Serabi provides update to regional exploration campaign at its Palito Complex Serabi Gold Plc , the Brazilian-focused gold mining and development company, is pleased to provide an exploration update from its activities on its regional tenement holding over the Palito complex in the Tapajos region of Para State, Northern Brazil. - https://bit.ly/3xnwSfF Highlights Induced Polarisation programme completed in December 2023 over the São Domingos property identified a 1km long x 0.25km wide chargeability anomaly. The anomaly underlies several areas of artisanal activity. Western limit of the anomaly was drilled in 2021 . A follow-up wide-spaced shallow depth auger programme has been undertaken. Significant auger intercepts to date are as follows: Hole 24-TRSAD-004 - 1m @ 18.46 g/t ...

Caledonia Mining Corporation plc is pleased to announce that James Mufara has agreed to join the Caledonia group as Chief Operating Officer with effect from May 1, 2024. James was previously at Harmony Gold Mining Company Limited where, as Regional General Manager, he headed a complex portfolio of operations consisting of five mines and 15,000 staff, mining 450koz of gold per annum. James has over 25 years' experience in the mining sector in Southern Africa, including 13 years in leadership roles. His career has been primarily gold focused, but also with exposure to nickel, copper, and chrome mining. His experience includes deep-level underground mining and open-pit operations, which is relevant to the existing underground operation at Blanket mine and Caledonia's development p...

Black Iron Inc. announces that Ukraine's Ministry of Economy has finalized all of its planned updates to the Investment Support Agreement legislation and is now accepting applications through Ukraine Invest. Black Iron's management and legal counsel are currently reviewing the legislation updates with the plan to resubmit the Investment Agreement application and supporting documentation as soon as possible. This is very important legislation in support of Black Iron because it provides: Government land transfer at preferred lease rates - critical for construction of Black Iron's processing plant, tailings and waste dumps Locks in current tax and royalty rates over the 15 year term of the Investment Agreement, to not increase future rates but allows Black Iron investors to ben...

Pampa Metals Corp. has upsized the non-brokered private placement announced on 28 March 2024 to 8,333,334 units at a price of $0.24 per Unit for gross proceeds of $2,000,000 . Each Unit will consist of one fully paid common share and a half purchase warrant. Each whole warrant shall entitle the holder to acquire an additional common share at a price of $0.40 for a period of 3 years after the closing of the Placement. The Placement has been upsized to accommodate a specialist resources fund alongside insiders and supportive long-term shareholders. Proceeds will fund continuing exploration at the Piuquenes Copper-Gold Porphyry Project, where the Company recently reported results from the first drillhole including: 422 m @ 0.48% Cu, 0.61 g/t Au & 2.9 g/t Ag * ; including 132 m @...

Pan American Silver Corp. releases results from the ongoing infill and geotechnical drill program at its La Colorada Skarn project in Zacatecas, Mexico . Eight new drill holes totaling 8,101 metres returned additional wide intercepts from the 902 mineralized zone of the western part of the La Colorada Skarn. Drill hole U-121-22 returned the highest-grade interval to date with 22.50 metres at 1,435 g/t Ag, 31.93% Pb and 20.49% Zn. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240407764983/en/ La Colorada Skarn Plan View "The 902 zone at the La Colorada Skarn continues to return long intercepts in multiple drill holes, with the most recent drill holes returning some of the highest grade intercepts since we discovered the La Color...

Ivanhoe Electric President and Chief Executive Officer Taylor Melvin is pleased to announce that Lara Sims will join the Company as the Vice President, Health and Safety commencing April 8th, 2024. Ms. Sims is an experienced leader with over 20 years in the mining industry developing and managing Health and Safety strategies for several large-scale mining operations across the United States. Ms. Sims specializes in Health and Safety Standards, Staff Management, Loss Prevention, and Strategic Continuous Improvements. Prior to joining Ivanhoe Electric, Ms. Sims established Sims 360, a consulting business based in Yerington, Nevada, focused on building and implementing adaptive Health and Safety frameworks for over twenty mines in the United States. Her previous work experience includes time ...

