Commodity 2
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December 10, 2024
Commodity
VANCOUVER, BC / ACCESSWIRE / December 10, 2024 / Mawson Finland Limited ("Mawson" or the "Company") (TSX-V:MFL) is pleased to announcethe completion of the "first phase" (" EIA Program ") of the Environmental Impact Assessment procedure for th
December 10, 2024 (Australian Mining) - Horizon Minerals’ first ore from the Boorara gold project in Western Australia will be hauled to Norton Gold Fields’ nearby Paddington mill this month, marking an important operational milestone for the compan
December 10, 2024 (Australian Mining) - The Victorian Government has granted ministerial approval to two mineral sands projects, marking the first time such projects have been given the green light since 2008. Victorian Planning Minister Sonya
December 9, 2024
VANCOUVER, BC , Dec. 9, 2024 /CNW/ - 1911 Gold Corporation (" 1911 Gold " or the " Company ") (TSXV: AUMB ) is pleased to provide an update on exploration strategy on the True North project, following the recently released updated
VANCOUVER, BC , Dec. 9, 2024 /CNW/ - 1911 Gold Corporation (" 1911 Gold " or the " Company ") (TSXV: AUMB ) is pleased to provide an update on exploration strategy on the True North project, following the recently released updated 43-101 Mineral Resource Estimate ("MRE"). The Company also plans to complete a financing to support this strategy, by way of a non-brokered private placement of flow-through shares for aggregate proceeds of up to $5,000,000 (the "Offering"), with a lead investment from a corporate investor. The Offering The Offering is expected to be comprised of a combination of (i) shares of the Company issuable to residents in Manitoba (" Manitoba FT Shares ") at $0.239 per Manitoba FT Share, and (ii) flowthrough shares of the Company (" F
Toronto, Ontario--(Newsfile Corp. - December 9, 2024) - Torex Gold Resources Inc. (the "Company" or "Torex") (TSX: TXG) reports that the Company has received a notification from the Director General of Mines under the Federal Ministry of Economy that all activities within the Morelos Property are to be temporarily suspended to support their inspection associated with the fatal incident at the El Limón Guajes underground mine ("ELG Underground") on December 5 th . As a result, all operational and project activities within the Morelos Complex have been temporarily halted pending permission from officials to resume activities. Jody Kuzenko, President & CEO of Torex, stated: "This afternoon we were presented with a notice from the Director General of Mines to temporarily suspend activities a
Highlights EC-01 returned 2.01 g/t Au over 288.34m from surface including 3.07 g/t Au over 175.26m Discovered a new high-grade zone below the previously known mineralisation that returned 13.18 g/t Au over 13.69m including 21.70 g/t Au over 6.10m Bulk composite samples of key mineralized zones with visible gold are being processed and assayed to ensure the full coarse fraction is being captured. Vancouver, British Columbia--(Newsfile Corp. - December 9, 2024) - Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) (the " Company " or " Provenance ") is pleased to announce assay results from the first core hole drilled by Provenance (EC-01) on its Eldorado Gold Property in Malheur County in Eastern Oregon. Drill Hole EC-01 (HQ) was drilled to a total depth of 338.18 metres at a -68
Halifax, Nova Scotia--(Newsfile Corp. - December 9, 2024) - EDM Resources Inc. (TSXV: EDM) (FSE: P3Z) ("EDM" or the "Company") is pleased to announce a corporate update on our recent activities and progress on advancing the Scotia Mine to production. " We are pleased to provide an update to our investors on the continued progress made on the advancement of the Scotia Mine towards commercial production," said, Mr. Mark Haywood, President & CEO. "In addition to progressing key tasks required for production to start, we have completed ore sample separation trials using a Dense Media Separation ("DMS") pilot plant at a SGS Laboratory in Ontario. DMS plants are increasingly being used by other base metal mines as a low capital and operating cost method of increasing feed head grades during m
