CIL

Endeavour Announces Wet Commissioning is Underway at Lafigué Project

Retrieved on: 
Jeudi, mai 30, 2024

Project remains on budget with first gold pour expected in late-June; a quarter earlier than initially scheduled

Key Points: 
  • Project remains on budget with first gold pour expected in late-June; a quarter earlier than initially scheduled
    Ore stockpiles stand at 1.6Mt at 1.30g/t gold for 65koz, with over 14.4Mt of material mined since Q4-2023
    Abidjan, 30 May 2024 – Endeavour Mining plc (LSE:EDV, TSX:EDV, OTCQX:EDMF) (“Endeavour”, the “Group” or the “Company”) is pleased to announce that wet commissioning activities are now underway at the Lafigué project in Côte d’Ivoire.
  • Ian Cockerill, Chief Executive Officer, commented: “We are pleased with our progress at the Lafigué project, as we begin wet commissioning, with construction on budget and a quarter ahead of schedule.
  • With the commissioning of the Lafigué project now underway and first gold production at the Sabodala-Massawa BIOX® expansion achieved in early Q2 this year, Endeavour is well positioned to successfully execute its growth strategy, completing the current phase of investment, and transitioning to a more cash flow generative phase.
  • To date, 65 students in the programme have been successfully employed at Lafigué in long-term technical roles.

AM Best Affirms Credit Ratings of Convex Group Limited’s Subsidiaries

Retrieved on: 
Jeudi, mai 30, 2024

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Convex Re Limited (CRL) (Bermuda), Convex Insurance UK Limited (CIL) (United Kingdom), Convex Europe S.A. (CES) (Luxembourg) and Convex Guernsey Limited (CGU) (Guernsey).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Convex Re Limited (CRL) (Bermuda), Convex Insurance UK Limited (CIL) (United Kingdom), Convex Europe S.A. (CES) (Luxembourg) and Convex Guernsey Limited (CGU) (Guernsey).
  • All four entities are wholly owned subsidiaries of Convex Group Limited (Convex) (Bermuda), the non-operating holding company of the group.
  • The ratings factor in the strategic importance of CRL, CIL and CES to Convex, while CGU’s ratings consider the significant reinsurance support it receives from CRL.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .

Cambridge Isotope Laboratories, Inc. Launches 12C Methane QG Diamond for Quantum Applications

Retrieved on: 
Lundi, mai 27, 2024

TEWKSBURY, MA, May 27, 2024 - (ACN Newswire) - Cambridge Isotope Laboratories, Inc. (CIL) is pleased to announce the release of highly enriched 12C methane with low nitrogen content called 12C Methane QG Diamond(TM) for quantum applications in the field of color and nitrogen vacancy CVD diamonds.

Key Points: 
  • TEWKSBURY, MA, May 27, 2024 - (ACN Newswire) - Cambridge Isotope Laboratories, Inc. (CIL) is pleased to announce the release of highly enriched 12C methane with low nitrogen content called 12C Methane QG Diamond(TM) for quantum applications in the field of color and nitrogen vacancy CVD diamonds.
  • 12C Methane QG Diamond will be useful for academics focused on quantum research, those developing diamonds with specific color properties or nitrogen-vacancy (NV) centers, and producers of industrial diamonds.
  • The process of such applications begins with 12C-enriched methane.
  • Quantum magnetometers based on NV are revolutionizing inertial navigation, enhancing electric vehicle battery efficiency, healthcare, internet security, and may one day enable brain-to-machine interfaces.

Cambridge Isotope Laboratories (CIL) Shows Long-Term Commitment to Xenia, Ohio, Facility With New Land Purchase

Retrieved on: 
Jeudi, avril 25, 2024

TEWKSBURY, MA, Apr 25, 2024 - (ACN Newswire) - Cambridge Isotope Laboratories, Inc. (CIL) has acquired an additional 14.8 acres of land at its Cambridge Isotope Separations (CIS) Xenia, Ohio location.

Key Points: 
  • TEWKSBURY, MA, Apr 25, 2024 - (ACN Newswire) - Cambridge Isotope Laboratories, Inc. (CIL) has acquired an additional 14.8 acres of land at its Cambridge Isotope Separations (CIS) Xenia, Ohio location.
  • Mike Steiger, Vice President of Engineering and Project Execution for CIL, stated that the new land purchase will ensure easier access to utilities for future expansion.
  • This newly acquired land is situated to the west of the 20 acres purchased in 2017, which is currently the site of the North Star expansion project.
  • North Star is the largest 13C separation facility ever built in the world and will significantly increase CIL's capacity ensuring customer reliability for this stable isotope.

Bomboré Hard Rock Expansion Update and Three-Year Production Forecast

Retrieved on: 
Lundi, mai 6, 2024

VANCOUVER, British Columbia, May 06, 2024 (GLOBE NEWSWIRE) -- Orezone Gold Corporation (TSX: ORE, OTCQX: ORZCF) (the “Company” or “Orezone”) is pleased to provide an update on its Phase II hard rock expansion and a three-year production forecast for its Bomboré Gold Mine located in central Burkina Faso.

