The collaboration was announced on Thursday (September 26) and has three main objectives. The organizations will explore potential joint initiatives related to the processing and supply of rare earth materials, and will discuss the use of the SRC’s rare earths separation technology for Defense Metals’ products. They also plan to pursue negotiations for a long-term...
Category: investingnews
Chilean Government Prioritises Laguna Verde for CEOL
The Government has prioritised six salt flats for lithium development, including Laguna Verde the Company’s flagship project, as having the most favourable conditions to advance lithium exploration and extraction. The Ministry of Mining will award one CEOL per salt flat with companies only considered if they meet certain criteria. Highlights: Steve Kesler, Executive Chairman and...
High Grade Manganese Discovered at Wandanya
Black Canyon’s Managing Director Brendan Cummins said: “It was exciting to be back on the rig and drilling the first holes into the W2 prospect. With each hole drilled we began to build a picture of the distribution, thickness and internal structure of the mineralisation. What was of particular interest was the consistency of the...
Rumble Welcomes New Strategic Investor
Peter Harold, Managing Director and CEO commented “We are privileged to have one of the largest mining contractors in India, through an associate company, become a significant shareholder in Rumble. BGR Mining & Infra Limited (BGR) have been keen to expand their activities outside of India and we are delighted they have chosen to make...
Completion of Penny South Gold Project Acquisition
– The Penny West mine produced 154,000t at 18g/t Au (89,000 Au) in the early 1990’s3 – The Penny North deposit of 569,000t at 16.8g/t (306,000oz) was discovered by Spectrum Metals Limited and subsequently subject to takeover by Ramelius for >$200M during 20204 , with the deposit now being mined and extended Commenting on the...
Flynn Secures $140,000 in Grant Funding for Drilling at Golden Ridge
The successful applications will support exploration drilling targeting new zones of gold mineralisation at the Company’s flagship Golden Ridge Project, located in north-east Tasmania (see Figure 1). Commenting on the EDGI grants, Flynn Gold Managing Director & CEO, Neil Marston, said: “We are delighted to have received such strong support from the Tasmanian State Government...
KPMG: Building New Mines an "Uphill Struggle," but Execs Positive on Sector Long Term
The survey, which gathered insights from 100 mining executives worldwide, primarily in Canada, highlights challenges related to regulatory compliance, community engagement, environmental concerns and access to capital. The report indicates that while nearly 80 percent of mining leaders are optimistic about the industry’s growth prospects over the next five years, their ability to bring new...
Brien Lundin: Gold Price Moving, Which Stocks Will Give the Most Torque?
Speaking to the Investing News Network, Brien Lundin, editor of Gold Newsletter, gave his thoughts on gold’s recent price activity, including which stocks are likely to provide the most torque on its move. “The place to be right now I think for the most torque on this move in gold is really the silver junior...
Moho Resources Company Update
Weld Range North Project (E20/1012) The Company is pleased to advise that the full-scale tenement soils sample survey over the Weld Range North project has been completed with assays pending (Fig 1). This work follows the orientation soil sample survey that was completed in 2023 (MOH ASX 23rd Aug 2023; Anomalous Soils Enhance Ni Prospectivity...
Highfield to Fund Muga Potash Project Construction via Transactions Worth US$220 Million
Highfield will raise US$220 million in equity capital through Yankuang Energy, the strategic investors and other entities. They will receive new shares at AU$0.50 each, a 64 percent premium above the company’s last closing price. Yankuang Energy, Beijing Energy and Singapore Taizhong have respectively agreed to subscribe for up to US$90 million, US$50 million and...