News & Videos - SAYONA MINING LIMITED

Brisbane, Australia (ABN Newswire) - North American lithium producer Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) announced the sale of its shareholding in Troilus Gold Corp (Troilus) (TSE:TLG) which has further strengthened Sayona's balance sheet. The Company has agreed to sell 19.2 million shares of Troilus for C$0.63 Canadian Dollars ("C$") per share through a block trade via Desjardins Capital Markets. The sale will result in gross proceeds of approximately A$13.7 million for...

Brisbane, Australia (ABN Newswire) - North American lithium producer Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) announces that maiden exploration drilling at its wholly owned Tabba Tabba Lithium Project, 45/2364 identified high potential pegmatite systems containing caesium and tantalum. Based on these results, Sayona plans to conduct deeper drilling along a 7.5km prospective corridor located immediately south of the historic Tabba Tabba tantalum mine, where recent exploration by...

Brisbane, Australia (ABN Newswire) - North American lithium producer Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) today announced that following a detailed review of the North American Lithium (NAL) operation and a range of operating scenarios, the joint venture partners have agreed to continue the NAL production ramp-up towards steady state production with regular reviews of operating costs and market conditions. NAL is jointly owned by Sayona (75%) and Piedmont Lithium (25%)....

Brisbane, Australia (ABN Newswire) - "Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) reached a significant milestone in the first half of the 2024 financial year as we generated first revenues following the commencement of shipments of spodumene concentrate from NAL in August 2023. In total, NAL shipped five cargoes of product this half, totalling 72.2 kt of spodumene concentrate. "We continued to invest in optimisation initiatives at NAL such as the Crushed Ore Dome and the Tailings...

Brisbane, Australia (ABN Newswire) - North American lithium producer Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) has reaffirmed its strategic partnership with Piedmont Lithium (ASX:PLL) (NASDAQ:PLL) to develop the North American Lithium (NAL) operation in Quebec, Canada, following the announced share sale by Piedmont Lithium of its shareholding in Sayona Mining Limited. Piedmont announced on 21 February 2024 it had agreed to sell 1,152.2 million Sayona shares for A$0.052 per share....

Brisbane, Australia (ABN Newswire) - North American lithium producer Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) announced today a Definitive Feasibility Study (DFS) that demonstrates the value of its Moblan Lithium Project, forming the centrepiece of the Company's Eeyou Istchee James Bay Hub in northern Quebec, Canada. Moblan is owned 60% by Sayona and 40% by Investissement Quebec. Key Points: - Annual production rate of 300ktpa spodumene concentrate over 21-year Life of Mine...

Brisbane, Australia (ABN Newswire) - North American lithium producer Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) has appointed a new independent Non-Executive Director, highly experienced mining executive Lucas Dow, a move that further strengthens the Board and allows for significant enhancement of the Company's corporate governance practices. Mr Dow has a proven track record of outstanding performance across a diverse range of businesses, commodities and geographies, skills which...

Brisbane, Australia (ABN Newswire) - It was a strong operational quarter for Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF), with ore mined and concentrate production at NAL increasing compared to the prior quarter. NAL produced 34,237 dry metric tonnes (dmt) of concentrate at the target quality of 5.5% Li2O, up 9% on the previous quarter, while major capital projects such as the Crushed Ore Dome were advanced. The NAL team continues to explore options to optimise production...

Brisbane, Australia (ABN Newswire) - North American lithium producer Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) is conducting an operational review of its North American Lithium (NAL) operation in collaboration with its joint venture partner, seeking to optimise NAL's cost structure in response to rapidly changing conditions in the global lithium market. The review is focusing on opportunities to reduce NAL's cost base, manage cash flow and preserve the Quebec operation's...

Brisbane, Australia (ABN Newswire) - Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) has evolved over the past year from a developer into a producer of valuable spodumene (lithium) concentrate in North America. The successful restart of operations at North American Lithium (NAL), which was completed on-time and within budget, paved the way for the joint venture's inaugural shipment and cash proceeds from customers in August 2023. This has been an enormous achievement, and I would like...

