Lithium project: 5 Chinese buyers who know we are going to be exporting flew in to meet us in Dubai last Saturday. Which made for a busy weekend. So the last big piece of the jigsaw put in place.
Very sorry to read of the travails of our friends at PREM. A brave company with vision that saw Zim lithium very early. Lenders - as we have ourselves found - look like saviours but can turn out anything but.....Go George Roach!
#RRR
#Gold
#Kenya
@StockBoxMedia
MIKEI GOLD PROJECT VIDEO OVERVIEW
@RRR_RedRock
encourages investors to view a new project video detailing the Mikei Gold Project, Kenya including:
Location to majors
JORC resource
Expansion potential
Project infrastructure
Just got kicked off a RRR Telegram channel by someone claiming our presence was fake. Didn't like our saying people should be wary of online speculation as we are not leaking and will announce any developments.
RRR 0.22p +10%. The removal of instruments the market felt to be toxic has led to almost immediate price recovery. But we are not back to December levels.
#RRR
#Lithium
#ZImbabwe
𝗟𝗶𝘁𝗵𝗶𝘂𝗺 𝗗𝗲𝗺𝗮𝗻𝗱
Demand for lithium ion batteries is forecast to grow to 3.7 terawatt-hours by 2030, up from around 1 TWh this year, mostly driven by the ever increasing demand for
#EVs
China to Invest $2.8 Billion in Zimbabwe in Lithium, Energy
▪️ UAE is closest rival with $498.5 million investment planned
▪️ More than two thirds of investment licenses go to China firms
#RRR
#Lithium
#Zimbabwe
#RRR
#Lithium
#Zimbabwe
𝗟𝗶𝘁𝗵𝗶𝘂𝗺 𝗣𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝗼𝗻
Lithium producers are growing anxious that delays around the world may hinder their ability to supply enough of the battery metal to meet the world's aggressive electrification timelines
#RRR
@RRR_RedRock
#Lithium
𝗟𝗮𝘁𝗲𝘀𝘁 𝗡𝗲𝘄𝘀
Red Rock Resources has opened discussions with sales agents in China for the sale of lithium ores through the exploration and development company’s Zimbabwe-based subsidiary African Lithium Resources.
#RRR
#Copper
𝗖𝗼𝗽𝗽𝗲𝗿 𝗗𝗲𝗺𝗮𝗻𝗱
Investors look set to pile into the copper market on an unprecedented scale in the next few years as usage surges in electric vehicles and renewable energy, according to Citigroup Inc
DRC declares cobalt 'strategic', royalty rate to 10%. Should we worry? No, this was implicit in Act and in everyone's calculations. Expected, legitimate, level not out of line, understandable. We knew it was on the way.
𝗔𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝗺𝗲𝗻𝘁
@RRR_RedRock
announces an update in relation to the Company’s lithium operations in Zimbabwe.
➡️ 200 tons of
#lithium
ore prepared for export and the first truck has now left Harare for the Mozambican port of Beira.
#RRR
Our implementation team, currently in Zim, is planning its next visit this month to our gold project in Burkina Faso.
This is all about starting the conveyor belt leading to production and cash flow in each location.
A lot of hard and detailed work involved.
#RRR
#RNS
#Lithium
𝗟𝗶𝘁𝗵𝗶𝘂𝗺 𝗨𝗽𝗱𝗮𝘁𝗲
@RRR_RedRock
Chairman Andrew Bell Comments:
"Now that we have our environmental clearance, mining can begin on site. We are in a position to start shipping product immediately"
#RRR
#RNS
#Gold
ADIDA GOLD PROJECT - RIGHT TO ACQUIRE LOANS
@RRR_RedRock
has entered into a Deed of Agreement is to give Red Rock the right for two years to acquire the loans of the secured creditors of the Adida Kanga Gold Project in the DRC
#RRR
#Cobalt
#DRC
#Musonoi
COBALT PRICE BOOST
❖ Cobalt a raw material for EV manufacturers
❖ Per vehicle loading of cobalt jumped by 45% in the first half of this year
❖ 7,200 tonnes of battery-grade cobalt were deployed globally in H1 2019
#RRR
#IronOre
#JUNO
#JMS
IRON ORE BOOM
Many market experts are seeing the early signs of a new super cycle in commodities, including iron ore, that could equal the wild ride that prices experienced in the 1970s and 2000s.
