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Mining
All your ASX lithium news, Wednesday March 15.
A ban on lithium ore exports in Zimbabwe has resulted in 2Mt of ore being stockpiled, with pressure now mounting on President Mnangagwa to review the sanction as it threatens the viability of operations in the Southern African country.
According to reports, the Zimbabwe Miners Federation (ZMF) has written to President Mnangagwa asking for a 6-month moratorium on ‘Statutory Instrument 5 of 2023 – Base Minerals Export Control (Unbeneficiated Base Mineral Ores)’.
In the letter seen by Bloomberg, ZMF president Henrietta Rushwaya says the ban has impacted small and medium scale miners and has prejudiced standing offtake agreements between miners and international buyers.
The demand for lithium is rising as it has become a critical component needed in electric vehicle batteries. That’s where lithium-rich countries like Zimbabwe come in. https://t.co/t9cscnGPqZ pic.twitter.com/s6XLNzn2Pk
— CNBC (@CNBC) March 11, 2023
| CODE | COMPANY | PRICE | % TOADY | MARKET CAP |
|---|---|---|---|---|
| TKL | Traka Resources | 0.006 | 20% | $3,613,873 |
| G88 | Golden Mile Res Ltd | 0.019 | 19% | $3,273,436 |
| THR | Thor Energy PLC | 0.0045 | 13% | $5,912,451 |
| BMM | Balkanminingandmin | 0.28 | 12% | $11,193,004 |
| ZEO | Zeotech Limited | 0.058 | 12% | $85,316,695 |
| WCN | White Cliff Min Ltd | 0.01 | 11% | $7,056,490 |
| AX8 | Accelerate Resources | 0.023 | 10% | $7,929,637 |
| AML | Aeon Metals Ltd. | 0.024 | 9% | $24,120,814 |
| CTN | Catalina Resources | 0.006 | 9% | $6,811,678 |
| MTM | Mtmongerresources | 0.12 | 9% | $7,783,627 |
| QXR | Qx Resources Limited | 0.0335 | 8% | $27,802,732 |
| A11 | Atlantic Lithium | 0.44 | 7% | $248,354,081 |
| RGL | Riversgold | 0.016 | 7% | $14,182,016 |
| EVR | Ev Resources Ltd | 0.016 | 7% | $14,039,761 |
| 1MC | Morella Corporation | 0.0085 | 6% | $48,788,644 |
| LIS | Lisenergylimited | 0.255 | 6% | $39,819,405 |
| LNR | Lanthanein Resources | 0.017 | 6% | $17,945,209 |
| VSR | Voltaic Strategic | 0.017 | 6% | $4,916,803 |
| ASN | Anson Resources Ltd | 0.2225 | 6% | $255,959,988 |
| CZL | Cons Zinc Ltd | 0.018 | 6% | $8,200,083 |
| LLI | Loyal Lithium Ltd | 0.28 | 6% | $15,764,850 |
| BYH | Bryah Resources Ltd | 0.019 | 6% | $5,062,563 |
| KGD | Kula Gold Limited | 0.019 | 6% | $6,501,815 |
| RDT | Red Dirt Metals Ltd | 0.385 | 5% | $162,391,234 |
| INR | Ioneer Ltd | 0.31 | 5% | $619,009,789 |
| TEM | Tempest Minerals | 0.023 | 5% | $11,143,063 |
| BNR | Bulletin Res Ltd | 0.095 | 4% | $26,716,790 |
| GL1 | Globallith | 1.37 | 4% | $280,322,832 |
| WC8 | Wildcat Resources | 0.029 | 4% | $18,536,636 |
| TON | Triton Min Ltd | 0.03 | 3% | $40,100,741 |
| STM | Sunstone Metals Ltd | 0.031 | 3% | $78,613,393 |
| AUN | Aurumin | 0.032 | 3% | $5,541,505 |
| LLL | Leolithiumlimited | 0.48 | 3% | $458,795,464 |
