Category: investingnews

Highlights, DEM Mountain Zone (Note: Drill results from 2023 core holes DEM23-01 and DEM23-02, which collared in the anomalous zone, coupled with gridded soil sample results, suggest that the DEM Mountain Zone approaches surface. Antimony is presently valued at approximately $US33,000 per tonne, or roughly 3.5 times the value of copper. See comments below.) “Antimony...

HIGHLIGHTS Alex Passmore, NMG’s CEO commented: “We are very pleased to announce the Ore Purchase Agreement with Westgold as it sees both companies working together to support the development of NMG’s Crown Prince deposit in a capitally efficient manner. We see this Agreement as beneficial to all shareholders with Westgold acquiring additional high grade oxide...

Under the terms of the deal, Newmont will receive US$100 million in cash upon closing, with an additional US$175 million contingent on regulatory approvals and conditions related to the Carlton Tunnel. Newmont has agreed to bear 90 percent of potential closure costs exceeding US$500 million under a future regulator-approved closure plan. The transaction is expected...

The sale, announced by the company on Monday (December 9), will see Boliden acquire full ownership of Somincor, the company operating Neves-Corvo, as well as Zinkgruvan Mining Aktiebolag and its associated entities. Lundin expects to receive upfront cash consideration of US$1.37 billion at closing, based on financial conditions as of August 31, 2024. Interest will...

The gold price saw incredible momentum in 2024, gaining almost 30 percent during the period. As the start of 2025 approaches, the world is facing a great deal of uncertainty. Several regions are experiencing geopolitical instability, and a new US president could bring further chaos to an already fragile global economy. What does this mean...

Stickit Technologies has developed a straw plus cartridge for delivering vitamins and/or medications for children and/or adults who have difficulty swallowing pills or for children who regularly miss medications and/or vitamins. The company, which filed a patent for a straw plus cartridge for transporting cannabinoids and/or medications, decided to develop a model of a medical...

The gold price was rangebound this week, trading between about US$2,625 and US$2,655 per ounce. The increase is far higher than the rise of just 12,000 in October, a month impacted by hurricanes and a labor strike. Comments from Chair Jerome Powell also shed some light on the direction the central bank may take. De...

As the world transitions to renewable energy sources, traditional power grids, designed for consistent fossil fuel-based generation, are ill-equipped to handle the intermittent nature of renewable energy sources like wind and solar. This mismatch has created a pressing demand for efficient, large-scale energy storage systems, paving the way for the development of new battery technologies...

However, he said his highest-confidence trade for next year is copper. “I think that it’s easier to see — and highly likely to see — copper moving higher next year,” Tiggre explained. That said, he’s not quite ready to pull the trigger on copper stock purchases. “I’m not rushing out to buy yet, because I...

“With the modern drilling and the recoveries we saw this year, we have a really good chance to increase just from infilling the historic zones to really bulk that resource out as well,” he said. Approximately 20 percent of future drilling efforts will focus on fresh exploration targets like Galleon and Horseshoe, according to Wallis....