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St-Georges reports progress on lithium pilot & metallurgical initiatives
Thenewswire· 2025-10-14 11:01
Core Insights - St-Georges Eco-Mining Corp. and its subsidiary St-Georges Metallurgy Corp. are advancing their lithium production pilot plant and other metallurgical initiatives, with a focus on sustainable and cost-effective lithium processing technologies [1][3]. Lithium Production Pilot Plant - The company has received its first shipment of approximately five tons of spodumene concentrate from Canadian suppliers, and initial processing is underway [2]. - The SX lithium technology aims to enhance lithium metallurgy by improving purity and recovery rates, reducing waste, and generating valuable by-products, positioning it as a competitive alternative to traditional methods [3]. - A feasibility study is planned to commence by March 2027, which will include a detailed analysis of capital and operational expenditures [3][17]. Other Metallurgical Initiatives - St-Georges Metallurgy Corp. is progressing on two nickel-focused projects, supported by grant applications in collaboration with partners [4]. - Preparations are in place for the extraction of valuable minerals from previously collected samples from the Julie and Manicouagan Critical Minerals Projects, with processing expected to start before year-end [5]. Collaboration and Testing - The company is collaborating with a geothermal energy producer in Iceland, with initial testing showing gold-equivalent grades ranging from approximately 67 g/t to 437 g/t [6]. - Over 200 kilograms of material have been imported into Canada for further extraction and separation testing [6]. Warrant Extensions - The company is extending the validity of several warrants, allowing for longer exercise periods and maintaining the same exercise prices [8][10][12][14][16].
Baru Gold's Role in Environmental Monitoring Highlighted on Sangihe Island
Thenewswire· 2025-10-03 15:00
Core Insights - Baru Gold Corp. acknowledges a report documenting environmental impacts from illegal mining on Sangihe Island, utilizing baseline data collected by the company to measure changes in ecosystem health [1][3][4] Environmental Impact - The report confirms significant increases in heavy metals such as arsenic, lead, and mercury in water and sediment due to illegal mining activities, primarily occurring in 2023 [3] - Damage includes extensive harm to mangroves and coral reefs, elevated heavy metal contamination, and potential health risks for local communities [3] Baseline Data and Regulatory Compliance - The company conducted comprehensive pre-mining environmental sampling to obtain its environmental permit (AMDAL), establishing baseline conditions required by Indonesian law for post-mining restoration [2][4] - The availability of baseline data has been crucial for understanding the extent of damage caused by unregulated activities [4] Local Community Support - Local residents have expressed support for the company's operations, recognizing the difference between regulated mining and illegal activities, which they see as destructive and economically unbeneficial [5] - The company aims to replace illegal mining with sustainable operations that promote shared prosperity [5] Project Overview - The Sangihe Gold Project covers approximately 25,000 hectares, with only 10% explored, and has an existing National Instrument 43-101 report for mining planning [6] - The company holds a 70% interest in the Sangihe mineral tenement Contract of Work (CoW), with a 30-year agreement upon production commencement [8] Company Profile - Baru Gold Corporation is a junior gold developer with NI 43-101 gold resources in Indonesia, leveraging extensive experience in small-scale gold asset operations [9]
McEwen Copper Inc. Advances with Los Azules Project in Argentina
Financial Modeling Prep· 2025-09-27 22:00
Core Insights - McEwen Copper Inc. has received approval to join Argentina's Large Investment Incentive Regime (RIGI) for its Los Azules project, involving a significant investment of $2.672 billion [1][6] - The Los Azules project is projected to generate over $30 billion in export revenues, enhancing Argentina's foreign currency inflow and contributing to local employment and development [2][6] - The RIGI framework provides McEwen Copper with 30 years of legal, fiscal, and customs stability, including tax incentives [3] - The Los Azules project aims for environmental sustainability, utilizing renewable energy and targeting carbon neutrality by 2038 [4] Financial and Operational Highlights - The investment in the Los Azules project is expected to significantly boost Argentina's economy through increased foreign currency inflow and local tax revenues [2][6] - McEwen Copper plans to continue exploration around Los Azules to potentially expand the resource size and lifespan [3] - McEwen Inc., which owns 46.4% of McEwen Copper, is involved in notable stock transactions, indicating investor interest in the company's future prospects [5][6]
IFC Supports McEwen Copper Through Key Collaboration Towards Sustainable Financing for Los Azules
Globenewswire· 2025-09-24 10:00
