Metal industries
Salazar Resources Limited has announced a significant partnership with Silvercorp Metals Inc., marking a major milestone in the company's growth trajectory. The partnership brings together Salazar's innovative approach and Silvercorp's extensive experience and technical expertise to enhance exploration, development, and operational efficiencies in the
Mining industry
Orion Minerals Ltd, an Australian-based mining company listed on the Australian Securities Exchange and the Johannesburg Stock Exchange, has made a significant update in shareholder interests, a development that could impact the company's strategic direction and stakeholder engagement. The update, disclosed through a formal notice on the Australian
Gold industry
Zodiac Gold, a leading player in the mining industry, has announced the appointment of Tom Dowrick as Director of Exploration. With over 17 years of experience in the mining and exploration industry, Mr. Dowrick brings a unique combination of expertise and knowledge to the role. As a seasoned Chartered Geologist,
Mining industry
The government's reluctance to extract the abundant lithium block in Reasi District is stalling the mining process and jeopardizing India's journey toward self-reliance and technological advancement. The Gem and Jewellery Export Promotion Council (GJEPC) has estimated an inferred resource of 5.9 million tonnes of lithium
Gold mining
Australian-based gold, base metals, and battery metals explorer Minrex Resources has gained a 51% interest in the Sofala Project's exploration licence, covering the Queenslander and Spring Gully gold projects, from Australia United Minings subsidiary Fortuis Mines. The agreement allows Minrex to progress exploration on the licence through an
Gold mining
Despite missing its gold production guidance, Evolution Mining is set to have a stellar year due to the surge in global gold and copper prices, augmented copper tonnage from the Northparkes mine acquisition, and stringent cost controls. The company recently released its quarterly report, revealing robust cash flow and a
Mining industry
Antipa Minerals Limited, an Australian gold and copper exploration company, has secured additional funding from its major shareholder, Newmont Corporation, for its flagship Minyari Dome Gold-Copper Project. The funding, in the form of a top-up placement, will support the advancement of the project, including resource growth and discovery-focused exploration and
Mining
Chemaf Resources Limited (CRL) has completed an extensive strategic review and secured an agreement to sell its entire operations, including all subsidiaries, to a wholly-owned subsidiary of Norin Mining Limited (Norin Mining). This transaction, anticipated to be finalized by the fourth quarter of 2024, will enable CRL to settle its
Mining industry
Dakota Gold, a US gold exploration company, has received significant backing from mining financier Orion, with a $5.9 million equity investment to support its gold exploration in the Homestake district of South Dakota. The funding will enable the company to further develop its properties, which cover approximately 194 sq.
Investment companies
JENNMAR, a leading global provider of infrastructure products and specialized services, has acquired the assets of Dumotech Industrial Products, a Quebec-based manufacturer and distributor of products for the hardrock mining industry. The acquisition positions JENNMAR to meet the region's growing demand for innovative products and services, further solidifying
Gold mining
Kaiser Reef (ASX:KAU) has initiated development of a decline to access additional high-grade mineralisation at its A1 Gold Mine in Victoria, Australia. The project aims to capitalize on the existing high-grade gold production as the operation transitions from the current remnant mining. The Nova mineralisation, situated below the remnant
Investment companies
JENNMAR, a leading global provider of infrastructure products and specialized services, has acquired the assets of Dumotech Industrial Products, a Quebec-based company specializing in the manufacturing and distribution of products for the hardrock mining industry. The acquisition strengthens JENNMAR's presence in Canada and positions the company to meet
