Sailfish Announces Significant Permitting Milestone at Spring Valley
https://www.newsfilecorp.com/release/174920
Beiträge von Sorgenfrei
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Elemental Altus Generates Two New Gold & Copper Royalties in Ethiopia
https://www.newsfilecorp.com/release/174767
Vancouver, British Columbia--(Newsfile Corp. - July 25, 2023) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") announces the generation of two new gold and copper Net Smelter Return ("NSR") royalties, through the execution of a Sale & Purchase Agreement for the sale of 95% of its Ethiopian focused Seychelles incorporated subsidiary Altau Resources Ltd. to Canadian incorporated ANS Exploration Corp. ("ANS") (the "Transaction"). Through its local branch, Altau holds a 100% interest in the 299.5 km2 Daro and 284.9 km2 Zager licences (the "Projects") located in the Arabian-Nubian shield geology of northern Ethiopia. The Projects are prospective for the discovery of Volcanogenic hosted Massive Sulphide ("VMS") copper and gold deposits.
Highlights:- Royalty generation transaction with ANS on Copper and Gold Projects in northern Ethiopia signed July 21 2023
- Transaction consideration includes:
- Two uncapped 2.5% NSR royalties over highly prospective ground
- US$200,000 in cash with US$50,000 upfront and 5 quarterly payments of US$30,000
- 5% equity interest in Altau retained, non-dilutable until completion of a feasibility study
- Up to 5% equity interest in ANS upon any future Initial Public Offering of ANS equity
- Milestone performance cash payments (for delivery on either of the Projects) of:
- US$500,000 upon a compliant resource above 1 million ounces (gold equivalent)
- US$500,000 on publication of a feasibility study
- ANS has a 5 year buy-back option on up to 1% of the royalties for US$1.5 million each
- ANS selected by Company given their high-calibre management and technical team with proven experience in East Africa
- Transaction remains subject to a number of administrative conditions
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Ecora Resources PLC Announces Acquisition of Royalty Over Vizcachitas Project
https://www.accesswire.com/769…-Over-Vizcachitas-Project
LONDON, UK / ACCESSWIRE / July 24, 2023 / Ecora ("Ecora" or the "Group")(LSE:ECOR)(TSX:ECOR)(OTC PINK:ECRAF) announces that is has entered into an agreement to acquire a 0.25% Net Smelter Return ("NSR") royalty over all metal production from the open pit of the Vizcachitas copper project ("Vizcachitas", "the Project") in Chile, owned by Los Andes Copper Ltd ("Los Andes"), for a total cash consideration of $20 million.
Highlights
· Rare opportunity to acquire a royalty over one of the world's largest undeveloped copper projects located in a well-established mining jurisdiction
· Complements the Group's portfolio of copper royalties which offers short-term growth from West Musgrave and medium-term growth from Santo Domingo and Mantos Blancos Phase II expansion
· 26-year Reserve based mine life1, with considerable life of mine extension potential
· First quartile position on the global copper cost curve2
· Owner guiding first production in 2029, with the royalty rate stepping up in the event commercial production does not occur prior to 30 June 2030
· Estimated average annual copper production of 183 kt in the first 8 years and an average of 153 kt over the life of the mine
· Project adopts a "sustainability in design" approach and is expected to produce clean copper concentrate with low levels of deleterious materials
· Long-term copper supply and demand dynamics are strong with the energy transition expected to drive copper demand to elevated levels
· Transaction to be funded through a combination of cash at hand and drawing down on the Group's revolving credit facility -
Schon etwas älter aber dennoch bezeichnend:
Für den Bau der insgesamt 426 Kilometer langen Neubaustrecken Würzburg – Hannover und Stuttgart – Mannheim gingen geschlagene 17 Jahre ins Land. In China dagegen wurden im gleichen Zeitraum mehr als 20.000 Kilometer an Schnellfahrstrecken aus dem Boden gestampft! Und im Januar 2022 war zu lesen, dass das chinesische Schnellfahrstreckennetz inzwischen auf sage und schreibe 40.000 Kilometer angewachsen ist.
