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Australian miner enters JV for Karibib Lithium Project

The persistent rise in lithium spot prices from 2014 to 2016 has prompted an Australian company to formalise its agreement with a local exploration outfit, to look for richer lithium deposits in a known mineralisation zone south and east of Karibib. Australian mining firm Auroch Minerals, this week via the …

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Paladin on its knees, Langer Heinrich going to China National Nuclear

Australian mining outfit, Paladin Energy is in the process to announce a solvency restructuring proposal, and a potential option in favour of China National Nuclear Company (CNNC) which could entitle Overseas Uranium Holdings Ltd to acquire Paladin´s interest in the Langer Heinrich mine. China National Nuclear is a minority shareholder …

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LC gets second solar PV contract from regional distributor

Another contract awarded by a regional electricity distributor to a solar power joint venture, confirms that distributors are strategically moving to generation, gradually reducing their dependence on the national electricity utility, NamPower. This week OLC Solar Energy announced it has been awarded a contract from the central regional distributor, Cenored, …

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