Almonty Industries Inc. , through its wholly-owned South Korean subsidiary, Almonty Korea Tungsten Corporation , is pleased to announce that it has received a fully executed Utilization Request for US$13.7 million in conjunction with the sixth drawdown on the US$75.1 million KfW IPEX-Bank loan facility related to the construction of the Company's [...]
Almonty Industries Inc. today announced the filing of its unaudited interim condensed consolidated financial statements and management's discussion & analysis for the three and nine months ended September 30, 2023. Unless otherwise indicated, all currency amounts contained in this news release are expressed in Canadian dollars. The following [...]
Almonty Industries Inc. is pleased to announce that the Company has received firm commitments to raise gross proceeds of C$500,000, US$733,333 and A$550,000 via the issuance of 3,333,333 Placement Units and 1,078,433 million Placement Chess Depository Interests Units at C$0.45 per Placement Unit, US$0.33 per Placement Unit and A0.51 per CDI Unit [...]
Almonty Industries Inc. today announced the filing of its unaudited interim condensed consolidated financial statements and management's discussion & analysis for the three and six months ended June 30, 2023. Unless otherwise indicated, all currency amounts contained in this news release are expressed in Canadian dollars. The following financial [...]
Almonty Industries Inc. , is pleased to provide a construction progress update for its Sangdong Mine Tungsten located in South Korea. Equipment Shipment In late June, the protection screen and reclaim feeders arrived at the new port of Busan from Metso:Outotec and will be transported to the warehouse at Sangdong within the next week. We are [...]
Almonty Industries Inc. , through its wholly-owned South Korean subsidiary, Almonty Korea Tungsten Corporation , is proud to announce its collaboration with Korea Telecom which is introducing cutting-edge Mine Safety DX technology. Developed in partnership with KT, this innovative solution aims to enhance worker safety and promote efficient mining [...]
In accordance with Section 11.3 of National Instrument 51-102, Continuous Disclosure Obligations, the following is a report of the matters voted on at the Company's Annual General and Special Meeting of Shareholders held on June 26, 2023: Common Shares represented at the Meeting: 102,245,380 Total issued and outstanding Common Shares as at Record [...]
Almonty Industries Inc. is pleased to provide an update on the progress of its Sangdong Tungsten Mine. Lewis Black, Chairman, CEO & President of Almonty Industries Inc. commented: "We have made solid progress at the Sangdong Tungsten Project throughout May 2023. The arrival of the Pebble Crusher and Primary Jaw Crusher means we now have 100% of [...]
Almonty Industries Inc. is pleased to announce that plans are now well advanced to reopen the former producing mine in Spain, Los Santos. Los Santos has been in planned care and maintenance since 2020. Since that time, Almonty has been undertaking studies into the re-commencement of production from Los Santos via the retreating of tailings [...]
Almonty Industries Inc. today announced the filing of its unaudited interim condensed consolidated financial statements and management's discussion & analysis for the three months ended March 31, 2023. Unless otherwise indicated, all currency amounts contained in this news release are expressed in Canadian dollars. The following financial [...]