G2 Goldfields Inc. is pleased to announce that it has closed the previously announced non-brokered private placement of 28,965,365 common shares of the Company at a price of $1.45 per Share for aggregate gross proceeds of approximately C$42 million. The net proceeds from the Offering are expected to be used to advance exploration activities at the Company's Oko project in Guyana and for working capital and general corporate purposes. A single European investor purchased 20,000,000 Shares and AngloGold Ashanti Holdings plc purchased 8,965,365 Shares under the Offering, increasing AGA's ownership to approximately 15.0% of the outstanding Shares of G2 from approximately 12.8% immediately prior to closing of the Offering. In connection with the Offering, the Company paid finder's...

Neotech Metals Corp. announces that, as a result of a continuous disclosure review by the British Columbia Securities Commission, it has filed an amended management's discussion and analysis relating to its condensed interim financial statements for the periods ended March 31, 2024 and 2023 . The Amended MD&A has been filed under the Company's profile on SEDAR+, which can be accessed at sedarplus.ca and should be read in conjunction with the March 31 Interim Financial Statements. About Neotech Metals Corp. Neotech Metals is a mineral exploration company dedicated to discovering and developing valuable mineral resources in promising regions around the world. With a strong commitment to environmental stewardship and sustainable practices, Neotech is positioned to make a pos...

Revised Capital Cost C$2.2 Billion /USD$1.58 Billion Average Annual After-Tax Net Cash Flow of C$1.93 Billion Consistent Mine Life and Production Capability up to 30 Million Pounds U3O8 Annually Elite Environmental Plan Incorporates Reclamation during Operations resulting in minimal C$70 Million Closure Cost. NexGen Energy Ltd. announced today an update to the initial capital, sustaining, and operating cost estimates for the Company's 100%-owned Rook I Project . The estimated pre-production capital costs are Canadian Dollar C$2.2 billion / US Dollar $1.58BN, with an average cash operating cost over the life of mine estimated at an industry leading C$13.86/lb U3O8. Sustaining capital costs were also updated and are estimated at C$785 million , inclusive of closure costs of app...

Homerun Resources Inc. is pleased to provide a second update to the previously announced 2,000-meter auger drill program at the Belmonte high-purity silica deposit in Belmonte, Bahia, Brazil. The program commenced on May 22nd, 2024, as scheduled. The contractor began drilling with one mechanical auger rig and one team and added a second team and mechanical auger rig on the 27th of May. As of July 22, 140 auger holes for 1401.59 m have been completed. Map of the auger drilling program to July 22th, 2024 To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/4082/218531_010572ad049e6a6e_001full.jpg "These MRE results are as anticipated based on our knowledge of the homogeneous nature of the high-purity silica in the Belmonte Silica Sand...

Westward Gold Inc. is pleased to provide an update on 2024 exploration activities at its flagship Toiyabe Hills consolidated land package, situated along the Cortez Trend in Lander County, Nevada. The primary goal of the programs - designed by Westward's technical team with a history of significant Carlin-type gold discoveries to their credit - is to define new high-priority drill targets on the Company's 55-square kilometer property. The highlights of ongoing and upcoming field programs are as follows: 1:5000 district-scale, Anaconda-style geological mapping continues, led by Vice President Exploration Robert Edie and Technical Advisor Steven Koehler A rock-chip sampling program is ongoing, focused on areas of interest identified during mapping; to date, 143 samples have bee...

Rockport, Ontario - New Age Metals Inc. in conjunction with its Farm-in/Joint Venture agreement with Mineral Resources Ltd. is pleased to announce that summer field work has commenced on the Company's Winnipeg River-Cat Lake Lithium Projects of Southeast Manitoba. This work is in conjunction with a research project being carried out across the properties in partnership with the University of New Brunswick, University of British Columbia, and supported by the Manitoba Geological Survey. A budget from June 2024 to April 2025 of ~$450,000 has been approved by Mineral Resources Ltd. The field work will be a collaboration between New Age Metal's geologists and the academic researchers to further define targeting within the project areas. Much of the company's expansiv...

