Cadence Minerals expects review at lithium project to improve outcome
27th Mar 2024 12:20
(Alliance News) - Cadence Minerals PLC announced on Wednesday that a review is underway at the Cinovec lithium project in the Czech Republic. Read More
(Alliance News) - Cadence Minerals PLC announced on Wednesday that a review is underway at the Cinovec lithium project in the Czech Republic. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - European Metals Holdings Ltd on Monday said it had granted an extension to all four Cinovec exploration licences. Read More
European Metals Holdings Ltd - Czechia-focused mineral exploration and development company - Says delivery of definitive feasibility study for the Cinovec lithium project in the Czech Republic is now scheduled for the first quarter of 2024. Says approval granted for timetable extension so Geomet and project study team, DRA Global and Bara Consulting, can complete capital and operating cost estimation, and project implementation scheduling. Says process of obtaining sufficient and diverse proposals, from "numerous" external suppliers and contractors, will take longer than originally planned. Company "believes it is prudent to allow the necessary time to complete the study to the highest standard". Says it does not expect extension to impact the overall project timeline, and that permitting is "already well underway". Cadence Minerals PLC, which holds approximately 5.3% of the equity in European Metals, is "pleased to note" the announcement. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
European Metals Holdings Ltd - Czechia-focused mineral exploration and development company - On Friday, reports a pretax loss of USD5.9 million in the year ended June 30, narrowed from a loss of USD6.8 million the year prior. Loss narrows as company records finance income of USD479,783 in the year, up from USD44,783 the previous year and its share based payments reduce to USD1.9 million from USD2.9 million. Also swings to a foreign exchange gain of USD145,858 from a loss of USD16,544 the year prior. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
European Metals Holdings Ltd - Perth, Australia-based mineral exploration and development company - European Bank for Reconstruction & Development agrees to invest EUR6 million to support European Metals' Cinovec lithium project north-west of Prague. Company will issue 12.3 million shares to EBRD at AUD0.803 or GBP0.423 each. Read More
(Alliance News) - Cadence Minerals PLC on Tuesday reported a wider annual loss, caused by unrealised loss on financial investments. Read More
(Alliance News) - European Metals Holdings Ltd on Friday said its subsidiary Geomet SRO has agreed to buy land at the industrial site Dukla in the Ujezdecek municipality in Czechia. Read More
European Metals Holdings Ltd - England-based mineral exploration and development company - Says testwork at Cinovec project in Czechia confirms separation efficiency and capability of flotation of lithium-bearing zinnwaldite. The flotation testwork, undertaken at Nagrom Laboratories in Perth, repeatedly reached over 95% lithium recovery from flotation concentrates at target Li-grades and mass yield. Says the definitive feasibility study is on track for completion in the final quarter of 2023. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
European Metals Holdings Ltd - Mineral exploration and development company focused on Cinovec lithium-tin project in Czech Republic - Provides update on activities during the three-months to March 31. Highlights that the Cinovec project was declared a strategic project by the Just Transition Fund. Further, notes the appointment of DRA Global Ltd to complete the definitive feasibility study for the Cinovec Ppoject in the Czech Republic. Ends the quarter with total cash in excess of AUD16 million, or GBP8.4 million Read More
(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
European Metals Holdings Ltd - Mineral exploration and development company focused on Cinovec lithium-tin project in Czech Republic - Appoints Perth, Australia-based engineering services firm DRA Global Ltd to complete the definitive feasibility study for the Cinovec project in the Czech Republic. Says DRA Global has the necessary capacity, expertise and track record to deliver the Cinovec study on time. Expects study to be completed in the fourth quarter. Read More
(Alliance News) - European Metals Holdings Ltd on Thursday said DRA Global Ltd has been appointed to complete its definitive feasibility study for its Cinovec project in the Czech Republic. Read More
(Alliance News) - European Metals Holdings Ltd on Monday said its Cinovec project in Czech Republic has been approved as a strategic project for the country's Usti region by the EU's 'Just Transition" fund, or JTF, making it eligible for EU funding. Read More