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Sokoman Minerals Announces Stock Option Grant and Results of Annual General and Special Meeting
Newsfile· 2025-04-03 13:30
Sokoman Minerals Announces Stock Option Grant and Results of Annual General and Special MeetingApril 03, 2025 9:30 AM EDT | Source: Sokoman Minerals Corp.St. John's, Newfoundland and Labrador--(Newsfile Corp. - April 3, 2025) - Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman" or the "Company") today announces an April 1 stock option grant to officers, directors, employees, and consultants of the Company, subject to TSX Venture Exchange approval, for a total of 2,650,000 common shar ...
Royal Road Minerals Provides Exploration Update, Lalla Aziza Copper Project, Kingdom of Morocco
Newsfile· 2025-04-02 12:00
Toronto, Ontario--(Newsfile Corp. - April 2, 2025) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road" or the "Company") is pleased to provide an update of exploration activities at its Lalla Aziza copper project in Morocco. The Lalla Aziza copper mine is owned by Moroccan mining company, Carbomine SARL ("Carbomine"). In December 2024, Royal Road entered into an Option Agreement (the "Agreement") with Carbomine, which provides the Company with an option to acquire 100% of the Lalla Aziza mining license ...
VIDEO - CEO Clips - Orvana Minerals: Gold Production Company With a Growth Strategy
Newsfile· 2025-04-01 17:00
VIDEO - CEO Clips - Orvana Minerals: Gold Production Company With a Growth Strategy April 01, 2025 1:00 PM EDT | Source: CEO Clips For over 25 years, BTV has been a capital markets focused TV production and Digital Marketing Agency. BTV helps companies increase their brand awareness to a national retail and institutional investor audience, combining unique content creation and major distribution services on top tier networks including Bloomberg, CNBC, FOX Business News and financial sites. The BTV suite of ...
Cordoba Minerals Announces New Board Appointees & Changes to Management Team
Newsfile· 2025-04-01 12:00
Core Viewpoint - Cordoba Minerals Corp. has announced new appointments to its Board of Directors, welcoming Mark Gibson and Glen Kuntz, while also noting the departure of Gustavo Zulliger from the management team [2][5]. Group 1: New Board Appointees - Mark Gibson has extensive experience in the natural resources sector, having served as Chief Operating Officer of Cordoba and Chief Geophysics Officer at Ivanhoe Electric [3]. - Glen Kuntz brings over thirty years of experience in exploration and mining, previously serving as Senior Vice President of Mine Development at Ivanhoe Electric [4]. - Both new directors have significant knowledge of the Alacran Project, which is crucial for its upcoming development phase [6]. Group 2: Management Changes - Gustavo Zulliger has stepped down as Vice-President of Exploration to pursue other opportunities, marking a change in the management team [5]. - The company expresses gratitude for Zulliger's contributions and wishes him well in his future endeavors [6].
Hudbay Minerals: Improved Balance Sheet, Potential For Growth
Seeking Alpha· 2025-04-01 10:45
Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. I'm Jason Ditz and I have 20 years of experience in foreign policy research. My work has appeared in ...
Aura Minerals Updates Aranzazu, Almas and Minosa NI 43-101 Technical Reports
GlobeNewswire News Room· 2025-04-01 02:53
The Aranzazu Property is situated in the Municipality of Concepción del Oro, within the State of Zacatecas, Mexico, near the northern boundary with the State of Coahuila. It hosts the Aranzazu deposit; a skarn deposit enriched with copper, gold, and silver. The site is located in a rugged mountainous region and can be accessed from the city of Zacatecas, approximately 250 km to the southwest, or from Saltillo, a city 112 km to the northeast in Coahuila. The Property has seen intermittent mining related acti ...
