Labrador Iron Ore Royalty Corp. announced that Iron Ore Company of Canada , in which LIORC holds a 15.1% equity interest, has declared a dividend to be paid in September. LIORC's portion of the IOC dividend is U.S. $15.1 million, or about CDN. $20.3 million. For further clarity, this announcement refers to the declaration of an IOC dividend to be received by LIORC and is NOT the declaration by LIORC of a dividend to be paid to LIORC shareholders. LIORC typically declares a third quarter dividend in September based on the total amount of cash expected to be received in the quarter, including the IOC dividend. About Labrador Iron Ore Royalty Corporation The Corporation holds a 15.10% equity interest in IOC directly and through its wholly-owned subsidiary, Hollinger-Hanna Limite...

Pan American Energy Corp. is pleased to announce that it has completed the Phase Two earn-in payments and work expenditures under its property option agreement with Magabra Resources Corp. dated August 22, 2022. Accordingly, Pan American has acquired a 75% interest in the Big Mack Lithium Project in Kenora, Ontario . Under the terms of the Big Mack Option Agreement, the Company can earn an additional 15% interest in Big Mack, for a total 90% interest, by issuing C$100,000 of Pan American shares by August 22, 2025. The Company also announced that it has elected to terminate the option agreement dated September 22, 2022 with Horizon Lithium LLC and FMS Lithium Corp., pursuant to which the Company had the right to earn a 100% interest in the Horizon Property locate...

US Copper Corp. is pleased to announce that it has completed a non-brokered private placement for aggregate gross proceeds of $200,000. The Private Placement involved the issuance of 6,666,667 units at a price of $0.03 per Unit. Each Unit consists of one common share in the capital stock of the Company and one warrant. Each whole warrant will entitle the holder to purchase one Common Share for $0.06 at any time within 2 years after closing. All securities issued pursuant to this Private Placement will be subject to a four-month hold period. The Private Placement remains subject to final acceptance by the TSX Venture Exchange. Insiders of the Company acquired directly and indirectly a total of $18,800 worth of Units or 626,667 Units in the Private Placement on the same basis a...

Muzhu Mining Ltd. is pleased to announce that the Company's wholly owned Chinese subsidiary Louyang Sow International Mining Company Ltd "LSM" has paid a good faith refundable deposit of 1,000,000 RMB to allow time to investigate a prospective gold project known as the Wulonggou Gold Mine "WGM". The mineral structure in this mine has been well explored and studied and some of the mineral veins are already in production. LSM intends to cooperate with WGM to explore past workings by local miners who confirmed the existence of a mineralized structure. The prospective vein structure is expected to be consistent, both in width, extension and grade, with some of the veins of WGM that are already in production. An agreement is currently being negotiated in the event the exploratory ...

Midnight Sun Mining Corp. reports that the Zambian Ministry of Mines and Minerals Development has published a decision on its website indicating the Company's renewal application for Large Scale Exploration Licence 21509-HQ-LEL , which hosts the Kazhiba Dome target, has been rejected. This licence is one of three which make up Midnight Sun's Solwezi Project, and the current status does not affect the other two licences, the Kobold Earn-In Agreement, or the Cooperative Exploration Plan underway with First Quantum aside from timing of drilling, and targets of focus in the near term. While the Company works vigorously to secure the renewal, drilling at Kazhiba will be postponed, and the Company will instead shift immediate exploration plans to the Mitu copper target. The Company...

Global Stocks News - Sponsored content disseminated on behalf of West Red Lake Gold. On August 27, 2024 West Red Lake Gold Mines in Greece, Turkey and Canada - for Skeena Resources, Eldorado Gold and Rio Tinto. West Red Lake Gold expects to complete a pre-feasibility study in support of the restart goal in the coming months. August 27, 2024 drill result highlights from the Austin and McVeigh zones. Click Image To View Full Size These results follow-up on the significant intercepts previously announced on August 12, 2024. "The August 12, 2024 drills results reported 107.61 g/t Au over 2.5 meters at Austin and 106.99 g/t Au over 2.35 meters at McVeigh," Will Robinson, VP Exploration told Guy Bennett, CEO of Global Stocks News . "The August 27 results build on that, with McVeigh reporting 5.5...

