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Nouveau Monde Graphite Inc. and Panasonic Energy Co., Ltd. , a wholly owned subsidiary of Panasonic Holdings Corporation , have entered into a binding offtake agreement pursuant to which NMG will supply 18,000 tonnes per annum of its planned Phase-2 active anode material production to Panasonic Energy for an initial period of seven years. In [...]
Nouveau Monde Graphite Inc. and General Motors Holdings LLC , a wholly owned subsidiary of General Motors Co. , have agreed to sign a supply agreement upon closing of the Tranche 1 Investment, in which NMG will provide 18,000 tonnes per annum of its expected Phase-2 active anode material output to GM upon reaching full production for an initial [...]
On the back of agreed-upon offtake agreements with Panasonic Energy Co., Ltd. , a wholly owned subsidiary of Panasonic Holdings Corporation , and General Motors Holdings LLC, a wholly owned subsidiary of General Motors Co. , Nouveau Monde Graphite Inc. has rallied Mitsui & Co., Ltd and Pallinghurst Bond Limited for an aggregate combined investment [...]
Cleveland-Cliffs Inc. announced today that it will be indefinitely idling its tinplate production plant located in Weirton, West Virginia in April 2024. The need to idle the Weirton plant is a direct result of the unanimous decision issued by all four members of the International Trade Commission negating the implementation of anti-dumping and [...]
Hecla Mining Company today announced fourth quarter 2023 financial and operating results. HIGHLIGHTS Silver reserves of 238 million ounces, silver production of 14.3 million ounces, and total sales of $720.2 million, all are the second highest in Company history. Lucky Friday restarted production on January 9th, with first insurance proceeds [...]
Trigon Metals Inc. is pleased to announce that it has entered into an arrangement agreement with its wholly-owned subsidiary, Safi Silver Corp. , to undertake a spin-out transaction that would reorganize the business and capital structure of the Company to spin out its assets in Morocco, namely the Silver Hill project , to the shareholders of [...]
Compañía de Minas Buenaventura S.A.A. , Peru's largest publicly-traded precious metals mining company, today announced 4Q23 results for production and volume sold. Production per Metal Three Months Ended December 31, 2023 Year Ended December 31, 2023 Year Ended December 31, 2024 Guidance Gold ounces produced El Brocal 6,472 21,103 17.0k - 20.0k [...]
Royal Gold, Inc. reports net income of $239.4 million, or $3.63 per share, for the year ended December 31, 2023, on revenue of $605.7 million and operating cash flow of $415.8 million. Adjusted net income1 was $232.9 million, or $3.53 per share. For the quarter ended December 31, 2023 , we reported net income of $62.8 million, or $0.95 per share [...]
Greenland Resources Inc. is pleased to announce that the Company has signed a Memorandum of Understanding with COWI A/S , an integrated engineering and environmental company based in Denmark. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240214936959/en/ The MOU strengthens current [...]
SSR Mining Inc. provides an update on the incident at Çöpler. A significant slip occurred at the Çöpler heap leach pad at approximately 6:30am ET on February 13, 2024. At present, we can confirm nine individuals are unaccounted for at site and our efforts right now continue to focus on locating our colleagues who are missing and ensuring that all [...]
Rare Element Resources Ltd. is pleased to announce that today it has commenced the previously announced rights offering to raise up to approximately US$35.8 million in gross proceeds. The Company will issue to the holders of its common shares on December 15, 2023, the record date for the rights offering, at no charge, one and four-tenth [...]
Royal Gold Inc. announced today that its wholly owned subsidiary, RGLD Gold AG, has executed an additional agreement with Centerra Gold Inc. and its wholly-owned subsidiary, Thompson Creek Metals Company Inc. , with respect to the Mount Milligan Mine that provides near-term cash and gold consideration to Royal Gold in return for long-term cost [...]