Snowline Gold Corp. is pleased to announce discovery of a new reduced-intrusion related gold system target 12 km from its Valley discovery on its Rogue Project. Analytical results received from the 2023 surface exploration program at the Company's new Aurelius target reveal an open, 2,000 m long by up to 500 m wide zone of anomalous gold values in talus fines and soils, with concentrations of u...

Raiden Resources Ltd. is pleased to provide an operational project update on the Zlatusha Joint Venture in Bulgaria. Highlights - Under the previously announced joint venture agreement Velocity Minerals have completed a permit wide targeting exercise over the Zlatusha Project throughout 2023. The work completed to date included: o Detailed mapping of key target areas o Collection and analysis of 1,800 soil samples o Collection and analysis of 660 rock samples o Completion of a 4,500-station ground radiometric survey o Completion and processing of a property-wide 2,400 line-km drone magnetic survey - On basis of this work Velocity is planning for a 3,000 metre diamond drilling campaign in Q2 '24 Mr Dusko Ljubojevic, Managing Director of Raiden commented: "We are pleased with t...

Tsodilo Resources Ltd. is pleased to announce that the date for the Respondents to file an appeal to the judgement rendered on December 15, 2023, in the High Court, Republic of Botswana In re Gcwihaba Resources Ltd. vs. Minister of Minerals and Energy and the Attorney General of Botswana, MAHMN-000075-22, lapsed on February 15, 2024. Prospecting Licenses PL020-024/2018, were collected from the Department of Mines on February 19, 2023. An examination of the licenses revealed several discrepancies or disparities that need to be addressed and DOM will be engaged to affect the needed changes. Upon resolution of the issues, the Company will withdraw its Contempt Motion filed on January 23, 2024, See, Tsodilo Resources Ltd. - News Releases. Tsodilo's Chairman and CEO,...

North American lithium producer Sayona Mining Ltd. announced today a Definitive Feasibility Study that demonstrates the value of its Moblan Lithium Project, forming the centrepiece of the Company's Eeyou Istchee James Bay Hub in northern Quebec, Canada. Moblan is owned 60% by Sayona and 40% by Investissement Quebec. Key Points: - Annual production rate of 300ktpa spodumene concentrate over 21-year Life of Mine via open pit mining at rate of 1.8Mtpa, based on Ore Reserves estimate of 34.5Mt at grade of 1.36% Li2O - Process plant feed rate at 4,800 tonnes per day ; average LOM recovery of 74.7%; spodumene concentrate grade at 6% Li2O - Post-tax NPV of C$2.2 billion; net cash flow of C$6.0 billion from LOM net revenues of C$14.4 billion; post-tax IRR of 34.4% and payback of 2.3 ...

Cohiba Minerals Ltd. is pleased to announce a further capital raising of $850,000 from professional and sophisticated investors . The issue price for the Placement will be on the same terms as the recent placement, being $0.0012 per share. The Company will issue 708,333,333 fully paid ordinary shares pursuant to the Placement with 538,000,000 Shares issued in accordance with the Company's placement capacity under ASX Rule 7.1 and the remaining 170,333,333 Shares being subject to shareholder approval at an extraordinary general meeting to be held over the coming months . Participants in the Placement will receive one free attaching option for every two new Shares issued with the options exercisable at $0.003 and expiring 3 years from the issue date . The issue of the Placement...

Osino Resources Corp. announces that it has received a proposal from a foreign-based mining company for the acquisition of all of the issued and outstanding common shares of the Company and all of the issued and outstanding securities convertible into Common Shares for cash consideration of C$1.90 for each Common Share by way of a plan of arrangement . The Board of Directors of the Company has unanimously determined, after consultation with its financial and legal advisors, and based upon the unanimous recommendation of the special committee of the Board, that the New Offer constitutes a "Superior Proposal" in accordance with the terms of the arrangement agreement between the Company and Dundee Precious Metals Inc. dated December 17, 2023, . Superior Proposal Key...