Macarthur Minerals Ltd. , announces that Andrew Suckling will not be standing for re-election at the Annual General Meeting scheduled for 26 September 2024. Mr. Suckling final day with the Company will be 26 September 2024. Since joining Macarthur in 2019, Mr. Suckling has executed his roles as Non-Executive Director and as Chairman of the Remuneration and Nomination Committee as well as Chairman of the Audit and Risk Committee with due care and diligence. In recognition of his dedicated service, including his leadership roles, the Company proposes to grant Mr. Suckling, subject to all necessary shareholder approvals, one million shares 1. The issue of these shares will be subject to shareholder approval at a future general meeting. Further details will be provided in the rel...

Highlights: Sigma Lithium has received a binding commitment from BNDES for a BRL487 million development loan to fully fund the construction of Sigma Lithium's Second Greentech Carbon Neutral Plant in Brazil. Sigma has initiated construction activities on site while conducting detailed engineering work following the Final Investment Decision made by its Board of Directors. Based on the current construction timetable, the Company plans to complete construction and commissioning in the summer of 2025. The Development Loan provides the Company with a 16-year repayment period at a very low interest rate, a hallmark of development debt financing. The key terms and conditions are: Amount: BRL 487 million Term: 192 months Interest Rate: BRL 7.45% per year. Grace Period: 18 months - Amortization Pe...

TriStar Gold Inc. is pleased to announce that the Pará Secretariat for the Environment and Sustainability has issued the Licença Prévia for the Castelo de Sonhos gold project in Brazil. "Following the previously announced approval by Pará State Environmental Council we have now received the LP, a true milestone for TriStar that derisks and sets us apart from many other mine developers. We are now ready to move forward, having the necessary permits in hand to advance the feasibility study, including the operating license for drilling and vegetation clearing authorization amongst others," says Nick Appleyard, TriStar's President and CEO. "We can all see that Brazil has become a major mine development hub, with more mines built recently than any other comparable jurisdiction. Gi...

Torex Gold Resources Inc. announces that on the morning of August 29th, a fatal injury occurred involving a contract worker within the Guajes Tunnel. Jody Kuzenko, President & CEO of Torex, stated: "We are deeply saddened by the death of a 40-year-old male contractor who suffered fatal injuries while working in the Guajes Tunnel and our thoughts are with his family and friends. Our full support is being provided to his family as we start the work to investigate the incident to understand how we can prevent this from ever happening again." The appropriate authorities have been notified. Media Luna construction activities in the Guajes Tunnel have been temporarily suspended. An investigation to determine the cause of the accident is expected to commence shortly. Torex is an int...

West High Yield Resources Ltd. announces that, further to the Company's news release dated August 15, 2024, it met with Ministry of Energy, Mines and Low Carbon Innovation on August 26, 2024 to continue discussions regarding the permit process for carrying out the extraction and production of critical minerals at its Record Ridge Industrial Mineral Mine at a reduced throughput. The Company also confirms the commencement of a private placement offering . Mine Permit Update The EMLI Meeting focused on exploring the available options for the Company following the British Columbia Environmental Assessment Office decision as detailed in the Company's news release dated August 15, 2024. During the EMLI Meeting, West High Yield reaffirmed its commitment to pursuing a reduced volume ...

General Copper Gold Corp. is pleased to announce the commencement of further exploration and additional analysis following the Company's initial drill program. The drill program successfully targeted an anomaly, identified by their IP survey. All three holes of this initial program successfully intersected the identified structure of Target 1, which remains open in all directions, along strike and down dip. The structure appears to be an altered shear zone, with significant quartz along with pyrite and pyrrhotite veins and chalcopyrite. As part of the further exploration program the Company will log and assay untested, near surface drill core that on further examination has indications of fine sulphides and other indicator minerals associated with gold mineralisation. Previou...

Delta Resources Ltd. is pleased to announce the results of voting at its Annual and Special Meeting of shareholders held on Wednesday, August 28, 2024. Shareholders voted in favour of all items put forward by the Board of Directors and Management. Frank Candido, Andre C. Tessier, Kevin B. Heather and Sara Marcotte Paquet were all re-elected as Directors of the Company. The shareholders appointed KPMG LLP as auditors of the Company and approved the Company's stock option plan. Delta is also pleased to announce that it has engaged the services of two third party investor relations firms to enhance its investor outreach and to help broaden its investor engagement. Delta has built a commanding land package in the eastern Shebandowan Greenstone Belt of Thunder Bay, Ontario around ...