Metro Mining Ltd (ASX:MMI) announces that Greenstone Management (Delaware) II LLC, trading as Greenstone Resources, has sold its 14% shareholding in the company. After eight years as Metro’s largest shareholder, Greenstone Resources has chosen to exit its investment following a process that attracted significant interest. Mark Sawyer, Senior Partner at Greenstone Resources, expressed confidence in Metro’s transformation over the past three years under the leadership of Simon Wensley. He commended the team for creating a strong foundation for a profitable and sustainable future. Metro Mining extends its gratitude to Greenstone Resources for their longstanding support and commitment, which has been instrumental in the company’s development. #ASX #MMI #resources #bauxite #aluminium #energy #EV
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Barton Gold is pleased to confirm that a significant #drilling program has been completed by Raglan Drilling at the #Tunkillia Gold Project, with over 5,000m drilled to support Resources growth and an Optimised Scoping Study. Link: https://lnkd.in/gK4kf4sD #gold #invest in #SouthAustralia #mining #investment #Australia #team #exploration #ASX: $BGD #OTCQB: $BGDFF #FRA: $BGD3 #news Alexander Scanlon / Graham Arvidson / Christian Paech / Kenneth Williams / Nicola Frazer / Jade Cook / Kim Russell / Marc Twining / Ian Garsed / David Wilson / Dean Pluckhahn / Alan Oertel / Sylvie Genevieve Nombre Jeanette Brooks / Department for Energy and Mining, South Australia / Department of State Development / Hon Tom Koutsantonis MP / Paul Martyn / Benjamin Zammit / NRW Holdings / Merk Investments / Cumulus Wealth / Gocta Group / Ixios Asset Management / Jim Mellon / Canaccord Genuity Group Inc. / Canaccord Genuity Australia / Timothy Lee / Mercer Street Capital Partners, LLC / Collins St Asset Management / Ballingal Investment Advisors / Centennial Asset Management / Kerry Stevenson / Geoff Brereton / Hedley Widdup / Peter Kormendy / Tim McCormack
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Timmins Gold Camp: A Strategic Advantage for Onyx Gold The Timmins Gold Camp is home to multiple large mills with significant excess milling capacity, presenting a major opportunity for Onyx Gold. Established infrastructure—such as the Newmont Porcupine Complex, Pan-American Bell Creek Mill, Agnico Eagle’s Holt/Holloway and Macassa Mills, McEwan’s Stock Mill, and Alamos’ Young-Davidson—ensures that mills are actively seeking incremental feed. Key Benefits for Onyx Gold: -Lower Discovery Threshold: We can capitalize on existing mills, reducing the amount of discovery ounces required for a production decision. -Reduced Permitting Risk: Existing facilities eliminate the need for new permits. -Lower Capital Requirements: No need to build a mill—cutting upfront costs. -Accelerated Lead Time to Production: Production timelines are drastically shortened from the typical 16 years to as little as 2-4 years. With strong demand for incremental mill feed in the region, Onyx Gold is well-positioned to move rapidly from discovery to production, leveraging Timmins' unmatched infrastructure. Learn more: https://lnkd.in/drkG7EFN #Mining #GoldExploration #TimminsGoldCamp #OnyxGold #MiningInfrastructure #Gold
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Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) recently received final government approval for an expanded exploration and plan of operations permit at the company’s Black Pine project in #Idaho. This approval allows exploration activities on government lands where Liberty Gold holds mineral title but was not previously permitted to drill. This new permit expands the current area for permitted exploration by 51% to 37.3 km2, allowing the company to explore 7 new target areas where the prospective and permissive #gold host-rock carbonate sequence is known to occur at shallow depths. For more information, read the full news release here: https://bit.ly/4cgFHa5 #miningnews #exploration #investing
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What a Year for QMines! 🎉 As we wrap up the year, we want to take a moment to reflect on the incredible progress and milestones achieved by the QMines team this year. It’s been a year of growth, hard work, and major achievements: ✅ Outstanding Drilling Results: Delivered exceptional results at Develin Creek and Mt Chalmers, boosting resource potential. ✅ Pre-Feasibility Study: Confirmed the Mt Chalmers project's robust economics and long-term viability. ✅ Mt Chalmers Mining Lease Application: A major step closer to production! ✅ Develin Creek Acquisition: Completed 100% ownership of this high-grade copper project. ✅ Industry Recognition: Winner of the Mining.com.au Exceptional ESG Award for sustainability leadership. To the entire QMines team, our shareholders, and our community—thank you for being part of this exciting journey. We’re incredibly proud of what we’ve accomplished together in 2024 and look forward to achieving even more in 2025. 🚀 The best is yet to come! ASX:QML | FSE:81V #QML #QMines #Copper #Gold #Exploration #Mining #Sustainability #2024 #queensland #resources #copperexploration
