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  • Kenmare Resources plc 17 July 2024 Q2 and H1 2024 Production Report Kenmare Resources plc , one of the leading global producers of titanium minerals and zircon, which operates the Moma Titanium Minerals Mine in northern Mozambique, is pleased to provide a trading update for the quarter and half year ending 30 June 2024 . Statement from Michael Carvill, Managing Director: "At the end of the first half we are on track to achieve our 2024 guidance on all stated metrics. Higher ore grades in H2 are expected to support stronger production and shipments are also expected to rise. Demand for all of our products remains robust and ilmenite prices in H1 were above our expectations, bolstered by increasing global pigment production. Kenmare ended the period with $58.5 million of cash, h...
  • TSX:ORV Orvana Minerals Corp. is pleased to report production and exploration updates for the third quarter of fiscal year 2024 ending June 30, 2024 and revised guidance for production for the year ended September 30, 2024, from Orovalle, Spain. Highlights Q3 FY2024 Production: 13,078 Gold Equivalent Ounces, 29% higher than the previous quarter. Outlook: Production guidance for the fiscal year ended September 30, 2024 is updated from that disclosed in the Company's Management's Discussion and Analysis for the three and six months ended March 31, 2024. FY2024 Production Previous Guidance Revised Guidance Gold 41,000 - 45,000 37,000 - 39,000 Copper 3.3 - 3.7 3.7 - 3.9 Q3 FY2024 Exploration: 2,835 m of Infill and Brownfield drilling, with key intercepts in Boinas South and Area ...
    17.07.2024
    von CNW
  • Established gold producer Austral Gold Ltd.'s is pleased to announce the positive results of its updated Mineral Resource Estimate prepared by independent Qualified Person, Marcos Valencia FAusIMM in accordance with CIM Definitions 2014, National Instrument 43-101 and Joint Ore Reserves Committee Code, 2012 for the Company's 100% owned Casposo-Manantiales Mine Complex in the province of San Juan, Argentina. The updated Mineral Resource estimates will be supported by a technical report prepared in accordance with NI 43-101 that will be filed on SEDAR within 45 days of this news release . Summary of Mineral Resources Statement All Deposits - April 30, 2024 Measured + Indicated and Inferred Classification Tonnes Grade Contained Metal Measured 15,600 3.89 92.39 5.04 1,949 46,338 ...
    17.07.2024
  • In a news release issued July 16, 2024 by DLP Resources Inc., please note that certain of the highlighted mineralized intervals of drillhole A24-015 listed under the heading "Highlights" were erroneously stated. The correct figures are as follows : 0.19% CuEq* over 966.50m from 6.00m to 972.50m. 0.31% CuEq* over 32.00m from 36.00m to 68.00m. 0.41% CuEq* over 431.00m from 362.00m to 793.00m. 0.70% CuEq* over 179.50m from 793.00m to 972.50m. In addition, in Figure 3, the word "geological" has been removed from the figure description, with the molybdenum values shown on the left of the drillhole graphic and the copper values shown within the drillhole graphic. No other changes were required in the body or the tables, and the full release follows below: DLP Resources intersects 4...
    17.07.2024
  • Saville Resources Inc. is pleased to announce that, further to its news release dated June 23, 2024, it has received TSX Venture Exchange approval in respect of its securities exchange agreement dated June 21, 2024 with 1398827 B.C. Ltd., and the securityholders of PrivCo to acquire all of the issued and outstanding securities of PrivCo in exchange for securities of the Company issued on a one-for-one basis . The Transaction subsequently closed on July 16, 2024. The Company intends to assume the exploration of PrivCo's flagship mineral resource asset, the Hornby Property located in Nunavut Territory, Canada. About PrivCo and the Hornby Property PrivCo is a private company incorporated pursuant to the laws of British Columbia and headquartered in Vancouver, British Columbia. T...
    17.07.2024
  • Saville Resources Inc. is pleased to announce that, further to its news release dated June 23, 2024, it has received TSX Venture Exchange approval in respect of its securities exchange agreement dated June 21, 2024 with 1398827 B.C. Ltd., and the securityholders of PrivCo to acquire all of the issued and outstanding securities of PrivCo in exchange for securities of the Company issued on a one-for-one basis . The Transaction subsequently closed on July 16, 2024. The Company intends to assume the exploration of PrivCo's flagship mineral resource asset, the Hornby Property located in Nunavut Territory, Canada. About PrivCo and the Hornby Property PrivCo is a private company incorporated pursuant to the laws of British Columbia and headquartered in Vancouver, British Columbia. T...
    17.07.2024
  • Alpha Exploration Ltd. announces today that it has entered into an agreement pursuant to which Cormark Securities Inc. and Canaccord Genuity Corp. have agreed to act as co-lead agents and bookrunners , on behalf of a syndicate of agents in connection with a brokered private placement of 6,670,000 ordinary shares of the Company on a "best efforts" agency basis at a price of $0.90 per Share for aggregate gross proceeds to the Company of $6.0 million . In addition, the Agents have been granted an option exercisable, in whole or in part, up to the closing date to sell up to an additional 1,000,500 Shares at the Offering Price for additional proceeds of C$900,450. The net proceeds from the Offering will be used for exploration and development activities at the Company's projects i...
