Sale of majority stake to Glencore at implied enterprise value of US$9.0 billion on a 100% basis Minority sale to Nippon Steel Corporation Proceeds will be used to strengthen Teck's balance sheet, return cash to shareholders and ensure Teck is well positioned to realize value from its copper growth portfolio Teck to retain all steelmaking coal cash flows until expected closing in third quarter of 2024 Glencore to establish Canadian head office for the steelmaking coal business in Vancouver, maintain jobs and increase investment in the business and local communities VANCOUVER, British Columbia, Nov. 13, 2023 -- Teck Resources Ltd. today announced it has agreed to sell its entire interest in its steelmaking coal business, Elk Valley Resources , through a sale of a majority stake ...

Caledonia Mining Corporation plc announces its operating and financial results for the quarter and the nine months ended September 30, 2023 . Further information on the financial and operating results for the Quarter and nine months can be found in the management discussion and analysis and the unaudited financial statements, which are available on the Company's website and are being filed on SEDAR. This Quarter's results demonstrate a significant improvement in the production performance of Blanket Mine , which reported record quarterly production. This Quarter was also the last quarter to be affected by the negative contribution from the Bilboes oxide mine prior to being placed on care and maintenance from 1 October 2023. This will reduce monthly costs from approximately $1 m...

Silver X Mining Corp. , a rapidly expanding silver developer and producer in Central Peru, is pleased to provide operational results for the third quarter ending September 30, 2023 , further to its news release on September 19, 2023 regarding Nueva Recuperada property operational update. Production Highlights: Since the announcement on September 19, 2023, the Company has successfully processed 230,444 ounces of silver equivalent in just 45 days, with an average head grade of 304.25 g AgEq/t . Processing of 90,303oz AgEq in September 2023;140,050 oz AgEq processed in October 2023. Q3 2023 processed metal was reduced to 120,915 oz AgEq, due to the temporary halt of operations in July and August 2023. Monthly metal throughput is currently back to the levels processed in Q3 2022 ...

London, 14 November 2023 - Endeavour Mining Plc announces it has purchased the following number of its ordinary shares of USD 0.01 each from Stifel Nicolaus Europe Limited. Aggregated information Dates of purchase: 13 November 2023 Aggregate number of ordinary shares of USD 0.01 each purchased: 4,500 Lowest price paid per share : 1,640.00 Highest price paid per share : 1,645.00 Volume weighted average price paid per share : 1,641.67 Following the cancellation of the repurchased shares, the Company will have no ordinary shares in treasury and 246,087,300 ordinary shares in issue. Therefore the total voting rights in the Company will be 246,087,300. This figure for the total number of voting rights may be used by shareholders as the denominator for the calculations by which the...

TDG Gold Corp. is pleased to report the results of the geophysical surveys completed in summer 2023 over TDG's 100% owned, high-grade gold Mets mining lease, located in the Toodoggone District of north-central B.C. Ground Magnetic and Very Low Frequency Electromagnetic surveys were completed covering the entire Mets mining lease. In combination with historical diamond drilling2,3 results and geochemical surveys2, the new geophysical data identifies the known high-grade A-Zone at Mets within an anomalous trend traced over~1,300 metres . Furthermore, the surveys provide evidence that limited historical drilling2,3 within this trend appears to have been located too distal and/or too shallow to intersect the interpreted geophysical anomalies. TDG's geophysics has also identified ...

Mako Mining Corp. is pleased to provide financial results for the three months ended September 30th, 2023 , which is the ninth full quarter of financial results since declaring commercial production on July 1st, 2021 at its San Albino gold mine in northern Nicaragua. All dollar amounts referred to herein are expressed in United States dollars unless otherwise stated. The financial results for the quarter reflect a temporary delay in a third-party refining contract which led to 2,234 ounces of gold being delivered but not sold until the third week of October. Therefore, Revenues, Adjusted EBITDA, Mine Operating Cash Flow and Net Income were commensurately lower, and Cash Costs, Total Cash Costs and AISC were commensurately higher. This effect will reverse in its entirety durin...

Reyna Silver Corp. is pleased to announce that it has reached an agreement to amend the terms of its option agreement dated August 20, 2017 with Messrs. Stephen Sutherland and Herb Duerr , pursuant to which Reyna has the option to acquire a 100% interest in the Optionors' Medicine Springs project located in Nevada, USA . The Option Agreement was initially entered into between the Optionors and Northern Lights Resources Corp. . Reyna acquired and assumed NLR's interest in and to the Option Agreement and the underlying Property pursuant to an option interest acquisition agreement dated December 14, 2022 , between NLR and Reyna. Further details of the Acquisition Agreement are disclosed in the Company's new releases dated December 15, 2022 and January 5, 2023. The ...

