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Metals and mining
Castillo Copper Limited (LSE: CCZ, ASX: NFM) Announces Progress on Exploration at Harts Range Project
December 06, 2024 06:45 PM AEDT| By Team Kalkine MediaHighlights:,500m long pegmatite identified at the Big Jay Prospect, showing potential for uranium, niobium, and HRE mineralisation.,High-grade rock chip assays from the first reconnaissance trip returned exceptional values for uranium, niobium, and r...
Rockfire Resources Raises £660,000 in Placing to Support Molaoi Zinc Project Development
December 06, 2024 06:44 PM AEDT| By Team Kalkine MediaHighlights,£660,000 Fundraising,: Rockfire Resources has raised £660,000 through a placing of 550 million shares at 0.12 pence each.,Focus on Molaoi Project,: Proceeds will primarily support the development of the Molaoi zinc/silver/lead/germanium pr...
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Nativo Resources plc (LON: NTVO) Signs Binding Agreement to Acquire Morrocota Gold Mine in Peru
December 06, 2024 06:43 PM AEDT| By Team Kalkine MediaHighlights:,Nativo Resources signs a binding term sheet to acquire Morrocota Gold Mine in Peru.,The mine, located 3km from Nativo’s Bonanza Gold Mine, is targeting mesothermal quartz veins.,Acquisition consideration of £124,557 to be settled through...
Emmerson Raises £0.85 Million in Oversubscribed Fundraising to Support Dispute with Moroccan Government
December 06, 2024 06:32 PM AEDT| By Team Kalkine MediaHighlights,Oversubscribed Fundraising,: Emmerson raised £0.85 million through the issue of 130.8 million new shares and 43.6 million warrants, at a price of 0.65 pence per share.,Legal and Administrative Expenses,: The proceeds will be used to cover...
Artemis Resources Ltd (LSE:ARV) Welcomes Experienced Geologist Julian Hanna as Technical Director
December 05, 2024 03:48 PM AEDT| By Team Kalkine MediaHighlights,Artemis Resources appoints Julian Hanna as technical director elect, pending AIM procedures.,Hanna brings decades of expertise, including leadership in high-margin mining and major discoveries.,Exploration targets for 2025 include high-pri...
Great Boulder Resources (ASX:GBR) Targets 1 Million Ounces of Gold Amid Exploration Success
December 05, 2024 04:48 AM AEDT| By Team Kalkine MediaHighlights,Great Boulder Resources aims for 1 million ounces of gold in resource by 2024, with plans to reach 1.5 million ounces.,Machine learning aids in uncovering deeper mineralisation at the Side Well Gold Project.,Ongoing drilling and resource d...
Condor Gold Accepts £67.5 Million Offer from Metals Exploration PLC
December 05, 2024 02:48 AM AEDT| By Team Kalkine MediaHighlights,Condor Gold agrees to a cash and share deal worth £67.5 million with Metals Exploration.,Shareholders to receive New MTL Shares, cash, and Contingent Value Rights (CVRs) as part of the offer.,The deal includes potential future payments lin...
Rio Tinto and Sumitomo Forge Joint Venture for Winu Copper-Gold Project
December 04, 2024 09:26 PM AEDT| By Team Kalkine MediaHighlights,Sumitomo Metal Mining (SMM) acquires a 30% equity stake in Rio Tinto's Winu copper-gold project for $399 million.,The Winu project, located in Western Australia, is poised for long-term copper-gold production and potential expansion.,The c...
Eclipse Metals Ltd (ASX:EPM) Advances Rare Earth and Gallium Exploration at Greenland's Grønnedal Prospect
December 04, 2024 08:48 PM AEDT| By Team Kalkine MediaHighlights,Eclipse Metals identifies strong gallium and rare earth element (REE) mineralisation at the Grønnedal prospect in Greenland.,Bulk samples from waste dumps reveal gallium concentrations averaging 39.16 ppm and other valuable minerals.,Rare...
Great Southern Copper Advances Exploration in Chile with Seven Drill-Ready Targets
December 04, 2024 12:08 AM AEDT| By Team Kalkine MediaHighlights:,Drill-Ready Targets Identified:,Great Southern Copper (LSE:GSCU) has identified seven drill-ready targets in Chile, with exploration underway at the Viuda project.,Strategic Focus on High-Grade Deposits:,The Mostaza mine target is being p...
