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NexGold VP Sustainability Receives Prestigious Mining Society of Nova Scotia Medal
Globenewswire· 2025-06-18 11:00
Core Points - NexGold Mining Corp. announced that Deidre Puddister, VP of Sustainability, received the Mining Society of Nova Scotia Medal for her exceptional service to the mining industry in Nova Scotia [1][2] - The award was presented during the Mining Society's 138th annual meeting and conference, recognizing Ms. Puddister's contributions to the Goldboro Gold Project, particularly in Indigenous and community engagement, project permitting, and environmental stewardship [2] - Ms. Puddister's efforts led to a historic benefits agreement with the Assembly of Nova Scotia Mi'kmaw Chiefs, marking a significant milestone in community relations [2][3] Company Overview - NexGold Mining Corp. is a gold-focused company with assets in Canada and Alaska, including the Goliath Gold Complex in Northwestern Ontario and the Goldboro Gold Project in Nova Scotia [4] - The company also holds interests in several other projects across Canada, including the Weebigee-Sandy Lake Gold Project JV and the Niblack copper-gold-zinc-silver VMS project in Alaska [4] - NexGold is committed to meaningful dialogue with regional communities and Indigenous Nations, focusing on sustainable economic opportunities and community well-being [4]
Lifezone Metals (LZM) FY Earnings Call Presentation
2025-06-17 11:31
Lifezone Metals Overview - Lifezone Metals partners with BHP to develop the Kabanga Nickel Project in Tanzania, one of the largest and highest-grade undeveloped nickel sulfide deposits[17] - The company partners with Glencore to recycle platinum, palladium, and rhodium in the United States, enabling a circular economy for precious metals[18] - Lifezone Metals' Hydromet Technology offers a more sustainable, efficient, and cost-effective approach to metal refining and recycling compared to smelting and refining[23] - The company is supported by industry-leading partners, investors, and governments, including Cinctive, BlackRock, GMO, US DFC, Japan's JOGMEC, and the Government of Tanzania[19] Kabanga Nickel Project - BHP has invested $100 million to-date into Lifezone and Kabanga[52] - Tanzania is a 16% owner of the Kabanga Nickel Project and Kahama Hydromet Refinery[37] - The Kabanga Nickel Project has more than 620 kilometers of drilling completed[37] - Lifezone Metals attributable Mineral Resources at North Zone are 24.7 million tonnes Measured and Indicated grading 3.19% nickel-equivalent and 5.8 million tonnes Inferred grading 3.25% nickel-equivalent[111] - Overall Mineral Resource is 46.8 million tonnes Measured + Indicated grading 2.09% nickel, 0.29% copper and 0.16% cobalt and 11.3 million tonnes Inferred grading 2.08% nickel, 0.28% copper and 0.15% cobalt[113] Financials - As of January 14, 2025, the Market Capitalization (basic) is $524.8 million, with $63.5 million in Cash (as of June 30, 2024) and $50.4 million in Conv Debt & Embedded Derivatives (as of June 30, 2024), resulting in an Enterprise Value of $511.7 million[84]
Buscar Company (CGLD) and the Eon Discovery Team have partnered with Mother Lode Mining to explore the potential of the Treasure Canyon Gold Mine, supported by a cutting-edge geological report
Prnewswire· 2025-06-16 10:00
Core Insights - Buscar Company has formed a strategic partnership with Mother Lode Mining, Ltd. to enhance its mining operations at the Treasure Canyon Gold Mine, which has an estimated 3.58 million troy ounces of gold equivalent valued at $11.99 billion [1][2] Strategic Partnership - The partnership with Mother Lode Mining, effective March 31, 2025, involves Dr. John Beagles overseeing the preparation of Phase 1 NI 43-101 and SEC-compliant SK-1300 reports, which will assess various valuable minerals [2] - These reports are expected to be completed in Q3 2025 and will include site planning, financial projections, and breakeven analyses to ensure compliance and transparency [2] Technological Innovation - Dr. Beagles is developing a proprietary Plasma Extractor System (PES) that could potentially increase gold recovery by 3 to 10 times, pending independent verification [3] Geological Report - A detailed geological report by Mars Mines Ltd confirms the significant potential of the Treasure Canyon project, reclassifying the deposits as Iron Oxide Copper-Gold (IOCG), indicating a rich association of valuable metals [4] - The report recommends further exploration methods such as soil geochemistry, magnetometry, and drilling to better understand the subsurface geology and expand the site's potential [4] Next Steps - On-site work is set to commence in mid-July 2025 to support the NI 43-101 report, with a commitment to sustainable mining practices and job creation [5] - The Phase 1 reports will guide advanced exploration and the potential integration of the Plasma Extractor System [5] Company Overview - Buscar Company is a diversified holding company focused on natural resources, sustainable technologies, and pharmaceuticals, with operations managed by its subsidiary Eon Discovery Inc. [6] - The company aims to drive growth and deliver shareholder value through innovation and diversification, following a strategic evolution that included a reverse merger in 2020 [6]
Terra Metals Inc. 和 Lunda Resources 确认 Kalaba 项目实现 96.5% 铜回收率及太阳能绿色生产
Globenewswire· 2025-06-10 17:18
