Pan African expands into Australia, halts Sudan project
It has paid $54.2 million for full ownership of gold junior Tennant Consolidated Mining Group and its 50,000 gold-oz./y project.
With confirmation of the discovery of two strategic minerals, vanadium and graphite, Energizer Resources says it “is now well positioned to move forward to mine development. This confirmation of the significant discovery of graphite, coupled with the Company’s NI 43-101 compliant resource of vanadium, and their respective roles in Green Energy and new cutting-edge products, has now become the catalyst for development. Energizer’s discoveries place it in a unique position within the industrial minerals arena – the ability to provide two strategic minerals from one source. The company also believes that its graphite discovery is the first new discovery globally of this important industrial mineral. The significance of graphite is now being recognised as a result of its use in multiple new applications and outside of China, companies have been focused on reopening past-producing graphite projects to meet anticipated demand.” (more…)
