The New Money’s Post

European Lithium Limited (ASX:EUR) Chairman Tony Sage says the acquisition shows the company’s commitment to expand in the European lithium sector. Read more here. https://lnkd.in/gmCyNFgj #miningnews #lithium #asx #acquisition #europe

Atlantic Lithium Limited (AIM:ALL, OTCQX:ALLIF, ASX:A11) announced on Tuesday that its funding partner Piedmont Lithium (ASX:PLL, OTC:PLLTL) is merging with Aussie-listed Sayona Mining  After the merger is closed, the new entity will be in charge of US$70 million in funding towards the development expenditure of Atlantic’s flagship Ewoyya project in Ghana. The proposed merger, according to Atlantic, “will not only significantly de-risk the funding of the project towards production, but also extend the project's exposure globally, notably in North America and Australia, including to potential offtakers”. It follows a recent $10 million funding round through a share subscription backed by major shareholder Assore to help move the project towards a Final Investment Decision. More at #Proactive #ProactiveInvestors http://ow.ly/l5eE105Q0GS

📉 Leadership transitions can make waves in the stock market, and Core Lithium Ltd is no exception. With the announcement of Paul Brown as the new CEO, the company's shares dipped by 6%. Brown's appointment follows the interim term of Doug Warden after former CEO Gareth Manderson stepped down. Despite an impressive 25-year track record in Australian resources, investors have taken a cautious stance amidst the volatile lithium market. While the All Ordinaries Index climbed 0.6%, Core Lithium's shares dropped by 6.2%, reflecting market nervousness. It's a critical moment for the company as they gear up to restart the Finniss Lithium Project. As investors keep a keen eye on the incoming CEO's strategic moves, there's hope that Brown’s experience will reignite shareholder confidence and navigate through tough market conditions. 🏭💼 Stay updated on the developing story here: https://lnkd.in/gyNBEvu8 #CoreLithium #LeadershipChange #LithiumMarket #InvestmentInsights #MarketTrends #CEOAppointment #MiningSector

European Lithium Limited (ASX:EUR) Chairman Tony Sage says the acquisition shows the company’s commitment to expand in the European lithium sector. Read more here. https://lnkd.in/gmCyNFgj #miningnews #lithium #asx #acquisition #europe

Anglo American has closed its corporate investment unit, Decarbonisation Ventures, as part of the wide-ranging restructuring at the troubled mining company. Decarbonisation Ventures had made investments in 13 #startups working on technologies related to the #sustainability transition. Anglo American will retain its stake in these but the investments will now be managed by the iron ore commodity marketing team. Read the full story here: https://lnkd.in/e3dcR4eS #CVC #VC #investment

Do you know what the average duration from the discovery of #MineralResources to production is? Based on data from Statista, the global average duration from discovery to production was approximately 16.9 years between 2010 and 2019. This week, we investigate whether there is a correlation between acquisitions and the average lead time from discovery to production. “Is there a correlation between acquisitions and the average lead time from discovery to production?” download link: https://bit.ly/3RiFonN Let us know your thoughts in the comments section. Stay tuned to VBKOM for the next two weeks as we conclude our in-depth exploration of #DueDiligence Exercises in the #MiningIndustry. #MiningInsight #VBKOM

I don't want to own the equity of #energy, #mining and #resources companies which are 'cum' major amounts of capex. The 'klondike' is seemingly forcing many to acquire (to replace/replenish resources) or develop and build at any cost. What's wrong with expanding with existing cash flows or leaving a resource in situ until your respective and underlying market prices improve? The answer to that includes executives needing make career legacy acquisitions and the stock market requiring them to produce, build or extract throughout each quarterly (or half-yearly) result. I think you'll see recent M&A deals turn out to be a terrible return on investment. July 23, 2024 by Rob Zdravevski rob@karriasset.com.au #commodities

Latitude 66 Limited (ASX:LAT) Managing Director Grant Coyle says the sale boosts funding for the company’s future exploration and development activities in Northern Finland. https://buff.ly/3BDoLOt #gold #acquisition #australia #miningnews #asx

Rio Tinto has finalized an agreement to purchase Arcadium Lithium just after officially announcing their interest, signaling a pivotal development for the lithium sector. Discover more about the deal and the industry's response in this Fastmarkets article: https://fmrkts.com/3OxypVN #Lithium #Acquisition #Fastmarkets

HeLIX Exploration PLC (LSE:HEX) shares have begun trading on London’s AIM market, rising quickly in early deals to a premium-priced debut. It comes after the company’s oversubscribed IPO saw high investor demand. Helix raised £7.5 million in the equity raise, despite its brokers garnering an order book in excess of £22 million during the placing process. Early indications from Tuesday's market debut suggests demand remains, with the share trading beginning at 12.25p apiece. The placing shares were priced at 10p each, which before today’s listing valued the company at £12.2 million. The excitement lies in the nature of the opportunity for helium exploration and development in Montana, USA, which the directors intend to monetise in the long term to become a strategic producer of helium. More at #Proactive #ProactiveInvestors http://ow.ly/ZGah105oVEM