[Blockierte Grafik: https://i0.wp.com/www.algora.com/Algora_blog/wp-content/uploads/2023/07/HighSpeedRailChina-MW-600x466-1.png?ssl=1]
China’s Rise – In One Chart
https://www.algora.com/Algora_…/chinas-rise-in-one-chart -
Implats wins RBPlat bid battle as Northam sells stake
https://www.miningweekly.com/a…latinum-battle-2023-07-20
Impala Platinum (Implats) has won a protracted battle for control of miner Royal Bafokeng Platinum (RBPlat) after bid rival Northam Platinum sold its stake.Johannesburg-based Implats tabled an offer to acquire all outstanding RBPlat shares in January 2022, but was held back for over a year by Northam, whose intention to make a counter offer was terminated in April.
The sale of Northam's 34.5% holding will raise Implats's stake in the smaller platinum-group metals producer to 91%. -
Elemental Altus to Sell Diba Gold Project in Mali to Allied Gold, Operator of the Adjacent Flagship Sadiola Gold Mine for Cash & NSR Royalty
https://www.newsfilecorp.com/release/174207
Vancouver, British Columbia--(Newsfile Corp. - July 20, 2023) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") announces that it has executed a Sale & Purchase Agreement ("SPA") with Allied Gold Corporation ("Allied") for the sale of the Company's 100% owned subsidiary Legend Mali (BVI) III Inc. which indirectly owns 100% of the Korali-Sud Small Scale Mining Licence ("Korali Sud") & Lakanfla Exploration Licence ("Lakanfla") (combined "Diba" or "the Project") in western Mali. As consideration, Allied will pay up to US$6 million in cash and grant a Net Smelter Return ("NSR") royalty of up to 3% on gold produced from the Project.
Highlights:- The Diba Project is located 15 kilometres south of the processing plant of Allied's flagship Sadiola Gold Mine ("Sadiola") and is adjacent to the Sadiola Large Scale Mining Licence
- Existing shovel-ready resource at Korali-Sud Small Scale Mining Licence to be incorporated into Sadiola mine plan in 2024 and 2025, fast tracking royalty revenue and cash payments to Elemental Altus
- Sale will add new near-term production royalty to the Company, comprising:
- 3.0% on first 226,000 ounces of gold produced from within Korali-Sud
- 2.0% on all future production in excess of defined 226,000 ounces from the Project
- Additional consideration of up to US$6 million in cash, made up of:
- US$1 million on Closing
- US$1 million 90 days after commercial production with a long-stop date of 2025
- US$2 million within 90 days of production of 100,000 ounces from within Korali-Sud
- US$1 million within 90 days of production of 150,000 ounces from within Korali-Sud
- US$1 million within 90 days of production of 200,000 ounces from within Korali-Sud
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Altius Reports Q2 2023 Expected Attributable Royalty Revenue(1) of $18.7 million
https://www.businesswire.com/news/home/20230719400052/en/ -
Trident Royalties PLC Announces Portfolio Update: Thacker Pass Lithium Royalty
https://www.accesswire.com/768…cker-Pass-Lithium-Royalty
LONDON, UK / ACCESSWIRE / July 19, 2023 / Trident Royalties Plc (AIM:TRR), the diversified mining royalty company, is pleased to note a recent ruling by the 9th U.S. Circuit Court of Appeals relating to an appeal seeking to overturn the federal land managers' approval of the Thacker Pass lithium project ("Thacker Pass" or the "Project"), in Nevada.1
A three-panel judge of the San Francisco-based appellate court rejected the arguments the opponents had put forth in their appeal and ruled that the U.S. Bureau of Land Management, which approved Thacker Pass, had acted "reasonably and in good faith".
Lithium Americas Corp ("LAC"), the operator of Thacker Pass, announced that construction of the mine commenced in March 2023.2 Thacker Pass is targeting 80,000 tonnes per annum ("tpa") of battery-quality lithium carbonate ("Li2CO3") production capacity in two phases of 40,000 tpa, respectively ("Phase 1" and "Phase 2"). Phase 1 production is expected to commence in the second half of 2026.
