Eldorado Gold Corp. today provides the following updates on the tax impacts in Turkiye related to the weakening of the Turkish Lira in Q1 2024. Tax Impacts in Turkiye for Q1 2024 Related to the Weakening Turkish Lira The Company's profits from mining operations in Turkiye are taxed at the enacted rate and the resulting current income tax expense can be further increased or reduced by other items. For the first quarter, the Company expects the Turkish current income tax expense on mining profits, at an enacted rate of 25%, to be further decreased by $9 to $12 million. The estimated decrease is primarily attributable to investment tax credits relating to Kisladag and Efemcukuru, and the effects of inflation accounting, partly offset by taxable unrealized foreign exchange gains du...

Trigon Metals is pleased to announce that, at its annual and special meeting of Trigon shareholders that took place on April 9, 2024, Trigon shareholders approved all matters put before them, including: the proposed spinout of Trigon's wholly-owned subsidiary, Safi Silver, which holds the Company's Moroccan assets, namely the Silver Hill and Addana projects, pursuant to a plan of arrangement under section 192 of the Canada Business Corporations Act ; and the consolidation of Trigon common shares on the basis of one post-consolidation Trigon common share for each five pre-consolidation Trigon common shares . The Proposed Arrangement and the Share Consolidation was approved by Trigon shareholders at the Meeting. The approved resolutions are as follows: Election of ...

Capstone Copper Corp. is pleased to announce that first ore was introduced to the grinding circuit at its Mantoverde Development Project in Chile during March. This represents the completion of a key commissioning event and a further derisking step for the project. The Company is focused on a safe, efficient and phased project commissioning and ramp-up. The project total capital estimate remains unchanged at $870 million. Key commissioning milestones at the MVDP include: First ore to the primary crusher - completed in Q4 2023 First ore to the grinding circuit - completed in Q1 2024 First saleable concentrate - on track for Q2 2024 Achievement of nameplate operating rates - expected during Q3 2024 John MacKenzie, Capstone's Chief Executive Officer, commented, "I am pleased with the progress...

Coeur Mining Inc. today announced that it will report its first quarter 2024 operational and financial results after the New York Stock Exchange closes for trading on Wednesday, May 1, 2024. The Company will be hosting a conference call at 11:00 a.m. Eastern Time on Thursday, May 2, 2024. Hosting the call will be Mitchell J. Krebs, President and Chief Executive Officer of Coeur, who will be joined by Thomas S. Whelan, Senior Vice President and Chief Financial Officer, Michael "Mick" Routledge, Senior Vice President and Chief Operating Officer, Aoife McGrath, Senior Vice President of Exploration, and other members of management. A replay of the call will be available through May 9, 2024. Conference Call Details: U.S.: 560-2581 Canada: 669-9657 International: 542-4166 Conference ...

Intrepid Potash Inc. today announced that on Saturday, April 6, 2024, Bob Jornayvaz was involved in an accident while playing in the U.S. Open Polo Championship and is currently receiving treatment. Our thoughts are with him and his family. We will provide updates as more information becomes available. About Intrepid Intrepid is a diversified mineral company that delivers potassium, magnesium, sulfur, salt, and water products essential for customer success in agriculture, animal feed and the oil and gas industry. Intrepid is the only U.S. producer of muriate of potash, which is applied as an essential nutrient for healthy crop development, utilized in several industrial applications and used as an ingredient in animal feed. In addition, Intrepid produces a specialty fertilize...

First Phosphate Corp. and Pekuakamiulnuatsh Takuhikan announce the signing of a collaboration agreement with respect to its proposed phosphate mine and Lithium Iron Phosphate cathode active material plant project in the Saguenay-Lac-Saint-Jean Region of Quebec, Canada . The collaboration agreement signed today in Mashteuiatsh, in the presence of the Chief of the Pekuakamiulnuatsh First Nation, Gilbert Dominique, and the CEO of First Phosphate, John Passalacqua, is an important step in the development of the Project. The agreement sets out guidelines regarding employment opportunities, business horizons, environmental protection across the Nitassinan , harmonization of exploration work with the members of the First Nation who occupy the Nitassinan, and the supervision of futur...

