Stay updated with breaking news from Napperby. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Winner of the Vincent Lingiari Art Award announced - Art Collector Magazine artcollector.net.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from artcollector.net.au Daily Mail and Mail on Sunday newspapers.
Eclipse Metals Ltd (ASX:EPM) has its sights set on securing a mining licence for its Ivittuut Project in Greenland in 2021, which has near-term cryolite, fluorite and rare earth production potential from processing tailings and low-grade stockpiles. The company is confident the project has the potential for a large, highly profitable industrial mineral/REE operation in the mining-friendly jurisdiction. In the next 6-12 months Eclipse is targeting a resource upgrade, the mining licence application, environmental assessment, pit water testing and dewatering design – and a pre-feasibility study in 2021/2022. Ivittuut development opportunities The mine process tailings and remnant stockpiles highlight the short-term cashflow potential of the existing Ivittuut pit – which was once the world’s largest and only cryolite mine, producing 3.8 million tonnes of cryolite during a 120-year mining history, ceasing in 1987. ....