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Rupert Resources Ltd. announces that the six nominees listed in its management information circular dated July 7, 2023 were elected as directors at the Annual Meeting of Shareholders of Rupert Resources . There were 97,621,673 common shares represented in person or by proxy at the Meeting . The voting results for the Meeting are set out below [...]
New Found Gold Corp. is pleased to announce that the Company has entered into a non-binding memorandum of understanding with Maritime Resources Corp. pursuant to which the Company has been granted the right to conduct due diligence and exclusivity to negotiate with Maritime regarding a toll milling agreement at the existing Pine Cove Mill located [...]
Freeport-McMoRan Inc. is investigating a cybersecurity incident affecting its information systems. The Company is assessing the impact and proactive measures are being taken to address the situation. The Company is working closely with third-party experts and law enforcement. To date, there has been limited impact on production. Transitional [...]
Nouveau Monde Graphite Inc. reports advancement on the development of its fully integrated value chain, from ore to battery materials, set to become one of North America's largest sources of natural graphite. NMG is working to secure long-term sales agreements for its active anode material and set up financial and operational conditions for the [...]
Rio Tinto and the Simfer1 joint venture reached an important milestone today by concluding key agreements with the Republic of Guinea and Winning Consortium Simandou2 on the trans-Guinean infrastructure for the world class Simandou iron ore project. The Co-Development Convention with the Republic of Guinea and associated agreements adjusting Simfer [...]
Rio Tinto's Diavik Diamond Mine will build the largest solar power plant across Canada's territories, featuring over 6,600 solar panels that will generate approximately 4,200 megawatt-hours of carbon-free electricity annually for the mine. The solar power plant will provide up to 25% of Diavik's electricity during closure work that will run until [...]
Trigon Metals Inc. announces the full restart of milling and processing at the Kombat Mine. The Company has succeeded in restarting copper concentrate production at the Kombat mine in Namibia, placing the project on track to meet commercial production targets by the end of September. On the evening of August 3, 2023, the Company achieved the major [...]
Royal Gold Inc. announced today that ACG Acquisition Company Ltd. provided an update that ACG continues to discuss potential improvements to its transaction structure with its anchor investors and Appian Capital Advisory LLP ; ACG has not, however, reached agreement with the respective parties at this time; and if no agreement is reached, ACG's [...]
Largo Inc. today released financial and operating results for the three and six months ended June 30, 2023. The Company reported revenues of $53.1 million from vanadium pentoxide equivalent sales of 2,557 tonnes. Daniel Tellechea, Interim CEO and Director of Largo, stated: "A sharp decrease in V2O5 prices combined with lower sales in Q2 2023 [...]
Pan American Silver Corp. today reported unaudited results for the quarter ended June 30, 2023 , inclusive of the assets acquired through the Yamana Gold Inc. transaction, which closed on March 31, 2023. "Our Q2 2023 results show the significant enhancement in the scale and quality of our portfolio following the strategic acquisition of Yamana [...]
Coeur Mining, Inc. today reported second quarter 2023 financial results, including revenue of $177 million and cash flow from operating activities of $39 million. The Company reported GAAP net loss from continuing operations of $32 million, or $0.10 per share. On an adjusted basis1, Coeur reported EBITDA of $22 million, cash flow from operating [...]
Coeur Mining Inc. today provided an update on the exploration programs at its Palmarejo gold-silver complex located in southwest Chihuahua, Mexico. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230809176670/en/ Figure 1: Highlighted drillhole results from the Hidalgo deposit Drill [...]