Lithium Universe provides a strategic update on addressing the gap in lithium conversion capacity and enhancing the North American supply chain. North America anticipates a surge in battery manufacturing, with over 20 major manufacturers planning to deploy an estimated 1,000GW of battery capacity. Canada has ascended to the top spot in Bloomberg NEF's Global Lithium-Ion Battery Supply Chain Ranking, signalling its emergence as a significant global supplier of battery materials. However, bridging the gap between the growing supply of lithium ore and the increasing demand for highly processed lithium carbon

The Yinhawangka Aboriginal Corporation and Rio Tinto have collaborated to design a new program aimed at protecting and preserving Yinhawangka culture and supporting a strong, healthy and connected Yinhawangka People. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240407629590/en/ The 'Living Cultures Program' will deliver projects to record, preserve and transfer cultural knowledge. This includes language, living history and heritage, women's business, arts and culture, songlines and traditional stories. The partnership also aims to increase local economic development opportunities, improve social and emotional wellbeing for community, enhance cultural land management by Yinhawangka and develop and deliver cultural awareness tra...

Transaction in Own Shares Ecora Resources PLC announces that on 5 April 2024, it purchased 388,920 ordinary shares of 2p each in the Company on the London Stock Exchange through Peel Hunt LLP, in accordance with the terms of its share buyback programme announced on 27 March 2024 . The shares acquired will be held in treasury. Date of purchase: 5 April 2024 Aggregate number of ordinary shares purchased: 388,920 Lowest price paid per share : 79.50 Highest price paid per share : 80.10 Volume weighted average price paid per share : 79,84 Following the purchase, the Company will have 261,732,553 ordinary shares of 2p each in issue, of which 5,663,072 ordinary shares are held in treasury. Therefore, the total number of ordinary shares carrying voting rights will be 256,069,481. The...

Karora Resources and Westgold Resources have agreed to combine in a merger pursuant to which Westgold will acquire 100% of the issued and outstanding common shares of Karora by way of a statutory plan of arrangement under the Canada Business Corporations Act. Transaction Highlights: Karora shareholders will receive 2.5241 Westgold fully paid ordinary shares, A$0.68 in cash and 0.30 of a share in a new company to be spun-out from Karora for each Karora Share held at the closing of the Transaction. The Offer Consideration represents approximately A$6.60 per Karora Share based on Westgold's closing share price on the ASX of A$2.28 on 5 April 2024. SpinCo's assets will comprise Karora's existing 22.1% interest in Kali Metals Limited , a 1% lithium roy...

Perseus Mining refers to its off-market takeover bid under Chapter 6 of the Australian Corporations Act for all the current and to be issued ordinary shares in OreCorp Limited. As at April 5, Perseus has a relevant interest in 239,542,398 OreCorp Shares representing 51.03% of OreCorp Shares on issue. As such, Perseus has declared that the Offer is now: unconditional; and best and final in the absence of a competing proposal. OreCorp Shareholders should Accept the Offer now in respect of Your OreCorp Shares. Proposed OreCorp Board Changes Perseus refers to OreCorp's announcement today noting that OreCorp is actively working with Perseus to transition the OreCorp Board and management team. Perseus appreciates the collaborativ...

Rio Tinto has appointed Bold Baatar to the role of Chief Commercial Officer, to lead the Group's commercial and business development activities globally. Bold will succeed Alf Barrios as Chief Commercial Officer, following his decision to retire from Rio Tinto. Bold, who is currently Chief Executive Copper, will take on accountability for business development immediately, and will relocate to Singapore to take up the role of Chief Commercial Officer on 1 September 2024. His successor as Chief Executive Copper will be announced in due course. In order to ensure a smooth transition, Alf will continue in his role as Chief Commercial Officer until the end of August, and thereafter as Chair for China, Japan and Korea, and Executive Committee member, until his retirement at the end of 2024. In h...

CV13 Pegmatite Best drill hole of 2023 program at the CV13 Spodumene Pegmatite. 28.7 m at 1.49% Li2O, including 20.4 m at 2.03% Li2O. Represents new zone at shallow depth along the pegmatite's eastern arm. Represents area of significant pegmatite stacking. Continued strong assays from western arm at CV13. 20.2 m at 1.16% Li2O, including 15.4 m at 1.49% Li2O. Through 2023, the CV13 Spodumene Pegmatite has been traced by drilling over an approximate 2.3 km strike length and remains open along strike at both ends and to depth. Core assay results are reported herein for the remaining 20 drill holes completed in 2023 at CV13. An updated mineral resource estimate for the Corvette Project, including both the CV5 and CV13 spodumene pegmatites, is plan...