PERTH , Australia , Nov. 12, 2015 /CNW/ - Corporate Update The Company is pleased to announce that it has settled a definitive agreement with one of its convertible bondholders, Eternal Faith Holdings (a member of the Fengli Group), with a buyback of their convertible bonds with a face value of $31.2 million for a consideration of A$27 million [...]
PERTH, Australia, Oct. 28, 2015 /CNW Telbec/ - Galaxy Resources Ltd. (ASX:GXY) ("Galaxy") ("the Company") notes that General Mining Corporation Limited ("GMM") has today announced it has signed a Sales & Distribution Agreement with Mitsubishi Corporation ("Mitsubishi") for up to 100% of the lithium bearing spodumene concentrate produced from the Mt [...]
The new Fenix Gas Pipeline, which runs north-south from the Salar de Pocitos to a location in close vicinity to FMC's Hombre Muerto operations, was commissioned in September and is now operational. The pipeline begins at the existing compression facilities at the Pocitos terminus, has a length of approximately 140km and a nominal transportation [...]
Galaxy Resources notes that General Mining Corporation has today announced that it has completed an Independent Review of the Mt Cattlin open pit financial model in relation to the Mt Cattlin Project in Ravensthorpe, Western Australia.. The review was completed by Entech Pty Ltd and commissioned by GMM. Pursuant to the terms as announced on 9th [...]
Highlights Definitive Agreement executed with General Mining Corporation Agreement terms to be implemented following shareholder approval at General Mining Corporation EGM on 9th September 2015 Mt Cattlin scheduled to restart production by the end of 1st Quarter 2016 Work on the Definitive Feasibility Study for James Bay to also begin in 2016 [...]
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ AUSTRALIA, August 5, 2015 /CNW Telbec/ - Galaxy Resources Ltd. (ASX: GXY) ("Galaxy") ("the Company") is pleased to advise that General Mining Limited (GMM) has today announced an updated Mineral Resource and Ore Reserve for the Mt Cattlin Project in [...]
PERTH, Australia, June 10, 2015 /CNW Telbec/ - HIGHLIGHTS General Mining (ASX:GMM) to have sole and exclusive right to earn a 50% equity interest in the Mt Cattlin Project forA$25 million; Expanded production plan for Mt Cattlin includes both tantalum and spodumene; Commencement of production at Mt Cattlin scheduled by GMM for March quarter 2016 [...]
PERTH, Australia, April 14, 2015 /CNW Telbec/ - Galaxy Resources Ltd. (ASX: GXY) ("Galaxy" or the "Company") is pleased to advise that all cash consideration funds for the completion of the Jiangsu divestment have now been received from Sichuan Tianqi Lithium Industries Inc (Tianqi). After taking into account the offset against the original payment [...]
PERTH, Australia, April 7, 2015 /CNW Telbec/ - HIGHLIGHTS General Mining completes satisfactory due diligence, now moving to 3 month Development Period. General Mining is now responsible for all care and maintenance costs at Mt Cattlin. General Mining is fully funded through to a Final Development Decision expected by 1 July 2015 after raising [...]
Galaxy Resources would like to update the market on the Jiangsu Divestment process. The Company announced on 2 February 2015 that it had revised the terms for the divestment of the Jiangsu Lithium Carbonate plant in China to Sichuan Tianqi Lithium Industries Inc (Tianqi), as originally announced on 30 April 2014 (Transaction). Completion of the [...]
The ManagerAustralian Securities ExchangeLevel 40, Central Park152-158 St Georges TerracePerth WA 6000Attention: Dale Allen Dear Dale, Galaxy Jiangsu Divestment Update Galaxy Resources would like to update Shareholders on the status of the Company's voluntary suspension. The Company announced on 2 February 2015 that it had agreed revised terms for [...]
SAN FRANCISCO, CA--(Marketwired - Mar 9, 2015) - Just two years ago, Galaxy Resources Ltd. (ASX: GXY) (OTC PINK: GALXF) was overleveraged and unfocused. It had lost the support of the market and its shareholders. Today, as Managing Director Anthony Tse explains in this interview with The Energy Report, a new management team has exerted fiscal [...]
+2600,00 %
-94,44 %