Aris Mining Corp. announces financial and operating results for the three and twelve months ended December 31, 2023 . All amounts are in US dollars unless otherwise indicated. Q4 2023 FY 2023 Gold Production 61,052 ounces 226,151 ounces Segovia Operations AISC/oz1 $1,264 $1,173 EBITDA1 $19.7M $112.1M Adjusted EBITDA1 $39.7M $159.4M Net earnings or /share $11.4M or $0.08/share Adjusted earnings1 $11.8M or $0.09/share $52.2M or $0.38/share Aris Mining CEO Neil Woodyer stated: "In 2023, we restructured the operations team and introduced new operating procedures following the combination of GCM Mining and Aris Gold in September 2022. The new team achieved consistent quarter-over-quarter increases in gold production during 2023, significantly enhancing our position in 2024 and the...

7 March 2024 / TheNewswire / Victoria, Australia / Jervois Global Ltd. advises it has implemented further cost reductions across its business in response to adverse cobalt market conditions caused by Chinese overproduction and its impact on pricing. Jervois has reduced senior corporate management roles, with 30% of positions made redundant or part-time. Jervois thanks affected individuals for their contributions and for those transitioning to part-time, their flexibility. Jervois Non-Executive Directors will also reduce their fees by 30%, effective 1 February 2024. No awards under the Company's Short Term Incentive Plan will be made to the Chief Executive Officer, executive and corporate management team. Jervois has also frozen annual salary increases for 2024 across the corp...

MEG Energy Corp. announces today that the Toronto Stock Exchange has approved the renewal of the Corporation's normal course issuer bid . Pursuant to the Bid, MEG will purchase for cancellation, from time to time, as it considers advisable, up to a maximum of 24,007,526 common shares of the Corporation. The Bid will become effective on March 11, 2024 and will terminate on March 10, 2025 or such earlier time as the Bid is completed or terminated at the option of MEG. MEG's intention to continue its share buyback program is consistent with the Corporation's capital allocation strategy which includes enhancing shareholder returns through share buybacks and continued debt reduction. MEG believes there are times when the market price of its common shares may not fully reflect the ...

Consolidated Q4 2023 Highlights: Operating loss of $67.4 million versus operating profit of $15.5 million in 2022 Includes non-cash asset impairment charge of $65.9 million triggered by significant unplanned outage at the power plant served by the Red Hills Mine Net loss of $44.0 million compared with net income of $13.8 million in 2022 Adjusted EBITDA of $7.1 million, which excludes the asset impairment charge, versus $23.6 million in 2022 2024 Consolidated Outlook Expect to report positive full-year net income compared with substantial 2023 loss NACCO Industries® today announced the following consolidated results for the three months and year ended December 31, 2023. Comparisons in this news release are to the three months and year ended December 31, 2022, unless otherwise noted. Three M...

Freegold Ventures Ltd. , is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. , in connection with a proposed best efforts private placement financing for total proceeds of a minimum of $5.0 million and up to a maximum of $7.5 million, consisting of a minimum of 12,500,000 units and up to a maximum of 18,750,000 units of the Company at a price of $0.40 per Unit. Each Unit will be comprised of one common share and one half of one Common Share purchase warrant of Freegold Ventures. Each whole Common Share purchase warrant will be exercisable for 2 years from the Closing Date at an exercise price of $0.52 per Common Share. The net proceeds from the Offering will be used for general corporate and working capital purposes. The Units will be offere...

This notice is given by Xanadu Mines Ltd. under section 708A of the Corporations Act 2001 . Xanadu Mines advises that on 4 March 2024, it issued 15,185,328 fully paid ordinary shares at a price of $0.055 per share, to Jinping Mining Pte Ltd pursuant to a Share subscription agreement signed on 8 December 2023 . Xanadu Mines advises that: the New Shares were issued without disclosure under Part 6D.2 of the Act; this notice is being given under section 708A of the Act; as at the date of this notice, Xanadu Mines has complied with: the provisions of Chapter 2M of the Act as they apply to Xanadu Mines; and sections 674 and 674A of the Act as they apply to Xanadu Mines; and as at the date of this notice, there is no excluded information of the type referred to in sections 708A or 70...

