Commodity 2
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June 25, 2024
Commodity
VANCOUVER, BC / ACCESSWIRE / June 25, 2024 / Faraday Copper Corp. (" Faraday " or the " Company ") (TSX:FDY)(OTCQX:CPPKF) is pleased to announce the results of nine drill holes from its ongoing Phase III drill program at the Copper Creek Project, lo
Confirms Wide High-Grade Gold and Silver Oxide Mineralization on Surface Field work and sampling are providing key assay results to expand the wide mineralized zone to surface and along strike Additional continuous chip channel and reconnai
VANCOUVER, BC / ACCESSWIRE / June 25, 2024 / Skeena Resources Limited (TSX:SKE)(NYSE:SKE) ("Skeena" or the "Company") is pleased to announce that it has secured a financing package totaling US$750 million (equivalent to over C$1 billion) with Orion R
TORONTO, June 25, 2024 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (“ G2 ” or the “ Company ”) (TSX: GTWO; OTCQX: GUYGF) is pleased to provide an update on the ongoing exploration program at the Company’s 27,719-acre OKO-AREMU gold project. G2 recen
June 24, 2024
WHITEHORSE, Yukon, June 24, 2024 (GLOBE NEWSWIRE) -- Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) announces that, this morning, the heap leach pad (“HLP”) at the Eagle Gold Mine in Yukon experienced a failure. Operations are temporarily suspended while the site operations team along with management continue to assess the situation and gather information. At this early stage, it can be confirmed that there has been some damage to infrastructure and a portion of the failure has left containment. There have been no injuries to personnel associated with the incident. The Company will provide further information as it becomes available. Qualified Person The technical content of this news release has been reviewed and approved by Paul D. Gray, P.Geo., who is a “Qualified Pers
June 20, 2024
June 20, 2024 (Australian Mining) - Mineral Resources (MinRes) will cease Yilgarn Hub iron ore shipments by December 31 following a comprehensive viability assessment. According to the major miner, the decision was influenced by a combination of factors, including limited remaining mine life and significant capital cost associated with the Western Australian site. MinRes is working with those employed at the site to find redeployment opportunities across its operations, with MinRes executive leaders and in-house mental health counsellors on site to discuss the change and redeployment process. “This prudent but difficult decision was not taken lightly and follows years of investment to extend the life of our operations in the Yilgarn,” MinRes managing director Chris Ellison s
TORONTO , June 20, 2024 /CNW/ - 1911 Gold Corporation ("1911 Gold" or the "Company") (TSXV: AUMB ) (OTC: AUMBF) is pleased to provide an update on the strategic plans for the advancement of the True North Mine, including 43-101 mineral resource estimate update, located within the prolific Rice Lake property in southeastern Manitoba, Canada . Project Update Resource Model Quality: Completed a detailed review of the current Mineral Resource geological model and confirmed the integrity of the geological interpretation. Drill Hole Data Review: Completed a review of the True North drill hole data, identifying areas where information is required but confirming its integrity and accuracy. Mineral Resource Estimate: Completed validation of the current Mineral Resource Estimate
June 19, 2024
June 19, 2024 (Australian Mining) - Whitehaven Coal is transitioning its Werris Creek coal mine in New South Wales into the next stage of its rehabilitation. Werris Creek has sat comfortably in Whitehaven’s open-cut portfolio since 2005, producing high-quality thermal coal and maintaining its position as the company’s lowest-cost producer. The site has delivered over 26 million tonnes of coal during Whitehaven’s tenure, with last coal extracted in April and the final train set to depart the site by the end of June. Werris Creek operations manager Murray O’Keefe praised the high standards set by Whitehaven’s personnel over a near-two decade run. “The 150-strong workforce at Werris Creek has been integral to our continued success at the site and has reaffirmed why our
VANCOUVER, BC , June 19, 2024 /CNW/ - Taseko Mines Limited (TSX: TKO ) (NYSE MKT: TGB) (LSE: TKO) ("Taseko" or the "Company") announced today that the union representing workers at its Gibraltar Mine has now ratified the previously announced tentative agreement. The new agreement will be in place until May 31, 2027 . Gibraltar workers have been recalled and mining operations and milling in concentrator #2 are restarting today. Concentrator #1 will remain idle while the crusher relocation project and other scheduled maintenance is being completed. Stuart McDonald President and CEO No regulatory authority has approved or disapproved of the information contained in this news release. Caution Regarding Forward-Looking Information This document contains "forward-looking stat
June 16, 2024
June 16, 2024 (Source: Reuters) June 16 (Reuters) - Serbian President Aleksandar Vucic is preparing to give Rio Tinto the green light to develop Europe's largest lithium mine two years after Belgrade called off the project, the Financial Times said on Sunday. Vucic told the newspaper that "new guarantees" from the global mining giant and the European Union looked set to address Serbia’s concerns over whether necessary environmental standards would be met at the Jadar site in the west of the country. .... "If we deliver on everything, (the mine) might be open in 2028" Vucic told the FT, adding that the mine was projected to produce 58,000 tons of lithium per year which would be "enough for 17% of EV production in Europe — approximately 1.1 million cars.
