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August 4, 2025
Commodity
Boca Raton, Florida--(Newsfile Corp. - August 4, 2025) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading lithium development company, is pleased to announce that SGS Canada Inc. ("SGS") has completed the Definitive
August 4, 2025 (Australian Mining) - The proposed transaction that will see Medallion Metals acquire the Forrestania operation in Western Australia, including the Cosmic Boy plant, from IGO is now legally binding. As per the original announcemen
August 3, 2025
HIGHLIGHTS: New step-out holes drilled at Icon targeting a large gap under previous drilling returned thick, high-grade gold, confirming mineralisation continuity and significant potential for resource growth. All holes ending in mineralisation,
August 2, 2025
August 2, 2025 (Source: Reuters) SANTIAGO, (Reuters) - Chilean copper giant Codelco has halted mining at its flagship El Teniente mine and postponed its quarterly results announcement as it continued efforts on Friday to reach five trapped workers f
August 5, 2025
Page 8 Torex Gold Resources Inc. plans to acquire all shares of Reyna Silver Corp. that it does not already own for $26 million in cash. Through the acquisition, Torex will acquire direct ownership in a suite of highly prospective exploration projects located in Mexico, with the most advanced being the Batopilas and Guigui projects in Chihuahua. The acquisition also provides Torex with the option to acquire an initial 70% interest in the prospective Gryphon Summit, located at the southern end of the Carlin-trend, and a 100% interest in the Medicine Springs projects in Nevada
TMC published two technical economic assessments prepared in accordance with Subpart 1300 of Regulation S-K highlighting a total combined project value of $23.6 billion, showing potential economic viability of its NORI-D Project and significant scalability across other NORI and TOML areas World-first Pre-Feasibility Study (PFS) for a polymetallic nodule project in the NORI-D area with a Net Present Value (NPV) of $5.5 billion The PFS Technical Report Summary (TRS) marks a world-first declaration of Mineral Reserves for a polymetallic nodule project with 51 million tonnes (Mt) of probable mineral reserves; Measured, indicated and inferred mineral resources exclusive of reserves of 274 Mt of wet nodules are expected to provide an additional 113 Mt of recoverable nodules once detailed sur
Boca Raton, Florida--(Newsfile Corp. - August 4, 2025) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading lithium development company, is pleased to announce that SGS Canada Inc. ("SGS") has completed the Definitive Feasibility Study ("DFS") for the Company's 100%-owned Neves Lithium Project ("Project"), a technical report prepared under the U.S. guidelines of Item 1300 of Regulation S-K ("Regulation S-K 1300"). This hard-rock Project is well-suited to being a low-cost open-pit mining operation, as its spodumene deposits are located relatively close to the surface. Located in the state of Minas Gerais, Brazil, the Project encompasses 4 of the 98 mineral rights for lithium owned by Atlas Lithium. As detailed in the DFS, the Neves Project is expected to deli
August 4, 2025 (Australian Mining) - The proposed transaction that will see Medallion Metals acquire the Forrestania operation in Western Australia, including the Cosmic Boy plant, from IGO is now legally binding. As per the original announcement from May, the now binding transaction would enable Medallion to develop and mine and the gold and copper resources at Forrestania, with IGO retaining the right to develop and mine any nickel and lithium endowment. Medallion would grant IGO a net smelter return royalty of up to 1.5 per cent on all future gold production from the Forrestania tenements. IGO would also be granted first right to be transferred any tenement at Forrestania if Medallion chooses to surrender or relinquish all or part of any tenement after the first three years pos
HIGHLIGHTS: New step-out holes drilled at Icon targeting a large gap under previous drilling returned thick, high-grade gold, confirming mineralisation continuity and significant potential for resource growth. All holes ending in mineralisation, significant intercepts include: 154m at 1.1g/t gold from 76m including 5m at 22g/t gold (25GLR_062) 134m at 1g/t gold from 66m including 44m at 2.2g/t gold (25GLR_060) 117m at 0.7g/t gold from 107m including 38m at 1.1g/t gold (25GLR_064) In addition, the drilling at Icon delivered multiple gold intercepts exceeding 200m, all ending in mineralisation, including: 206m at 0.5g/t gold from 194m including 19m at 0.9g/t gold and 43m at 0.9g/t gold (25GLR_036) 272m at 0.5g/t gold from 157m including 41m at 1.6g/t gold (25GLR_032
August 2, 2025 (Source: Reuters) SANTIAGO, (Reuters) - Chilean copper giant Codelco has halted mining at its flagship El Teniente mine and postponed its quarterly results announcement as it continued efforts on Friday to reach five trapped workers following a deadly collapse . By afternoon, the workers had been trapped nearly a full day without contact following a 4.2 magnitude tremor on Thursday that killed one person at the new Andesita unit of the world's largest underground copper deposit. Codelco said it would reschedule the release of its first-half financial results, planned for Friday morning, due to its attention on rescue efforts, which were complicated by aftershocks. "The tunnels are closed, they've collapsed. There's no possibility of even radio communication," El Tenient
August 1, 2025