XXIX acquired Cuprum and its 100% owned Thierry Copper Project in an all-share deal XXIX becomes one of Eastern Canada's largest copper developer The combined Company was rebranded as XXIX Metal Corp., reflecting copper's atomic number 29 New TSXV Ticker symbol is XXIX, effective December 11 Toronto, Ontario--(Newsfile Corp. - December 9, 2024) - XXIX Metal Corp. (TSXV: QCCU) (OTCQB: QCCUF) ("XXIX" or the "Company") is pleased to announce that it has completed the acquisition (the "Acquisition") of 100% of the issued and outstanding common shares of Cuprum Corp. ("Cuprum"), establishing XXIX as one of Canada's largest copper resource developers, with two multi-billion-pound copper deposits in Quebec and Ontario. ... The Company is also pleased to announce that the Compan
December 9, 2024 (Source: Sibanye-Stillwater) Johannesburg, 9 December 2024. Sibanye-Stillwater (JSE: SSW and NYSE: SBSW) is pleased to announce that it has agreed to sell its Beatrix 4 shaft, which includes the Beisa uranium project (the Transaction), to Neo Energy Metals Plc. (Neo Energy), in a transaction that will allow the Beisa uranium project to be developed by Neo Energy, while Sibanye-Stillwater will retain exposure to future uranium production. Neo Energy is a uranium exploration and development company listed on the main board of the London Stock Exchange (LSE) and dual-listed in South Africa on the A2X market. The Beisa uranium project, located at the Beatrix 4 shaft in the Free State Province of South Africa, accesses the Beisa uranium reef through the upper sectio
Vancouver, British Columbia--(Newsfile Corp. - December 9, 2024) - GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) (" GoviEx ") and GoviEx Niger Holdings Ltd. (" GoviEx Niger "), GoviEx's fully owned subsidiary (together the " Companies "), have commenced arbitration proceedings (the " Arbitration ") against the Republic of the Niger (the " State ") under the Convention on the Settlement of Investment Disputes Between States and Nationals of Other States (the " ICSID Convention "). The Companies commenced the Arbitration pursuant to the arbitration clause set out in the Mining Convention signed on 26 May 2007 by GoviEx Niger and the State (the " Mining Convention ") which is governed by Nigerien Law, including the 1993 Mining Law as supplemented in 1999 and amended in 2006 (the " Mining Co
December 9, 2024 (IM - International Mining) - ABB says it has been selected by BHP to deliver, install and commission three friction hoists and a further electrical system for a Blair service hoist to its Jansen potash project in Canada. Installation of the initial two hoists is currently in progress, while the two other hoisting systems are being prepared for installation and commission between 2026 and 2027. This is a milestone project for the mining industry as one of the two production hoists will have the largest production capacity in the world, able to transport payloads of 75 t, ABB says. Its six ropes will be able to support the heavy loads from 1 km underground at a maximum speed of 18.3 m/s, supported by dual 7,700 kW motors. As the mining industry evolves to keep up with
December 9, 2024 (Source: Vulcan Energy) Vulcan Energy (Vulcan, ASX: VUL, FSE: VUL, the Company) is pleased to announce Export Finance Australia (EFA) has conditionally approved a €120m (~AU$196m) commitment as part of the Company’s debt financing process for its Phase One Lionheart integrated lithium and renewable energy project (the Project). Highlights • Approval of a €120m (~AU$196m) commitment by EFA follows the non-binding Letter of Support received by the Company in October 2023. Commitment subject to completion of final due diligence and signing of legal documentation including Australian export contract • The Company is advancing its financing process, supported by BNP Paribas as financial advisor, following strong engagement throughout 2024 with the European Investment Ba
