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Amaroq Minerals Announces Launch of Single Mine Origin Gold Sales from Nalunaq mine, Greenland
Globenewswire· 2025-10-17 06:00
Core Viewpoint - Amaroq Ltd. has launched Single Mine Origin gold sales from its Nalunaq mine in Greenland, allowing for fully traceable gold available exclusively to Greenlandic residents [1][4][5] Group 1: Company Initiatives - The SMO gold is traceable from the mine site to the end customer and produced under strict international responsibility standards, supported by independently audited ESG data [2][6] - The initiative reflects Amaroq's commitment to transparency, ethical mining, and collaboration with local communities, setting a new standard for sustainability in the region [4][5] - SMO gold from Nalunaq is exclusively available to Greenlandic residents, emphasizing the company's community-first approach and ensuring local access to responsibly sourced gold [6] Group 2: Leadership and Commitment - Amaroq demonstrates a clear commitment to responsible mining practices, focusing on environmental stewardship and sustainable development [5][6] - By joining the SMO platform, Amaroq reinforces its leadership position in ethical mining practices on an international scale [6] Group 3: Company Overview - Amaroq's principal business objectives include the identification, acquisition, exploration, and development of gold and strategic metal properties in South Greenland, with a 100% interest in the Nalunaq Gold mine [7] - The company also has a portfolio of gold and strategic metal assets in Southern Greenland, covering two known gold belts and advanced exploration projects for strategic metals [7]
American Pacific Congratulates Trilogy Metals on Ambler Project Milestone and Highlights New Era for Mining in Alaska
Newsfile· 2025-10-07 15:00
Core Insights - American Pacific Mining Corp. congratulates Trilogy Metals on the advancement of the Ambler Road Project, which has received reauthorization for necessary permits under the Trump Administration, marking a significant milestone for mining in Alaska [1][2][3] Industry Developments - The Ambler Road Project is expected to provide critical road access to a significant undeveloped copper and polymetallic mineral belt, enhancing U.S. domestic mineral supply chains and addressing national interest, energy security, and economic necessity [2][3] - The Trump Administration's focus on resource development in Alaska, including streamlined permitting and federal investment, has created a favorable policy and investment climate for responsible mining [3][4] Company Positioning - American Pacific's Palmer Project shares similarities with the Ambler Project, both being strategic polymetallic deposits with strong geological foundations and potential economic benefits for Alaskan communities and the U.S. [4] - The current policy environment is seen as strengthening opportunities for development and investment across Alaska, with a positive outlook for new projects meeting technical and environmental standards [4] Company Overview - American Pacific Mining Corp. is focused on precious and base metals exploration and development in the Western United States, with flagship assets including the 100%-owned Palmer Project in Alaska and the Madison Project in Montana [5]
Blue Gold Limited to Acquire 90% of Mampon Gold & Copper Mine, unlocking Major Resource Upside
Globenewswire· 2025-07-23 12:05
Core Viewpoint - Blue Gold Limited has signed a non-binding term sheet to acquire 90% of the Mampon Gold Mine in Ghana, which is expected to enhance its portfolio and provide significant resource growth potential with a premium valuation of $35 per share [1][2][3] Transaction Overview - The acquisition involves Blue Gold acquiring 90% ownership of a Ghana-based company holding the Mampon mining lease, with the Government of Ghana retaining 10% [3][4] - An initial share issuance worth approximately USD 26.25 million will be made to complete the acquisition, based on a share price of USD 35 [3] - Additional payments will be made based on confirmed gold and copper resources, with up to USD 45 per ounce for gold (capped at 6 million ounces) and up to USD 55 per ton for copper (capped at 4 million tons) [3][4] Strategic Acquisition - The Mampon Gold Mine has an estimated 300,000 ounces of Measured & Indicated gold resources and is strategically located 80 km north of Bogoso, benefiting from reliable infrastructure [4] - This acquisition complements Blue Gold's existing operations and aligns with its mission of responsible and sustainable mining while unlocking long-term shareholder value [4][5] Company Profile - Blue Gold Limited is focused on acquiring high-potential mining assets globally and aims to redefine gold production and ownership through innovative monetization models, including asset-backed digital instruments [5][6] - The company emphasizes growth, sustainable development, and operational transparency in its business practices [6]