Mining
Atlantic Lithium celebrates a major milestone with the issuance of a mine operating permit for the Ewoyaa project
October 09, 2024 11:06 AM BST| By Team Kalkine MediaHighlights:,Atlantic Lithium Ltd receives a mine operating permit for the Ewoyaa Lithium Project in Ghana.,The project aims to commence production by the end of 2026 and achieve full production by 2027.,The company remains focused on advancing the Ew...
Rio Tinto Acquires Arcadium Lithium in a $6.7 Billion Deal to Strengthen Lithium Portfolio
October 09, 2024 09:25 AM BST| By Team Kalkine MediaHighlights:,Rio Tinto is acquiring Arcadium Lithium for $6.7 billion, offering a 90% premium over its recent stock price.,The deal enhances Rio Tinto's lithium production capabilities, with Arcadium expected to increase its production by 130% by 2028...
ECR Minerals Progresses Gold and Rare Earth Projects in Australia Amid Promising Developments
October 09, 2024 09:16 AM BST| By Team Kalkine MediaKey Points:,ECR Minerals is in discussions for the potential sale of A$75 million in tax losses through its subsidiary, Mercator Gold Australia Pty Ltd.,In Queensland, promising results are anticipated from gold and critical mineral samples at the Lo...
GreenX Metals has seen a notable increase in shares as a result of a £252 million compensation award
October 08, 2024 12:32 PM BST| By Team Kalkine MediaHighlights:,GreenX Metals Ltd secures £252 million in compensation from Poland following a successful arbitration case related to investment treatment.,The award includes compensation under two international treaties, with accruing interest until ful...
Xtract Resources Reports Promising Results from Metallurgical Study on Bushranger Copper-Gold Project
October 08, 2024 08:49 AM BST| By Team Kalkine MediaHighlight,Coarse Particle Flotation (CPF) recovered 78% of copper into 5% of the mass and performed better than conventional flotation methods.,Pre-Screening and Gravity Separation methods were not successful due to the disseminated nature of the min...
Atlantic Lithium has secured a mine operating permit for its Ewoyaa project
October 08, 2024 07:51 AM BST| By Team Kalkine MediaHighlights:,Atlantic Lithium Ltd receives an operating permit for the Ewoyaa project in Ghana, marking a key regulatory milestone.,The permit clears the way for construction at the Ewoyaa lithium mine.,The company awaits parliamentary ratification of...
Endeavour Mining is acknowledged to have government support in Burkina Faso
October 07, 2024 04:52 PM BST| By Team Kalkine MediaHighlights,Endeavour Mining reaffirms its partnership with the Government of Burkina Faso amidst concerns regarding mining permits.,The company reports recent progress in legal disputes, having received a significant initial payment related to the Bo...
Endeavour Mining is celebrated for its success as a gold producer in West Africa
October 07, 2024 04:40 PM BST| By Team Kalkine MediaHighlights,Endeavour Mining confirms its ongoing partnership with the Government of Burkina Faso amidst speculation about potential permit revocations.,The company has appointed Sonia Scarselli, a senior executive from BHP, as its new Executive VP of...
Cora Gold shares encouraging preliminary data from its East Senegal gold project
October 07, 2024 01:18 PM BST| By Team Kalkine MediaHighlights:,Cora Gold Ltd. reported promising multi-element analysis results from drilling at the Tambor gold anomaly in East Senegal, revealing strong potential for gold deposits.,Advanced ICP-MS techniques analyzed 2,018 samples, indicating a link...
The CEO of Thor Explorations shares insights on positive drill results and project expansion at Segilola
October 07, 2024 01:08 PM BST| By Team Kalkine MediaHighlights:,Thor Explorations Ltd. reported promising results from the first two holes of a 12-hole drilling program at the Segilola Gold Project in Nigeria, with one intersection yielding 11.24 grams per ton over three meters.,The drilling program a...
