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Board Approves Development of Boorara

Board Approves Development of Boorara

HIGHLIGHTS Commenting on the development of Boorara, Managing Director and CEO Mr Grant Haywood said:1 “Mining at Boorara is a significant milestone for the Company and will make Horizon the newest gold producer in Australia. We take great pleasure in welcoming our new members of Horizon including our business partners Hampton Transport Services and the...

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Q2 2024 Quarterly Report

Q2 2024 Quarterly Report

Quarter Highlights Managing Director Ivan Fairhall said: “The June quarter was an important one for Pivotal, where we delivered the first drilling results in over a decade on the Horden Lake project. Results fully validate our beliefs in the substantial upside potential at Horden Lake. Stepout drilling is complemented by DHEM to show that the...

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Completion of Myoff Creek Acquisition

Completion of Myoff Creek Acquisition

AuKing’s Managing Director, Mr Paul Williams, said now the acquisition has been completed the Company would take an aggressive approach to exploration at its new Myoff Creek niobium/REE project. “We are continuing to see strong interest from investors with companies seeking to develop critical minerals projects, especially niobium and rare earths. The Myoff Creek project...

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Termination of Exclusivity Deed

Termination of Exclusivity Deed

Norfolk Metals announces that the exclusivity period under the Exclusivity Deed has lapsed. Norfolk Metals has withdrawn its conditional, non-binding and incomplete offer in respect of the Proposed Transaction. Norfolk Metals was unable to complete the necessary due diligence and conclude negotiations of acceptable terms in respect of the potential transaction during the agreed exclusivity...

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Firm Commitments Received for ~$1.5M Placement

Firm Commitments Received for ~$1.5M Placement

Highlights: AI1 Managing Director Blake Burton said: “We’re delighted with the outcome of the capital raise which will allow AI1 to continue to build its existing underlying business of managed IT and cybersecurity applications for the defence industry supply chain. In addition, this inflow of capital will allow us to commit the required resources and...

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Newmont Reports Strong Q2 Financials Despite Production Challenges

Newmont Reports Strong Q2 Financials Despite Production Challenges

The US-based mining company produced 1.6 million attributable gold ounces and 477,000 gold equivalent ounces from copper, silver, lead and zinc. Its gold production was down 4 percent from the previous quarter due to operational suspensions at Cerro Negro and Telfer. Despite these setbacks, the company saw positive gains across the board. Financially, Newmont generated...

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​Tech 5: Spot Ethereum ETFs Debut, Tech Stock Faith Wavers

​Tech 5: Spot Ethereum ETFs Debut, Tech Stock Faith Wavers

Wall Street witnessed a turbulent week as tech stocks took investors on a wild ride that heavily impacted market indices and cryptocurrencies as well, highlighting the continued influence of the sector on the market’s overall performance. Meanwhile, Ethereum ETFs officially began trading, triggering surprising fluctuations in the price of Ether, and talks between Wiz and...

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Gold, Silver and Markets Up on Shrinking PCE Data

Gold, Silver and Markets Up on Shrinking PCE Data

When it comes to prices, the Bureau indicated a 0.2 percent decrease in goods compared to May, but this was offset by a 0.2 percent increase in the price of services. As for the more volatile segments, food saw a 0.1 percent increase while energy prices fell by 2.1 percent. How this will play into...

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Prismo Metals

Prismo Metals

Prismo Metals presents a compelling investment opportunity with its strategic focus on high-grade precious and base metal exploration in Mexico and Arizona, leveraging advanced technology and maximizing shareholder value through targeted asset development. Prismo Metals has three current exploration projects: Palos Verdes, Los Pavitos and Hot Breccia. The Palos Verdes property covers 22.77 hectares within...

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Queensland Government Launches Prospectus for Critical Minerals Investors

Queensland Government Launches Prospectus for Critical Minerals Investors

The Queensland Government shared a new Critical Minerals Prospectus, providing a comprehensive guide on what the state has to offer in the critical minerals sector. “Queensland is already renowned as a fast, easy and flexible mining jurisdiction to do business with,” the introduction reads. “However, the Queensland Government is doing more—actively advocating and supporting the...