Mineral

Ministry of Industry and Mineral Resources Announces Conclusion of Future Minerals Forum with Wide Local, International Participation

Retrieved on: 
Monday, January 17, 2022 - 9:54am

RIYADH, Saudi Arabia, Jan. 17, 2022 (GLOBE NEWSWIRE) -- The Ministry of Industry and Mineral Resources announced the conclusion of the Future Minerals Forum, which was held in Riyadh between January 11 and 13 under the patronage of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud.

Key Points: 
  • RIYADH, Saudi Arabia, Jan. 17, 2022 (GLOBE NEWSWIRE) -- The Ministry of Industry and Mineral Resources announced the conclusion of the Future Minerals Forum, which was held in Riyadh between January 11 and 13 under the patronage of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud.
  • A ministry statement stressed that the conference has witnessed a distinguished participation at the level of governments, international organizations, major mining companies, financial institutions, academics, researchers and concerned people from the Kingdom of Saudi Arabia and the world.
  • Abdulrahman Al-Fadley; Minister of Industry and Mineral Resources Bandar Al-Khorayed; Governor of Public Investment Fund Yasir Al-Rumayyan; CEO of Sabic Yousef Al-Banyan; and CEO of Maaden Eng.
  • The exhibition accompanying the conference, which included a Saudi pavilion with 12 government institutions, saw the participation of some countries with special pavilions, in addition to the participation of more than 30 Saudi and international companies.

Lomiko Updates Private Placement

Retrieved on: 
Saturday, January 15, 2022 - 12:51am

Further to the press release dated January 7, 2022, Lomiko Metals Inc. (TSX.V: LMR) (Lomiko Metals or the Company), subject to the approval of the TSX Venture Exchange for a non-brokered private placement, has updated the closing of its financing for gross proceeds of $1,666,000 through the issue of 20,825,000 units (Units) at a price of $0.08 per unit.

Key Points: 
  • Further to the press release dated January 7, 2022, Lomiko Metals Inc. (TSX.V: LMR) (Lomiko Metals or the Company), subject to the approval of the TSX Venture Exchange for a non-brokered private placement, has updated the closing of its financing for gross proceeds of $1,666,000 through the issue of 20,825,000 units (Units) at a price of $0.08 per unit.
  • The closing of the private placement is subject to the completion of formal documentation and the approval of the TSX Venture Exchange.
  • Proceeds of the private placement will be used for working capital.
  • The Company did not file a material change report 21 days prior to the closing date of this private placement as details of the respective participation of such insiders in the Offering was unknown at such time.

NorthWest Copper Enters Into Property Option Agreement

Retrieved on: 
Friday, January 14, 2022 - 2:06pm

VANCOUVER, British Columbia, Jan. 14, 2022 (GLOBE NEWSWIRE) -- NorthWest Copper (NorthWest or the Company) (TSX-V: NWST) (OTCQX: NWCCF) is pleased to announce that it has entered into a property option agreement (the Option Agreement) with Alpha Copper Corp. (Alpha) (CSE:ALCU) whereby the Company has granted Alpha the right to acquire a 100% interest in a series of mineral claims located in the province of British Columbia commonly referred to as the Okeover Copper (molybdenum) Project (the Property), subject to 2% net smelter return to be retained by the Company (the NSR Royalty).

Key Points: 
  • VANCOUVER, British Columbia, Jan. 14, 2022 (GLOBE NEWSWIRE) -- NorthWest Copper (NorthWest or the Company) (TSX-V: NWST) (OTCQX: NWCCF) is pleased to announce that it has entered into a property option agreement (the Option Agreement) with Alpha Copper Corp. (Alpha) (CSE:ALCU) whereby the Company has granted Alpha the right to acquire a 100% interest in a series of mineral claims located in the province of British Columbia commonly referred to as the Okeover Copper (molybdenum) Project (the Property), subject to 2% net smelter return to be retained by the Company (the NSR Royalty).
  • The issuance of the first $750,000 in common shares and the first $500,000 in expenditures are obligations of Alpha pursuant to the Option Agreement.
  • It consists of 12 contiguous claims totaling 4,614 hectares and is beneficially owned 100% by NorthWest, subject to the Option Agreement.
  • With a robust portfolio in a tier one jurisdiction, Northwest Copper is well positioned to participate fully in a strengthening global copper market.