/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / TSX.V - FPC MONTREAL , Dec. 9, 2024 /CNW/ - Falco Resources Ltd. (TSXV: FPC ) (" Falco " or the " Corporation ") is pleased to announce that it has entered into an agreement with Cantor Fitzgerald Canada Corporation to act as sole agent and sole bookrunner (the " Agent "), in connection with a "best efforts" private placement for aggregate gross proceeds of up to C$5,000,000 from the sale of units of the Corporation (the " Units ") at a price of C$0.25 per Unit (the " Offering "). Each Unit will consist of one common share of the Corporation (each, a " Common Share ") and one common share purchase warrant (each, a " Warrant "). Each Warrant shall entitle the holder to purchas
VANCOUVER, BC , Dec. 9, 2024 /CNW/ - Defense Metals Corp. ("Defense Metals" or the "Company"; (TSXV: DEFN ) (OTCQB: DFMTF) (FSE: 35D) is pleased to confirm that it expects to release the results of its Pre-feasibility Study ("PFS") for the Wicheeda Rare Earth Element Project during the week of February 10, 2025 . The full PFS report will be prepared in accordance with National Instrument 43-101 standards and filed within 45 days of the initial announcement. The PFS is being prepared by Hatch Ltd., a globally recognized engineering and consulting firm, with contributions from SRK Consulting and other leading experts. Price projections for the mixed rare earth carbonate expected to be produced have been provided by Argus Media, a respected authority in the rare earths market. Mr. Guy
TORONTO, ON / ACCESSWIRE / December 9, 2024 / Jaguar Mining Inc. ("Jaguar" or the "Company") (TSX:JAG) has reported that operations at its Turmalina mine, which is part of the Company's MTL mining complex located in the state of Minas Gerais, Brazil, approximately 130 kilometers northwest of the city of Belo Horizonte, have been temporarily suspended following a slump in the north wall of its nearby Satinoco tailings pile which consists of dry-stacked filtered tails and waste rock. On the morning of Saturday December 7, 2024, a visual inspection identified areas of concern at the Satinoco tailings pile. The mine's personnel and nearby community members were evacuated before the slump occurred, and no injuries were reported. The Company is working diligently with local authorities, incl
Highlights: Results continue to demonstrate the potential to link the Huarabagoo and Junnagunna uranium deposits HJ24DD017 – 25.00m @ 393.64 ppm (0.04%) U 3 O 8 from 15.00m , including 1.00m @ 1,015.29 ppm (0.10%) U 3 O 8 from 28.00m and 1.00m @ 2,128.46 ppm (0.21%) U 3 O 8 from 34.00m HJ24DD019 – 6.00m @ 1,177.43 ppm (0.12%) U 3 O 8 from 87.00m , including 4.00m @ 1,520.58 ppm (0.15%) U 3 O 8 from 89.00m Uranium mineralisation at Huarabagoo continues to deliver impressive results including: HB24DD010 – 15.60m @ 2,237.03 ppm (0.22%) U 3 O 8 and 0.53 g/t Au from 68.40m , including 1.00m @ 2,264.06 ppm (0.23%) U 3 O 8 and 0.23 g/t Au from 70.00m and 7.00m @ 4311.16 ppm (0.43%) U 3 O 8 and 0.10 g/t Au from 76.00m with highest interce
Including 0.5 metres @ 2,541.9 g/t gold VANCOUVER, BC / ACCESSWIRE / December 9, 2024 / Mawson Gold Limited ("Mawson" or the "Company") (TSXV:MAW)(Frankfurt:MXR)(OTC PINK:MWSNF) announces Southern Cross Gold Ltd. ("Southern Cross Gold" or "SXG") has released results from five drill holes from the Apollo prospect, with yet another significant discovery of 186 m @ 8.8 g/t Au * ("gold") (uncut) including 0.5 m @ 2,541.9 g/t Au at its 100%-owned Sunday Creek Gold-Antimony Project in Victoria. At Apollo, as for the adjacent Rising Sun mineralization, grades are increasing at depth. High Level Take Away: Sunday Creek Latest Results Setting New Records and Validating Growth Potential The latest drill results continue to reinforce Sunday Creek as one of the best gold-antimony
VANCOUVER, BC , Dec. 9, 2024 /CNW/ - Nevada King Gold Corp. (TSXV: NKG ) (OTC: NKGFF) (" Nevada King " or the " Company ") is pleased to announce results from 20 vertical, reverse circulation (" RC ") holes and one diamond core drill hole completed in the North Extension Target (" NET ") (Tables 1 and 2) together with 14 RC holes drilled in the East Ridge Target (" ERT ") (Table 5) at its 12,000 hectare (120km 2 ), 100% owned Atlanta Gold Mine Project, located in the prolific Battle Mountain Trend 264km northeast of Las Vegas, Nevada . These holes were completed as part of the Company's Phase II drill program. Highlights: Hole No. From (m) To (m) Interval (m) Au (g/t) Ag (g/t)
