Category: investingnews

Each Unit issued under the Offering will consist of one (1) common share of the Company (each, a “Share”) and one half (1/2) of one (1) Common Share purchase warrant (each, a “Warrant”). Each full Warrant, together with CAD$0.45, will entitle the holder thereof to acquire one (1) additional Common Share for a period of...

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Augustus Minerals has received the following assays from new rock chip samples recently collected as part of an ongoing regional targeting program: Mapping and field work is continuing around these prospects as well new targets identified from a combination of geology, geophysics and multi-spectral image analysis. Andrew Ford, GM Exploration “These rock chips continue to...

Demand for lithium is expected to grow in the next 10 years as electric vehicle proliferation continues and the energy storage sector expands. While experts are optimistic about the market’s medium- and long-term fundamentals, the current market oversupply and weak EV sales have weighed on prices over the last year. Although prices have remained subdued...

HIGHLIGHTS Culpeo Minerals’ Managing Director, Max Tuesley, commented: “These latest drill results, along with the 13 previous holes, confirms the presence of a high- grade breccia and porphyry hosted mineralised system of significant scale at Lana Corina. The Culpeo team is very excited by the results so far, demonstrating the existence of a large Cu-Mo...

The Company advises that it received applications for a total of 24,251,886 shares, amounting to $194,015. This comprised applications for: The New Shares are expected to be issued on Friday 12 July 2024, in accordance with the timetable outlined in the ASX announcement dated 17 June 2024. The resulting shortfall from the Offer is 79,573,471...

UxC, a nuclear industry market data and analysis firm, estimates that annual uranium demand could soar by nearly 65 percent, surpassing 300 million pounds (Mlbs) U3O8 by 2030 from the current demand level of 197 Mlbs U3O8. Against this, the mine supply for 2024 is estimated to be around 155 Mlbs U3O8, implying a deficit...

After reaching a 17 year high of US$106 in early January, the spot uranium price spent most of Q2 consolidating under US$90 per pound. Uranium started the second quarter at US$88.05 per pound on April 1 prices shed 2.6 percent to end the quarter at US$85.70. While prices remained range bound for most of 2024’s...

Since setting a record high of US$2,450 per ounce in May, gold prices have been volatile. Gold started July at about US$2,330 before rallying 3 percent last week to US$2,390, marking the most significant weekly gain in three months. However, it fell back down following the news of the PBOC’s decision to hold off on...

The electric vehicle (EV) market has boosted demand for commodities such as lithium and cobalt in recent years, making EV sales a good metric for evaluating the battery metals landscape. With those factors at play, what are the key electric vehicle trends to watch? Here the Investing News Network (INN) takes a look at what’s...