Nullagine Gold Project Production Update

Retrieved on: 
Friday, January 14, 2022 - 1:30pm

VANCOUVER, British Columbia., Jan. 14, 2022 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) provides a Q4 2021 operational update from Beatons Creek, located in Nullagine, Western Australia.

Key Points: 
  • Gold production in Q4 2021 totalled 12,833 ounces of gold with CY 2021 total production of 49,364 ounces of gold.
  • Q4 2021 gold sales totalled 13,023 ounces of gold and 1,758 ounces of silver for gross revenue of C$30 million (A$32.4 million)2.
  • CY 2021 gold sales totalled 49,231 ounces of gold and 6,829 ounces of silver for gross revenue of C$112.4 million (A$119.3 million)2.
  • The Company cautions that its declaration of commercial production effective October 1, 2021 only indicates that the Nullagine Gold Project was operating at anticipated and sustainable levels and it does not indicate that economic results will be realized.

Condor Gold Plc (“Condor Gold”, “Condor” or the “Company”) Exercise of Options and Issue of Shares

Retrieved on: 
Thursday, January 13, 2022 - 6:02pm

Application has been made for the Shares to be admitted to trading on AIM (Admission), with Admission expected to occur on or around 20 January 2022.

Key Points: 
  • Application has been made for the Shares to be admitted to trading on AIM (Admission), with Admission expected to occur on or around 20 January 2022.
  • The Shares will rank pari passu with the existing Ordinary Shares, including the right to receive all dividends and other distributions declared after the date of their issue.
  • Following Admission, the Company will have 146,930,715 ordinary shares with a nominal value of 20p each in issue with voting rights and admitted to trading on AIM and the TSX.
  • On 25 October 2021 Condor announced the filing of a Preliminary Economic Assessment Technical Report (PEA) for its La India Project, Nicaragua on SEDAR https://www.sedar.com .

Saudi Ministry of Industry and Mineral Resources announces landmark Licensing Round as key milestone of the first Future Minerals Forum

Retrieved on: 
Thursday, January 13, 2022 - 5:44pm

RIYADH, Kingdom of Saudi Arabia, Jan. 13, 2022 (GLOBE NEWSWIRE) -- In line with Saudi Arabia’s Vision 2030 objective of diversifying its economy and growing mining to become the third pillar of its industrial growth, the country’s Ministry of Industry and Mineral Resources (MIM) today announced the launch of a Licensing Round for a mineral exploration license in respect of the Khnaiguiyah deposits in Al Rayn Terrane.

Key Points: 
  • The Kingdoms first mineral tender for Khnaiguiyah opens a new chapter in our journey towards unlocking our countrys vast mineral resources by fast-tracking exploration activity.
  • Saudi Arabia announces Licensing Round for estimated SAR2bn Khnaiguiyah project at #FutureMineralsForum in a bid to attract investment in its mining industry.
  • #FMF2022
    International investment is expected to pour in when global Licensing Round is announced for estimated SAR2bn Khnaiguiyah project in Q2.
  • #FutureMineralsForum #FMF2022
    Latest Saudi Licensing Round for mining license exploration expected to boost economy and generate thousands of local jobs.

Bolthouse Farms New Immunity Beverages Provide A Daily Dose of Immunity Support

Retrieved on: 
Thursday, January 13, 2022 - 5:05pm

With cold and flu season in full swing, the Bolthouse Farms Immunity Suite which includes the new Green Immunity Boost smoothie and Superfood Immunity Boost juice blend, and new wellness shots, Bolthouse Farms BOLTS Immunity and BOLTS Immunity Elderberry offers a variety of delicious, immunity-boosting options for a daily ritual that easily fits into busy lifestyles.

