Westgold [ASX:WGX] Delivers Gold Production Record at Bluebird
Established Australian gold producer Westgold has announced a new record for monthly gold production, with its May result showing up an 8% increase on April’s production.
Established Australian gold producer Westgold has announced a new record for monthly gold production, with its May result showing up an 8% increase on April’s production.
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Established gold miners, Perseus, Ramelius and Red 5 each had differing updates for the ASX this morning, resulting in an equally varied display of share price movements with Red coming out on top.
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Novonix has signed an agreement with LGS for a joint research and development of artificial graphite anode material, and issues US$30 million ($45 million) unsecured convertible notes.
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Mining group Perenti Global says it’s now expecting revenue to be $2.9 billion in FY23, whereas previously it had expected revenue to be in the range of $2.8 billion–$2.9 billion.
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Evolution Mining put out its Investor Presentation earlier this morning and said it now has approved capital investment of $250 million to expand its Mungari plant in WA.
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Aluminium group Alpha HPA announces an expansion of synthetic sapphire glass agreements with commercial partner Ebner Group, with both companies agreeing to further scale-up production and marketing.
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Lithium Energy’s Corella drill program has uncovered up to 27.4% total graphitic carbon for its maiden resource. Solaroz’s first-pass diamond drilling program has also proven success, with massive intervals of lithium-rich brine found throughout three rigs.
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European Lithium has teamed up with Saudi Arabia’s Obeikan Group for a 50% stake in a new lithium processing plant, which will convert European Lithium’s Wolfberg concentrate into lithium hydroxide.
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Heavy mineral concentrate miner Strandline has shipped its biggest load of critical minerals, which had a total value of $12 million CIF priced for the grand total of 11,000 tonnes. The company’s export volume has now reached a total of 57,000 heavy mineral concentrate since November last year.
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Vulcan Energy has signed its fourth deal with European vehicle manufacturer Stellantis, agreeing to supply renewable energy to the carmaker’s Mulhouse plant in France.
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