Magnis Energy Technologies Ltd. is pleased to announce that it has received a binding funding proposal from US-based SBC Global Investment Fund under which the Company expects to be able to raise up to A$50 million . The Funding Proposal will be structured as an equity-linked pre-paid share subscription facility agreement the material terms of [...]
QX Resources Ltd. has entered into a framework agreement with Bayrock Resources Limited to assist Bayrock with financing and development of its Projects, being the Lainejaur and Northern Nickel Line projects in northern Sweden . The Projects are considered highly prospective for key battery metals, nickel, copper and cobalt. Further information is [...]
Emerging lithium producer Sayona Mining Ltd. has achieved a new milestone with the successful production of the first saleable spodumene concentrate at its flagship North American Lithium operation in Quebec, Canada. Commissioning activities continue to progress, with approximately 1,200 tonnes of lithium concentrate produced, including SC6 . This [...]
PYX Resources Ltd. , the second largest publicly listed zircon producing mining company globally by zircon resources, is pleased to announce its results for the year ended 31 December 2022 , and the publication of its Annual Report. FY2022 HIGHLIGHTS - Strong revenue growth on the back of solid business fundamentals - Revenue increased by 83% to [...]
Cobre Ltd. had a transformational half-year, securing its position as the second largest landholder in the KCB by acquiring the remaining 49% interest of Kalahari Metals Limited , giving it 100% ownership of KML. Cobre is now able to fully exploit the exploration potential of the extensive 5,384km2 license package in Botswana . During the reporting [...]
Theta Gold Mines Ltd.'s Feasibility Study for the TGME Project was delivered on 27 July 2022, confirming Theta Gold's potential to be a significant near-term, high-margin, low-cost gold producer with opportunities for future growth. Based on the FS results, the Project will provide robust financial returns from a long-life large underground mining [...]
Lake Resources NL is transitioning from the evaluation and exploration phase to the next stage of development. Good progress was made during the period at the Demonstration Plant and the recent updates of the Kachi Mineral Resource Estimate. With the ongoing recruitment of talented experts, the realignment and new focus of the organization and the [...]
WA-focused gold mining company, Classic Minerals Ltd. is pleased to provide an update on activities at Kat Gap. Classic has commenced the haulage of the ~6,500 tons of ore recovered from the Bulk Sample pit to the plant site as detailed in pictures in the link below. The FGP Tenements are registered in the name of Reed Exploration Pty Ltd, a wholly [...]
Venus Metals Corporation Ltd. is pleased to announce the preliminary results of a recent high resolution 50m line spaced aeromagnetic survey on its tenement E15/1796 and ELA 15/1946, located ~60 km east of Marvel Loch . HIGHLIGHTS: - The detailed aeromagnetic and radiometric survey has delineated demagnetised zones along the main magnetic feature [...]
Deep Yellow Ltd. is a differentiated, advanced uranium exploration company, in predevelopment phase, implementing a dual strategy to position the Company to become globally significant as a uranium producer and grow shareholder wealth. This strategy is founded upon growing the existing uranium resources across the Company's uranium projects in [...]
Nova Minerals Ltd. is pleased to confirm further significant gold intersections received from diamond drilling within the Korbel Mining Complex at both Cathedral. Nova CEO, Mr. Christopher Gerteisen commented: "I am pleased to report that the maiden resource drilling program at the Cathedral prospect has confirmed another very broad and extensive [...]
Emerging lithium producer Sayona Mining Ltd. has successfully produced the first spodumene concentrate at its flagship North American Lithium operation in Quebec, Canada, marking another milestone in NAL's restart. Approximately 70 tonnes of lithium concentrate was produced. Commissioning is proceeding as per plan, with the first saleable [...]
