Author: backoffice

From trucks and drills to conveyors and crushers, mining equipment is subject to constant wear and tear. Traditionally, manual inspections have been the standard, but these are time-consuming, prone to human error, and offer limited real-time insight. Enter Artificial Intelligence (AI)—a game-changer for enhancing safety inspections across mining operations. Enhancing Paperless Mining Equipment Inspections with...

After ending 2023 well above the important US$2,000 per ounce mark, gold has stayed on an upward trajectory in 2024, continuing to hit new price milestones quarter after quarter. While this rise has excited market watchers, some are disappointed that gold stocks haven’t outpaced the metal’s meteoric climb. What’s weighing on gold stocks, and is...

Upon final regulatory approvals, members of Libra’s board and management teams are expected to join Athena Gold. David Goodman, LLB, CFA, will join the Board of Directors as Chairman and Koby Kushner, P.Eng., CFA, will take on the role of President, CEO, and Director. John Power, current President of Athena Gold, is expected to remain...

HIGHLIGHTS Under the terms of the Agreement (which is dated 1 October 2024), Hydralyte US will receive consideration of US$8.25m plus the value of stock and prepaid inventory in the relevant jurisdictions, valued at approximately US$1.2m (subject to post-completion adjustments). The final cash consideration, including stock and prepaid inventory, is expected to be approximately US$9.5m...

HIGHLIGHTS MANAGEMENT COMMENT Managing Director, Mark English, said: “We are in the sweetest possible place with the mining of Jeffreys Find. “Total production for the year has passed 7,500 ounces. Another toll milling campaign is scheduled for the end of November. It will be a mighty run home for Auric as the project draws to...

The US Federal Reserve’s 50 basis point interest rate cut provided the backdrop for the most recent edition of the Metals Investor Forum, held in Vancouver, BC, from September 20 to 21. While there was some discussion of uranium, base metals and rare earths, it was gold that dominated discussions as the precious metal’s price...

As the end of 2024 nears, investors may want to consider how they can use tax-loss selling to their benefit. Buying stocks low and selling them high is ideal, but sometimes investments go sour. In such cases, all hope is not lost — at the end of the year, investors can sell investments that provided...

HIGHLIGHTS: Warriedar Managing Director and CEO, Amanda Buckingham, commented: “Following the recent high grade antimony intersections at Ricciardo, our initial review of the broader antimony potential has delivered further promise. An exceptionally high-grade antimony interval, as well as a much wider intersection, are now able to be placed in greater context. This context is a...

HIGHLIGHTS Surface holes: Underground holes: Brightstar’s Managing Director, Alex Rovira, commented “The desired outcome of our combined surface and underground drilling program was to infill certain areas to increase confidence in the resource model, whilst also taking the opportunity to drill deeper holes outside and below the current mine plan. We are delighted with the...

HIGHLIGHTS Recent rock chip sampling at the Odyssey prospect, part of the Pearl Copper Project located in Arizona, USA has returned exceptional assay results: Of the 14 first pass rock chip samples taken to test for mineralisation at Odyssey: Mineralisation at the Odyssey Prospect is visible at the surface with a strike length of >800m...