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October 11, 2024
Commodity
Toronto, Ontario--(Newsfile Corp. - October 11, 2024) - HIRU Corporation (OTC Pink: HIRU) $HIRU www.otchiru.com , www.hirumining.com is pleased to share with its shareholders and followers a comprehensive Feasibility Scoping Study for the Balf
VANCOUVER, BC , Oct. 11, 2024 /CNW/ - Golden Shield Resources Inc. (CSE: GSRI) (OTCQB: GSRFF) (FRA: 4LE0) (the " Company " or " Golden Shield ") reports that it has terminated negotiations in respect of the potential acquisition of Tucano Gold In
VANCOUVER, BC , Oct. 11, 2024 /CNW/ - Defense Metals Corp. ("Defense Metals" or the "Company") (TSXV: DEFN ) (OTCQB: DFMTF) (FSE: 35D) today announced the successful closing of its previously announced non-brokered bridge financing of secured conv
October 11, 2024 (Australian Mining) - Hancock Prospecting has scaled back its proposed Mulga Downs iron ore mine in the Pilbara, reducing annual production from 20 million tonnes (Mt) to 12Mt after reducing the project’s footprint. Documents r
October 9, 2024
Toronto, Ontario--(Newsfile Corp. - October 9, 2024) - Maritime Resources Corp. (TSXV: MAE) (OTC Pink: MRTMF) (" Maritime " or the " Company ") is pleased to announce that refurbishment work has begun at the Company's Pine Cove mill (" Pine Cove ") in the Baie Verte mining district of Newfoundland and Labrador. Maritime acquired the Point Rousse Project in 2023, including the Pine Cove gold processing plant and large capacity in-pit tailings storage facility. The plant operated until the first quarter of 2023 and has been on a care and maintenance program since then. Highlights: Appointment of industry veteran Dwight Goudie as Pine Cove Mill Manager Excavation and stockpiling of mineralized material is ongoing ahead of processing operations restart Mechanical and electri
October 8, 2024
Calgary, Alberta--(Newsfile Corp. - October 8, 2024) - TVI Pacific Inc. (TSXV: TVI) (OTC Pink: TVIPF) (" TVI " or the " Company ") announces that its auditor, PricewaterhouseCooper LLC (the " Former Auditor "), has resigned effective September 6, 2024. The Company's board of directors (the " Board ") and audit committee (the " Audit Committee ") have accepted the resignation of the Former Auditor. The appointment of a new auditor is currently under review by the Audit Committee and discussions have been ongoing with a potential successor auditor to fill the vacancy as required under National Instrument 51-102 - Continuous Disclosure Obligations (" NI 51-102 "). In accordance with NI 51-102, TVI delivered a copy of a change of auditor notice (the " Notice ") to the Former Auditor and th
October 8, 2024 (The Assay) - Lotus Resources Limited (ASX: LOT |OTCQX: LTSRF) has announced an accelerated restart plan for its Kayelekera Project in Malawi following completion of front-end engineering and design (FEED). Lotus is moving into detailed engineering and onsite works for Kayelekera’s restart to ensure Lotus achieves its strategic objective of becoming the next significant global uranium producer in Q3 2025. CEO Greg Bittar commented, “Following the signing of the mine development agreement and the completion of the FEED programme, Lotus is well positioned to take advantage of the continuing strength in the term uranium price and the strong uranium demand outlook.” The accelerated restart plan reduces initial restart capital by focusing on capital items essential to
October 7, 2024
October 7, 2024 (Source: The Rio Times) Vale, the Brazilian mining giant, has temporarily stopped production at its Onça Puma nickel plant in Pará state. The shutdown came after a fierce windstorm on October 5, 2024, damaged the local power transmission network. Vale expects the plant to resume operations by October 15, 2024, once power is restored. The company reassured stakeholders that no employees, nearby communities, or Vale assets were harmed during the incident. This unexpected pause will likely reduce nickel production by 1.5 to 2.0 thousand tons in the fourth quarter of 2024. However, Vale remains confident in meeting its annual nickel production target of 153-168 thousand tons. Onça Puma, located in Ourilândia do Norte, plays a crucial role in Brazil’s nickel industry. T
October 2, 2024
