Commodity 2
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July 2, 2024
Commodity
July 2, 2024 (Source: Triton Minerals Limited ) Triton Minerals Limited (ASX: TON) (“Triton”or “theCompany”) is pleased to announce that it has executed a binding memorandum of understanding to divest 70% of its interests in the entities tha
First ore to Kipushi concentrator achieved on May 31; first concentrate produced on June 14 Kipushi sets 2024 production guidance at between 100,000 and 140,000 tonnes of zinc in concentrate Kipushi zinc production capacity to average 278,000 t
Ulaanbaatar, Mongolia--(Newsfile Corp. - July 2, 2024) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) (" Steppe Gold " or the " Company ") is pleased to provide an update on the pending transaction to acquire all of the issued and outstan
- Boron One Applies for Exploitation Field Approval - VICTORIA, BC / ACCESSWIRE / July 2, 2024 / Boron One Holdings Inc. ("Boron One", the "Company") (TSXV:BONE), a company committed to the decarbonization of Planet Earth through the responsibl
July 2, 2024 (Source: Triton Minerals Limited ) Triton Minerals Limited (ASX: TON) (“Triton”or “theCompany”) is pleased to announce that it has executed a binding memorandum of understanding to divest 70% of its interests in the entities that hold the Ancuabe Graphite Project, including 70% of its interest inthe intellectual property and drill core assets relating to the Nicanda Hill and Nicanda West Projects and 70% of its interest in the Cobra Plains mining concession(together with the Ancuabe Graphite Project, the “Mozambique Graphite Assets”) to Shandong Yulong Gold Co., Ltd.(“Shandong Yulong”)’s designated subsidiaryfor cash consideration of A$17 million, subject to certain terms and conditions outlined below (“Transaction”). HIGHLIGHTS: •Triton expected to
Ulaanbaatar, Mongolia--(Newsfile Corp. - July 2, 2024) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) (" Steppe Gold " or the " Company ") is pleased to provide an update on the pending transaction to acquire all of the issued and outstanding common shares of Boroo Gold LLC (" Boroo Gold "). Shareholders of the Company overwhelmingly approved the acquisition of Boroo Gold pursuant to the share exchange agreement dated April 11, 2024 (the " Share Exchange Agreement ") and the sale of the Tres Cruces Oxide Project to Boroo Singapore, pursuant to the share purchase agreements dated April 11, 2024 (the " Share Purchase Agreements "), for approximately CAD$12 million in cash (collectively, the " Transaction ") at the annual general and special meeting of shareholders held on June 2
July 1, 2024
LUXEMBOURG / ACCESSWIRE / July 1, 2024 / Nexa Resources S.A. ("Nexa Resources", "Nexa" or the "Company") (NYSE Symbol:NEXA) announces today that it has completed the previously announced sale (the "Transaction") of the Morro Agudo Complex situated in the state of Minas Gerais in Brazil to Casa Verde Holding Ltda ("Casa Verde"). Refer to the news release dated April 5, 2024 for more information on the Transaction. With the completion of the Transaction, and pursuant to the terms of the definitive agreement, Nexa has sold, transferred and assigned all rights, titles, and interests in the Morro Agudo Complex to Casa Verde. The Transaction was completed following the fulfillment of all closing conditions. About Casa Verde Holding Casa Verde is a Brazilian family-owned company that has
June 28, 2024
VANCOUVER, BC , June 28, 2024 /CNW/ - GR Silver Mining Ltd. (" GR Silver Mining " or the " Company ") (TSXV: GRSL ) (OTCQB: GRSLF) (FRANKFURT: GPE) – is pleased to announce that the Company and a private, arm's-length Canadian company active in Mexico (" PrivateCo ") have signed on June 27, 2024 , a definitive and binding Share Purchase Agreement (the " Agreement ") pursuant to which PrivateCo will acquire 100% of the issued and outstanding shares of Marlin Gold Mining Ltd. (" Marlin ") from GR Silver Mining. Marlin is a private British Columbia company, 100% owned by GR Silver Mining. Marlin owns, amongst other assets, Oro Gold de Mexico , S.A. de C.V. (" Oro Gold "), a private Mexican company that owns 100% of nine non-core concessions (" Other Concessions "), including the pa
VANCOUVER, BC , June 28, 2024 /CNW/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS ) (NYSE-A: ARMN) announces that, further to the Company's news release of May 23, 2024 , it has closed the acquisition of an additional 31% interest in the Soto Norte gold-copper project in Colombia (Soto Norte or PSN), increasing its total ownership in the joint venture to 51%. Soto Norte is one of the largest undeveloped underground gold projects in South America . As consideration for the additional 31% interest of PSN: Aris Mining has issued 15,750,000 shares to a wholly-owned subsidiary of the Abu Dhabi based investment company Mubadala Investment Company PJSC (Mubadala), which shares will be subject to a 12-month hold period. An additional 6,000,000 shares will be issued
