The red metal closed Thursday at $2.1220 per pound.
The company was issued a shutdown notice for its Lace project in South Africa's Free State province.
The assays result ranged from 347ppm to 1000ppm Li, the highest values received to date from the project.
Spot gold was up 0.2% at $1,255.42 an ounce.
Mines in Mali not affected.
16 years of senior advisory and M&A experience.
Feds plan to establish a “floor price” on carbon pollution of $10 a tonne in 2018, rising to $50 a tonne by 2022.
Artisan Vehicle Systems announces the launch of its first underground mining vehicle: the zero emission, battery powered
Also outperforms the diesel competition
Australia has about 40% of the world's uranium reserves and exports nearly 7,000 tonnes of yellow cake annually.
More than 70 pieces of equipment are on site.
Polls showing a continuation of the status quo in Britain prompted a sell-off in gold this week, but the global economic backdrop remains good for gold.
CEO of Chilean copper giant sees 300,000 tonnes surplus this year and next.
A 14-mile stretch of sand dunes along South Africa's breathtaking east coast is the battleground between big mining interests and the local community.
Oil companies are reducing production to allow families to evacuate.
Canada's biggest bank is suing former client Crew Gold over a fee the lender claims it should have been paid by the mining company.
Up 7.5% over two days as bears run out of explanations.
Tango Mining will use loan from Vanderbilt Commercial to acquire BK11 kimberlite mine and restart operations.
Antwerp, located about an hour north of Brussels, remains the world’s largest diamond-trading hub.
MINING.com tours Boart Longyear's shop floor in Salt Lake City Utah.
The junior miner said the ruling not only forces it to halt operations, but it also blocks it from transferring the project, as the mining permit will no longer be valid.
CEO Mark Cutifani outlines his strategy to create a new Anglo American.
Morenci is an open-pit, copper mine located in Arizona. In 2015, FCX’s 85 percent share of Morenci revenues totaled $2.2 billion and production and delivery costs totaled $1.5 billion.
JMBullion details Gold’s biggest gain and lose streaks dating back to Nixon’s 1971 shutdown of Bretton Woods.