Articles On Calidus Resources (ASX:CAI)

Fitch has downgraded its gold outlook but expects prices to remain “elevated in the coming years compared to pre-Covid levels” Contrarian argument: “It is also a sector full of M&A possibilities as gold equities haven’t been this ‘chea...

Tesla’s 4680 battery might not reach high production volumes until 2023 Charger Metals pushes Medcalf lithium prospect towards drilling with a program earmarked for December Xantippe’s conducting pre-drilling surface mapping at the Upper C...

EV Resources will acquire remaining 20% of the Shaw River lithium project Midas Minerals defines 8km of pegmatites at Newington lithium-gold project Kula Gold identifies six lithium targets at Brunswick project All your ASX lithium news,...

Lithium carbonate prices surged by 3.9% over the period of August 3 – 31 to an average RMB 472,000/tonne Benchmark Mineral Intelligence expects spodumene contract pricing to remain stable going into quarter four Spanish-focused Infinity Li...

Essential Metals says lithium production could kick off in 2025 at Pioneer Dome  Green Technology Metals begins 2,500m diamond drilling program at Roots Project Resource Mining prepares initial field exploration program across Finnish lith...

Piedmont plans to build massive lithium hydroxide plant in Tennessee by 2025 Power Minerals plans to kick off resource definition drilling at the Salta lithium project  Tambourah Metals flags 1,420ppm lithium rock chip samples at the Russ...

Toyota intends to increase battery production capacity by up to 40GWH Battery production for EVs will kick off between between 2024 and 2026 Argosy completes 95% of development work at the Rincon Lithium Project in Argentina All your lith...

Melbourne-based Akaysha partners with US energy storage company to deploy energy storage systems into the Aussie market  Galan’s high-flow long-term pumping test results continue to deliver higher production capacity parameters at the Pata...

ASX lithium miners are raking it in, a trend set to continue for a while yet CATL’s new batteries travel an impressive +1,000km between each charge Last week’s top ASX performers: Anson, White Cliff, Dart Mining  Our High Voltage column w...

Honda and LG Energy want to supply lithium-ion batteries exclusively to Honda facilities in the North American Market  Construction will take place in early 2023 ahead of mass production in 2025 Xantippe engages Argentinian consulting comp...

Core and Tesla agree to extend termination date for the binding off-take term sheet to October Kalamazoo accepts a $3m cornerstone investment to fast-track lithium and gold projects  Matsa wraps up a heavily oversubscribed placement after...

California expected to become  first US state to ban sale of new combustion engine (ICE) vehicles Allkem reports record FY results with revenue increasing over 800% to US$770 million Anson executes a binding MoU with global lithium extract...

Ford cuts 3,000 jobs within operations that build internal combustion engine vehicles to focus on EV push  Arcadia releases 560% increase to resource at Bitterwasser Project Latin Resources first pass ‘sighter’ metallurgical test work retu...

Ford slashes 3,000 jobs as shift to EVs gathers pace At least 2 significant producers in Sichuan have suspended lithium production, while another has halved output due to the heatwave-driven powercrunch: Fastmarkets Last week’s top ASX per...

Macquarie upgrades its quarterly average lithium price assumption by 2% to US$5,000/t The brokers top two lithium picks remain unchanged – Pilbara Minerals and IGO  Encounter Resources expansive land position in the North Arunta province i...

ASN shares soar on big increase to JORC resources at Paradox lithium project A8G’s soil geo-chem results highlight lithium targets at Mt Peak GT1’s latest diamond drilling results increases mineralised volumes and grade at North Aubry All...

TSX listed Korara Resources finds another massive nugget stash at the Beta Hunt mine near Kalgoorlie The new discovery just below the super-rich, 30,000oz Fathers Day Vein China imported more than 80 tons (or 2.56Moz) of gold worth $US4.4b...

Lithium producers in China’s Sichuan province are suspending production due to the power crunch VP Capital’s John So says lithium prices may surge 10% in the next few weeks TYX acquires 80% of the issued capital of Angolan Minerals  All y...

Toyota and CATL announce factory closures in China as a scorching heatwave sweeps the country CRR confirms high-grade lithium up to 2.15% lithium oxide at the Mavis Lake Lithium Project RGL says results from a deep ground penetrating radar...

Ola co-founder plans to sell 1 million EVs in the next two to three years TNG acquires the ‘Sandover Licences’ which covers areas considered prospective for lithium in pegmatites LRS confirms a significant new discovery following an inters...

CATL eyes second gigawatt battery plant in Europe with construction to kick off later this year  AKE acquires 100% of María Victoria lithium tenement in South America CXO kicks off 40,000m reverse circulation (RC) drilling program at BP33 ...

Calidus Resources plans to raise $20 million (before costs) via a share placement to professional and sophisticated investors through the issue of 29,850,747 shares at a price of 67 cents per share. The placement received strong demand from...

ASX-listed Calidus Resources plans to plough up to $20 million into a pair of West Australian gold and lithium projects after a successful capital raise.

Calidus Resources (CAI) receives firm commitments to raise $20 million via a share placement The funds will be raised via the issue of more than 29.85 million shares to professional and sophisticated investors at a price of 67 cents Calid...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Freshly minted gold producer Calidus Resources has locked in $20 million in a placement to fund its expansion and growth plans.

