Mining Technology
Search documents
EnviroGold Global Announces Positive ANDRITZ Case Study Confirming NVRO Process™ Commercial Readiness and Global Scalability
Globenewswire· 2025-11-17 11:30
Core Insights - EnviroGold Global Limited announced the publication of an independent case study by ANDRITZ, validating the performance and commercial scalability of the NVRO Process™ [1][2] Group 1: Case Study Findings - The ANDRITZ study confirms that the NVRO Process™ significantly enhances recovery, concentrate grade, and operating efficiency from mine waste [2][4] - The optimization model aligns closely with EnviroGold's lab and pilot results, confirming the underlying chemistry and metallurgical performance [4][8] - The study demonstrates a 286% increase in gold and a 450% increase in silver concentrate grades, with an 82% gold recovery rate validated by ALS Global [8][9] Group 2: Commercialization and Scalability - The IDEAS™ model aids in the rapid deployment of the NVRO Process™ across various sulphidic tailings sites globally [5][6] - Digital replication through IDEAS™ provides a blueprint for efficient engineering, reducing design time and supporting a capital-light licensing model [6][8] - The combination of third-party validation and strong economics supports EnviroGold's global scalability, particularly in the U.S., Australia, and Europe [8][9] Group 3: Future Prospects - With the NVRO Process™ validated across digital, lab, and pilot stages, the company is advancing toward commercial project commitments [9]
EnviroGold Global Announces Outstanding Phase 3 Metallurgical Results from Major Tailings Reprocessing Projects
Globenewswire· 2025-11-13 11:30
Core Insights - EnviroGold Global Limited has achieved significant results in Phase 3 testing of its NVRO Process™, indicating strong potential for commercial implementation and multiple revenue streams from precious and critical metals recovery [1][2][6]. Summary by Sections Test Results - The NVRO Process™ demonstrated a gold recovery rate of 99.55% and silver recovery of 98.96%, surpassing previous benchmarks [6]. - Gold concentration increased by 380% from 5.5g/t to 20.9g/t, while silver concentration rose by 602% from 92g/t to 554g/t [6]. - Base and critical metals in the pregnant leach solution (PLS) increased by 8% [6]. - The results showed a strong correlation with Andritz IDEAS simulation modeling, confirming the reliability and scalability of the NVRO Process™ [6]. Environmental and Economic Impact - The project is expected to reduce acid mine drainage potential by 86% through the reduction of pyrite content [7]. - The tailings facilities contain over 9 million tonnes of material with gross in-situ metal values exceeding US $3 billion, primarily in gold and silver [8]. - The reprocessing plan aims to produce 1.2 million tonnes of saleable precious metal concentrates and achieve a 14% reduction in on-site tailings volumes [7]. Future Development - The next phase, Phase 4, will focus on validating mass balance, recovery performance, project economics, and environmental outcomes at scale [9]. - Management emphasized the exceptional technical and economic potential of the NVRO Process™ and its environmental benefits [10]. Company Overview - EnviroGold is a clean-technology company focused on recovering high-value metals from mine waste while minimizing environmental liabilities [11]. - The NVRO Process™ aligns with global demands for sustainable metal supply and responsible resource management, operating under a capital-light technology-licensing model [11].
EnviroGold Retires Over $10.2 Million in Debt in 2025, Strengthens Balance Sheet as Commercialization Accelerates
Globenewswire· 2025-11-11 11:30
Core Viewpoint - EnviroGold Global Limited has successfully converted and retired approximately $10.2 million in debt, marking a significant milestone as it moves towards the commercialization of its proprietary NVRO Process™ [1][3]. Debt Conversion and Financial Position - The company fully converted $4,119,000 in Convertible Promissory Notes into 68,650,446 shares at $0.06 per share, with additional shares issued for interest and costs [2]. - The retirement of all convertible and promissory liabilities results in a clean balance sheet, positioning the company for future growth [3]. Insider Transactions - Two insiders converted a total of $100,000 in principal of the Notes into common shares, which is classified as a related-party transaction under MI 61-101 [3]. - The company is relying on exemptions from formal valuation and minority shareholder approval requirements due to the fair-market value of the securities issued not exceeding C$2,500,000 [3]. Corporate Matters - The company will issue 1,851,852 common shares at a deemed price of $0.135 per share as partial payment for an engagement fee to Cantor Fitzgerald Canada Corporation [4]. - An aggregate of 850,000 common shares will be issued to the estate of former director Harold Wolkin in recognition of his services [5]. Equity Awards and Incentives - The company issued conversion premiums totaling 1,271,405 shares at a deemed price of $0.15 per share in connection with the Note conversions [6]. - On November 6, 2025, the company granted 5,637,501 restricted share units (RSUs), 18,500,000 performance share units (PSUs), and 257,000 stock options to directors and officers as incentive compensation [8]. Performance Conditions - The Options are exercisable at $0.14 per share for five years and vested upon issuance, while RSUs will vest in tranches according to individual agreements [9]. - PSUs are tied to performance-based milestones, including revenue thresholds and volume-weighted average price (VWAP) targets [10]. Company Overview - EnviroGold Global Limited focuses on transforming the mining industry by recovering high-value metals from mine waste and tailings, utilizing its proprietary NVRO Process™ for efficient, low-carbon extraction [14].
