Tag: investing news

Highlights: The contract, which is valued at ~$18.3 million including an allowance for fuel and contingencies, provides for 2,350m of development to deliver twin decline access for the establishment of underground drilling platforms to in-fill and extend mineralisation across the Never Never, Pepper, Four Pillars and West Winds deposits. All of these steeply-plunging, high-grade gold...

HIGHLIGHTS The Lo Herma project area currently contains 880 drill holes and as previously advised on 2nd of May 2024, the planned 2024 drilling permit at Lo Herma allows for up to 57,000 ft (~17,000 m) spread across up to 76 drill hole locations including construction of up to 5 groundwater monitoring wells. This next...

HIGHLIGHTS The JMEI scheme encourages investment in small, Australian exploration companies that carry out greenfields mineral exploration and allows those companies to convert a portion of their tax losses into credits (franking or offset) to be passed on to “Eligible Shareholders”. Eligible Shareholders are entitled to receive JMEI credits and must be Australian resident shareholders...

HIGHLIGHTS Golden Range and Fields Find Projects, Western Australia Big Springs Project, Nevada Corporate Western Australian Projects The Golden Range and Fields Find Projects (the Projects) are located approximately 350 km northeast of Perth and 260 km east-southeast of Geraldton (refer Figure 1). The total consolidated land package of the Projects is 788 km2, extending...

Highlights Aurum’s Managing Director Dr. Caigen Wang said: “Preliminary gold recoveries meet our expectations and confirm gold at BDT1 is highly amenable to standard cyanide leaching. While further work is needed, these are very encouraging results. We are well funded following a recent Share Placement and Share Purchase Plan and rapidly expanding our drilling program...

All amounts are in AUD unless otherwise stated. Commencing in October 2024, annual revenues from the contract will represent an increase of over 25% on existing group revenues. In addition, as a result of previous efficiency improvements carried out at Black Birch to boost capacity, along with improved economies of scale from the expanded contract...

Speaking to the Investing News Network, Brien Lundin, editor of Gold Newsletter, explained what factors kicked off gold’s price run earlier in 2024, and what could drive it even higher as the year continues. He also shared his thoughts on why gold stocks haven’t yet moved as much as investors might have hoped. “When you...

“This approval allows us to progress the development, commercial, and engineering activities required to advance the project to Final Investment Decision targeted in 2027,” said Cameron Garnsworthy, SunCable’s managing director. Approval came from the Northern Territory’s government and the Northern Territory Environment Protection Authority. In terms of economic value, SunCable said AAPowerLink is anticipated to...

Tiros is located in Brazil’s Minas Gerais state, a leading iron ore, rare earths and phosphate jurisdiction. Its licence area covers roughly 450 square kilometres, including the most prospective portion of the Capacete Formation. The resource estimate stands at 1.7 billion tonnes, divided into 1 billion tonnes in the measured and indicated category, and 0.7...

Focusing on copper and rhenium, a silver-gray transition metal, the study aims to quantify the risks that earthquakes pose to supply — a variable that has not previously been systematically categorized. According to the study, many of the world’s largest copper and rhenium production facilities are located in regions prone to high seismic activity, such...