Company Press Releases

Sherritt Reports Fourth Quarter and Full Year 2023 Results; 2024 Guidance for Metals Outlines Improved Production and Lower Costs

2024-02-07 / @businesswire

Sherritt International Corporation (“Sherritt”, the “Corporation”) (TSX: S), a world leader in using hydrometallurgical processes to mine and refine nickel and cobalt – metals deemed critical for the energy transition, today reported its financial results for the...Read More

Erdene Secures Debt Financing for Bayan Khundii Gold Project From Strategic Partner

2024-02-08 / @GlobeNewswire

HALIFAX, Nova Scotia, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company") is pleased to announce the execution of debt finance agreements for up to US$80 million with Mongolian Mining Corporation (“M...Read More

Sherritt Reports Fourth Quarter and Full Year 2023 Results; 2024 Guidance for Metals Outlines Improved Production and Lower Costs

2024-02-07 / @businesswire

Sherritt International Corporation (“Sherritt”, the “Corporation”) (TSX: S), a world leader in using hydrometallurgical processes to mine and refine nickel and cobalt – metals deemed critical for the energy transition, today reported its financial results for the...Read More

Fortune Minerals Extends Option to Acquire Alberta Refinery Site for the NICO Critical Minerals Project

2024-02-01 / @businesswire

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) has secured an additional extension to the option to purchase the JFSL Field Services ULC (“JFSL”) brownfield industrial site in Lamont County, Alberta...Read More

Fortune Minerals Extends Option to Acquire Alberta Refinery Site for the NICO Critical Minerals Project

2024-02-01 / @businesswire

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) has secured an additional extension to the option to purchase the JFSL Field Services ULC (“JFSL”) brownfield industrial site in Lamont County, Alberta...Read More

Erdene Commences Construction at the High-Grade Bayan Khundii Gold Project and Finalizes Strategic Alliance With Mongolian Mining Corporation

2024-01-29 / @GlobeNewswire

HALIFAX, Nova Scotia, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company") is pleased to announce the commencement of full construction at the high-grade, open-pit Bayan Khundii Gold Project (“Bayan K...Read More

Coal Stocks On The Rise As Demand For Steel Soars In 2024

2024-01-24 / @thenewswire

(NewsDirect) Although there has been a global push towards cleaner energy sources, coal still remains a vital part of our energy mix. In fact, a recent report by the International Energy Agency found that global coal demand hit an all-time high in 2022 amid the energy crisis, far outpacing the prev...Read More

Top Stocks For Coals Resurange In 2024 (BNNHF, AMR, HCC, CAD.V)

2024-01-23 / @thenewswire

(NewsDirect) Contrary to predictions of its demise, the U.S. coal industry has defied expectations, registering a remarkable 40% collective gain in stock value since the beginning of 2023. The resurgence can be attributed to several key factors.Metallurgical, or coking, coal has played a pivotal ro...Read More

Update on PIK Interest Payment Obligation Under November 2022 Deferral Agreement

2024-01-19 / @accesswire

VANCOUVER, BC / ACCESSWIRE / January 19, 2024 / SouthGobi Resources Ltd. (TSX-V:SGQ)(HK:1878) ("SouthGobi" or the "Company") Reference is made to the announcement of the Company dated November 17, 2023 (the "November17 Announcement") in relation to the waiver pr...Read More

Sherritt Announces Cost-Cutting Initiatives and Changes to Executive Management, Reports 2023 Production Results

2024-01-15 / @businesswire

Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) today announced that in line with the Corporation’s ongoing commitment to cost optimization, the need to improve operations and in response to market conditions, a number of organization-...Read More

Sherritt Announces Cost-Cutting Initiatives and Changes to Executive Management, Reports 2023 Production Results

2024-01-15 / @businesswire

Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) today announced that in line with the Corporation’s ongoing commitment to cost optimization, the need to improve operations and in response to market conditions, a number of organization-...Read More

Sherritt Provides Notice of Fourth Quarter and Full Year 2023 Results Conference Call

2024-01-15 / @businesswire

Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) will release its fourth quarter and full year 2023 results after market close on February 7, 2024. Senior management will host a conference call and webcast on February 8, 2024 at 10:00 am ET to...Read More

Erdene Resource Development reports construction going well at Bayan Khundii Gold Project

2023-12-06 / @thenewswire

(NewsDirect) Erdene Resource Development Corp CEO Peter Akerley joined Steve Darling from Proactive to has provided an update on the progress at the Bayan Khundii Gold Project, highlighting several significant milestones and accomplishments. The construction at the Bayan Khundii Gold Project is wel...Read More

Fortune Minerals Announces Government Funding to Advance the NICO Critical Minerals Asset in Canada

2023-12-05 / @businesswire

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to announce that it has secured government funding of up to $887,170 to support metallurgical test work for its 100% owned vertically integrated NICO cobal...Read More

Update On Payment Obligations Under November 2022 Deferral Agreement

2023-11-17 / @accesswire

VANCOUVER, BC / ACCESSWIRE / November 17, 2023 / SouthGobi Resources Ltd. (TSX-V:SGQ)(HK:1878) ("SouthGobi" or the "Company") Reference is made to the announcements of the Company dated November 11, 2022, August 30, 2023 and October 13, 2023 (collectively, the "Annou...Read More

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