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London-listed technology metals mining company Andrada Mining has appointed Barclays Bank as a strategic financial adviser to advance its lithium portfolio. Andrada, which holds mining and exploration assets in Namibia, is in the process of expanding its existing tin operations to incorporate a lithium concentrate production stream. The company operates in the lithium-rich Erongo region of Namibia and aims to use its asset position and first-mover competitive advantage to rapidly develop a vertically integrated lithium industry within the country.

Shares of Andrada Mining Limited (LON:ATM – Get Rating) traded down 5.5% on Wednesday . The stock traded as low as GBX 5.10 ($0.06) and last traded at GBX 5.20 ($0.06). 1,083,445 shares traded hands during mid-day trading, a decline of 72% from the average session volume of 3,833,938 shares. The stock had previously closed […]

Askari Metals has stepped up its aggressive exploration strategy across two tenements at its Uis lithium project in Namibia where it is targeting previously identified pegmatites. The dual RC campaign forms part of a recently expanded phase 1 program at tenement EPL 8535 from 3000m up to 4000m where it has pinpointed at least four different target zones.

Askari Metals has completed the acquisition of a 90 per cent interest in the Uis lithium tenement in Namibia. Mapping and sampling have identified new pegmatite drilling targets and RC drilling has commenced.