Category: investingnews

Australia is currently tied with Russia for second place in global gold production. With gold’s price trading at historic highs, it’s a good time for investors to find out more about gold mines in Australia. Read on for a look at where gold is mined in Australia and how much gold is produced at the...

In a Wednesday (September 4) release, the company shared updated resource estimates for the project’s Tom and Jason deposits, as well as maiden resource estimates for the Boundary Zone and End Zone deposits. The entire Macpass resource estimate now encompasses 56 million metric tons at 7.27 percent zinc equivalent in the indicated category, and 48.48...

First gold was produced at Tropicana in 2013 after the site was discovered in 2005. The area currently contains four known mineralised zones: Tropicana, Boston Shaker, Havana and Havana South. According to Regis, the underground Havana project will fall below the Havana open pit, which is now in production. Once it starts up, Havana will...

“Declaring maiden Scandium Mineral Resources for Melrose and Murga North is an important first step in achieving our objective of building a globally significant scandium resource inventory at Fifield,” said Managing Director David Hutton. While Melrose is largely “closed off,” the Murga area is open to the west and south. Hutton noted that the company...

Safe Superintelligence (SSI), a startup co-founded by former OpenAI Chief Scientist Ilya Sutskever, has secured US$1 billion in seed funding to develop advanced artificial intelligence (AI) systems focused on safety. The funds will be used to acquire computing power and recruit top engineering and research talent. Currently, SSI has 10 employees and operates out of...

Key Points Don Smith, Managing Director of Tempest Minerals, commented: “Despite some challenges, we’ve commenced drilling at Remorse. Our methodical approach to exploration has led us to this point, and we are excited to be testing the potential of this promising copper target. We look forward to updating shareholders as results become available.” Yalgoo Project...

Highlights: In addition, the Company is pleased to announce a 1 for 4 non-renounceable entitlement offer to raise up to A$13.3 million at the same price as the Placement (the Placement and the Entitlement Offer together being the Offer). Galan’s proposed offtake partner1, Chengdu Chemphys Chemical Industry Co., Ltd (Chemphys) or designated affiliate, has agreed...

Description Issued by ASX Compliance source

Highlights: In addition to the Note Facility and Placement, the Company has entered into a standby equity facility with Eli Capital Pty Ltd (Eli Capital) with up to $1.5 million worth of standby equity capital available to the Company at its discretion over the next 18 months (Equity Facility). The aggregate of this capital raising...

Anax’s Managing Director, Geoff Laing, commented: “We are extremely pleased to be working with Artemis on potential copper/gold production via the planned Whim Creek hub and to advance gold exploration opportunities at the project. Our region is prolific with copper and gold potential, and we look forward to applying the key strengths of our respective...