Tag: investing news

HIGHLIGHTS Firebird Managing Director Mr Peter Allen commented: “ This agreement with Sunward, which is a leading engineering and research design company in China, is further validation of the excellent and sector leading work that our team in China are executing. Further, Sunward is a great example of the high-quality calibre of the partners we...

The study, which provides a comprehensive analysis of Africa’s artisanal and small-scale gold production, reveals that at least 435 MT of gold, worth approximately US$31 billion at current prices, was smuggled out of the continent that year. “Our study concerns a phenomenon that is already known, but whose magnitude we could only imagine until now,”...

With Bitcoin and other digital stores of wealth gaining popularity, Bitcoin mining stocks offer another investment opportunity for those who believe in the future of this technology. Although the cryptocurrency market is marked by high volatility, analysts such as Peter Eberle, president and CEO of Castle Analytics, believe it could be a rewarding sector for...

Highlights Background The Lyell Goldfield is located 40kms north of Reefton (Figure 2), where gold bearing quartz lodes were historically worked over a continuous strike length of 5kms. The Lyell Goldfield is the northern extension of the Reefton Goldfield that produced 2Moz of gold at an average recovered grade of 16g/t. The project overlays the...

Meanwhile, voluntary cuts of 2.2 million bpd declared in November 2023 will continue until the end of September 2024, after which they will be gradually phased out on a monthly schedule by September 2025. Oil prices have been volatile in 2024, with Brent crude, a global benchmark, hovering around US$80 per barrel. This price level...

Privately owned critical materials company Wyloo announced on May 29 that it has secured a parcel of land in Sudbury, Ontario, to construct Canada’s first downstream battery materials processing facility. The project is geared at bridging a gap in the conversion of raw materials to battery-grade chemicals for Canada’s electric vehicle (EV) supply chain, while...

Tennant Creek copper with existing resource and potential restart option of existing open pit. Exploration portfolio including mature copper targets at Tennant Creek, drill ready Lithium targets at North Dam project (located within 25km of Mt Marion lithium mine) and greenfield exploration ground in the exciting West Arunta province in proximity to WA1’ s recent...

The Raya and Bonito prospects are large features in the Zorritos Formation, which present structural closure at multiple levels and the potential for stacked pay with multiple Zorritos reservoir-seal pairs present. Based on analysis of surface outcrops, cuttings and core samples from previous wells published by Perupetro (the Peruvian national oil regulator), there are numerous...

Prospectus for the: (i) offer (Offer) of a fully underwritten pro rata non-renounceable entitlement issue of approximately 48,005,533 fully paid, ordinary shares in the capital of the Company (FPO Shares) at an issue price of $0.025 per FPO Share to Eligible Shareholders on the basis of three (3) new FPO Shares for every five (5)...

Astral Resources’ Managing Director Marc Ducler said: “The Kamperman Prospect continues to grow ahead of the delivery of a maiden Mineral Resource, which is expected to be announced in the latter half of the year. Shallow RC drilling is a cost-effective and efficient means of exploration, especially when two-thirds of our drill holes are intersecting...