Commodity 2
Lorem ipsum dolor sit amet consectetur. Iaculis morbi a purus donec faucibus condime...
May 2, 2025
Commodity
VANCOUVER, BC , May 2, 2025 /CNW/ - Artemis Gold Inc. (TSXV: ARTG ) ("Artemis Gold" or the "Company") announces it has achieved commercial production at the Blackwater Mine in central British Columbia . Over the past 30 days, the average tonnes
May 1, 2025
VANCOUVER, BC , May 1, 2025 /CNW/ - May 2, 2025 – Sydney, Australia Highlights Permitting of the Shaakichiuwaanaan Project is on schedule and progressing well . The Company has formally commenced the Federal permitting process for
Milestone marks the Company's official transition to become both a gold and copper producer (All amounts expressed in U.S. dollars unless otherwise stated) Toronto, Ontario--(Newsfile Corp. - May 1, 2025) - Torex Gold Resources Inc. (the "Company"
VANCOUVER, British Columbia, May 01, 2025 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the “Company” or “Calibre”) is pleased to announce that holders of Calibre common shares (the “Shareholders”) and holders of options issued
VANCOUVER, British Columbia, May 02, 2025 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | GSE:ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) (“Asante” or the “Company”) announces the filing of its audited financial statements and management’s discussion and analysis for the fiscal year ended January 31, 2025. All dollar figures are in United States dollars unless otherwise indicated. A summary of the financial and operating results for fiscal 2025 are presented in this news release. For a detailed discussion of results for the full fiscal year and the fourth quarter, please refer to the Management’s Discussion and Analysis filed on SEDAR+ at www.sedarplus.ca and Asante’s website at www.asantegold.com . Dave Anthony, President & CEO, Asante Gold Corporation, stated: “In the fiscal ye
VANCOUVER, BC , May 2, 2025 /CNW/ - Artemis Gold Inc. (TSXV: ARTG ) ("Artemis Gold" or the "Company") announces it has achieved commercial production at the Blackwater Mine in central British Columbia . Over the past 30 days, the average tonnes per day processed through Blackwater's crushing circuit was 17,700 tonnes per day (107% of design capacity), while the milling circuit has averaged over the same period 15,300 tonnes per day (93% of design capacity). Further to this, the milling circuit has averaged for the last 14 days 16,700 tonnes per day (102% of design capacity). n the open pit, mining has delivered in excess of 90% of its planned tonnage, with both the 400 tonne and the 600 tonne production excavators fully deployed. Mined tonnes and grades based on grade control modelin
VANCOUVER, BC , May 1, 2025 /CNW/ - May 2, 2025 – Sydney, Australia Highlights Permitting of the Shaakichiuwaanaan Project is on schedule and progressing well . The Company has formally commenced the Federal permitting process for the Project, with the submission of its Initial Project Description to the Impact Assessment Agency of Canada ( IAAC ). The IAAC and Cree Nation Government have confirmed that the submitted documentation meets the necessary requirements, allowing the Federal permitting process to formally commence. This process will run in parallel with the Provincial permitting process already underway, to align the submission of the Provincial and Federal Environmental and Social Impact Assessments (" ESIA ") for late 2025. The ESIA submissions will be
Milestone marks the Company's official transition to become both a gold and copper producer (All amounts expressed in U.S. dollars unless otherwise stated) Toronto, Ontario--(Newsfile Corp. - May 1, 2025) - Torex Gold Resources Inc. (the "Company" or "Torex") (TSX: TXG) is pleased to announce it has achieved commercial production at the Media Luna mine, concluding the development phase of the Media Luna Project. Amongst other criteria, commercial production is declared when construction is substantially complete, mine and mill throughput have averaged over 40% and 60% of design rates for 30 days, respectively, product is saleable, and metallurgical recoveries have averaged at least 60% of the design recovery levels. Unless otherwise stated, progress and milestones referenced in this pre