    17.07.2024
    von CNW
  • Galway Metals Inc. , is pleased to share updates regarding its board of directors to better position the Company for its next stage of growth. The Company announces that Matt Mazzilli has tendered his resignation as a director of the Company. Mr. Jean-Charles Lemardeley has been appointed as a director of the Company to fill the vacancy created by the foregoing resignation. The Company thanks Mr. Mazzilli for his valuable contributions to Galway Metals. Mr. Lemardeley has over 25 years of experience in financial markets, with a focus on equity and macro research both on the sell-side and buy-side. After starting his career as a market economist at Societe Generale in New York focusing on the US economy, he worked in equity sales focusing on the US energy and financial sectors...
    17.07.2024
  • Santacruz Silver Mining Ltd. regrets to report that an employee of the Company was fatally injured at the Tres Amigos mine, part of the Caballo Blanco Group of mines, in Bolivia. A small group of illegal miners unlawfully entered the Tres Amigos mine at a level above where the Company was operating and proceeded to use explosives. This caused rockfall on the level below where Santacruz employees were working, and one employee was fatality injured. Safety personnel were immediately notified and followed mine rescue protocols to close the mine, attend to all employees and remove these illegal miners from the area. The mine has since resumed operations. Arturo Préstamo, Executive Chairman and CEO commented, "We are deeply saddened by this tragic accident and have extended our de...
    17.07.2024
    von CNW
  • Partnerships with Canadian Olympic Committee and Canadian Paralympic Committee extended for the next four Games FACE™ program has supported more than 3,500 athletes and coaches with $14 million Petro-Canada's 2024 Olympic and Paralympic Games campaign launches Petro-Canada, a Suncor Energy business, is extending its longstanding partnerships with the Canadian Olympic Committee and the Canadian Paralympic Committee, which will ensure ongoing support of Canadian athletes, coaches and athletes' families for another eight years. The support continues Petro-Canada's recognition as a National Partner of the Canadian Olympic Committee and Official Partner of the Canadian Paralympic Committee. "Our motto Live by the Leaf extends to supporting those who wear the maple leaf, which...
    16.07.2024
  • King Global Ventures Inc. announced that it has closed its previously announced non-brokered private placement . The Company raised gross proceeds of $3,379,600 through the issuance of 13,518,400 units at $0.25 per Unit. Pursuant to the terms of the Financing, each unit is comprised of one common share and one two-year share purchase warrant . Each warrant is exercisable at $0.35 in the first six months and $0.45 in the next 18 months, subject to acceleration. The warrants shall be subject to the Company's ability to accelerate expiry, upon 30 days notice, in the event that the shares of the Company trade at $0.70 or higher for 10 consecutive trading days. Robert Dzisiak, Chief Executive Officer of the Company, subscribed for 100,000 Units of the Company, representing 0.73% o...
  • Global Atomic Corp. , reports that the presentation of the debt financing facility to the Credit Committee of a U.S. Development Bank has been postponed to August. The Bank decided not to bring this project to the Credit Committee in July, citing a need to answer and confirm additional questions. With approval by the Credit Committee postponed, final approval by the Bank's Board of Directors is now expected in October 2024. Global Atomic continues to review other financing options including joint ventures. About Global Atomic Global Atomic Corporation is a publicly listed company that provides a unique combination of high-grade uranium mine development and cash-flowing zinc concentrate production. The Company's Uranium Division is currently developing the fully permitted, lar...
    16.07.2024
    von CNW
  • JOHN's, NL, July 16, 2024 /CNW/ - Aurion Resources Ltd. announces that due to significant investor demand, the Company has increased the size of its previously announced fully marketed private placement from C$5,000,000 to C$6,500,000 from the sale of up to 11,818,182 common shares of the Company at a price of C$0.55 per Share . Red Cloud is acting as lead agent and sole bookrunner on behalf of a syndicate of agents under the Offering. The Company has granted the Agents an option, exercisable in full or in part, up to 48 hours prior to the closing of the Offering, to sell up to an additional 2,727,273 Shares for additional gross proceeds of up to CAD$1,500,000 . If the Agents' Option is exercised in full, the aggregate gross proceeds of the Offering will be approximately C$8....
    16.07.2024
    von CNW
  • American Lithium Corp. is pleased to provide financial and operating highlights for the first quarter ended May 31, 2024. Unless otherwise stated, all amounts presented are in Canadian dollars. Simon Clarke, CEO of American Lithium, comments, "The market backdrop remains challenging across the lithium sector; however, we have continued to make solid progress while prudently managing our working capital. Although prices in the uranium sector did consolidate somewhat during the quarter, commodity pricing remains at strong levels and uranium fundamentals continue to strengthen, suggesting sustained long-term strength in the sector. As the cycle evolves, our large-scale Macusani Uranium Project is well positioned to benefit." Highlights for the Quarter: Strengthens Team in Peru -...
  • Andean Precious Metals Corp. announced that it has engaged the services of ICP Securities Inc. to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will receive a fee of C$7,500 plus applicable taxes per month, payable monthly in advance. The agreement between the Company and ICP is for an Initial Term of four months and shall be automatically renewed for subsequent one month terms unless either party provides at least thirty days written notice prior to the end of the Initial Term or an Additional Term, as applicable. There are no performance factors contained in the agreement and no stock options or other co...
    16.07.2024



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