EnviroGold Retires Over $10.2 Million in Debt in 2025, Strengthens Balance Sheet as Commercialization Accelerates
Globenewswire· 2025-11-11 11:30
Core Insights - EnviroGold Global Limited has successfully converted and retired approximately $10.2 million in debt, which includes $9.1 million in principal and $1.1 million in interest and costs, marking a significant milestone as the company moves towards the commercialization of its proprietary NVRO Process™ [1][3] Debt Conversion Details - The January 2025 Convertible Promissory Notes, with a face value of $4,119,000, have been fully converted into 68,650,446 shares at a price of $0.06 per share, along with an additional 3,192,363 shares issued for interest and costs [2] - The conversion of insider-held Notes, totaling $100,000 in principal, has been included in the overall share issuances [3] Corporate Actions - The company will issue 1,851,852 common shares at a deemed price of $0.135 per share as partial payment for an engagement fee to Cantor Fitzgerald Canada Corporation [4] - An aggregate of 850,000 common shares at a deemed price of $0.115 per share will be issued to the estate of former independent director Harold Wolkin as full compensation for his services [5] Equity Incentives - In connection with the Note conversions, the company issued conversion premiums totaling 1,271,405 shares at a deemed price of $0.15 per share, with all shares subject to a statutory hold period [6] - The company granted 5,637,501 restricted share units (RSUs), 18,500,000 performance share units (PSUs), and 257,000 stock options to directors and officers as part of its Omnibus Equity Incentive Plan [8] Performance Conditions - The stock options are exercisable at a price of $0.14 per share for five years and vested upon issuance, while RSUs will vest in tranches according to individual agreements [9] - PSUs are tied to performance-based milestones, including revenue thresholds and volume-weighted average price (VWAP) targets [10] Company Overview - EnviroGold Global Limited focuses on transforming the mining industry by recovering high-value metals from mine waste and tailings, utilizing its proprietary NVRO Process™ for efficient, low-carbon extraction [14]
Acceleware Announces Participation in the MICA Conference & Innovation Showcase 2025: Mining's New Frontiers
Globenewswire· 2025-11-04 21:34
Core Insights - Acceleware Ltd. will present its EM Powered Heat solutions at the MICA Conference & Innovation Showcase 2025, highlighting its potential to transform the mining industry [1][2] - The conference aims to connect industry leaders, investors, and innovators to explore technologies that enhance productivity, sustainability, and safety in mining [2][3] Company Overview - Acceleware is an advanced electromagnetic heating company specializing in RF power-to-heat solutions for large industrial applications, focusing on electrifying and decarbonizing industrial process heat [4][5] - The company has partnered with a consortium of potash partners to decarbonize the drying process of potash ore and other critical minerals [5] Industry Engagement - Acceleware has been actively participating in global mining conferences, including PDAC 2025 and CIM Connect, to promote its EM Powered Heat technology [3] - The MICA Conference will feature 12 innovative mining-technology companies, showcasing advancements that propel the industry forward [2]
EnviroGold Increases Size of Previously Announced Non-Brokered Private Placement Due to Strong Investor Demand
Globenewswire· 2025-10-15 11:00
Core Insights - EnviroGold Global Limited has increased the size of its non-brokered private placement to raise up to $7,000,000 due to strong investor demand [1][2] - The first tranche of the Offering closed on October 1, 2025, raising gross proceeds of $2,201,276 [2] - The CEO highlighted the oversubscription as a reflection of growing market confidence in the company's NVRO Process™ technology [3] Financial Details - The Offering will issue units at a price of $0.09 per unit [2] - The second tranche of the Offering is expected to close around October 15, 2025 [4] Company Strategy and Vision - The additional capital is intended to strengthen the company's balance sheet and accelerate commercial execution [4] - The company aims to create significant, sustainable value from mine waste and reduce environmental liabilities through its proprietary technology [5] - EnviroGold operates on a technology license fee model with low capital expenditure requirements, focusing on shareholder value and recurring dividends [5]
Codelco Invests in I-Pulse to Unlock Mining Efficiencies
Yahoo Finance· 2025-10-14 11:45
Core Viewpoint - Codelco, the largest copper mining company globally, is investing in I-Pulse, a mining technology firm that utilizes electric pulses for rock crushing, enhancing energy efficiency in mining exploration [1] Group 1: Company Overview - Codelco is recognized as the world's largest copper mining company [1] - I-Pulse was founded by Robert Friedland, who is also the founder of Ivanhoe Mines [1] Group 2: Technology and Innovation - I-Pulse employs electric pulses to crush rocks, which is a more energy-efficient method compared to traditional exploration techniques [1] - The partnership aims to unlock innovations in mining technology [1] Group 3: Leadership and Collaboration - Robert Friedland and Maximo Pacheco, Chairman of Codelco, discussed their business partnership on Bloomberg Television [1] - The collaboration signifies a strategic move towards modernizing mining practices [1]
