Author: backoffice

For a junior mining company, the transition from exploration and discovery to production is fraught with challenges. Considerable land prospecting, lengthy permitting processes and continuous capital raising for project financing all represent significant barriers. Historically, strategic partnerships (in the form of joint ventures, strategic alliances, toll milling/ore purchase agreements, etc.) have been one of the...

HIGHLIGHTS Adelong Gold Chairman Ian Hastings commented: “Adelong Gold is pleased to reach in principal agreement to settle the outstanding loan owed to it by Cosmo by agreeing to accept shares and options in Sarama Resources Ltd, with whom Cosmo is pursuing a transaction to transfer the Cosmo project to Sarama. Whilst the proposed transaction...

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The May CPI figures show a 0 percent change month-on-month and a 3.3 percent increase on an annual basis. Those are declines from April’s 0.3 percent monthly increase and 3.4 percent year-on-year figure. The improved inflation data wasn’t enough to sway the Fed, and after wrapping up its meeting it said it would hold its...

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Entitlement Offer A non-renounceable entitlement offer of one (New Share) for every one Share held by Eligible Shareholders on Thursday, 20 June 2024 (Record Date) at an issue price of $0.004 per Share together with one free attaching option (New Options) for every two Shares applied for and issued to raise up to $3,986,139 (based...

Salares Norte, located in Northern Chile, has encountered challenges due to early and prolonged winter weather. This has led to the freezing of materials in the piping of the process plant, causing temporary shutdowns. The unforeseen weather conditions have disrupted the ramp-up phase, forcing the company to revise its output targets. Gold Fields initially set...

Stay informed on the latest developments in the tech world with the Investing News Network’s round-up. Tesla’s FSD software equips vehicles with autonomous capabilities to navigate intricate urban environments. This includes managing intersections, traffic signals, and pedestrian crossings all without human intervention. The tests in Shanghai will allow Tesla to gather data on how its...

During a nearly two hour presentation, Apple CEO Tim Cook and other senior executives introduced Apple Intelligence, a suite of AI-powered features that will be embedded across Apple’s devices. Central to this initiative is the integration of OpenAI’s ChatGPT, which will enhance Apple’s virtual assistant Siri, allowing it to perform a broader range of tasks....

This Ora Gold profile is part of a paid investor education campaign.* source