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“This is an important moment,” said Cyprium Executive Chair Matt Fifield. “This closing cements our strategic commercial partnership with Glencore, enables additional investment in the restart planning for our flagship asset, and extends the maturity of our senior secured debt to October 2028. Strategically, our offtake agreements give Cyprium access to Glencore’s downstream processing assets...

Permits for the drilling were obtained from both the Manlai and Mandakh soums (Districts) located within the Southern Gobi copper / gold belt. Woomera has completed the signing of the final Earn-In Agreement with Kincora Copper Limited (ASX: KCC) and can now commence drilling in early October. A Diamond Core programme of between 2250 and...

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It was another record-setting week for gold, which neared the US$2,700 per ounce mark on Thursday (September 26). The new milestone came only six days after the metal closed above US$2,600 for the first time. Market participants have also been keeping a close eye on silver, which tends to lag behind gold and then outperform....

A mix of economic data impacted Wall Street and the crypto market as the last full week of Q3 drew to a close. At OpenAI, executive departures and rumors about a restructuring have sparked speculation. Stay informed on the latest developments in the tech world with the Investing News Network’s round-up. Bitcoin and Ether remained...

The amount will be secured across two tranches, with Astral set to issue approximately 263 million new fully paid shares at AU$0.095 each. It has already raised AU$21 million via the first tranche. The second tranche is subject to shareholder approval, and is anticipated to bring in about AU$4 million. The company specified that the...

MSIP, a private infrastructure investment platform within Morgan Stanley Investment Management, paid Mineral Resources upfront cash consideration of AU$1.1 billion on Tuesday (September 24). While that payment marked the completion of the transaction, MSIP is required to issue an additional AU$200 million in cash if the haul road achieves a run rate of 35 million...

“Environmental requirements are getting unnecessarily more onerous, government agencies are inflexible to change and the burden placed on the asset is increasing,” the company said, adding that it may need to revisit the viability of the Ekati asset and focus on growth elsewhere should these problems continue. Burgundy said this outcome would be “tragic,” noting...

Under the deal, Astron has received Energy Fuels shares with a current market value of US$3.5 million. Energy Fuels has also provided an interest-free loan amounting to US$8.6 million to cover development costs dating from the execution of the joint venture to its effectivity. This has been converted into a roughly 3.2 percent equity stake...