Cornwall’s £4.5M Mining Research Hub to Boost Green Mineral Extraction
October 07, 2024 12:15 PM BST| By Team Kalkine MediaHighlights:,New Research Centre,: A £4.5 million government grant will fund a mining research centre at Exeter University’s Penryn campus, focusing on critical mineral extraction.,Job Creation,: Each new mine could employ 200-350 staff, with addition...
Rio Tinto Eyes Arcadium Lithium Amid Growing Takeover Rumors
October 07, 2024 09:06 AM BST| By Team Kalkine MediaHighlights:,Rio Tinto confirmed a non-binding approach to acquire lithium producer Arcadium Lithium, with no guarantee the deal will proceed.,Arcadium's shares surged 10% on Friday, following speculation that the takeover offer could value the compan...
SP Angel Endorses Anglo Asian Mining’s Growth at Gedabek and Demirli Mines
October 04, 2024 04:17 PM BST| By Team Kalkine MediaHighlights:,Strong Production Growth,: Anglo Asian Mining is set for significant production growth following the restart of the Gedabek mine and development of Demirli.,Increased Copper Focus,: Copper’s rising share in output is seen as key to the co...
Gold Holds Steady Amid Middle East Tensions and US Rate Cut Adjustments
October 04, 2024 03:32 PM BST| By Team Kalkine MediaHighlights:,Gold Prices Hold Steady,: Despite reduced US rate cut expectations, gold remains stable amid Middle East tensions, trading around US$2,650.,Geopolitical Tensions,: Concerns over a potential Israeli strike on Iran following missile attacks...
Anglo Asian Receives Upbeat Price Assessment After Restarting Operations in Azerbaijan
October 04, 2024 12:11 PM BST| By Team Kalkine MediaHighlights,Buy Rating Maintained:,SP Angel has reaffirmed its "buy" rating for Anglo Asian Mining PLC, setting a target price of 308 pence.,Positive Outlook on Production:,The restart of operations at the Gedabek Gold/Copper Mine and the growth poten...
Canaccord Genuity Lowers Wynnstay Price Target Amid Tough Trading Conditions
October 04, 2024 11:53 AM BST| By Team Kalkine MediaHighlights:,Canaccord Genuity lPrice target reduced: Canaccord Genuity lowered Wynnstay’s target price from 520.0p to 470.0p due to struggles in its feed and fertiliser divisions.,Mixed performance: While feed and fertiliser underperformed, Wynnstay’...
Orosur Mining Announces Successful Admission of New Common Shares on AIM
October 04, 2024 08:18 AM BST| By Team Kalkine MediaKey Points:,Orosur Mining has successfully admitted 30,035,971 new common shares to trading on AIM, raising capital at a placing price of £0.0278 (CAD$0.05).,Following this issuance, the total number of common shares in circulation has increased to 2...
Versarien Advances R&D and Secures Grant Applications Amid Growing Pipeline
October 04, 2024 08:00 AM BST| By Team Kalkine MediaKey Points:,Versarien Plc's pipeline of opportunities has surged from £1.6 million to £4.7 million since the appointment of CEO Dr. Stephen Hodge.,The company remains focused on developing graphene and advanced materials, actively participating in si...
Castillo Copper Completes Offloading of Additional Non-Core Asset
October 03, 2024 11:51 AM BST| By Team Kalkine MediaHighlights,Castillo Copper Ltd has finalized the sale of its Cangai Copper Mine to Infinity Mining, consisting of three tenements in northern New South Wales.,As part of the transaction, Castillo will receive 40 million shares and 20 million options...
Zulu Lithium Project Restarted by Premier African
October 03, 2024 10:54 AM BST| By Team Kalkine MediaHighlights,Premier African Minerals Ltd is advancing its Zulu lithium project through potential strategic partnerships and operational enhancements.,The company is exploring options for a complete or partial sale while considering self-funding for th...