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Lefroy Exploration Ltd is an active West Australian exploration company focused on expanding and developing the growing #gold and #criticalminerals portfolio with high-quality assets located within the Lefroy Project in the Yilgarn Block of Western Australia. The Lefroy Project is a commanding contiguous land package of 635km² in the heart of the world-class Kalgoorlie-Kambalda mining district with a growing mineral resource inventory currently standing at 1.1 million ounces of gold, 58,000 tonnes of contained #copper and 14,780 tonnes of contained #nickel (as at August 2023). This achievement is the culmination of several significant greenfields discoveries and strategic land acquisitions by #LEX since its founding in 2016. This includes the Lucky Strike and Red Dale gold deposits, the Burns Gold-Copper (porphyry) deposit, and the newly acquired freehold title, Location 45. View the Company highlights below. Learn more: https://loom.ly/4FmzoUg #ASX
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Fortune Bay Corp. is pleased to announce commencement of work to further advance its 100% owned Goldfields Gold Project, located in northern Saskatchewan. A Preliminary Economic Assessment completed by Ausenco Engineering Canada Inc., in October 2022, has clearly demonstrated robust economics for Goldfields. Fortune Bay has engaged with Fuse Advisors Inc. to define a project development roadmap to advance the Project toward the next stage of engineering and design. Read the full news release here: https://bit.ly/4fAJelw #Gold #GoldMining #goldstocks #stockexchange #miningnews #miningexploration #Mining
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Blue Ocean is pleased to have acted as Joint Lead Manager in the $30 million equity raising for Larvotto Resources Limited (ASX: LRV). Proceeds from the Placement will be used to significantly expand exploration underground and at surface to demonstrate the potential scale of the Hillgrove gold-antimony project, while adding to the existing inventory of high-grade gold and antimony rich mineralisation, as well as conclude the Hillgrove Definitive Feasibility Study, advance underground works, and procure long lead-time items to speed up processing commencement. #mining #antimony #gold
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Pan African Resources (PAR) is thrilled to announce the acquisition of Tennant Consolidated Mining Group (TCMG) for US$54.2 million in Australia’s Northern Territory, rated as one of the world’s foremost mining-friendly jurisdictions by the Fraser Institute. This strategic move gives PAR a 92% stake in the Nobles Gold project—a high-potential asset with construction already over halfway complete and production slated for FY26, and significant regional exploration upside. This acquisition is a key milestone in our journey to enhance value for stakeholders, bringing an estimated 50,000 added ounces annually and projected returns of 27% IRR. Supported by our commitment to Ownership, Resilience, and Excellence, we’re securing a robust, sustainable future. Together, we’re not just mining - we’re Mining for a Future. Read this report for more on the acquisition: https://lnkd.in/di6x2s28 #PanAfricanResources #GrowthStrategy #MiningForAFuture
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Solstice Minerals Explore the strategic moves by Solstice Minerals, including asset sales and future exploration plans that shape its growth trajectory. Read More https://lnkd.in/gsxp4ua6 #AssetDivestment, #CashReserves, #AssayResults, #ExplorationStrategy, #MiningInfrastructure
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U.S. Gold Corp. (NASDAQ:USAU), a mining company focused on the development and exploration of precious metal projects in the United States, is making major strides toward realizing near-term production at its flagship CK Gold-Copper Project in Wyoming, matched only by an enviable portfolio of district-scale exploration projects in the mining-friendly states of Nevada and Idaho. Each asset is a company maker, highly relevant In today’s M&A climate. The CK Gold Project, in the State of Wyoming, reached a critical threshold in late April 2024 with the granting of a Surface Mine Permit, bringing the project a major step closer to development and production. Concurrently, its exploration assets in Nevada and Idaho, present exceptional future value potential. The Keystone Project, a 20 square mile land package situated just 11 miles south of Nevada Gold’s (ABX-NEM JV) second largest gold mine, the Cortez Hill Complex, represents a compelling analogue to the discoveries that made the Carlin Trend legendary. Let’s take a closer look at these projects and how the company expects to maximize potential at each of them. https://lnkd.in/gSsdpWYb #USGoldCorp #CKGoldProject #CopperMining #GoldMining #WyomingMining #NevadaMining #KeystoneProject #PreciousMetals #MiningExploration #CarlinTrend #CortezHillComplex #MiningDiscovery
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