Fitzroy Minerals Announces Completion of Acquisition of Ptolemy Mining Limited and Concurrent Financing
Thenewswire· 2025-03-31 18:45
Core Viewpoint - Fitzroy Minerals Inc. has successfully completed the acquisition of Ptolemy Mining Limited, positioning the company to target commercially viable copper resources in Chile and fully fund an 8,000-meter drill program at the Buen Retiro Copper Project in 2025 [1][2]. Acquisition Details - The acquisition involved the issuance of 88,000,000 common shares at a deemed price of $0.20 per share, with a hold period expiring on August 1, 2025 [4]. - Ptolemy is a UK-registered private company that holds options to acquire the Manto Negro, Buen Retiro, and Sierra Fritis properties in Chile [2]. Financing and Shareholder Approval - The company completed a private placement of 20,000,000 units at $0.15 per unit, raising $3,000,000 to fund the acquisition and exploration activities [10][13]. - The acquisition was subject to shareholder approval, which was obtained through written consent from holders of more than 50% of the outstanding shares, excluding shares held by the vendors [6]. Project Commitments - The Buen Retiro Option requires a $7,000,000 work program over four years, with specific annual expenditure requirements [7]. - The Sierra Fritis Option requires a $2,600,000 work program over four years, with a $50,000 payment due on specific anniversaries [9]. Management Changes - Gilberto Schubert has been appointed as the new Chief Operating Officer, bringing over 30 years of experience in resource development and operational leadership [2][14]. Related Party Transactions - The acquisition involved related party transactions, with Mr. Marr-Johnson and Mr. Schubert being vendors, and the company is exempt from formal valuation requirements under certain conditions [15]. Ownership Changes - Following the acquisition, Ptolemy Capital holds 31.31% of the issued and outstanding common shares of the company, representing a significant ownership stake [18].
Search Minerals Announces Revocation of Cease Trade Order
Newsfile· 2025-03-28 16:56
St. Lewis, Newfoundland and Labrador--(Newsfile Corp. - March 28, 2025) - Search Minerals Inc. (TSXV: SMY) ("Search Minerals" or the "Company") announced today that the cease trade order (the "CTO") issued by the British Columbia Securities Commission (the "BCSC") has been revoked effective March 27, 2025.The CTO was issued by the BCSC on April 8, 2024, as a result of the Company's failure to file its annual financial statements, related management's discussion and analysis and certifications for the year ...
Minerals Technologies Inc. Announces First Quarter 2025 Conference Call on April 25, 2025
Newsfilter· 2025-03-28 14:00
Core Viewpoint - Minerals Technologies Inc. (MTI) is set to release its first quarter results for the period ending March 30, 2025, on April 24, 2025, after market close, followed by a conference call on April 25, 2025, at 11 a.m. ET to discuss these results [1]. Company Overview - Minerals Technologies Inc. is a technology-driven specialty minerals company based in New York, focusing on the development, production, and marketing of a wide range of mineral and mineral-based products, systems, and services [4]. - The company serves various consumer and industrial markets, including household, food and pharmaceutical, paper, packaging, automotive, construction, and environmental sectors [4]. - In 2024, MTI reported global sales of $2.1 billion [4]. Investor Relations - Investors can access the webcast and presentation materials on MTI's Investor Relations page and pre-register for the webcast [2]. - The conference call for U.S.-based participants can be accessed at +1 877-270-2148 with the conference ID being Minerals Technologies, while participants outside the U.S. can dial +1 412-902-6510 [2]. - A replay of the conference call will be available from April 25, 2025, at 2 p.m. ET until September 25, 2025 [3].
Aura Minerals Successfully Starts Ramp-Up at Borborema, On Schedule, Within Budget, and Setting an ESG Benchmark
GlobeNewswire News Room· 2025-03-28 08:00
Core Viewpoint - Aura Minerals Inc. has commenced production ramp-up at its Borborema Mine, expecting to achieve commercial production by Q3 2025, positioning it as a cornerstone asset for the company with significant economic potential in Brazil's mining sector [1][2]. Group 1: Production and Economic Metrics - Borborema is projected to have an average annual production of 83,000 ounces of gold for the first three years, with 2025 production guidance set between 33,000 and 40,000 ounces [3]. - The mine is expected to deliver an after-tax internal rate of return (IRR) of 41.8% on an unleveraged basis and 81.4% with 50% leverage, based on a gold price of US$2,600 per ounce [2][3]. - The feasibility study indicates a total anticipated production of 748,000 ounces of gold over an 11.3-year life of mine (LOM), with over 2,000,000 contained ounces of gold in the Indicated Mineral Resource category [2][3]. Group 2: Operational Highlights - The Borborema project was built on time and on budget in just 19 months, with zero lost time incidents, showcasing the company's strategy of creating efficient and scalable projects [2]. - The mine employs approximately 2,184 personnel, with 68% hired from the local community, contributing to regional economic growth and development [3]. Group 3: Environmental and Strategic Commitment - Borborema is positioned as a global ESG benchmark, utilizing innovations such as grey water from the nearby municipality and renewable energy, reflecting the company's commitment to responsible operations [2]. - The company aims to convert significant additional Indicated Mineral Resources into Mineral Reserves through the planned road relocation [3].