Category: investingnews

April was a game-changer for the cannabis industry. After deliberating for almost five months, the Drug Enforcement Administration moved to reschedule cannabis as lawmakers worked to combine the SAFER Banking Act with newly introduced stablecoin legislation. Meanwhile, controversy struck as legal cannabis was seized in New Mexico, Canada’s Federal Budget 2024 was released with no...

Highlights Rimfire’s primary objective is to build a globally significant scandium resource inventory at our Fifield and Avondale Projects. The Murga intersections announced today in conjunction with the upcoming Melrose resource are the first components in satisfying that objective. Rimfire offers unique ASX exposure to scandium and we feel that the shallow mineralisation which occurs...

Description Issued by ASX Compliance source

Highlights The total includes $1,211,907 received by way of acceptances from shareholders and $1,250,207 received from the shortfall shares placed to existing shareholders and by the lead manager and Underwriter, Mahe Capital Pty Ltd (Mahe Capital). The Company will issue 82,070,455 new fully paid ordinary shares (Shares) and 41,035,227 new options (subject to rounding) exercisable...

HIGHLIGHTS Concurrently with this infill program at Menzies, Brightstar will also take advantage of operational synergies and drill the St Francis prospect, located 1.5km north-west along strike of the Selkirk deposit which was recently the focus of a successful mining joint venture which generated $6.5M profit to Brightstar. Additional RC & DD drilling has been...

Highlights: “Our first shipment of Copper Sulphate with our 100% offtake partner, Kanins International, is a significant step towards recommencing commercial steady-state production and reflects a coalescence of over two years of work in recommissioning this plant. We now look towards moving into a more regular rhythm of shipments being completed. “Recent Copper price improvements...

Zijin will pay US$245 million cash upfront and grant Pan American a life-of-mine gold net smelter return royalty of 1.5 percent for the La Arena II project upon the deal closing. Additionally, upon the commencement of commercial production from the La Arena II project, an additional contingent payment of US$50 million in cash will be...

Stay informed on the latest developments in the tech world with the Investing News Network’s round-up. Unlike US-based spot Bitcoin ETFs, which can only be bought with dollars, Hong Kong’s spot crypto products permit investors to purchase ETFs with crypto and sell them for cash, or buy ETFs with cash and redeem them for cryptocurrency....

Zijin will pay US$245 million cash upfront and grant Pan American a life-of-mine gold net smelter return royalty of 1.5 percent for the La Arena II project upon the deal closing. Additionally, upon the commencement of commercial production from the La Arena II project, an additional contingent payment of US$50 million in cash will be...

Rio Grande Sur lithium project spans an area of 9,260 hectares on the Rio Grande Salar and is adjacent to several operating lithium mines and development operations, including Acradium Lithium’s Fenix lithium mine and the Olaroz lithium mine. ​Pursuit is also focused on the production of lithium carbonate to meet the supply side response to...