Lundin Gold Inc. is pleased to report third quarter 2024 gold production of 122,154 ounces from its Fruta del Norte gold mine in southeast Ecuador. Of the total quarterly gold production, 73,532 oz were produced as concentrate and 48,622 oz as doré, and gold sales totalled 125,887 oz. During the same quarter in 2023, the Company produced 112,212 oz of gold and gold sales were 112,711 oz. All amounts are in U.S. dollars unless otherwise indicated. View PDF In the third quarter of 2024, the mill processed 425,340 tonnes of ore resulting in an average throughput rate of 4,623 tonnes per day at an average grade of 10.3 grams per tonne with recoveries of 86.8%. Ron Hochstein, President and CEO commented, "I'm pleased to announce that during the third quarter we achieved the milest...

Newmont Corp. has announced today it will sell its Akyem operation in the Republic of Ghana to Zijin Mining Group Co. Ltd.. 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 Proceeds from the transaction will support the Company's capital allocation priorities, including strengthening the balance sheet and returning capital to shareholders. "The sale of Akyem represents continued progress on the ...

Lupaka Gold Corp. announces that it intends to complete a non-brokered private placement , to raise gross proceeds of up to $75,000. The Company plans to issue up to 1,500,000 units at a price of $0.05 per unit. Each unit consists of one common share of the Company and one common share purchase warrant . Each Warrant entitles the holder to purchase one additional common share of the Company at a price of $0.10 for a period of three years from closing. Insiders of the Company will be participating in the Placement. Gordon Ellis, President and CEO of the Company and Darryl Jones, Chief Financial Officer, are each acquiring 200,000 Units in the Private Placement. Their participation is considered to be a "related party transaction". However, the Private Placement transaction is ...

Golden Spike Resources Corp. is pleased to announce that it has closed its previously announced brokered private placement offering for aggregate gross proceeds of $1.84 million and the first tranche of its previously announced non-brokered private placement offering for aggregate gross proceeds of $557,500 . The Brokered Offering was led by Kernaghan & Partners Ltd., as the lead agent and sole bookrunner . In connection with the Brokered Offering, the Company issued 8,000,000 flow-through units of the Company at a price of $0.23 per FT Unit. Each FT Unit consists of one common share of the Company and one-half of one Common Share purchase warrant . Each Common Share and each FT Warrant will qualify as a "flow-through share" within the meaning of subsection 66 of the Income T...

Ceylon Graphite Corp. is providing this default status report in accordance with National Policy 12-203 - Management Cease Trade Orders . On July 30, 2024, the Company announced that it was not in a position to file its audited financial statements, CEO and CFO certifications, and management discussion and analysis for the year ended March 31, 2024 on or before July 29, 2024. On July 30, 2024, the British Columbia Securities Commission , as principal regulator, granted the Company a management cease trade order . As announced in the Company's previous news release dated September 10, 2024, the Company applied to the BCSC for an extension of the MCTO deadline from September 27, 2024 to October 11, 2024. The BCSC has granted this request. The Company continues to work diligentl...

Arrow Minerals Ltd. is pleased to advise that its maiden drilling program is about to start at the Niagara Bauxite Project in Guinea. Key Points - Arrow's maiden bauxite exploration program at Niagara is about to start; This will comprise drilling, bulk sampling, and associated metallurgical test work with the aim of estimating Indicated and Inferred Mineral Resources, followed by a Scoping Study in H1 2025. - Work will initially focus on testing 3 of a total of 9 targets, selected for their accessibility, proximity to the rail corridor, and lower cost startup potential. - Past exploration will help inform this drilling, including 448 drill holes completed in multiple campaigns by various companies including Vale in 2007. - Arrow will complete approximately 150 drill holes sp...

Global Uranium Corp. is pleased to announce that it has filed a preliminary short form base shelf prospectus with securities regulators in the provinces of Alberta, British Columbia and Ontario . A copy of the Preliminary Shelf Prospectus may be obtained under the Company's SEDAR+ profile at www.sedarplus.ca. The Company also announces that in connection with the filing of the Preliminary Shelf Prospectus, it has filed auditor-reviewed amended and restated unaudited interim condensed consolidated financial statements and the associated MD&A for the six months ended July 31, 2024 . A Copy of the Reviewed Interim Financial Statements may be obtained under the Company's SEDAR+ profile at www.sedarplus.ca. About Global Uranium Corp. Global Uranium Corp. focuses on exploring a...

