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Mining
European Green Transition Discovers High-Grade Rare Earths in Swedish Project
October 29, 2024 11:39 AM GMT| By Team Kalkine MediaHighlights:,EGT (LSE:EGT) confirms substantial rare earth mineralisation at Olserum’s Djupedal site in Sweden.,Initial drill results show significant widths, including standout grades of up to 7.7% total rare earth oxides (TREO).,The program marks a...
Anglesey Mining Progresses Parys Mountain Mine Project with Key Environmental Input
October 29, 2024 11:39 AM GMT| By Team Kalkine MediaHighlights:,Anglesey Mining receives positive feedback on the Parys Mountain Mine Environmental Impact Assessment (EIA) Scoping Report.,Stakeholder feedback encouraged as part of preparing a comprehensive environmental application.,The project target...
Amaroq Minerals Poised for Progress in Greenland Amid Revised Price Target
October 29, 2024 09:24 AM GMT| By Team Kalkine MediaHighlights:,Revised Price Target:,Panmure Liberum adjusts target for Amaroq Minerals (LSE) to 89 pence due to financial adjustments and recent share dilution.,Progress at Nalunaq:,Nalunaq gold mine in Greenland nears first gold pour by late 2024, dem...
CleanTech Lithium Initiates Final Lithium Conversion Phase with New iFO Technology
October 28, 2024 02:21 PM GMT| By Team Kalkine MediaHighlights:,CleanTech Lithium installs its industrial forward osmosis (iFO) unit, enhancing lithium conversion efficiency.,The iFO unit is set to process one tonne of lithium carbonate from Laguna Verde’s brine concentrate in Chicago.,The iFO technol...
Adriatic Metals on Track for Year-End Production Start at Vares Silver Operation
October 28, 2024 02:21 PM GMT| By Team Kalkine MediaHighlights:,Adriatic Metals reports 123% increase in milling and notable progress in underground development at Vares Silver Operation.,Company anticipates commercial production to commence by year-end, backed by a robust cash position and financing...
Emmerson considers next steps following ESIA setback
October 28, 2024 02:21 PM GMT| By Team Kalkine MediaHighlights:,Emmerson faces setbacks as Morocco’s CRUI declines to reconsider ESIA for its Khemisset Potash Project.,Board reshuffle and cost-saving measures initiated to manage impacts of permitting delays.,Development activities suspended, with a fo...
Castillo Copper Expands Exploration with Acquisition of Harts Range Project
October 28, 2024 12:21 PM GMT| By Team Kalkine MediaHighlights:,Castillo Copper has acquired an 85% stake in the Harts Range Project, expanding its exploration efforts in Northern Territory.,The project targets high-value minerals like niobium, uranium, and rare earths, with promising findings at the...
BHP Concludes Settlement Agreement with Brazil for Samarco Disaster
October 28, 2024 10:21 AM GMT| By Team Kalkine MediaHighlights:,BHP Group Ltd (ASX:BHP) has finalized a settlement with the Brazilian government over the 2015 Samarco dam disaster.,The total settlement amounts to 170 billion Brazilian Reais (Brl), including payments over 20 years and immediate obligat...
Endeavour Details Transaction Involving Own Shares
October 25, 2024 11:37 AM BST| By Team Kalkine MediaHighlights,Endeavour Mining plc has repurchased 30,000 ordinary shares from Stifel Nicolaus Europe Limited on October 24, 2024.,The repurchase was executed at a uniform price of 1,847.68 GBp per share.,Following the cancellation of these shares, the...
Ecora Resources PLC Details Director Dealings in Company Shares
October 25, 2024 10:11 AM BST| By Team Kalkine MediaHighlights,Ecora Resources PLC announces a share acquisition by CEO Marc Bishop Lafleche.,On October 24, 2024, Lafleche acquired 100,000 shares at an approximate average price of £0.6317 each.,The transactions occurred on the London Stock Exchange, i...