#RRR
#Gold
#Victoria
#Kenya
GOLD TO HIT $2300 IN THE NEXT YEAR
❖Goldman Sachs has raised its 12-month gold forecast by 15% and now expects the metal to hit $2,300 per ounce
❖A $2,300 projection would be a 20% jump from gold's current price levels
#RRR
#Gold
#Kenya
WORK CONTINUES AT MIGORI BASE CAMP
Work continues at the Mikei Exploration Camp, Kenya, in preparation for ongoing gold exploration
The core shed is now fully functional and ready to receive cores
#RRR
#Gold
#Victoria
#RRAL
THE VICTORIA GOLD JV OPPORTUNITY
A gold opportunity of epic proportions has openedup in Australia
Beneath the planes of Victoria lie as many as 75million high-grade ounces of the precious metal, just waiting to be found
#RRR
#Lithium
𝗟𝗶𝘁𝗵𝗶𝘂𝗺 𝗗𝗲𝗺𝗮𝗻𝗱
As the auto industry scrambles to produce more affordable electric vehicles, whose most expensive components are the batteries, lithium iron phosphate is gaining traction as the EV battery material of choice
When will RRR issue RNSes to the market? When there is concrete and specific information to report. Meantime, on social media we report people movements and activity so that people can see we are hard at work, and seriously addressing our projects.
#RRR
#Lithium
𝗖𝗵𝗮𝗶𝗿𝗺𝗮𝗻 𝗜𝗻𝘁𝗲𝗿𝘃𝗶𝗲𝘄
@RRR_RedRock
Chairman & CEO Andrew Bell speaks to
@VOXmarkets
following the raise of funds to accelerate development of the lithium project in Zimbabwe
#RRR
#Lithium
𝗔𝗯𝗼𝘂𝘁 𝗟𝗶𝘁𝗵𝗶𝘂𝗺
Lithium is a soft, silvery-white metal that is highly reactive and flammable. It is the lightest metal and the least dense solid element, making it a popular choice for use in batteries.
Learn here:
Lithium project: RRR HQ team continue to work through final planning details with production and logistics experts on site in Harare with further meetings in Dubai at end of week.
#RRR
#Gold
#Copper
#Cobalt
RED ROCK RESOURCES iNTERVIEW
@RRR_RedRock
Chairman Andrew Bell speaks to
@Share_Talk
"You have a £5M market cap with 3 focuses with Australia, Kenya, Democratic Republic of Congo, is the market cap wrong or the assets?"
#RRR
#Lithium
#Zimbabwe
𝗟𝗶𝘁𝗵𝗶𝘂𝗺 𝗗𝗲𝗺𝗮𝗻𝗱
Demand for lithium and other critical minerals is skyrocketing according to the IEA
Between 2017 and 2022 the IEA saw a tripling in overall demand for lithium
#RRR
#Lithium
#Zimbabwe
𝗕𝗮𝘁𝘁𝗲𝗿𝘆 𝗠𝗲𝘁𝗮𝗹𝘀 𝗗𝗲𝗺𝗮𝗻𝗱
McKinsey & Co. joined the growing chorus warning that metals considered key to the clean-energy transition face shortages in coming years
#RRR
#RNS
𝗞𝗲𝗻𝘆𝗮 𝗘𝘅𝗽𝗹𝗼𝗿𝗮𝘁𝗶𝗼𝗻 𝗨𝗽𝗱𝗮𝘁𝗲
@RRR_RedRock
announces the results of the first batch of 950 samples from recently completed 2021 phase 1 RC drilling exploration programme in the mid KKM prospect at the Mikei
#Gold
Project -
#Kenya
We produced gold profitably in Colombia. We were for 15 years part of team, with board representation, that created and built Tshipi, SA's biggest exporter of manganese to China, a highly profitable venture. Now we are exporting Lithium from Zimbabwe. This can scale up rapidly.
𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀 ⬇️
#RRR
expects the most important near-term developments to be:
-Announcement of first shipments of Lithium Ore
- Release of arbitration result in the DRC
See more below.
#Lithium
#Gold
#Oil
𝗟𝗶𝘁𝗵𝗶𝘂𝗺 𝗺𝗶𝗻𝗶𝗻𝗴
#Lithium
was discovered in 1817 by a Swedish scientist, Johan August Arfwedson, but only quite recently and due to the structural change in global economy it turned important.