St-Georges Eco-Mining Corp. is pleased to announce that its hydrogen technology subsidiary, H2SX Corp, has secured a financing agreement with a private Canadian company under a Non-Disclosure Agreement. The Investor will subscribe $7,500,000 in a private placement of units priced at $0.75 per unit. Each unit will include one common share in H2SX Corp. and one share purchase warrant, which entitles the holder to purchase one share at $1.00 within three years or at $1.50 between three to five years from the issuance date. An initial non-refundable subscription tranche payment of $1,000,000 will be made to H2SX Corp. within 30 days. Following this first disbursement, the Investor will conduct an engineering and technical due diligence review, including a partner visit to South K...

TORONTO and PERTH, Australia, Aug. 1, 2024 /CNW/ - Westgold Resources Limited and Karora Resources Inc. are pleased to announce the completion of the merger of Westgold and Karora to create a leading mid-tier gold producer and international gold company expected to be dual listed on the Australian Securities Exchange and Toronto Stock Exchange . Westgold has acquired 100% of the issued and outstanding shares of Karora by way of a statutory plan of arrangement under the Canada Business Corporations Act . The merger creates a larger, more diversified and, subject to the final approval of the TSX, dual listed gold company, which: is globally investable - a mid-tier gold producer operating exclusively in Western Australia with a highly complementary combination of mining and proce...

Standard Lithium Ltd. , a leading near-commercial lithium development company, today announced a leadership transition that aligns with the Company's growth strategy and next steps in value creation. Effective September 1, 2024, Robert Mintak will retire as Chief Executive Officer and remain engaged as an advisor through August 2025. David Park will assume the position of Chief Executive Officer effective September 1, 2024. Over the past year, David Park has been actively engaged with Standard Lithium as a strategic advisor, working closely with the senior management team. His deep understanding of the Company's vision and strategic goals, coupled with his respected position within the organization, has made him a key contributor to the Company's recent successes. Mr. Park ha...

MAX Power Mining Corp. , utilizing proprietary methods and data modelling, has identified a prospective naturally occurring hydrogen resource play in southeast Saskatchewan featuring dozens of historical hydrogen showings, including grades up to 96.4%, within a compelling geological context. As a result, through a series of permit applications, MAX Power has assembled a 1,244 sq. km land package, which shall now be referred to as the "Rider Natural Hydrogen Project", situated within the ~200-km-long NE-SW striking Torquay-Rocanville Corridor . Multiple high-priority target areas exist across five separate large claim blocks and include evidence of potential upward migration of hydrogen to surface, possibly through serpentinization or fracture zones, making the Rider Project t...

Announced $100 Million for Additional Share Repurchases Achieved First Development Coal at Centurion Peabody today reported net income attributable to common stockholders of $199.4 million, or $1.42 per diluted share, for the second quarter of 2024, compared to $179.2 million, or $1.15 per diluted share in the prior year quarter. Peabody had Adjusted EBITDA1 of $309.7 million in the second quarter of 2024, which included $80.8 million from an insurance settlement compared to $358.2 million in the prior year quarter. "Our operations performed safely, while achieving results in-line with expectations across all four segments. With a strong outlook for free cash flow in the second half of 2024, we have committed $100 million for additional share buybacks," said Peabody President and Chief Exe...

Peabody announced today that its Board of Directors has declared a quarterly dividend on its common stock of $0.075 per share, payable on September 4, 2024 to stockholders of record on August 15, 2024. Peabody is a leading coal producer, providing essential products for the production of affordable, reliable energy and steel. Our commitment to sustainability underpins everything we do and shapes our strategy for the future. For further information, visit PeabodyEnergy.com. Contact: Karla Kimrey 314.342.7890 Forward-Looking Statements This press release contains forward-looking statements within the meaning of the securities laws. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words or variation of...

SÃO PAULO, Aug. 1, 2024 /CNW/ -- Sigma Lithium Corp. , a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable lithium concentrate announces it will release its financial results for the second quarter ended June 30, 2024 after market close on August 15, 2024. The release will be followed by an investor conference call on August 16, 2024, at 8:00am eastern time. Sigma Lithium's first quarter 2024 press release, investor presentation and quarterly filings will be available through the company's investor relations website, ir.sigmalithiumcorp.com. A webcast replay will also be available following the conclusion of the event. ABOUT SIGMA LITHIUM Sigma Lithium is a leading globa...