Highlights: Two (2) additional drill holes from the summer drill campaign with strong analytical results are reported herein. Highlights include: CS-24-022: Three wide intervals containing: 55.8 m at 1.60% Li 2 O; 52.3 m at 1.78% Li 2 O, including 21 m at 2.46% Li 2 O; and 47.2 m at 1.55% Li 2 O. CS-24-023: Widest interval of 188.6 m at 1.56% Li 2 O, including 26.0 m at 2.03% Li 2 O. VANCOUVER, BC / ACCESSWIRE / December 9, 2024 / Q2 Metals Corp. (TSX.V:QTWO)(OTCQB:QUEXF)(FSE:458) (" Q2 " or the " Company ") is pleased to report further assay results from the 2024 drill campaign at the Cisco Lithium Property (the " Property " or the " Cisco Property ") located within the greater Nemaska traditional territory of the Eeyou Istchee James
Assays from second hole of current drill program (PEP013) received. Composite intersection of 77.3m @ 7.68g/t Au from surface. Assays from third hole (PEP014) expected shortly. Drilling of fourth hole (PEP015) has been completed and assays dispatched to the lab for analysis. Preparation of platform for PEP016 under way. LONDON, UK / ACCESSWIRE / December 9, 2024 / Orosur Mining Inc. (" Orosur " or the " Company ") (TSXV:OMI)(AIM:OMI) , is pleased to announce an update on the progress of exploration activities at the Company's flagship Anzá Project ("Project") in Colombia. ANZÁ Project The Anzá Project is now 100% owned by the Company following recent completion of a Share Purchase Agreement (SPA), announced 28 th November 2024, whereby the Company
December 9, 2024 (Australian Mining) - The Federal Government has handed out a further $21 million in grants to support emerging critical minerals projects. The five grants will be distributed through the International Partners in Critical Minerals program , which provides critical minerals companies up to $20 million in funding to grow supply chains with international partners. Vanadium was a large focus of the grants, with Vecco Group to receive $3.8 million to support the feasibility and design of a high-purity vanadium project in Queensland and Critical Minerals Group to obtain $2.7 million to build a vanadium electrolyte production chain for battery-grade chemical materials in northern Queensland. Other recipients included Graphinex, Tivan and Australian Rare Earths. Graph
VANCOUVER, BC , Dec. 9, 2024 /CNW/ - (TSX: LUN ) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") announces today it has signed a definitive agreement to sell its Neves-Corvo operation in Portugal and Zinkgruvan operation in Sweden to Boliden AB (OM: BOL) ("Boliden") for up to $1.52 billion in total consideration (the "Transaction"). Unless otherwise stated, all numbers are presented in United States dollars. Under the terms of the agreement, Lundin Mining will receive upfront cash consideration of $1.37 billion upon closing, based on a cash-free and debt-free enterprise value of $1.3 billion as of an August 31, 2024 lock box date ("Lock-Box"). In addition, Lundin Mining will receive up to $150 million in co
December 6, 2024
December 6, 2024 (Source: Tivan Limited) Tivan has been awarded a $7.4 million cash grant for the Speewah Fluorite Project under the Australian Government’s International Partnerships in Critical Minerals (“IPCM”) Program. • The IPCM Program supports early to mid-stage critical minerals projects that contribute to building supply chains with Australia’s international partners. • Tivan is progressing planning for a mining and processing operation at Speewah to produce acid grade fluorspar in strategic partnership with leading Japanese trading house Sumitomo Corporation. • The grant will be used to fund Feasibility and Definitive Feasibility Studies for the Project ahead of a final investment decision to progress into construction and operation. Tivan is scheduled to achieve FID i