HIGHLIGHTS Tony Sage, Executive Chairman of EUR said: “This is another huge milestone for the Wolfsberg project following on from the recent $US15m commitment made by BMW. We now have two very dedicated partners to ensure we fulfil our ambition of becoming the first European producers of both spodumene and hydroxide. Now after these key...
Tag: investing news
Tartana Minerals: Copper, Gold, Silver and Zinc Producer, Explorer and Developer in Far North Queensland, Australia
Tartana Minerals’ business model includes refurbishing an existing heap leach – solvent extraction – crystallisation plant which is located on the Tartana mining leases. The refurbishment and commissioning of this plant are now completed and the company is producing copper sulphate pentahydrate which is sold to offtaker, Kanins International. Copper sulphate is priced on a...
Nordic Nickel
Nordic Nickel presents investors an opportunity to gain exposure to the European Union’s critical minerals play, with its highly prospective nickel deposit at its flagship Pulju project in Northern Finland – a tier 1 jurisdiction with a long mining history. Nordic Nickel’s 100-percent-owned flagship Pulju project already has a JORC-compliant mineral resource estimate of 418...
Heritage Mining Announces Closing of the Second Tranche of its Non-Brokered Private Placement of Units and Flow-Through Units
The Company raised an aggregate of $157,000.04 pursuant to Tranche Two, of which $107,000.00 was raised on the issuance of 2,140,000 units (“Units ”) and $50,000.04 was raised on the issuance of 833,334 flow-through units (“FT Units ”). Each Unit was issued at a price per Unit of $0.05 and is comprised of one common...
Triton Agrees to Divest 70% of Mozambique Graphite Assets for A$17 million cash
HIGHLIGHTS: Memorandum of Understanding to divest 70% of Triton’s Mozambique Graphite Assets Triton and Shandong Yulong have entered into a binding Memorandum of Understanding (“MOU”) whereby Triton has agreed to divest 70% of the entities that hold the Mozambique Graphite Assets to Shandong Yulong. Total proceeds of up to A$17 million pursuant to the Transaction...
Forte Minerals Corp. Announces Shares for Debt Agreement
The Common Shares issued pursuant to the Debt Settlement will be subject to a hold period of four months and one day from the date of issuance, under applicable securities laws in Canada. Closing of the Debt Settlement is anticipated to take place on or about July 9, 2024 and remains subject to receipt of...
First Diamond Drilling Results at Ricciardo Deliver High-Grade Gold Extensions
HIGHLIGHTS: This is the first diamond drill program at Ricciardo since 2014, when just three (3) diamond holes were drilled by the previous operator. The results reported in this release are for four (4) (255m) of the 16 (1420m) diamond holes drilled to date. Approximately 2,200m of diamond drilling is planned as part of the...
Potential Extension to 8 Mile Dam Gold Deposit Outlined by IP Survey at Gidji JV
Miramar’s Executive Chairman, Mr Allan Kelly, said the new IP anomaly was shallower than expected. “It appears the 8 Mile Dam deposit could continue for some distance to the north but has been offset by faulting, including at the tenement boundary,” he said. “The fact that we have multiple aircore holes ending in elevated gold...
Successful Placement
Highlights The proceeds of the share placement will be used to accelerate exploration of copper – cobalt targets at the Company’s 100% – owned Broken Hill Project and provide for general working capital. Commenting on the Placement, Rimfire’s Managing Director Mr David Hutton said: “We are thankful for ongoing shareholder support in this placement by...
Top 5 ASX Copper Stocks of 2024
Prices rebounded to an all-time high on the COMEX of US$5.20 per pound, or US$11,464 per metric ton, on May 20 on tightening supply and increasing demand from the transition to renewable energy. In the longer term, many market watchers see tight supply and higher consumption from sectors like the electric vehicle industry creating a...