CNX Resources Corp. today announced the final results and expiration of its previously announced cash tender offer to purchase any and all of the $350 million aggregate principal amount outstanding of its 7.250% Senior Notes due 2027 . As of 5:00 p.m., New York City time, on February 16, 2024, the expiration time for the Tender Offer , CNX had received tenders for an aggregate principal amount of $312,227,000 of the outstanding 2027 Notes, or 89.21% of the aggregate principal amount of 2027 Notes outstanding. These amounts exclude any 2027 Notes that may be tendered pursuant to the guaranteed delivery procedures described in the Offer to Purchase and the Notice of Guaranteed Delivery . The Tender Offer was made pursuant to the terms and conditions contained in the Offer to Pur...

St-Georges Eco-Mining is pleased to announce that a satisfactory out-of-court settlement was reached with BWA Group. The settlement will result in the termination of the legal proceeding initiated in Québec against St-Georges by BWA Group; the counter-legal proceedings introduced in Québec by St-Georges against Kings of the North and BWA Group jointly; and the legal proceedings in the High Court of Justice of England and Wales in the United Kingdom by St-Georges against BWA Group. All the parties will be responsible for their respective legal fees in these matters. Kings of the North, wholly owned by BWA Group since its acquisition from St-Georges in September 2019, will be solely responsible for the royalties and other regulatory oblig...

Alcoa Corp. announced today that William F. Oplinger, President and Chief Executive Officer, will present at the BMO Global Metals, Mining & Critical Minerals Conference in Hollywood, Florida on February 27, 2024. At 9:30 a.m. EST, Oplinger will deliver a presentation regarding Alcoa's business, market conditions, and outlook in the current market, including factors that could affect the Company's present quarter's financial results. His presentation will be followed by a brief question-and-answer session. A slide presentation, which will be used in connection with February conferences and investor meetings, will be on the "Investors" section of the Company's website at www.alcoa.com on Monday, February 26, 2024. A live audio webcast of the session will be available on the "In...

Horizonte announces preliminary Cost-to-Complete estimate and achievable schedule for Araguaia Line 1 Estimate prepared by specialized mining construction and engineering firm G Mining Services Graham Crew appointed as interim Chief Operating Officer Actively engaging existing and new potential investors on a full financing solution Horizonte Minerals Plc announces the preliminary results of a review of the Cost-to-Complete estimate and schedule for its 100%-owned Araguaia Nickel Project . The preliminary results of the review indicate that the estimated capital required to complete the construction of Araguaia, commission the project and deliver first metal is approximately US$454 million. As a result, the Estimate at Completion currently stands at US$1,004 million, approxim...

Reserve report 2024: Value of oil and gas reserves increases despite record production in the previous year and sale of Utah assets • Producing reserves increase by 28% • USD 386 million present value of proved reserves • USD 687 million future net cash flow from proved reserves Deutsche Rohstoff AG today published the results of its annual oil & gas reserve reports. Independent reserve auditors calculate the volume and future cash flows of the reserves. The reserve values are calculated using the oil price and natural gas forward curve as of 31 December 2023. The average WTI according to the forward curve at the end of 2023 over the next 5 years USD 66/barrel . Thanks to high investments and the associated strong growth in recent years, reserves have continued...

London, 19 February 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: 16 February 2024 Aggregate number of ordinary shares of USD 0.01 each purchased: 3,045 Lowest price paid per share : 1,284.00 Highest price paid per share : 1,297.00 Volume weighted average price paid per share : 1,290.42 Following the cancellation of the repurchased shares, the Company will have no ordinary shares in treasury and 245,324,609 ordinary shares in issue. Therefore the total voting rights in the Company will be 245,324,609. This figure for the total number of voting rights may be used by shareholders as the denominator for the calculations by which the...

Lucara Diamond is pleased to announce that it has entered into a new diamond sales agreement with HB Group out of Antwerp, Belgium, in respect of all qualifying diamonds produced in excess of 10.8 carats in size from its 100% owned Karowe Diamond Mine in Botswana. Under the terms of the 10-year NDSA with HB, the purchase price paid for Lucara's +10.8 carat rough diamonds shall be based on the mutual agreement of the estimated polished outcome, determined through state-of-the-art scanning and planning technology, together with external benchmarks and more than a decade of Lucara's special stone sales data. A further sales value uplift will be paid to Lucara based on actual achieved polished sales thereafter, less a fixed margin payable to HB. Th...