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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 ...
X @The Economist
The Economist· 2025-07-03 17:10
Gold is now better business than drugs for many gangs in Latin America. It has led to a wave of violence linked to illegal mining across the region https://t.co/DGXj8eiWZQ ...
X @Cointelegraph
Cointelegraph· 2025-07-03 15:30
🚨 In case you missed it, here’s a quick recap of the inaugural Online Mining Roundtable co-organized by Cointelegraph & @UminersOfficial.We covered retail mining’s rise, global hash hubs, and the future of Proof of Work.Catch the full insights and key takeaways below 📷[Brought to you by @UminersOfficial]https://t.co/4YPDcSfeUq ...
X @The Block
The Block· 2025-07-03 14:31
Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up https://t.co/biaXM7EZbU ...