Alto Metals is pleased to advise that the Shareholder Purchase Plan announced on 16 June 2016 has closed fully subscribed. The Company received valid applications from eligible shareholders for 28,660,960 new shares raising $1,698,000, and all shareholders will receive the full number of shares that were applied for. As a result, 28,660,960 new [...]
The Board of Blackham Resources is pleased to provide an update on its activities for the quarter ended 30 June 2016 and thereafter. HIGHLIGHTS INCLUDE: - Gold production targeted for late August/early September - Matilda open pit mining commenced - Underground development has commenced at Golden Age - Gold plant wet commissioning on track for [...]
Rox Resources has agreed to sell its 49% interest in a joint venture with Teck Australia on the massive Reward Zinc Project in the Northern Territory for $14.8 million to IMI Zinc Exploration Pty Ltd. The deal consists of $2 million in cash and $12.8 million in shares (64 million shares @ 20 cents per share). The offer to purchase Rox's share of [...]
Abitibi Royalties' objective is to capture the upside potential inherent to the various stages of the mining sector, while limiting the risks related to the difficulties in assessing the rate of success and accurately predicting the costs for exploration, development, and mine operation. Royalties are a right to receive a percentage of the [...]
Ulaanbaatar, Mongolia (ABN Newswire) - Silver's 32 percent surge this year has taken its 100-day moving average above the 500-day measure for just the third time this century. When the so-called golden cross occurred in 2002 and 2009, prices advanced at least 66 percent before the phenomenon was reversed. "It tells us the bull market in silver [...]
Sayona Mining is pleased to announce it has completed the Authier lithium project acquisition for CAD$4 million. The Company's primary strategy is to focus on completing the studies required to commence the development of the project. Authier is a near-term development project and cash-flow generation opportunity. The Company believes it will [...]
Cardinal Resources is pleased to report the results of the first shallow updip RC drill hole, NMRC389-767, recently completed on the Namdini Project. Highlights: 119m @ 1.72 g/t including 41m @ 2.57 g/t from surface - First shallow updip drill hole widens gold mineralisation across strike to 275m - Significant gold mineralised intersections within [...]
Brazil-focused gold development company Crusader Resources is pleased to announce its current operating licence for its wholly-owned Borborema Gold Project in Rio Grande do Norte State, Brazil, has been renewed by the State Government Environmental Authority- IDEMA. Highlights - Crusader has received an important renewal from the Rio Grande do [...]
Blackham Resources is pleased to announce that it has successfully achieved another milestone towards gold production with the commencement of open pit mining and underground development work at the Company's Matilda Gold Project. - Blackham commences mining at the Matilda Mine - Underground development commenced at Golden Age - Wiluna Gold [...]
SpeedCast International today announced that it has completed the implementation of a managed satellite solution for Resolute Mining, whereby SpeedCast will provide and manage corporate voice and data communications from Resolute's production site in Mali back to their Perth headquarters. SpeedCast seamlessly integrated the service into Resolute's [...]
Orocobre are pleased to provide a corporate presentation to the Melbourne Mining Club. INVESTMENT THESIS PRODUCTION VOLUME GROWTH On track to reach nameplate production run rate of 17.5KT p.a. lithium carbonate production at Olaroz by November 2016. MARKET DEMAND Tightening market, accelerating battery market growth and strong baseline demand [...]