Battery Metals Royalties to acquire 45% interest in Mongolian coal assets from Silver Elephant Mining
Mining News Pro - Silver Elephant Mining and Battery Metals Royalties have announced that they have entered into a binding letter of intent pursuant to which Battery proposes to acquire a 45% equity interest of Silver Elephant’s wholly owned Mega Thermal Coal Corp. (formerly Asia Mining Inc.), which owns and operates the Ulaan Ovoo and Chandgana thermal coal mines in Mongolia through Mega Coal’s wholly-owned Mongolian subsidiaries for $6.3 million.
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Silver Elephant pauses Sunawayo acquisition
Mining News Pro - Precious metals explorer Silver Elephant has put on hold payments for the Sunawayo silver/lead mining project, in Bolivia, pending verification of the status of the project’s title and environmental permit.
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Visit: 475
Silver Elephant acquires nickel project in Thompson belt
Mining News Pro - Silver Elephant has high hopes and aspirations for its new Minago project, in Manitoba, which could supply the “insatiable” demand for Class 1 nickel from the electric vehicle (EV) industry.
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Visit: 685