VANCOUVER, British Columbia, May 01, 2025 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the “Company” or “Calibre”) is pleased to announce that holders of Calibre common shares (the “Shareholders”) and holders of options issued under Calibre’s amended and restated long-term incentive plan (the “Optionholders”, and together with the Shareholders, the “Securityholders”) have approved the business combination with Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) (“Equinox Gold”) pursuant to a plan of arrangement (the “Arrangement”), whereby Equinox Gold will, among other things, acquire all the issued and outstanding Calibre shares. The vote was passed at Calibre’s special meeting of Securityholders (the “Meeting”) held earlier today. The Arrangement was approved by (
Revenue for the year was $89.4 million – an increase of 10% from 2023. Revenue for 2024-Q4 was $24.9 million – an increase of 29% from 2023-Q4. Net income for the year was $4.2 million – an increase of 51% from 2023. EBITDA (1) for the year was $33.2 million – an increase of 7% from 2023. EBITDA (1) for 2024-Q4 was $10.5 million , compared to $5.2 million in 2023-Q4. Soma sold 27,688 AuEq ounces in 2024, compared to 31,769 in 2023. In 2024-Q4 6,823 AuEq ounces were sold compared to 7,266 AuEq ounces in Q4-2023. Total cash costs per ounce of gold sold (1) were US$1,253 for the fourth quarter and US$1,259 for the full year. The average realized cash margin (1) was US$1,431 for the fourth quarter and US$1,152 for the full year. EBITDA (1)
Canadian Tungsten to Address Critical Mineral Supply Chain Vulnerability VANCOUVER, BC , May 1, 2025 /CNW/ - Northcliff Resources Ltd. ("Northcliff" or the "Company") (TSX: NCF ) is pleased to announce the United States Department of Defense ("US DoD") has awarded the Company a US$15 million ( ~C$20.7 million ) award under the Defense Production Act ("DPA") Title III program to expand tungsten's domestic capacity, sustainment of its critical production and address vulnerability in the Critical Minerals supply chain in the United States and Canada . This important non-share dilutive funding will allow Northcliff to advance the Sisson Tungsten-Molybdenum Project in Canada (the "Sisson Project") toward a project construction decision. The Company has also obtained conditional fu
North Vancouver, British Columbia--(Newsfile Corp. - May 1, 2025) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) ("Lion One" or the "Company") is pleased to report significant new high-grade gold results from 4,123.8 meters of underground infill and grade control drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji (" Tuvatu "). The drilling is focused on the Zone 5 area of the deposit, which is currently being mined. Drilling was conducted from two near surface underground drill stations. The Company intersected high-grade mineralized structures in 29 drill holes targeting the UR2 lode down-dip of current underground developments. Most of the drill holes did not exceed 150 m in length and most of the high-grade drill intercepts are located within 50 m of current unde
Growing Resources & Managing Costs at Cornerstone LDI Mine Ottawa, Ontario--(Newsfile Corp. - May 1, 2025) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (FSE: 0NG) (XSTU: 0NG) (the " Company " or " Northern ") announces that its Audited Financial Statements and Management's Discussion and Analysis for the year ended December 31, 2024 have been filed on SEDAR+ and posted to the Company's website. The Company is pleased to provide the following operational and financial summary. "In 2024, we implemented strict cost controls to preserve cash while simultaneously expanding resources through exploration success at our cornerstone Lac des Iles ("LDI") mine and advancing our vertical integration strategy with the launch of our battery materials division in Frankfurt. Despite geo
