🔹 Pantoro Announces Sale of Halls Creek Project 🔹 Pantoro has entered into a binding agreement for the sale of its Halls Creek Project. Through strategic management, the initial mine life at Halls Creek extended from 2.5 years to over 8 years, helping to drive Pantoro’s market cap from $15 million to in excess of $100 million. With proceeds from this sale, Pantoro is well-positioned to accelerate growth at the Norseman Gold Project—one of Australia’s highest-grade goldfields, wholly owned by Pantoro. Just as Halls Creek grew beyond initial expectations, Norseman represents the next big opportunity, with plans to increase production and deliver sustainable value. Read the full announcement below 👇 #Pantoro #GoldMining #NorsemanGold #MiningInnovation #GoldSector
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Carnavale Resources Ltd (ASX:CAV), through wholly owned subsidiary Tojo Minerals Pty Limited, has entered an Asset Sale Agreement for the sale of 100% of licence E40/394, close to Leonora in Western Australia, to KoBold Tjantjuru Pty Ltd. Under this agreement KoBold has an exclusive right to acquire 100% of Tojo’s interests in the Leonora tenement for $405,000 while Carnavale will retain a 1% net smelter return royalty. This sale forms part of Carnavale's strategy of crystallising value from non-core exploration assets while maintaining a strong focus on #gold exploration and development at the Kookynie Gold Project and Ora Banda South Gold Project in Western Australia. CEO Humphrey Hale said: “We are excited to enter this partnership with KoBold, who has an experienced corporate team that is looking to exploration success in Western Australia..." More at #Proactive #ProactiveInvestors #ASX #CAV #GoldMining #GoldStocks #MiningAustralia http://ow.ly/7RJ8105O64w
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Feedback is the pilar of our continuous improvement and success to service excellence. Testimon of our integrated solutions design and ecsecution thereof #miningsecurity #integratedsolutions #yourtrustedpartner
We are incredibly grateful to PPC Cement Dwaalboom for their outstanding testimonial! Our Mining & Energy Security Solutions team has been dedicated to providing exceptional security services to ensure the safety and smooth operation of their premises. Their recognition of our commitment, especially during challenging times like community protests, motivates us to continue delivering excellence in every aspect of our work. We are honoured to be their trusted security partner. Thank you, PPC Cement Dwaalboom, for your trust and confidence in Stallion. #StallionIntegratedSolutions #CreatingConfidence #ClientAppreciation #PPC
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📢 Today Regis Resources Ltd announced the Tropicana Joint Venture partners have approved the Havana Underground Project, an extension to the current operations at the Tropicana Gold Mine located in Western Australia. Regis, through its partnership with AngloGold Ashanti, holds 30% of Tropicana. The Havana Underground Project will establish an underground mine beneath the currently producing Havana open pit and deliver incremental gold production above the planned existing production for Tropicana, primarily from 2027 through to 2029. Key highlights include: 👉 Incremental LOM production (30%) of 55koz 👉 At a conservative assumed gold price of $3,000/oz, the Project delivers incremental pre-tax NPV of $55m (30%), AISC of $953/oz and pre-tax IRR of 62% 👉 Provides further evidence that gold mineralisation across Tropicana continues at depth. Any additional underground growth will further enhance value. 👉 When in production, the Havana Underground will be the third underground mine at Tropicana, highlighting the embedded optionality and value Regis sees within Tropicana. Read the full ASX announcement here: https://lnkd.in/gkrtTQaX #ASXNews #gold #mining
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Carnavale Resources Ltd (ASX:CAV) managing director Humphrey Hale sits down with Proactive’s Jonathan Jackson to discuss the maiden mineral resource estimate (MRE) and scoping study for the Swiftsure deposit within the Kookynie Gold Project, 60 kilometres south of Leonora in Western Australia. The study explored multiple mining scenarios, identifying the most profitable approach as a combination of compact open pit and underground development. The initial Swiftsure MRE reveals 457,000 tonnes at a grade of 5.8 g/t for 85,000 ounces of gold. This includes a particularly high-grade zone containing approximately 53,000 ounces at 31.2 g/t. Notably, 61% of this resource is classified in the indicated category. The resource remains open at depth and along strike, suggesting further potential for expansion. Recent discoveries at the Tiptoe and Valiant sites, along with other targets, present additional opportunities for... Watch at #Proactive #ProactiveInvestors http://ow.ly/MiuU105wyGw
Carnavale Resources’ Swiftsure Gold Project promises robust financials and expansion opportunities
proactiveinvestors.com.au
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Well done
The development of a Super Pit at Barrick’s Lumwana copper mine was officially launched today by the Zambian President, His Excellency Hakainde Hichilema, accompanied by members of his cabinet. The feasibility study for the Super Pit Expansion is expected by the end of the year, paving the way for construction to start in 2025. Once completed, the $2 billion project unlocks the potential to transform Lumwana into a long-life, high-yielding, top 25 copper producer and a Tier One copper mine.
