Category: investingnews

HIGHLIGHTS The Kihabe Deposit has two significant silver domains with shallow high-grade intersections including 7m @ 984g/t from 97m and 7m @ 477g/t from 63m, previously announced in June 2021. The SW and NE domains require further infill and extensional drilling. The Company is taking this opportunity to update the market by releasing individual metres...

Antilles Gold’s gold and copper projects in Cuba are underpinned by a strong partnership with a Cuban Government-owned mining company that effectively fast-tracks and de-risks its promising projects, offering a strategic value proposition for investors. Antilles Gold offers strong growth potential through two near‐term development projects, Nueva Sabana and La Demajagua, and two exploration projects,...

HIGHLIGHTS The sale will streamline Eastern Metals’ asset portfolio, enabling the Company to focus its funds and resources on the high-potential, advanced base metals Cobar Project in New South Wales and Arunta Project in the Northern Territory. Eastern Metals’ Chief Executive Officer Ley Kingdom said: “The sale of the Thomson Project to Legacy Minerals represents...

The Australian Securities Exchange (ASX) welcomed its first Bitcoin exchange-traded fund (ETF) on Thursday (June 20), following a growing trend of digital assets hitting various global stock markets. Campion emphasised that trading Bitcoin via an ETF on an established exchange like the ASX allows investors to buy and sell via traditional brokerage accounts, simplifying the...

The company’s cornerstone asset is the Amarillo Grande project (AGP), where work continues to progress. “Within our flagship AGP we have the Ivana deposit moving into the pre-feasibility stage, and multiple established exploration targets that are ready for the next steps,” said CEO and President Nikolaos Cacos in a press release. “So it is time...

The Company raised an aggregate of $593,003.96 pursuant to Tranche One, of which $362,000.00 was raised on the issuance of 7,240,000 units (“Units ”) and $231,003.96 was raised on the issuance of 3,850,066 flow-through units (“FT Units ”). Each Unit was issued at a price per Unit of $0.05 and is comprised of one common...

The gold price rose as high as US$2,366 per ounce on Thursday (June 20), but had fallen back to the US$2,325 level by Friday (June 21) morning, looking set to end the week relatively flat. The WGC notes that the main reasons central banks hold gold are as a long-term store of value or inflation...

Leading the way were the base metals copper, nickel, lead and zinc with C$13.2 billion in combined revenue, with nickel-copper ore mining headlining the section with C$7.23 billion. Its own category, iron ore mining brought in C$10.65 billion, while revenue from gold and silver totaled C$13.18 billion. Meanwhile, non-metallic mining brought in C$21.91 billion with...

Central bank gold purchases have been an important story for the precious metal over the last several years, providing critical support as the gold price has soared to record levels. The survey was conducted this year between February 19 and April 30, and includes responses from 70 central banks. This year, the main reason for...

“There’s deeper pools of finance available in Australia for mining and resource stocks,” explained Kessler. Australia’s familiarity with lithium, with approximately 30 lithium companies listed on the ASX, means there is natural synergy and substantial market knowledge among investors. Kessler noted that the company’s leading shareholder, Regal Funds from Sydney, underscores the value of this...