• Dienstag, 23 Juli 2024
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Nachrichten,  Minen engl.

  • TRX Gold Corp. is pleased to announce the completion of the expanded processing plant to 2,000 tonnes per day , and also reported its results for the third quarter of 2024 for the three months ended May 31, 2024. Financial results are available on the Company's website at www.TRXgold.com. Project highlights include: Immediate and positive impact on milling capacity: The newly expanded 2,000 tpd processing facility is now operational and is currently undergoing wet commissioning. During this commissioning phase, the expanded processing plant has been consistently achieving, on average, 1,750 tpd of mill throughput, reaching a maximum of 1,873 tpd, a 116% increase over Q3 2024, and is ramping up towards final commissioning. Average weekly gold production has also increased to 61...
  • Franco-Nevada Corp. is pleased to announce that its wholly-owned subsidiary, Franco-Nevada Corporation , has acquired a gold stream from SolGold plc with reference to production from the Cascabel project located in Ecuador. FNB has partnered with Osisko Gold Royalties Ltd.'s subsidiary, Osisko Bermuda Limited , to provide a syndicated financing package on a 70%/30% basis. FNB will provide a total of $525 million and Osisko a total of $225 million of funding for a total $750 million. FNB will provide $70 million and Osisko $30 million for a total of $100 million in pre-construction funding available as three equal sized staged payments. The first tranche will be funded at closing with two further tranches, subject to development milestones. FNB will make $455 mi...
    15.07.2024
    von CNW
  • Rua Gold Inc. is pleased to announce it has entered into a definitive share purchase agreement , pursuant to which the Company will acquire 100% of the issued and outstanding shares of Reefton Resources Pty Limited , a 100% owned subsidiary of Siren Gold Ltd. with tenements located adjacent to the Company's suite of properties in New Zealand's prolific Reefton Goldfield . The Transaction will establish the Company as the dominant landholder in the Reefton Goldfield on New Zealand's South Island, with approximately 120,000 hectares of tenements. The district produced over two million ounces at gold grades ranging from 9 to 50g/t. The Reefton Goldfield is seeing a resurgence in interest, led by the construction of Federation Mining's Blackwater mine, which is expected to produc...
    15.07.2024
    von CNW
  • MONTRÉAL, July 15, 2024 -- Osisko Gold Royalties Ltd. is pleased to announce that its wholly-owned subsidiary, Osisko Bermuda Limited , in partnership with Franco-Nevada Corporation , a wholly-owned subsidiary of Franco-Nevada Corp. , has entered into a definitive Purchase and Sale Agreement with SolGold plc and certain of its wholly-owned subsidiaries , with reference to gold production from SolGold's 100%-owned Cascabel copper-gold project located in Ecuador . Osisko also holds a 0.6% NSR royalty on Cascabel which it purchased from SolGold in 2022. Pursuant to the terms of the Gold Stream, OBL and FNB will make initial deposits totaling US$100 million to SolGold in three equal tranches to fund the Project's pre-construction costs . The first tran...
  • Exploits Discovery Corp. is pleased to announce initial results from recent diamond drilling operations at the Company's Bullseye property, located along the Appleton Fault Zone in Central Newfoundland. Results from the initial three drill holes have been received with assay values of up to 254.08 g/t Au over 0.80 m. This newly discovered mineralized zone has been named the "Saddle Zone." The Saddle Zone is located in the vicinity of the Company's hole # BE-23-028, where several clusters of quartz veining were intersected over approximately 18 m of core . Visible gold was observed within a network of quartz veins in drill hole BE-24-015 with best reported assay value of 67.55 g/t Au over 3.30 m, which was drilled northwestwards across the previous path of hole BE-23-028. High...
    15.07.2024
  • Calibre Mining Corp. is pleased to announce a 100,000 metre resource expansion and discovery drill program at its 100% owned, fully funded Valentine Gold Mine located in the central region of Newfoundland & Labrador, Canada. The 100,000 metre diamond drilling program is in addition to the previously announced 50,000 metre ore control reverse circulation drill program at the Leprechaun and Marathon deposits and the 10,000 metre Winkie/RAB drilling program testing bedrock geology. The expanded program will include a robust geoscience initiative including a high-definition property wide LiDAR geophysical survey, till sampling and enhanced prospecting to assist with resource expansion and discovery drilling. This will be the largest pure exploration drilling campaign in Valentine...
  • Cleveland-Cliffs Inc. is pleased to announce that it has entered into a definitive agreement to acquire Stelco Holdings Inc. . The acquisition confirms Cliffs' commitment and leadership in integrated steel production in North America, and also brings an additional 1,800 United Steelworkers union employees into Cliffs' workforce. Under the terms of the agreement, Stelco shareholders will receive CAD $60.00 per Stelco common share in cash and 0.454 shares of Cliffs common stock per share of Stelco common stock , representing a total consideration of CAD $70.00 per Stelco share. The transaction has received full support from David McCall, International President of the USW union. The transaction implies a total enterprise value of approximately USD $2.5 billion for Stelco and rep...
  • Next important milestone reached after receiving the final building permits and funding of 100 million EUR. Worley is a global professional services company of energy, chemicals and resources experts headquartered in Australia. Comprehensive selection process coordinated by Accenture. Rock Tech Lithium Inc. is pleased to announce that it has selected leading global professional services company Worley Limited as its preferred engineering, procurement, and construction management partner for the construction of Europe's first lithium converter. The partnership will pave the way for the rapid and efficient implementation of the project. Worley specializes in engineering, construction and implementation of complex industrial plants and, with 50,000 employees worldwide, has compl...
