Metal News
News from mining companies

First Cobalt and Glencore agree on Term Sheet to restart the refinery

    TORONTO, ON - (July 15, 2019) - First Cobalt Corp. (TSX-V: FCC, OTCQX: FTSSF) (the "Company" - https://www.commodity-tv.net/c/search_adv/?v=298892) has agreed a term sheet with Glencore AG that Outlines the framework for a non-dilutive, fully funded, step-by-step approach to restarting the First Cobalt refinery in Ontario, Canada. The framework is still subject to a [...]

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Alexandria intersects 142,5 g / t gold on 0,3 meters as part of its winter exploration drilling program in Val D'Or

Alexandria intersected 142,5 g / t gold over 0,3 meters as part of its winter exploration drill program at Val D'Or TORONTO, ONTARIO - (Feb.20, 2014) - Alexandria Minerals Corporation (TSX VENTURE: AZX) (FRANKFURT: A9D) (PINKSHEETS : ALXDF) is pleased to report on its winter exploration activities, including assay results from its most recent drill program on the neighboring Akasaba and Valdora properties. The winter activities included: • A 9.328 meter [...]

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Mirasol submits NI 43 101 compliant technical report and delineates exploration targets for excavations and drilling at the Virginia Project

Mirasol files NI 43-101 compliant technical report and delineates exploration targets for trenching and drilling on the Virginia Silver Project VANCOUVER, BC, February 21, 2014. Mirasol Resources Ltd. (TSX-V: MRZ, Frankfurt: M8R) announces that the 100% owned Virginia Silver Project in Argentina has defined numerous exploration targets for trenching and drilling. These exploration targets complement the [...]

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Investors punish Rare Earth producer Lynas

Guest author: Björn Junker | 07.05.2014/12/39, 1434:0 PM | 871889 views | 40 | Investors are punishing Australian rare earth producer Lynas (WKN XNUMX / ASX LYC) after it announced long-awaited funding to improve its balance sheet. The company had announced that it would raise a total of $ XNUMX million in fresh capital to meet its short-term working capital needs. A message, […]

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German commodity: Cub Creek Energy acquires additional land in the Wattenberg field

BY DEUTSCHE ROHSTOFF ON MARCH 23, 2015 ADD COMMENT 2.000 acres net / Up to 50 horizontal wells possible Heidelberg / Denver. Cub Creek Energy (CCE), the oil and gas subsidiary of Deutsche Rohstoff AG in the USA, has signed a joint development agreement with a private oil and gas producer for an area in the core area of ​​the Wattenberg field in Colorado. It is a total of around 2.000 acres [...]

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GERMAN RAW MATERIAL: ELSTER PUBLISHED PRODUCTION RESULTS

Mannheim / Denver. Elster Oil & Gas (Elster) today published the production rates for new wells that started production from various wells in February and March. Elster holds a share of around 35% in these wells. In the first 30 days of stable production, Elster accounted for around 7.493 barrels of oil equivalent (BOE) per day, of which [...]

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GERMAN RAW MATERIAL AG: SALT CREEK SELLS SURFACES IN NORTH DAKOTA

Mannheim / Denver. Salt Creek Oil & Gas has signed a sales agreement with Northern Oil and Gas (Northern) for the majority of its land in the Williston Basin, North Dakota. The selling price is approximately USD 59,6 million. It consists of $ 40 million in cash, 6 million shares in Northern and approximately $ 7,6 million in refunds [...]

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GERMAN RESOURCE AG: ALMONTY INDUSTRIES CONVERTIBLE CONVERTIBLE DRAWN ABOVE 4 MILLION CANADIAN DOLLARS

Completion of the merger of Almonty with Woulfe / total financing CAD 7,78 million September 11, 2015 Heidelberg / Toronto. Almonty Industries announced today that the merger with Woulfe Mining has been successfully completed. At the same time, the company closed a $ 7,78 million financing. As part of this financing, Deutsche Rohstoff AG subscribed to a convertible bond in the amount of [...]

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DEUTSCHE ROHSTOFF AG: HAMMER METALS INCREASES COPPER RESOURCE OF THE "OVERLANDER" SUB-GROUP BY 53%

New JORC estimate confirms 1,77 million tons of ore with 1,2% copper content Heidelberg. The Australian Hammer Metals Limited ("HMX"), whose largest shareholder is Deutsche Rohstoff, has announced a new JORC-compliant (2012 Edition) resource estimate for the "Overlander" sub-area. The now available estimate results from the sum of the derived ("inferred") and indicated ("indicated") resources for [...]

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DEUTSCHE ROHSTOFF AG: ALMONTY ANNOUNCES FUSION AGREEMENT WITH WOULFE MINING

Woulfe Management recommends that shareholders accept the Heidelberg offer. Almonty Industries, a subsidiary of Deutsche Rohstoff AG, today signed a merger agreement with Woulfe Mining Corp. announced. The agreement provides for all Woulfe shares to be exchanged for Almonty shares, subject to the approval of the Toronto Stock Exchange Commission (TSX), the Supreme Court of British Columbia and a [...]

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