Orocobre Announces Foreign Issuer Designation
Orocobre Limited (TSX:ORL, ASX:ORE) announced that pursuant to NI 71-102, it is already a “designated foreign issuer” and will no longer report under NI 51-102.
Orocobre Limited (TSX:ORL, ASX:ORE) announced that pursuant to NI 71-102, it is already a “designated foreign issuer” and will no longer report under NI 51-102.
Bolivia’s new lithium carbonate production plant will have little impact on the lithium market. Production from Galaxy Resources, Canada Lithium and Orocobre is expected to have more of a significant impact on supply and prices.
Beginning in 2013, the lithium market will welcome a handful of emerging companies with newly producing projects in Quebec and Argentina.
Mining Weekly reported Orocobre (ASX:ORE,TSX:ORL) finished a A$21 million share placement to fund the remaining construction at its Olaroz lithium project.
Orocobre Limited (TSX:ORL,ASX:ORE) announced it completed its first resource estimate at its 85% owned Cauchari Lithium-Potash properties in Argentina.
The diamond drilling program has been completed at the Orocobre Limited (TSX:ORL,ASX:ORE) Salar de Cauchari properties in Jujuy Province, Argentina.
Orocobre Limited (TSE:ORL,ASX:ORE) reports the completion of core drilling program on the Salinas Grandes Lithium-Potash project.
Orocobre Ltd. (TSE:ORL,ASX:ORE) report that the Unit of Mining Environmental Management has approved the addenda to the Environmental Impact Statement for the Salar de Olaroz Lithium-Potash Project.
Speaking exclusively on Tuesday with Lithium Investing News, James McCann, Exploration Manager for Lithium One Inc., assured that Argentina is very much a “republic of provinces” and was quick to indicate confidence that the the Sal de Vida Lithium Project is located at “the only commercial lithium producing salar in Argentina."
The market has responded positively to the news of development with the share price appreciating over 8 percent on the news, while the Byron Capital Markets Lithium Index has declined 2 percent during the same period.
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