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Newmont Corp. today announced that following a review by the Australian Competition & Consumer Commission , the agency has cleared the Company to proceed with its proposed acquisition of Newcrest Mining Ltd. . The ACCC is expected to convey its clearance of the transaction to Australia's Foreign Investment Review Board for consideration. Newmont [...]
Trigon Metals Inc. is pleased to announce that it has placed an order with Epiroc South Africa Ltd to purchase underground mining equipment to the value of USD$8,933,261. This equipment will comprise the majority of the underground mining fleet for the restart of mining from the Asis West shaft at the Company's Kombat mine in Namibia, where [...]
New Found Gold is pleased to announce the successful completion of its 3-D seismic survey on its Queensway Project. New Found's 100%-owned Queensway project comprises a 1,662km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador. The survey was finished on schedule and on budget. The survey was conducted [...]
Hecla Mining Company announced an update on the Lucky Friday mine. A fall of ground occurred in the mine's #2 shaft, a secondary egress, at an unused station that was under repair. While a full inspection has not occurred, the failure appears to be caused by a fire that is contained and under control. Steps are being taken to ensure the fire is [...]
Royal Gold Inc. announced today that ACG Acquisition Company Ltd. issued a press release providing an update with respect to the transaction for the acquisition of the entities that own the Serrote and Santa Rita mines from Appian Capital Advisory LLP , and that revisions to the acquisition agreement have yet to be agreed; the long stop date of [...]
Altius Minerals Corp. is pleased to announce that it has renewed its Normal Course Issuer Bid by which it may purchase at market price up to 1,996,856 common shares , being approximately 4.21% of the 47,430,043 common shares issued and outstanding as of August 11, 2023, through the facilities of the Toronto Stock Exchange or a Canadian alternative [...]
Nighthawk Gold reports that the Colomac Gold Project camp site remains secured and unaffected by the wildfires that are currently impacting areas in Northwest Territories, including the city of Yellowknife. Exploration drilling at the 24/27 Deposit was completed in mid-July and the camp was subsequently closed and shut down for the upcoming fall [...]
Electra Battery Materials Corp. today reported its financial results for the three- and six-month periods ended June 30, 2023, and provided an update on the commissioning of its cobalt refinery and its black mass recycling trial. All amounts are in Canadian currency unless otherwise stated. "Our recent efforts have been primarily focused on [...]
IperionX Ltd. has agreed to an order with Lockheed Martin for the delivery of titanium plate components produced using IperionX's U.S. manufactured titanium. IperionX's advanced titanium production technologies have the potential to provide a lower cost and more sustainable U.S. domestic supply chain for titanium raw material. "Reducing the cost of [...]
Piedmont Lithium , a leading global producer of lithium resources critical to the U.S. electric vehicle supply chain, today announced the Company will increase its stake in Atlantic Lithium Ltd.'s Ewoyaa Lithium Project as part of a staged investment agreement to earn a 50% equity interest in Atlantic Lithium's Ghanaian lithium portfolio. Under the [...]
New Found Gold is pleased to announce the results from 16 diamond drill holes that were completed as part of a drill program designed to test the newly discovered Keats West zone, a low-angle thrust fault that dips gently to the south-southwest and is located on the west side of the highly prospective Appleton Fault Zone. New Found's 100%-owned [...]
Dynacor Group Inc. , an international gold ore industrial corporation servicing ASMs , today announced that it had recorded unaudited gold sales of US$22.5 million for July 2023, compared to US$14.3 million in July 2022, an increase of US$8.2 million or 57.3% over last year. Sales increase versus July of last year is due to increase sales volume [...]