Trident holds a 60% interest in a gross revenue royalty over the entirety of Thacker Pass. Assuming LAC exercises the partial royalty buy-back (US$13.2 million attributable to Trident), then Trident will retain the equivalent of a (net) 1.05% gross revenue royalty. -
i-80 Announces C$32 Million Private Placement of Common Shares
https://www.i80gold.com/auto-draft/ -
RUPICE NORTHWEST DEPOSIT–FINAL ASSAYS FOR MAIDEN RESOURCE ESTIMATE
HIGHLIGHTS
•Final assays for inclusion in the Rupice Northwest (‘RNW’) 2023 resource estimate have been received.
•RNW Lower Zone continued to be extended with high grades persisting e.g., 6.10m @1,735.6g/t AgEq or55.80% ZnEq including 665.6g/t Ag, 14.57% Zn, 9.85% Pb, 3.80g/t Au, 2.64% Cu, <1.0% BaSO4, 0.56% Sb inholeBR-27-23.
•High grade gold and copper intersections continue to be returned from the RNW Lower Zone with maintained high Zn, Pb, Ag grades including,5.50m at 1,326.9g/t AgEq or 42.66% ZnEq containing 389.8g/t Ag, 10.17% Zn, 9.02% Pb, 4.93g/t Au, 1.73% Cu, <1.0% BaSO4 and 0.08% Sb in hole BR-28-23.
•Infill drilling of RNW Main Zone successfully maintains equivalent grades and widths in-between originally drilled holes e.g., 23.40m at 767.2g/t AgEq, 24.66% ZnEq including 253.4g/t Ag, 9.60% Zn,5.20% Pb, 0.90g/t Au, 0.43% Cu, 30.3% BaSO4, 0.08% Sb in hole BR-29A-23.
•Exploration drilling will continue post the release of the 2023 Rupice and RNW resource estimate. Extension of RNW Main and Lower Zones will continue westwards and to the southeast towards Rupice.
•Focus on Rupice Main returns with the staged relocation of drillrigs from RNW to Rupice to test for near-surface extensions (up-dip) of Rupice as of July.
•Rupice West regional exploration drilling started in June with positive intersection of Zn rich gossan that corresponds with surface geochemical anomalism and a ground gravity target.
•Q3 and Q4 2023 is committed to meeting strategic objectives of drill testing the Semizova Ponikva prospect and advanced exploration drilling across the Droskovac historic mining area for extensions of Pb-Zn-Ag mineralisation.
https://www.investi.com.au/api…ents/adt/d0f8daed-ef9.pdf -
PrairieSky Announces 2023 Second Quarter Results, Including Record Oil Royalty Production
https://ml.globenewswire.com/R…76-4fc2-87bd-14466aa94a7e
Second Quarter Highlights:- Record quarterly average oil royalty production of 12,607 barrels per day, a 3% increase over Q1 2023 and Q2 2022 with total royalty production averaging 23,517 BOE per day.
- Revenues totaled $117.4 million, 7% lower than Q1 2023 and 41% below Q2 2022, comprised of royalty production revenues of $108.4 million and other revenues of $9.0 million.
- Quarterly funds from operations of $91.3 million ($0.38 per common share, basic and diluted) were driven by oil royalty production growth and were 6% above Q1 2023 and 43% below Q2 2022.
- Declared a second quarter dividend of $57.3 million ($0.24 per common share), representing a payout ratio of 63%, with excess cash flow allocated to $15.2 million of royalty acquisitions related primarily to exploration projects in the Mannville Stack and the balance to retiring bank debt.
- Net debt totaled $275.9 million, down 39% or $178.0 million from June 30, 2022 as excess funds from operations were used primarily to retire indebtedness.
- Maintained industry leadership "AAA" 2023 ESG Risk Rating.