Record grades of 23.28% NiEq or 48.87% CuEq intercepted over 8.25 meters outside of the Tamarack Resource Area Tamarack, Minnesota--(Newsfile Corp. - May 1, 2025) - Talon Metals Corp. (TSX: TLO) (OTC Pink: TLOFF) (together with its subsidiaries, "Talon" or the "Company" ), the majority owner and operator of the Tamarack Nickel-Copper-Cobalt Project (" Tamarack Nickel Copper Project ") in central Minnesota, is pleased to announce a record grade massive sulphide intercept at the Tamarack Nickel Copper Project from drill hole 16TK0250 measuring 8.25 meters grading 23.28% NiEq or 48.87% CuEq. Figure 1: Photo of drill core from the extension of drill hole 16TK0250 at 707.75 meters depth showing 8.25 meters of massive sulphide grading 12.62% Ni, 13.88% Cu, 0.12% Co and 17.95 g/t PGEs
Kevin Small P.Eng Appointed EVP Operations for Copperstone Development Toronto, Ontario--(Newsfile Corp. - May 1, 2025) - Minera Alamos Inc. (TSXV: MAI) (the "Company" or "Minera Alamos") is pleased to provide selected financial and operational highlights from its 2024 Annual Financial Statements and MD&A filed on Sedarplus on April 30 th , 2025. "The benefits of the new operating plan at Santana initiated in the middle of last year began to show with the improvement in mine operating performance in the last quarter of 2024. " stated Darren Koningen, CEO of Minera Alamos. "While there are signs of an improving permitting landscape in Mexico for 2025, the Company is aggressively advancing activities and plans for its newly acquired Copperstone mine in Arizona, US, providing us with a p
Annual production of 54,494 Gold Equivalent Ounces ("GEO"); in-line with guidance Adjusted EBITDA of $4.5 million for Q4, and $24.4 million for the full year excluding project sales proceeds from sale of Monte Do Carmo Received $34 million in Asset sale and Option payment proceeds in Q4: Received $49 million for the full year with up to $25 million ($15 million guaranteed) due in the coming years. Continued strengthening of the Balance sheet with a US$54.5 million improvement in the working capital position achieved Management to host a Conference Call to discuss the financial and operational results on May 1 st , 2025, at 11:00 AM EDT TORONTO, ON / ACCESS Newswire / May 1, 2025 / Cerrado Gold Inc. [TSX.V:CERT][OTCQX:CRDOF; FRA:BAI0] (" Cerrado " or t
April 30, 2025
April 30, 2025 (Source: Talga Group Ltd) Battery materials and technology company Talga Group Ltd (“Talga” or “the Company”) (ASX:TLG) is pleased to announce the selection of Worley Limited (“Worley”) – a leading global professional services company of energy, chemicals and resources experts – as the preferred contractor to deliver Engineering, Procurement and Construction Management (EPCM) services for its mine-to-anode integrated Vittangi Anode Project in Sweden. Worley brings extensive expertise to the Vittangi Anode Project, having played a key role in its development since 2019 with engineering services provided for the Pre-Feasibility Study (PFS), Detailed Feasibility Study (DFS) and, most recently, the Front-End Engineering Design (FEED) and Value Improvement Process in 2024. Additi
April 30, 2025 (Source: Theta Gold Mines Limited) Theta Gold Mines Limited (“Theta Gold” or the “Company”) (ASX: TGM) is pleased to provide an operational update on the progress of the TGME Gold Processing Plant. Key pre-construction activities have commenced, including decommissioning of the old gold plant and completion of the final design and engineering packages. A video showcasing the final plant design and approved project footprint is now available on the Company’s website HIGHLIGHTS Predevelopment Work • Procurement of electrical and wastewater management systems for temporary operations. • Engagement of mobile cranes, flatbed trucks, and heavy equipment to facilitate decommissioning activities. • Purchase of yellow equipment to dismantle old structures and undertake site
April 30, 2025 (Source: Ivanhoe Mines Ltd) Ivanhoe Mines reports net profit of $122M and record $226M adjusted EBITDA in Q1 2025, up from $136M in Q4 2024 Kamoa-Kakula produced a near-record 133,120 tonnes of copper in Q1 2025, with annualized production rates increasing to approx. 614,000 tonnes since mid-March Kamoa-Kakula set to achieve record month in April with approximately 50,000 tonnes of copper produced Kamoa-Kakula achieves record $973M revenue, operating profit of $471M, and $585M EBITDA in Q1 2025 Kamoa-Kakula maintains competitive cost structure with $1.69/lb. cash cost (C1); near low end of annual guidance Commissioning of Africa’s largest and greenest copper smelter nearing completion; start-up expected in May with first anodes from July + In
