AEX Gold Becomes Largest Acreage Holder in Southern Greenland

2022-05-11 23:09:43 Acquisition of Significant Strategic Mineral Land Package in South Greenland from Orano Group TORONTO, ON / ACCESSWIRE / May 12, 2022 / AEX Gold Inc. (AIM:AEXG)(TSXV:AEX), an independent mining company with an unrivalled land package of gold and strategic mineral assets in Greenland, is pleased to announce it has acquired mineral exploration licences […]
EDM Resources Announces Filing of Its 2021 Annual Financials

2022-05-11 18:26:47 Halifax, Nova Scotia–(Newsfile Corp. – May 11, 2022) – EDM Resources Inc. (TSXV: EDM) (“EDM” or the “Company“) announces that further to its news release of May 10, 2022, the Company advises that it has now filed its 2021 year-end financial statements and related materials on SEDAR, and expects the cease trade order […]
Torex Gold Resources Reports First Quarter Financial Results

2022-05-11 15:18:55 (All amounts expressed in U.S. Dollars unless otherwise stated) TORONTO, May 11, 2022 (GLOBE NEWSWIRE) — Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) reports the Company’s financial and operational results for the three months ended March 31, 2022. The Company will host a conference call tomorrow morning at 9:00 AM […]
Gold is 'the most confusing' of all commodities right now

The latest comments from the Federal Reserve triggered a massive selloff across all risk assets. But why is gold still below the $1,900 level? Here’s a look at Kitco’s top three stories of the week: 3. Gold and bitcoin jump as Fed’s Powell takes 75bps hike off the table in June https://www.kitco.com/news/2022-05-04/Gold-price-bitcoin-price-jump-as-Fed-s-Powell-takes-75bps-hike-off-the-table-in-June.html 2. Bitcoin price […]
Magnis Energy Technologies provides an update on its end-to-end lithium-ion battery production plans

Magnis Energy Technologies’ Frank Poullas tells Andrew Scott about the company’s plans to produce battery grade anode materials using a mechanical process that bypasses chemicals. A bankable feasibility study update is underway for the Nachu Graphite Project, with graphite attracting significant interest from investors and offtakers alike. source
Largo Reports First Quarter 2022 Financial Results and Provides Adjusted 2022 Guidance; Announces Intention to Commence Normal Course Issuer Bid

2022-05-11 14:55:57 TORONTO / May 11, 2022 / Business Wire / Largo Inc. (“Largo” or the “Company“) (TSX: LGO) (NASDAQ: LGO) today released financial and operating results for the three months ended March 31, 2022. The Company reported quarterly vanadium pentoxide (“V2O5”) equivalent sales of 2,232 tonnes at a cash operating cost excluding royalties per […]
Moneta Gold Increases Resources to 4,265,000 Oz Gold Indicated and 7,496,000 Oz Gold Inferred at Tower Gold Project

2022-05-11 14:55:57 Toronto, Ontario–(Newsfile Corp. – May 11, 2022) – Moneta Gold Inc. (TSX: ME) (OTCQX: MEAUF) (XETRA: MOP) (“Moneta” or the “Company”) is pleased to provide an updated mineral resource estimate (“MRE”) for its 100% owned Tower Gold project (“Project”), located 100 kilometres (“km”) east of Timmins, Ontario. The consolidated mineral resource now totals […]
Power Group Projects Announces Passing of Director

2022-05-11 14:41:31 Toronto, Ontario–(Newsfile Corp. – May 11, 2022) – Power Group Projects Corp. (TSXV: PGP) (the “Company“) is sad to report that, Yana Bobrovskaya, a valued member of the Company’s board of directors, has passed away. The Company and the board of directors extends its deepest condolences to Yana’s family, friends and business associates. […]
Sierra Metals Reports Consolidated Financial Results for the First Quarter Of 2022

2022-05-11 14:13:23 TORONTO / May 11, 2022 / Business Wire / Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) today reported revenue of $57.2 million and an adjusted EBITDA of $16.0 million on the throughput of 590,730 tonnes and metal production of 15.9 million copper equivalent pounds for […]
Aris Gold Announces Q1 2022 Financial and Operating Results

2022-05-11 14:13:23 VANCOUVER, BC, May 11, 2022 /CNW/ – Aris Gold Corporation (Aris Gold or the Company) (TSX: ARIS) (OTCQX: ALLXF) reports financial and operating results for the three months ended March 31, 2022. All amounts are in US dollars, unless otherwise indicated. Aris Gold CEO Neil Woodyer stated: “During Q1 we began to see […]