Highlights EMU Non-Executive Chairman Peter Thomas commented, “In field progress and updates are extremely pleasing and thus incredibly exciting. The identified extent of the high-grade copper system at Fiery Creek is growing. What was already thought to have the makings of a massive multimillion tonne copper porphyry system, just keeps getting bigger.All indications are consistent...
Category: investingnews
E25 Optimises Plant Design as Butcherbird Expansion Accelerates Towards FID
The FS published in January 2024 outlined a compelling opportunity to expand production at the Butcherbird Mine to take advantage of the large resource base and increase commercial returns by increasing production to a nominal 1.1 Mt per annum of manganese concentrate at lower unit costs. The FS estimates a modest capital cost of $49.8M....
BPH Energy Ltd Raises $1 Million to Accelerate Funding of Hydrocarbon and Cortical Investments
HIGHLIGHTS Oakley Capital Partners Pty Limited (“Oakley Capital”) and 62 Capital Limited (“62 Capital” acted as Joint Lead Managers for the Placement. Oakley Capital and 62 Capital will be paid a cash fee of 5% on funds raised under the Placement and 12,000,000 BHPOB Broker Options (“Broker Options”) exercisable at $0.03 each with an expiry...
Further High-Grade Gold Success at Ricciardo
HIGHLIGHTS: GOLDEN RANGE FIELDS FIND Today’s results extend the high-grade shoot below the Ardmore pit and broaden the mineralisation envelope. Drilling continues to demonstrate the outstanding Mineral Resource growth potential that exists at Ricciardo and along the broader ‘Golden Corridor’ trend. Assay results from drilling carried out at the Fields Find Project late last calendar...
Statement of Executive Compensation – 2023
The following information is provided as required under Form 51-102F6 for Non-Venture Issuers, as that term is defined in National Instrument 51-102 – Continuous Disclosure Obligations for the financial year ended December 31, 2023. The Company reports its financial statements in United States dollars. Unless otherwise noted, all compensation described in this statement is awarded...
Successful Production of 51.8% TREO Mixed Rare Earth Carbonate from Cowalinya
“The 51.8% TREO mixed rare earth carbonate result exceeded my expectation, and the high proportion of magnet rare earths of more than 31% attests to its potential for premium commercial value. Nonetheless we still have work to do to reduce impurities to levels that are necessary to demonstrate product marketability. “Taken together with the positive...
Top Stories This Week: Gold Bars Fly Off Shelves in South Korea, Shipwrecked Silver Case Gets Settled
Gold and silver prices were on the move this week, with the former rising above US$2,370 per ounce on Friday (May 10), and the latter hitting US$28.67 per ounce that same day. Both pulled back slightly to finish. While 39 percent of US adults have a “great deal” or a “fair amount” of confidence that...
Australia Allocates AU$566.1 Million for Critical Minerals Exploration
“There is no nation on earth better placed than Australia to achieve our goal of moving toward a clean energy future,” remarked Prime Minister Anthony Albanese in a Wednesday (May 8) press release. “This investment highlights my Government’s commitment to building a secure and sustainable future for all Australians. By investing significantly in geoscience, we...
Rua Gold: An Emerging Gold Explorer in New Zealand’s Historical Goldfields
New Zealand has a rich history of gold production from orogenic deposits (+9 Moz), epithermal sources (+15 Moz), and alluvial deposits (+22 Moz). The country has low sovereign risk with no corruption, making it an attractive destination for mining investment. Rua Gold has launched a fully funded exploration program at its properties which includes a...
Apple Debuts AI-Powered iPads
Read on to learn about the company’s new products and how market participants reacted. Apple’s share price has been volatile this year as it lags behind its peers in artificial intelligence (AI) innovation. Apple’s share price opened this week at US$182.37 on Monday (May 6), and remained relatively steady leading up to the Let Loose...