KEFI Gold and Copper Secures £6 Million in Fundraising to Strengthen Operations
December 04, 2024 12:08 AM AEDT| By Team Kalkine MediaHighlights:,Retail Offer Success:,KEFI Gold and Copper raised £469,000 through a retail offer at 0.55p per share, with over 90% participation from existing shareholders.,Total Fundraising Achieved:,The company’s combined fundraising efforts, includin...
Thor Explorations Targets High-Grade Extensions at Segilola Gold Mine
December 03, 2024 12:19 AM AEDT| By Team Kalkine MediaHighlights:,Promising High-Grade Gold Results:,Recent drilling at Segilola Gold Mine reveals intersections with over 4 grams per tonne gold at depths exceeding 100 meters below the pit design.,Expanded Drilling Program:,The initial 12-hole drilling c...
Condor Gold in the Spotlight with Takeover Bids from Metals Exploration and Calibre Mining
December 02, 2024 10:57 PM AEDT| By Team Kalkine MediaHighlights:,Takeover Interest in Condor Gold:,The company has received non-binding offers from Metals Exploration and Calibre Mining for its La India gold project.,Metals Exploration Leading the Race:,Backed by Nick Candy, Metals Exploration’s propos...
Johnson Matthey’s H125 Results Reflect Challenges Amid Market Volatility
November 29, 2024 10:37 PM AEDT| By Team Kalkine MediaHighlights:,Earnings Decline in H125:,Johnson Matthey’s interim earnings dropped by 13% year-on-year, impacted by refinery downtime and lower scrap volumes in the platinum group metals services segment.,Increased Net Debt:,Net debt rose to £783m, exc...
ECR Minerals Partners with James Cook University for Rare Earth Exploration in Queensland
November 29, 2024 10:37 PM AEDT| By Team Kalkine MediaHighlights:,Collaboration with Academia:,ECR Minerals teams up with James Cook University to explore rare earth element (REE) potential in Queensland’s Lolworth Project area.,Enhanced Technical Insights:,The partnership aims to generate data to stren...
Resolute Mining Pays Second Instalment in Mali Tax Dispute Resolution
November 29, 2024 09:26 PM AEDT| By Team Kalkine MediaHighlights:,Second Instalment Paid:,Resolute Mining has paid the Mali government $50 million as part of a $160 million tax settlement.,CEO and Executives Released:,The settlement follows the release of detained executives, including CEO Terence Holoh...
Jefferies Upgrades Anglo American Amid Restructuring Progress and Positive Commodity Outlook
November 29, 2024 08:58 PM AEDT| By Team Kalkine MediaHighlights:,Upgraded to 'Buy':,Jefferies analysts upgraded Anglo American PLC (LSE:AAL) from 'Hold' to 'Buy,' citing undervaluation after recent share price declines.,Restructuring Gains Momentum:,The company's asset reshuffling and focus on copper a...
Here's why Contango Holdings is gaining lilmelight
November 29, 2024 07:15 PM AEDT| By Team Kalkine MediaHighlights,Strategic Investment and Ownership Change,: Contango secured a US$2 million investment from Huo Investments.,Completion of DMS Plant,: The 3,000-tonne per day Dense Media Separation (DMS) plant at Muchesu is now complete and undergoing tes...
Bushveld Minerals Announces Payment Dispute with Vanchem
November 29, 2024 07:07 PM AEDT| By Team Kalkine MediaKey Highlights:,BV2 has not received an outstanding payment of US$798,000,due by 21 November 2024 from Vanchem, which is part of the shareholder loan repayment.,Dispute over kiln repair costs,has led to an independent expert being appointed to assess...
Amaroq Minerals Achieves First Gold Pour at Nalunaq Gold Mine in Greenland
November 28, 2024 10:03 PM AEDT| By Team Kalkine MediaHighlights,First Gold Pour:,Amaroq successfully poured,1.2 kilograms (39 troy ounces),of gold at the Nalunaq mine on 27 November 2024.,Phase 1 and 2 Commissioning:,Phase 1 is complete, and Phase 2, including the flotation circuit, will be finished by...
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