Monger Gold Ltd (ASX:MMG) is pleased to announce the appointment of Mr Adam Ritchie as Chief Executive Officer as the Company strengthens the organisation s capabilities and skills as the Company progresses the development of the Scotty Lithium Project located in Nevada, USA.
Lithium - 2020 a year to forget but 2021 panning out to be a year to remember
Proactive s mining maven, Ryan Long, runs his eye over the lithium miners progress in the first quarter of 2021
2020 was a real struggle for lithium miners and chemical producers despite a strong start to the year in the first quarter. Lower prices in the second quarter (Q220) and Q320 made it difficult for some producers to survive the year and one didn’t!
Altura Mining Limited didn’t manage to see the year out, as lower spodumene concentrate prices meant the company couldn’t meet its debt repayments and it went into receivership in late October 2020, despite raising A$11.2mln in equity just six months earlier.
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