Solidly on track to deliver full-year production guidance following strong third quarter results Torex Gold Resources Inc. reports Q3 2024 gold production of 119,412 ounces and gold sold of 122,130 oz. With year-to-date gold production of 348,728 oz, the Company is on track to achieve annual gold production guidance of 400,000 to 450,000 oz. TABLE 1: PRELIMINARY THIRD QUARTER 2024 OPERATIONAL RESULTS Q3 2024 Mining ELG Open Pits - Ore tonnes mined per day tpd 16,731 ELG Open Pits - Waste tonnes mined per day tpd 46,727 ELG Open Pits - Strip ratio waste:ore 2.8 ELG Underground - Ore tonnes mined per day tpd 2,127 Processing Average plant throughput tpd 12,889 Average gold recovery % 90.7 Average gold grade of ore processed gpt 3.47 Gold produced oz 119,412 Gold sold oz 122,130...

Bolt Metals Corp. is pleased to announce that further to its press releases on September 19, 2024 and October 3, 2024, it has closed the previously announced transaction which provides for the acquisition by the Company by 1436060 B.C. Ltd. which holds a beneficial interest in the Switchback Copper-Silver property , located in the Omineca Mining Division of British Columbia, from the shareholders of 143 BC . The Switchback Copper-Silver Property is an exploration stage property located 55 kilometres east of Terrace, British Columbia, via forest service roads. The Property consists of eight contiguous mineral claims totalling 2,560 hectares and is prospective for volcanic redbed copper and polymetallic Cu - Ag - Pb - Zn deposits. Under the terms of the Definitive Agreement, th...

ValOre Metals Corp. today announced the closing of its upsized non-brokered private placement financing which was previously announced in the Company's press release dated September 19, 2024 and update regarding insider participation on September 25, 2024. ValOre issued 55,220,294 units at a price of $0.075 per Unit for gross proceeds of $4,141,522.05 . All monetary figures in Canadian Dollars. Each Unit consisted of one common share in the capital of the Company and one transferable common share purchase warrant . Each Warrant is exercisable to acquire one Share at a price of CDN$0.10 per Share for a period of 36 months from the date of issuance subject to an acceleration clause. If the 20-day volume-weighted average trading price of the Shares as quoted on the TSX-V is equa...

Trading Symbol Silvercorp Metals Inc. is pleased to announce that the SGX Mine permit has been renewed for another 11 years with an increased capacity of 500,000 tonnes per year, based on the information posted on the website of the Mineral Rights Administration of the Department of Natural Resources of Henan Province. The Yuelianggou Mining License containing the SGX and HZG silver-lead-zinc mines, located in the western part of the Ying Mining District, has been renewed until September 24, 2035 with an increase in production capacity to 500,000 tonnes per year. To renew a mining permit, the Company is required to complete a series of studies and reports, including a Mineral Resource estimate to Chinese standards, a mine development plan, a mine reclamation plan, an environme...

Sherritt International Corp. will release its third quarter 2024 results after market close on October 30, 2024. Senior management will host a conference call and webcast on October 31, 2024, at 10:00 am ET to review Sherritt's third quarter 2024 financial and operational performance. Dial-in and Webcast Details: North America dial-in number: 1 717-1738 Passcode: 71533 International dial-in number: 1 514-5100 Passcode: 71533 Webcast and slide presentation: www.sherritt.com Please dial in 15 minutes before the start of the conference to secure a line and avoid delays. Alternatively, listeners will be able to access the conference call via the webcast available on Sherritt's website. A copy of the webcast and replay of the conference call will be available on the website followi...

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated December 5, 2023 to its short form base shelf prospectus dated November 21, 2023 Global Atomic Corp. is pleased to announce that due to significant investor demand, it has entered into an amended and restated underwriting agreement with Red Cloud Securities Inc., as lead underwriter and sole bookrunner, and Canaccord Genuity Corp. to increase the size of its previously announced public offering . Under the revised Offering, the Company will sell to the Underwriters for resale 29,167,000 units of the Company at a price of C$1.20 per Unit for aggregate gross proceeds of C$35,000,400. Each Unit will consist of one common share of the Company and one Common Shar...