TORONTO , Aug. 1, 2025 /CNW/ - Alpayana S.A.C. (" Alpayana ") and Sierra Metals Inc. (" Amalco ") announce today that Alpayana has completed the privatization of Sierra Metals Inc. (" Sierra "). The privatization was completed pursuant to the amalgamation (the " Amalgamation ") of Sierra and 17199279 Canada Inc. (" Subco "), a wholly-owned subsidiary of Sierra, and related transactions. The amalgamated company resulting from the Amalgamation (being Amalco) has retained the name "Sierra Metals Inc.". The Amalgamation constituted the "subsequent acquisition transaction" contemplated by the offer (" Offer ") of Alpayana Canada Ltd. (" Alpayana Canada ") to acquire all of the issued and outstanding common shares of Sierra (the " Sierra Shares ") that expired on
TORONTO, Aug. 01, 2025 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation (“ Mandalay ” or the “ Company ”) (TSX: MND, OTCQB: MNDJF) is pleased to announce that the Supreme Court of British Columbia has issued a final order approving the previously announced plan of arrangement under the Business Corporations Act (British Columbia) (the “ Arrangement ”), pursuant to which Alkane Resources Limited (“ Alkane ”) will acquire all of the issued and outstanding common shares of Mandalay (“ Mandalay Shares ”). Under the Arrangement, shareholders of Mandalay will be entitled to receive, for each Mandalay Share held, 7.875 fully paid ordinary shares in the capital of Alkane. The receipt of the Final Order was the final substantive condition to closing the Arrangement. The Arrangement is expected
Vancouver, British Columbia--(Newsfile Corp. - August 1, 2025) - Silver47 Exploration Corp. (TSXV: AGA) (OTCQB: AAGAF) (" Silver47 ") and Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (" Summa ") (together, the " Companies ") are pleased to announce the completion of their previously announced at-market merger (the " Transaction ") by way of a court-approved plan of arrangement (the " Arrangement "). The combined company (the " Combined Company ") will continue under the name "Silver47 Exploration Corp.". Under the terms of the Transaction, Summa shareholders received 0.452 common shares of Silver47 (each whole share, a " Silver47 Share ") in exchange for each Summa common share (each a " Summa Share ) held (the " Exchange Ratio "). As a result of the Transacti
VANCOUVER, BC , Aug. 1, 2025 /CNW/ - Kootenay Silver Inc. (TSXV: KTN ) (OTCQX: KOOYF) (the "Company" or "Kootenay") is pleased to announce the filing of the independently prepared National Instrument 43-101 (" NI 43-101 ") technical report supporting the first ever Mineral Resource Estimate (" MRE ") for its 100%-owned Columba Silver Project, located in Chihuahua, Mexico ("Columba"). The technical report entitled " Technical Report on the Maiden Mineral Resource Estimate for the Columba Ag-Pb-Zn Project, Chihuahua State, Mexico " and dated August 1, 2025 , MRE effective date, May 29, 2025 has been filed on SEDAR+ at www.sedarplus.ca and is also available at the Company's website at www.kootenaysilver.com . Highlights of the Columba Property MRE are as follows: The u
Page. 6 Based on Zijin’s preliminary research, after optimization, the mining and processing scale can be upgraded to 10 million mt/y. The company said it expects that the production volume and economic efficacy of the project can be further promoted through optimization of cut-off of open-pit mining, modification of processing technologies and procedures, and other improvement measures
July 31, 2025
Not for distribution to U.S. news wire services or dissemination in the United States. MONTREAL, July 31, 2025 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and RBC Capital Markets, under which the underwriters have agreed to buy, on a "bought deal" private placement basis, 58,560,000 units of the Company (the "Units"), at a price of US$2.05 per Unit (the “Issue Price”) for aggregate gross proceeds of US$120,048,000 (the "Offering"). Each Unit consists of one common share of the Company (“Common Share") and one-half of one common share purchase warrant of the Company (each whole common share purchase warrant a “W
Not for distribution to United States newswire services or for dissemination in the United States VANCOUVER, British Columbia, July 31, 2025 (GLOBE NEWSWIRE) -- Koryx Copper Inc. (the “ Company ”) ( TSX-V: KRY ) is pleased to announce that it has closed (i) its previously announced bought deal public offering (The “ Offering ”) of an aggregate 19,047,680 common shares of the Company (the “ Common Shares ”) at a price of C$1.05 per Common Share (the “ Issue Price ”) for aggregate gross proceeds to the Company of C$20,000,064, inclusive of the exercise in full of the over-allotment option granted to the Underwriters (defined herein) (the “ Offering ”), and (ii) closed a concurrent non-brokered private placement (the “ Placement ”) of an aggregate 4,761,844 Common Shares also at the Issue
VANCOUVER, BC , July 31, 2025 /CNW/ - Lundin Gold Inc. (TSX: LUG ) (Nasdaq Stockholm: LUG) (OTCQX: LUGDF) ("Lundin Gold" or the "Company") is pleased to announce positive results from its conversion and near-mine exploration drilling programs at its 100% owned Fruta del Norte ("FDN") gold mine in southeast Ecuador. Notable conversion drilling results at Fruta del Norte South ("FDNS") confirmed the deposit's continuity and identified additional mineralized zones. Mine engineering studies are underway aiming to integrate the FDNS deposit into the FDN long term mine plan. Concurrently, further high-grade results at FDN East continue to underscore the target's substantial growth potential. Highlights from the drilling programs at FDNS and FDN East are outlined below.
