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New Found Gold Corp. is pleased to announce the results from two diamond drill holes that were completed as part of a follow-up drill program at the new Iceberg discovery, a high-grade zone located 300m northeast of Keats Main along the highly prospective Appleton Fault Zone . New Found's 100%-owned Queensway project comprises a 1,662 km2 area [...]
Rio Tinto will support Energy Resources of Australia Ltd.'s recently disclosed plans for an Interim Entitlement Offer , which seeks to raise up to A$369 million to address funding requirements for the Ranger Rehabilitation Project in Australia's Northern Territory to the end of Q2 2024. Rio Tinto, which owns 86.3% of ERA's shares, has pre-committed [...]
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 [...]
Cleveland-Cliffs Inc. today announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products by a minimum of $100 per net ton, effective immediately with all new orders. Cliffs' minimum base price for hot rolled steel is now $1,300 per net ton. About Cleveland-Cliffs Inc [...]
Electra Battery Materials Corp. today announced that the Company has postponed its conference call and webcast previously scheduled for today pending the filing and release of its fourth quarter and year-end financial results for 2022. The Company anticipates filing its financial results on or before Wednesday April 5, 2023 and will announce 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 [...]
Arizona Sonoran Copper Company Inc. today announces the receipt of the Mined Land Reclamation Permit from the Arizona State Mine Inspector's Office for the Cactus Mine Project following the Company's application in December of 2022. The MLRP is the primary financial assurance document requiring the operator to bond for the full reclamation of the [...]
Rio Tinto has published its 2022 Taxes and Royalties Paid Report, detailing $10.8 billion of global taxes and royalties paid during the year. This compares to $13.3 billion in 2021, during very strong commodity prices, and is the third-highest annual global taxes and royalties paid by Rio Tinto since it published its first annual Taxes Paid report [...]
Nouveau Monde Graphite Inc. announces today the payment of accrued interests as part of a previously announced private placement. Settlement of accrued interests Upon the approval of the TSX Venture Exchange and the New York Stock Exchange , the accrued interests owed to Investissement Québec, Pallinghurst Bond Limited and Mitsui & Co., Ltd. for [...]
Fortune Minerals Ltd. can now confirm that there will be a delay filing its audited annual financial statements, management discussion and analysis, the related officer certificates, and the Company's annual information form for the year ended December 31, 2022 by the March 31, 2023 deadline . The audit is in progress and Fortune's board of [...]
Capstone Copper Corp. and Orion Fund JV Limited, Orion Mine Finance Fund II LP and Orion Mine Finance Fund I-A LP jointly announce the closing of the previously announced secondary bought deal offering of common shares of Capstone . Pursuant to the Secondary Offering, the Selling Shareholders sold an aggregate of 57,500,000 Common Shares at a price [...]
Alcoa Corp. announced today that engineering crews are working now to support repairs on a two-belt system that conveys raw materials from the pier at Alumar, the Aluminum Consortium of Maranhão in Brazil. The conveyance system, which moves bauxite, coal, coke and pitch, failed on Saturday, March 25, 2023, preventing the unloading of materials. The [...]