M&A

Lenigas takes Clancy into Moroccan cobalt complex

DAVID Lenigas' Clancy Exploration, which has been looking away from its traditional New South Wales focus towards Pilbara conglomerate gold and cobalt-nickel in Austria, has just added to its cobalt focus by picking up 32sq.km of leases near the Bou Azzer cobalt mine in Morocco.

 Managem's mine is the fourth-largest cobalt operation in the world.

Managem's mine is the fourth-largest cobalt operation in the world.

The mine, the fourth-largest cobalt operation in the world, has been in operation since the 1930s and is reputed for producing high-quality cobalt cathode, Lenigas said.   Clancy is set to secure 100%...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
MORE ON THIS TOPIC

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.