Iamgold

Azimut Announces Results of the Annual General Meeting and Election of Vanessa Laplante to the Board

Retrieved on: 
Monday, February 26, 2024

Vanessa Laplante brings over 32 years of experience in management, finance, and taxation, including 18 years in the mining industry.

Key Points: 
  • Vanessa Laplante brings over 32 years of experience in management, finance, and taxation, including 18 years in the mining industry.
  • She is a leader in her specialized field, mining taxation.
  • She is an independent director and Chair of the Audit Committee at Critical Elements Lithium Corporation since 2022.
  • Following the Meeting, the Board of Directors reappointed the following officers of the Company: Jean-Marc Lulin, President and CEO; Moniroth Lim, CFO and Corporate Secretary; Jonathan Rosset, VP Corporate Development; Rock Lefrancois, VP Exploration.

Royal Gold Reports Strong Fourth Quarter and Full Year 2023 Operating and Financial Results

Retrieved on: 
Wednesday, February 14, 2024

For the quarter ended December 31, 2023 (“fourth quarter”), we reported net income of $62.8 million, or $0.95 per share, on revenue of $152.7 million and operating cash flow of $101.1 million.

Key Points: 
  • For the quarter ended December 31, 2023 (“fourth quarter”), we reported net income of $62.8 million, or $0.95 per share, on revenue of $152.7 million and operating cash flow of $101.1 million.
  • Barrick is expecting gold production at the Cortez Complex to be 620,000 to 680,000 ounces in 2024 (100% basis).
  • According to Barrick, construction and commissioning activities for the plant expansion were substantially completed by the end of 2023.
  • Gold and copper grades are relatively well correlated at Andacollo and gold production tends to track copper production.

As Today’s Global Market Fluctuates with Uncertainty, Some Analysts Forecasting Upside in Times Ahead for Gold

Retrieved on: 
Tuesday, January 30, 2024

Increase in demand for gold and increase in the use of gold in various industries drive the growth of the gold mining market.

Key Points: 
  • Increase in demand for gold and increase in the use of gold in various industries drive the growth of the gold mining market.
  • By 2030, the global Gold Mining market size is projected to reach multimillion figures, displaying an unexpected compound annual growth rate between 2024 and 2030.
  • Market Reports World continued: “A significant driver of the Gold Mining market is the growing consumer awareness of health and wellness.
  • In summary, the outlook for the Gold Mining market is optimistic, with sustained growth expected in the coming years.

Kenorland Minerals Provides Exploration Update

Retrieved on: 
Wednesday, November 15, 2023

Vancouver, British Columbia--(Newsfile Corp. - November 15, 2023) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") is pleased to provide an update of its 2023 exploration activities, highlighting advancements on projects located in Quebec, Ontario, Manitoba, BC, and Alaska, including projects held under agreements with Sumitomo Metal Mining Canada Ltd. ("Sumitomo"), Newmont Corporation ("Newmont"), Centerra Gold Inc. ("Centerra"), and Antofagasta Minerals ("Antofagasta").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - November 15, 2023) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") is pleased to provide an update of its 2023 exploration activities, highlighting advancements on projects located in Quebec, Ontario, Manitoba, BC, and Alaska, including projects held under agreements with Sumitomo Metal Mining Canada Ltd. ("Sumitomo"), Newmont Corporation ("Newmont"), Centerra Gold Inc. ("Centerra"), and Antofagasta Minerals ("Antofagasta").
  • The total updated forecast for exploration expenditures on properties in which Kenorland holds direct or royalty interests is anticipated to be over $31.4 million in 2023, which includes up to $26.4 million in exploration financed by partners.
  • Given the low exploration maturity and proven endowment, the Muskayk Project compliments the Company's existing exploration portfolio.
  • Critical Minerals Portfolio: Over the last two years, the Company has assembled a portfolio of projects focused on critical minerals including rare earth elements ("REE") and Niobium.

IAMGOLD Announces Filing of Draft Buy-Out Offer for Euro Ressources

Retrieved on: 
Tuesday, November 14, 2023

("IAMGOLD France"), a draft buy-out offer with the Autorité des marchés financiers ("AMF") in France to acquire all of the outstanding common shares ("EURO Shares") of EURO Ressources S.A. ("EURO") that IAMGOLD France does not already own for cash consideration of €3.50 per EURO Share (the "Offer Price") to be followed immediately by a squeeze-out under French law (the "Offer").

Key Points: 
  • ("IAMGOLD France"), a draft buy-out offer with the Autorité des marchés financiers ("AMF") in France to acquire all of the outstanding common shares ("EURO Shares") of EURO Ressources S.A. ("EURO") that IAMGOLD France does not already own for cash consideration of €3.50 per EURO Share (the "Offer Price") to be followed immediately by a squeeze-out under French law (the "Offer").
  • The IAMGOLD website does not constitute a part of, and is not incorporated by reference into, the offer document or any of the other mentioned documents.
  • EURO shareholders are urged to read the offer document because it contains important information about the Offer, EURO and IAMGOLD.
  • In addition, EURO shareholders may wish to consult with their tax advisors regarding the tax consequences of tendering their EURO securities under the Offer.

Filing of a draft information document prepared by EURO Ressources in response of the buy-out offer followed by a squeeze-out initiated by IAMGOLD France SAS

Retrieved on: 
Wednesday, December 6, 2023

This news release has been prepared by EURO Ressources pursuant to article 231-26 of the General Regulations of the AMF.

