Category: investingnews

HIGHLIGHTS Overview A recently completed field trip, undertaken as part of the due diligence, has confirmed the very high prospectivity of the project area for company-making copper resources. This field examination, undertaken in late July, and while only preliminary in nature, has delineated the Odyssey and the Ford prospects within the Pearl project area as...

The 580km² project(2) covers the entirety of the Cosmo-Newbery Greenstone Belt and is located approximately 85km north-east of Laverton in a region known for its prolific gold endowment. As one of the last effectively unexplored greenstone belts in Western Australia, the Project presents a unique and compelling opportunity for the Company. Highlights Sarama’s President, CEO...

Highlights An independent structural engineer provided confirmation that the walls of the test build were consistent with the design and met applicable building standards. Completion of Site Acceptance Testing triggered a US$600,000 payment by CRH Ventures to FBR and the commencement of the Demonstration Program. The Demonstration Program requires FBR to construct the external walls...

Highlights: Nicole Galloway Warland, Managing Director of Thor Energy, commented: “The Directors are delighted that the Stage 1 Commitment has been completed and that Fram is progressing with developments on this exciting tungsten/molybdenum deposit. The increase in the mineral resource endowment is underpinning feasibility work at Molyhil. “The commitment shown by Fram in diligently working...

Highlights: There is a well-established connection between mental health conditions, such as depression, and sleep disturbances. People with insomnia may have a tenfold higher risk of developing cMDE and among people with depression, 75% of sufferers have trouble falling or staying asleepi. Furthermore, misdiagnosis of major depressive disorder is estimated at upwards of 65% in...

Peter Grandich of Peter Grandich & Co. shared his updated thoughts on the resource sector now that the year is more than halfway through, honing in on gold’s price drivers and path forward in 2024 and beyond. Notably, he sees much higher price levels for the yellow metal in the years to come. “I was...

Burgundy is required to post security with key government agencies to ensure reclamation is completed across its mining properties, as required by relevant legislation in Canada and the Northwest Territories. The security is provided in the form of either cash, letters of credit or surety bonds, or a combination of these. Significantly, Burgundy can confirm...

With investors placing increasing value on environmental, social and governance (ESG) issues, mining companies are having to choose between maintaining competitive production and promoting ESG principles. The report begins with a refresher on Australia’s ESG frameworks at both the state and federal level. While these initiatives underscore a commitment to responsible mining practices, they are...

The company’s net earnings rose by 25 percent to reach US$370 million, driven by an increase in its attributable EBITDA margin, which climbed 17 percent from the previous quarter to hit 48 percent. Operating cashflow came to US$1.16 billion, while free cashflow totaled US$340 million. Barrick’s earnings per share increased by 24 percent to reach...

AuKing’s Managing Director, Mr Paul Williams, advised that the Company’s Chairman, Mr Peter Tighe had acquired the loan facility rights from Evolution Capital Pty Ltd and agreed to provide a further four month extension of time for the loan to be repaid by the Company. He said this was a significant show of support in...