June 13, 2024
Toronto, Ontario--(Newsfile Corp. - June 13, 2024) - Strategic Minerals Europe Corp. (Cboe CA: SNTA) (FSE: 26K0) (OTCQB: SNTAF) (" Strategic Minerals ") and IberAmerican Lithium Corp. (Cboe CA: IBER) (OTCQB: IBRLF) (" IberAmerican "), jointly announce that the Superior Court of Xustiza of Galicia (the " TSXG ") has upheld on appeal its decision to suspend (the " Decision ") the section C permit for Strategic Minerals' Penouta tin-tantalum mine in Spain (the " Penouta Project "). The Decision of the TSXG relates to a complaint filed by an environmentalist group known as "Ecoloxistas en Acción" against the local mining authority, Xunta de Galicia (the " Xunta "), requesting a revocation of the section C permit granted to Strategic Minerals in May 2022. Strategic Minerals and IberAmerican re
VANCOUVER, British Columbia, June 13, 2024 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to report that a gold bar was poured using the refinery in the Madsen mill on June 8, 2024. The gold was recovered during the Madsen mill cleanup and gold recovery program (the “ Gold Recovery Program ”) at its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada. “It is very exciting to be pouring gold again at the Madsen Mill,” said Shane Williams, President and CEO. “Recovering trapped gold is another validation of the opportunity that’s available for us to unlock at the Madsen Mine. With gold worth approximately US$2,300 per ounce, recovering these ounces from
June 10, 2024
YERINGTON, Nev., June 10, 2024 (GLOBE NEWSWIRE) -- Nevada Copper Corp. (TSX: NCU) (OTC: NEVDF) (FSE: ZYTA) and its subsidiaries (collectively, “Nevada Copper” or the “Company”) today announced that they have filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the Bankruptcy Court of the District of Nevada. As disclosed in recent news releases and securities filings, the Company was in discussions with its key stakeholders and other parties to obtain funding and/or enter into a change of control transaction. However, those discussions have failed to result in obtaining such funding or other transaction, and the Company has been unable to secure additional interim funding from its key stakeholders. As a result, the Company is unable to
June 10, 2024 10:45 AM Eastern Daylight Time LIMA, Peru--( BUSINESS WIRE )-- Compañia de Minas Buenaventura S.A.A. (“Buenaventura” or “the Company”) (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru’s largest publicly-traded precious metals mining company, is pleased to announce that ore treatment operations at its El Brocal processing plant has resumed. Ore treatment activities resumed operations at midnight on June 7, 2024 to begin processing the accumulated inventory at the mine site. El Brocal has accumulated approximately 220,000 tonnes of copper ore to date, the processing of which will gradually ramp to a rate of 15,000 tons per day, enabling recovery of ore processing which was halted during the suspension. The Company expects to achieve the budgeted production in 3Q24 to achi