Core Insights - Terra Metals Inc. and its Zambian subsidiary Lunda Resources Ltd. announced a significant metallurgical breakthrough at the Kalaba copper project in Zambia, achieving a flotation recovery rate exceeding 96.5% and a concentrate grade of 26.91% copper content, which is considered an outstanding result for predominantly oxidized ore [1][8]. Technical Highlights - The flotation process achieved a cumulative copper recovery rate of 96.52%, with sulfide concentrate copper content at 26.91% and oxidized concentrate copper content at 4.31% [8]. - Advanced chemical agents were utilized to achieve flotation breakthroughs, particularly using CMC inhibitors to process up to 54% talc content, successfully addressing significant processing challenges [8]. Community and Traditional Support - Terra Metals expressed gratitude to the leadership of the Lunda tribe, particularly Senior Chief Sailunga and Chief Ntambu, for their support, which has been crucial for the integrity and respect towards local communities during the project's advancement [4]. Regional Value Addition Potential - In addition to the Kalaba project, the company holds large-scale exploration licenses through Central Africa Renewable Energy, covering potential copper-cobalt areas south of the world-class Kamoa-Kakula deposits in the Congo [5]. Chairman's Statement - The chairman of Terra Metals Inc. and Lunda Resources, Mumena Mushinge, stated that this achievement not only represents a technical victory but also positions Zambia as a leader in the global supply of critical minerals, promoting responsible production driven by solar energy [6]. Upcoming Milestones - A NI 43-101 compliant resource assessment report is expected to be released by the end of July 2025 [9]. - A 240 tons/hour processing plant is set to commence operations in September 2025 [9]. - Plans are in place to expand solar capacity to 100 megawatts [9]. Company Overview - Terra Metals Inc. is a Delaware-based mineral development company focused on acquiring impactful critical mineral assets in Africa that meet environmental, social, and governance standards, aiming to supply the U.S. and allied markets [10].
ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Catches Wall Street’s Attention, Offers Sustainable Way to Gain Exposure to Gold
Globenewswire· 2025-06-05 12:30
Company Overview - ESGold Corp. is a fully permitted preproduction resource company focused on clean mining and exploration innovation, with expertise in Quebec [4] - The company's flagship Montauban property, located 80 kilometers west of Quebec City, is designed for responsible mining practices and has both near-term production capabilities and district-scale discovery potential [4] Industry Insights - Gold prices surpassed $3,000 per ounce in May 2025, outperforming major indices like NASDAQ and S&P 500, as well as bitcoin, indicating a shift in Wall Street's focus towards gold as a dependable hedge amid rising U.S. debt-to-GDP above 120% and negative real interest rates [2][3] - Institutional investors are seeking new opportunities beyond traditional holdings such as bullion and ETFs, which are perceived to offer limited upside [2][3] Investment Opportunity - ESGold Corp. presents an attractive investment opportunity due to its clean balance sheets, high internal rates of return (IRR), and scalable, revenue-generating operations [3] - The acceleration of gold purchases by central banks and the financial markets' search for sustainable exposure to gold further enhance the appeal of ESGold as a mining company [3]
Solaris Enters into US$200 Million Financing Agreements with Royal Gold to Advance the Warintza Project
GlobeNewswire News Room· 2025-05-21 10:00
Core Viewpoint - Solaris Resources Inc. has secured a US$200 million financing arrangement with RGLD Gold AG, which includes a gold stream and net smelter return royalty, aimed at enhancing liquidity and supporting the Warintza project development [2][3][5]. Financing Agreements - The financing package consists of a non-dilutive US$200 million funding, with US$100 million available immediately, to repay senior secured debt and fund derisking activities until a final investment decision (FID) [5][6]. - The structure of the financing aligns with Solaris' strategy to maximize shareholder value through non-dilutive means, reinforcing Warintza's status as a tier 1 copper asset [3][5]. Project Development - The financing will support technical studies, permitting activities, early infrastructure development, and general working capital, ensuring the company is funded through to FID [6][21]. - The company plans to publish a Pre-Feasibility Study (PFS) in Q3 2025, followed by a Bankable Feasibility Study [18][19]. Strategic Relationships - Partnering with Royal Gold is expected to provide competitive capital costs and a strategic relationship that enhances project flexibility [4][5]. - The financing structure allows for future project financing while maintaining strategic optionality around the Warintza project [17]. Market and Economic Context - The financing reflects strong investor confidence in Ecuador as a mining jurisdiction, supported by government commitment to the sector [4][19]. - The recent political continuity in Ecuador, following the re-election of President Daniel Noboa, is seen as beneficial for the mining sector [19]. Exploration Potential - Solaris retains significant exploration upside within the Warintza district, with commercial optionality around high-priority targets [5][14]. - The company is also advancing exploration across its broader land package of over 260 km², which includes several high-priority regional targets [21].
