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  • Sierra Metals Inc. is pleased to provide production and cost guidance for 2025 for its two underground mines in Latin America: the Yauricocha mine in Peru and the Bolivar mine in Mexico. Ernesto Balarezo, CEO of Sierra Metals, comments, "We are very excited to have reached full capacity levels in Yauricocha, allowing us to operate at higher throughput rates. The latter is reflected in the increased metal production and stronger cost guidance. At Bolivar, we also expect to operate at full capacity throughout the year, despite lower projected grades due to our mining sequencing plan. Overall, looking ahead to 2025, we envision a year of full throughput at both operations, while we position our mines for sustainable long term value creation." At Yauricocha, we expect our product...
  • HIGHLIGHTS Surficial mapping was conducted as part of the 2024 Angilak Exploration Program that focused on areas strictly proximal to the Lac 50 Deposit and achieved its objective of discovering high-grade uranium mineralization on surface beyond the extents of the Lac 50 Deposit's Exploration Target Model; High-grade surficial uranium mineralization was identified between Lac 48, Lac 50, Lac 52, and Lac 54 trends, collectively known as the Lac 50 Deposit, along prospective new parallel trends; Discovery of outlined outcrops containing high-grade uranium mineralization along strike from the Lac 50 Deposit provide basis for future exploration and significantly de-risk expansion efforts; A zone of extensive bedrock outcrop with radioactivity up to >60,000 counts per second - >10,000 cp...
    05.12.2024
  • Condor Resources Inc. is pleased to announce a non-brokered private placement of up to 10,000,000 units of the Company at a price of $0.15 per Unit for gross proceeds of up to $1,500,000 pursuant to the Listed Issuer Financing Exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions . Each Unit will consist of one common share of the Company and one-half of one non-transferable common share purchase warrant . Each whole Warrant will be exercisable for a period of 36 months from the Closing Date and will entitle the holder thereof to purchase one additional common share prior to the expiry of the Expiry Period: at an exercise price of $0.20 per Warrant Share if duly exercised during the Exercise Period on or before the date that is 24 months following the ...
    05.12.2024
  • CoTec Holdings Corp. and Mkango Resources Ltd. are pleased to announce the initiation of a "Request for Proposal" process from leading Engineering, Procurement and Construction Management providers to complete the detailed engineering design, procurement and construction management phase for HyProMag USA LLC. state-of-the-art rare earth magnet recycling and manufacturing project in the United States . The results of the positive feasibility study for the Project were announced on November 25, 2024, which can be accessed via the following link: https://hypromagusa.com/hypromag-usa-feasibility-study-demonstrates-robust-economics-and-the-opportunity-to-develop-a-major-new-domestic-source-of-recycled-rare-earths-magnets-for-the-united-states/ The detailed engineerin...
    05.12.2024
  • Power Nickel Inc. is pleased to announce that the shareholders of Power Nickel have approved the previously announced plan of arrangement pursuant to which the Company's interest in the Golden Ivan property, along with certain Chilean exploration assets and liabilities, will be spun out to Power Nickel shareholders through the Shareholders receiving common shares in Chilean Metals Inc., a wholly owned subsidiary of the Company . At the Company's annual general and special meeting held on November 22, 2024, the special resolution approving the Arrangement was approved by 96.81% of the votes cast by Shareholders. All of the other matters considered at the meeting, including the stock option plan for Spinco, were also approved in accordance with management's recommendations. In ...
    05.12.2024
    von CNW
  • Urano Energy announced today that it has completed the acquisition of fifteen uranium properties as previously announced . The properties, with a total of 345 claims covering 8,200 acres, or 33 square kilometers, are situated within the Colorado Plateau geological region within the states of Utah and Colorado. Fourteen of these properties have a history of production, with over two dozen former mine portals and shafts among them. All properties have known mineralization that are located in three major mining districts, the Uravan Mineral Belt, La Sal and Lisbon Valley Districts. The acquisition of the Properties adds significantly to the Company's growing uranium portfolio. Prior to the acquisition, the Company held three propert...
    05.12.2024
    von CNW
  • The U.S.-China trade conflict has reached a new level of intensity, with Beijing banning exports of critical minerals like gallium, germanium, and antimony to the United States. These materials, essential for advanced technologies and military applications, are now being leveraged as geopolitical tools in an escalating economic confrontation.
    Antimony in particular has drawn significant attention. This often-overlooked mineral plays a critical role in the defense sector, powering ammunition, infrared missile systems, and advanced batteries. Historically, antimony proved vital in World War II, hardening lead for bullets and enabling the production of tungsten steel. Today, it remains indispensable for national security and technological innovation.
    The stakes are high: China controls nearly...
    05.12.2024
  • CNX Resources Corp. announced today it has entered into a definitive agreement to acquire the natural gas upstream and associated midstream business of Apex Energy II, LLC , a portfolio company of funds managed by Carnelian Energy Capital Management, L.P. , in the Appalachian Basin for total cash consideration of approximately $505 million, subject to certain adjustments including an effective date of October 1, 2024. Completion of the transaction, which is subject to the satisfaction of customary closing conditions, is expected to occur in the first quarter of 2025. CNX president and CEO Nick Deiuliis stated, "This transaction represents a rare opportunity to acquire a highly complementary asset adjacent to our existing operations. It underscores our confidence in the stacked...
