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Barrick Mining's $2 Billion Lumwana Super Pit Expansion on Track
ZACKS· 2025-07-11 13:06
Key Takeaways Barrick is expanding Lumwana to 240,000 tons/year of copper with a new 50M ton plant. The mine has already delivered $4B in economic impact, mostly through local procurement. A REDD program tied to Lumwana will conserve 300,000 hectares and generate carbon credits.Barrick Mining Corporation’s (B) $2 billion Super Pit Expansion Project at its Lumwana mine is progressing steadily, fast-tracking its shift into a Tier One copper mine.Barrick stated that the Lumwana expansion is the result of a s ...
Wheaton Precious Metals Announces Return of $1 Million Future of Mining Challenge to Foster Innovation in the Mining Industry
Prnewswire· 2025-07-02 21:38
Core Viewpoint - Wheaton Precious Metals Corp. is launching its Future of Mining Challenge for 2025/26, inviting global ventures to propose solutions that enhance operational efficiencies and reduce environmental impacts in the mining industry [1][2]. Group 1: Challenge Overview - The Future of Mining Challenge aims to foster innovation in the mining sector, focusing on sustainable practices to meet the increasing global demand for minerals and metals [2][3]. - A total of US$1 million will be awarded to a cleantech venture that presents innovative technology for sustainable water management in mining [2]. Group 2: Participation and Timeline - Wheaton is accepting expressions of interest from cleantech innovators until August 29, 2025, after which selected ventures will be invited to submit full applications in September 2025 [3]. - The winner of the challenge will be announced in March 2026 during the PDAC Convention in Toronto, which is recognized as the largest mining conference globally [4]. Group 3: Collaboration and Support - This year, Wheaton is collaborating with the University of British Columbia's Sauder School of Business to leverage expertise in venture building and early-stage innovation support [4]. Group 4: Company Background - Wheaton Precious Metals is a leading precious metals streaming company, providing shareholders access to a portfolio of low-cost, long-life mines globally [6]. - The company is committed to responsible mining practices and employs rigorous due diligence to unlock long-term value for shareholders while supporting the mining industry [6].
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
北卡罗来纳州夏洛特,赞比亚卢萨卡, June 11, 2025 (GLOBE NEWSWIRE) -- Terra Metals Inc. 与其赞比亚子公司 Lunda Resources Ltd. 联合宣布,其在赞比亚西北部的 Kalaba 铜矿项目取得重大冶金突破。 由 YCS Sustainable Solutions Ltd. 的 Yotamu Hara 博士主导的独立实验证实,项目浮选法回收率超过 96.5%,精矿品位达 26.91% 含铜量——这对氧化矿为主的矿石来说堪称卓越成果。 技术亮点: 浮选法累计铜回收率达 96.52%(参见 Hara 报告第 30 页),硫化精矿含铜量为 26.91%,氧化精矿含铜量为 4.31%。项目通过先进化学药剂实现浮选突破,特别是采用 CMC 抑制剂处理高达 54% 的滑石含量,成功解决了曾经的重大工艺障碍。矿石所具备的提纯潜力支持低成本的溶剂萃取浸出工艺,使 Kalaba 成为非洲成本最低的绿色铜产项目之一。符合 NI 43-101 标准的资源量评估报告预计于 2025 年 7 月底前发布。 绿色关键矿产示范项目: 项目已获得赞比亚环境管理局 (ZEMA, Z ...
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
NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- via InvestorWire — ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) today announces its placement in an editorial published by NetworkNewsWire ("NNW"), one of 70+ brands within the Dynamic Brand Portfolio @IBN , a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. To view the full publication, "Wall Street Targets Breakout Gold Producers as Bull Market Accelerates," plea ...
MONGOL MINING(00975) - 2024 H2 - 电话会议演示
2025-05-23 12:55
ANNUAL RESULTS 2024 25 March 2025 Algui ulaan tsav, Umnugobi, Mongolia DISCLAIMER 2 Notes: 1. Shareholding as at 31 Dec 2024. COMPANY OVERVIEW By attending the meeting where this presentation is made, or by reading the presentation materials, you agree to be bound by the following limitations: This document and its contents have been prepared by Mongolian Mining Corporation (the "Company") and contains strictly confidential and proprietary information in relation to the Company. This document is only being ...
Solaris Enters into US$200 Million Financing Agreements with Royal Gold to Advance the Warintza Project
Globenewswire· 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, with US$100 million available immediately, to fund derisking activities and repay the senior secured debt facility [5][6]. - The structure of the financing aligns with Solaris' strategy to maximize shareholder value without dilution, reinforcing Warintza's status as a tier 1 copper asset [3][5]. Project Development - The financing will support technical studies, permitting, early infrastructure development, and general working capital, ensuring the company is funded through to a final investment decision (FID) [6][19]. - The company plans to publish a Pre-Feasibility Study (PFS) in Q3 2025, followed by a Bankable Feasibility Study [19][20]. Strategic Relationships - Partnering with Royal Gold provides 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 [18]. Exploration Potential - The Stream area of interest is limited, allowing Solaris to retain significant exploration upside, with commercial optionality around high-priority targets within the Warintza district [9][15]. - The company is also advancing exploration across its broader land package of over 260 km², which includes several high-priority regional targets [22]. Environmental and Social Commitment - Royal Gold has committed to financially support Solaris' environmental and social programs, reflecting a commitment to sustainable development and stakeholder engagement [17].
Cerro de Pasco Resources to Pursue Secondary Listing on the Lima Stock Exchange
Globenewswire· 2025-05-15 11:45
MONTRÉAL, May 15, 2025 (GLOBE NEWSWIRE) -- Cerro de Pasco Resources Inc. (TSXV: CDPR) (OTCMKTS: GPPRF) (FRA: N8HP) (“CDPR” or the “Company”) is pleased to announce that it will pursue a secondary listing of its shares on the Lima Stock Exchange (Bolsa de Valores de Lima, “BVL”) as part of its strategy to expand its presence in Latin America and increase visibility among regional investors. The Company’s primary listing will remain on the TSX Venture Exchange (TSXV). The Company has retained Kallpa Securitie ...
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 ...
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 ...