    15.07.2024
    von CNW
  • Rokmaster Resources Corp. announces that field work has begun on the Nechako Copper-Gold-Silver Project. Crews completed an initial small prospecting and soil sampling program on the Mystery Property targeting porphyry copper-gold-molybdenum targets. Crews also completed additional field work on the Fox-Coconut Property. The field work included geological mapping, prospecting, rock and soil sampling to further characterize the exploration targets on the Fox-Coconut Property where channel samples collected in 2014 returned a highlighted value of 7,342 grams per tonne silver and 45.3 gpt gold over 1.0 meter. Additional planned field work on the Mystery Property aims to further refine and expand on the large porphyry alteration zone and coincident large copper in soil anomalies ...
    15.07.2024
    von CNW
  • Vox Royalty Corp. , a returns focused mining royalty company, is pleased to announce that it will release its 2024 second quarter results on Wednesday, August 7, 2024, after market close. About Vox Vox is a returns focused mining royalty company with a portfolio of over 60 royalties spanning seven jurisdictions. The Company was established in 2014 and has since built unique intellectual property, a technically focused transactional team and a global sourcing network which has allowed Vox to target the highest returns on royalty acquisitions in the mining royalty sector. Since the beginning of 2020, Vox has announced over 25 separate transactions to acquire over 60 royalties. Further information on Vox can be found at www.voxroyalty.com. For further information contact: Kyle F...
    15.07.2024
  • Solitario Resources Corp. is pleased to announce core drilling has begun on its 100%-owned Golden Crest gold project in South Dakota. Phase-One of the 2024 drilling program consists of drilling approximately 10-12 holes totaling 5,000 meters. The first area to be drill tested is the high-grade Downpour Zone where trenching and surface rock sampling has revealed high-grade gold at surface . Assay highlights of the trenching program are as follows: Trench Number Length Avg. Gold Grade Tr-1 36 17.60 Tr-2 60 8.55 Tr-3 12 0.56 Tr-4 15 2.18 Tr-5 15.6 17.1 Downpour Trenching Results In addition to the high-grade trenching results, surface grab sampling of the area surrounding the trenches revealed significant gold values over a corridor of approximately 800 meters long and up to 500 ...
    15.07.2024
  • Trans Canada Gold Corp. , is pleased to announce that the Company has now completed its ninth full month of robust steady oil production for the month of June 2024, with trucking and oil sales to Altex and Cenovus Energy Ltd. The Lloydminster well has shipped 5,435 barrels for the month of June and produced at an average daily rate of 181 bbl/d gross to the Company since being placed on production, representing its 18.75% working interest ownership. Production shipping and sales commenced on the newly drilled well on October 6th, 2023, and the well has now produced over 56,730 bbl and exceeded the 50,000-barrel production benchmark of consistent, steady oil production with its multilateral well. Croverro Energy Ltd. is the Operator. The Company has strengthened its leases and...
    15.07.2024
  • SouthGobi Resources Ltd. : INTRODUCTION The Board hereby announces that on July 15, 2024, the Company's wholly-owned Mongolian subsidiary, Southgobi Sands LLC , entered into a Build-Operate-Transfer agreement with Tangshan Shenzhou Manufacturing Group Co., Ltd , pursuant to which Tangshan Shenzhou is responsible for the construction, operation, and quality management of a new dry coal separation system, including the key equipment of CZM1000??????and IDS2400A?????, which, for transliteration purpose only, mean super dry selection machine and intelligent dry selection machine, respectively at the Company's Ovoot Tolgoi Mine in Mongolia, which will be a stand-alone plant separate from the Company's existing dry processing plant. Tangshan Shenzhou is also responsible for the con...
    15.07.2024
  • Tectonic Metals Inc. today announced a C$3,000,000 non-brokered private placement of units lead by strategic shareholder, Crescat Capital . Up to C$2,500,000 of the Offering is structured to take advantage of the Listed Issuer Financing Exemption whereby common shares issued pursuant to the exemption will be freely tradeable listed equity securities not subject to any hold period . Kevin Smith, CEO & Chief Investment Officer of Crescat Capital, Tectonic's largest shareholder, commented, "Tectonic is one of our top ten holdings in the Crescat portfolio. Our support for Tectonic and their Flat Project is underscored by us doubling our ownership level to 22.3% in the company last year. We are happy to be deploying more capital in advance of the second year of drilling as Flat tr...
    15.07.2024
  • Tectonic Metals Inc. today announced a C$3,000,000 non-brokered private placement of units lead by strategic shareholder, Crescat Capital . Up to C$2,500,000 of the Offering is structured to take advantage of the Listed Issuer Financing Exemption whereby common shares issued pursuant to the exemption will be freely tradeable listed equity securities not subject to any hold period . Kevin Smith, CEO & Chief Investment Officer of Crescat Capital, Tectonic's largest shareholder, commented, "Tectonic is one of our top ten holdings in the Crescat portfolio. Our support for Tectonic and their Flat Project is underscored by us doubling our ownership level to 22.3% in the company last year. We are happy to be deploying more capital in advance of the second year of drilling as Flat tr...
    15.07.2024



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