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Sovereign Metals Limited receives strong validation of rutile project as Sprott Inc lifts stake


Sovereign Metals receives strong validation of rutile project as Sprott lifts stake
The Toronto-based asset management firm has increased its holding to 10.41% through on-market purchases and placement participation.
The substantial shareholder was a key player in the company’s $8 million placement.
Sovereign Metals Limited (ASX:SVM) (FRA:SVM) has received strong validation of its strategy focused on the Kasiya Rutile Project in Malawi with substantial shareholder Sprott Inc (TSE:SII) (NYSE:SII) (FRA:A781) lifting its holding to 10.41%.
The prominent Toronto-based asset management firm with a track record of identifying and funding successful early-stage resource projects across the globe now holds more than 43 million shares. ....

United States , Paul Marcos , Julian Stephens , United States Inc , Sovereign Metals , Sprott Inc , Sovereign Metals Limited , Kasiya Rutile Project , Northern Hemisphere , Exploration Capital Partners , Sprott Capital Partners , Kasiya Project , ஒன்றுபட்டது மாநிலங்களில் , பால் மார்கோஸ் , ஜூலியன் ஸ்டீபன்ஸ் , ஒன்றுபட்டது மாநிலங்களில் இன்க் , இறையாண்மை உலோகங்கள் , ஸ்ப்ராட் இன்க் , இறையாண்மை உலோகங்கள் வரையறுக்கப்பட்டவை , வடக்கு அரைக்கோளம் , ஆய்வு மூலதனம் கூட்டாளர்கள் , ஸ்ப்ராட் மூலதனம் கூட்டாளர்கள் ,

S&P/ASX 200 dips as Victoria's lockdown gets extended


S&P/ASX 200 dips as Victoria’s lockdown gets extended
OPEC and its allies reached a deal on Sunday to phase out 5.8 million barrels per day of oil production cuts by September 2022 as oil prices hit their highest levels in more than two years.
Zoom announced on Sunday that its buying Five9, a provider of cloud contact centre software, in an all-stock deal valuing Five9 at US$14.7 billion.
S&P/ASX 200 (INDEXASX:XJO) was trading 0.82% lower at 7288 points by about 12.50 pm as Victoria’s lockdown was extended as the state grapples with the Delta variant of COVID-19.
Premier Daniel Andrews said that ending the lockdown would not be the right thing to do. ....

United States , United Kingdom , Nifty Copper Mine , Western Australia , Blake Wells , Daniel Andrews , Predictive Discovery Ltd , Aurumin Ltd , Tyranna Resources Ltd , Australian Potash Ltd , Harz Potash Ltd , Cyprium Metals Ltd , Galena Mining Ltd , Tempus Resources Ltd , Southern Gold Limited , Sprott Inc , Nelson Resources Ltd , Sovereign Metals Limited , Okapi Resources Ltd , Corazon Mining Ltd , Golden Rim Resources Ltd , Nick Scali , Plush Sofas , South African Owned , Golden Rim Resources , Enmore Gold ,

Sovereign Metals Ltd appoints mineral sands industry veteran to drive rutile project towards development


Sovereign Metals appoints mineral sands industry veteran to drive rutile project towards development
The appointment of Paul Marcos as head of development underpins Sovereign’s commitment to rapidly advance the Kasiya Project in Malawi, which is regarded as one of the world’s largest undeveloped rutile projects.
“Attracting individuals of this calibre to the Sovereign team is a huge endorsement of the Kasiya Project,” says MD.
Sovereign Metals Limited (ASX:SVM) (FRA:SVM) has appointed Paul Marcos, an engineering and consulting expert with considerable mineral sands experience, as head of development for the Kasiya Rutile Project in Malawi.
According to the company, Marcos’ appointment will bring deep mineral sands metallurgical processing, engineering and operations expertise. ....

New South Wales , Paul Marcos , Julian Stephens , Tz Minerals International , Sovereign Metals , Iluka Resources , Ausenco Ltd , Sovereign Metals Limited , Kasiya Rutile Project , Kasiya Project , Kwale North , Kwale Phase , Toliara Project , Iluka Resources Limited , புதியது தெற்கு வேல்ஸ் , பால் மார்கோஸ் , ஜூலியன் ஸ்டீபன்ஸ் , த்ஜு தாதுக்கள் சர்வதேச , இறையாண்மை உலோகங்கள் , இழுக்க வளங்கள் , இறையாண்மை உலோகங்கள் வரையறுக்கப்பட்டவை , இழுக்க வளங்கள் வரையறுக்கப்பட்டவை ,