Canada Nickel Company Inc. today announced that it has closed a secured loan facility with Auramet International, Inc. of US$15 million previously announced on June 24, 2024. The loan is due January 9, 2025, carries an interest rate of 1.00% per month, and is subject to a 2.5% arrangement fee. At closing, Auramet also received 750,000 1-year warrants with a strike price of $1.42 per common share. The loan is subject to such terms and conditions including certain specified positive and negative covenants that are customary for a transaction of this nature. The warrants and the underlying shares are subject to a four month hold period under applicable Canadian securities laws. The Company expects to use the proceeds from the loan for working capital purposes. About Auramet Aura...

TSX: GMIN OTCQX: GMINF All amounts are in USD unless stated otherwise G Mining shareholders overwhelmingly approved the combination with Reunion Gold The arrangement is expected to close on or around July 15th, 2024 The $50 million private placement with La Mancha and Franco-Nevada was also approved and is expected to close on or around July 12th, 2024 G Mining Ventures Corp. is pleased to announce that its shareholders have approved a special resolution authorizing the plan of arrangement with Reunion Gold Corporation , previously announced on April 22, 2024, at the annual general and special meeting of Shareholders held earlier today . Under the Arrangement, a new entity will be formed to hold and manage the combined business of GMIN and Reunion Gold, which, subject to the ...

Coeur Mining Inc. today announced that it will report its second quarter 2024 operational and financial results after the New York Stock Exchange closes for trading on Wednesday, August 7, 2024. The Company will be hosting a conference call at 11:00 a.m. Eastern Time on Thursday, August 8, 2024. Hosting the call will be Mitchell J. Krebs, Chairman, President and Chief Executive Officer of Coeur, who will be joined by Thomas S. Whelan, Senior Vice President and Chief Financial Officer, Michael "Mick" Routledge, Senior Vice President and Chief Operating Officer, Aoife McGrath, Senior Vice President of Exploration, and other members of management. A replay of the call will be available through August 15, 2024. Conference Call Details: U.S.: 560-2581 Canada: 669-9657 International:...

Gatos Silver Inc. today announced production results for the quarter and six months ended June 30, 2024 at its 70%-owned Cerro Los Gatos mine in Mexico. Dale Andres, CEO of Gatos Silver, commented: "In the second quarter of 2024 the CLG mine delivered strong operational results, with record zinc production and the sixth consecutive quarterly record for mill throughput. Silver equivalent production for the quarter was 3.88 million ounces, an increase of 18% from the second quarter of 2023, and we continue to track at the top end of 2024 guidance." "Our mine debottlenecking efforts delivered a mill throughput average of 3,240 tonnes per day, up 1% from the first quarter of 2024 and up 11% from the second quarter of 2023, as we advanced towards our medium-term targ...

Sego Resources Inc. has accepted the resignation of Sven Gollan from the board of directors of the Company. Mr. Gollan felt that he could not fulfill his duties as a director of Sego in the manner which he would like due to the extensive demands on his time as CEO of Teako Minerals Corp. Sven will maintain contact with Sego as a friend to and investor in the Company. The Board of Directors of Sego has appointed Mr. Paul McGroary to the board and welcomes his input. Mr. McGroary is an active director of Ontario based VMS Copper Zinc explorer Copper Lake Resources Ltd. Paul has broad business experience and over the last thirty years has been involved with a broad range of public and private companies spanning mining exploration, oil and marketing te...

Tantalex Lithium Resources Corp. , wishes to announce that the Ontario Securities Commission issued a failure-to-file cease trade order to the Corporation on July 8, 2024. The FFCTO is a result of the Corporation's failure to file its audited annual financial statements , management discussion and analysis and certificates of the Chief Executive Officer and Chief Financial Officer for the year ended February 29, 2024. The FFCTO prohibits the trading by any person of any securities of the Corporation in each jurisdiction in Canada in which the Corporation is a reporting issuer, including trades in the Corporation's securities made through the Canadian Securities Exchange , for as long as the FFCTO remains in effect. The FFCTO provides an exception for beneficial securityholder...

