First Quantum Minerals Ltd. announces preliminary production for the three months and year ended December 31, 2023, guidance for production, capital expenditures and costs for the years 2024 to 2026 and an update on balance sheet initiatives. "With the suspension of production at Cobre Panama, we are taking decisive action to conserve capital, lower costs and strengthen our financial position. This will enable the continued development of the Kansanshi S3 Expansion, which will further strengthen our cash flows when commissioned next year. In parallel, we are advancing several initiatives to give us optionality and flexibility in respect to our balance sheet," commented Tristan Pascall, Chief Executive Officer of First Quantum. "We remain committed to Zambia with the improved i...

Sama Resources is announcing that it has, further to its news release dated December 29, 2023, retained Independent Trading Group to provide market making services in accordance with TSX Venture Exchange policies. ITG will trade the securities of the Company on the TSXV for the purpose of maintaining an orderly market. In consideration of the services provided by ITG, the Company will pay ITG a monthly fee of $5,000 from the Company's available cash for a minimum term of one month and renewable for successive one-month terms thereafter. Either Party may terminate the arrangement by providing written notice to that effect 30 days prior to the end of the then current term. The services provided by ITG commenced on August 21, 2023. The ...

Wesdome Gold Mines Ltd. today announces fourth quarter and full year 2023 production results. The Company is also providing multi-year production and operating guidance, as well as a management update. All figures are in Canadian dollars unless otherwise stated. Q4 and 2023 Production Performance Q4 2023 Q4 2022 FY 2023 FY 2022 Ore milled Eagle River 54,669 58,306 228,777 246,887 Kiena 49,649 51,419 191,148 115,171 Head grade Eagle River 14.1 14.0 12.4 10.7 Kiena 7.7 5.9 5.9 7.9 Gold production Eagle River 24,072 25,502 87,799 82,002 Kiena 12,144 9,614 35,536 28,848 Total Gold production 36,216 35,116 123,335 110,850 Production sold 37,620 31,500 126,620 113,000 Anthea Bath, President and CEO of Wesdome, commented: "Reflecting on 2023, it was a year with significant change. I ...

Kinross Gold Corp. will release its 2023 fourth-quarter and full-year financial statements and operating results on Wednesday, February 14, 2024, after market close. The Company will also provide its full-year 2024 guidance, mineral reserve, and mineral resource statement as of December 31, 2023, and an exploration and project update. Kinross will hold a conference call and audio webcast on Thursday, February 15, 2024, at 8 a.m. ET to present the results, followed by a question-and-answer session. The call-in numbers for the conference call on Thursday, February 15, 2024, at 8 a.m. ET are as follows: Canada & US toll-free - +1 330-2446; Passcode: 4915537 Outside of Canada & US - +1 789-2732; Passcode: 4915537 Replay : Canada & US toll-free - +1 770-2030; Passcode: 4915537 Outsid...

Dampier Salt Limited has entered into a sales agreement for the Lake MacLeod salt and gypsum operation in Carnarvon, Western Australia, with privately-owned salt company Leichhardt Industrials Group for A$375 million . Completion of the sale is conditional on certain commercial and regulatory conditions being satisfied, and this is expected to occur by the end of the year. Rio Tinto's Managing Director Port, Rail & Core Services, Richard Cohen, said "The sale of Lake MacLeod will enable Dampier Salt to focus on enhancing operational efficiencies at its remaining two Pilbara operations, while allowing the new owner of Lake MacLeod to maximise its potential. "Until the completion of the sale, the Dampier Salt leadership team's focus will be on safety, delivering on plan, and maintaining resp...

Quantum Battery Metals Corp. will look to acquire additional properties to expand on its portfolio to help address the world's shortage in technology metals. There is an increasing demand for metals as the world is transitioning to a low-carbon economy and global conflicts continue to arise that require massive amounts of metals for producing batteries, clean energy technologies, and national defense applications. The Company believes in stable region metals and will continue to expand its portfolio in Canada, one of the most sure handed mining jurisdictions in the world. The Company's initial projects are located on the east coast of Canada which have advantageous tax benefits and development prospects. Tech Metals are increasingly in demand for infrastructure development, r...

