Author: backoffice

Get expert predictions and explore the key trends shaping Australia’s battery metals landscape in 2024 in our exclusive report. “2023 saw the (lithium) market shift into an oversupply; we now need to wait for demand to absorb that extra supply. We expect the market to remain in a surplus in 2024, although some supply restraint...

“Execution of this agreement with Muccanabout aligns with our mandate to streamline the operations of the company which is focused on uranium and lithium exploration in Tanzania and Namibia,” said Managing Director Gino D’Anna. Askari will receive AU$125,000 through the sale, which was announced on Friday (August 23). Muccanabout will make an initial cash payment...

The yellow metal stayed above that key level until experiencing a pullback on Thursday (August 22), but breached US$2,500 again on Friday (August 23) morning. Gold is seeing support from quickly increasing confidence that the US Federal Reserve will cut interest rates at its next gathering, which is scheduled for September. “The time has come...

Negotiations between the union and CPKC stalled as they have failed to reach commitments over safety-critical fatigue provisions that would mean longer hours for rail workers. The union said the move would increase the risk of derailment and other accidents. At issue with CN are rule changes that would see rail workers forced to relocate...

The other type of gold ETF invests in gold companies, providing exposure to gold-mining, development and exploration stocks, as well as gold royalty stocks. Read on to learn about the benefits of adding gold ETFs to your portfolio, the five largest gold ETFs by total assets and popular gold mining ETF options. Gold ETFs are...

“Gold is a big deal and it’s becoming a bigger deal — and that’s because it is real money,” he said, noting that the yellow metal has been used as a store of value and a currency for thousands of years. “With that kind of history, you can say with some degree of certainty that...

The company’s growth strategy is driven by four strategic pillars: Moving forward with the project-generator model, Beyond Lithium remains focused on advancing the most critical projects with its exploration team, while also seeking to option or joint venture other properties to various venture partners. This allows the company to maximize exploration dollars and minimize dilution....

The release updates include: Elixir Energy Limited (“Elixir” or the “Company”) is pleased to provide an update on the Daydream-2 well in its 100% owned Project Grandis in Queensland’s Taroom Trough. HIGHLIGHTS The Daydream-2 well has now flowed gas to surface from the upper most stimulated zone in the well – a package of coal...

Asteroid-mining startup AstroForge is making waves with its plan to land on a near-Earth asteroid in 2025. If successful, it will be the first privately funded mission to land on a celestial body beyond the Earth-Moon system. Founded in January 2022, AstroForge is looking to pioneer off-Earth mining and make off-world resources available for commercial...

The site where the diamond was discovered is no stranger to producing large stones. Previous significant discoveries from Karowe include the 1,758 carat Sewelô and the 1,109 carat Lesedi La Rona diamonds. The Sewelô diamond, discovered by Lucara in 2019, was eventually sold to luxury brand Louis Vuitton. Its unconventional black appearance made it difficult...