Largo Resources Ltd. is pleased to announce the release of its inaugural environmental, social and governance report, demonstrating the Company's ongoing commitment to transparency with all stakeholders. Mark Smith, Chief Executive Officer stated: "Building on our track record of responsible mining and strong community relations, Largo's first [...]
All financial figures are in Canadian dollars unless otherwise stated. Q2 2019 Highlights Production of 2,515 tonnes of V2O5, an increase of 20% over Q1 2019 and 2% over Q2 2018 New monthly V2O5 production record of 1,042 tonnes in July Global V2O5 recovery rate2 of 79.1%; Second quarter of strong global recoveries in 2019 Cash operating costs [...]
Q2 2019 V2O5 production of 2,515 tonnes, an increase of 20% over Q1 2019 and 2% over Q2 2018 Record monthly V2O5 production of 926 tonnes achieved in June Successful start to expansion project ramp-up; Commissioning and ramp-up expected to conclude in Q3 2019 Global V2O5 recovery rate of 79.1% in Q2 2019; Second quarter of strong global recoveries [...]
Largo Resources Ltd. is very pleased to announce that in accordance with its press release dated June 10, 2019, in which the Company announced its election to redeem its outstanding 9.25% Senior Secured Notes due 2021 , the Company has redeemed in full all of its outstanding Notes. The Notes have been redeemed at a redemption price equal to [...]
Largo Resources Ltd. announces voting results from its Annual and Special Meeting of Shareholders held on Thursday, June 27, 2019. A total of 362,869,827 common shares of the Company were voted at the Meeting, representing 68.26% of the Company's issued and outstanding common shares. Shareholders voted in favour of all matters brought before the [...]
Largo Resources Ltd. today announces that its Board of Directors has continued its detailed evaluation of the overall business environment and opportunities for Largo to create long-term value for its stakeholders. As a result, the Board and management team have decided to continue to prioritize the optimization of production at the Maracás [...]
Largo Resources Ltd. is pleased to announce that Mr. Paul Vollant will be joining the Largo team as Director of Sales and Trading effective September 2019. In this position, Mr. Vollant will lead the development of Largo's sales and trading business and work to further enhance the Company's presence in the Global Vanadium Corp. market. Mark Smith [...]
Largo Resources Ltd. is pleased to announce an update on the Novo Amparo Norte deposit in Maracás, Brazil. Highlights of the updated resource estimate for NAN: Total Measured and Indicated Mineral Resources Ltd. of 12.23 million tonnes grading 0.88% V2O5 with magnetic concentrate grades of 2.41% V2O5 Inferred Mineral Resources Ltd. of 11.33 [...]
Largo Resources Ltd. is pleased to announce that it has elected to redeem all of its outstanding 9.25% Senior Secured Notes due 2021 . The Notes will be redeemed on July 7, 2019 at a redemption price equal to 104.625% of the principal amount of the Notes plus accrued and unpaid interest to, but not including the Redemption Date. Largo has [...]
Largo Resources Ltd. announces that it has repurchased approximately US$6.7 million in principal amount of its 9.25% Senior Secured Notes due 2021 . The Notes were repurchased at a purchase price of 103% of the principal amount thereof plus accrued and unpaid interest to, but not including, the purchase date, pursuant to the terms of the excess [...]
All financial figures are in Canadian dollars unless otherwise stated. Q1 2019 Highlights Cash balance of $190.7 million exiting Q1 2019 Production of 2,099 tonnes of V2O5; Kiln refractory replacement completed ahead of schedule Record global V2O5 recovery rate of 80% vs. 75.6% in Q1 2018 Cash operating costs excluding royalties of $4.54 per pound [...]
Largo Resources Ltd. announces that its Q1 2019 financial results will be significantly impacted by the decline in the price of vanadium pentoxide since the start of 2019 and the impact of the remeasurement of trade receivables under the Glencore off-take agreement during the quarter, as previously discussed in its fourth quarter and full year 2018 [...]