VANCOUVER, British Columbia, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX:TI, OTCQB:TIMCF) (“ Titan ” or the “ Company ”) announces the return to full commercial production at the Empire State Mine in upstate New York. Historic flooding in upstate New York from tropical Storm Debby on August 10, 2024 caused damage to the electrical components of the underground crusher level. Repairs were completed ahead of schedule and under budget and the site is now in full operation. Mining activities restarted on August 20, 2024 and continued during the crusher level repairs. The inventory of broken ore stockpiled in the underground, combined with normal ongoing production and the excess milling capacity, the Company expects to meet its original full year production guidance of 56
September 30, 2024
September 30, 2024 (Australian Mining) - Greatland Gold has made “significant progress” towards finalising its acquisition of the Telfer mine and Havieron project, with the UK company meeting two of the conditions needed to complete the deal. When Greatland and Newmont struck its $US475 million deal earlier this month, it was on the condition that Newmont complete the remediation of the Telfer tailings storage facility 8 (TFS8) – which cracked earlier this year – so the deposition of tailings can recommence for 14 consecutive days. Now, Newmont has informed Greatland that such remediation works at TSF8 have been completed and the Department of Energy, Mines, Industry Regulation and Safety has lifted its prohibition notice on TSF8. As a result, Newmont has restarted processi
September 30, 2024 (Australian Mining) - True North Copper is currently recruiting new workers as it nears first production at the Cloncurry copper project in north-west Queensland. The company has launched a recruitment drive to support its objectives at Cloncurry, as it looks to appoint a substantial number of personnel for the Great Australia Mine and Wallace North deposit by mid-October. Specifically, True North is currently looking for health, safety and training advisors, an executive assistant and communications specialist, an environmental advisor and multi-skilled operators. “True North Copper’s recruitment drive in Queensland is gathering momentum alongside the ramp up of mining activities at Wallace North, part of the Cloncurry copper project,” True North managing direct
September 23, 2024
September 23, 2024 07:00 AM Eastern Daylight Time DENVER--( BUSINESS WIRE )--SSR Mining Inc. (Nasdaq/TSX: SSRM, ASX: SSR) ("SSR Mining" or the “Company") announces that Seabee will restart in second half of October. The fire activity has significantly reduced in the direct vicinity of the Seabee operations and is being actively managed. Following the Seabee evacuation on August 21, 2024, a small number of employees remained on site to manage the situation and assist the Saskatchewan Public Safety Agency (the “SPSA”) in fire protection activities. We would like to extend our gratitude to our team that assisted on site following the evacuation, as well as the SPSA teams that helped protect the infrastructure at Seabee. While the process plant and Santoy mine were not materially impac
TORONTO, Sept. 23, 2024 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX: FM) regrets to announce that an employee at the Kansanshi operation passed away following a traffic accident involving a tracked dozer and a light vehicle. The Mine Safety Department and relevant local authorities have been notified about the accident and the Company will fully cooperate in their investigations. An internal investigation into the accident is also underway. The site of the accident was immediately secured and operations in the area of the accident have been temporarily suspended and will resume once it is determined that it can be done so in a safe manner. “We are deeply saddened by the tragic death of our colleague and I would like to extend my deepest condole
September 19, 2024
September 19, 2024 (Source: Trigon Metals Inc.) TORONTO — September 19, 2024 — Trigon Metals Inc. (TSX-V: TM, OTCQB: PNTZF) (“Trigon” or the “Company”) announces that it has reached a key milestone, having mined an average of 980 tonnes of ore a day from its underground operations over a 30 day period and that it will pause its open pit operations at the end of September 2024 at the Company’s Kombat mine in Namibia. Trigon has achieved a key milestone as required pursuant to the terms of the streaming agreement with Sprott Private Resource Streaming and Royalty (B) Corp. and Sprott Mining Inc. by exceeding average production of 900 tonnes per day from its underground operations over 30 consecutive days (see press release dated October 24, 2022). This threshold was required to be met