Fleet Space says its ExoSphere earth scanning tech is a quicker, cheaper and cleaner mineral exploration option Ragusa Minerals reports promising desk top review and rock chip sampling at NT project Morella picks up another lithium project...

Aussie markets lower Regional markets also sink ahead of US inflation data iSelect jumps 75% on takeover   Local markets were overdue some bloodletting and the Commonwealth Bank (ASX:CBA) drew the first cut in morning trade, boring invest...

Researchers say lithium’s atomic signature could be traced for ESG purposes Global Lithium Resources flags 24m at 1.03% lithium interval at Manna Winsome Resources starts surface stripping and mapping at Canadian Cancet project   All your...

Calidus Resources (CAI) enters a trading halt as the company prepares to undertake a capital raise Trading of CAI shares will be paused until Friday, August 12, or until the company releases more details about the funds it is looking to ra...

Emerging semi-solid battery technology uses a lot more lithium; battery metal shortfall may hamper rollout Are weakening cobalt prices about to get a boost? ASX lithium stocks bouncing back as more evidence emerges of long term supply shor...

Global producer Albemarle says lithium supply crunch will be here til 2030 Latin Resources kicks off feasibility studies at Brazilian project Enterprise Metals plans stage 2 soil sampling at Bullfinch North project  All your ASX lithium n...

EVN’s Jake Klein predicts US$2-US$3,000/oz gold price for this time next year Is a wave of merger and acquisition activity coming in the ASX gold space? Bounce back in vehicle production to boost PGM demand Gold price hits a four-week high...

Both technical and battery grade lithium carbonate ticked up by 0.3% and 0.2% respectively last week Sayona says North American Lithium operation ready for restart in Q1 23 Pan Asia Metals has welcomed the Thai Government’s new Policy on M...

GM prepays lithium producer Livent for six-year supply from its Argentinian operations The EV maker is targeting 1 million EVs annually by 2025 in North America Pilbara Minerals has sold a 5,000t cargo of 5.5% spodumene via its auction pla...

Even with every project online we could still be facing a 2 million mt deficit by 2030, S&P says Critical Resources finds 40.9m of spodumene-bearing pegmatite at Mavis Lake MinRex finds visible spodumene at the Sisters project in WA...

Calidus Resources has identified strong gold-in-soil anomalies in samples taken across a 3km strike length in historically mined sections of its Blue Spec project near Nullagine in WA’s Pilbara region.

Calidus Resources (CAI) discovers new gold anomalies from a soil sampling program completed at its Blue Spec gold project in WA The company collected 1115 samples from which it detected “strong” gold-in-soil anomalism over a three-kilometr...

The ASX is set to open lower this morning Wall Street softens overnight as oil prices fall by 4% The RBA will announce its interest rates decision at 2.30pm in Sydney Aussie shares are set to open lower this morning, ahead of the headline...

Toyota-Panasonic JV PPES secures 4,000tpa from ioneers US project Galan Lithium discovers pegmatite at Greenbushes South JV with Lithium Australia Drilling at Core Lithium BP33 deposit delivers 66.88m at 1.78% Li2O   All your ASX lithium...

The global energy storage market is set to reach 500GW by 2031, Woodmac says Pilbara Minerals says adding capacity to Pilgangoora is “money for jam” Neometals kicked off Lithium-ion Battery (LIB) recycling project operations during the qu...

Gold price hits three-week high post-FOMC rates decision ASX Quarterly Gold Wrap: producers hit a low bar, investors are pleased Gold demand falls in H1 as cost-of-living pressures bite, WGC says Our Gold Digger column wraps all the news...

US scientists say there’s lithium in waste water just waiting to be extracted MinRex Resources kicks off RC drilling at historic Shaw River project Reedy Lagoon scraps plans for Alvord lithium brine project after BLM advice All your ASX l...

GM enters two new agreements for the supplies of raw materials needed for EVs PAM defines exploration target of 8 to 14Mt at a grade ranging between 0.5% to 0.8% lithium oxide LEL is poised to start drilling at its Solaroz Lithium Brine Pr...

Platts says Chinese lithium prices continued to rise off the back of downstream LFP demand Dart Mining nabs earn-in agreement with SQM for Victorian lithium project Eight German councils approve Vulcan Energy’s new exploration licence All...

Rio in offtake deals with Ford, considers lithium exploration in WA Morella raises $7.5m to advance Fish Lake Valley project in Nevada Anson stakes 556 new claims around Paradox project in Utah All your ASX lithium news for Monday, July 2...

Gold is down 5% for July and on a broader downward trajectory, Metals Focus says Aeris Resources’ Golden Plateau deposit could extend the mine life at Cracow Golden State Mining has kicked off drilling at the Yule project in WA   Our Gold...

Ford takes gung-ho approach to reaching 600,000 EVs by end 2023  INR signs signs binding lithium offtake agreement with Ford GL1 returns intersections of lithium bearing pegmatites from a recent drill program at the Manna Lithium Project...

Elon begs entrepreneurs to get into the lithium refining business Power Metals says Salta lithium-brine suitable for DLE technology Aldoro’s latest assays from Niobe support further resource definition drilling   All your ASX lithium news...

Allkem posted record production for June Qtr, expects prices to increase Leo Lithium secures US$40 million debt facility for the Goulamina Lithium Project Galan Lithium plans to kick off Environmental Impact Assessment at Argentinan projec...