First Quantum Minerals Ltd. today reports results for the three months ended December 31, 2023 of a net loss attributable to shareholders of the Company of $1,447 million and an adjusted loss1 of $259 million . For the year ended December 31, 2023, the Company reported a net loss attributable to shareholders of the Company of $954 million and adjusted earnings1 of $261 million . "2023 closed with the Company facing one of its biggest challenges in recent history. However, I am confident in the resilience of First Quantum and the determination of our teams to work through these challenges. The Company continues to take a proactive approach to managing its balance sheet and addressing its liquidity in a fulsome and disciplined manner. As a continuation of these efforts, it is pl...

Alamos Gold Inc. today reported its updated Mineral Reserves and Resources as of December 31, 2023. For a detailed summary by asset, refer to the tables below. Highlights Global Proven and Probable Mineral Reserves increased 2% to 10.7 million ounces of gold grading 1.65 grams per tonne of gold ), with grades increasing 1%, reflecting higher-grade additions at Island Gold and Puerto Del Aire , and growth at Lynn Lake. Mineral Reserve additions more than replaced depletion at a rate of 132% Island Gold's Mineral Reserves increased 18% to 1.7 million ounces , marking the 11th consecutive year of growth PDA's Mineral Reserves increased 33% to 1.0 million ounces with a 16% increase in grades Lynn Lake's Mineral Reserves increased 13% to 2.3 million ounces Island Gold's Mineral Res...

Generation Mining Ltd. announces that the Company will be hosting 1x1s and corporate presentations at several in-person conferences over the next two weeks including: BMO Global Metals, Mining & Critical Minerals Conference 2024 being held in Hollywood, FL February 25, 2024 to February 28, 2024; Red Cloud's Pre-PDAC 2024 Mining Showcase being held in Toronto, ON February 29, 2024 to March 1, 2024; and PDAC 2024: The World's Premier Mineral Exploration & Mining Convention being held in Toronto, ON March 3, 2024 to March 6, 2024. For those of you planning to attend the PDAC, we encourage you to visit us at Booth 2724 in the Investors Exchange. About Generation Mining Limited Gen Mining's focus is the development of the Marathon Project, a large undeveloped palladium-copper depo...

Venerable Ventures Ltd. announces that following discussions with Kapoose Creek Bio Corporation it has agreed that it will not proceed with the proposed acquisition of Kapoose as previously announced on November 1, 2021. The Company is pleased with the significant advancements made by Kapoose to expand and develop its research efforts but is not of the view that current market conditions will support completion of the Transaction at this time. The Company and Kapoose have agreed to terminate the definitive amalgamation agreement previously entered into, effective immediately. No funds were advanced by the Company to Kapoose in connection with the Transaction, and the Company has not assumed any contingent liabilities or guarantees arising from the Definitive Agreement. Follow...

NGEx Minerals Ltd. is pleased to announce that, further to its news release on February 14, 2024, its common shares have been approved for listing on the Toronto Stock Exchange and will begin trading at market open on February 22, 2024. Accordingly, the common shares of the Company will be delisted from the TSX Venture Exchange upon commencement of trading on the TSX. There will be no further trading on the TSX-V after the close of the market on February 21, 2024. View PDF Wojtek Wodzicki, President and CEO, commented, "We are pleased to graduate to the main board of the Toronto Stock Exchange as this marks another key milestone in the exciting growth of NGEx. As a significant marketplace for capital and premier exchange for resource-focused companies, the TSX will provide th...

Lucara Diamond reports its results for the year and quarter ended Dec 31, 2023. The recovery of a 1,080 carat Type IIA white gem quality diamond in August 2023, followed by a recovery of a 692 carat Type IIA diamond later in the month. The fourth +1000 carat stone recovered from the Karowe Mine. The Karowe Mine recorded record plant throughput of 2.8 million tonnes milled for the year. 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 ...

Raiden Resources Ltd. is pleased to update shareholders on the results of the Induced Polarisation orientation survey completed by First Quantum Minerals in December 2023, over the B2 Ni-Cu-PGE deposit area on the Mt Sholl Project. Highlights - First Quantum Minerals funded geophysical Induced Polarisation survey indicates mineralisation extends to depth east of the B2 deposit - The IP survey anomalies correlate with Raiden's modelled JORC Exploration Target mineralisation extensions1 - Anomalies defined through this survey have not been drill tested and represent a significant potential for definition of further mineralisation - IP data confirms 1km long Induced Polarisation chargeability anomaly, which correlates with modelled SW plunge of B2 mineralisation o Southern cross...