CAT to Boost Mining Technology Solutions With RPMGlobal Holdings Deal
ZACKS· 2025-10-13 19:36
Group 1: Acquisition Overview - Caterpillar Inc. has agreed to acquire RPMGlobal Holdings Limited for a total equity value of AUD 1.12 billion ($732 million), enhancing its capabilities in the mining sector [1][8] - RPMGlobal is known for its data-driven software solutions that support various stages of the mining lifecycle, which will help Caterpillar's mining customers operate more efficiently [1][2] Group 2: Strategic Benefits - The acquisition is expected to improve Caterpillar's technology in asset and fleet management, as well as autonomy, benefiting from RPMGlobal's agile development approach and Caterpillar's customer-centric focus [2][8] - The deal aligns with the increasing reliance on technology by miners to boost productivity, reduce costs, and enhance safety, as Caterpillar has been investing in advanced products and autonomous capabilities [3] Group 3: Financial Performance - Caterpillar reported adjusted earnings per share of $4.72 for Q2 2025, missing the Zacks Consensus Estimate of $4.88 by 3.3%, and down 21% year over year due to lower revenues and elevated costs [4] - The company achieved revenues of $16.57 billion, surpassing the Zacks Consensus Estimate of $16.35 billion by 1.3%, although it represented a 1% decline year over year [5] - Revenue declines were noted in North America (2%), Latin America (4%), and Asia Pacific (2%), while EAME experienced a 6% growth, with a record sequential backlog growth of $2.5 billion, bringing the total backlog to $37.5 billion [6] Group 4: Stock Performance - Over the past year, Caterpillar's stock has increased by 26.7%, outperforming the industry growth of 24.9% [7]
EnviroGold Closes First Tranche of Non-Brokered Private Placement and Confirms Strong Momentum Toward Final Tranche
Globenewswire· 2025-10-07 11:00
Core Viewpoint - EnviroGold Global Limited has successfully closed the first tranche of its non-brokered private placement, raising gross proceeds of C$2,201,276 through the issuance of 24,458,626 units at a price of C$0.09 per unit, which reflects strong investor confidence in the company's technology and strategy [1][2][3]. Financing Details - The first tranche consists of units that include one common share and one transferable common share purchase warrant, allowing the holder to acquire an additional common share at C$0.13 for three years [2]. - The overall offering aims to raise C$5 million, with additional tranches already in progress [4][5]. - Proceeds from this tranche will be used to accelerate the company's technology platform and commercial roadmap, including debt reduction and general working capital [4][10]. Investor Participation - Certain directors subscribed for a total of 923,185 units, contributing gross proceeds of C$83,086.65, which is classified as a related party transaction [7]. - The company is relying on exemptions from minority shareholder approval and formal valuation requirements for this related party transaction [7]. Regulatory and Compliance - All securities issued in connection with the first tranche are subject to a statutory hold period of four months and one day, expiring on February 2, 2026 [6]. - The securities have not been registered under the U.S. Securities Act and cannot be offered or sold in the U.S. without registration or an exemption [8]. Company Overview - EnviroGold Global is focused on enabling the mining industry to monetize valuable metals from mine waste and tailings while reducing environmental liabilities [11]. - The company operates on a technology license fee model with low capital expenditure requirements, aiming to establish itself as a leading global technology company [11].
EnviroGold Closes First Tranche of Non-Brokered Private Placement and Confirms Strong Momentum Toward Final Tranche
Globenewswire· 2025-10-07 11:00
Core Viewpoint - EnviroGold Global Limited has successfully closed the first tranche of its non-brokered private placement, raising gross proceeds of C$2,201,276 through the issuance of 24,458,626 units at a price of C$0.09 per unit, which reflects strong investor confidence in the company's technology and strategy [1][2][3]. Financing Details - The first tranche consists of units that include one common share and one transferable common share purchase warrant, allowing the holder to acquire an additional common share at C$0.13 for three years [2]. - The overall offering aims to raise C$5 million, with additional tranches already in progress [4][5]. Use of Proceeds - Proceeds from the first tranche will be allocated to enhance EnviroGold's technology platform, support commercial initiatives, reduce debt, and ensure operational resilience [4][8]. Investor Participation - Certain directors subscribed for a total of 923,185 units, contributing gross proceeds of C$83,086.65, which is classified as a related party transaction [7]. Regulatory Compliance - All securities issued are subject to a statutory hold period of four months and one day, expiring on February 2, 2026, in accordance with Canadian securities laws [6].