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 [...]
Almonty Industries Inc. is pleased to announce a construction and financing update in relation to its Sangdong Tungsten Mine. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230501005223/en/ New 4 MW Power System As announced on 3 April 2023, construction works are continuing to progress [...]
Almonty Industries Inc. is pleased to announce that it has completed its fourth scheduled drawdown of the total US$75.1 million KfW IPEX-Bank project finance facility for its Sangdong Tungsten Mine located in South Korea. The total amount drawn under the Loan Facility now stands at US$32.3 million. The Company is pleased to report that the [...]
Almonty Industries Inc. today announced the filing of its audited annual consolidated financial statements, management's discussion & analysis and AIF for the year ended December 31, 2022. Unless otherwise indicated, all currency amounts contained in this news release are expressed in Canadian dollars. The following financial information is for the [...]
Almonty Industries Inc. is pleased to announce that the Company has received firm commitments, primarily from existing Australian institutional investors, to raise gross proceeds of A$3.5 million via the issue of 4,861,111 million Chess Depository Interests at A$0.72 per CDI . Each Placement participant will be issued with one free unlisted option [...]
Almonty Industries Inc. announces that it plans to extend, in the aggregate, the term of 700,000 outstanding warrants by one year. The warrants are due to expire on February 19, 2023, and the Company will make an application to extend the expiry date of those warrants to February 19, 2024. During December 2019 through February 2020, the Company [...]
Almonty Industries Inc. is pleased to announce that the Company has received firm commitments, primarily from existing Australian institutional investors who requested to increase their stake in the Company, to raise gross proceeds of A$2.0 million via the issue of 2.5 million Chess Depository Interests at A$0.80 per CDI . Each Placement [...]
