Resource

TRX Gold Reports First Quarter 2024 Results

Retrieved on: 
Monday, January 15, 2024

TORONTO, Jan. 15, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) today reported its results for the first quarter of 2024 (“Q1 2024”) for the three months ended November 30, 2023.

Key Points: 
  • TORONTO, Jan. 15, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) today reported its results for the first quarter of 2024 (“Q1 2024”) for the three months ended November 30, 2023.
  • Key highlights for Q1 2024 include:
    Positive operating cash flow: The Company poured 4,927 ounces of gold and sold 4,895 ounces of gold, resulting in positive operating cash flow of $5.1 million.
  • Fiscal 2024 production guidance unchanged: The Company continues to expect gold production for 2024 to be between 25,000 – 30,000 ounces at total average cash cost1 of $800 – 900 per ounce.
  • TRX Gold’s CEO, Stephen Mullowney comments: “Q1 2024 has been an exceptionally busy quarter at Buckreef Gold as our team continues to work hard on our next growth phase, including another expansion in processing capacity at the mill.

Global Lithium Market Size Expected to See Strong Growth In Next Few Years Growing to $10.44 Billion In 2028

Retrieved on: 
Thursday, January 11, 2024

The global lithium market size is expected to see strongly grown in the next few years.

Key Points: 
  • The global lithium market size is expected to see strongly grown in the next few years.
  • Major trends in the forecast period include advancements in lithium technologies, solid-state lithium batteries, diversification of lithium sources, integration of lithium in aerospace, and decentralized energy solutions.
  • An increase in smartphone adoption is expected to propel the growth of the lithium market going forward.
  • The report continued: “The increasing demand for electric vehicles is expected to propel the growth of the lithium market going forward.

Dundee Precious Metals Achieves 2023 Gold Production Guidance; Announces Timing of Q4/23 Financial Results

Retrieved on: 
Tuesday, January 9, 2024

In 2023, Ada Tepe produced 134,200 ounces of gold, achieving a new record for annual gold production and its annual gold production guidance.

Key Points: 
  • In 2023, Ada Tepe produced 134,200 ounces of gold, achieving a new record for annual gold production and its annual gold production guidance.
  • In the fourth quarter, Chelopech produced approximately 41,900 ounces of gold and 8.2 million pounds of copper, in-line with expectations.
  • In 2023, Chelopech produced approximately 161,900 ounces of gold and 30.5 million pounds of copper, within its annual guidance for gold and copper production.
  • The Company plans to release its fourth quarter and full-year 2023 operating and financial results after market close on Wednesday, February 14, 2024.

HD Hyundai Vice Chairman Kisun Chung Shares Xite Innovation Vision at CES 2024

Retrieved on: 
Wednesday, January 10, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240110333417/en/
    HD Hyundai Vice Chairman Kisun Chung presented an infrastructure innovation for human sustainability, vision of Xite Transformation at keynote of CES 2024 in Las Vegas, USA on the 10th (local time).
  • (Photo: Business Wire)
    HD Hyundai Vice Chairman and CEO Kisun Chung presented “Xite Transformation,” the vision that transcends the limitations of time and space and will become a solution to create a more sustainable future for humanity.
  • Followed by Chung’s opening speech, partnering companies specified how they plan to collaborate with HD Hyundai to actualize Xite Transformation.
  • Xite Transformation — Kisun Chung, HD Hyundai Vice Chairman and CEO
    Since we first attended CES two years ago, we’ve been sharing developments on our Future Builder vision.

HEALWELL AI to Participate in Upcoming Investor Conferences

Retrieved on: 
Monday, January 8, 2024

Hosted at the Royal Atlantis Resort by CEM, this event introduces growth-stage companies (Resource, Technology, Biotech, Special Situations) to active top-level capital finance individuals through a weekend of pre-scheduled 1:1 meetings and networking activities.

Key Points: 
  • Hosted at the Royal Atlantis Resort by CEM, this event introduces growth-stage companies (Resource, Technology, Biotech, Special Situations) to active top-level capital finance individuals through a weekend of pre-scheduled 1:1 meetings and networking activities.
  • Hosted at the St. Regis Toronto, the Eight Capital innoVIII: Software Spend Symposium will feature a keynote address as well as fireside chats with several of Canada’s leading IT consultants and software vendors.
  • The sessions will provide insights from these industry executives, including valuable context from their conversations with customers, and thus provide an edge in the investment process.
  • For additional information, please contact your primary Eight Capital representative.

Brunswick Corporation to Exhibit Industry Leading ACES Technologies during the 2024 Consumer Electronics Show

Retrieved on: 
Monday, January 8, 2024

LAS VEGAS, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC), the world’s largest marine technology company, will exhibit many of its industry leading ACES technologies during the 2024 Consumer Electronics Show in January.

