American Lithium said a maiden Preliminary Economic Assessment (PEA) for the Tonopah Lithium Claims (TLC) project in Nevada has demonstrated its potential to become a substantial, long-life producer of low-cost lithium carbonate with the potential to produce either battery-grade LCE or lithium hydroxide. Completed jointly by DRA Global and Stantec Consulting, the PEA base case envisions an initial 4.4 million…
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Excellon to bring life back to La Negra
Excellon Resources has entered into a definitive agreement to acquire the permitted, past-producing La Negra Mine in Mexico from Dalu S. à r.l. for an aggregate consideration of up to US$50 million. Located in the state of Querétaro, La Negra has a historical production averaging 3.0 million silver-equivalent ounces annually. The mine was placed on care-and-maintenance in March 2020 due…
Read MoreAEMA honors Cactus mine revitalization efforts
The American Exploration & Mining Association (AEMA) has presented Arizona Sonoran Copper and the Arizona Department of Environmental Quality (ADEQ) with the 2022 Award for Environmental Excellence for the duo’s efforts to revitalize the Cactus mine. Previously known as the Sacaton mine, the Cactus mine is located in Arizona at the convergence of three major geologic zones in western Pinal…
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