Eric Sprott announces that today, 2176423 Ontario Ltd., a corporation which is beneficially owned by him, purchased 50,000 common shares of Jaguar Mining Inc. over the Toronto Stock Exchange at a price of approximately $1.99 per share for aggregate consideration of approximately $99,920.00. The acquired Shares were purchased in reliance on the normal course purchase exemption from the formal take-over bid requirements set out in Section 4.1 of National Instrument 62-104 - Take-Over Bids and Issuer Bids . Such Shares do not represent more than 5% of the outstanding Shares, and the aggregate number of Shares acquired in reliance on this exemption with any joint actors within the last 12 months does not exceed 5% of the Shares outstanding at the beginning of the 12-month period. ...

Xanadu Mines Ltd. is pleased to update on metallurgical testwork for the Kharmagtai Project in Mongolia, being developed with the Company's joint venture partner Zijin Mining Group Co. Ltd.. . Oxide leach recovery results demonstrate material progress towards one of the multiple uplift scenarios defined in the Kharmagtai Scoping Study1, with value add likely; reducing mining strip and generating earlier operating cashflows for the Kharmagtai Pre-Feasibility Study , in addition to sulphide flotation processing of the main mineralised orebody. Upscaled column leach tests, as well as heap leach engineering design work are in progress. Highlights Recent column leaching tests completed on the mineralised oxide portion of the Kharmagtai Mineral Resource Estimate deliver...

Intrepid Potash Inc. today reports its financial results for the fourth quarter and full-year of 2023. Key Financial & Operational Highlights for the Fourth Quarter and Full-Year 2023 Total sales of $56.7 million in the fourth quarter and $279.1 million for the full-year 2023. Net loss of $37.3 million and $35.7 million in the fourth quarter and full-year 2023, respectively, and an adjusted net loss of $5.2 million and $3.0 million, respectively. Included in the GAAP net loss figures are non-cash impairment charges of $42.8 million in the fourth quarter of 2023 and $43.3 million for the full-year 2023. Adjusted EBITDA of $7.1 million for the fourth quarter, bringing our full-year 2023 adjusted EBITDA to $41.6 million. Cash flow from operations of $4.6 million in the fourth qu...

Westward Gold is pleased to announce that it is upsizing its previously-announced non-brokered private placement, and now intends to issue up to 18,750,000 units at a price of C$0.08 per Unit, for aggregate gross proceeds to the Company of up to C$1,500,000. Each Unit will be comprised of one common share of the Company and one common share purchase warrant. Each Warrant will entitle the holder thereof to purchase one Common Share of the Company at a price of C$0.12 for a period of 24 months following the closing date of the Offering. Andrew Nelson, Chief Financial Officer, commented: "We're quite pleased with the demand we've been seeing and would like to thank all of our new and long-time shareholders for their support of Westward and o...

March 6, 2024 / TheNewswire / Vancouver, B.C., Canada; Belmont Resources Ltd. is pleased to announce that further to its press release dated March 1, 2024, the Company has received TSX Venture Exchange and has closed its financing for aggregate gross proceeds of $368,000. 9,200,000 common shares have been issued at $0.04 having a hold period expiring July 7, 2024. Warrants were not attached. The investor is non-arm's length to the Company as Patrick Brandl, a director of the Company, also sits on the Supervisory Board of the investor. As such, this transaction constitutes a "related party transaction" as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions . Such participation is exempt from the formal valuation and minority sharehold...

CoTec Holdings Corp. announces that the Company has granted 66,667 deferred share units to a non-executive director of the Company. Furthermore, the Company granted 53,333 restricted share units to an advisor to the Board of Directors. The DSU's and RSU's have been granted under and are governed by the terms of the Company's Omnibus Equity Incentive Plan and are subject to the policies of the TSX Venture Exchange. About CoTec CoTec is a publicly traded investment issuer listed on the Toronto Venture Stock Exchange and the OTCQB and trades under the symbol CTH and CTHCF respectively. The Company is an environment, social, and governance -focused company investing in innovative technologies that have the potential to fundamentally change the way metals and minerals can be extra...

Crestview Exploration Inc. is pleased to announce the settlement of certain debts owed by the Company by the issuance of securities, subject to Canadian Securities Exchange approval. The Company will issue securities to certain directors, officers and vendors of the Company in lieu of paying cash that is owed to these individuals . Pursuant to the Securities for Debt transaction and subject to Canadian Securities Exchange approval, an aggregate of 1,845,000 units will be issued as follows: 1,285,000 units to three directors and one former director of the Company in lieu of paying director fees that were accrued by these individuals for their services rendered as a director of the Company.; 500,000 units to Andreas Becker as repayment of his unsecured loan to the Company of $2...