Alkemy Capital Investments soars as Tees Valley Lithium lines up £25mln raise
October 24, 2024 11:12 AM BST| By Team Kalkine MediaHighlights:,Alkemy Capital Investments secures up to £25 million in funding to advance its Tees Valley Lithium project.,Tees Valley Lithium aims to become Europe’s largest independent lithium hydroxide refinery.,Alkemy shares surged 69% following the...
Anglo American Progresses with Divestment Plans Amid Strong Operational Performance
October 24, 2024 11:12 AM BST| By Team Kalkine MediaHighlights:,Anglo American (LSE) advances divestment plans to ward off BHP's takeover bid, with Amplats demerger expected by mid-2025.,Copper production fell 13%, while iron ore output hit a third consecutive quarterly record.,De Beers’ diamond produ...
Newmont Reports Mixed Q3 Results Amid Rising Costs and Expanded Buyback Program
October 24, 2024 11:12 AM BST| By Team Kalkine MediaKey Highlights:,Newmont Corporation (NYSE:) reported mixed third-quarter earnings with adjusted EPS of $0.81, below expectations.,Gold production beat forecasts, but rising costs pushed all-in sustaining costs (AISC) above projections.,The Board appr...
NextSource Materials Initiates First Shipments of SuperFlake Graphite from Madagascar’s Molo Mine
October 24, 2024 11:12 AM BST| By Team Kalkine MediaHighlights:,NextSource Materials completed its first commercial SuperFlake graphite shipments to Germany and the U.S.,Exports from Madagascar’s Molo Mine target markets in high-value refractory materials and consumer electronics.,NextSource is also p...
Anglo American Experiences Lower Copper and Diamond Output in Q3; Guidance for 2024 Maintained
October 24, 2024 10:27 AM BST| By Team Kalkine MediaHighlights,Production Declines,: Anglo American reported a 13% decrease in copper output and a 25% drop in rough diamond production for the third quarter, attributed to reduced demand.,2024 Guidance Maintained,: Despite the production declines, the c...
Wheaton Precious Metals Signs Major Gold Stream Agreement with Montage Gold
October 24, 2024 08:31 AM BST| By Team Kalkine MediaHighlights,Wheaton Precious Metals has entered into a Precious Metals Purchase Agreement with Montage Gold Corp. for the Koné Gold Project in Côte d'Ivoire.,The transaction involves an upfront payment of,US$625 million,to be paid in four installments...
Neometals Quarterly Report: Driving Innovation in Battery Recycling and Resource Development
October 24, 2024 08:25 AM BST| By Team Kalkine MediaHighlights,Primobius Recycling Expansion,: Installation and commissioning are underway for the Mercedes-Benz lithium-ion battery recycling facility, with major milestones targeted for 2025.,Lithium Technology Advancements,: Progress in pilot programs...
Hochschild Mining Reports Strongest Q3 in Five Years, Shares Surge
October 23, 2024 11:12 AM BST| By Team Kalkine MediaHighlights:,Hochschild produced 96,327 gold equivalent ounces in Q3, its strongest quarter in five years.,The company repaid $45 million in debt and reduced net debt to $227 million.,CEO Eduardo Landin expects strong production and favorable metal pr...
Ecora Resources Shows Strong Growth with Voisey’s Bay Cobalt Stream
October 23, 2024 11:12 AM BST| By Team Kalkine MediaHighlights:,Ecora’s Voisey’s Bay cobalt stream delivered four shipments in Q3, matching the total for all of 2023.,The company is on track for increased cobalt volumes by 2025, supporting its long-term growth prospects.,Peel Hunt reiterates its 'Buy'...
Fresnillo Gold Production Grows as Market Prices Reach New Heights
October 23, 2024 10:14 AM BST| By Team Kalkine MediaHighlights,Fresnillo PLC reported a significant rebound in gold production, increasing by over 20% to 156,000 ounces in the third quarter.,The company maintained its annual guidance for silver production, forecasting between 55 million to 62 million...
