Li3 Energy: Strategic Acquisition For Maricunga Lithium Project
Lithium – Li3 Energy, Inc., (OTCBB:LIEG) has acquired 100% of SLM Cocina 19-27 de la Sierra Hoyada de Marcunga, a Chilean based company.
Lithium – Li3 Energy, Inc., (OTCBB:LIEG) has acquired 100% of SLM Cocina 19-27 de la Sierra Hoyada de Marcunga, a Chilean based company.
Copper – Amid dismal economic data out of Europe, copper made slight gains from an eight-month low as Chile’s port strike caused a supply squeeze.
Lithium – If proven successful, POSCO’s new lithium extraction technology may further lower the cost of production at brine deposits, widening their economic advantage over hard-rock deposits.
Copper – Reuters reported that February copper production in Chile rose by 2.8 percent from a year earlier.
Copper – Bloomberg reported that a port strike in Northern Chile is resulting in shipment delays.
Vanadium – Bullish news from Chinese manganese buyers may mean better times ahead for steel — and vanadium.
Copper – Mining Weekly reported that labour unrest from striking contract workers at Chile's Escondida mine has ended.
Copper – Mining Weekly reported that Chilean copper output rose by 8 percent in January
Copper – Codelco is the latest mining company poised to start operations in Ecuador. But even as President Rafael Correa prepares a more investment-friendly mining law, local communities and environmentalists are promising to put up a fight.
Gold – Cerro Grande Mining Corp. (TSX:CEG,OTCQX:CEGMF) announced that Toronto's Quantec Geoscience is now in the final stage of interpretation of an Orion 3D Direct Current Induced Polarization (DCIP) and Magnetotelluric (MT) Inversion Geophysical study for the company's Chile-based Santa Cecilia property. The intent of the study is to provide Cerro Grande with "detailed magnetotelluric information and induced polarization data."
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