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Aura Announces Launch of U.S. Public Offering
Globenewswire· 2025-07-07 21:16
Core Viewpoint - Aura Minerals Inc. is launching a public offering of common shares in the United States, aiming to raise approximately US$210 million based on recent share prices and exchange rates [2]. Group 1: Offering Details - The public offering is based on a registration statement filed with the U.S. SEC and is expected to list on the Nasdaq Global Select Market under the symbol "AUGO" [2]. - Aura plans to grant underwriters a 30-day option to purchase additional common shares at the public offering price [2]. - The offering will be conducted in the U.S. only through a prospectus, with preliminary copies available from BofA Securities [4]. Group 2: Underwriters and Management - BofA Securities and Goldman Sachs & Co. LLC are acting as Global Coordinators, while BTG Pactual and Itaú BBA serve as Joint Bookrunners [3]. - Additional Co-Managers include Bradesco BBI, National Bank of Canada Financial Markets, RBC Capital Markets, and Scotiabank [3]. Group 3: Regulatory Considerations - The registration statement has been filed with the SEC but is not yet effective, meaning securities cannot be sold until it becomes effective [5]. - The offering will not be registered with the Brazilian Securities Commission, and no prospectus has been filed in Canada, limiting the offering to private placements for accredited investors [7][8]. Group 4: Company Overview - Aura Minerals focuses on the development and operation of gold and base metal projects in the Americas, with five operating assets including mines in Honduras, Brazil, and Mexico [10]. - The company also has several projects in various stages of development and exploration across Central and South America [10].
Montage Gold Announces Appointment of Jeremy Langford to the Board of Directors
Globenewswire· 2025-07-07 21:15
Core Viewpoint - Montage Gold Corp. has appointed Jeremy Langford to its Board of Directors, which is expected to enhance the company's capabilities in developing its Koné project, aiming for first gold pour in Q2-2027 [1][2][3] Company Overview - Montage Gold Corp. is a Canadian-listed company focused on becoming a premier multi-asset African gold producer, with its flagship Koné project located in Côte d'Ivoire [6] - The Koné project has an estimated mine life of 16 years and is projected to produce over 300,000 ounces of gold annually during the first 8 years, with production expected to start in Q2-2027 [6] Appointment of Jeremy Langford - Jeremy Langford is a highly experienced mining executive with over 20 years in the industry, known for successfully designing, building, commissioning, and operating large gold mining operations [4][5] - His previous roles include President of Artemis Gold Inc., COO of Centamin Plc, and COO & Executive Vice President of Construction and Technical Services at Endeavour Mining Corporation, where he led the development of multiple gold projects in West Africa [4][5] - Langford's expertise is expected to be instrumental in advancing the Koné project towards its production goals [2][3] Board Composition - Following Langford's appointment, Montage's Board will consist of seven members, including Ron Hochstein (Chair), Alessandro Bitelli, Anu Dhir, David Field, Richard Clark, Martino De Ciccio, and Jeremy Langford [3]
Initial Assessment with Cash Flow Demonstrates Robust Economics for Richmond Hill
Newsfile· 2025-07-07 20:30
Initial Assessment with Cash Flow Demonstrates Robust Economics for Richmond HillJuly 07, 2025 4:30 PM EDT | Source: Dakota Gold Corp.Lead, South Dakota--(Newsfile Corp. - July 7, 2025) - Dakota Gold Corp. (NYSE American: DC) ("Dakota Gold" or the "Company") is pleased to report its S-K 1300 Initial Assessment Technical Report with economic analysis ("S-K 1300 Initial Assessment with Cash Flow", "IACF" or "Report") for the Richmond Hill Oxide Heap Leach Gold Project ("Richmond Hill" or "Projec ...
Five Years On, Barrick’s Twiga Partnership Delivers Growth and Shared Value for Tanzania
Globenewswire· 2025-07-07 12:30
All amounts expressed in US dollars BULYANHULU, Tanzania, July 07, 2025 (GLOBE NEWSWIRE) -- Five years after its formation, the Twiga partnership between Barrick Mining Corporation (NYSE:B)(TSX:ABX) and the government of Tanzania continues to redefine the role of mining in national development, delivering shared value, operational excellence and long-term investment in the country’s future. Speaking at a media briefing here today, Barrick president and chief executive Mark Bristow said the partnership had c ...
Aventis Energy Announces Closing of Flow-Through Financing
Globenewswire· 2025-07-04 22:42
Core Viewpoint - Aventis Energy has successfully closed a non-brokered private placement, raising C$350,000 through the issuance of 1,400,000 flow-through units, which will be used for exploration on its project portfolio [1][3]. Group 1: Offering Details - The private placement consisted of flow-through units priced at C$0.25 each, generating gross proceeds of C$350,000 [1]. - Each flow-through unit includes one common share and half a common share purchase warrant, with the warrant allowing the purchase of one common share at C$0.35 for 24 months [2]. - A total of C$21,000 was paid in cash as finder's fees in connection with the offering [4]. Group 2: Use of Proceeds - The proceeds from the offering will be allocated to eligible Canadian exploration expenses, qualifying as flow-through mining expenditures under the Income Tax Act (Canada) [3]. - All qualifying expenditures will be renounced in favor of the subscribers of the flow-through units effective December 31, 2025 [3]. Group 3: Company Overview - Aventis Energy Inc. is focused on mineral exploration, particularly in battery, base, and precious metals, with projects in stable jurisdictions [6]. - The company is advancing its Corvo Uranium and Sting Copper projects, which have shown promising historical drill results [6][7][8].
X @Decrypt
Decrypt· 2025-07-04 19:31
Another Solo Bitcoin Miner Beats the Odds, Winning $350K Jackpot► https://t.co/O6vz7KSPXM https://t.co/O6vz7KSPXM ...
X @Cointelegraph
Cointelegraph· 2025-07-04 01:30
🇵🇰 NEW: IMF rejects Pakistan's plan to use subsidized electricity for Bitcoin mining, warning it could destabilize the energy market. https://t.co/GtJQppSnEG ...
Why TMC The Metals Company Stock Skyrocketed Again Today
The Motley Fool· 2025-07-03 23:16
TMC The Metals Company (TMC 11.05%) stock posted another day of strong gains in Thursday's trading. The deep sea mining company's share price was up 11.4% in the daily session. Meanwhile, the S&P 500 and Nasdaq Composite climbed 0.8% and 1%, respectively.TMC stock enjoyed a bullish market backdrop today as the S&P 500 and Nasdaq Composite both went on to set new record highs. While there wasn't any business-specific news pushing the company's share price higher, a stronger-than-expected June jobs report and ...
Why MARA Holdings Stock Gained 17% This Week
The Motley Fool· 2025-07-03 18:52
What's behind MARA Holdings' big move? Here's what you need to know about the company's Bitcoin mining results in June.Shares of MARA Holdings (MARA -0.51%) soared 17.3% this week. The crypto-mining expert's stock rose 17.3% from last Friday's closing bell to the early market exit on Thursday, July 3, according to data from S&P Global Market Intelligence.Most of the price gain sprung from MARA's Bitcoin (BTC 0.30%) mining report, covering results in the month of June.Why block rewards matter to MARA Holding ...
X @The Economist
The Economist· 2025-07-03 17:31
Watch it for long enough, and the Earth roils. But human history roils more quickly. These photos show how the mining of minerals has transformed the planet’s surface https://t.co/QkOA6lfivr ...