Gold jewelry sales in China are slumping on the back of record prices and weakness in the country’s economy. While global investors remain engaged with gold as a hedge against economic uncertainty, China’s retail market for gold jewelry has seen a significant drop in demand. The China Gold Council reported a 27 percent decline in...
Category: investingnews
Operations Update
KEY POINTS: West Zhetybai oilfield transition to a Full Commercial Licence: As the Company has been reporting, the West Zhetybai field has been preparing to transition from its 3-year Preparatory Period licence to a 25 year Full Commercial Licence. This process is now completed and the West Zhetybai field commenced its 25- year Full Commercial...
Tumour Response in Sixth Patient Triggers Additional Recruitment in Pancreatic Cancer Trial
HIGHLIGHTS A total of 50 patients are planned for the Phase 2a ACCENT trial. With the six (6) confirmed PRs now obtained, recruitment of the remaining 24 patients in the trial will begin at the existing open trial sites in Australia and South Korea. Recruitment of the second cohort of patients is expected to be...
FDA Finds Kratom Capsules Safe, but Questions About Concentrated Forms Remain
An initial US Food and Drug Administration (FDA) study on kratom, a plant-based substance long consumed in Southeast Asia, has found that the compound appears safe when used in capsule form, even at high doses. Kratom, a botanical product derived from the leaves of Mitragyna speciosa, has been used in Southeast Asia for centuries, with...
Continued Excellent Results from Jasper Hills with Initial Fish Deposit Assays up to 45 g/t Gold
HIGHLIGHTS Brightstar’s Managing Director, Alex Rovira, commented “The assays returned from Fish confirm the high-grade nature of the resource, with consistent mineralisation over several metres providing support for conventional underground mine designs and stoping widths at shallow depths. With the current Jasper Hills drilling program ending within a week2, on-going geological interpretations are being completed...
Nordic Nickel Limited (ASX: NNL) – Trading Halt
Description Issued by ASX Compliance source
Rhyolite Ridge Project Advances After Ioneer Receives Final Environmental Impact Statement
In a Friday (September 20) press release, the company said Nevada-based Rhyolite Ridge is the first lithium project to reach this stage of the environmental permitting review process under the Biden administration. According to Ioneer, the asset will increase the nation’s lithium supply by four times, reducing reliance on foreign sources, and will create hundreds...
BHP and CBE Sign Letter of Intent to Explore for Tier 1 Copper-Silver Deposits in Botswana
The Proposed Transaction underscores Cobre’s confidence in the potential for its projects to host Tier 1 copper-silver deposits. A partnership with BHP would provide the exploration scale and expertise to maximise our chances of making significant new discoveries on our basin margin exploration ground while retaining 100% ownership of our Ngami and Okavango Copper Projects...
US Government Funding Update
The DoD grant application is designed to provide near-term funding for an accelerated Feasibility Study and associated drilling and testwork at the Company’s McDermitt Lithium Project (currently the largest lithium deposit in the US2), whilst the DoE grant application was for longer-term funding for engineering, procurement, construction and development of a lithium processing facility at...
BHP Contributes C$250,000 for Conservation of Saskatchewan's Meewasin Valley
Located in Saskatchewan, Canada, the Meewasin Valley is one of the country’s most important natural landscapes. BHP said it will contribute a total of C$250,000 to the conservation efforts, adding that the funds will allow the Meewasin Valley Authority to plant an additional 5,000 native trees, shrubs and grasses per year. The money will also...