Commodity 2
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November 21, 2024
Commodity
November 20, 2024
November 20, 2024 (Source: Akobo Minerals AB) OSLO, 20 November 2024 — Akobo Minerals AB (publ) (Euronext and Frankfurt: AKOBO) a Scandinavian-based Ethiopian gold exploration and mining company, in collaboration with the Ethiopian government, proud
Highlights: Mine plan optimized with reduced strip ratio bringing additional 78k ounces of palladium, 34k ounces of Platinum and 2M lb of Copper in the first 3 years Estimated $190M in additional payable revenues 1 and operating cost benefi
TORONTO , Nov. 20, 2024 /CNW/ - 1911 Gold Corporation ("1911 Gold" or the "Company") (TSXV: AUMB ) (OTC: AUMBF) is pleased to report an updated underground Mineral Resource Estimate ("MRE") for the True North Gold Project, located within the C
In the presence of the President of Ghana, Akufo-Addo, and the Chinese Ambassador to Ghana Tong Defa, a ceremony was held recently on November 8 to mark the commissioning and first gold pour at Shandong Gold’s Cardinal Namdini gold project, which is
November 14, 2024
November 14, 2024 (Australian Mining) - The development of Hastings Technology Metals’ Yangibana rare earths project in Western Australia is developing steadily and is now 33 per cent complete. An additional $67 million has been spent on the project’s hydrometallurgical plant, with Hastings continuing to progress the phased development through a project loan note facility. There have been a number of key development activities completed to date, including the Kurrbili accomodation village of 294 rooms, kitchen, mess facilities, medical centre, sports court and administration buildings, along with a 1.8km airstrip. Design works at Yangibana are also well advanced, with the electrical, instrumentation and control system engineering and design commencing. The ma
HALIFAX, Nova Scotia, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD | MSE:ERDN) ("Erdene" or the "Company") is pleased to announce operating and financial results for the three months ended September 30, 2024, and to provide an update on progress at the Bayan Khundii Gold Project (“BK” or “Project”), being developed with Mongolian Mining Corporation (“MMC”). This release should be read in conjunction with the Company’s Q3-2024 Condensed Consolidated Interim Financial Statements and MD&A, available on the Company’s website and SEDAR+. ... Mr. Akerley added, “We expect the process plant and critical non-process infrastructure buildings to be closed over the coming months, allowing for mechanical and electrical works completion in Q1 and commissioning b
TORONTO, ON / ACCESSWIRE / November 14, 2024 / PPX Mining Corp. (the " Company " or " PPX ", including its Peruvian subsidiaries) is pleased to announce that construction of the CIL and Flotation plant at its Igor Project located in La Libertad, Peru, has started. Yesterday, major components for the plant were ordered and are described as follows: Equipment for the crushing circuit, which includes primary jaw crusher, secondary cone crusher, vibrating screen and all conveyors. Equipment for the grinding circuit, which includes two ball mills, hydro-cyclones, pumps and a thickener. Equipment for the flotation circuit, which includes flotation cells, concentrate thickener and filter press. Equipment for the leaching equipment is in the process of being ordered. Additional de
November 12, 2024
TORONTO , Nov. 12, 2024 /CNW/ - Global Atomic Corporation ("Global Atomic" or the "Company"), (TSX: GLO ) (OTCQX: GLATF) (FRANKFURT: G12) announced today its operating and financial results for the quarter ended September 30 , 2024. For more detail, please refer to the Condensed Interim Consolidated Financial Statements and Management's Discussion and Analysis for the three and nine months ended September 30, 2024 , on the Company's website at www.globalatomiccorp.com . Q3 2024 HIGHLIGHTS Global Atomic - TSX 30 - OTX 50 (CNW Group/Global Atomic Corporation) Dasa Uranium Project – Mine Development Underground development, underway since November 2022 , has now reached the ore zone with development ore now being hauled to surface.
November 8, 2024
Lundin Gold’s expansion of the Fruta del Norte gold mine processing plant in Ecuador is on track, with three Jameson flotation cells and a concentrate filter having arrived on site in the September quarter, the company says. The company plans to spend approximately $36 million to increase plant throughput to 5,000 t/d and improve metallurgical recoveries by around 3%. The focus of the expansion is on tailings and water reclaim, ultrafine flotation (read: Jameson cells), the addition of a third concentrate filter and plant automation. The Jameson Cell is an innovative flotation process driven by fluid mechanics, Glencore Technology says. The advantages of modern Jameson Cells are: November 4, 2024 (IM - International Mining) Lundin Gold’s expansion of the Fruta del Norte gold min
November 6, 2024
TORONTO, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported its financial results for the quarter ended September 30, 2024. “We achieved a number of operational and financial records in the third quarter. Production increased to a record 152,000 ounces reflecting the addition of Magino and continued strong performances from Island Gold and Mulatos. ... During the third quarter of 2024, the Company spent $51.1 million on the Phase 3+ Expansion and capital development. Progress on the Phase 3+ Expansion during the third quarter is summarized as follows: Shaft sinking advanced to a depth of 700 m by the end of the third quarter Headframe bin house foundation completed with erection of bin hous
VANCOUVER, British Columbia, Nov. 06, 2024 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) announces its operational and financial results for the third quarter of 2024. All dollar figures are in United States dollars unless otherwise indicated. 2024 Third Quarter Highlights Total gold production of 180,553 ounces : Total gold production in the third quarter of 2024 was 180,553 ounces. At the Fekola Mine, production was lower than expected due to the delayed timing of mining high-grade ore and by lower than anticipated equipment productivity and inclement weather throughout the quarter that reduced the mined volumes of high-grade ore. Damage to an excavator and the subsequent need for replacement equipment impacted equipment avail
November 5, 2024
VANCOUVER, British Columbia, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) will present its strategy for generating value for shareholders and stakeholders and lay out the company’s disciplined investment pathway to grow copper production to 800,000 tonnes per year before the end of the decade, at Teck’s 2024 Strategy Day on November 5, 2024. ... Highland Valley Copper Mine Life Extension (Teck 100% owner, Canada) – low complexity brownfield project extending the life of Canada’s largest copper mine to mid-2040s. Estimated life-of-mine copper production of 137 ktpa post-2024 (US$1.3-1.4 billion estimated attributable capital)
VANCOUVER, British Columbia, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (the “Company”) (TSX:III) reports financial results for the three and nine months ended September 30, 2024. QUARTER HIGHLIGHTS FINANCIAL Adjusted EBITDA increased by $63.7 million to $74.2 million in Q3 2024 compared to $10.5 million in Q3 2023. ... Red Chris Block Cave feasibility study Block Cave Project Update The Red Chris JV permitting group continue work to advance the required permitting approvals for the planned Block Cave mine, as they continue to work collaboratively with both Tahltan and British Columbia governments through the process. Red Chris Block Cave feasibility study work is focused on permitting, capital cost estimate and schedule refine
November 1, 2024
November 1, 2024 (Australian Mining) - Capricorn Metals has received commitments for an institutional placement to raise $200 million to fund its Karlawinda expansion project in Western Australia. The gold miner announced its plans to expand the Karlawinda gold project last week, with the expansion to target an annual gold production of 150,000 ounces (oz) based on Karlawinda’s 10-year mine life and 1.43 million ounces (Moz) at 0.8 grams per tonne (g/t) in ore reserves. To fund the expansion, Capricorn has raised $200 million, before costs, through the issue of over 33 million shares at an placement issue price of $6 per share. The amount represents a discount of 4.9 per cent to the last closing price of $6.31 and a 5.8 per cent discount to the fiv-day trading volume weighted ave