First Mining releases PFS on open pit development at Springpole

Document proposes replacing the road connecting the mine to a port with a railway, to reduce dust and sediment in the water.

Canadian company is focused on unlocking the value of existing large-scale US based lithium bearing brine resources that can be brought into production quickly.

Strategic location.

Company is said to have hired Credit Suisse to conduct an auction of its 58.7% interest in IOC.

Canada will consider a safeguard action on seven steel products to protect domestic producers from imports since the United States imposed tariffs in March.

The project is made up of five contiguous exploration permits and has a historic gold production of around 40,000 ounces of gold, mined between 1985 and 1996.

The $87.5-million deal is the latest Chinese acquisition of a lithium project in South America, following Tianqi Lithium’s decision to buy 24% of SQM for $4.1 billion, which has not yet been approved by Chile’s antitrust regulator.

It also recorded an impairment charge of $31.7 million, or $20.5 million net of tax, related to placing the La Guitarra mine on care and maintenance.

Orosur says that the scarcity of alternative sources of ore at its Uruguayan project is resulting in financial liquidity constraints.