The Mosaic Company today announced that Jody Kuzenko, President and Chief Executive Officer of Torex Gold, has been elected to the company's board of directors, effective January 1, 2024. "Mosaic's board will benefit from Jody's extensive knowledge of mining as well as her deep understanding of the Canadian business and legal environments," said Gregory L. Ebel, Chairman of the Board of The Mosaic Company. "We are pleased to welcome her diverse experiences and counsel as a valuable addition to the Mosaic Board." Ms. Kuzenko joined Torex in 2018 as Chief Operating Officer and was named President and CEO in 2020. She has over 20 years of operational and business experience in mining industries, mainly at Vale . She holds a Bachelor of Laws degree from the Universi...

HIGHLIGHTS Subject to Toronto Stock Exchange approval, Liatam Mining Pty Ltd has agreed to further invest A$1.8 million to obtain 9,000,000 shares at A$0.20 per share in Novo to increase their shareholding from ~3% to ~6%. Liatam has exceeded the required spend of A$1.75 million to form the 80%/20% Quartz Hill Joint Venture with Novo in the East Pilbara, Western Australia. Liatam has acquired legal title to the tenements included in the Quartz Hill Joint Venture and becomes the manager of the joint venture, with Novo retaining 20% ownership of battery mineral rights along with 100% of the gold and silver rights on the tenements. The Quartz Hill Joint Venture tenements are considered prospective for lithium-caesium-tantalum style pegmatite mineralisation. Following the A$10 million transact...

Teck Resources Ltd. today announced the Carbon Capture Pilot Plant at its Trail Operations in southern British Columbia is now operating and successfully capturing carbon dioxide . "This is an important milestone as we advance our understanding of the potential of carbon capture technology to reduce emissions at our operations," said Jonathan Price, President & CEO. "This project is part of Teck's ongoing work to take action on climate change and achieve our long-term goal of net-zero operations by 2050." The Carbon Capture Pilot Plant separates CO2 from the Acid Plant flue gas at Trail Operations at a rate of one tonne per day and will operate through 2024 for testing and data collection purposes. Teck's Carbon Capture Utilization and Storage pilot project is also evaluating o...

E2Gold Inc. is pleased to announce that it closed its previously announced private placement pursuant to which it has issued an aggregate of 12,716,666 units at a price of $0.03 per Unit, to raise aggregate gross proceeds of $381,500. Each Unit is comprised of one common share of the Company and one Common Share purchase warrant ; with each whole Warrant exercisable to acquire one additional Common Share at a price of $0.05 for a period of 24 months from the date of issuance thereof. All securities issued and issuable pursuant to the Offering are subject to a statutory hold period expiring April 21, 2024. The Offering remains subject to the final approval of the TSX Venture Exchange. The Company intends to apply the gross proceeds from the Offering towards the exploration of ...

Pampa Metals Corp. is pleased to announce that it has issued 7,750,000 units at a price of $0.16 per Unit under the Non-Brokered Private Placement offering detailed in an December 19, 2023 News Release for gross proceeds of $1,240,000. Each Unit consists of one fully paid common share and a half share purchase warrant entitling the holder to acquire an additional common share at a price of $0.30 for a period of 3 years after the closing of the Offering. In connection with the Placement, the Company paid total cash commissions of $37,800 and issued 236,250 finder's warrants. Each finder's warrant is exercisable into a common share of the Company at an exercise price of $0.30 for a period of 3 years from the date of closing of the Offering. The Company anticipates closing the 2...

HIGHLIGHTS Novo has executed agreements with Calidus Resources Ltd. to divest its Nullagine Gold Project in the East Pilbara region of Western Australia on 20 December 2023, with completion occurring on 21 December 2023. Calidus has assumed all obligations, royalties, claims and liabilities relating to the Nullagine Gold Project, including the rehabilitation liability. Novo has received completion consideration of A$250,000 and has a right to receive a further A$5 million in deferred consideration subject to the achievement of a production milestone relating to the Nullagine Gold Project assets. Novo has revised the terms of its deferred consideration deed with IMC Holdings to restructure the obligation to pay the balance of the amounts owing under that arrangement over a pos...

