Category: investingnews

HIGHLIGHTS: This is the first diamond drill program at Ricciardo since 2014, when just three (3) diamond holes were drilled by the previous operator. The results reported in this release are for four (4) (255m) of the 16 (1420m) diamond holes drilled to date. Approximately 2,200m of diamond drilling is planned as part of the...

Miramar’s Executive Chairman, Mr Allan Kelly, said the new IP anomaly was shallower than expected. “It appears the 8 Mile Dam deposit could continue for some distance to the north but has been offset by faulting, including at the tenement boundary,” he said. “The fact that we have multiple aircore holes ending in elevated gold...

Highlights The proceeds of the share placement will be used to accelerate exploration of copper – cobalt targets at the Company’s 100% – owned Broken Hill Project and provide for general working capital. Commenting on the Placement, Rimfire’s Managing Director Mr David Hutton said: “We are thankful for ongoing shareholder support in this placement by...

Prices rebounded to an all-time high on the COMEX of US$5.20 per pound, or US$11,464 per metric ton, on May 20 on tightening supply and increasing demand from the transition to renewable energy. In the longer term, many market watchers see tight supply and higher consumption from sectors like the electric vehicle industry creating a...

Like gold, silver is considered a safe haven for investors and has long been viewed as a hedge against inflation. In addition to its precious metal status, silver has numerous industrial applications, making it an attractive investment target. For both long-term and short-term investors, investing in silver can offer several advantages. When currency values decrease,...

Description Issued by ASX Compliance source

HIGHLIGHTS Following completion of the 2024 drill program at Lo Herma, GTI intends to publish an updated mineral resource estimate and exploration target range for the project. The Company expects that the updated mineral resource estimate will support near-term development of a Scoping Study to demonstrate the economic potential of the project. GTI Executive Director...

Highlights: Growth was underpinned by strong results at Mernova. During Q2 of 2024, Mernova had confirmed unaudited purchase orders of $2.0m (C$1.8m). This figure is a 25% increase on Q1 2024 ($1.6m) and a 33% increase on Q2 2023 ($1.5m). In addition to these strong results, Mernova already has confirmed purchase orders for Q3 2024...

“We are proud to have achieved our first gold pour at Lafigué, which, alongside the first gold pour at the Sabodala-Massawa BIOX expansion that we achieved in April, marks the successful completion of the recent phase of investment and growth that we started in Q2-2022,” said CEO Ian Cockerill in a release shared by the...

Speaking to the Investing News Network, Chen Lin of Lin Asset Management shared his outlook for silver, explaining that the white metal could move quickly to the US$50 per ounce level once market participants realize how large the divide between supply and demand really is. When asked about the most important drivers for silver right...