Category: investingnews

Gold’s record move above US$2,400 per ounce has sparked much discussion about price drivers. Speaking to the Investing News Network, Ross Norman of MetalsDaily.com explained China’s key role in the metal’s increase. To start, he noted that the buying that took gold to the US$2,050 or US$2,100 level was largely high-quality purchases from central banks,...

Description Issued by ASX Compliance source

HIGHLIGHTS Brightstar’s Managing Director, Alex Rovira, commented “The recommencement of ore haulage activities at Second Fortune is exciting to see as the team builds momentum towards the steady state production rate of 12,000 – 15,000t per month by the September quarter 2024, which was the previous mining rate at Second Fortune. Whilst the operational Linden...

Highlights Siren Managing Director and CEO, Victor Rajasooriar commented: “Drilling at Siren’s Auld Creek target within the Reefton Project continues to exceed geological interpretations with higher widths and grades than initially expected. The current MRE from Auld Creek is defined solely from the initial fraternal shoot drilling. Over the coming months we expect the results...

Tara, operated by the Sweden-based mining company, is an underground zinc and lead mine with a production capacity of 2.6 million metric tons (MT) per year, making it the largest zinc mine in the continent. Located in Navan, Ireland, the Tara mine’s reopening follows its closure in July 2023 due to a combination of challenges,...

Trailbreaker is currently planning its 2024 exploration activities for Swan, including an induced polarization (IP) survey covering a strong multi element geochemical anomaly coincident with argillic alteration. The survey is designed to identify any chargeability and resistivity features potentially associated with mineralized alteration zones. As porphyry deposits often form in clusters, additional surface exploration will...

Highlights Managing Director, Mark English, said “BML are wrapping up the first gold campaign of the year from Jeffreys Find. “It looks good and will create millions of dollars in gross revenue for our joint venture. “BML are currently stockpiling ore at the mine and at the mill. The next processing campaigns at the mill...

HIGHLIGHTS Premier1’s Non-Executive Director Anja Ehser commented: “We are delighted to appoint Jason as Managing Director. Jason is the former Business Development Manager of Liontown Resources where he has played a leading role in generating a pipeline of new major lithium and battery metals projects in Australia. He brings tremendous experience and expertise in assessing...

Payables for these concentrates have been received from the two international commodity traders the joint venture is negotiating with to establish an off-take agreement. HIGHLIGHTS OF FINANCIAL ANALYSIS FOR STAGE ONE OF THE NUEVA SABANA MINE: The Chairman of Antilles Gold, Mr Brian Johnson, commented that “even though the first stage of the Nueva Sabana...

About Carmanah Minerals Corp. Carmanah Minerals Corp. is a Canadian junior exploration company focused on a diversified portfolio covering Precious Metals, Energy, and Critical Elements. The Company recently signed a Joint Venture agreement with Marvel Discovery Corp. to earn a 50% interest in the Walker Uranium Claims located along the prolific Key Lake fault adjacent...