Highlights: “Our first shipment of Copper Sulphate with our 100% offtake partner, Kanins International, is a significant step towards recommencing commercial steady-state production and reflects a coalescence of over two years of work in recommissioning this plant. We now look towards moving into a more regular rhythm of shipments being completed. “Recent Copper price improvements...
Tag: investing news
Pan American Makes US$295 Million Deal to Sell La Arena Mine
Zijin will pay US$245 million cash upfront and grant Pan American a life-of-mine gold net smelter return royalty of 1.5 percent for the La Arena II project upon the deal closing. Additionally, upon the commencement of commercial production from the La Arena II project, an additional contingent payment of US$50 million in cash will be...
Tech 5: Apple Reports Q2 Earnings, Hong Kong Debuts Spot Crypto ETFs
Stay informed on the latest developments in the tech world with the Investing News Network’s round-up. Unlike US-based spot Bitcoin ETFs, which can only be bought with dollars, Hong Kong’s spot crypto products permit investors to purchase ETFs with crypto and sell them for cash, or buy ETFs with cash and redeem them for cryptocurrency....
Pan American Makes US$295M Deal to Sell La Arena Mine
Zijin will pay US$245 million cash upfront and grant Pan American a life-of-mine gold net smelter return royalty of 1.5 percent for the La Arena II project upon the deal closing. Additionally, upon the commencement of commercial production from the La Arena II project, an additional contingent payment of US$50 million in cash will be...
Pursuit Minerals: Tier 1 Lithium Play in the Prolific Lithium Triangle in Argentina
Rio Grande Sur lithium project spans an area of 9,260 hectares on the Rio Grande Salar and is adjacent to several operating lithium mines and development operations, including Acradium Lithium’s Fenix lithium mine and the Olaroz lithium mine. Pursuit is also focused on the production of lithium carbonate to meet the supply side response to...
Far Northern Resources: Newly Listed Australia-based Gold, Copper Explorer
The company’s Empire Project is located 34 kilometres west of Chillagoe in North Queensland covering 252 hectares, on granted mining lease 20380. The claims boast a rich exploration history, marked by substantial drilling conducted across various phases. This culminated in the determination of a 2019 mineral resource estimate of 22,505 oz of gold on the...
Cannabis Round-Up: US DEA Proposes Rescheduling, Canada Ignores Company Tax Concerns
April was a game-changer for the cannabis industry. After deliberating for almost five months, the Drug Enforcement Administration moved to reschedule cannabis as lawmakers worked to combine the SAFER Banking Act with newly introduced stablecoin legislation. Meanwhile, controversy struck as legal cannabis was seized in New Mexico, Canada’s Federal Budget 2024 was released with no...
Top 3 Canadian Cobalt Stocks in 2024
The first months of 2024 saw cobalt take a bearish stance constrained by excess supply and eroding demand. Cobalt prices faced many headwinds at the beginning of the year pulling the value of the battery metal down by 2.01 percent between January and the end of March. After starting the calendar year at US$29,134 per...
Aether Global Provides Update on Management Cease Trade Order
On April 3, 2024, the Company announced that, for reasons disclosed in the news release, there would be a delay in the filing of its financial statements, annual information form and management’s discussion and analysis for the fiscal year ended November 30, 2023 (the “Annual Filings”) beyond the period prescribed under applicable Canadian securities laws...
Rio Silver Announces Grant of Stock Options
About Rio Silver Inc. Rio Silver is a resource development company that has been selectively identifying and acquiring precious metal assets that afford the best possible leverage and returns in anticipation of an increasingly more favorable precious metals bull market. Our Peruvian precious metal assets are wholly owned with no royalty obligations. The Ninobamba area...