Brisbane, Australia (ABN Newswire) - North American lithium producer Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) announced today the results of the Company's review of Sayona's strategy to become a leading global supplier of high-quality lithium chemicals, supporting global decarbonisation efforts and the energy transition. As part of the strategic review, Sayona's Interim CEO and the Board of Directors toured operations at the North American Lithium project (SYA: 75%) and reviewed...

Brisbane, Australia (ABN Newswire) - North American lithium producer Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) has identified multiple, high-grade lithium intercepts from recent drilling at the Company's North American Lithium (NAL) operation (SYA 75%; Piedmont Lithium 25%) in Quebec, Canada, including new mineralised zones outside the current Definitive Feasibility Study (DFS) pit shell. The results from 57 new drillholes totalling 14,350m have significantly increased the...

Brisbane, Australia (ABN Newswire) - Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) is an ASX 200 listed company with a vision to support the global decarbonisation drive by sustainably producing high quality lithium products. We are a purpose-led organisation that is committed to ensuring our projects are sources of pride for our host communities. We are actively contributing to the electrification of transport and the fight against climate change. The successful restart of...

Brisbane, Australia (ABN Newswire) - Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) continues to ramp-up of operations at North American Lithium (NAL), resulting in a quarterly record for spodumene concentrate production of 31,486 dry metric tonnes. Completion of maiden shipments of spodumene concentrate by NAL to customers, with three vessels departing port during the quarter. Advanced major capital projects at NAL, including the Crushed Ore Dome and Tailings Storage Facility 1...

Brisbane, Australia (ABN Newswire) - North American lithium producer Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) announced today the results from 41 new drillholes totalling 8,925 metres at its Moblan Lithium Project (SYA 60%; SOQUEM Inc 40%), highlighting the expansion potential of the project located in Quebec's highly prospective Eeyou-Istchee James Bay region. The latest drilling results include the identification of high-grade lithium mineralisation outside the Mineral...

Brisbane, Australia (ABN Newswire) - North American lithium producer Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) announced today receipt of the first cash proceeds for its North American Lithium (NAL) operation in Quebec, Canada following the inaugural shipment of spodumene (lithium) concentrate to the international lithium market. NAL is jointly owned by Sayona (75%) and Piedmont Lithium (25%). The initial cash payment (90% of cargo value) has now been received by NAL for its...

Brisbane, Australia (ABN Newswire) - North American lithium producer Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) announced today changes to the Board of Directors as it transitions to the next stage of growth. Mr Brett Lynch has resigned from his position as Managing Director and CEO for personal reasons and will depart the Company with immediate effect. Mr James Brown, currently a Non-Executive Director, has been appointed interim CEO and will guide Sayona's operations and Board...

Brisbane, Australia (ABN Newswire) - North American lithium producer Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) announced today the first commercial shipment of spodumene (lithium) concentrate from the North American Lithium (NAL) operation in Quebec, Canada, positioning it as North America's leading producer of hard rock lithium. NAL is jointly owned by Sayona (75%) and Piedmont Lithium (25%). The first shipment of approximately 20,500 metric tonnes of on-specification Li2O...

Brisbane, Australia (ABN Newswire) - Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) continues to ramp up operations at North American Lithium (NAL), resulting in record spodumene concentrate production of 29,610 tonnes for the quarter. Full year spodumene concentrate production of 33,120 tonnes, produced ahead of schedule at an average grade of 5.48% Li2O. Finalisation of Definitive Feasibility Study (DFS) for the combined NAL and Authier Lithium Project, confirming increased pre-tax...

Brisbane, Australia (ABN Newswire) - North American lithium producer Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) has identified a significant expansion to the lithium footprint following recent drilling at its key Moblan Lithium Project (SYA 60%; SOQUEM Inc 40%), forming the centre of its emerging northern Quebec lithium hub. The results have continued to extend known mineralisation, including at the South Pegmatite system, first discovered by Sayona in 2022, which is typified by...