Rio Tinto Chief Executive Jakob Stausholm said: "We were fatality free for the fifth consecutive year at our managed operations but we remain vigilant and continue to learn from safety incidents. The Group's total copper equivalent production increased by just over 3% from 2022, reflecting the Gudai-Darri mine in the Pilbara reaching its nameplate capacity and deployment of our Safe Production System. We also benefited from our increased ownership in Oyu Tolgoi as the underground ramps up and the Kitimat aluminium smelter returned to full capacity. "We made real progress in shaping our portfolio for the future, entering the recycled aluminium market in North America and progressing the world class Simandou iron ore project in Guinea. We have one of the most exciting exploration pipelines i...

West High Yield Resources Ltd. is pleased to provide an update on the progress of its permit application for its Record Ridge Industrial Mineral Mine and to invite investors and other interested parties to join an upcoming interview with Market Radius Research. Following the Company's October 25, 2023 press release announcing the submission of the RRIMM amended permit application , the Company participated in the next step of the Application by meeting with the Mine Development Review Committee committee on December 6, 2023. At this meeting, the Company provided MDRS with an update and answered questions regarding the Amended Permit Application and a corresponding socio-economic report thereon. The MDRC committee chair, after having received the Company's submissions at the D...

Olive Resource Capital Inc. announces today that it has received approval to undertake, at the Company's discretion, a normal course issuer bid program to purchase up to 10,153,620 of its common shares . The Company is commencing the Bid because it believes that from time to time the market price of its common shares may not fully reflect the underlying value of the Company's business, and that the repurchase of its common shares at those times would be in the best interests of its shareholders. As of the date hereof, the Company has 109,174,709 common shares issued and outstanding. The maximum number of common shares that may be purchased by the Company under the Bid represents approximately 10% of the Company's "Public Float" . The Bid will commence on January 18, 2024, and...

Velox Energy Materials Inc. is pleased to announce that it has, pursuant to its Stock Option Plan granted options over 6 million new common shares in the Company , representing approximately 2.4 percent of the existing issued share capital of the Company, to certain Directors and employees to subscribe for new Common Shares at an exercise price of $0.05 with a life to expiry of 5 years from 12 January 2024 with an immediate vesting period . The New Options are outlined in the table below: Designation New Options granted Exercise price of New Options Expiry date of New Options Simon Coyle CEO & President 4,000,000 $0.05 12 January 2029 Mark Connelly Director 2,000,000 $0.05 12 January 2029 About Velox Energy Materials Velox Energy Materials is a publicly traded energy material...

Riverside Resources Inc. is proud to outline its 2024 milestones and highlights from the past year. The Company continues to advance its 100% owned portfolio leveraging its proprietary databases, exploration expertise, and on-the-ground knowledge to identify, stake, or acquire high-quality prospects. Riverside has over C$6,000,000 in cash, zero debt, no warrant overhang, and a tight share structure with fewer than 75,000,000 shares outstanding. Positioned with a strong balance sheet, Riverside is well-prepared to capitalize on opportunities in 2024. Riverside's President and CEO, John-Mark Staude, stated: "We are in a good position for the New Year with a strong balance sheet, excellent projects and the key transactions that Riverside completed in 2023, setting us up now for ...

Beauce Gold Fields is delighted to extend an invitation to its shareholders for the upcoming annual general assembly. At the conclusion of the meeting, Patrick Levasseur, President and CEO, will present the Company's significant findings to date and provide insights into the macroeconomic perspective on gold, market trends, and the potential consequences of a substantial increase in interest rates. Patrick Levasseur, President and CEO of Beauce Gold Fields, has expressed enthusiasm about the opportunity to engage with shareholders face-to-face. He intends to discuss the promising results from recent drilling efforts, which have revealed a structure that may be a key contributor to the historical gold placers found in Saint-Simon-les-Mines. Additiona...

Cartier Silver Corp. is pleased to report that through its Bolivian subsidiary, Minera Cartier Bolivia S.R.L. , it has acquired 30% of the capital quotas of Empresa Minera Gonalbert S.R.L. and Empresa Minera Segovia S.R.L. , who are the registered title holders of two separate properties, the Gonalbert Mining Area and Felicidad Mining Area, both part of the Company's Chorrillos Project, located in Southern Bolivia. The Acquisition was completed pursuant to the definitive acquisition agreement entered into between Cartier Bolivia and the Vendors dated December 12, 2022, whereby Cartier Bolivia completed staged payments aggregating US$300,000 as consideration for 30% of the Vendors' capital quotas. As per the Agreement, Cartier Bolivia can acquire 100% of the Vendors' capital q...