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Rio Tinto will today hold its 2023 Investor Seminar in Sydney, where it will update on progress in its long-term strategy of investing with discipline to strengthen operations, deliver growth in a decarbonising world and continue to generate attractive shareholder returns. Rio Tinto Chief Executive Jakob Stausholm said: "We strongly believe we are [...]
Rio Tinto will provide an update today at its Investor Seminar on the world class Simandou iron ore project in Guinea, which is being progressed in partnership with CIOH, a Chinalco-led consortium, Winning Consortium Simandou1 , Baowu and the Republic of Guinea. Simandou is the world's largest untapped high-grade iron ore deposit. The Simfer joint [...]
Rare Element Resources Ltd. is pleased to announce that it intends to launch a rights offering for gross proceeds of approximately US$36 million, if all subscription rights are exercised under the rights offering. In the rights offering, each holder of the Company's common shares as of the close of business on the record date of December 15, 2023 [...]
Fortune Minerals Ltd. is pleased to announce that it has secured government funding of up to $887,170 to support metallurgical test work for its 100% owned vertically integrated NICO cobalt-gold-bismuth-copper project in Canada . The NICO Project is an advanced development stage Critical Minerals asset comprised of a planned open pit and [...]
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 [...]