Perpetua Resources Announces First Quarter 2025 and Recent Highlights
Prnewswire· 2025-05-12 11:16
BOISE, Idaho, May 12, 2025 /PRNewswire/ - Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) ("Perpetua Resources" or "Perpetua" or the "Company") announced today that its unaudited condensed consolidated financial results for the period ended March 31, 2025 were filed. For details, please see the Company's filings available on EDGAR and SEDAR.Perpetua Resources' vision is to provide the U.S. with a domestic source of the critical mineral antimony, develop one of the largest and highest-grade open pit gold ...
Hudbay Publishes 2024 Annual Report, “Built to Grow”
Globenewswire· 2025-05-05 20:07
Core Insights - Hudbay Minerals Inc. reported significant achievements in 2024, demonstrating the strength of its operations and project pipeline, while also focusing on sustainability and community engagement [2][10]. Financial Performance - The company met and often exceeded its consolidated production and cost goals for 2024, improving its balance sheet by reducing debt and enhancing free cash flow [2]. - Hudbay's commitment to cost discipline has created value for shareholders [2]. Operational Achievements - Significant permitting milestones were achieved, extending the life of existing operations and creating opportunities for new mines [2]. - The company launched the "Unidas" program in Peru to foster inclusion and support for women in the workplace [5]. Health and Safety - Hudbay's health and safety performance in Peru achieved level AAA ratings across all indicators, with British Columbia and Manitoba also showing strong performance [5]. - A critical risk management program was implemented to eliminate injuries and fatalities [5]. Community Engagement - Hudbay engaged in over 7,500 interactions with more than 3,480 local stakeholders in 2024, focusing on building constructive relationships [6]. - The company created an Indigenous relations strategy in Manitoba to guide efforts towards economic reconciliation [8]. Environmental Commitment - Hudbay's climate change strategy includes specific GHG emissions reduction targets for each business unit, aiming for a 99% reduction in Scope 2 emissions intensity in Peru by 2030 [9]. - The company received level AAA ratings for biodiversity conservation in Peru and Manitoba, reflecting its commitment to sustainable practices [9]. ESG Performance - Hudbay earned an "A" overall ESG rating in MSCI's latest annual ranking, placing it in the "Leaders" category for effective management of ESG risks [9].
Comstock to Host First Quarter 2025 Earnings and Business Update Call
Globenewswire· 2025-04-29 10:30
VIRGINIA CITY, Nev., April 29, 2025 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) is pleased to announce that the Company’s Executive Chairman & CEO, Corrado De Gasperis, and COO, William McCarthy will be providing an overview of recent financial results and current business updates on Thursday, May 8, 2025, at 4:30pm ET. We invite all investors and other interested parties to register for the webinar at the link below. Date: Thursday, May 8, 2025Time: 4:30pm ETRegister: Webi ...
WESTERN COPPER AND GOLD PROVIDES INFRASTRUCTURE UPDATE
Prnewswire· 2025-04-10 11:30
Core Viewpoint - Western Copper and Gold Corporation is advancing infrastructure initiatives to support the Casino Copper-Gold Project, which is crucial for both the project and the Yukon region's development [1][2]. Infrastructure Initiatives - The B.C.-Yukon Grid Connect Project received conditional approval for $40 million in funding from Natural Resources Canada, with the Yukon Development Corporation committing an additional 25% [4]. - The Yukon Resource Gateway Project has expanded to include the Dempster Highway, although some funding for the Casino Copper-Gold Access Road has been redirected to support this initiative [5]. - A transportation study for shipping concentrate from the Casino Project to the Port of Skagway has been completed, identifying several promising transportation alternatives with costs in line with previous estimates [6]. Economic Context - The recent economic volatility has highlighted the resilience of the Casino Project, particularly due to the favorable copper-gold commodity mix and a significant increase in gold prices, which rose nearly US$750 per ounce [3]. - There is growing political support for mining in Canada, which is expected to positively impact the Casino Project [3]. Company Commitment - The company is dedicated to collaborating with First Nations and local communities to ensure responsible mining practices are employed in the development of the Casino Project [8].