April 30, 2025 (Source: Vedanta Limited) Mumbai, April 30, 2025: Vedanta Limited today announced its Consolidated Results for the Fourth Quarter ended 31st Mar 2025. Financial Highlights: 4QFY25: o Highest-Ever Consolidated Revenue at - 39,789 crore, up 14% YoY o Consolidated EBITDA stood at - 11,618 crore, up 30% YoY and 3% QoQ o EBITDA margin at 35%2 , up 465 bp YoY – highest in the last 12 quarters o Profit after tax (PAT) at - 4,961 crore, up 118% YoY and 2% QoQ o Net Debt at - 53,251 crores with Net debt/ EBITDA at 1.2x (vs1.4x in Dec’24) o Cash and Cash Equivalent improved by 34% YoY on the back of Free cash flow (pre-capex) of - 7,814 crore o Return on Capital Employed at 27% improved by 371 bps YoY and 277 bps QoQ FY25: o Highest-Ever Consolidated Revenue at - 1,50,7
Apr 30, 2025 6:43 PM Eastern Daylight Time LONDON & DENVER & JOHANNESBURG--( BUSINESS WIRE )-- AngloGold Ashanti plc (“AngloGold Ashanti”, “AGA” or the “Company”) has agreed to sell its interests in two gold projects in Côte d’Ivoire to Resolute Mining Limited (“Resolute”) as it continues to sharpen its focus on its operating assets and development projects in the United States. The Company will sell Centamin West Africa Holdings Limited (“CWAH”), which owns the Doropo Project and the Archean-Birimian Contact (“ABC”) Project in Côte d’Ivoire (collectively, the “Projects”), to Resolute, which has extensive operational experience in West Africa (the “Sale”). The breakdown of the consideration for the Sale is detailed below. AngloGold Ashanti acquired an indirect interest in the Project
TORONTO, April 30, 2025 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “Company”) ( TSX, NYSE: HBM) is pleased to announce the completion of the previously announced acquisition of Mitsubishi Materials Corporation’s (“ MMC ”) 25% interest in Copper Mountain Mine (BC) Ltd. (the “ Transaction ”). As a result of the Transaction, Hudbay now owns 100% of the Copper Mountain mine. Hudbay has made the initial US$4.5 million cash payment to MMC with the remaining deferred and contingent cash payments to be made in accordance with the terms of the purchase agreement, as described in Hudbay’s March 27, 2025 news release. The consolidation of the Copper Mountain mine further supports Hudbay’s strategy of increasing its copper production in tier-1 mining jurisdictions. The additional at
83km of drilling and $11M invested in resource development and exploration in Q3, FY25 PERTH , Western Australia , April 30, 2025 /CNW/ - Westgold Resour ces Limited (ASX: WGX) ( TSX: WGX ) ( Westgold or the Company) is pleased to announce the results of Westgold's exploration and resource development activities during Q3 FY25. Highlights MURCHISON At Bluebird- South Junction , the key production growth driver in the Murchison, new drilling results include: 8.11m at 12.66 g/t Au from 166.00m in 24BLDD203A, 6.72m at 8.30 g/t Au from 163.00m in 24BLDD205 and 6.57m at 9.41 g/t Au from 170.00m in 24BLDD208 The high-grade Nightfall orebody within the Starlight UG continues to deliver consistently strong results, with many showing grades an
VANCOUVER, BC , April 30, 2025 Foran Mining Corporation (TSX: FOM ) (OTCQX: FMCXF) ("Foran" or the "Company") is pleased to provide a construction update on its 100% owned McIlvenna Bay project in Saskatchewan, Canada . As of the quarter ending March 31, 2025 , the project continues to advance steadily, with significant progress made across key areas of development. All updates are dated as of March 31, 2025 unless otherwise stated. Key Achievements as of March 31, 2025 : Safety remains a top priority for the Company, with a lost time incident frequency rate year-to-date for the site (includes exploration) of 1.4, and a workforce of approximately 510 people on site. Overall construction progress reached 32%, with major ongoing work across the process plant