By Jocelyn Aspa
Largo Resources (TSX:LGO) has announced it has achieved a new monthly production record at its Maracas Menchen Mine during September, having produced 806 tonnes of vanadium pentoxide, surpassing its previous monthly production record of 801 tonnes in June 2016.
As quoted in the press release:
“Largo continues to be focused on achieving
Vancouver, British Columbia / TheNewswire / August 22, 2016 — Anfield Resources Inc. (TSXV:ARY,OTCQB:ANLDF), is pleased to announce that it has entered into a letter of intent (“LOI”) with Aileron Ventures Ltd. (“Aileron”) to identify and exploit the potential of the contained vanadium by-product resulting from the uranium production of
Other top gainers were Reservoir Capital, Sandspring Resources, Atacama Pacific Gold and Largo Resources.
Mining Weekly reported that Bushveld Minerals (LSE:BMN) is not deterred from developing its 300 million tonnes Mokopane vanadium project despite current low price environment. The company said it sees potential for the use of vanadium in the steelmaking process as well as for vanadium redox flow batteries (VRFBs).
TNG announced that it has signed a binding life of mine (LOM) offtake agreement with Korea’s Woojin for vanadium products from the Mount Peake vanadium-titanium-iron project in the Northern Territory.
VanadiumCorp Resource Inc. (TSXV:VRB) announced that a potential strategic partner will visit the Lac Dore vanadium project site in September, 2015, along with management and IOS Geoscientifique Inc. A meeting in Beijing, China, has also been scheduled with Vanadiumcorp management within the same week.
Largo Resources Ltd. (TSXV:LGO)announced actual production costs for the month of March were US $3.91 per pound of vanadium pentoxide at its Maracas Menchen Mine Project in Bahia, Brazil.
TNG Ltd. (ASX:TNG) announced that it has signed an agreement with Korea-based ferrovanadium producer Woojin Industrial Co. Ltd. (WJN) for the sale of up to 60 percent of the vanadium from its flagship Mount Peake vanadium-titanium-iron project.
The Prospectors & Developers Association of Canada (PDAC) conference runs from March 1-4, 2015 at the Metro Toronto Convention Centre in downtown Toronto. Connect with credible resource companies using our advanced guide to the show.
Credit Suisse Analyst Michael Slifirski sees something a lot bigger than a zero-sum game in minerals. In this interview with The Mining Report, he explains how a steady source of graphite and vanadium from outside China could create whole new markets for energy storage and aluminum anodes.
Mining Weekly reported that a concept study completed by Yellow Rock Resources Ltd. (ASX:YRR) shows that bringing its Gabanintha vanadium project into production will cost AU$230 million.
Largo announced today that it has achieved first production at its Maracas project, marking what President and CEO Mark Brennan is calling the “most significant milestone in the Largo’s history.”
By Vivien Diniz
It’s full steam ahead for Largo Resources, whose sights are set on production in the very near term at the Maracas vanadium project in Brazil.
Uranium Energy Corp. (NYSEMKT:UEC) announced results of a Preliminary Economic Assessment for the Slick Rock Project in Colorado showing a pre-tax Internal Rate of Return of 33% and a post-tax IRR of 29%, a pre-tax Net Present Value, at a discount rate of 10%, of $43.8 million and a post-tax
Largo Resources Ltd. (TSXV:LGO) announced yesterday that construction of its Maracas vanadium project is now 99.8 percent complete, with all systems either commissioned or in the final stages of commissioning.
Atlantic Ltd. (ASX:ATI) announced in a corporate update that it could take about nine months to rebuild a beneficiation plant damaged earlier this month in a fire at its Windimurra operation. Ramping production up to its pre-fire level will happen within the same time frame.
AMM.com reports that Atlantic Ltd. and its subsidiary, Midewest Vanadium Pty Ltd., have reported a “substantial increase in vanadium production” at the Windimurra Mine in Western Australia, though ferrovanadium output has been impacted by mechanical issues.