Read more:
#RRR
#RRR
#Copper
#DRC
COPPER STOCKS TO SURGE
Copper exposed stocks could be set to surge in 2021 after the red metal saw an impressive rally in late 2020
Copper's role in a shift to lower carbon emissions is a key reason to be positive about its future
#RRR
#Lithium
𝗘𝗜𝗔 𝗦𝘂𝗯𝗺𝗶𝘁𝘁𝗲𝗱 𝗳𝗼𝗿 𝗭𝗶𝗺𝗯𝗮𝗯𝘄𝗲 𝗟𝗶𝘁𝗵𝗶𝘂𝗺 𝗣𝗿𝗼𝗷𝗲𝗰𝘁
@RRR_RedRock
announces an update on the Company's operations in Zimbabwe, further to the Company's announcement of 19 December 2022 & the Update of 8 March 2023.
Chairman Andrew Bell Comments 💬
"We have had our local associate working on this very important arbitration, and he was advised last week that the arbitration judgment was now due to be released"
Read the full
#RNS
here:
#RRR
#Copper
#Cobalt
#DRC
Nothing wrong with Zimbabwe. Nothing wrong with lithium. Prospects excellent. Localised issues at other companies are nothing to do with us, but perhaps point to the merits of our operational model....
We want all to do well, but are only responsible for our own operations
Re
@PowerMetRes
#POW
announcement of significant Ni hits in its 1st tested hole in Molopo Farms feeder zone, people ask: "Could this be another Voisey Bay?" One should never answer yes to that, but rephrased as "can you exclude the possibility that..." the answer would be 'No'
#RRR
#RNS
INVESTMENTS UPDATE
@RRR_RedRock
announces an update in relation to its investment in Jupiter Mines
Over recent weeks the company has disposed of a substantial part of its remaining holding in Jupiter for proceeds of approximately £1,239,489.34
#RRR
Chairman Andrew Bell Comments:
"We have had a successful collaborative relationship with Power Metal Resources since we began the development of Red Rock Australasia into a company specialising in gold exploration in Victoria"
🔗
#RNS
:
#Gold
👇
But this is very much RRR's second order assets in DRC. We announce to remind people we are still cost-effective and successful explorers of early stage projects. Our main JV assets in DRC are advanced and have apparent scale already
#RRR
#Gold
#Victoria
GOLD EXPLORER HITS HIGH GRADE GOLD IN VICTORIA
❖TSX based Fosterville South hits high grade gold intersections at their Golden Mountain gold project
❖RRAL joint venture footprint in and around FSX licence footprints
#RRR
#Lithium
#Zimbabwe
𝗟𝗶𝘁𝗵𝗶𝘂𝗺 𝗶𝗻 𝗵𝗶𝗴𝗵 𝗱𝗲𝗺𝗮𝗻𝗱 📈
Auto executives seek new lithium supplies from Quebec mines, as extraction is challenging.
Seeking to avoid falling behind Tesla and Chinese car companies.
More here:
#RRR
#Lithium
𝗟𝗶𝘁𝗵𝗶𝘂𝗺 𝗗𝗲𝗽𝗼𝘀𝗶𝘁𝘀 💡
As lithium demand continues to rise, it's useful for investors to gain an understanding of the different lithium deposit types at play.
Learn more here:
#RRR
#Lithium
𝗘𝗩 𝗗𝗲𝗺𝗮𝗻𝗱
#EV
sales exceeded 10 million in 2022, with 14% of all new cars sold being electric, quite the jump from 9% in 2021 and less than 5% in 2020, resulting in more than 26 million electric cars roaming global roads in 2023
#RRR
#Gold
#Victoria
#RRAL
THE VICTORIA GOLD JV OPPORTUNITY
A gold opportunity of epic proportions has openedup in Australia
Beneath the planes of Victoria lie as many as 75million high-grade ounces of the precious metal, just waiting to be found
Next stop Zimbabwe with partners for on the spot discussions and forward planning. With confirmed export grades, we have the opportunity now to accelerate our lithium projects
#RRR
#Gold
#Kenya
HISTORIC DRILLING
Santa Barbara (1980s-1990s) 5,000m diamond coring at MK
Auvista (Mid-late 1990s) 50,000m RC across both licences
Kansai (2004-2007) 4,500m Resource infill diamond drilling
Red Rock (2009-2011) 25,000m RC, DD & air core
#RRR
#NEWB
𝗩𝗶𝗰𝘁𝗼𝗿𝗶𝗮 𝗚𝗼𝗹𝗱 𝗣𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼
The rapidly growing interest in Victoria is plain to see. So, to stand out from the crowd, Power Metal & Red Rock have established as strong a value proposition as possible at New Ballarat Gold Corp.
Good results from gold drilling at Mikei: 7 of first 9 holes encountered gold mineralisation: one hole had 17m at 1.02g/t including an interval of 4m at 2.13 g/t, and ended in ore. A good start to the New Year.