Category: investingnews

The United Arab Emirates (UAE) announced the temporary suspension of operations at 32 gold refineries as part of a sweeping effort to combat money laundering and related financial crimes. The UAE is one of the world’s largest gold-trading hubs, with 7,000 traders of precious metals and stones. The suspended refineries, which account for roughly 5...

Highlights: He brings over a decade of experience with industry leader Metso Outotec, in various technical and senior management roles, covering all major commodities including lithium, rare earths, gold, and base metals. Mr Walshe has extensive expertise in process design, metallurgical flowsheet development, and structuring project finance packages for junior miners via export credit funding....

In Western Australia, a strip of land in the southern rangelands, about 450 kilometres from Perth, has both a rich history and rich future mining potential. The Yalgoo region, also known as the Yalgoo Goldfield, has a history of gold prospecting and productive mines. Now, new technology-enabled discoveries are making the area of interest again,...

The update shows a significant increase in tonnage and contained total rare earth oxides (TREO) compared to the company’s previous mineral resource and ore reserves estimate, which was released in 2018. The improvement is the result of 84,000 metres of drilling completed since the earlier estimate was published. The new estimate shows an increase of...

Description Issued by ASX Compliance source

The successful SPP Shortfall Placement follows the Company’s oversubscribed A$17 million placement announced on 13 June 2024. Aurum’s Managing Director Dr. Caigen Wang said: “Following numerous expressions of interest we are delighted to be able to provide the opportunity for investors to participate in the SPP shortfall. The additional funds will be applied to our...

The precious metal silver is often compared to gold, and is important in jewellery and as a safe haven. Unlike gold, silver also has many industrial uses, including in the production of electronics, automobiles, medicine and photography, and, of course, silverware. Energy transition applications are a growing demand sector for silver — the metal is...

The first RC hole has commenced at tenement 833405/2023, as shown in Figure 2. This area has a concentrated cluster of surface sample results averaging approximately 2500 ppm TREO. This drill hole is situated about 1 kilometer north of the KP Fértil Mine operated by Harvest Minerals. The initial set of drill holes is anticipated...

Managing Director Blake Burton talked to the Investing News Network about the driver for this business strategy. “There’s all these investments coming through. All these (small- and medium-sized) businesses are supplying to defence, (and) manufacturing for defence. But, for lack of a better word, they’re clueless when it comes to cybersecurity, protecting their data, making...

The Entitlement Issue was offered to persons registered as a holder of Company Shares as at the Record Date with a registered address in Australia or New Zealand as identified in the Prospectus dated 10 July 2024 (Eligible Shareholders). Eligible Shareholders were also able to apply for additional New Shares and Attaching Options not subscribed...