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Almonty Industries Inc. , through its wholly-owned South Korean subsidiary, Almonty Korea Tungsten Corporation , is pleased to announce that it has received a fully executed Utilization Request for US$13.7 million in conjunction with the sixth drawdown on the US$75.1 million KfW IPEX-Bank loan facility related to the construction of the Company's [...]
Dynacor Group Inc. , an international gold ore industrial corporation servicing ASMs , today announced its board of directors approved a 16.666% increase to the Corporation's monthly dividend. The monthly dividend will increase to Canadian 1.166667 cents from 1 cent and on an annual basis to Canadian 14 cents from 12 cents per common share starting [...]
Golden Minerals Company is pleased to announce it has begun producing gold-bearing pyrite flotation concentrate from its Velardeña Properties in Durango State, Mexico. The Company is processing material that has been stockpiled at Velardeña since the mines last operated in 2015. The material was only partially processed during past operations and a [...]
Gold Reserve Inc. announces today that the Company has been advised by the Internal Revenue Service that it will issue Notices of Proposed Adjustment proposing to disallow the worthless stock deductions taken by the Company's U.S. subsidiary for the 2017 tax year and tax income on or related to the arbitration award that may be received by the [...]
Coeur Mining Inc. today announced that its subsidiary, Coeur Mexicana, S.A. de C.V., has signed a purchase agreement with a subsidiary of Fresnillo plc to acquire mining concessions adjacent to the Palmarejo gold-silver complex located in the state of Chihuahua, Mexico. Total consideration includes a cash payment of approximately $25 million and a [...]
Arizona Sonoran Copper Company Inc. , reports that exploration drilling at the MainSpring property intersected near surface copper mineralization from 4 drill holes. The southern-most MainSpring drill hole, ECM-186, was collared 2,500 ft south of the Parks/Salyer deposit and intersected shallow oxide mineralization at a depth of 138 ft from [...]
New Found Gold Corp. is pleased to provide an update on surface trenching at the Keats Zone at its Queensway Project. New Found's 100%-owned Queensway project comprises a 1,662km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador. This press release features multimedia. View the full release here [...]
Freeport-McMoRan Inc. has been notified by TRC Capital Investment Corporation that it is making an unsolicited "mini-tender" offer to FCX shareholders to purchase up to 3,000,000 shares of FCX's common stock at a current below-market price of $32.20 per share. TRC's offer price is approximately 4.4% below the $33.69 per share closing price of FCX's [...]
Electra Battery Materials Corp. today reported its financial results for the three- and nine-month periods ended September 30, 2023, and provided an update on the commissioning of its cobalt refinery and its black mass recycling trial. All amounts are in Canadian currency unless otherwise stated. "Against a backdrop of challenging market and [...]
Gold Reserve Inc. announced that, at the annual general meeting of shareholders held November 15th, 2023 , James H. Coleman, Rockne J. Timm, Yves M. Gagnon, Robert A. Cohen, James Michael Johnston, James Tunkey and David Knight were elected to the Board of Directors of Gold Reserve to hold office until the next annual meeting or until their [...]
Electra Battery Materials Corp. will release its third quarter 2023 financial results after market close on November 16, 2023. Senior management will host a conference call and webcast on November 17, 2023 at 10:00 am ET to review Electra's third quarter performance and discuss near-term outlook. Dial-in and Webcast Details: North American dial-in [...]
Rare Element Resources Ltd. is pleased to announce that the U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy has finalized its National Environmental Policy Act review of the Company's planned rare earth processing and separation demonstration plant to be built in Upton, Wyoming. This completes the federal permitting [...]