McEwen Copper Closes ARS $42 Billion Investment by Stellantis
2023-10-11 05:03:13 TORONTO, Oct. 11, 2023 (GLOBE NEWSWIRE) — McEwen Copper Inc., a subsidiary of McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), is pleased to announce the closing of an additional ARS $42 billion investment by Stellantis, one of the world’s leading automakers and mobility providers with iconic brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, […]
Ethereum Price Prediction as $10 Billion Trading Volume Sends ETH Up 7% – Time to Buy?
2023-06-27 07:15:00 The price of Ethereum (ETH) has been on a remarkable upward rally, surging above the $18,000 level on Tuesday morning. This surge has been accompanied by a significant increase in trading volume, reaching a whopping $10 billion. One significant factor contributing to the surge in Ethereum’s value is the recent development enabling HSBC […]
Surge Copper Announces Maiden Berg PEA: C$2.1 billion NPV8% and 20% IRR
2023-06-13 13:49:56 Large-scale, long-life, stand-alone greenfield development project with simple design and high outputs of critical minerals located in a safe jurisdiction with world-class infrastructure Base case after-tax NPV8% of C$2.1 billion and IRR of 20% based on long-term commodity price assumptions of US$4.00/lb copper, US$15.00/lb molybdenum, US$23/oz silver, and US$1,800/oz gold plus foreign exchange […]
Frontier Lithium PFS Demonstrates Pre-Tax NPV US$ 2.59 Billion
2023-05-31 11:28:50 SUDBURY, ON, May 31, 2023 /CNW/ – Frontier Lithium Inc. (TSXV: FL) (“Frontier” or “the Company”) is pleased to release the strong results of a Pre-Feasibility Study (“PFS”) for a proposed mine-to-lithium hydroxide chemical/hydromet plant facility (“Integrated Project”) in the Great Lakes Region of North America. The PFS assumes a hydromet plant that would […]
Faraday Copper Announces PEA for Copper Creek with NPV US$713M and 4.2 Billion Pounds of Measured and Indicated Copper Mineral Resources
2023-05-03 14:29:17 VANCOUVER, BC / ACCESSWIRE / May 3, 2023 / Faraday Copper Corp. (“Faraday” or the “Company“) (TSX:FDY) (OTCQX:CPPKF) is pleased to announce the results from a Preliminary Economic Assessment (“PEA”) and an updated Mineral Resource Estimate (“MRE”) for its Copper Creek Project, located in Arizona, U.S. (“Copper Creek”). The PEA provides an economically […]
NexGen Energy Receives Strong Support for Rook I Project Financing in Excess of US$1 Billion
2023-05-01 03:33:13 VANCOUVER, BC, May 1, 2023 /CNW/ – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce that it has received significant initial interest from prospective financial institutions, including commercial lenders and export credit agencies, for providing project financing for the Rook I Project (the “Project” or […]
Nighthawk Gold’s Maiden PEA: C$1.2 Billion NPV5% and 35% IRR after-taxes at US$1,600/oz Gold
2023-04-26 05:40:03 Results of the preliminary economic assessment1 (“PEA”) for the Colomac Gold Project (the “Project”) suggest the potential for a C$1.2 billion after-tax net present value @ 5% discount rate (“NPV5%”) and 35% after-tax internal rate of return (“IRR”) @ US$1,600/ ounce (“oz”) gold (“Au”) price (Base Case assumption) C$2.0 billion after-tax NPV5% and […]
McEwen Copper Closes ARS $30 Billion Investment by Stellantis
2023-02-27 04:54:10 TORONTO, Feb. 27, 2023 (GLOBE NEWSWIRE) — McEwen Copper Inc., a subsidiary of McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), is pleased to announce closing of an ARS $30 billion investment by Stellantis, one of the world’s leading automakers and mobility providers with iconic brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, […]
Nouveau Monde Graphite Issues Positive Results of Preliminary Economic Assessment for Uatnan Mining Project – One of the World’s Largest Graphite Projects in Development with Indicative NPV in Excess of C$2 Billion