Lumwana’s Super Pit Expansion Officially Launched
barrick.com
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I am really happy that since we bought Laiva Gold In Finland in October 2022 and Mina Tucano in Brazil in November 2023 the gold price is up $700 and $500 respectively for each purchase. It shows you that the best deals usually happen when sentiment for gold is at its worst. When we bought Laiva we were in the middle of an electricity crisis and all the chartists were calling for a flash crash to $1300 in gold. Inversely when a deal feels really good and you are 10 times oversubscribed then usually those are the ones that struggle later. Exciting times for Laiva Gold and Tucano Gold as both resume production and take advantage of these high gold prices. These are big mines and > 95% of the capex required to start them has already been spent by the previous owners. It’s not just about the money. To build these mines today takes years of exploration, permitting, designing, funding and building. #goldprice
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Killi enters into an Option and Joint Venture Agreement with Gold Fields over the West Tanami Project, and Placement Gold Fields can earn up to 85% interest in the Project by spending $13 million on exploration activities over 2 stages. Gold Fields to manage the Project and meet all costs, with Killi leveraged to a gold discovery through its Project interest. Agreement validates the Company’s work to date and the belief that the West Tanami Project has the potential to host a large new scale orogenic gold deposit. Gold Fields to subscribe for $500,000 in Killi shares subject to shareholder approval, affirming the prospectivity of the Company’s Mt Rawdon West Copper-Gold and Ravenswood North Gold Projects in Queensland. Oversubscribed share placement completed to raise an additional $1 million (Total $1.5m including Gold Fields). Mt Rawdon exploration program to commence where high grade rock chips up to 7.2% Cu and 12.4g/t Au recorded within a 4.5km x 1.5km Cu-Au-Mo soil anomaly.
Thrilled to announce this morning our $13 million Joint Venture with Gold Fields at our West Tanami Project in the Kimberley of Western Australia. We welcome this partnership as it validates our belief that the project has the potential for a new large-scale gold deposit and ensures access to funding for the longer-term. Importantly, this deal currently values the West Tanami Project at $15 million, representing just one of Killi's three 100% owned belt-scale copper-gold projects. The JV also enables Killi to focus exploration at the Mt Rawdon Project, where we will continue exploring for a new copper-gold system near Bundaberg. View the full announcement here: https://lnkd.in/dZjgPz76 #killi #killiresources #gold #copper #exploration #goldfields #jv #jointventure #tanami #queenslandexploration
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Silver Opportunity in Latin America: Aftermath Silver Ltd Silver's Promising Projects Here is the link to the New Presentation JUN 2024 https://lnkd.in/dmwHfimt ABOUT Aftermath Silver Ltd Strategic Project Locations 🗺️ '#Project1 The Challacollo #silver project is located in Region I in Northern Chile, 130 km southeast of the major port city of Iquique and 50 km south of the town of Pica #Project2 Cachinal: A low sulphidation epithermal deposit in Chile's prime silver and gold region. #Project3 Berenguela: Located in Peru's Altiplano, a promising silver-copper project in a top mining area. #StrongShareholder #Support 💼 Major investors include Eric Sprott with 35.5 million shares (14.4%) Mandalay Resources 6.7 million shares (3.0%). Strategic investors 9,2m shares (4.1%) Management collectively own a significant portion of shares, indicating strong confidence in the company's potential. Financial Stability 💰 The company holds approximately $4.5 million in cash, providing a solid foundation for ongoing and future project developments. CM-Equity AG Family Office invests in #people and #megatrends. We hold shares in the company and provide support for questions about the European capital market.
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Explore Waco Modular’sTurnkey Accommodation: Your Premier Solution for Mining Operations Embarking on the start-up phase of a mine's development? Look no further than EzeeSpace Turnkey Accommodation for a flexible and scalable solution that meets your needs. Here's why EzeeSpace is the ideal choice for rugged and remote mining locations: Convenience Redefined: Say goodbye to logistical headaches. With EzeeSpace, we handle everything from design to installation, ensuring a hassle-free experience for your team. Cost-effective Solutions: Save time and money with our efficient turnkey accommodation. Waco Modular delivers on its promise of smart, fast solutions that won't break the bank, allowing you to focus on your core operations. Ezee Camps: As your operations expand, Waco Modular provides custom-designed accommodation camps that meet your evolving needs. From living quarters to recreational facilities, we've got you covered. Find out more here: https://bit.ly/4bE0eVX Enabling a Better Tomorrow, Every Day #TurnkeyAccommodation #WacoModular #MiningOperations
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The need for minerals in the world is now at a critical level and will become even more important in the future. To be able to extract these minerals in the most gentle and least resource-intensive way, it is essential that we develop new innovative solutions that can contribute to this. The Coring Company aims to develop SCS Exploration into a comprehensive tool for conducting mineral exploration with this as the main focus. Leaving as small a "footprint" as possible in mineral extraction will be our main focus in these projects. The projects with Teako will enable us to develop our solutions with this as our main goal.
👀 News! A key aspect of our business strategy is to develop a part of our project portfolio with strong partners. Today, we are delighted to announce that we have signed a non-binding letter of intent with The Coring Company for a C$3,000,000 joint venture on 7 of our 53 strategically placed 🇳🇴 Norwegian mineral projects focused on #Copper #Molybdenum #Gold #Silver #Cobalt #Uranium and #REE. The total land package of the seven JV properties totals 887 sqkm. This marks a significant milestone for the company. The Coring Company would commit to paying C$3,000,000 in aggregate cash payments over 2.5 years, including an operator fee to Teako, in exchange for an immediate 50% ownership in the projects. The Coring Company is an emerging #technology firm based in Mo I Rana, Norway. They develop hardware and software aimed at making operations more efficient and cost-effective while reducing the carbon footprint in mineral exploration. Read the full news release in the link below 👇 https://lnkd.in/d8vYNrtd $TMIN $TMIN.CN #Exploration #TeakoNorway
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1moCongratulations on the asset sale Paul.