Author: backoffice

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A$80m Fully Underwritten Equity Raising to Accelerate Exploration and Development of Dalgaranga Gold Project

A$80m Fully Underwritten Equity Raising to Accelerate Exploration and Development of Dalgaranga Gold Project

Highlights Spartan Managing Director and Chief Executive Officer, Simon Lawson, said: “This is a landmark capital raising for Spartan which puts the Company in an exceptional position to deliver on the huge potential of the Never Never discovery and our other recent exploration successes at Dalgaranga. “The proceeds will allow us to establish an underground...

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Gold Price Retreats Below US$2,400 After Record-Setting Run

Gold Price Retreats Below US$2,400 After Record-Setting Run

As of 3:02 p.m. EDT on Wednesday (April 17), spot gold was trading at US$2,374.50 per ounce, below its record peak of US$2,431.29. Concurrently, US gold futures declined by 0.5 percent to hit US$2,396.70. Gold is widely viewed as a safe-haven asset, and could pick back up if tensions increase again. “The recent data have...

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Top 5 ASX Uranium Stocks of 2024

Top 5 ASX Uranium Stocks of 2024

Although the market’s turnaround has taken time, experts are predicting a bright future as countries around the world pursue clean energy goals. Against that backdrop, some ASX-listed uranium companies have been making moves in 2024. Year-to-date gain: 56.12 percent; market cap: AU$4.54 billion; current share price: AU$1.53 Paladin Energy owns a 75 percent stake in...

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Trident Royalties: The Fast-growing Diversified Mining Royalty Company

Trident Royalties: The Fast-growing Diversified Mining Royalty Company

The company has acquired 21 assets (royalties and gold offtake agreements), of which 13 are currently cash-flowing. While the current revenue mix is weighted toward gold, asset-level developments across the portfolio, specifically at the Thacker Pass (lithium) and Mimbula (copper) projects, continue to indicate a higher mix of lithium and copper royalty revenue going forward....

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Source Rock Royalties: A Pure-play on Oil & Gas Royalties in Western Canada

Source Rock Royalties: A Pure-play on Oil & Gas Royalties in Western Canada

Source Rock acquired new royalties worth nearly C$13 million in 2023 and a total of C$16.5 million since its IPO in March 2022 effectively doubling the company’s royalty acreage. The acquisitions further enhanced its current royalty production and exposure to potential undeveloped drill locations. Source Rock generated C$6.6 million in royalty revenue in 2023, the...

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Victory Announces Private Placements

Victory Announces Private Placements

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES In connection with the Offering, the Company may pay finder’s fees in cash or securities or a combination of both, as permitted by the policies of the Canadian Securities Exchange (the “CSE”) and applicable securities laws. The common shares and...