    05.12.2024
  • Highlights Well-mineralized interval grading 1.11% nickel over 10.1 metres including 1.32% nickel, 0.17% copper and 0.55 g/t palladium + platinum over 4.4 metres Mineralized interval is 138 metres northwest of BAN24-18 which intersected 1.61% nickel over 12.0 metres including 3.95% nickel over 4.0 metres Follow-up drillhole BAN24-21 is in progress with BHEM survey scheduled Canada Nickel Company Inc. is pleased to announce assay results for drill hole BAN24-20 at the Company's Bannockburn property, which intersected 15.7 metres of net-textured sulphides within a disseminated sulphide-bearing peridotite. Bannockburn is one of the Company's southern exploration properties in the Timmins Nickel District. CEO Mark Selby said, "We are very pleased that this second hole at Bannockb...
    05.12.2024
    von CNW
  • Laurion Mineral Exploration Inc. is pleased to announce that its Annual and Special Meeting of shareholders will be held on Thursday, February 13, 2025, at 12:00 PM in the Ocean Room at the Victoria International Marina, located in Victoria, British Columbia. LAURION, a mid-stage junior exploration and development company focused on its wholly owned Ishkõday Project, will also host a corporate update immediately following the Meeting, where management will discuss the Corporation's business strategy and objectives. Items of Business to Be Considered at the Meeting 1. Election of Directors The election of LAURION's Board of Directors will be conducted at the Meeting. LAURION remains confident in the capabilities of its dedicated board and management teams and firmly bel...
  • S2 Minerals] announces that, further to its press release dated Nov 28, it has completed the proposed consolidation of the Company's issued and outstanding common shares on the basis of one post-consolidation Common Share for every two pre-consolidation Common Shares. As a result of the Consolidation, the number of issued and outstanding Common Shares will be reduced from 37,937,649 to approximately 18,968,824, subject to adjustment for rounding. The Common Shares will continue to trade on the Canadian Securities Exchange under the symbol "STWO" under a new CUSIP number - 78485F205 and on a post-consolidated basis. A letter of transmittal with respect to the Consolidation was mailed to registered shareholders of the Company, a copy of which is also available o...
    05.12.2024
  • Hannan Metals Ltd. is pleased to report the identification of a significant IP anomaly at the Vista Alegre epithermal prospect within the Company's 100%-owned Valiente copper-gold project in Peru . Highlights: Broadly, two distinct types of anomalies were identified in the IP geophysical survey : High chargeability - low resistivity zone over 2.4 km strike and up to 500 m deep coinciding with up to 0.23 ppm gold in soils suggesting mineralization is associated with sulphide assemblages and argillic clay alteration; High chargeability - high resistivity zones over 1 km strike coinciding with mineralized silicified boulders containing white milky quartz, arsenopyrite, chalcopyrite and pyrite assaying up to 1.98 g/t Au and 29 g/t Ag. suggesting epithermal-style mineralization ass...
    05.12.2024
  • NYSE American: UEC Selected Quarterly Highlights Successfully restarted operations and commenced ramp-up at the Christensen Ranch In-Situ Recovery Mine in Wyoming's Powder River Basin. Transportation of uranium loaded resin has begun from the Christensen Ranch Satellite Plant to the fully operational Irigaray Central Processing Plant. Dried and drummed concentrate production is expected at the Irigaray Plant in early 2025. Significantly expanded permitted production capacity at the Irigaray Plant to 4.0 million pounds of U3O8 per year. Initiated construction of the Burke Hollow Ion Exchange Facility and accomplished additional infrastructure advancements at the project, including the first production area. Completed an Initial Economic Assessment for the world class Roughrider Project in C...
    05.12.2024
    von CNW
  • Ultra Lithium Inc. today announces it has reached a settlement agreement with Power Minerals Ltd. with respect to the convertible loan agreement between the two companies. Under the terms of the settlement agreement Ultra Lithium will: Pay $50,000 AUD on or before December 5, 2024 to Power Minerals Transfer to Power Minerals all of Ultra Lithium's Canadian Mineral Claims - the Forgan Lake and Georgia Lake claims. The transfer will be completed upon Power Minerals providing the necessary regulatory information to facilitate the transfer of the claims. Pay $250,000 AUD to Power Minerals within 60 days of signing the settlement agreement. The Company and Power Minerals entered into the CLA on May 12, 2023. Under the CLA, Power Minerals advanced an interest-bearing l...
  • Nova Minerals Ltd. is pleased to announce antimony rock chip assay results from its 2024 exploration season confirming an extensive 800m long by 400m wide antimony rich zone at its Stibium prospect, within its over 500km2 flagship Estelle Gold and Critical Minerals Project located in the Tintina Gold Belt in Alaska. Highlights Follow-up reconnaissance mapping and sampling has proven an extensive antimony rich zone at Stibium with grades up to 56.7% Sb. Best 2024 rock sampling results at Stibium include : 56.7% Sb 55.7% Sb 54.8% Sb 54.5% Sb 46.2% Sb 45.9% Sb 43.3% Sb Samples from the initial discovery in 2023 measured 60.5% and 2.1% Sb . The Stibium occurrence is hosted in quartz diorite intrusive rocks and hornfels sedimentary rock over an approximately 800m long by 400m wide...


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