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Rio Tinto will replace its entire fossil diesel consumption with renewable diesel at its Kennecott copper operation in Utah from 2024. Kennecott's fleet of 90 haul trucks and all heavy machinery will begin to transition to renewable diesel in the first quarter of 2024, along with consumption from the concentrator, smelter, and refinery. The [...]
Lomiko Metals Inc. is pleased to announce that it will apply to the TSX Venture Exchange to close its private placement announced on November 23, 2023, pursuant to which it will issue 16,666,666 units at $0.03 per Unit for gross proceeds of $500,000. Each unit consists of one common share and one common share purchase warrant . Each Hard Warrant [...]
Triple Flag Precious Metals Corp. is pleased to congratulate Evolution Mining Ltd. on its proposed acquisition of an 80% interest in the Northparkes open pit and underground copper-gold mine in New South Wales, Australia from China Molybdenum Co., Ltd . Unless otherwise noted, all dollar amounts in this news release are expressed in US dollars [...]
Electra Battery Materials Corp. today announced that George Puvvada, Ph.D., P.Eng., PMP, was appointed Vice President of Metallurgy and Technology effective today. Dr. Puvvada, who brings 30 years of experience developing effective flowsheets for recovering metals from complex formations and completing large-scale projects with some of the mining [...]
Golden Minerals Company is pleased to announce that on December 1, 2023, it completed the previously-announced sale of its interests in the Santa Maria gold-silver property located in Chihuahua State, Mexico to Transformaciones y Servicios Metalurgicos S.A. DE C.V. . Upon closing, the Company has received $1.50 million plus $0.24 million in Value [...]
E3 Lithium Ltd. is pleased to provide a summary of its successes in 2023 and outline its plans for growth across all aspects of its business in 2024. "We set ambitious targets for ourselves in 2023 to advance our technology and our business; we have succeeded in accomplishing every milestone," said Chris Doornbos, President and CEO. "The results we [...]
Rio Tinto has approved a $77 million pre-feasibility study to progress development of the Rhodes Ridge project, one of the world's best undeveloped iron ore deposits, in the East Pilbara in Western Australia. The commencement of a PFS follows completion of an Order of Magnitude study that considered development of an operation with initial capacity [...]
Capstone Copper Corp. is pleased to announce that it has published its 2022 Sustainability Report, "Growing Responsibly" . Growing Responsibly is Capstone's inaugural sustainability report as a combined company, continuing a practice established by its predecessor companies. The report has been prepared in accordance with the Global Reporting [...]
Electra Battery Materials Corp. announced today that it intends to amend the terms of an aggregate of 10,796,054 outstanding common share purchase warrants due to expire on February 13, 2028. The Warrants were issued in connection with a private placement transaction that closed on February 13, 2023. They are currently exercisable at US$2.48 per [...]
Rio Tinto and Giampaolo Group have completed a transaction to form the Matalco joint venture, combining the strengths of North America's largest primary and secondary aluminium producers to meet the growing demand from manufacturers for low carbon materials. Following the receipt of all regulatory approvals, Rio Tinto has acquired a 50% equity [...]
Cameco announced today the appointment of Catherine Gignac as chair of Cameco's board of directors effective December 1, 2023. Gignac will succeed Ian Bruce, who passed away on October 15, 2023. Bruce had served as Cameco's board chair since May 2018. "I am honoured to be appointed chair and given the opportunity to lead this exceptional board and [...]
SSR Mining Inc. announced today that it has entered into a definitive agreement to sell its San Luis Project to Highlander Silver Corp. in exchange for total consideration of up to US$42.5 million . Total consideration consists of US$5.0 million in upfront cash and up to US$37.5 million in contingent payments payable in cash. Pursuant to the terms [...]