Montreal, Quebec--(Newsfile Corp. - July 31, 2025) - SIRIOS RESOURCES INC. (TSXV: SOI) (the " Corporation ") announces that it has closed the second and last tranche of its previously announced non-brokered private placement for gross proceeds of $1,358,000 (the " Offering "). Pursuant to the closing of this last tranche, the Corporation issued 22,633,335 units of the Corporation (the " Units ") at a price of $0.06, such that, taking into account the closing of the first tranche, a total of 41,666,667 Units were issued under the whole offering. Each Unit consists of one common share of the capital of the Corporation (a " Common Share ") and one Common Share purchase warrant (a " Warrant "). Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of $0.1
July 31, 2025 (IM - International Mining) - Betolar Plc has entered the Australian mining market through the signing of a commercial agreement to develop a cementless rockfill solution for the Mandalay Resources-owned Costerfield gold-antimony mine in the country
July 31, 2025 (IM - International Mining) - Anglo American is set to boost throughput at its Quellaveco copper mine in Peru, the company announced in its half-year results press release today. The mine, a conventional truck and shovel operation, had an original plant throughput of 127,500 t/d with plans to produce, on average, circa-300,000 t/y of copper in its first 10 years of operation
July 31, 2025 (Australian Mining) - Ramelius Resources has officially completed its acquisition of Spartan Resources, bringing the Dalgaranga gold project in Western Australia under its portfolio of assets. Every Spartan share has been transferred to Ramelius, and eligible scheme shareholders have been issued the 0.6957 new Ramelius shares and $0.25 per Spartan share held as of July 24 5pm AWST. The new Ramelius shares are expected to commence trading on the ASX on August 1, with Spartan’s ASX delisting to take effect on the same day at close of trading. Spartan executive chairman Simon Lawson has been appointed as Ramelius’ non-executive director and deputy chair, and Spartan non-executive director Deanna Carpenter has joined Ramelius as a non-executive director. Lawson and Carp
July 31, 2025 (Australian Mining) - As it prepares to welcome a new chief executive officer (CEO) to its ranks, Rio Tinto has delivered a solid year-on-year (YoY) increase in copper and aluminium production for the first half of 2025 (H1 2025). Rio Tinto has four key objectives: being the best operator, having impeccable ESG (environmental, social, and governance), excelling in development, and maintaining social licence. ... Main construction works at the Brockman Syncline 1 and Hope Downs 2 iron ore projects in WA have commenced, following support from Traditional Owners and the Federal and WA Governments
Vancouver, British Columbia--(Newsfile Corp. - July 31, 2025) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) (" Sierra Madre " or the " Company ") is pleased to announce it has closed the second and final tranche (the " Second Tranche ") of its previously announced brokered private placement offering of up to 27,858,000 units of the Company (each a " Unit ") at a price of $0.70 per Unit (the " Issue Price "). The Second Tranche consisted of 2,500,000 Units for gross proceeds of $1,750,000 and for aggregate gross proceeds, together with the closing of the first tranche (the " First Tranche "), of $19,500,600 (the " Offering "). Beacon Securities Limited (" Beacon ") acted as lead agent and sole bookrunner, on behalf of a syndicate of agents including Canaccord Genuity Corp. (together with B
West Vancouver, British Columbia--(Newsfile Corp. - July 31, 2025) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to announce that it has closed its private placement (the "Private Placement") of units (the "Units") comprised of one common share of the Company (the "Shares") and one-half share purchase warrant (each warrant being a "Warrant" or the "Warrants"). Each of the Warrants issued are exercisable for a period of two years from the date of issuance at a price of CDN$2.20 per Share. The Private Placement was first announced on July 21, 2025, and amended to increase its size on July 24, 2025. The Private Placement consisted of 5,928,310 units at a price of $1.55 for proceeds of $9,188,880. Commissions on the Privat