Key Points: 
  • This news release has been prepared by EURO Ressources pursuant to article 231-26 of the General Regulations of the AMF.
  • The offer and the draft offer document filed by IAMGOLD France SAS and the draft information document in response from EURO RESSOURCES are subject to review by the AMF.
  • Natixis guarantees the content and the irrevocable nature of the undertakings made by IAMGOLD France in connection with the Offer.
  • a maximum number of 6,249,128 Shares representing 9.99999983998% of the share capital and 5.60% voting rights of EURO Ressources.

EURO Ressources: ESTABLISHMENT OF A SPECIAL COMMITTEE

Retrieved on: 
Tuesday, November 21, 2023

In accordance with article 261-1-III of the general regulations of the Autorité des Marchés Financiers ("AMF"), the Board of Directors of the Company thus convened established a Special Committee comprised of Mr. David Watkins as Chairman (independent director), Mr. Ian Smith (independent director) and Mrs. Susanne Hermans (independent director).

Key Points: 
  • In accordance with article 261-1-III of the general regulations of the Autorité des Marchés Financiers ("AMF"), the Board of Directors of the Company thus convened established a Special Committee comprised of Mr. David Watkins as Chairman (independent director), Mr. Ian Smith (independent director) and Mrs. Susanne Hermans (independent director).
  • The Special Committee is responsible for proposing to the Board of Directors the appointment of an independent expert, supervising the mission of the expert and making a recommendation to the Board of Directors on the intended offer.
  • Following the recommendations of the Special Committee, the Board of Directors, convened on October 17, 2023, appointed Sorgem Evaluation, represented by Claire Karsenti, as independent expert.
  • The Board of Directors will issue a reasoned opinion on the proposed Offer after reviewing the report of the independent expert report and the recommendation of the Special Committee.

METALLA PROVIDES THREE-YEAR CORPORATE STRATEGY AND HIGHLIGHTS NEAR-TERM CATALYSTS

Retrieved on: 
Wednesday, December 6, 2023

VANCOUVER, BC, Dec. 6, 2023 /PRNewswire/ - Metalla Royalty & Streaming Ltd. ("Metalla" or the "Company") (TSXV: MTA) (NYSE American: MTA) is pleased to profile its post-merger core assets and provide a three-year corporate strategy and highlights near-term portfolio catalysts.

Key Points: 
  • VANCOUVER, BC, Dec. 6, 2023 /PRNewswire/ - Metalla Royalty & Streaming Ltd. ("Metalla" or the "Company") (TSXV: MTA) (NYSE American: MTA) is pleased to profile its post-merger core assets and provide a three-year corporate strategy and highlights near-term portfolio catalysts.
  • Mr. Heath continued, "Over the next three years as we benefit from the many upcoming catalysts in our portfolio, we intend to focus on additional strategic transactions and the development of a capital return strategy."
  • On November 30, 2023, the Board of Directors authorized the termination of the ATM Program and no further sales will take place thereunder.
  • Metalla will enter 2024 with royalties on six producing assets and three new mines that are expected to commence production during the year.

SLAM Exploration Acquires New Niobium Critical Mineral Project

Retrieved on: 
Wednesday, October 25, 2023

MIRAMICHI, New Brunswick, Oct. 25, 2023 (GLOBE NEWSWIRE) -- SLAM Exploration Ltd. (TSX-V: SXL) (“SLAM” or the “Company”) is pleased to announce it has signed an arm’s length binding term sheet with St-Georges Eco-Mining Corp. (CSE: SX) (“St-Georges”) to give SLAM the option to acquire a 51% interest in the Notre Dame Niobium Critical Mineral Project (the “Notre Dame Project”).

Key Points: 
  • MIRAMICHI, New Brunswick, Oct. 25, 2023 (GLOBE NEWSWIRE) -- SLAM Exploration Ltd. (TSX-V: SXL) (“SLAM” or the “Company”) is pleased to announce it has signed an arm’s length binding term sheet with St-Georges Eco-Mining Corp. (CSE: SX) (“St-Georges”) to give SLAM the option to acquire a 51% interest in the Notre Dame Niobium Critical Mineral Project (the “Notre Dame Project”).
  • The Notre Dame Project is located 110 km northwest of the only niobium producing mine in North-America: the Niobec niobium mine in Quebec.
  • SLAM President Mike Taylor states: “The Notre Dame Project is an exciting acquisition for SLAM.
  • This is a key acquisition as SLAM builds up niobium, rare earth and lithium assets in the critical element space.”

METALLA PROVIDES UPDATE ON CÔTÉ AND GOSSELIN ROYALTY

Retrieved on: 
Wednesday, October 25, 2023

Metalla owns a 1.35% Net Smelter Return royalty on Gosselin and a portion of Côté (collectively, the "Royalty").

Key Points: 
  • Metalla owns a 1.35% Net Smelter Return royalty on Gosselin and a portion of Côté (collectively, the "Royalty").
  • Brett Heath, President & CEO of Metalla commented, "We are thrilled to see the continued success in exploration activities at Gosselin, especially the significant intercepts at depth.
  • We look forward to the future at Gosselin and IAMGOLD's work to include the deposit into the future Côté life-of-mine plans."
  • IAMGOLD stated recent drilling at Gosselin provide evidence that the 5 Moz gold Gosselin deposit(1) is approaching similar dimensions as the adjacent ~14 Moz gold Côté deposit(1).