Key Points: 
  • With cold and flu season in full swing, the Bolthouse Farms Immunity Suite which includes the new Green Immunity Boost smoothie and Superfood Immunity Boost juice blend, and new wellness shots, Bolthouse Farms BOLTS Immunity and BOLTS Immunity Elderberry offers a variety of delicious, immunity-boosting options for a daily ritual that easily fits into busy lifestyles.
  • The past few years have proven the importance of small, daily tasks to help promote and maintain a healthy immune system, said Amy Shoemaker, Director, Marketing, Bolthouse Farms Brands.
  • Bolthouse Farms Green Immunity Boost is a tasty combination of pineapple, cucumber, apple, ginger, kale, and immunity boosting vitamins.
  • Complementing the suite of everyday immunity beverages, Bolthouse Farms also offers an easy, on-the-go solution for those times you may need a quick boost or when you need to get back on track after a stressful week: Bolthouse Farms BOLTS .

Thorne HealthTech and Mitsui Announce Thorne Asia Joint Venture

Retrieved on: 
Thursday, January 13, 2022 - 2:00pm

NEW YORK, Jan. 13, 2022 /PRNewswire/ --Thorne HealthTech, Inc. ("Thorne HealthTech" or "Thorne") (NASDAQ:THRN),a leader in developing innovative solutions for a personalized approach to health and wellbeing, today announced it has agreed to form a joint venture with Mitsui & Co., Ltd. ("Mitsui") called Thorne HealthTech Asia Pte.

Key Points: 
  • NEW YORK, Jan. 13, 2022 /PRNewswire/ --Thorne HealthTech, Inc. ("Thorne HealthTech" or "Thorne") (NASDAQ:THRN),a leader in developing innovative solutions for a personalized approach to health and wellbeing, today announced it has agreed to form a joint venture with Mitsui & Co., Ltd. ("Mitsui") called Thorne HealthTech Asia Pte.
  • Thorne Asia will drive awareness of, and expand access to, Thorne's leading innovative solutions and personalized approaches to address health and wellbeing across Asia.
  • "Asia has become one of the fastest growing regions for Thorne, with interest and demand continuing to increase," said Thorne HealthTech CEO, Paul Jacobson.
  • As an extension of Thorne HealthTech's mission, Thorne Asia is committed to enabling healthy aging and filling a critical regional need as chronic health conditions remain prevalent in Asia.

First United Bank & Trust Names Kimberly R. Moyers Director of Strategic Initiatives

Retrieved on: 
Thursday, January 13, 2022 - 1:00pm

FREDERICK, Md., Jan. 13, 2022 /PRNewswire-PRWeb/ --Carissa L. Rodeheaver, Chairman of the Board, Chief Executive Officer and President of First United Bank & Trust is proud to announce Kimberly R. Moyers as Vice President and Director of Strategic Initiatives.

Key Points: 
  • FREDERICK, Md., Jan. 13, 2022 /PRNewswire-PRWeb/ --Carissa L. Rodeheaver, Chairman of the Board, Chief Executive Officer and President of First United Bank & Trust is proud to announce Kimberly R. Moyers as Vice President and Director of Strategic Initiatives.
  • As such, Kimberly will facilitate the alignment of marketing, communication and investor relations with the company's strategic objectives and long-term goals.
  • Kimberly's passion, expertise, education and understanding of our bank made her the perfect person to fill the role of Director of Strategic Initiatives" stated Rodeheaver.
  • First United Corporation operates one full-service commercial bank, First United Bank & Trust.

Yamana Gold Announces Preliminary Fourth Quarter and Full Year 2021 Operating Results, Exceeding Annual Production Guidance With Strong Cash Flow Generation and Standout Performances at Its Core Operations

Retrieved on: 
Thursday, January 13, 2022 - 12:00pm

The increase in cash and cash equivalents reflects strong operational performance and cash flow generation during the period.

Key Points: 
  • The increase in cash and cash equivalents reflects strong operational performance and cash flow generation during the period.
  • As a result, Yamana raised its climate action ambition from a 2C-aligned target in early 2021 to a 1.5C target, compared to pre-industrial levels.
  • The Company is on track to produce approximately 85% of its GEO(1) using renewable energy by the end of 2022.
  • Yamana will continue to assess opportunities to further improve GHG abatement efforts, including adoption of evolving technologies for its new mines.