Key Points: 
  • VANCOUVER, British Columbia, May 06, 2024 (GLOBE NEWSWIRE) -- Orezone Gold Corporation (TSX: ORE, OTCQX: ORZCF) (the “Company” or “Orezone”) is pleased to provide an update on its Phase II hard rock expansion and a three-year production forecast for its Bomboré Gold Mine located in central Burkina Faso.
  • Stage 1 will consist of an initial 2.5Mtpa hard rock plant, with a subsequent Stage 2 expansion increasing the hard rock throughput to 5.0-7.0Mtpa.
  • The capital cost for the initial 2.5Mtpa hard rock plant is estimated at US$80 million, significantly less than the US$168 million estimated for the 4.4Mtpa hard rock plant, along with the benefit of a shorter overall construction timeline.
  • The Company expects to finance the costs of construction for this Stage 1 hard rock plant primarily through senior debt, with the balance from future operating cash flow.

Lion One Drills 448.98 g/t, 202.34 g/t, and 108.5 g/t Gold at Tuvatu, Provides Operations Update

Retrieved on: 
Jeudi, avril 25, 2024

Drilling below the 1101 level is targeting URW1 down-dip extension, drilling above the 1101 level is grade control drilling.

Key Points: 
  • Drilling below the 1101 level is targeting URW1 down-dip extension, drilling above the 1101 level is grade control drilling.
  • The Murau lode system dips moderately to the SSW and is open down dip and at depth.
  • The Murau lode system will be the second area to enter production in Zone 2 after the URW1 lode system.
  • An access drive has been completed on the 1161 level and will provide access for the longhole drills and larger loaders.

BC.GAME Secures New Curacao LOK License, Enhancing Legal Compliance and Global Reach

Retrieved on: 
Lundi, avril 22, 2024

This achievement reaffirms BC.GAME's unwavering commitment to providing a secure and legally compliant gambling environment for its global user base.

Key Points: 
  • This achievement reaffirms BC.GAME's unwavering commitment to providing a secure and legally compliant gambling environment for its global user base.
  • Jack Dorsey, the CEO of BC.GAME, said: "We are immensely grateful for Curacao's robust regulatory framework, which has been pivotal in the gambling industry.
  • Obtaining this license is a vital milestone in BC.GAME's ongoing development and our commitment to providing a trustworthy and secure gambling experience."
  • Obtaining licenses and ensuring compliance are crucial steps in solidifying BC.GAME's position as a dependable and well-regulated global online gaming platform.

Cambridge Isotope Laboratories, Inc. (CIL) Announces Relocation of Corporate Headquarters and Expansion of Research & Development and cGMP Production

Retrieved on: 
Vendredi, mars 15, 2024

The new location is a two-building, 150,000-square-foot campus with 25 lakefront acres at 100 & 200 Ames Pond Drive.

Key Points: 
  • The new location is a two-building, 150,000-square-foot campus with 25 lakefront acres at 100 & 200 Ames Pond Drive.
  • The Ames Pond campus will be the home of a new 8,000-square-foot research and development (R&D) facility and will significantly expand cGMP, QC, formulations, and production labs.
  • This expansion provides CIL the space to develop new products and invest in advanced analytical and production technologies," states CIL's Chief Science Officer (CSO) Todd Osiek.
  • CIL will continue operating its existing headquarters at 3 Highwood Drive, Tewksbury, MA, and production facility located 50 Frontage Road in Andover, MA.

Robex Corporate Strategy Update

Retrieved on: 
Lundi, mars 18, 2024

QUEBEC CITY, March 18, 2024 (GLOBE NEWSWIRE) -- Robex Resources Inc. (TSXV: RBX) (“Robex” or the “Company”) is providing a corporate strategy update for Guinea and Mali.

Key Points: 
  • QUEBEC CITY, March 18, 2024 (GLOBE NEWSWIRE) -- Robex Resources Inc. (TSXV: RBX) (“Robex” or the “Company”) is providing a corporate strategy update for Guinea and Mali.
  • Following the updated resource estimate at Mansounia published on December 22nd 2023, the Management and the Board of Directors have decided to revise and update the development schedule.
  • The Board of Directors and the Management of Robex remain committed to finding the best possible outcome for this asset going forward.
  • Unaudited cash position as of February 29th, 2024, is CAD 12.7 million and Robex has liquidity to meet all the cash and short-term ratios.

Liberty Gold Reports Phase 4 Metallurgical Column Leach Results and Final Phase 5 Metallurgical Drill Assays at its Black Pine Oxide Gold Project, Idaho

Retrieved on: 
Jeudi, mars 14, 2024

Additionally, final assay results are released on the remaining 4 metallurgical core holes drilled in 2023 to provide samples for the Phase 5 metallurgical test program.

Key Points: 
  • Additionally, final assay results are released on the remaining 4 metallurgical core holes drilled in 2023 to provide samples for the Phase 5 metallurgical test program.
  • Jon Gilligan, President & Chief Operating Officer for Liberty Gold said, “The results of this latest phase of metallurgical column testwork add key infill data to the gold recovery model at Black Pine.
  • Phase 4B and 4C composites and the pending Phase 5 variability test program filled gaps in the Black Pine resource metallurgical database.
  • Gold and silver were recovered from column leach pregnant solutions by passing it through a small (separate) column containing activated carbon.