Author: backoffice

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First Copper Sulphate Shipment Completed

First Copper Sulphate Shipment Completed

Highlights: “Our first shipment of Copper Sulphate with our 100% offtake partner, Kanins International, is a significant step towards recommencing commercial steady-state production and reflects a coalescence of over two years of work in recommissioning this plant. We now look towards moving into a more regular rhythm of shipments being completed. “Recent Copper price improvements...

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Pan American Makes US$295 Million Deal to Sell La Arena Mine

Pan American Makes US$295 Million Deal to Sell La Arena Mine

Zijin will pay US$245 million cash upfront and grant Pan American a life-of-mine gold net smelter return royalty of 1.5 percent for the La Arena II project upon the deal closing. Additionally, upon the commencement of commercial production from the La Arena II project, an additional contingent payment of US$50 million in cash will be...

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Pan American Makes US$295M Deal to Sell La Arena Mine

Pan American Makes US$295M Deal to Sell La Arena Mine

Zijin will pay US$245 million cash upfront and grant Pan American a life-of-mine gold net smelter return royalty of 1.5 percent for the La Arena II project upon the deal closing. Additionally, upon the commencement of commercial production from the La Arena II project, an additional contingent payment of US$50 million in cash will be...

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Cannabis Round-Up: US DEA Proposes Rescheduling, Canada Ignores Company Tax Concerns

Cannabis Round-Up: US DEA Proposes Rescheduling, Canada Ignores Company Tax Concerns

April was a game-changer for the cannabis industry. After deliberating for almost five months, the Drug Enforcement Administration moved to reschedule cannabis as lawmakers worked to combine the SAFER Banking Act with newly introduced stablecoin legislation. Meanwhile, controversy struck as legal cannabis was seized in New Mexico, Canada’s Federal Budget 2024 was released with no...

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Top 3 Canadian Cobalt Stocks in 2024

Top 3 Canadian Cobalt Stocks in 2024

The first months of 2024 saw cobalt take a bearish stance constrained by excess supply and eroding demand. Cobalt prices faced many headwinds at the beginning of the year pulling the value of the battery metal down by 2.01 percent between January and the end of March. After starting the calendar year at US$29,134 per...

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Aether Global Provides Update on Management Cease Trade Order

Aether Global Provides Update on Management Cease Trade Order

On April 3, 2024, the Company announced that, for reasons disclosed in the news release, there would be a delay in the filing of its financial statements, annual information form and management’s discussion and analysis for the fiscal year ended November 30, 2023 (the “Annual Filings”) beyond the period prescribed under applicable Canadian securities laws...

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Rio Silver Announces Grant of Stock Options

Rio Silver Announces Grant of Stock Options

About Rio Silver Inc. Rio Silver is a resource development company that has been selectively identifying and acquiring precious metal assets that afford the best possible leverage and returns in anticipation of an increasingly more favorable precious metals bull market. Our Peruvian precious metal assets are wholly owned with no royalty obligations. The Ninobamba area...