Group 1 - The International Finance Corporation (IFC) and McEwen Copper Inc. have signed a collaboration agreement to align the Los Azules copper project with IFC's environmental, social, and governance (ESG) standards for potential future financing [1][4][5] - Los Azules is one of the largest undeveloped copper deposits globally, located in Argentina's San Juan province, with Environmental Impact Declaration (EIA) approval and a feasibility study expected to be completed by October 2025 [2][9] - The project aims to be Argentina's first regenerative copper mine, targeting carbon neutrality by 2038, and has an estimated after-tax NPV of $2.7 billion at $3.75/lb Cu, with a mine life of 27 years [7][9] Group 2 - The collaboration emphasizes integrating IFC's Performance Standards into the project's development to de-risk it and align with international investor criteria, promoting transparency and community benefits [3][4] - The World Bank Group supports Argentina's mining sector to unlock its potential sustainably, aiming to create jobs and enhance local economic development [4][6] - McEwen Copper aims to enhance the project's appeal to global investors through proactive ESG integration and a solid financing framework [5][9]
Anglo American, Codelco sign deal to unlock $5bn from copper mines in Chile
Yahoo Finance· 2025-09-17 09:51
Core Viewpoint - Anglo American and Codelco have finalized a joint mining agreement to enhance copper production at their neighboring operations in Chile, Los Bronces and Andina, which is expected to significantly increase efficiency and output while minimizing capital expenditure [1][4]. Group 1: Agreement Details - The definitive agreement follows a memorandum of understanding signed in February 2025 and has received approval from both companies' boards [1]. - The transaction is projected to yield a pre-tax net present value increase of at least $5 billion (4.74 trillion pesos), to be evenly distributed between Anglo American Sur (AAS) and Codelco [2]. - Under the joint plan, copper production is expected to increase by 2.7 million tonnes over 21 years, with relevant approvals anticipated by 2030 [2]. Group 2: Operational Efficiency - The agreement aims to add 120,000 tonnes per annum of copper output at 15% lower unit costs compared to stand-alone operations, with minimal additional capital expenditure [3]. - The partnership will leverage efficiencies from coordinating adjacent resources and existing plant capacity and infrastructure [3]. Group 3: Leadership and Vision - Anglo American's CEO emphasized the importance of copper for the global energy transition and expressed pride in the collaboration with Codelco [4]. - Codelco's chairman highlighted the potential for maximizing the Andina-Los Bronces mining district's output without major investments, addressing the urgent need for critical minerals [5]. Group 4: Ownership and Independence - Each party will retain full ownership of its respective assets, including mining concessions and plants, and will continue to operate independently [6]. - Both parties maintain the freedom to pursue stand-alone projects, including underground resources, during the term of the joint mine plan [6].
APPRECIATE(SFR) - 2025 H2 - Earnings Call Presentation
2025-08-28 02:00
Financial Performance - Sales revenue reached $1176 million, a 26% increase year-over-year[48] - Underlying EBITDA increased by 46% to $528 million compared to $362 million in FY24[21, 48] - Net debt decreased by 69% to $123 million from $396 million in FY24[21, 48] - Profit after tax was $90 million, a significant turnaround from a $19 million loss in FY24[21, 48] Production and Operations - Copper equivalent production increased by 12% to 152.4kt[21, 50] - MATSA's underlying operating cost was $78/t, an 8% increase from FY24[21, 48] - Motheo's underlying operating cost decreased by 4% to $40/t[21, 48] - Motheo achieved an Underlying Operations EBITDA margin of 60%[50] FY26 Outlook - Copper equivalent production is projected to increase by 2% to 157kt[25, 84] - Exploration expenses are expected to increase by 15% to $46 million[25] - Capital expenditure is projected to increase by 11% to $230 million[26]
ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Unlocking Hidden Wealth, Turning Environmental Liabilities into Sustainable Growth
Globenewswire· 2025-08-26 12:30
Group 1: Company Overview - ESGold Corp. is a fully permitted, preproduction resource company focused on clean mining and exploration innovation [5] - The company has proven expertise in Quebec and is advancing its projects toward production and feasibility [5] - ESGold's flagship Montauban property is located 80 kilometers west of Quebec City and serves as a model for responsible mining practices [5] Group 2: Industry Context - In South America's prolific gold belts, centuries of mining have left behind significant tailings piles that still contain valuable quantities of gold and silver [3] - These legacy remnants present both an environmental challenge and an untapped resource, with modern recovery techniques revealing their hidden value [3] Group 3: Strategic Initiatives - ESGold Corp. is addressing the opportunity in Colombia through a newly announced, fully permitted joint venture in Bolívar [4] - The company aims to transform mine waste into scalable, high-margin production using advanced processing technology [4] - By mining responsibly, ESGold is unlocking hidden wealth while turning environmental liabilities into sustainable growth [4]
Callinex to Change Name to Visionary Copper and Gold Mines Inc.
