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AngloGold Ashanti plc is pleased to announce that it intends, subject to execution of definitive documentation and satisfaction of customary conditions, to subscribe for 24,500,000 common shares in G2 Goldfields Inc. at C$0.90 per share for total consideration of C$22,050,000. Following completion of the Subscription, AGA will own approximately [...]
Pan American Silver Corp. announces the results of a preliminary economic assessment of its 100% owned, long-life La Colorada Skarn project in Zacatecas, Mexico. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231219022194/en/ La Colorada Skarn Development and Mining Zones "Our objective [...]
Cleveland-Cliffs Inc. issued the following statement regarding the announced proposed acquisition of U.S. Steel by Nippon Steel. Lourenco Goncalves, Chairman, President of CEO of Cleveland-Cliffs, said, "We identified U.S. Steel as an extremely undervalued company with significant synergy potential when combined with Cleveland-Cliffs, creating a [...]
Largo Inc. is pleased to provide an update on the ongoing exploration program surrounding its Maracás Menchen Mine, including an initial phase of drilling conducted in 2023 and the further analysis of past exploration work completed at the Company's Campbell Pit and exploration targets located both north and south of the Campbell Pit. This press [...]
Vista Gold Corp. is pleased to announce that its wholly-owned subsidiary, Vista Gold Australia Pty. Ltd. has received the first installment payment of $3 million under the royalty agreement between Vista Australia and Wheaton Precious Metals Co., an affiliate of Wheaton Precious Metals Corp. dated December 13, 2023 , in relation to the Company's Mt [...]
Greenland Resources Inc. is pleased to announce that it received a positive renewable energy report from COWI A/S , on wind and solar power generation to further decarbonize the Malmbjerg Molybdenum Project . Utilization of renewable energy at the Project will also help the country with jobs and critical infrastructure and is aligned with the [...]
Compañia de Minas Buenaventura S.A.A. , Peru's largest publicly-traded precious metals mining company, announces that is has become aware that Antofagasta plc has entered into transactions pursuant to which Antofagasta, acting through a wholly owned subsidiary, has acquired beneficial ownership of approximately 19% of Buenaventura's outstanding [...]
Rio Tinto confirms that Dr Megan Clark has stepped down as a non-executive director on 15 December 2023, having served for nine years on the Board of Directors. Rio Tinto Chair Dominic Barton said, "I would like to express my sincere thanks to Megan for her contribution to Rio Tinto. We will greatly miss her insights and wise counsel. On behalf of [...]
Arizona Sonoran Copper Company Inc. is pleased to announce today that it has entered into an option to joint venture agreement with Nuton LLC , a wholly-owned subsidiary of Rio Tinto, to establish a strategic alliance for deployment of the Nuton technologies at its Cactus Mine and the Parks/Salyer Project , in Arizona, USA. All dollar figures [...]
Vista Gold Corp. is pleased to announce that its wholly-owned subsidiary Vista Gold Australia Pty. Ltd. has entered into a Royalty Agreement with an affiliate of Wheaton Precious Metals Corp. dated December 13, 2023, in relation to the Company's Mt Todd gold project located in Northern Territory, Australia. All dollar amounts in this news release [...]
Please replace the release with the following corrected version due to multiple revisions. The updated release reads: $6.4 Northisle Copper and Gold Inc. is pleased to announce that it has increased the size of its previously announced oversubscribed $5.0 million non-brokered private placement to approximately $6.4 million, consisting of [...]
Northisle Copper and Gold Inc. is pleased to announce that it intends to raise aggregate gross proceeds of approximately $5,000,000 pursuant to a four-part private placement which will be a combination of common shares priced at C$0.28/share, flow-through common shares priced at C$0.35/share, charity flow-through common shares priced at [...]