Matt Birney

ASX-listed MGC Pharmaceuticals’ bold foray into the global cosmetics market has hit another notable milestone, with luxury UK retailer Harvey Nichols announcing it will stock the company’s MGC Derma and Derma Plus skin care lines. MGC says the iconic British retailer will carry the Perth-listed company’s premium range of 18 products containing cannabidiol, the non-psychoactive ingredient in cannabis.

Sky and Space Global has signed a deal with a leading aviation solutions and service provider to explore applications of its miniature-satellite based network in commercial aviation services. The company says the Memorandum of Understanding with Israel-based International Air Traffic Automation Systems further validates its business model and its disruptive impact on the telco market.

Legend Mining has discovered a second, larger nickel-copper mineralised intrusive of magmatic sulphides within a host rock similar to the famed Nova-Bollinger deposit, at its Rockford project in the Fraser Range. The new results cover an area of 300m by 100m, with shallow anomalous drill intersections up to 36m @ 0.39% nickel, 0.23% copper and 0.04% cobalt, containing disseminated sulphide mineralisation.

Classic Minerals is back in the field at Forrestania near Southern Cross with lots of exciting gold targets about to be drill tested. The company has kicked off a 3,000 metre RC drill program that will target high grade cross-cutting gold lodes at the Lady Magdalene deposit and define resource extensions for the Kap Gap, Lady Lila and the newly discovered Van Uden West prospect.

Altech Chemicals has pointed to recent research reports that forecast significant uptake of high purity alumina from the lithium battery sector to suggest that its proposed HPA plant in Malaysia is well placed to take advantage of the HPA growth curve. HPA is used in lithium-ion batteries to separate the anode from the cathode. Demand from the battery sector is predicted to triple by 2025.

Infinity Lithium has announced positive results from a scoping study to produce a high value lithium hydroxide product from processing of its San Jose ores in Spain. The work provides flexibility for the company to tailor offtake products to end user specifications from its existing processing flowsheet. There is a strong demand for the lithium hydroxide product currently, driven by battery requirements from the electric vehicle industry.

Lithium Australia’s Eichigt project in Germany is looking a little more interesting after a second round of samples produced 1.47% cobalt and impressive lithium values from the same patch of ground. The rare double up of cobalt and lithium is contained in mineralisation not previously discovered in Saxony and augurs well for the company’s plans to supply battery metals to Europe.

Kopore Metals has reported over 10sq kms of prospective base metal soil geochemistry at the recently identified KM3 airborne electromagnetic target at its Ghanzi West project in Botswana. Ground EM surveys have confirmed coincident conductors from 50m, generating a high priority location for upcoming drilling programs. The company is continuing its regional soil sampling programs across its tenements.

Galena Mining has announced outstanding metallurgical test work results from its flagship Abra lead project, confirming its ability to produce high grade concentrates averaging 74.5% lead with recoveries exceeding 94%. Results showed that the ores can be processed into high quality base metal concentrates with low impurities, using conventional crushing and flotation techniques.