Awalé Resources stock soars on 45.7 g/t gold find
Awalé Resources (TSXV: ARIC) stock soared on Monday after the Newmont-backed gold explorer reported outstanding assay results of 45.7 grams per tonne gold over 32 metres from drilling on the Odienné project in Côte d’Ivoire.
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Teck Resources mulls British Columbia battery recycling plant
Copper and zinc miner Teck Resources is considering building a lithium-ion battery recycling facility in British Columbia, CEO Jonathan Price said on Tuesday.
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Syrah Resources to raise $65m for Mozambique, US projects
Australia’s Syrah Resources said on Wednesday it would raise A$98 million ($64.73 million) through a placement and an entitlement offer for funding its Balama graphite operations in Mozambique and its US-based Vidalia project.
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Liontown Resources enters $363m debt facility for lithium project ramp-up
Australia’s Liontown Resources said on Wednesday it has entered a A$550 million ($363.2 million) debt facility for the planned ramp-up and expansion of its flagship Kathleen Valley lithium project in Western Australia.
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Syrah Resources inks offtake deal with Posco Future M
Australia’s Syrah Resources said on Friday it will supply natural graphite product from its Balama graphite operations in Mozambique to South Korean chemical and battery material maker Posco Future M.
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China’s Yintai Gold to buy Osino Resources for $272 million
China-based Yintai Gold on Sunday said it will acquire Canadian gold exploration firm Osino Resources in an all cash deal for C$368 million ($272.53 million).
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Australian gold miner Red 5 to acquire Silver Lake Resources
Australian gold miner Red 5 will takeover rival Silver Lake Resources to build a mid tier gold company valued at $1.5 billion, the two companies said in a joint statement on Monday.
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Australia’s resources minister seeks investment from Korea, Japan
Australia’s resources minister has begun a week long trip to South Korea and Japan to discuss gas exports and critical minerals opportunities, as its government on Monday released a “prospectus” of 52 investment ready critical minerals projects.
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Mineral Resources to sell stake in lithium developer Azure
Mineral Resources expects to sell its stake in lithium developer Azure Minerals in the current half year, chief financial officer Mark Wilson said on Thursday.
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Canada gives mineral-rich Arctic region of Nunavut control over its resources
Canada on Thursday formally gave the giant Arctic territory of Nunavut control over its reserves of gold, diamonds, iron, cobalt and rare earth metals, a move that could boost exploration and development.
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US claims huge chunk of seabed amid strategic push for resources
Mining News Pro - The US extended its claims on the ocean floor by an area twice the size of California, securing rights to potentially resource-rich seabeds at a time when Washington is ramping up efforts to safeguard supplies of minerals key to future technologies.
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Record resources deals rescue a dim year for Australian bankers
Mining News Pro - Energy and mining deals have dominated Australia’s dealmaking scene like never before this year.
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Shenghe Resources throws Vital Metals a lifeline
Mining News Pro - Chinese rare earth miner Shenghe Resources is acquiring new shares in Vital Metals (ASX: VML) for an initial A$5.9 million ($3.8m), allowing the Australian miner move forward with development at its Nechalacho project in Canada’s Northwest Territories.
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Teck Resources says restructuring remains ‘priority’ as Q3 underwhelms
Mining News Pro - Teck Resources was progressing “expeditiously” on a split of its coal and copper businesses, the Canadian miner said on Tuesday, after missing quarterly profit estimates on weak sales of steelmaking coal.
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Alita Resources’ administrators confirm buyout talks, start liquidation
Mining News Pro - Administrators of Alita Resources on Thursday started the liquidation process for the cash-strapped Australia-based lithium miner on confirming an implementation agreement with an unnamed third party for the sale of the company and its assets.
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Ramelius Resources extends Musgrave Minerals takeover offer
Mining News Pro - Ramelius Resources has received acceptances for 47.36 per cent of Musgrave Minerals shares.
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Champion Iron shares rise after update boosts Bloom Lake resources by 40%
Mining News Pro - An update for Champion Iron‘s Bloom Lake mine in northeast Quebec has increased measured and indicated resources by 40% and inferred resources by 360%, boosting company shares by more than 6% on Wednesday.
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Syrah Resources signs graphite supply deals with US firms
Mining News Pro - Syrah Resources Ltd said on Thursday it had executed agreements with two US-based companies for the supply of graphite from its Balama operations in Mozambique.
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SACOME calls for resources funding
Mining News Pro - The South Australian Chamber of Mines & Energy (SACOME) has called on the South Australian Government to prioritise funding for the resources sector.
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Coronado Global Resources drives sustainability
Mining News Pro - Leading international metallurgical coal producer Coronado Global Resources has released its 2022 sustainability report.
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Pembridge Resources shares collapse on Minto mine halt
Mining News Pro - Pembridge Resources’ shares fell as much as 82% on Monday as it disclosed it was assessing its ability to stay in business after Canada’s Minto Metals, had to halt the namesake mine over the weekend.
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Teck Resources should remain in Canada
Mining News Pro - Teck Resources Ltd, which is trying to fend off an unsolicited $22.5 billion takeover offer from Glencore Plc, should remain headquartered in Canada and help the country expand its critical minerals industry, Finance Minister Chrystia Freeland said on Monday.
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Teck Resources calls Glencore bid a “non-starter”
Mining News Pro - Teck Resources urged investors on Monday to support its plan for splitting into two companies at a vote later this month, adding that Glencore’s proposed takeover was a structurally flawed deal and “a complete non-starter.”
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Arkle Resources finds lithium in Ireland
Mining News Pro - Diversified explorer Arkle Resources said on Thursday it had found lithium bearing pegmatites at its Mine River Block gold project in Ireland.
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Equinox Gold sells $51 million stake in Solaris Resources, stock rises
Mining News Pro - Prior to the transaction, Equinox Gold owned 15,545,487 common shares of Solaris and warrants entitling Equinox to purchase 7,500,000 common shares of Solaris representing approximately 17.88% of Solaris on a partially diluted basis.
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