TORONTO , June 28, 2024 /CNW/ - Argonaut Gold Inc. (" Argonaut ", " Argonaut Gold " or the " Company ") is pleased to announce that the shareholders of the Company (the " Shareholders ") have approved a special resolution (the " Arrangement Resolution ") authorizing a plan of arrangement under section 182 of the Business Corporations Act ( Ontario ) (the " Arrangement "), previously announced on March 27, 2024 , pursuant to which Alamos Gold Inc. (" Alamos ") will acquire all of the issued and outstanding common shares of Argonaut (each, a " Share ") at the annual general and special meeting of Shareholders held earlier today (the " Meeting "). The purpose of the Meeting was to consider and vote upon, among other things, the Arrangement Resolution authorizing the Arrangement and
June 27, 2024
TORONTO, ON / ACCESSWIRE / June 27, 2024 / Cerrado Gold Inc. (TSXV:CERT)(OTCQX:CRDOF) (" Cerrado " or the " Company ") is pleased to announce that at its Annual and Special Meeting (the " Meeting ") of shareholders (" Shareholders ") of the Company held earlier today, all resolutions presented to Shareholders were approved overwhelmingly. Details of the voting results are set out below. Meeting Voting Results A total of 40,637,097 common shares were voted at the Meeting, representing 39.490% of the votes attached to all outstanding common shares of the Company. All resolutions presented for Shareholder approval at the Meeting were duly authorized and approved as follows: Election of Directors The Shareholders elected each of the eight nominees listed in the Company's Managemen
June 27, 2024 (Australian Mining) - Ramelius Resources has purchased a strategic stake in Spartan Resources, a gold company currently developing the Dalgaranga gold project in Western Australia. Ramelius has purchased 98.5 million shares in Spartan, representing 8.9 per cent of Spartan’s ordinary shares on issue. Spartan has had an eventful 2024 so far. Earlier this month, the company achieved a new deepest intercept at its newly discovered Pepper prospect within Dalgaranga, extending 647.67m down-hole. Spartan first discovered Pepper in April, which managing director and chief executive officer Simon Lawson described as a “game-changer”. Dalgaranga’s Never Never deposit has also made great progress, with Spartan recently uncovering some of the best assays to date
TORONTO , June 27, 2024 /CNW/ - Adventus Mining Corporation (" Adventus " or the " Company ") (TSXV: ADZN ) (OTCQX: ADVZF) is pleased to announce that the shareholders of the Company (the " Shareholders ") have approved the proposed plan of arrangement (the " Arrangement ") with Silvercorp Metals Inc. (" Silvercorp ") at the annual and special meeting of Shareholders held on June 26, 2024 (the " Meeting "). The special resolution approving the Arrangement (the " Arrangement Resolution ") was approved at the Meeting by (i) 99.975% of the votes cast by Shareholders, holders of options of Adventus and holders of restricted share units of Adventus (collectively, the " Voting Securityholders ") present or represented by proxy at the Meeting; and (ii) 99.966% of the votes cast by Shareho
June 27, 2024 (Mining Review Africa) - Andrada Mining has executed a legally binding agreement to restructure Uis Tin Mining Company (UTMC), the operational Namibian entity that holds the company’s licences to ensure a more efficient corporate structure going forward, subject to certain conditions. Andrada Mining is seeking to increase its ownership interest in UTMC, from 85% to 100% through the acquisition of the 15% interest currently held by the Small Miners of Uis (SMU). The SMU is a not-for-gain organisation established by the Minister of Mines and Energy of Namibia to support the economic development of Namibians in historical mining areas. UTMC was a joint venture between SMU and Andrada’s wholly owned subsidiary Andrada Mining to ensure the economic development
VANCOUVER, BC , June 27, 2024 /CNW/ - Blackstone Minerals Limited (" Blackstone "), Sparta AG (" Sparta ") and Norway House Cree Nation (" NHCN ", and together with Jim Rondeau 1 , Blackstone and Sparta the " Concerned Shareholders "), collectively own 35.5% of the common shares (" FN Shares ") of Flying Nickel Mining Corp. (" Flying Nickel ") (TSXV: FLYN ) (OTCQB: FLYNF). The Concerned Shareholders DO NOT SUPPORT either the proposed plan of arrangement pursuant to which Flying Nickel would acquire all of the issued and outstanding common shares of Nevada Vanadium Mining Corp. (the " NV Merger ") or three of the four board nominees proposed by Flying Nickel (the " Flying Nickel Slate "). The NV Merger and Flying Nickel Slate will be considered at the annual general and special m
June 26, 2024
VANCOUVER, BC , June 26, 2024 /CNW/ - (TSX: LUN ) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") is pleased to announce that the Company has provided notice to exercise its option to acquire an additional 19% interest in the issued and outstanding equity of SCM Minera Lumina Copper Chile ("Lumina Copper"), which owns the Caserones copper-molybdenum mine ("Caserones'") located in Chile , from JX Advanced Metals Corporation 1 ("JX") for consideration of $350 million (the "Call Option Exercise"). Closing of the additional interest in Lumina Copper is expected to occur on or around July 2, 2024 . VIEW PDF Lundin Mining Exercises Option to Increase Ownership in Caserones to 70% and Receives Commitments to Increase the Term