Mining

Under the MoU, EcoPro would invest US$20 million for a 20% stake in theSubsidiarythat holds the project, leaving Pursuit with 80% and operational control. A further US$20 million would be provided as advance funding, drawn against agreed development milestones and repaid through future product …

The annual share-price gain places Apollo Minerals (ASX:AON) among the companies with substantial market appreciation. Its operational program, however, remains centred on preparing exploration rather than reporting current production. The next evidence will come from access arrangements, validated geological information and the proposed drilling …

EQ Resources (ASX:EQR) reported September-quarter revenue of AUD 158.8 million, up 101% from AUD 79 million in the June quarter. Quarterly EBITDA was AUD 122.5 million and net profit after tax was AUD 114 million; both figures were unaudited.

Solstice Minerals (ASX:SLS) reported a 41-metre interval grading 2.79% copper and 0.70 grams per tonne gold from 19 metres downhole in reverse-circulation hole NANRC067. Within that interval, 10 metres from 44 metres returned 9.40% copper, 2.13 grams per tonne gold and 23.4 grams per …

Axel and its BrazilianSubsidiaryexecuted a Protocol of Intent with the Minas Gerais State Secretariat of Economic Development and Invest Minas.

ACDC has started a Controlled Source Audio Magnetotellurics geophysical survey to refine the positions of prospective drill holes.

The probable ore reserve increased by approximately 250%, from 125,000 tonnes to 438,000 tonnes of lithium carbonate equivalent.