| SGQ | St George Min Ltd | 0.065 | 3% | $52,755,290 |
| MXR | Maximus Resources | 0.033 | 3% | $10,209,785 |
| KAI | Kairos Minerals Ltd | 0.017 | 3% | $32,407,543 |
| PSC | Prospect Res Ltd | 0.19 | 3% | $85,518,000 |
| LTR | Liontown Resources | 1.455 | 2% | $3,121,805,579 |
| MLS | Metals Australia | 0.042 | 2% | $24,888,484 |
| JRL | Jindalee Resources | 2.6 | 2% | $145,742,574 |
| AM7 | Arcadia Minerals | 0.22 | 2% | $10,040,047 |
| AZL | Arizona Lithium Ltd | 0.051 | 2% | $122,125,232 |
| PAT | Patriot Lithium | 0.26 | 2% | $15,462,563 |
| DAL | Dalaroometalsltd | 0.06 | 2% | $1,762,625 |
| KTA | Krakatoa Resources | 0.0315 | 2% | $10,686,007 |
| RIO | Rio Tinto Limited | 118.965 | 1% | $43,625,329,469 |
| ESS | Essential Metals Ltd | 0.475 | 1% | $125,756,346 |
| GLN | Galan Lithium Ltd | 1.065 | 1% | $323,795,752 |
| EMH | European Metals Hldg | 0.605 | 1% | $75,598,447 |
| IGO | IGO Limited | 12.375 | 1% | $9,321,966,778 |
| LKE | Lake Resources | 0.5425 | 0% | $766,770,140 |
| MIN | Mineral Resources. | 80.1 | 0% | $15,376,151,857 |
| ADV | Ardiden Ltd | 0.007 | 0% | $18,818,347 |
| AVZ | AVZ Minerals Ltd | 0.78 | 0% | $2,752,409,203 |
| CXO | Core Lithium | 0.86 | 0% | $1,595,314,443 |
| INF | Infinity Lithium | 0.1 | 0% | $46,259,209 |
| LIT | Lithium Australia | 0.037 | 0% | $45,184,092 |
| LPI | Lithium Pwr Int Ltd | 0.295 | 0% | $185,583,780 |
| RLC | Reedy Lagoon Corp. | 0.006 | 0% | $3,400,318 |
| SYA | Sayona Mining Ltd | 0.215 | 0% | $1,906,979,796 |
| ARN | Aldoro Resources | 0.23 | 0% | $25,969,833 |
| CHR | Charger Metals | 0.285 | 0% | $12,458,595 |
| AAJ | Aruma Resources Ltd | 0.057 | 0% | $8,946,806 |
| PAM | Pan Asia Metals | 0.34 | 0% | $52,735,901 |
| AS2 | Askarimetalslimited | 0.5 | 0% | $24,748,765 |
| EMS | Eastern Metals | 0.062 | 0% | $2,421,994 |
| FG1 | Flynngold | 0.081 | 0% | $8,332,756 |
| FRS | Forrestaniaresources | 0.098 | 0% | $5,967,348 |
| GSM | Golden State Mining | 0.037 | 0% | $4,329,526 |
| LRV | Larvottoresources | 0.14 | 0% | $9,415,661 |
| MMC | Mitremining | 0.22 | 0% | $7,916,722 |
| RAG | Ragnar Metals Ltd | 0.015 | 0% | $5,687,773 |
| TMB | Tambourahmetals | 0.085 | 0% | $3,501,371 |
| WML | Woomera Mining Ltd | 0.012 | 0% | $11,473,935 |
| LRS | Latin Resources Ltd | 0.11 | 0% | $242,182,041 |
| AZI | Altamin Limited | 0.069 | 0% | $27,028,456 |
| ENT | Enterprise Metals | 0.008 | 0% | $5,640,646 |
| AVW | Avira Resources Ltd | 0.003 | 0% | $6,401,370 |
| RMX | Red Mount Min Ltd | 0.004 | 0% | $9,087,404 |
| MRR | Minrex Resources Ltd | 0.027 | 0% | $29,291,423 |
| A8G | Australasian Metals | 0.135 | 0% | $5,558,017 |
| MQR | Marquee Resource Ltd | 0.024 | 0% | $7,852,980 |
| SRZ | Stellar Resources | 0.011 | 0% | $11,050,940 |
| LSR | Lodestar Minerals | 0.0045 | 0% | $7,822,968 |
| NWM | Norwest Minerals | 0.034 | 0% | $7,551,651 |
| AOA | Ausmon Resorces | 0.005 | 0% | $4,846,447 |