Intrepid Metals Corp. announces a non-brokered private placement consisting of a minimum of 12,500,000 and up to a maximum of 15,600,000 units , with each Unit consisting of one common share and one-half of one common share purchase warrant at a price of $0.20 per Unit for aggregate gross proceeds of a minimum of $2.5 million up to a maximum of $3.12 million. Each full Warrant shall entitle the holder thereof to acquire one additional common share at a price of $0.30 for a period of eighteen months from the closing date of the Offering. The net proceeds will be used for exploration expenditures on the Company's mineral properties and general working capital. There is an offering document related to this Offering that can be accessed under the Company's profile at www.sedarplu...

Noram Lithium Corp. is providing an update on its 100% owned Zeus Lithium Project , located in Clayton Valley, Nevada. The Company recently completed a third phase of metallurgical testing on Zeus drill core at Kemetco Research Inc. in Richmond, BC Canada and confirmed the metallurgical processing flow sheet for the Project . During the final phases of the test work program, high purity lithium carbonate was produced from solution generated by large laboratory scale batch leach tests . Figure 1 - 99.2% lithium carbonate precipitate from Zeus laboratory test work. "The Phase III metallurgical test work program at Kemetco and associated modelling and design work has been a tremendous success" stated Greg McCunn, CEO of Noram. "The production of a high purity product from the so...

is pleased to report further strong intercepts of shallow copper, gold, silver, and zinc mineralization at the Santa Helena mine . New results include CD-351: 11.7m @ 1.3% CuEq from 27.0m, and CD-336: 30.7m @ 0.8% CuEq from 6.0m, including 5.7m @ 1.5% CuEq from 7.0m and 3.3m @ 1.2% CuEq from 33.3m . These drill holes are targeting a soil geochemical anomaly in the western sector of the deposit, up-dip from the historical resource envelope. Ongoing drilling continues to expand into open areas of open-pitable resource potential outside of the Santa Helena mine limits. A new satellite anomaly is emerging on the far south-east of the geophysical survey area, defining potential extensional targets, which remain open. The Company's work on the main Cabaçal deposit continues to prove up robust i...

Q Battery Metals Corp. is pleased to provide an update of exploration on their Quebec-based projects including the La Corne South project, located north of Val d'Or, and the Pontax project located within the James Bay region, Quebec. LA CORNE SOUTH PROPERTY Prior Work The Q Battery Metals geological team has completed sampling of pegmatite outcrops that were discovered earlier this year . The geologic team completed sampling program of outcrops containing pegmatitic material and samples were submitted directly to ALS Laboratory in North Vancouver, BC. In total, seven rock samples were submitted to ALS from the June and September sampling programs. The June sampling included a combination of rock chip and grab samples including float blocks. The September sampling included cha...

PJX Resources Inc. is pleased to announce that highly anomalous gold and copper occur in soil material along with zinc, lead, and silver up slope from the discovery of Sullivan deposit style and grade semi-massive to massive sulphide boulders. The new sediment-hosted discovery of Sullivan style zinc-lead-silver mineralization in boulders occurs on the Company's Dewdney Trail Property in the Sullivan Minng District in southeastern British Columbia, Canada . Boulders of Sullivan style and grade mineralization were discovered in an area of about 50 metres by 150 m at the base of a talus slope. The boulders are strongly magnetic and appear to have not moved far down the slope of the mountain from a possible bedrock source as some are large and angular . Soil samples taken from ta...

Horizonte Minerals Plc the nickel development company, announces that it is continuing to work closely with its senior lenders and its cornerstone shareholders on a financing solution for its Araguaia Nickel Project , as announced on 2 October 2023, in parallel to progressing the capital cost and schedule analysis. To manage resources and funds whilst undertaking discussions with the Company's cornerstone shareholders and lenders, the Company intends to reduce construction activities at Araguaia, advancing only critical work streams while maintaining a strong focus on safety. As of 10 November 2023, the Araguaia Project had total liquidity sources of US$169 million comprised of US$131 million undrawn on the Senior Debt Facility and a cash position of US$38 million which shoul...