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Cleveland-Cliffs Inc. announced today that it will establish a new electrical distribution transformer production plant in Weirton, West Virginia. This downstream direct investment by Cleveland-Cliffs in Weirton will address the critical shortage of distribution transformers that is stifling economic growth across the United States. Lourenco [...]
Rio Tinto's Iron Ore Company of Canada has donated CAN$125,000 to the Canadian Red Cross to support relief efforts following the recent wildfires in the Labrador West region and has committed an additional CAN$75,000 to support community organizations assisting with the recovery phase. As wildfires forced residents of Labrador City to evacuate [...]
Sierra Metals Inc. is pleased to announce, further to the May 22, 2024 news release, the completion of the sale of the Cusi Mine and surrounding mineral concessions located in Mexico to Minera San Bernabé, S.A. de C.V., a subsidiary of Silverco Mining Corp. . The Company sold the Cusi Mine for US$2.5 million in cash and a 2.0% net smelter royalty [...]
Northisle Copper and Gold Inc. announced that NorthIsle's Board of Directors has approved the issuance of 352,000 stock options to certain directors and employees of Northisle, pursuant to the Company's incentive stock option plan . The Options provide for the purchase of an aggregate of 352,000 common shares of the Company at an exercise price of [...]
Rio Tinto today celebrates the shipment of 4 billion tonnes of iron ore from the Pilbara in Western Australia to China. The shipment was loaded at Dampier Port on 19th July, bound for China Baowu Steel Group, the world's top steel producer. This milestone comes 51 years after the first shipment of almost 22,000 tonnes of Pilbara iron ore was sent [...]
Trigon Metals Inc. has executed a plan to address a temporary setback in underground pumping progress due to the failure of one of its two main dewatering pumps on the evening of June 14, 2024 at the Company's Kombat mine in Namibia. The mine had been dewatered down to 331 metres from the shaft collar at the time of the pump failure and the water [...]
CanaGold Resources Ltd. announces sample assay results from the first five drill holes from the resource expansion drill program targeting the North Zone at its 100% owned New Polaris Gold project located in northwestern British Columbia, 100 kilometers south of Atlin and 60 km northeast of Juneau, Alaska. This press release features multimedia [...]
AngloGold Ashanti plc will release its results for the quarter and six months ended 30 June 2024 on Tuesday, 6 August 2024. We invite you to participate in our market call via webcast or conference call. Market Call 6 August 2024 08:00 ET / 13:00 UK / 14:00 SAST Conference call pre-registration [...]
Westwater Resources Inc. , an energy technology and battery-grade natural graphite company , today announced the execution of a binding off-take agreement with Fiat Chrysler Automobiles , a leading electric vehicle manufacturer and part of the Stellantis group of companies. Pursuant to the terms of the Off-Take Agreement, Westwater will supply [...]
Americas Gold and Silver Corp. , a growing North American precious metals producer, is pleased to provide its Q2-2024 production results. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240717934551/en/ Consolidated Quarterly Attributable Silver Production *Based on the attributable [...]
Alcoa Corp. today reported results for the second quarter 2024 consistent with the Company's previously announced preliminary results that reflect sequential increases in revenue, net income, adjusted net income and Adjusted EBITDA excluding special items on higher alumina and aluminum prices, along with continued progress on profitability [...]