| VKA | Viking Mines Ltd | 0.01 | 0% | $10,252,584 |
| IPT | Impact Minerals | 0.009 | 0% | $22,332,335 |
| VMC | Venus Metals Cor Ltd | 0.15 | 0% | $26,711,802 |
| ZNC | Zenith Minerals Ltd | 0.205 | 0% | $72,099,739 |
| RAS | Ragusa Minerals Ltd | 0.088 | 0% | $12,548,693 |
| EPM | Eclipse Metals | 0.016 | 0% | $32,448,957 |
| MNS | Magnis Energy Tech | 0.315 | 0% | $305,654,417 |
| MM1 | Midasmineralsltd | 0.15 | 0% | $8,569,765 |
| M2R | Miramar | 0.048 | 0% | $3,392,724 |
| WMC | Wiluna Mining Corp | 0.205 | 0% | $74,238,031 |
| ALY | Alchemy Resource Ltd | 0.015 | 0% | $17,671,144 |
| GW1 | Greenwing Resources | 0.24 | 0% | $35,582,128 |
| TYX | Tyranna Res Ltd | 0.021 | 0% | $50,534,932 |
| DAF | Discovery Alaska Ltd | 0.03 | 0% | $6,727,041 |
| FTL | Firetail Resources | 0.12 | 0% | $7,800,000 |
| IR1 | Irismetals | 1.16 | 0% | $74,506,800 |
| TKM | Trek Metals Ltd | 0.07 | 0% | $25,476,156 |
| OCN | Oceanalithiumlimited | 0.34 | 0% | $12,380,760 |
| CMD | Cassius Mining Ltd | 0.033 | 0% | $13,480,266 |
| LLO | Lion One Metals Ltd | 0.9 | 0% | $10,808,067 |
| PLS | Pilbara Min Ltd | 3.655 | 0% | $10,972,729,480 |
| WES | Wesfarmers Limited | 48.7 | 0% | $55,429,549,930 |
| LEL | Lithenergy | 0.65 | -1% | $39,398,250 |
| NMT | Neometals Ltd | 0.635 | -1% | $353,754,353 |
| PLL | Piedmont Lithium Inc | 0.8425 | -1% | $367,862,150 |
| PGD | Peregrine Gold | 0.41 | -1% | $16,091,164 |
| WR1 | Winsome Resources | 1.63 | -1% | $267,353,653 |
| AKE | Allkem Limited | 10.545 | -1% | $6,810,188,358 |
| IMI | Infinitymining | 0.1775 | -1% | $13,766,097 |
| DRE | Dreadnought Resources Ltd | 0.066 | -1% | $220,679,791 |
| AGY | Argosy Minerals Ltd | 0.6 | -2% | $856,688,574 |
| CAI | Calidus Resources | 0.235 | -2% | $105,492,202 |
| TUL | Tulla Resources | 0.23 | -2% | $50,019,386 |
| NVA | Nova Minerals Ltd | 0.43 | -2% | $92,791,501 |
| PNN | Power Minerals Ltd | 0.39 | -3% | $28,898,337 |
| EUR | European Lithium Ltd | 0.068 | -3% | $104,246,742 |
| VUL | Vulcan Energy | 6.12 | -3% | $903,642,396 |
| GT1 | Greentechnology | 0.67 | -3% | $131,609,491 |
| SCN | Scorpion Minerals | 0.063 | -3% | $22,470,902 |
| AOU | Auroch Minerals Ltd | 0.047 | -3% | $20,750,489 |
| CY5 | Cygnus Metals Ltd | 0.3 | -3% | $57,001,006 |
| KZR | Kalamazoo Resources | 0.14 | -3% | $21,723,809 |
| QPM | Queensland Pacific | 0.105 | -5% | $192,098,271 |
| CRR | Critical Resources | 0.04 | -7% | $68,574,459 |
| LRD | Lordresourceslimited | 0.195 | -7% | $6,991,345 |
| LPD | Lepidico Ltd | 0.012 | -8% | $99,291,032 |
| SRI | Sipa Resources Ltd | 0.023 | -8% | $5,703,953 |
| EFE | Eastern Resources | 0.011 | -8% | $14,903,358 |
| EMC | Everest Metals Corp | 0.077 | -9% | $9,046,814 |
| DTM | Dart Mining NL | 0.038 | -12% | $6,691,684 |
| XTC | Xantippe Res Ltd | 0.005 | -17% | $63,480,598 |
50 lithium companies finished in the green, 58 fell flat, and 29 ended in the red zone.
