Mining industry
Canadian intermediate gold producer Torex Gold Resources Inc. has agreed to acquire all issued and outstanding common shares of Prime Mining Corp. in a definitive plan of arrangement. The acquisition will create a diversified Americas-focussed precious metals company, with Torex owning a 100% interest in Prime Mining's Los
Mining industry
Kairos Minerals Ltd has issued a news release announcing the results of a further 19 diamond holes at its Mt York Gold Project in Western Australia's Pilbara region. The company is pleased to report a wide zone of gold mineralisation intercepted at the Main Trend, including a new,
Mining industry
Corazon Mining Limited has made a significant move by entering a binding Heads of Agreement to acquire the Two Pools Gold Project in Western Australia's Plutonic Greenstone belt. The company has also raised approximately A$2,000,000 through a placement of 1,000 million fully paid ordinary
Mining industry
Strong news on small cap companies has driven the S&P/ASX Small Ordinaries Index to a 1.63% gain, closing at 3,385.70 yesterday. Over the past five days, the index has risen by 1.44%, reflecting optimism in the sector. Several positive announcements kicked off the
Mining industry
Antilles Gold Limited has announced plans to raise $650,000 through a placement of 130 million shares at $0.005 each to sophisticated investors. The funds will be used to support the development of the Nueva Sabana copper-gold mine in Cuba by 50% owned joint venture mining company, Minera La
Mining industry
Alara Resources Limited, an Australian-based base and precious metals explorer and producer, has announced the award of a mining licence for the Daris 3A5 prospect, part of the Daris Copper-Gold Project in Oman. This licence represents a significant step forward in Alara's strategy to expand its copper mining
Mining industry
Hayasa Metals Inc. has announced the successful completion of its Phase 2 diamond drill program at the Urasar Mineral District in northern Armenia, and is pleased to commence the 2025 drill campaign at the Vardenis copper-gold project. The Phase 2 program, which targeted five prospects along the 15 km-long mineralized
Mining industry
A proposed open-pit copper mine near the community of Vavenby, 150 kilometers northeast of Kamloops, has sparked public feedback discussions. The Yellowhead Mining Inc., a subsidiary of Taseko Mines Ltd., is behind the project, which aims to produce 90,000 tons of ore per day over a 25-year mine life.
Mining industry
Recent research conducted by Jiangnan University in Wuxi, People's Republic of China, has led to significant breakthroughs in the production of plant flavonoids in microbial cell factories. With the aid of omics technologies and synthetic biology, researchers have made considerable progress in elucidating the natural biosynthetic pathways of
Mining industry
As China's data centers (DCs) continue to expand, the country's water consumption for cooling purposes is projected to skyrocket, reaching over 3 billion m3 annually by 2030. This alarming rate emphasizes the urgent need for sustainable cooling alternatives. Researchers from the China University of Mining and
Mining industry
Questcorp Mining Inc., a mineral exploration company, has commenced drilling on its La Union Project in northwest Sonora, Mexico. The drilling is being carried out by property vendor and operator Riverside Resources Inc. The goal of the initial drill program is to expand known zones of mineralization, test new targets,
Mining industry
Gold prices are on the rise, with the precious metal opening the week above $3,400, following a recent revision in labor data. Analysts are adjusting their gold price forecasts, anticipating a potential price of $3,500 in the next three months and $4,000 per ounce by year-end. The
