Manganese is a hard, silvery metal with many uses in the world driving demand today. Manganese mines in Australia are working to meet that demand. Manganese prices may be heavily driven by the steel sector, but it is the EV battery industry that has investors excited about manganese’s future. In fact, demand for manganese sulphate...
Category: investingnews
Exceptional High Grade Iron Ore at Valley Bore
Chief Executive Officer Mr James Wilson commented: “Iron ore rock-chip grades above 58% Fe are very encouraging and highlight the DSO potential of the project. It’s an exciting opportunity with our leases surrounded by majors in the sector such as Sinosteel Midwest Corporation to the south. Hematite outcrops are evident over a 900m strike extent...
What Was the Highest Price for Gold? (Updated 2024)
Gold has long been considered a store of wealth, and the gold price often makes its biggest gains during turbulent times as investors look for cover in this safe-haven asset. The 21st century has so far been heavily marked by episodes of economic and sociopolitical upheaval. Uncertainty has pushed the precious metal to record highs...
Silver Traders Seek Out China as Solar Demand Stays Strong
This trend is expected to continue in 2024, with industrial demand forecast to rise by 9 percent. The primary driver for the expected increase in Chinese silver imports is the booming solar panel industry, a major consumer of silver. Global silver demand for photovoltaic applications skyrocketed by 64 percent in 2023, reaching a new high...
Entitlement Issue to underpin next phase of exploration in Western Australia
Key Points Entitlement Offer The Offer is available to all shareholders with registered addresses in Australia and New Zealand and provides the opportunity to subscribe for 1 New Share for every 5 shares held at an offer price of $0.008 per New Share. The proceeds from the Offer (assuming it is fully subscribed) is proposed...
SilverCrest Metals: Gold, Silver vs. Fiat — We Want "Real Money" on our Balance Sheet
SilverCrest’s Las Chispas operation in Mexico went into production about two years ago, and Ritchie said that after paying back all of its debt in seven months the company had to decide what to do with the cash it had coming in. “Some of the knee-jerk responses were, ‘Let’s go build a new mine.’ And...
Response to ASX Aware Letter
Capitalised terms used in this letter have the same meaning given in ASX’s query letter unless otherwise defined. Background Prior to addressing ASX’s queries we want to highlight WOA’s objectives and areas of focus following the divestment of the “Dirty Clean Food” business as approved on 22 April 2024 by Shareholders. We provide a summary...
Prospect Ridge Announces Private Placement and Promotional Services
The Company also announces that it has entered into a consulting agreement with High Tide Consulting Corp. (“HTCC”), to provide corporate communication services, which include assistance in planning and executing awareness programs, coordinating introductions and communications with the financial community, managing social media accounts, responding to investor inquiries and monitoring the results of various programs....
Update on acquisition of Deferred Assets
The Company acquired subsidiary DC Mines Pty Ltd (DC Mines) in February 20231 . DC Mines had acquired the Golden Range and Fields Find Projects from Minjar Gold Pty Ltd (Minjar) in 2022. Under the 2022 Asset Sale Agreement between Minjar and DC Mines, completion of the acquisition of four tenements the subject of the...
Ora Gold Limited – Investor Presentation
Advanced Murchison Gold Explorer source