2023-01-10 08:05:19 Preliminary economic assessment of the Uatnan Mining Project demonstrates attractive economics for a targeted production of approximately 500,000 tonnes of graphite concentrate per annum over a 24-year life of mine, making it one of the World’s largest graphite projects in development. The Uatnan Mining Project covers Mason Graphite’s Lac Guéret graphite […]
Mason Graphite: NMG Issues Positive Results of its Preliminary Economic Assessment for the Uatnan Mining Project – One of the World’s Largest Graphite Projects in development with Indicative NPV in Excess of C$2 Billion
2023-01-10 07:35:32 Preliminary economic assessment of the Uatnan Mining Project demonstrates attractive economics for a targeted production of approximately 500,000 tonnes of graphite concentrate per annum over a 24-year life of mine, making it one of the World’s largest graphite projects in development. The Uatnan Mining Project covers Mason Graphite’s Lac Guéret graphite […]
Measured plus Indicated resources at Turnagain increase by 42% to 1.52 billion tonnes
2022-10-27 08:48:15 VANCOUVER, British Columbia, Oct. 27, 2022 (GLOBE NEWSWIRE) — Mark Jarvis, CEO of Giga Metals Corp. (TSX.V – GIGA), announced today that the Company has updated its NI 43-101 mineral resource estimate based on an additional 15 drill holes totaling 6,295 metres drilled in 2021 that were drilled for resource expansion and resource […]
Arizona Sonoran Copper Doubles Global Leachable Resource Inventory and Declares Maiden Mineral Resources at Parks/Salyer of 2.92 Billion Pounds at 1.015% Cu
2022-09-28 03:45:07 CASA GRANDE, Ariz. & TORONTO / Sep 28, 2022 / Business Wire / Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) (“ASCU” or the “Company”) is pleased to announce a maiden Mineral Resource Estimate (“MRE”) for the Parks/Salyer (“P/S”) porphyry copper deposit, located immediately southwest of the Cactus Project on contiguous private land […]
Atomic Minerals Commends the White House on $1.5 Billion Supplemental Appropriations for the Department of Energy to Address Dependency on Russian Nuclear Fuel
2022-09-12 08:45:41 VANCOUVER, BC / ACCESSWIRE / September 12, 2022 / Atomic Minerals Corporation (“ATOMIC MINERALS” or the “Company”) (TSX Venture:ATOM) commends the recently announced supplemental Continuing Resolution (“CR”) Appropriations Issues request by the White House aimed at reducing reliance on Russian nuclear fuels. On September 2, President Biden made the supplemental CR appropriations request […]
Uranium Energy Corp Applauds the White House on its Emergency Request to Congress for an Additional $1.5 Billion for the Department of Energy to Reduce Reliance on Russian Nuclear Fuel
2022-09-06 05:05:16 CORPUS CHRISTI, Texas, Sept. 6, 2022 /CNW/ – Uranium Energy Corp (NYSE American: UEC) (“UEC” or the “Company”) applauds recent action by the White House aimed at reducing reliance on nuclear fuels from Russia. On Friday, September 2, a supplemental appropriations request was made from President Biden to Congress for the continuing resolution, including […]
K92 Mining Declares Maiden Inferred Resource of 10.8 Million oz AuEq or 4.7 Billion lbs CuEq at the Blue Lake Porphyry
2022-08-09 14:05:28 VANCOUVER, British Columbia, Aug. 09, 2022 (GLOBE NEWSWIRE) — K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQB: KNTNF) is pleased to announce a maiden resource estimate at the Blue Lake porphyry project, located approximately 4 km southwest of the Company’s producing high-grade gold-copper Kora and Judd intrusion-related deposits at the Kainantu […]
Voyager Metals Reports after Tax NPV Of US$1.6 Billion and IRR of 43% For Its Preliminary Economic Assessment at the Mont Sorcier Magnetite Iron and Vanadium Project in Quebec
2022-07-25 03:06:50 TORONTO, ON / ACCESSWIRE / July 25, 2022 / Annual average EBITDA of US$348MM and average annual free cash flow of US$235MM over 21 year life of mine (“LOM”) Annual production targeted at approx. 5.0 million tonnes of high grade, low impurity, iron concentrate grading ~65% iron with 0.52% V2O5 per tonne of […]
WHEATON PRECIOUS METALS SIGNS US$2 BILLION SUSTAINABILITY-LINKED REVOLVING CREDIT FACILITY
