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Coeur Mining Inc. today announced that it has arranged a private placement of 7,704,725 flow-through common shares of the Company that will qualify as "flow-through shares" within the meaning of subsection 66 of the Income Tax Act for gross proceeds of approximately $25 million , resulting in a 27% premium. The offering will be subject to a [...]
Hecla Mining Company today announced the appointment of Mark P. Board as a Director effective February 23, 2024. Mr. Board has been President of M Board Mining Consulting, LLC since 2020. Prior to that, he served as Vice President - Innovation and Technical Services for Hecla Limited, a subsidiary of Hecla Mining Company, from June 2014 until his [...]
The Government of Canada awarded C$18.1 million from its Low Carbon Economy Fund to Rio Tinto's Iron Ore Company of Canada to support the decarbonization of iron ore processing at its operations in Labrador West. The funding will enable IOC to reduce the amount of heavy fuel oil that is consumed in the production of iron ore pellets and [...]
Nouveau Monde Graphite Inc. is ramping up its efforts in Bécancour, Québec, to implement its Phase-2 Bécancour Battery Materials Plant. To meet its expected needs for a skilled workforce, construction contractors, and product and service suppliers, NMG is actively engaged in regional development initiatives in the areas of training and procurement [...]
Alcoa today announced that it has entered into an agreement with Alumina Ltd. on terms and process for the acquisition of Alumina Ltd., subject to entry into a scheme implementation agreement. Alcoa and Alumina Ltd. have entered into an exclusivity and transaction process deed , and the Alumina Ltd. Board of Directors has confirmed that, subject to [...]
Electra Battery Materials Corp. is pleased to announce senior management will be participating in the several investment and industry conferences: BMO Global Metals, Mining & Critical Minerals Conference, February 25-28 CEO, Trent Mell, will be available for one-on-one meetings with institutional and industry peers throughout the conference to [...]
Coeur Mining Inc.'s President and Chief Executive Officer, Mitchell J. Krebs, will present at the BMO Capital Markets Global Metals, Mining & Critical Minerals Conference in Hollywood, Florida on Tuesday, February 27, 2024 at 7:30 a.m. Central Time . The BMO Global Metals, Mining & Critical Minerals Conference is an invitation-only investment [...]
Piedmont Lithium Inc. , a leading global supplier of lithium resources critical to the U.S. electric vehicle supply chain, today announced fourth quarter and full year financial results for 2023. "2023 was a pivotal year for Piedmont as our Quebec joint-venture, North American Lithium , successfully commenced operations last March, leading to the [...]
Newmont Corp. announces today the completion of its Chief Operating Officer transition following a five-month handover period. Beginning next week, Rob Atkinson will transition all of his remaining responsibilities to Newmont's new COO, Natascha Viljoen. He will then officially step down from the Newmont Executive Leadership Team, effective May 2 [...]
Alcoa Corp. today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share of the Company's common stock, to be paid on March 21, 2024 to stockholders of record as of the close of business on March 5, 2024. About Alcoa Corporation Alcoa is a global industry leader in bauxite, alumina and aluminum products with [...]
Newmont Corporation reported higher gold Mineral Reserves of 135.9 million attributable ounces for 2023 compared to the Company's 96.1 million ounces at the end of 2022. Newmont has significant upside to other metals, including more than 30 billion pounds of copper reserves and nearly 600 million ounces of silver reserves. This press release [...]
`Newmont Corporation today announced fourth quarter and full year 2023 results, as well as its 2024 outlook. "2023 was a transformational year for Newmont, and for all of our stakeholders," said Tom Palmer, Newmont's President and Chief Executive Officer. "With the acquisition of Newcrest now complete, our principal focus for 2024 is to integrate [...]