The City of Chapais and the metal exploration company QC Copper & Gold have implemented an official working group to ensure the exploration and development of the Opémiska project within the city limits of Chapais are conducted according to the highest industry standards. The working group, City/Mine Group is a forum for constructive dialogue to ensure that the Opémiska project is explored and developed according to the values and expectations of Chapais citizens while maximizing economic benefits. Figure 1 To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/9282/217464_figure1.jpg What is the City/Mine Group? The CMG allows representatives from QC Copper & Gold and the Chapais leadership team to discuss issues transparently and on an equal foot...

NYSE: VZLA TSX-V: VZLA After-Tax NPV of US$1,137 million, After-Tax IRR of 85.7%, Initial Capex of US$224 million, Average Annual Production of 15.2 million oz AgEq at AISC of US$9.40 per oz AgEq Vizsla Silver Corp. is pleased to announce the results from the independent preliminary economic assessment on its 100%-owned flagship Panuco silver-gold project located in Mexico. The PEA, completed by Ausenco Engineering Canada ULC , supported by Entech Mining Ltd. and SGS Canada Inc. , provides a robust base case assessment for developing Panuco as a long-life, high-margin underground precious metals mine with low initial capital requirements and a fast timeline to production. "An estimated after-tax NPV of more than US$1.1 billion, an after-tax IRR of 85.7% and a payback period o...

Alpha Exploration Ltd. announces today that it has entered into an agreement pursuant to which Cormark Securities Inc. and Canaccord Genuity Corp. have agreed to act as co-lead agents and bookrunners , on behalf of a syndicate of agents in connection with a brokered private placement of 6,670,000 ordinary shares of the Company on a "best efforts" agency basis at a price of $0.90 per Share for aggregate gross proceeds to the Company of $6.0 million . In addition, the Agents have been granted an option exercisable, in whole or in part, up to the closing date to sell up to an additional 1,000,500 Shares at the Offering Price for additional proceeds of C$900,450. The net proceeds from the Offering will be used for exploration and development activities at the Company's projects i...

KEY POINTS Quarter highlights Plutonic and Henty quarterly production 24,576oz and 6,926oz respectively - both representing the most successful production quarters under Catalyst ownership Cashflows from operations allowed Catalyst to end the quarter with $37m in cash and bullion, $45m liquidity and only $8m debt in the form of a 2,220oz gold loan repayable in six, monthly instalments Studies confirmed Trident and Plutonic East as near-term, low-cost development priorities Reported maiden Ore Reserve Estimate for Trident, increasing group Reserves to 793koz Production Gold produced for the quarter totalled 31,502oz at an average AISC of A$2,352, comprising: Plutonic: 24,576oz gold produced at an AISC of A$2,291/oz Henty: 6,926oz gold produced at an AISC of A$2,524/oz Discovery and Growth H...

Teck Resources Ltd. today announced its unaudited second quarter results for 2024. "We generated $1.7 billion of Adjusted EBITDA1 in the second quarter driven by record copper production with QB ramp-up continuing, as well as strong copper market fundamentals with copper prices reaching all-time highs," said Jonathan Price, President and CEO. "In early July, we completed the sale of our steelmaking coal business, and we now move forward as a pure-play energy transition metals company with leading copper growth. With cash proceeds of US$7.3 billion we will reduce debt, retain cash to fund our near-term copper growth, and return significant cash to our shareholders." Highlights Adjusted EBITDA1 of $1.7 billion in Q2 2024 was driven by record copper production as Quebrada Blanca c...

Jiangxi Copper Company Ltd. ‎announces that today, JCC and First Quantum ‎Minerals Limited , a company listed on the Toronto Stock Exchange, entered into a shareholder rights agreement . The Shareholder Rights Agreement is expected to support the reasonable sharing of best practices between the parties across the copper value chain, including in smelting and refining, in which JCC is a world leader. The four key provisions of the Shareholder Rights Agreement are: Nomination rights: JCC will have the right to nominate one person for consideration by the Nominating and Governance Committee of the board of First Quantum, which will make a recommendation to the board regarding the appointment or election of such nominee as a member of the board; Standstill: JCC has agreed ...