Pampa Metals Corp. is pleased to advise that preparatory works for the follow-up diamond drill program designed to test the depth and lateral extension of known mineralization at Piuquenes are advancing, with camp setup and platform preparation nearing completion. Drilling is scheduled to commence in mid-January 2024, with assay results to follow shortly thereafter. Figures 1 & 2: Temporary Camp Installation and Drill Platform Preparation. Piuquenes December 2023. Piuquenes Porphyry Copper-Gold Project In November 2023, Pampa Metals assayed and re-logged Anglo-American's 2016 diamond borehole of 920.2 m length which had crossed the mineral zones previously drilled by Inmet Mining Corp. . These results were reported in a 5 December 2023 News Release and included: -...

P2 Gold Inc. provides an update on its activities. BAM Project Update Following the completion of the 2023 BAM Exploration Program, a review of all work completed on the project to date was undertaken by Company geologists and a leading expert in porphyry mineralization. The review, which included an analysis of all geological mapping, geophysics, sampling and drilling data, suggests that the gold mineralization at the Monarch Gold Zone is related to an intrusive distal to the zone and interpreted by the Company to be located to the north of the zone. An area of particular interest for the potential source of the Monarch Gold Zone mineralization is the More Creek Zone located approximately five kilometers east of Arctic Lake, and approximately eight kilometers northeast of th...

Newlox Gold Ventures is pleased to announce that it has successfully procured all equipment needed to complete the planned electrical upgrade at its Boston Project in Costa Rica. All necessary components are now on-site and in the Company's possession. Of particular importance, given the global shortage of this equipment, is an electrical transformer, which has now been delivered and is awaiting installation on site. The delivery of this equipment represents a significant milestone in the Company's operations. The Boston Project will soon benefit from connection to the Costa Rican grid, which is a stable and 98% renewable electricity system. The Boston Project is slated to become the Company's second environmentally and socially responsibl...

Xtra-Gold Resources Corp. is pleased to announce further positive assay results for an additional 12 diamond core boreholes totalling 4,108 metres from its current exploration drilling program on the Company's wholly-owned Kibi Gold Project, located in the Kibi - Winneba greenstone belt , in Ghana, West Africa. Today's drilling results include 9 drill holes dedicated to the further expansion / definition of the Boomerang gold system and 3 scout drill holes targeting prospective litho-structural settings generated by the recently completed 3D VTEM / TMI inversion-modelling. The current drilling forms part of an aggressive in-house drilling initiative focussing on multiple resource expansion targets occupying the south-western portion of the mineralization-hosting 1st-order F2 ...

Slave Lake Zinc Corp. recently acquired additional historical information dating from the 1950s on the Company's large-scale O'Connor Lake high-grade Critical Metals zinc-lead property. The Company continuously updates its database as new information becomes available. As a result, several highly prospective new areas have been outlined that will form part of next season's fieldwork. These new targets lie within the Company's main structural corridor centered over the MWK Headframe Deposit. These newly acquired results are summarized in the company's update . The new information from a 1952 trench, documents mineralization within the MCO structure, which occurs 7 kilometers west of the Headframe Deposit and returned a trench assay of 0.97 ounces of gold per ton, 21% lead, 6.7...

Lomiko Metals Inc. is pleased to announce that, in connection with its previously announced amended option agreement with Critical Elements Lithium Corp. on the Bourier project , the Company has successfully earned its 49% interest in the project. The final exploration results are pending as CELC, the project operator, is still receiving the assay results from the 2023 field program. The Bourier project site is located near Nemaska Lithium and Critical Elements south-east of the Eeyou Istchee James Bay territory in Quebec, which consists of 203 claims for a total ground position of 10,252.20 hectares . This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231220666419/en/ Figure 1 - Bourier Project Location ...

Dynacor Group Inc. , an international gold ore industrial corporation servicing ASMs , today announced that it had recorded unaudited gold sales of US$24.4 million for November 2023, compared to US$15.0 million in November 2022, an increase of US$9.4 million or 62.7% over last year and is on its way to annual sales of US$250 million. Sales increase versus November of last year is due to increase sales volume and increase sales price . During November 2023, the Veta Dorada plant continued working at full pace processing 14,502 tonnes . In November, the average selling price of gold was US$1,983 per ounce, compared to US$1,752 per ounce in November 2022. The 2023 cumulative sales at the end of November amounted to US$229.9 million, compared to US$179.7 million for the same peri...