Westwater Resources Inc. an energy technology and battery-grade natural graphite development company, today announced it will hold a conference call to provide a business update to discuss recent progress and future plans on July 18, 2024, at 10:00 am eastern time. Conference call information related to this business update will be announced ahead of the call. About Westwater Resources, Inc. Westwater Resources is focused on developing battery-grade natural graphite products. The Company's primary project is the Kellyton Graphite Plant that is under construction in east-central Alabama. In addition, the Company's Coosa graphite deposit is the most advanced natural flake graphite deposit in the contiguous United States, which is located across 41,965 acres in Coosa County, Alab...

Barrick Gold Corp. - Barrick president and chief executive Mark Bristow said here today the need to guarantee the long-term viability of the Loulo-Gounkoto gold mining complex was of the utmost importance to ensure the Malian mining industry's sustainability and maintain its substantial contribution to the country's economy. Speaking to local media and stakeholders, Bristow noted that over the past 29 years Barrick had invested more than $10 billion in the Malian economy, with its mines accounting for between 5% and 10% of the country's gross domestic product annually. In the past year alone, Barrick has contributed more than a $1 billion to the Malian economy. "We continue to work constructively towards a global resolution of our differences and finding common ground on the ke...

Forum Energy Metals Corp. is pleased to announce that long-time Baker Lake community leader, Richard Aksawnee has accepted the new role as Manager of Nunavut Affairs. "We are excited to welcome Richard Aksawnee to the Forum team," affirmed Allison Rippin Armstrong, Vice President, Nunavut Affairs. "Richard's extensive experience and demonstrated leadership will help guide our engagement strategy, workforce development and community investment. This senior position will bring a focus to community priorities and perspectives during our exploration activities on our Aberdeen Uranium project near Baker Lake." "This role is my way of aligning my commitments, championing the environment and wildlife while pursuing opportunities for the community," stated Richard Aksawnee. "I believe...

Flying Nickel Mining Corp. announces that it has postponed its annual general and special meeting of shareholders originally scheduled for July 10, 2024 . The Meeting is postponed to July 23, 2024 at 10:30 a.m. at the offices of MLT Aikins LLP located at 2600 - 1066 West Hastings Street, Vancouver, British Columbia, V6E 3X1 Canada . The Meeting was called to, among other things, elect directors and to consider an arrangement transaction whereby Flying Nickel proposed to acquire all of the issued and outstanding shares of Nevada Vanadium Mining Corp. . Notwithstanding the Postponement, the record date for the determination of shareholders of Flying Nickel entitled to vote at the Meeting of May 24, 2024 shall remain unchanged. Any proxies previously submitted in advance of the ...

VANCOUVER, BC, July 9, 2024 /CNW/ - The following issues have been halted by CIRO Company: Macarthur Minerals Ltd. TSX-Venture Symbol: MMS All Issues: Yes Reason: Pending News Halt Time : 1:56 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization - Halts/Resumptions Contact For further information about CIRO's trading halt policy, please see Trading Halts & Timely Disclosure at www.iiroc.ca under the Markets tab. Please note that CIRO staff cannot pr...

Golden Horse Minerals Ltd. is pleased to announce that the Company has entered into agreements to vary the terms of two existing key agreements at the Bullfinch North lithium and gold project and the Hakes Find gold project. Enterprise Option Agreement The Company announced on January 8, 2024, that it had entered into a binding agreement to wholly acquire Enterprise Metals Ltd.'s Bullfinch North Tenement Option and Sale Agreement for the Bullfinch North lithium and gold project, located in the northern part of the Southern Cross Greenstone Belt . The Company has also acquired substantially the same terms and conditions with Nickgraph Pty Ltd directly as outlined in the Option Agreement . The Company assumed Enterprise's obligations relating to the Option Agreeme...

Ascot Resources Ltd. is pleased to announce that due to strong demand, it has increased the size of the previously announced public offering of flow-through units to 30,242,000 Flow-Through Units at a price of C$0.496 per Flow-Through Unit and of hard dollar units to 32,560,000 HD Units at a price of C$0.43 per HD Unit for gross proceeds of approximately C$29 million . In connection therewith, the Company has entered into an amended agreement with a syndicate of underwriters led by BMO Capital Markets and Desjardins Capital Markets . Each Offered Security shall consist of one common share of the Company and one common share purchase warrant of the Company . Each Warrant will entitle the holder to acquire one Share at a price of C$0.52 per Warrant Share for a period of 24 mont...