Articles for tag: Chinese, Firebird, key, Manganese, permit, plant, receives, sulphate

May 29, 2024

Ron Finklestien

mining

Firebird receives first key permit for Chinese manganese sulphate plant

Efficient receipt of the safety permit and advanced status of remaining key permits highlights the strong in-country support Firebird has to establish itself as a key high-purity manganese sulphate producer, the company said in a news release. In China, there are a total of eight major permits required for construction and operation. Once all permits are obtained, and following a final investment decision (FID), which is anticipated to be made in H2 2024, Firebird is expected to immediately begin construction of the sulphate plant. According to a feasibility study released earlier this month, the project has a projected capex of

April 19, 2024

Ron Finklestien

mining

The Path of Gold: Reunion Gold Strikes Deal with Guyana Government

A Step Forward in Guyana In a momentous move, Reunion Gold has taken strides towards solidifying its presence in northwest Guyana. The company is gearing up for a crucial construction decision, with an eagerly anticipated preliminary economic assessment slated for mid-year. This pivotal development signals a significant de-risking phase in the journey towards realizing the Oko West project. Rick Howes, the CEO, underscored the unwavering support from the government of Guyana as they navigate the project’s development landscape. Discovery and Confirmation Unearthed during Reunion’s inaugural drill program in 2021, Oko West sits snugly to the south of the revered “Oko”

March 20, 2024

Ron Finklestien

mining

Perseus New Offer – OreCorp The Battle for OreCorp: Perseus Woos Shareholders with Enhanced Offer

Perseus Surpasses Silvercorp Perseus has solidified its position as the major stakeholder of OreCorp, holding 22.01% of the share capital. A recent acquisition of an additional 2.11% has positioned Perseus ahead of Silvercorp, who currently owns 21.11%. New Proposal Emerges OreCorp, in response to Perseus’ latest offer, has notified Silvercorp of what is deemed a “superior proposal,” adhering to the bid implementation deed signed between the companies in December 2023. Silvercorp now has five business days to counter. Strong Shareholder Support Major shareholders Tim Goyder and Nick Giorgetta, collectively holding approximately 15.6% of OreCorp shares, have expressed intent to accept