Tirupati Graphite PLC, a flake-graphite company with projects in Madagascar and India, has announced a private placement of up to £3 million in convertible loan notes to fund its development and growth strategies.
As part of this strategic investment Tasmania Energy Metals and NQ are evaluating whether it is commercially and financially viable to develop an integrated facility.
Stakeholders are concerned that the industry is lagging when it comes to a number of factors that have not been a traditional focus of the mining industry.
Sandspring Resources has reported positive results from a preliminary economic assessment of it Toroparu gold project in Guyana.