Tag: investing news

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...

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...

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...

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...

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...

“A US listing has been our goal for a long time as the logical next step with our flagship Estelle Gold Project being a North American asset and an increasing US investor base,” Nova Minerals CEO Christopher Gerteisen said. “Now it’s a reality, and we believe this can be a catalyst to create further shareholder...

Highlights The Company plans to focus efforts on continued exploration activity in Côte d’Ivoire where work continues at: Many Peaks’ Executive Chairman, Travis Schwertfeger commented: “Our decision to divest the gold assets and terminate option agreements in Queensland allows us to reallocate resources to key projects in Côte d’Ivoire, where we see greater size and...

As announced on 14 February 2023, the Company initiated the process to obtain a secondary listing on the Nasdaq Capital Market. Due to market conditions, the Company subsequently delayed the process. As announced on 25 June 2024, as part of a A$70 million capital raising, the Company agreed with certain US institutional investors to seek...

Highlights: The Company’s flagship asset is the Barimaia JV Gold Project (“Barimaia”), located in the Murchison region of WA, which represents an advanced exploration project with significant historical drilling results. Ordell acquired its 80.2% interest in Barimaia from Genesis Minerals Limited (ASX: GMD) (“Genesis”), which is now a major shareholder of Ordell with an 8%...

HIGHLIGHTS Commenting on the acquisition Managing Director Mr Mathew Walker stated, “We are delighted to have secured a significant land holding that has prospectivity confirmed by a strong presence of artisanal mining activity. Uganda has a well established gold mining industry and regulatory protocols that add to the appeal of the acquisition. We look forward...