Recharge Metals has entered into a binding agreement to acquire a lithium project in Canada’s James Bay region called Express.
The James Bay region is developing into one of the most endowed lithium terranes in the world and REC managing director Felicity Repacholi-Muir says the company looks forward to unlocking the lithium potential at the Express project site.
DG Resource Management (DGRM), the vendor of the Express Lithium Project, previously identified, acquired, and vended the potentially world-class Corvette Property, owned by Patriot Battery Metals (ASX:PMT).
DGRM will retain significant exposure to Express via its 18.8% shareholding in Recharge following completion of the acquisition.
Azure’s lithium-focused drilling program at its Andover project in WA’s West Pilbara region is off to a good start with the first holes intersecting substantial widths of spodumene-bearing pegmatite.
Holes ANDD0201 and ANDD0202 intersected 22m and 27m of pegmatite from down-hole depths of 187m and 197.4m respectively, indicating that the pegmatite dips shallowly to the north.
Infinity Mining has recommenced lithium exploration at South Tambourah with recent assay results returning up to 3.86% Li20 and confirming more lithium bearing pegmatites.
In addition to high grade lithium, the geochemistry of rock chip samples returns strongly elevated levels of caesium, tantalum, rubidium and niobium.
This points to the highly fractioned nature of the pegmatites and their prospectivity for lithium mineralisation.
Ongoing work at Tambourah will involve an Ambient Noise Tomography (Passive Seismic) survey with an aim to map the pegmatites at depth, identify any concealed flat lying pegmatite bodies and map possible host geology and structures.
Lithium and pathfinder elements have been identified in Pure Resources’ first ever sampling program at the Laforge Lithium Project in Quebec, Canada.
Pure’s executive chairman Patric Glovac says the early results support the board’s view on the prospectivity of the project.
The company will now conduct a mineralogy program to determine the spodumene content of all samples it collects across its program.
Whilst greenfields in nature, Laforge is situated in the same geological province and exhibits analogous rock types, structural setting, and geophysical properties as observed at the Corvette lithium trend.
Prospech has assembled a portfolio of lithium, REE and precious metals projects in Northern and Eastern European jurisdictions that are highly supportive of mining.
The company says in addition to imminently planned drilling at the Kolba project, it has submitted applications that, when granted, will increase the Kolba exploration licence area by 3.8 times along strike of known mineralisation.
At Stockhead we tell it like it is.
While Azure Minerals is a Stockhead advertiser, they did not sponsor this article.
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