Golden Minerals Company announces it has entered into a definitive agreement to sell the primary assets comprising its Velardeña Properties, located in Durango State, Mexico. On April 29, 2024, two of Golden's Mexico subsidiaries, Minera William S.A. de C.V. and Minera Labri S.A. de C.V. entered into certain asset purchase and sale agreements with a privately held Mexican company whereby Minera William and Minera Labri agreed to sell certain mining concessions, equipment, land parcels and other assets to the buyer in exchange for an aggregate purchase price of $5.5 million in cash, plus Value-Added Tax . The assets being sold include the Velardeña and Chicago mines, both of the Company's oxide and sulfide processing plants and related equipment. Under the terms of the sales a...

AngloGold Ashanti plc today reported a 2% year-on-year increase in first quarter gold production1, in line with its plans and despite the previously reported impact of rains and flooding in Western Australia on gold production which contributed to a drop of about 15,000oz in production in the first quarter relative to the previous quarter. The Company reconfirmed its 2024 full-year gold production guidance and its 2024 annual gold production forecast for Obuasi in Ghana, which continues its ramp-up. "This is a good start to the year, with another strong safety result and a good overall performance from the portfolio," said Chief Executive Officer Alberto Calderon. "We're seeing greater consistency from most of our operations; in Brazil, both sites have shown significantly bett...

Bayridge Resources Corp. is pleased to announce that, pursuant to its definitive option agreements with CanAlaska Uranium Ltd. , through which the Company may earn up to an 80% interest in each of CanAlaska's Waterbury East and Constellation Projects in the Athabasca Basin, the Company has paid CanAlaska an aggregate of $490,000 in cash and issued to CanAlaska an aggregate of $685,000 worth of common shares . With this tranche of Cash Payments and Share Issuances complete, the Company now must incur exploration expenditures of $1,500,000 within the next 18 months from the time of commencement at each of the Projects in order to earn its initial 40% interest in each of the Projects. About Bayridge Resources Corp. Bayridge Resources Corp. is a green energy company...

Highlights: Continued presence of wide spodumene-mineralized pegmatites containing high-grade intervals at the Mia Zone confirmed: 13.7 m at 1.28% Li2O, including 9.1 m of 1.79% Li2O 8.8 m at 1.33% Li2O, including 5.8 m of 1.71% Li2O Continuity of mineralization at the Mia 1, 2 & 3 zones Q2 Metals Corp. is pleased to announce core assay results for the drill program completed in the winter of 2024 at the Company's wholly owned, 8,668 hectare Mia Lithium Property located in the Eeyou Istchee James Bay Territory of Quebec. The 2024 Winter Drill Program targeted the western end of the more than 10-kilometre-long Mia Lithium Exploration Trend , located 22 kilometres from the Billy Diamond Highway, proximal to major hydro-powerline and all-season road infrastructure. The Mia Trend...

Sterling Metals Corp. is pleased to announce that it has completed the acquisition of the Copper Road Project , from Copper Road Resources Inc. through the purchase of 100797918 Ontario Inc. , a wholly-owned subsidiary of Copper Road. Located 80km north of Sault Ste. Marie, Ontario, Canada, the Copper Road Project is a 24,000ha high-potential brownfield copper-moly-silver-gold project associated with the Midcontinent Rift, which until 2021 had never been fully consolidated. Recent porphyry and breccia drill holes as well as past copper production from two mines suggest the potential for larger intrusion related copper mineralization. The Copper Road Project benefits from its strategic proximity to substantial infrastructure . As consideration for the Transaction...

Clean Air Metals Inc. announces the following senior management changes. Dr. Geoff Heggie, VP of Exploration has left the company to pursue other opportunities. Dr Heggie was instrumental in executing the infill drilling program that added significant ounces to the Escape Deposit. We thank Geoff for his service over the past years and wish him the best in his future endeavours. Dr. Lionnel Djon joins Clean Air Metals as the new VP of Exploration. Dr. Djon, who most recently led the exploration team at Impala Canada, brings a wealth of relevant experience and a track record of success. His leadership resulted in significant mineral resource increases at the Lac des Iles mine through discoveries at depth and adjacent to the known deposit. He is an expert in applying advanced ge...