Globenewswire· 2025-08-11 12:30
Company Overview - Callinex Mines Inc. plans to change its name to "Visionary Copper and Gold Mines Inc." to better reflect its commitment to sustainable mining and value creation through the discovery and development of copper and gold mines in Canada [1][2] - The new stock symbol is anticipated to be "VCG," with the name change expected to occur in early September 2025 [3] Shareholder Information - Existing shareholders will not need to exchange their share certificates, and the name change will not affect the company's share structure or shareholder rights [4] Mineral Resource Highlights - The company has a portfolio that includes the Point Leamington Deposit, which has an Indicated Mineral Resource of 5.0 million tonnes grading 2.5 g/t AuEq, totaling 402,000 ounces AuEq [5] - The Inferred Mineral Resource at Point Leamington is 13.7 million tonnes grading 2.24 g/t AuEq, totaling 986,500 ounces AuEq [5] - The Rainbow deposit at the Pine Bay Project has an Indicated Mineral Resource of 3.44 million tonnes grading 3.59% CuEq, totaling 272.4 million pounds CuEq [5] - The Nash Creek Project has a pre-tax IRR of 34.1% and an NPV8% of $230 million at a zinc price of $1.25 [5]
K+S (KPLU.F) Earnings Call Presentation
2025-08-11 05:00
Financial Performance (H1/2025) - Revenues reached €1,835.9 million[11] - EBITDA amounted to €310.3 million, with an EBITDA margin of 16.9%[11] - Adjusted free cash flow was €24.3 million[11] Potash Market and Production - K+S expects potash demand to grow at a compound annual growth rate of 2-3%[14] - The company aims to increase potash production by >100,000 tonnes per year at the Bethune plant in Canada[14] - K+S Germany potash production capacity is approximately 5.5 million tonnes eff[194] Salt Market and Production - K+S has a 20% market share in the European salt market[65, 66] - K+S Germany salt production capacity is approximately 5 million tonnes eff[196] Sustainability and Environmental Goals - K+S has reduced CO2 emissions by around 80% since 1990[17] - The company aims for greenhouse gas neutrality at its production sites by 2045, with a 25% CO2 emissions reduction by 2030 compared to 2020[17, 101] - K+S is targeting a 25% reduction in absolute CO2 emissions by 2030, with a 4.4% reduction achieved by 2024 (base year 2020)[106, 145] Agriculture Segment (H1/2025) - Agriculture segment revenues were €1,282.3 million[20] - Sales volumes for the agriculture segment reached 3.84 million tonnes[20] Industry+ Segment (H1/2025) - Industry+ segment revenues were €553.6 million[22] - Sales volumes for the Industry+ segment reached 3.12 million tonnes, including 0.88 million tonnes of de-icing salt[22, 166]
Canada Nickel Releases 2024 ESG Report
Prnewswire· 2025-08-05 10:45
Core Viewpoint - Canada Nickel Company Inc. has released its 2024 Environmental, Social and Governance (ESG) Report, highlighting its advancements in carbon storage, Indigenous partnerships, local economic development, health and safety, and environmental stewardship, positioning itself as a key player in Ontario's Critical Minerals Corridor [1][2]. Indigenous Partnerships and Engagement - The company has deepened its collaboration with Indigenous Nations, establishing a landmark contracting agreement with Flying Post, Matachewan, and Mattagami First Nations for infrastructure construction [9]. - Taykwa Tagamou Nation has invested $20 million in a critical minerals project, securing an equity stake and the right to appoint a director to Canada Nickel's Board [9]. - Indigenous partnerships are integral to the company's operations, focusing on equity ownership and direct investment in local infrastructure [3]. Environmental Stewardship and Climate Innovation - Canada Nickel's In-Process Tailings (IPT) Carbonation technology has the potential to permanently store up to 1.5 million tonnes of CO₂ annually, making the Crawford site one of North America's largest proposed carbon sinks [9]. - Water intensity in drilling operations decreased to 0.38 m³/metre drilled in 2024 from 0.48, despite a 464% increase in drilling, achieved through water recycling and tracking [9]. - The company recorded no environmental non-compliance incidents, demonstrating strong environmental performance [9]. Local Economic Contributions - In 2024, 60% of new hires were local, and 37% of $32.5 million in procurement was spent on local suppliers in the Timmins region [6]. Governance and Leadership - Female representation on the company's Board was 33%, and 34% across the broader workforce, which is more than twice the industry average [7]. Reporting and Transparency - Canada Nickel has produced three consecutive ESG reports aligned with the United Nations Global Compact, Global Reporting Initiative, and the United Nations Sustainable Development Goals [10].