Category: investingnews

Dr Gotov (pictured right), CEO of Mongolian Mining Corporation since May 2010, received a master’s degree in science and a PhD in organic chemistry from Comenius University in Slovakia. He started working as an assistant professor at the university before entering the brewing industry and then moving into mining. Richard Roberts: You have been involved...

Highlights The Raya Prospect is defined as a structural high against an east-west fault within the Zorritos Formation, the primary reservoir in the basin, with a combined 46km2 structural and stratigraphic trap with shales overlying the Zorritos Unconformity providing a regional seal1 (Figure 2). The Company notes that results from the adjacent Delphin and Barracuda...

The deal, set to be completed in the first half of 2025, will be financed with 75 percent cash and 25 percent stock. ZT Systems is known for its expertise in designing and deploying large-scale data center infrastructure. The company’s systems are used by major hyperscale computing providers, making it a key player in the...

Highlights: Auger drilling has delineated priority targets within zones A, B and C totalling >16km of shear zone within the corridor for staged follow-up exploration (Figure 1). With receipt of additional auger assays pending and integration of results with geophysical and mapping datasets, air core drilling to oxidation base in fences 400m apart will be...

The deal will give Pilbara Minerals ownership of Latin Resources’ flagship Salinas lithium project. It implies a value of AU$0.20 per Latin Resources share based on Pilbara Minerals’ August 14 closing level of AU$2.85. That represents a 32 percent premium to Latin Resources’ 30 day volume-weighed average price of AU$0.151 per share. In total, Pilbara...

The stock market recovered this week as inflation data bolstered interest rate cut expectations in the US. The same couldn’t be said for cryptocurrencies, with Bitcoin and Ether struggling to break past resistance levels. Stay informed on the latest developments in the tech world with the Investing News Network’s round-up. The markets opened with muted...

AuKing Managing Director, Paul Williams said AuKing is looking forward to proceeding with its Stage 2 drilling program at Mkuju, after the initial Stage 1 activities in late 2023 identified potential significant areas of uranium mineralization. “The planned maximum 75 drill hole (11,000m) air core/RC drilling program at Mkuju is expected to commence within the...

“These results are further examples of the type of exceptional results we are now seeing from the Great Bear Project. As the exploration programme expanded outwards from the central airstrip “camp zone”, the scale of the opportunity we have before us can now be seen. Consistent & numerous high-grade Copper, Gold and Silver occurrences continue...

Wendy Hodgetts, safety manager at the Rosebery zinc-copper mine in western Tasmania, gave a warts-and-all deep dive on the historic mine’s introduction of a state-of-the-art operator alertness system (OAS). Senior Gold Fields operations leader, Michael Place, provided equally eye-opening insights into the gold major’s digital and automation journey in Australia. Mining’s need to accelerate learning...

Specifically, the research program will target the harmful Karenia brevis (K. brevis) algae, a significant threat to the Gulf Coast of Florida. The toxins associated with K. brevis algae are the primary cause of Florida’s battle with Red Tide, which in 2018 cost the state US$2.8 billion (~A$4.3 billion AUD) of tourist revenue following a...