Firebird Metals Ltd has been granted Mining Lease ML 52/1086 for its 100%-owned Oakover Manganese Project, located 85 kilometres east of Newman in Western Australia. The lease covers a substantial area of 3,429.8 hectares, encompassing key deposits, including Sixty Sixer, Jay Eye, and Karen Pits, as well as proposed infrastructure for processing, tailings storage, and waste management.
Guess? (NYSE:GES) shares surged more than 25% after the fashion brand announced it had received a go-private buyout offer from WHP Global at $13 per share.
The offer represents a 34% premium to the closing price of Guess? shares on Friday.
U.S. Global Investors (NASDAQ:GROW) CEO Frank Holmes told investors that the company is “very happy” with how its gold equity funds have performed so far this year as gold touches new record highs.
“Gold mining companies are rewarding investors with rising free cash flow (FCF), dividends, and strong returns, making them, I believe, a compelling opportunity.”
Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF) said on Monday that efforts are underway to secure a new farm-in partner for Petroleum Exploration License 87 (PEL 87) in Namibia’s Orange Basin after Woodside Energy (GOM) Inc. decided not to exercise its option to participate in the project.
In a statement, Sintana said that Woodside made its decision in advance of the long stop date of May 2025 rather than waiting until the last possible moment to confirm or decline participation.
atai Life Sciences (NASDAQ:ATAI, ETR:9VC) said it saw significant progress in 2024 with key advancements in its clinical trials as it strengthened its financial position.
The company successfully dosed its first patient in the Phase 2 Elumina trial for VLS-01, a buccal film formulation of DMT designed to treat treatment-resistant depression.
Electric Royalties Ltd (TSX-V:ELEC, OTC:ELECF) said on Monday that it has appointed junior mining veteran Craig Lindsay as Chair of the Board, succeeding Marchand Snyman.
Lindsay, an independent director since 2016, brings more than 30 years of experience in corporate finance and venture capital. He is the managing director of Arbutus Grove Capital Inc. and has held leadership roles at Otis Gold Corp. and Magnum Uranium Corp.
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) has appointed Gabriel Lamas as its Country President for Paraguay, the company announced on Monday, as it expands its high-performance computing and green energy-powered data center operations in the region.
Lamas, an electrical engineer with more than two decades of experience in infrastructure and energy projects, previously held leadership roles at Bitfarms Ltd., where he oversaw large-scale technical initiatives across Latin America.
Livium Ltd has been working to grow its battery recycling division, Envirostream Australia Pty Ltd, by progressing strategic initiatives to expand recycling volumes and diversify revenue streams.
Livium CEO and managing director Simon Linge said: “We remain focused on growing volumes of end-of-life batteries to continue to improve financial performance over the short term.
Resolution Minerals Ltd has kicked off exploration at the recently acquired Drake East Antimony-Gold Project in New South Wales, on the scent of high-grade antimony and gold assets.
Resolution Minerals has launched a LiDAR interpretation study at the Drake East Project, for which it engaged specialist consultancy GeoCloud Analytics.
Latrobe Magnesium Ltd has received approval for its request for a 250-megawatt (MW) hydropower allocation for its proposed 100,000-tonne-per-annum magnesium production facility in Sarawak, Malaysia. The approval is contingent on finalising a Terms Sheet, executing a Power Purchase Agreement with Sarawak Energy, and meeting additional conditions set by the Sarawak Government.
“This is a major milestone for our Sarawak project as demand for power in Sarawak far exceeds supply. Without this allocation, our project would not be able to proceed,” LMG stated.
Altech Batteries Ltd has received environmental and construction approval (BimSch-G) for its 120 MWh CERENERGY® GridPack production facility in Saxony, Germany. This milestone approval allows its joint venture subsidiary, Altech Batteries GmbH, to move forward with site clearing and construction, pending the successful completion of project financing.
The approval follows an application process initiated in September 2023. Altech, in partnership with engineering subcontractor LEADEC and architecture and balance-of-plant subcontractor ARIKON, submitted an application for the proposed construction and operation of the 120-megawatt-hour (MWh) CERENERGY® battery project.