Ashley Gold announces a non-brokered private placement financing for aggregate proceeds of up to $150,000 to advance the Howie, Tabor-Sakoose, and Burnthut Properties and for general working capital. "We are looking to advance our properties with a drilling program and an Induced Polarization survey" commented CEO, Darcy Christian. "In addition, we will be permitting for drilling at Tabor and Sakoose as well as developing drill targets through a third-party interpretation and inversion of existing datasets." Financing Terms and Use of Proceeds The Offering is comprised of up to 3,000,000 units at a price of $0.05 per Unit for gross proceeds of up to $150,000. Each Unit is comprised of one common share and one-half of one common share purchase warrant , w...

Coeur Mining Inc. today reported year-end 2023 proven and probable reserves of 3.2 million ounces of gold and 243.9 million ounces of silver, net of depletion. Measured and indicated resources totaled 3.2 million ounces of gold, 196.3 million ounces of silver, 1,517 million pounds of zinc and 768.7 million pounds of lead, reflecting year-over-year increases for all metals driven by additions at Palmarejo, Rochester, Wharf and Silvertip. Inferred resources were 2.0 million ounces of gold, 92.5 million ounces of silver, 481.8 million pounds of zinc and 199.8 million pounds of lead, signifying year-over-year increases of approximately 14%, 32%, 27% and 20%, respectively. Key Highlights1 Rochester increased total reserve tonnage for second consecutive year, leading to a 23% increas...

TSX: SIL | NYSE American: SILV SilverCrest Metals Inc. is pleased to announce its 2024 guidance for the Company's Las Chispas Operation located in Sonora, Mexico. All amounts expressed in U.S. dollars, unless otherwise noted. N. Eric Fier, CEO, commented, "2023 marked a successful first year of commercial production with Las Chispas exceeding its inaugural sales guidance, leading to full repayment of our debt and a $54.4 million or 107% increase in treasury assets. Despite continued cost pressures we are proud to be delivering sales and cost guidance that is in line with our 2023 Technical Report . In 2024 we will continue to pursue capital allocation opportunities including exploration, share buybacks, and growth of our bullion holdings. Our new underground mining contractor...

Skyharbour Resources Ltd. is pleased to announce that partner company Tisdale Clean Energy Corp.'s crew and equipment has begun mobilization for its upcoming work program at the South Falcon East Uranium Project which hosts the Fraser Lakes B uranium deposit. The South Falcon East Project lies 18 km outside the edge of the Athabasca Basin, approximately 50 km east of the Key Lake uranium mill and former mine. Tisdale entered into an option agreement with Skyharbour that was finalized last year whereby Tisdale can earn up to a 75% interest in the South Falcon East project. Under the Option Agreement and assuming the 75% interest is earned, Tisdale will have issued Skyharbour 1,111,111 Tisdale shares upfront, and will fund exploration expenditures totaling CAD $10...

Wesdome Gold Mines Ltd. today announced additional drill results from the recently discovered Falcon 311 Zone hosted in volcanics west of the mine diorite at the Company's wholly-owned Eagle River Mine near Wawa, Ontario. Confirmation of continuity of the Falcon 311 Zone mineralization across mineable widths: Hole 857-E-24: 269.6 g/t Au over 2.3 m core length Including 1,261 g/t Au over 0.5 m Hole 857-E-16A: 53.0 g/t Au over 2.9 m core length Hole 857-E-04: 24.7 g/t Au over 2.0 m core length All assays capped at 125 g/t Au. True widths are estimated based on 3D model construction Ms. Anthea Bath, President and Chief Executive Officer commented: "Ongoing drilling continues to consistently expand the newly discovered Falcon 311 Zone and highlight the upside potential for growth ...

Rio Tinto has signed Australia's largest renewable power purchase agreement to date to supply its Gladstone operations in Queensland, agreeing to buy the majority of electricity from Windlab's planned 1.4GW Bungaban wind energy project. The agreement, which follows the announcement last month of a PPA for the Upper Calliope solar farm in Queensland, will make Rio Tinto the biggest industrial buyer of renewable power in Australia and is another major step in the work to repower the company's Gladstone production assets - Boyne aluminium smelter, Yarwun alumina refinery and Queensland Alumina refinery. Under the new PPA with Windlab, Rio Tinto will buy 80% of all power generated from the Bungaban wind energy project over 25 years. The project, which is currently in early development, will be...