Largo Resources Ltd
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VANADIUM: Largo doubles strike length of NAN vanadium deposit in Brazil
BRAZIL – Largo Resources drilled 24 holes totalling 4,223 metres during phase two drilling at its Novo Amparo Norte (NAN) vanadium deposit. The deposit lies 6.5 km north of Largo’s Campbell pit at its Maracas Menchen vanadium mine in Bahia State.…
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MINING PEOPLE: CIS Quality Parts, Largo Resources, Radisson Mining, and Roxgold
Timothy Hansen has been named business development manager of mining at CIS Quality Parts and Components of Knoxville, Tenn. He holds an MBA from Keller Graduate School of Management. The new COO and president of Toronto-based Largo Resources is Paulo…
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VANADIUM: Largo announces 25% expansion plan for Maracas Menchen mine
BRAZIL – Largo Resources of Toronto has announced plans to boost vanadium pentoxide production by 25% at its Maracas Menchen mine in Bahia state, about 813 km northeast of Brasilia. Monthly production would increase to 1,000 tonnes, and it may…
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VANADIUM: Largo witnesses big increase in Maracas reserves, updates mine plan
BRAZIL – Toronto-based Largo Resources says the tonnage of reserves have jumped 40% at its Maracas Menchen vanadium mine in Bahia. Proven and probable reserves now stand at 18.4 million tonnes grading 1.17% V2O5. The larger reserves give the mine…
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MINING PEOPLE: Largo Resources and Largo Resources
Toronto-based Largo Resources has promoted Paulo Misk to president of Brazilian operations and Milson Luciano Chaves to VP of finance at its Brazilian subsidiary, Vanadio de Maracas SA. Ned Goodman and Douglas R. MacQuarrie have joined the board at Rockland…
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VANADIUM: Maracas Menchen sets two new production records
BRAZIL – Toronto’s Largo Resources has reported two new production records this month at its Maracas Menchen vanadium pentoxide plant in the Bahia state. On Aug. 23 a new daily production record of 27 tonnes V2O5 or 102% of plant…
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Stars realign for Largo in Brazil
Largo Resources (TSXV: LGO) is maintaining its 2015 guidance at the Maracas Menchen vanadium mine in Bahia, Brazil, despite the slower than expected ramp up.
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VANADIUM: Largo bumps up Menchen financing to $70M
BRAZIL – Largo Resources of Toronto has bumped up the financing for the Menchen vanadium project to $70 million. When the company announced the private placement a week ago, it sought to raise $50 million.
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VANADIUM: Largo raising up to $50M for Menchen mine
BRAZIL – Largo Resources of Toronto has successfully restructured its debt thanks to its creditors’ co-operation and a private placement that could reach $50 million with which to support the Menchen vanadium mine. A minimum equity raise…
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MINING PEOPLE: Candente Gold, Coronado, Largo Resources, and Pershimco
Candente Gold Corp. of Vancouver has named Paul H. Barry the new chairman of the board. He is a former executive VP of Kinross Gold.
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Largo Resources’ vanadium project in Brazil
Mining and gambling are almost synonymous when it comes to developing a new property, but when the site is located in a foreign land and the company president admits he’s never even heard of the metal they’re after, the word…
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VANADIUM: Largo makes first shipment from Maracas mine
BRAZIL – Largo Resources of Toronto has made its first shipment of vanadium pentoxide from its Maracas Menchen mine in Bahai State. The producer has a take-or-pay offtake agreement with Glencore for 100% of its output for six years.
