Its ore reserves now total 1 million ounces of gold, representing growth of 105 percent in the last 12 months. This increase has allowed the company to boost its annual output guidance to 200,000 ounces, up from 100,000 ounces. Catalyst states that because of the infrastructure it has available, increasing its gold production will require...
Tag: investing news
Biren Technology Embarks on IPO Path Amid US Trade Sanctions
The IPO preparations, referred to as the “tutoring” process, are mandatory for companies in China before they file for a public listing. The news outlet notes that this phase typically lasts between three and 12 months, depending on the complexity of the company’s business and its compliance with regulatory requirements. Biren Technology was founded in...
Linius Technologies: Game-changing, Data-driven Personalized Video Content for the Sports and Broadcast Industry
Linius Whizzard, the company’s flagship product, offers a suite of tools designed to transform static video content into dynamic, interactive experiences that cater to the individual preferences of viewers. Whizzard Highlights: Automates the creation of highlight packages, saving time and resources for content creators. Whizzard Captivate: Enables the creation of personalised video streams, enhancing viewer...
John Kaiser: Gold Price Trigger, Junior Miner Challenges, 4 Stocks I'm Watching
John Kaiser of Kaiser Research shared his thoughts on gold, honing in on why interest in gold and gold stocks remains relatively low even though the metal has been trading at or near all-time highs. In his view, part of the issue is the disappearance of the traditional gold bug — Kaiser explained that this...
Federal Court of Australia Approves Transformational Acquisition of Base Resources
As previously announced on April 21, 2024, under the Scheme, Energy Fuels will acquire 100% of the issued shares of Base in consideration of the issuance by the Company of 0.026 Energy Fuels Common Shares for every Base share held and the payment by Base of a special dividend of AUD $0.065 per Base share....
What is an Offtake Agreement? (Updated 2024)
Offtake agreements play a critical role in obtaining project financing for high capital expenditures, such as manufacturing plants or processing facilities. From early-stage enterprises to more mature businesses, cash flow challenges can make it difficult to secure loans to finance infrastructure projects. This type of contract can go a long way to mitigate risk in...
Testing Confirms Potential for Significant Antimony Production from the La Demajagua Gold-Silver-Antimony Mine, Cuba
BGRIMM, which is a leading Chinese engineering group specialising in the design and construction of roasters to oxidise refractory gold concentrate, carried out the test work over a 9 month period to demonstrate the technical viability and design parameters for a processing facility that will include a two-stage fluidised-bed roaster, an acid plant and CIL...
Trek Metals to Sell Pilbara-based Hendeka Manganese Project to AEFI
Under the agreement, AEFI has the option to acquire the project as part of a proposed US listing by paying AU$450,000; it will also make certain payments, and will solely fund AU$2 million worth of exploration. Other conditions include an option fee of AU$50,000, AU$25,000 of which has already been paid by AEFI. Trek said...
MCA Announces Women in Resources Award Winners
A former mining opponent, a brilliant materials engineer and a respected leader in the male-dominated offshore drilling space are among the winners of Australia’s 2024 Women in Resources National Awards announced in the nation’s capital this week. Queensland University of Technology PhD student and BHP portfolio lead Ashara Moore followed up her Exceptional Young Woman...
Artemis and Anax Enter MOU to Explore Pilbara Copper and Gold Opportunities
Additionally, they will to look into the potential for Artemis to explore gold mineralisation on tenements held by Anax. “We are thrilled to collaborate with Anax Metals on the Pilbara copper alliance via this MoU and expand our own potential for gold exploration,” said George Ventouras, executive director of Artemis. “The West Pilbara region of...