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Rio Tinto notes the announcement today by Energy Resources of Australia Ltd. in relation to the conclusion of its entitlement offer and shortfall bookbuild, which raised A$766.5 million to fund planned rehabilitation activities of the Ranger Project Area. As a result of Rio Tinto taking up its pro rata entitlements in the entitlement offer and the [...]
Piedmont Lithium andSayona Mining announce the signing of a definitive agreement to combine the two companies to create a leading lithium business, resulting in Sayona being the ultimate parent entity. The Transaction will result in an approximate 50% / 50% equity holding of shareholders of Piedmont and Sayona in MergeCo immediately following the [...]
Rio Tinto, Bougainville Copper Ltd. and the Autonomous Bougainville Government have signed a Memorandum of Understanding to form a Roundtable to address the findings of the Panguna Mine Legacy Impact Assessment . The independent PMLIA is based on two years of data collection overseen by an Oversight Committee that includes representatives from [...]
Almonty Industries Inc. , is pleased to announce that the Company's Sangdong Mine has been recognized as a priority site to attract large-scale corporate investment. The South Korean Ministry of Trade, Industry, and Energy announced at the 2024 Korea Local Era Expo ceremony held in Chuncheon, South Korea, that six regions in Gangwon Province have [...]
Almonty Industries is pleased to announce the appointment of Mr. Fernando Vitorino as Chief Operating Officer of AKTC. In this role, Mr. Vitorino will oversee the Company's operations, drive operational excellence, and support AKTC in achieving its key operational and development objectives. Fernando Vitorino brings over 30 years of experience in [...]
Newmont Corp. announced today that it has agreed to sell its Musselwhite operation in Ontario, Canada, to Orla Mining Ltd. for up to $850 million in total consideration. Under the terms of the agreement, Newmont will receive cash consideration of $810 million upon closing and up to $40 million1 in contingent payments. The transaction is expected to [...]
Mineros S.A. announces that the Colombian Superintendent of Finance has accepted the application made by Sun Valley Investments AG on October 16, 2024 to make a public tender offer in Colombia to acquire between 8.50% and 10.63% of the issued and subscribed ordinary shares of Mineros through the facilities of the Colombia Stock Exchange at an [...]
Nouveau Monde Graphite Inc. reports progress update on its multiple workstreams to bring its Phase-2 Matawinie Mine and Bécancour Battery Material Plant to a Final Investment Decision . The Company is actively advancing its integrated feasibility study, engaging with its Anchor Customers Panasonic Energy Co., Ltd. , a wholly owned subsidiary of [...]
Westwater Resources Inc. , an energy technology and battery-grade natural graphite development company , is pleased to announce its updates for the third quarter ended September 30, 2024. 2024 Third Quarter Highlights During the third quarter, Westwater continued to evaluate its plant design, construction schedule and cost for Phase I of the [...]
Rio Tinto has committed $16 million to the Makira Natural Park REDD+1 Project in northern Madagascar, through a new partnership with the Wildlife Conservation Society and Everland. This commitment complements Rio Tinto's investment in nature-based solutions in the south-east of the country. The Makira Natural Park REDD+ Project encompasses 372,000 [...]
Rio Tinto has entered into definitive agreements with GravitHy, an early-stage industrial company, to help accelerate GravitHy's steel decarbonisation project in France. As part of this collaboration, Rio Tinto will supply high-grade direct reduction iron ore pellets from its Iron Ore Company of Canada operations to GravitHy's planned operation, as [...]
Northisle Copper and Gold Inc. is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. as lead agent and sole bookrunner on behalf of a syndicate of agents , including Agentis Capital Markets Limited Partnership as co-lead agent, in connection with a "best efforts" private placement financing for total proceeds of [...]
