Category: investingnews

According to the company, the ore reserve for Bluebird – South Junction has increased by 233 percent and now stands at 3 million tonnes at 2.8 grams per tonne (g/t) gold for 277,000 ounces of the yellow metal. South Junction contributed 2.6 million tonnes at 2.7 g/t gold for 225,000 ounces of gold. Westgold said...

HIGHLIGHTS MANAGEMENT COMMENT Managing Director, Mark English, said: “Total gross gold sales for 2024 have now been received by the Joint Venture at just shy of $3,700 an ounce. It’s a very satisfying result and reflects the surging gold price. “Over the coming month, Jeffreys Find Gold Mine is expected to generate around $25.0 Million...

Marble Bar A 120-sample stream sediment programme was carried at the Marble Bar Project to determine the Project’s potential, and whether the geochemical sampling results warranted further exploration activities. The results of this programme indicated only weak metal anomalism, and no further exploration activities are warranted. Murchison A review and field evaluation, reported previously, were...

SWC drill hole identification numbers provided on page 2 of the previous announcement have been corrected, and also Figure 3 (on page 5) has been updated to correctly refence the drill hole numbers Holes SWDD002 and SWDD003 were extended to test the lower Tiers 2 and 3 (Figure 3) but only minor uranium mineralisation was...

Mr Healy was appointed as an Executive Director of the Company on 29 November 2023, having previously held the role of General Manager – Exploration since November 2022. Mr. Healy’s appointment as CEO reflects his successful oversight and management of the Company’s key projects in North America and Australia, particularly over the past year. With...

Highlights: Executive Director George Ventouras commented: “We remain excited by the gold prospectivity that our tenements continue to deliver. The re-focus of exploration efforts and strategy on a tenement wide scale is continuing to deliver evidence of multiple new zones for gold mineralisation, which we believe could contain the potential for large scale deposits. The...

Six First Nations in Northern Ontario initiated a court challenge against the province’s mining act last week, claiming that it infringes on their treaty and constitutional rights. The challenge comes at a time when investors are keenly watching the province’s mineral-rich areas, particularly in light of Ontario’s push for critical minerals essential to the electric...

JSW Steel will make the acquisition by way subscribing to non-voting Class B shares for an investment of US$120 million. M Resources said it will maintain voting rights and management control of the joint venture. A further US$50 million investment from JSW Steel to M Res HCC (NSW) is also included in the investment terms....

About 4 million metric tons of cyanide-laden rock collapsed at Eagle on June 24, releasing around 2 million metric tons of contaminated material into the surrounding environment, extending beyond the mine’s containment zone. The mine, which is situated on the traditional territory of the First Nation of Na-Cho Nyak Dun, has since become the center...

This dividend is designated as an “eligible dividend” for Canadian income tax purposes. About Source Rock Royalties Ltd. Source Rock is a pure-play oil and gas royalty company with an existing portfolio of oil royalties in southeast Saskatchewan, central Alberta and west-central Saskatchewan. Source Rock targets a balanced growth and yield business model, using funds...