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United States Ranks Next to Last in Development Time for New Mines that Produce Critical Minerals for Energy Transition, S&P Global Finds
Prnewswire· 2024-07-18 11:00
Development of a new U.S. mine—from discovery to production—takes nearly 29 years, on average NEW YORK, July 18, 2024 /PRNewswire/ -- The United States has the second longest lead times in the world for developing a new mine for the critical minerals that are vital to the energy transition, according to new report by S&P Global.* The report, Mine Development Times: The U.S. in Perspective found that it takes an average of 29 years for such mines to go from discovery to production in the United States, longe ...
Minerals Technologies Declares Quarterly Dividend
GlobeNewswire News Room· 2024-07-17 12:39
New York-based Minerals Technologies Inc. (MTI) is a leading, technology-driven specialty minerals company that develops, produces, and markets a broad range of mineral and mineral-based products, related systems, and services. MTI serves globally a wide range of consumer and industrial markets, including household, food and pharmaceutical, paper, packaging, automotive, construction, and environmental. The company reported global sales of $2.1 billion in 2022. For further information, please visit our websi ...
Showcase Minerals Enters Agreement to Acquire Quebec Uranium Property Interest
Newsfile· 2024-07-16 20:09
● ● July 16, 2024 4:09 PM EDT | Source: Showcase Minerals Inc. The Pontiac Uranium Project consists of 60 mineral claims in one contiguous block covering approximately 3,461 hectares. The property occurs in the Grenville Province which in this region, is characterized by the presence of highly deformed and magmatized paragneiss, biotite, and/or amphibole bearing schist and occasional carbonate rich horizons that now form marble and calc-silicate skarn. Dark pyroxene bearing amphibolite bands several tens to ...
Canterra Minerals Announces Sale of Buffalo Hills Diamond Project for $1.13 million
Newsfile· 2024-07-15 11:30
. July 15, 2024 7:30 AM EDT | Source: Canterra Minerals Corporation Chris Pennimpede, President and CEO of Canterra, commented: "We are very pleased to monetize this non-core asset in Canterra's project portfolio. As a dedicated diamond explorer with complementary assets in the region, we are confident that Star Diamond will be able to maximize the value of the Buffalo Hills Project. The sale of this asset will allow Canterra to continue to focus on its advanced stage copper and gold exploration in the cent ...
Lafleur Minerals Announces Loan Agreement
Newsfile· 2024-07-11 22:00
Vancouver, British Columbia--(Newsfile Corp. - July 11, 2024) - LAFLEUR MINERALS INC. (CSE: LFLR) (OTC Pink: WPNNF) (the "Company") announces that it has entered into a loan agreement (the "Loan Agreement") with Flowing Lithium Exploration Inc. ("FLE"). Pursuant to the terms and conditions of the Loan Agreement, FLE has loaned the Company $300,000, which bears interest at a rate of 10% per annum and must be repaid by the Company on June 17, 2025. The proceeds of the loan are to be used for general and admin ...
Canadian Critical Minerals Generates USD$246,000 in Revenue from Bull River Mine
Newsfile· 2024-07-10 16:45
The Company is using a Steinert KSS 100 X-Ray Transmissive Ore Sorter ("Ore Sorter") to pre-concentrate coarse mineralized material from a large surface stockpile at the BRM prior to transporting to New Afton for processing under an Ore Purchase Agreement ("OPA") (see press release dated October 5, 2023, on Sedar+). During June 2024, the Company transitioned to a Monday to Sunday dayshift only operation to better utilize the ore sorter and increase daily throughput. Rejects from the sorter are being stockpi ...
Ridgeline Minerals Granted Water Rights Permit at the Selena CRD Project, Nevada
Newsfile· 2024-07-10 12:30
. Ridgeline Minerals Granted Water Rights Permit at the Selena CRD Project, Nevada July 10, 2024 8:30 AM EDT | Source: Ridgeline Minerals Corp. Vancouver, British Columbia--(Newsfile Corp. - July 10, 2024) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) ("Ridgeline" or the "Company") is pleased to announce a significant permitting milestone for the Selena CRD project ("Selena") with the grant of an exclusive water right through the Nevada Division of Water Resources. The water right allows ...
LaFleur Minerals Exercises Option to Acquire Swanson Property in the Abitibi Greenstone Belt, Quebec
Newsfile· 2024-07-08 21:01
● . July 08, 2024 5:01 PM EDT | Source: LaFleur Minerals Inc. As announced by the Company on June 17, 2024, the Company entered into an arm's length Option Agreement (the "Agreement") with Abcourt Mines Inc. ("ABI") pursuant to which ABI granted the Company the option (the "Option") to acquire all of ABI's title and interest in the Property. In accordance with the terms and conditions of the Option Agreement, the Company: elected to accelerate the completion of the outstanding payments totalling $1,500,0000 ...
CopAur Minerals Signs Indicative Term Sheet to Acquire Remaining 18.74% Interest in Kinsley Mountain Gold Project
Newsfile· 2024-07-08 13:05
. CopAur Minerals Signs Indicative Term Sheet to Acquire Remaining 18.74% Interest in Kinsley Mountain Gold Project Vancouver, British Columbia--(Newsfile Corp. - July 8, 2024) - CopAur Minerals Inc. (TSXV: CPAU) (OTCQX: COPAF) ("CopAur" or the "Company") is pleased to announce that it has signed a non-binding indicative term sheet with Nevada Sunrise Metals Corporation ("Nevada Sunrise") to acquire Nevada Sunrise's 18.74% ownership interest in the Kinsley Mountain Gold Project in Nevada ("Kinsley Project") ...
Buchans Resources Distributes Canterra Minerals Corporation Common Shares
Newsfile· 2024-07-02 22:00
The Canterra Shares being distributed are subject to certain contractual hold periods, with 1/3 being freely tradable immediately, 1/3 being freely tradable on September 28, 2024 and 1/3 being freely tradable on December 28, 2024. In December 2023, Buchans sold certain mineral exploration properties located in central Newfoundland to Canterra, for 24,910,000 Canterra Shares and 128,554,216 exchangeable warrants of Canterra. Buchans holds nickel, copper, cobalt and gold exploration properties in Labrador, an ...