SRG Mining is a Canadian-based mining company focused on developing the Lola Graphite Project located in the Republic of Guinea, West Africa. The Lola Graphite Project has Proven and Probable Reserves of 41Mt at a grade of 4.14% Cg.
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On October 2 Mining News reported: UBS tips graphite price surge. Natural graphite prices are currently trading at circa US$570 per tonne. UBS sees 50% upside to current pricing and has set its ...
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Guinea mining guide. that it would not revert to protests, as was seen earlier in the year when the Union of Democratic Forces of Guinea (UDFG), led by Mr Condé's rival, Cellou Dalein Diallo, staged a series of protests in which many lives were lost. As a result, political risk has subsided somewhat as the opposition will look to
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In February, a coalition of more than 5,000 villagers and a provincial government sued the company, demanding its owners pay $5.2 billion in restitution, stop dumping mine waste into the ocean ...
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The Lola graphite project is located near Lola, the Republic of Guinea. It hosts near-surface mineralisation over a strike length of 8.7km at an average width of 370m. Initial surface of the deposit is well weathered (lateralised), which separates the graphite flakes from the silicate gangue. This …
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In Guinea, mining companies are regularly under scrutiny due to social conflicts. Currently, Chalco, CDM Chine, the SMB-shareholder UMS and SMB are dealing with the strikes and protests due the conditions of workers and the absence of local content. CDM Chine even requested military protection in October 2021 from the state to manage …
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The FS considers an expansion to the Molo Graphite Mine's current Phase 1 production capacity of 17,000 tonnes per annum ("tpa") through the construction of an additional and standalone processing plant that increases the steady-state production rate to 150,000 tpa of SuperFlake® graphite concentrate over a 25-year life of mine ("LOM").
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The investment portfolio management service at state-controlled Guinean mining company Soguipami has come to the conclusion that the State should take just a 5% stake in the Lola graphite mine being developed by Canadian company SRG Mining.. The service had been asked to find out whether or not the government should exercise …
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The Company's Molo graphite project in Madagascar is one of the largest known and highest-quality graphite resources globally, and the only one with SuperFlake® graphite. The Molo mine has begun production, with Phase 1 mine operations currently being optimized to reach its nameplate production capacity of 17,000 tpa of graphite …
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Year-to-date gain: 50 percent; market cap: C$34.62 million; current share price: C$0.225. Mason Graphite is working to "develop vertical and horizontal integration in the mining industry," and ...
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Tanzania has signed agreements worth a total of $667m with three Australian companies for the development of rare earth minerals and graphite projects, reported Reuters. Signed with Evolution Energy Minerals, Ecograf and Peak Rare Earths, the agreements form part of Tanzania's efforts to advance negotiations on long-delayed …
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Report summary. Q1 has been a slow start to the year for the graphite market. Strong macroeconomic headwinds worldwide, combined with the removal of China's national subsidies, have hurt demand for electric vehicles. This in turn, has seen demand for anode material fall and pressure raw materials prices - including natural graphite.
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Suni Resources holds the Mozambique graphite assets portfolio of ASX-listed Battery Minerals. These assets include the Montepuez and Balama Central graphite projects. The latter is in the advanced feasibility study stage. Tirupati agreed to pay a total consideration of $9.1m (A$12.5m) in cash and shares to acquire the projects.
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The funds will used to advance SRG's large-scale mine development project in the Republic of Guinea ─ the Lola graphite project ─ as well as the development of …
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The funds will used to advance SRG's large-scale mine development project in the Republic of Guinea ─ the Lola graphite project ─ as well as the development of an anode material plant, the ...
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How high-purity graphite could change Greenland mining. With the news that GreenRoc has delivered a graphite product of a purity of 99.97%, there are big hopes for the future of mining in Greenland. Nnamdi Anyadike investigates. The Amitsoq mine sits on a deposit of 8.28 million tonnes of high-grade graphite. (Photo by GreenRoc Mining)
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The Lola Graphite Project is owned by Sama Resources Guinea SARL and is located within the department of Lola in eastern Guinea, 1,000 km from Conakry, the …
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SRG Mining Inc. (TSXV: SRG) ("SRG" or the "Company") today welcomes the positive results of an independent Updated Feasibility Study ("UFS") for the high-quality Lola Graphite Project in the Republic …
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Guinea has rich bauxite reserves – 27% of the World's total supply - and considerable iron ore, diamond and gold reserves. Other minable resources include uranium, cement, and salt. Guinea also has significant water-based resources, with strong hydropower and fishing industries. Traditionally, Guinea has poor oil and natural gas resources ...
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Tirupati Graphite unit Tirupati Graphene and Mintech Research Centre (TGMRC) has secured its first commercial contract from Optiva Resources (ORL), a UK …
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Guinea's bauxite-aluminum industry is undergoing significant expansion of investment, concession agreements, and in-country mining and refining operations. In 2018, UNDP-Guinea and Columbia University developed a framework that would evaluate this development against metrics for social and environmental sustainability, such as …
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A Very Large, High-Grade Resourcewith Easy Expansion Capabilities. NextSource owns the Molo Graphite Mine (Molo) in the Province of Toliara, Southern Madagascar, one of the world's largest and highest quality graphite deposits. The Molo mine is fully permitted and has begun production, with Phase 1 mine operations currently being optimized to ...
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General Manager, Molo Mine. Wilhelm Reitz is a mine management professional with 28 years of experience in the global mining sector, with the last 11 years focussed on critical minerals and in developing technologies through design, engineering, and research on graphite.
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Graphite Creek mine is located on Seward Peninsula, 59km north of Nome, Alaska. The mine will produce high-grade coated spherical graphite, which is in great demand due to the adoption of lithium-ion batteries. The minerals at the deposit are considered superior based on their high-graphite grade, overall size, percentage of large …
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An offtake agreement is in place with Yichang Xincheng Graphite for the sale of 30,000 t/y of coarse flake graphite for the first three years of the mine's operation. Guinea – Lola Project: 54 million tons. The Lola Project, located in Guinea-Conakry, is being developed by Canadian mineral company SRG Mining.
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The study proposes an expansion of Molo Graphite Mine's Phase 1 production capacity to 150,000 tpa of SuperFlake® graphite concentrate over a 25-year mine life, enhancing the steady-state production rate. The project has a capital cost of $161.7 million, resulting in a pre-tax net present value of $424.1 million with an 8% discount rate.
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The Lola graphite deposit is located approximately 3.5km west of the town of Lola in south-eastern Guinea and approximately 50km away from the Guinea's international border with Côte d'Ivoire. The mine is covered by four mining licenses, collectively named Permis de Recherches 4543, that occupy a total area of 380km².
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The Molo graphite mine in Madagascar will have an initial production capacity of 17,000tpa. NextSource's mining operations at the Molo graphite mine. Credit: NextSource Materials. Canada-based NextSource Materials has started graphite production at its Molo mine in Madagascar.
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To date, over $30 million has been invested in the graphite mining and mineral processing business. ... Guinea and Mozambique have significant deposits of graphite. — story agency ...
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£101m ($123m) Production : 54,600t a year. Mine Life : 29 years. Owner and Developer : SRG Mining. The Lola graphite project, located in the south-eastern region of the Republic of Guinea, represents one of the …
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This is one of the key drivers for the increasing demand for the mineral, which is set to soar by as much as 200% by 2020. This demand prompted a 25% rise in the price of graphite between December 2016 and December 2017. Another driver is graphene, a recently developed 'super-mineral' that could dramatically improve battery technologies.
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