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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
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 Inc. Golden Shield will focus its efforts on advancing its flagship property, the 5,457-hectare Marudi Mountain gold project located in the Rupununi District of southwestern Guyana (the "Marudi"). The Marudi property covers a high-grade gold camp on which a total of 50,350m of diamond drilling has been carried out, with Mazoa Hill representing the principal deposit where most of the drilling has occurred. Numerous other deposits occur on the property that require additional drilling, including Pancake Creek, Marudi North, Toucan and others.
October 10, 2024
TORONTO, ON / ACCESSWIRE / October 10, 2024 / NexGold Mining Corp. ( TSXV:NEXG)(OTCQX:NXGCF ) (" NexGold " or " NEXG ") and Signal Gold Inc. (TSX:SGNL)(OTCQB:SGNLF) ("Signal" or" SGNL" ) are pleased to announce that they have entered into a definitive arrangement agreement dated October 9, 2024 (the " Agreement ") to combine the two companies and create a top near-term gold developer advancing NexGold's Goliath Gold Complex Project (" Goliath Project ") in Northern Ontario and Signal's Goldboro Gold Project (" Goldboro Project ") in the historic Goldboro Gold District in Nova Scotia (the " Transaction "). All dollar references in this release are to Canadian dollars, unless otherwise stated. Transaction Highlights: Two Canadian, near-term development projects, with Environmental A
October 9, 2024
October 09, 2024 07:00 AM Eastern Daylight Time TORONTO--( BUSINESS WIRE )--Kinterra Capital Corp., a private equity firm specializing in developing the critical materials and strategic infrastructure necessary for the global energy transition, is pleased to announce that its affiliate, Southwest Critical Materials LLC, has successfully acquired the Pumpkin Hollow Copper Project ("Pumpkin Hollow") from Nevada Copper, Inc. With this acquisition, Kinterra now controls more than 11 billion pounds of copper across its portfolio of projects in the United States. “Critical materials and related infrastructure are the foundation of the energy transition, and we are excited to add another excellent upstream asset to our portfolio, which prioritizes investments in stable jurisdictions” Po
Newmont says it will sell its Akyem operation in the Republic of Ghana to China’s Zijin Mining Group under a definitive agreement, for cash consideration of up to $1 billion. The sale is part of Newmont’s ongoing program to divest non-core assets as the company makes a strategic shift to focus on its Tier 1 assets. Under the terms of the agreement, Newmont is expected to receive cash consideration of $900 million upon closing. A further $100 million is expected to be received upon the satisfaction of certain conditions. Proceeds from the transaction will support the company’s capital allocation priorities, including strengthening the balance sheet and returning capital to shareholders
Rio Tinto and Arcadium Lithium PLC have announced a definitive agreement under which Rio Tinto will acquire Arcadium in an all-cash transaction for US$5.85 per share which values Arcadium’s diluted share capital at approximately $6.7 billion. The Transaction the statement said “will bring Arcadium’s world-class, complementary lithium business into Rio Tinto’s portfolio, establishing a global leader in energy transition commodities – from aluminium and copper to high-grade iron ore and lithium.” Arcadium is described as a global, fast-growing, vertically integrated lithium chemicals producer with an asset base of long-life, low-cost operations and growth projects. It has leading capabilities in lithium chemicals manufacturing and extraction processes, including hard-rock mining, convention
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OR TO A U.S. PERSON./ TORONTO , Oct. 9, 2024 /CNW/ - Americas Gold and Silver Corporation (TSX: USA ) (NYSE American: USAS) ("Americas" or the "Company") is pleased to announce that it has entered into a binding agreement (the "Definitive Agreement") with an affiliate of Eric Sprott ("Sprott") and Paul Andre Huet under which Americas will acquire the remaining 40% interest in the Galena Complex ("Galena") in Idaho, USA to consolidate the current Galena joint venture (the "Acquisition"). Upon the closing of the Acquisition, Paul Andre Huet will be appointed Chairman and Chief Executive Officer of the Company. Darren Blasutti will remain as President. The Company also announces t
October 8, 2024
VANCOUVER, BC , Oct. 8, 2024 /CNW/ - Filo Corp. (TSX: FIL ) (Nasdaq First North Growth Market: FIL) (OTCQX: FLMMF) (" Filo " or the " Company ") is pleased to announce that it has obtained a final order from the Ontario Superior Court of Justice (Commercial List) approving the previously announced arrangement (the " Arrangement ") involving, among others, the Company, BHP Investments Canada Inc. (" BHP "), a wholly-owned subsidiary of BHP Group Limited, and Lundin Mining Corporation (TSX: LUN ) (OMX: LUMI) (" Lundin Mining ", and together with BHP, the " Purchaser Parties ") pursuant to a court-approved plan of arrangement under section 192 of the Canada Business Corporations Act whereby the Purchaser Parties will, among other things, acquire all of the issued and outstanding commo
TSX SYMBOL: FCU OTCQX SYMBOL: FCUUF FRANKFURT SYMBOL: 2FU /NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES / KELOWNA, BC , Oct. 8, 2024 /CNW/ - FISSION URANIUM CORP . (TSX: FCU ) (OTCQX: FCUUF) (" Fission " or the " Company ") is pleased to announce today that it has obtained a final order (the " Final Order ") from the Supreme Court of British Columbia (the " Court ") approving the previously announced plan of arrangement (the " Arrangement ") with Paladin Energy Limited (" Paladin "). However, notwithstanding receipt of the Final Order, completion of the Arrangement remains uncertain due to the requirement to obtain Investment Canada Act (" ICA ") clearance. As announced on October 1, 2024 , Fission received a notice from the Minister of Innovation, Science
Vancouver, British Columbia--(Newsfile Corp. - October 8, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is pleased to announce that it has completed the proposed sale of its 51.54% interest in the development-stage Independence project in Nevada. As previously announced, the Company had previously entered into a purchase agreement with a third-party buyer, which was subject to any exercise of the right of first refusal by America's Gold Exploration Inc. ("AGEI"), the Company's joint venture party. AGEI exercised this right of first refusal and acquired the Company's interest for C$1.22 million. "The continued monetization of non-core assets, most recently with the sale of our interest in the Independence project, provides an additional source
October 7, 2024
October 7, 2024 (Source: Newmont Corporation ) Transaction in-line with strategy to focus on Tier 1 asset portfolio DENVER--(BUSINESS WIRE)-- Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont” or the “Company”) has announced today it will sell its Akyem operation in the Republic of Ghana to Zijin Mining Group Co., Ltd. (“Zijin”) under a definitive agreement, for cash consideration of up to $1 billion. The sale is part of Newmont’s ongoing program to divest non-core assets as the Company makes a strategic shift to focus on its Tier 1 assets. Under the terms of the agreement, Newmont is expected to receive cash consideration of $900 million upon closing. A further $100 million is expected to be received upon the satisfaction of certain conditions. 1 Procee