2022-07-18 14:15:15 TSX | NYSE | LSE: WPM VANCOUVER, BC, July 18, 2022 /CNW/ – Wheaton Precious Metals™ Corp. (“Wheaton” or the “Company”) has added a sustainability-linked element in connection with the extension to its existing undrawn US$2 billion revolving credit facility underscoring Wheaton’s commitment to sustainability initiatives. “At Wheaton, sustainability is integral to every […]
Search Minerals Announces Positive Preliminary Economic Assessment for the Deep Fox and Foxtrot Rare Earth Element Project With $2.23 Billion NPV(8)
2022-06-07 01:04:45 Net Present Value – NPV(8) of $2.23 B (pre-tax) and NPV(8) of $1.31 B (after-tax)Internal Rate of Return (IRR) – 55.3% (pre-tax) and 41.5% (after-tax)Capital Payback Period – 1.5 Years (pre-tax) and 1.8 Years (after-tax)Initial Capital Costs – $ 422MApprox. Annual production- 1437t – Magnet Rare Earths Oxides (Nd+Pr:1291t Dy:125t Tb:21t) VANCOUVER, British […]
Kinross Gold announces US$1.0 billion term loan
2022-03-07 15:07:04 TORONTO, March 07, 2022 (GLOBE NEWSWIRE) — Kinross Gold Corporation (TSX:K; NYSE:KGC) (“Kinross”) announced today that it has arranged a new US$1.0 billion term loan. The three-year term loan will mature on March 7, 2025, has no mandatory amortization payments, and has a flexible repayment schedule. Kinross used the proceeds of the financing […]
Xanadu Mines: Kharmagtai Resource Grows to 1.1 Billion Tonnes, Containing 3Mt Cu and 8Moz Au
2021-12-08 05:02:04 TORONTO, Dec. 08, 2021 (GLOBE NEWSWIRE) — Xanadu Mines Ltd (ASX: XAM, TSX: XAM) (Xanadu, XAM or the Company) is pleased to report an updated Mineral Resource Estimate (Resource, Mineral Resource or MRE) for its flagship copper-gold project at Kharmagtai, in the South Gobi region of Mongolia (Table 1). The Company has successfully […]
Noram Lithium: Zeus PEA shows 31% After-Tax IRR USD$1.299 Billion After-Tax NPV
2021-12-08 00:46:47 VANCOUVER, BC / ACCESSWIRE / December 8, 2021 / Noram Lithium Corp. (“Noram” or the “Company”) (TSX – Venture: NRM / Frankfurt:N7R / OTCQB:NRVTF) today announced the summary results of a National Instrument 43-101 compliant Preliminary Economic Assessment (“PEA”) for the high-grade lithium deposit at its wholly-owned Zeus Lithium Project (“Zeus” or the […]
China’s Digital Currency Used in Transactions Worth $10 Billion, 140 Million People Have Digital Yuan Wallets – Regulation Bitcoin News
2021-11-07 03:00:16 China’s central bank digital currency (CBDC), the digital yuan, has been used in transactions worth nearly $10 billion, according to an official with the Chinese central bank, the People’s Bank of China (PBOC). In addition, the government digital wallet has been downloaded by about 140 million people. Digital Yuan’s Adoption Rises, Nearly $10 […]
New IPOs Racing Back to Market With $7.8 Billion of Stock Sales
2021-10-13 12:18:00 (Bloomberg) — Newly public companies and their top shareholders are racing back to the U.S. equity market at the fastest pace this year. Companies that staged initial public offerings in 2021 and their shareholders have sold another $7.8 billion of stock across 28 deals, with $4.4 billion coming since Labor Day, according to […]
Ethereum Dominates DeFi Space As TVL Surpasses $200 Billion
2021-10-06 10:05:37 Ethereum maintains the largest market share of the decentralized finance (DeFi) market. DeFi has boomed through 2021 and market crashes have not slowed down the space. DeFi protocols have seen a high rate of adoption among users. With networks like Solana and Cardano unveiling capabilities to enable them to compete with the top […]
$2.26 Billion in Ether Moved by Whales as Ethereum Miner Balances Hit New All-Time High
2021-10-06 02:42:49 Yuri Molchan Whales and Binance crypto exchange have transferred over $2.26 billion in Ether, while ETH holds near $3,400 and ETH miner balances soar Contents More than $2.26 billion in ETH on the move ETH miner balances keep soaring According to data provided by Whale Alert blockchain tracker website, over the past day, anonymous […]