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Ian Ball joins as Interim CEO of Canadian Gold. Ian was the head of Abitibi Royalties before it was acquired in 2021. He has returned with CGC.v. Ian provides an introduction to Canadian Gold, the Tartan Mine and the exploration/development work ongoing this year in Manitoba.
https://podcasters.spotify.com…eturn-of-Ian-Ball-e2674r7 -
Snowline Gold Intersects 414.5 M Of 1.5 Grams Per Tonne Gold from Surface Including 143.5 M Of 2.9 Grams Per Tonne Gold Extending Near-Surface Well-Mineralized Zone at Valley, Rogue Project, Yukon
https://www.accesswire.com/768…alley-Rogue-Project-Yukon- Hole V-23-036 returned 2.92 g/t Au over 143.5 m within broader mineralized interval averaging 1.53 g/t Au over 414.5 m from surface, extending near-surface, multiple-gram-per-tonne corridor on the Rogue Project's Valley discovery by 75 m to the southeast
- Hole V-23-035 returned 1.01 g/t Au over 396.5 m from surface, demonstrating robust near-surface mineralization to western margin of Valley intrusion
- Phase II drilling underway at the Rogue Project's Gracie target, a potential intact Valley-style gold system located in between the gold-bearing Valley and Reid targets
- Multiple generations of sheeted quartz veins along with bismuthinite identified within an exposed intrusion on recently consolidated Cujo target within the Rogue Plutonic Complex.
[Blockierte Grafik: https://www.accesswire.com/users/newswire/images/768586/pr67_figure1.jpg]
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Unterwasserdrohnen.....von den ukrainischen Häfen am schwarzen Meer. Warum nicht.
Welche wirksamen Abwehrwaffen gibt es denn seit 100 Jahren gegen feindliche Präzisionsangriffe?
Ich will nicht ausschließen, daß hier ein gewisser russischer Schlendrian mitursächlich war, aber sollten die Russen Panzir, S400 und Gatlings (3K87) auf der Brücke installieren?von Igor Strelkov alias Igor Girkin
Ein weiterer erfolgreicher Angriff der ukrainischen Streitkräfte auf die Krim-Brücke war aufgrund von zwei Faktoren unvermeidlich.
Der erste ist politischer Natur und hängt mit der Politik der "Abkommen" mit der Ukraine und ihren Verbündeten zusammen, die der Kreml und Präsident Wladimir Putin persönlich aktiv zu betreiben versuchen. Der "Getreide-Deal" erlaubte es der Ukraine, halbtauchende Kamikaze-Drohnen von der Küste bei Odessa sowie von Seefrachtschiffen, die diesen Deal vom Schwarzen Meer aus anbieten, zu starten. Erleichtert wird dies auch durch ein faktisches Verbot von Angriffen auf ukrainische Verkehrsverbindungen sowie auf Produktionsanlagen, die an der Herstellung ukrainischer Mykola-3-Meeresdrohnen beteiligt sind, und auf Energieanlagen, die diese Unternehmen mit Energie versorgen.
Der zweite Faktor ist militärisch-technischer Natur. Die russische Armee verfügt nicht über Waffensysteme, die in der Lage wären, die halbtauchenden Kamikaze-Drohnen erfolgreich zu bekämpfen. Hunderte von Rüstungsbetrieben und Forschungsinstituten wurden im Rahmen der größten Deindustrialisierung der Weltgeschichte seit 30 Jahren absichtlich zerstört. Infolgedessen gingen Tausende von Technologien verloren, und in dieser Hinsicht liegen wir bereits Jahrzehnte hinter den fortgeschrittenen Ländern zurück.
Für einen erfolgreichen Kampf gegen halbuntergetauchte Kamikaze-Drohnen ist deren rechtzeitige Entdeckung mittels weltraum- und luftfahrttechnischer Aufklärung notwendig.