Kenmare Resources plc 10 May 2024 Report on Payments to Governments Kenmare Resources plc , one of the leading global producers of titanium minerals and zircon, which operates the Moma Titanium Minerals Mine in northern Mozambique, announces the publication of its Report on Payments to Governments. Introduction This report details payments to governments made by Kenmare Resources plc and its subsidiary undertakings for the financial year ended 31 December 2023. This report has been prepared in accordance with the requirements of Part 2A of the Transparency Regulations, 2007 , Part 26 of the Companies Act 2014 and rule DTR 4.3A of the UK Financial Conduct Authority's Disclosure Guidance and Transparency Rules . Part 2A and Part 26 enact in Ireland dome...

London, 10 May 2024 - 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: 09 May 2024 Aggregate number of ordinary shares of USD 0.01 each purchased: 10,876 Lowest price paid per share : 1,653.11 Highest price paid per share : 1,668.00 Volume weighted average price paid per share : 1,656.27 Following the cancellation of the repurchased shares, the Company will have no ordinary shares in treasury and 244,881,849 ordinary shares in issue. Therefore the total voting rights in the Company will be 244,881,849. This figure for the total number of voting rights may be used by shareholders as the denominator for the calculations by which they will de...

Almonty Industries Inc. announces that it plans to extend, in the aggregate, the term of 700,000 outstanding share purchase warrants that were due to expire on February 19, 2024, by one year. On February 13, 2024, the Board of Directors of the Company approved to extend the Insider Warrants held by Lewis Black and Dr. Thomas Gutschlag to February 19, 2025, subject to Toronto Stock Exchange and shareholder approval. Lewis Black and Dr. Thomas Gutschlag are insiders of the Company. During December 2019 through February 2020, the Company conducted a private placement whereby it closed, in three tranches, 2,047,244 units which consisted of 2,047,244 shares and 2,047,244 share purchase warrants, exercisable at a price of $0.75 per share with a three-year term. Of the 2,047,244 war...

Please view PDF version Lucara Diamond Corp. today reports its results for the quarter ended March 31, 2024. All amounts are in U.S. dollars unless otherwise noted. Q1 2024 HIGHLIGHTS: The Karowe Mine has operated continuously for over three years without a lost time injury. The recovery of a 320-carat top light brown gem quality diamond, a 166-carat Type IIa diamond, followed by the recovery of a 111-carat Type IIa diamond in Q1 2024. In January 2024, the successful execution of an amended project financing debt package of $220 million to amend the repayment profile in line with the rebase schedule released in July 2023 for the Karowe Underground Project . On February 18, 2024, the Company announced the signing of a new ten-year diamond sales agreement with HB Trading BV in...

Equinox Gold Corp. is pleased to announce that Equinox Gold shareholders approved all matters voted on at the annual meeting of shareholders held earlier today, including the election of management's director nominees, the appointment of KPMG LLP as the Company's independent auditor, and acceptance of the Company's approach to executive compensation. Ross Beaty, Chair of Equinox Gold's Board of Directors, commented: "I thank all our shareholders for their ongoing support of Equinox Gold as we continue our mission to become a major global gold producer. I am also pleased to welcome our new director, Trudy Curran. Trudy brings a wide range of legal, governance, capital markets and leadership experience and will be a wonderful addition to our Board." Trudy Curran has extensive e...

Mkango Resources Ltd. announces that, as part of its cost cutting initiatives and complementary to its recent £750,000 private placement closing, announced on 11th April, executive management salaries have been reduced by between 25% to 50% each from April 2024 through to September 2024. This conserves additional working capital to advance the Company's assets. In connection with these salary reductions, the board has implemented a bonus scheme in the form of shares to incentivise the executive management team. The non-executive directors have foregone their remuneration since 1 January 2024. The Company has also issued 4,037,024 Restricted Share Units pursuant to the Company's RSU plan as adopted on 25 October 2023, , to William Dawes , Alexander Lemon and Robert Sewell . Ea...

Nexus Uranium Corp. is announces a renewal agreement with MIC Market Information & Content Publishing GmbH beginning May 9th, 2024 for marketing services which will continue through June 15th, 2024 or until budget exhaustion. Pursuant to the Agreement, MIC will utilize their online programs with the aim of increasing investor awareness and interest in the Company through various online platforms and methods of engagement in consideration of EUR 150,000. MIC is an independent company which will, as appropriate, provide project management and consulting for an online marketing campaign, coordinate marketing actions, maintain and optimize AdWords campaigns, adapt AdWords bidding strategies, optimize AdWords ads and create and optimize landing pages . The promotional activity wil...