Lithium Corporation is an exploration company based in Nevada devoted to the exploration for new lithium resources within the state of Nevada. The Company explores and develops potentially economic lithium-enriched brine fields, with an eye to becoming a long-term producer of this increasingly strategic and economically important commodity.
The price for uranium climbed 4 percent to reach $53.75 per pound, an increase of $2.00 from the spot price for uranium last week. Purchasers of uranium resources over the course of last week have seen demands met with consistently higher prices as the week concluded.
Continental Gold Limited (TSE:CNL) reports results for nineteen diamond drill-holes from its ongoing program at its Buriticá project in Antioquia, Colombia.
Reuters Africa reports that China has ordered local governments to cut a total 2.04 million tonnes of aluminium, copper, lead and zinc smelting capacity in 2011.
Gold prices have rallied to record highs, supported by their “safe haven” appeal for investors seeking shelter from economic uncertainty and a means to guard against inflation.