Unsere Raumfahrtgruppe ist jedoch zahlenmäßig extrem klein und kann diese Aufgabe nicht erfüllen.Unsere Marinefliegerei ist mehr tot als lebendig. Um diese Drohnen rechtzeitig aufzuspüren und Kampfflugzeuge auf sie zu richten, muss der Luftraum über dem Schwarzen Meer rund um die Uhr von U-Boot-Patrouillenflugzeugen patrouilliert werden, die mit modernen Radargeräten zur Erkennung von Oberflächen- und Unterwasserobjekten ausgestattet sind. Der Presse zufolge verfügen wir jedoch nur über 22 veraltete U-Boot-Flugzeuge vom Typ Il-38 und etwa 20 Tu-142 in der Nord- und Pazifikflotte. Sie alle entsprechen in ihren taktischen und technischen Merkmalen nicht den heutigen Anforderungen und sind den modernen amerikanischen Boeing P-8 Poseidon U-Boot-Abwehrflugzeugen, von denen nur die Vereinigten Staaten 128 und Dutzende ihrer Verbündeten besitzen, deutlich unterlegen. Darüber hinaus ist nicht bekannt, ob die veraltete Radarausrüstung unserer Il-38 und Tu-142 in der Lage sein wird, kleine, halbtauchfähige Kamikaze-Drohnen wirksam zu erkennen. Die Lieferung neuer Anti-U-Boot-Flugzeuge für die russische Armee ist nicht einmal geplant.
Ein weiteres wirksames Mittel zur Aufspürung halbtauchfähiger Kamikaze-Drohnen sind luftgestützte Frühwarn- und Kontrollflugzeuge (AWACS), die Ziele auf dem Meer leicht aufspüren können. Aber selbst damit haben wir große Probleme. Unsere neun veralteten Flugzeuge vom Typ A-50 (A-50U), die in den 1980er Jahren hergestellt wurden, sind aufgrund ihrer geringen Anzahl nicht in der Lage, den gesamten Bedarf der Streitkräfte zu decken, und wir verfügen nicht über die Produktion neuer AWACS-Flugzeuge.
Und ohne die technische Fernerkennung von halbtauchenden Kamikaze-Drohnen und den anschließenden gezielten Einsatz von Kampfflugzeugen ist eine wirksame Bekämpfung dieser Drohnen "an fernen Grenzen" unmöglich.
Es bleiben nur passive Bekämpfungsmöglichkeiten - die Sperrung der Straße von Kertsch mit Masten, die sich bereits in den Jahren des Ersten Weltkriegs zur Bekämpfung von U-Booten bewährt haben. Nach dem heutigen Angriff zu urteilen, fehlen sie in der Meerenge von Kertsch. Warum eigentlich? Gibt es unter den Bedingungen des Krieges im Zusammenhang mit dem Eintritt der russischen Gruppierung an die Küste des Asowschen Meeres und seiner Umwandlung in ein Binnenmeer der Russischen Föderation einen großen Seeverkehr vom Schwarzen Meer zum Asowschen Meer und umgekehrt? Ist es wirklich unmöglich, diesen Verkehr vorübergehend vollständig zu unterbinden und damit die Krimbrücke zumindest vor den Schlägen der halbtauchenden Kamikaze-Drohnen zu schützen?
Ich bin mir sicher, dass sich jetzt viele meiner Leser die Frage stellen werden: "Was hat Putin damit zu tun?". Ich hoffe, dass die meisten Menschen diese Frage nicht stellen.