Freegold Ventures Ltd. is pleased to announce the 2024 exploration program for its Golden Summit Project. Results remain pending for the 2023 drill program holes GS2336 and GS2337. Both holes were drilled in the western portion of the current resource. Once available, the results from these holes will be reported. The 2023 drill program results will then be incorporated into an updated mineral resource estimate. The 2023 program successfully: Confirmed the potential to further expand the resource along strike to the west within a 1.5 kilometre-long gold-in-soil geochemical anomaly; Highlighted the potential for further expansion drilling to the west to increase the overall resource grade at shallower depths; Closed off mineralization to the north of the current resource and; D...

Taseko Mines Ltd. today announced that it has priced an offering of US$500 million aggregate principal amount of Senior Secured Notes due 2030 . Interest on the Notes will accrue at an annual rate of 8.25% payable semi-annually, and the Notes will be issued at par. The offering is expected to close on April 23, 2024, subject to customary closing conditions. Taseko intends to use the net proceeds from this offering, together with cash on hand, to redeem all US$400 million aggregate principal amount outstanding of its Senior Secured Notes due 2026 , to make capital expenditures, including at its Florence Copper project and Gibraltar mine, as working capital and the remainder, if any, for general corporate purposes and to pay fees and expenses in connection with this offering. Th...

Based on a cursory examination of official information, at least five jurisdictions are seen to have lithium projects in Canada: Québec, Ontario, Manitoba, Alberta, and Saskatchewan. Globally, Canada appears in eighth position in lithium resources and sixth place in lithium reserves. There is no doubt that the potential of lithium in Canada is great. However, it all indicates that we will still have to wait for a few years for its complete takeoff. In 2023, it ranked, together with Zimbabwe, in the sixth position in world lithium production. Nevertheless, this reflects an important improvement over the previous year when it only produced 520 metric tons of contained lithium. Policy and regulatory fra...

Velox Energy Materials Inc. is pleased to announce its project partner, the Hydrogen Storage Research Group at Curtin University has executed a binding funding agreement with the Australian Renewable Energy Agency on 15 March 2024 for grant funding of A$5,000,000 under the Transformative Research Accelerating Commercialisation Program for the Kotai Hydrogen Project . Highlights A$5 million awarded under a competitive process in the ARENA Transformative Research Accelerating Commercialisation grants program that funds the commercialisation of renewable hydrogen through innovative R&D in renewable hydrogen production, storage and distribution technologies. The total project funding is approximately A$16.5 million, with cash and in-kind funding contributions of A$7.15 millio...

Sky Gold Corp. announces amendments to the property option agreements for the acquisitions of 100% interest in each of the Horne property and the Laurie property, both which border the Eureka Gold Zone , located in the Dawson Road Lots, straddling the Trans-Canada highway, approximately 50 kilometres west of the City of Thunder Bay, in northwestern Ontario. In consideration of an aggregate total 2,300,000 common shares to be issued to the vendors, the cash obligations under the option agreements will be reduced by an aggregate total of $50,000 , and the overall exploration expenditures are confirmed at $500,000 with the annual amounts deferred for certain years, with portions of the 1st and 2nd year expenditure obligation deadlines deferred to the 3rd and 4th years. The remai...

Capella Minerals Ltd. announces that the Company and Polar Transition Metals AS have mutually agreed on a 90-day extension of the long-stop date in order to close the asset sale agreement previously announced on October 17, 2023 . The amended long-stop date to close the Agreement is now July 7, 2024. This extension paves the way for the ongoing Initial Public Offering of Polar on Euronext Growth in Oslo, Norway. Julien Balkany, Chairman of Polar Transition Minerals AS said: "We are pleased to be moving forward at full-speed with the IPO on Euronext Growth in Oslo and our objective is become the first publicly listed company in Norway exclusively focused on exploring, exploiting and supplying critical minerals essential for the energy transition. We are on track to complete th...

Oroco Resource Corp. announces that pursuant to the Company's Stock Option Plan and subject to approval by the TSX Venture Exchange, it has granted a total of 6,235,000 incentive stock options to 33 directors, officers, employees and consultants of the Company at an exercise price of $0.75 per share, with a term of 3 years. Of that total option grant, 3,075,000 incentive options have been granted to officers and directors of the Company. All options will vest in 4 installments with one-quarter vesting on the grant and thereafter upon each of the 3, 6, and 9-month anniversaries of the grant. The Company now has 13,685,000 incentive options outstanding, equating to 6 percent of the currently issued and outstanding shares of the Company, at an average exercise price of $1.42 per...