subscribers, our monthly payment starts at $1 + GST for the first month. To read more, pleasebelow or Subscribe For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Hot Chili gets high grade copper sniff in Chile
ASX listed Hot Chili’s recently acquired San Antonio copper mine in Chile could be much larger and higher grade than first expected. The company has done a double take on the project following on from its exploration success and the remarkable efforts of small-scale lease miners. Hot Chilli is best-known as the developer of the Productora copper mine in Chile, which has a resource base of 1.5Mt of copper and 1M ounces of gold.
Altura set to double production
Altura Mining has taken the next step to double capacity at its Pilgangoora project, approving a definitive feasibility study for expansion to 440,000 tonnes per annum of lithium concentrate, while confirming shipments from stage one of the mine are due in the second quarter of 2018. Login below or For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Altura raises $26m for lithium project
Lithium-focused Altura Mining has raised $26 million from investors as it prepares for a second-stage development of its flagship project in Pilgangoora. The company raised the funds through the placement of 136.8 million shares at 19 cents each, representing an 8.4 per cent discount to its 30-day volume-weighted average price.
Empire production assets under receivership
Empire Oil and Gas’s Red Gully assets are in the hands of receivers after Mineral Resources last night sent the gas producer a default notice. The facility, located in the Perth Basin, produces about 1 per cent of Western Australia’s domestic gas usage, or 10 terajoules per day. Mineral Resources provided Empire with a $15 million working capital facility in August last year, which gave Mineral first ranking as a creditor over a number of assets held by Empire’s production subsidiary.
Eastern raises $28m for Davyhurst
Eastern Goldfields has announced a $28 million capital raising and share sale facility as it works towards commissioning of its Davyhurst gold operation near Kalgoorlie. Perth-based Eastern said it would raise the funds through the placement of up to 80 million shares at 35 cents each, with a minimum target of $25 million set. The funds raised will be put towards commissioning work at Eastern’s Davyhurst plant, as well as drilling exploration work and for general working capital.
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