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New Mali mining law could boost state, local interest in projects to 35%
https://www.miningweekly.com/a…projects-to-35-2023-07-14
Mali's military-led government is in talks with gold miners over proposed changes to its mining law that could see it boost state and private Malian interests in new projects to 35%, from up to 20% today, according to a draft of the new code seen by Reuters.The government announced the review of the mining code in January after it said an internal audit had shown that Mali, one of Africa's biggest gold producers, was not receiving a fair share of profits while granting too many tax breaks... -
SOURCE ROCK ROYALTIES DECLARES MONTHLY DIVIDEND
https://www.newswire.ca/news-r…y-dividend-892437969.html
CALGARY, AB, July 14, 2023 /CNW/ - Source Rock Royalties Ltd. ("Source Rock") (TSXV: SRR) (TSXV: SRR.WT), a pure-play oil and gas royalty company with an established portfolio of light oil focused royalties, announces that its board of directors has declared a monthly dividend of $0.0055 per common share, payable in cash on August 15, 2023 to shareholders of record on July 31, 2023. -
Cerrado Gold Announces First Gold Pour at Its Las Calandrias Project in Santa Cruz, Argentina
https://www.accesswire.com/766…t-in-Santa-Cruz-Argentina- First gold poured from the Las Calandrias heap leap project
- Las Calandrias is now ramping up to full production, expected in Q3 2023
- MDC (Brazil) Feasibility Study in the final optimization stage
TORONTO, ON / ACCESSWIRE / July 10, 2023 / Cerrado Gold Inc. [TSX.V:CERT][OTCQX:CRDOF] ("Cerrado" or the "Company") is pleased to announce that it has poured its first gold from its new heap leach gold production project at the Las Calandrias area in Argentina. Mining and stacking operations are at planned capacity, and gold production is expected to steadily increase as the retention period for the stacked ore is reached, allowing the project to reach design capacity during the third quarter of this year.
Las Calandrias heap leach gold pour[Blockierte Grafik: https://www.accesswire.com/users/newswire/images/766370/screenshot%202023-07-09%20192258.png]
The Company also wishes to report it is in the final stages of completing its Feasibility Study for Serra Alta deposit at the Monte Do Carmo ("MDC") project in Tocantins, Brazil. Together with its consultants, the project team are conducting final optimizations, design trade offs and sequencing of the mine plan and we expect to complete the feasibility shortly.
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G Mining Ventures is pleased to provide an update on the progress being made at the TZ Project. Physical construction (excluding services, mine and powerline) is over 27% complete, with work initiated on almost all Project areas.
[Blockierte Grafik: https://pbs.twimg.com/media/F060EezXgAMaXiq?format=jpg&name=medium]The following major milestones have been reached in construction:
✔️ Dorms, kitchen and all related facilities are substantially completed;✔️ Water treatment plant and sewage treatment plant commissioned and operational;
✔️ SAG mill and ball mill foundations are well advanced;
✔️ CIL area construction started ahead of schedule, with foundations complete and tank assemblysubstantially advanced;
✔️ Stage 1 of the 13.8kV overhead line is complete, servicing camp dorms and its communication tower, welcome center/laundry, kitchen;
✔️ Permanent kitchen is fully commissioned and operational;
✔️ Construction of the aggregate plant is complete and commissioning activities initiated; and
✔️ Preparation activities for the main FTSF dam have advanced including access roads, foundationgrubbing activities and coffer dams.
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RE Royalties Declares 2023 Second Quarter Shareholders Dividend Payment
https://www.accesswire.com/767…eholders-Dividend-Payment
VANCOUVER, BC / ACCESSWIRE / July 12, 2023 / RE Royalties Ltd. (TSX.V:RE)(OTCQX:RROYF) ("RE Royalties" or the "Company") is pleased to announce that the Board of Directors of the Company has declared a cash distribution of $0.01 per issued and outstanding common share for the second quarter ending June 30, 2023.
The distribution is payable on August 23, 2023, to shareholders of record on August 2, 2023. The distribution is designated by the Company to be a dividend for the purpose of the Income Tax Act (Canada) and any similar provincial or territorial legislation. -
Elemental Altus Increases NSR Royalty on Caserones Copper Mine
https://www.newsfilecorp.com/release/173234
Vancouver, British Columbia--(Newsfile Corp. - July 12, 2023) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company")
announces that it has acquired an additional NSR interest on the Caserones copper-molybdenum mine ("Caserones") in Chile for a total cash consideration of US$2.6 million. On March 27, 2023 Lundin Mining Corporation ("Lundin Mining") announced its intention to acquire a 51% interest in Caserones for a total consideration of US$950 million.
Acquisition Highlights- Increased interest in uncapped cash flowing NSR royalty on Caserones copper mine in Chile
- Acquisition raises the effective NSR held by the Company on Caserones to 0.473%
- Lundin Mining has recently announced its intention to acquire a 51% stake in Caserones
- Acquisition undertaken in combination with existing joint royalty holders