Venerable Ventures Ltd. announces the closing of a non-brokered private placement for aggregate gross proceeds of $300,000 through the issuance of 6,000,000 units at a price of $0.05 per Unit. Each Unit consists of one common share and one full common share purchase warrant with each Warrant entitling the holder to acquire an additional common share at an exercise price of $0.065 until July 23, 2029. All securities issued in connection with the Offering are subject to a statutory hold period expiring November 24, 2024. The Company intends to use the net proceeds from the Offering for working capital and general corporate purposes. Early Warning Disclosure: Prior to a private acquisition of 300,000 common shares, Fiore Management and Advisory Corp., a Company controlled and di...

Strategic Minerals Europe Corp. , a company focused on the production, development, and exploration of tin, tantalum, and niobium, announces that Gabriela Kogan has resigned as a director of the Company. Ms. Kogan's contributions to the Company during her tenure have been acknowledged and appreciated. "I would like to thank Gabriela for her contributions during her tenure at the Company and I wish her all the best in her future endeavours" commented Miguel de la Campa, Chairman of the Board of Directors of Strategic. About Strategic Minerals Europe Corp. Strategic's wholly-owned subsidiary, Strategic Minerals Spain, S.L. , produces, identifies, explores, and develops mineral resource properties critical to the green economy, predominantly in Spain. SMS holds permits and a pro...

Nova Minerals Ltd. , ), a gold and critical minerals exploration stage company focused on advancing the Estelle Gold Project in Alaska, U.S.A., today announced the pricing of an underwritten public offering of 475,000 units, with each unit consisting of one American Depositary Share representing ordinary shares and one warrant, with an ADS-to-ordinary-share ratio of 1 to 60, at a price to the public of $6.92 per unit, for gross proceeds of approximately $3,287,000, before deducting underwriting discounts and offering expenses. Each whole warrant is exercisable for one ADS at an exercise price of $7.266 per ADS, and will be immediately exercisable upon issuance for a period of five years following the date of issuance. In addition, Nova has granted the underwriters an option t...

Aztec Minerals Corp. is pleased to announce that it is amending the terms of its non-brokered private placement financing, previously announced on July 16, 2024 and July 18, 2024, for up to 14,444,444 units of the Company at a price of C$0.18 per Unit for aggregate gross proceeds of up to C$2,600,000, increased from C$2,500,000 . Each Unit will consist of one common share in the capital of the Company and one-half of one Share purchase warrant . Each whole Warrant will entitle the holder thereof to purchase one Share at an exercise price of C$0.25 for twenty-four months following the closing date of the Offering. The Units to be issued under the Offering will be offered to purchasers pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106...

B2Gold Corp. will release its second quarter 2024 financial results after the North American markets close on Thursday, August 8, 2024. B2Gold executives will host a conference call to discuss the results on Friday, August 9, 2024, at 8:00 am PT / 11:00 am ET. Participants may register for the conference call here: registration link. Upon registering, participants will receive a calendar invitation by email with dial in details and a unique PIN. This will allow participants to bypass the operator queue and connect directly to the conference. Registration will remain open until the end of the conference call. Participants may also dial in using the numbers below: Toll-free in U.S. and Canada: +1 763-8274 All other callers: +1 484-8814 The conference call will be available for ...

During the quarter, testing of third-party feedstock continued at Cobalt Blue Holdings Ltd.'s Technology Development Centre . Work continues to optimise key unit operations. COB has been testing material in feedstock samples sourced from global third parties for trial, with a significant portion of those samples successfully processed through the refinery circuit. The Technology Development Centre operates largely continuously, providing operational data from which to assess materials processing and engineering design. For instance, after prospective off-takers determined target levels for trace metals, including calcium, magnesium, and sodium, COB readily modified the solvent extraction circuit to produce a refined cobalt sulphate within the desired specifications. This inte...

Myriad Uranium Corp. announces that the Company has resolved to quit or relinquish, as appropriate, any interests it may hold in Niger, effective immediately. In connection with such resolution, Myriad has terminated its property option agreement dated as of August 17, 2022 with Loxcroft Resources Ltd., as optionor of the Niger properties referenced therein. Myriad's CEO Thomas Lamb commented: "Myriad has been prevented by reasons beyond its control from conducting operations in Niger since the July 2023 coup d'etat. We are now focusing all our attention on the Copper Mountain Uranium Project in Wyoming, USA., a project with significant past production, a large historical uranium resource, and exciting exploration upside." About Myriad Uranium Corp. Myriad Uranium Corp. is a ...