Tag: investing news

HIGHLIGHTS COMMENT True North Copper’s CEO and MD Bevan Jones, said: “We are pleased to deliver an update to Vero’s contained resources, particularly an increase in silver, a metal which is currently seeing a supply-demand imbalance though demand in solar and other technology applications. This updated Resource also provides greater confidence in the deposit, following...

Despite this dip, the company achieved a base divided of US$20.3 billion for Q2, plus a performance-linked dividend distribution of US$10.8 billion. That puts it on track for an “industry-leading” total dividend of US$124.2 billion this year. Aramco’s dividends are critical for Saudi Arabia’s economy. The financial boost is crucial as the kingdom pursues ambitious...

RTEC is a Canadian subsidiary of the Rio Tinto Group (LSE: RIO, ASX: RIO, NYSE: RIO). The Legacy Lithium Project is located in Quebec’s Eeyou Istchee James Bay region (See “Lithium Neighborhood” Map below). As previously noted, RTEC will act as project operator under the Option Agreement during the First Option period and the Second...

The global transition to a green economy has been a boon for the cleantech market — it’s helping investment in renewable energy and clean technology continue to grow, allowing the sector to keep building momentum. Year-to-date gain: 105.05 percent; market cap: C$1.66 billion; share price: C$14.35 BIOREM is a cleantech engineering company that develops air...

Australian billionaire Gina Rinehart has become a formidable force in the global mining industry. After taking the helm of her father’s iron ore mining firm Hancock Prospecting in 1993, Rinehart embarked upon a diversification strategy that has vastly expanded her resource empire. Today, Australia’s richest person has investments in many of the world’s most strategic...

In an interview with the Investing News Network, O’Brien, who just came back from attending the Bitcoin 2024 conference in Nashville, Tennessee, said he is “very bullish” on the future of Bitcoin. “Bitcoin has been on this tremendous journey for the last 10 to 15 years … now we’re seeing it as an actual freedom...

Highlights Commenting on the announcement, Rimfire’s Managing Director Mr David Hutton said: “Rimfire is exploring throughout New South Wales for critical minerals that are associated with global decarbonisation strategies, such as scandium, PGEs, copper, and cobalt. While we remain firmly focussed on delivering a maiden scandium JORC resource at Fifield and Avondale, we are also...

Description Issued by ASX Compliance source

Under the agreement, which was announced on Tuesday (August 6), St. George will pay Itafos US$10 million in cash once the transaction closes and will issue Itafos ordinary shares representing a 10 percent stake. This will be followed by deferred cash payments to Itafos of US$6 million nine months after closing, and US$5 million 18...

The company said on Tuesday (August 6) that Energy Exploration Technologies (EnergyX) has made “an unsolicited, confidential, conditional, non-binding indicative proposal” for its Argentina lithium assets. EnergyX has proposed to pay US$50 million in cash for the assets, along with common shares that EnergyX values at US$50 million. Galan notes that EnergyX does not trade...