Nova Mining Corp.: According to Bloomberg Businessweek on Wednesday, in an article titled: IPad Boom Strains Lithium Supplies After Prices Triple - the article says "Investors from JPMorgan Chase & Co. to BlackRock Inc. are trying to make money from the exploding popularity of iPads and increasing sales of hybrid cars by investing in producers of lithium for batteries."
First Liberty Power Corp., a Nevada based mineral exploration company with a primary focus on lithium exploration and development, is pleased to announce the completion of the data acquisition stage of the gravity survey on the Company's Smokey Valley (S.V. Property) lithium brine project near Silver Peak, Nevada.
MarketResearch.com has announced the addition of the new report "Lithium Ion Batteries Outlook and Alternative Energy Vehicles, Technologies, Markets, Competitors and Opportunities: 2010-2020 Analysis and Forecasts" to their collection of Energy market reports. Reportedly, the market for lithium ion batteries has grown to $11 billion and is expected to reach $43 billion by 2020.
Nova Mining Corp. announced today that the Company has moved to secure valuable Lithium supplies by executing a Letter of Intent with Mongolian National Mining Consultants Limited (MNMC) for the exclusive right to purchase 100% of the Lithium produced from MNMC mining properties at a discount to market price. As part of the deal, Nova Mining will have the right to perform Due Diligence, prior to both parties negotiating a Definitive Mineral Production Agreement.
Lithium Americas (LAC) has declared that the results of the definitive feasibility study (DFS) will be announced for the Cauchari-Olaroz lithium-potash project, on June 18, 2012. ARA WorleyParsons prepared this DFS results. A conference call has been scheduled on the same day in order to discuss about the DFS.
Canada Lithium Corp. announced today that it has completed the sale of an additional 4,950,767 common shares at a price of $0.36 per common share for additional gross proceeds of approximately $1,782,276, pursuant to the partial exercise of the over-allotment option included in the Company's equity financing that closed on May 30, 2012.
Ministère Des Ressources Naturelles et de la Faune (MNRF) in Québec has provided the mining license to Canada Lithium for its Québec Lithium Project, located near Val d'Or.
Critical Elements announced that it is making a headway in the recovery of lithium carbonate from the spodumene flotation concentrate. Till date, 91% of lithium carbonate has been recovered from the flotation concentrate and additional testing could increase this recovery to 94%.
Bacanora Minerals has announced the final assay results from its second phase of drilling at its Ventana lithium property in eastern Sonora, Mexico. The property included 1,465 m in eight NQ-core drill holes. Bacanora has also declared the third round of drilling at El Sauz and Ventana properties.
Lithium Exploration Group, a US-based exploration company, has declared a maiden resource estimate for its Valleyview potassium, magnesium, lithium, boron, calcium, bromine and sodium brine project around the area of Valleyview town in west-central Alberta, Canada.
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