Key Points: 
  • LAS VEGAS, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC), the world’s largest marine technology company, will exhibit many of its industry leading ACES technologies during the 2024 Consumer Electronics Show in January.
  • “We are thrilled to be exhibiting at the Consumer Electronics Show again in 2024” said Dave Foulkes, Chief Executive Officer, Brunswick Corporation.
  • Brunswick has a unique position in the industry though the breadth of its marine product lines and new technologies, and its deep presence in so many parts of the marine eco-system.
  • “We are excited to be center-stage again at CES in 2024.”
    Visit Brunswick Corporation at CES 2024 at Exhibit #6117 in the West Hall of the Las Vegas Convention Center.

Alaska Energy Metals Files NI 43-101 Technical Report for the Eureka Property, Nikolai Nickel Project, Alaska, USA

Retrieved on: 
Saturday, January 6, 2024

Base case cutoff grade is 0.20% Ni calculated from a Ni price of US$23,946/tonne (US$10.9 US$/lb), surface mining cost of US$2.50 per tonne, and processing costs US$25.00 per tonne.

Key Points: 
  • Base case cutoff grade is 0.20% Ni calculated from a Ni price of US$23,946/tonne (US$10.9 US$/lb), surface mining cost of US$2.50 per tonne, and processing costs US$25.00 per tonne.
  • There is no certainty that any mineral resource will be converted into mineral reserve.
  • Mr. Loveday declares he has read this press release and that the scientific and technical information relating to the resource estimate are correct.
  • Gabriel Graf, the Company’s Chief Geoscientist, is the qualified person, as defined under National Instrument 43-101 guidelines, who reviewed and approved the preparation of the technical information in this news release.

CNX Resources Corporation Announces Fourth Quarter 2023 Financial Results and Q&A Conference Call Schedule

Retrieved on: 
Thursday, January 4, 2024

PITTSBURGH, Jan. 4, 2024 /PRNewswire/ -- CNX Resources Corp. (NYSE: CNX) will announce its financial results for Q4 2023 at 6:45 a.m. Eastern Time on Thursday, January 25.

Key Points: 
  • PITTSBURGH, Jan. 4, 2024 /PRNewswire/ -- CNX Resources Corp. (NYSE: CNX) will announce its financial results for Q4 2023 at 6:45 a.m. Eastern Time on Thursday, January 25.
  • At that time, CNX will issue a brief press release containing links to its prepared remarks for the quarter, presentation materials, and supplemental information providing a Q4 2023 update.
  • This release will be followed by a Q&A conference call and webcast.
  • A replay of the Q&A conference call and webcast will be maintained on the Investor Relations page on CNX's website.

Troilus Announces Agreement for Strategic Sale of Non-Core Mike Lake Properties in Yukon to Prospector Metals; Retains ~20% Ownership Interest

Retrieved on: 
Wednesday, January 3, 2024

MONTREAL, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Troilus Gold Corp. (TSX: TLG; OTCQX: CHXMF; FSE: CM5R) (“Troilus” or the “Company”) announces it has entered into an agreement for the strategic divestiture of its non-core Mike Lake properties (“Mike Lake” or “Mike Lake Project”) in Yukon, Canada, to Prospector Metals Corp. (“Prospector Metals”).

Key Points: 
  • MONTREAL, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Troilus Gold Corp. (TSX: TLG; OTCQX: CHXMF; FSE: CM5R) (“Troilus” or the “Company”) announces it has entered into an agreement for the strategic divestiture of its non-core Mike Lake properties (“Mike Lake” or “Mike Lake Project”) in Yukon, Canada, to Prospector Metals Corp. (“Prospector Metals”).
  • Pursuant to an agreement dated December 29, 2023, Prospector Metals has agreed to acquire the Mike Lake Project from Troilus for share consideration equal to 19.9% of Prospector Metals, in addition to a milestone payment, as detailed below.
  • At closing, it is expected that Prospector Metals will issue to Troilus 8,638,433 post-consolidation common shares* (“Prospector Shares”) at a deemed price of $0.11 per Prospector Share, under the terms of the agreement.
  • Troilus has filed an early warning report today in connection with the execution of an agreement to sell the Mike Lake Project to Prospector Metals and the acquisition of the Prospector Shares issuable on closing of the proposed transaction.

EQS-News: EcoGraf Completes Epanko Pre-Development Field Programs

Retrieved on: 
Wednesday, January 3, 2024

EcoGraf Limited (EcoGraf or the Company) (ASX: EGR; FSE: FMK; OTCQX: ECGFF) is pleased to report that it has successfully completed all the fieldwork aspects of the pre-development technical programs for its Epanko Graphite Project in Tanzania.

Key Points: 
  • EcoGraf Limited (EcoGraf or the Company) (ASX: EGR; FSE: FMK; OTCQX: ECGFF) is pleased to report that it has successfully completed all the fieldwork aspects of the pre-development technical programs for its Epanko Graphite Project in Tanzania.
  • The Mineral Resource infill drilling targeted the Inferred northern and southern parts of the Epanko Western Zone, with a combination of RC and DD drilling.
  • The updated Epanko MRE is expected in Q1 2024, following the return of all drill assays for the program.
  • The graphite will subsequently be processed through the Company’s Australian Product Qualification Facility as part of expanding the scale of the EcoGraf HFfree™ battery anode material testing programs with prospective customers.