Last C$1.29 CAD
Change Today +0.36 / 38.71%
Volume 186.4K
As of 1:37 PM 01/29/15 All times are local (Market data is delayed by at least 15 minutes).

largo resources ltd (LGO) Snapshot

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08/5/14 - C$3.60
52 Week Low
01/28/15 - C$0.83
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largo resources ltd (LGO) Details

Largo Resources Ltd. is engaged in the acquisition, mining, exploration, and development of mineral properties in Brazil and Canada. It primarily explores for vanadium, tungsten, and molybdenum. The company principally holds a 99.7% interest in the Maracás vanadium project covering approximately 28,587 hectares located in Bahia State, Brazil. It also owns 100% interests in other projects comprising the Currais Novos Tungsten Tailings project and the Campo Alegre de Lourdes iron-vanadium project in Brazil; and the Northern Dancer tungsten-molybdenum property in the Yukon Territory, Canada. The company is headquartered in Toronto, Canada.

largo resources ltd (LGO) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$336.0K
Chief Financial Officer
Total Annual Compensation: C$50.0K
Senior Vice President and Technical Director ...
Total Annual Compensation: C$215.7K
Vice President of Exploration
Total Annual Compensation: C$200.4K
Financial Consultant
Total Annual Compensation: C$150.0K
Compensation as of Fiscal Year 2013.

largo resources ltd (LGO) Key Developments

Largo Resources Ltd. Provides Operational Update for its Maracas Menchen Mine in Bahia, Brazil

Largo Resources Ltd. provided an operational update for its Maracas Menchen Mine (the Maracas Mine) in Bahia, Brazil. To date, a total of approximately 1,140 tonnes (2.5 million lbs) has been shipped from the Maracas Mine. This represents an increase of approximately 408 shipped tonnes (0.9 million lbs) since the Company's last operational update on December 3, 2014. The Company currently has approximately 60 tonnes of recent production in inventory, and commercial shipments have been continuing on a weekly basis. During the month of January 2015, the Maracas Mine production output has been running between approximately 55%-75% of capacity.

Largo Resources Ltd. Announces Resignation of Dan Ioschpe from Board of Directors

Largo Resources Ltd. announced the resignation of Mr. Dan Ioschpe from its Board of Directors.

Largo Resources Ltd. Commences Pre-Feasibility Study on the Potential to Produce Salable Platinum Concentrates at its Maracas Menchen Mine in Bahia, Brazil

Largo Resources Ltd. announced that it has commenced a pre-feasibility study on the potential to produce salable platinum concentrates at its Maracas Menchen Mine in Bahia, Brazil. As part of the current vanadium production process, run of mine platinum contained in the non-magnetic material are magnetically separated during the beneficiation process and stockpiled in tailings. The company has conducted preliminary investigations into the potential production of platinum concentrate as a by-product. The initial findings indicate that the potential exists to produce platinum in addition to vanadium pentoxide. The Pre-Feasibility Study is being conducted by DRA Taggart, an engineering and project management company headquartered in Johannesburg, South Africa to formally evaluate the possible production of the platinum as well as determine the prospective economics for the Project.


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