Business and Finance
MinRex Resources Ltd. has completed its merger with Electrum Discovery Corp., forming a well-funded gold and copper explorer with exploration and advanced assets across Australia and Serbia. Pursuant to the Merger, holders of Electrum common shares prior to the merger receive 7.9 MinRex shares for each Electrum common share held.…
Jindalee Lithium’s new joint venture entity to list on NASDAQ
Jindalee Lithium Ltd. has entered into a binding business combination agreement to list its US-based operations on the NASDAQ. Under the agreement, Jindalee’s wholly-owned US subsidiary, HiTech Minerals Inc., will combine with Constellation Acquisition Corp I, a special purpose acquisition company (SPAC) sponsored by Antarctica Capital, to form a new…
Wishbone Gold to acquire Silver Lake project in Western Australia
Wishbone Plc has announced an option to acquire the Silver Lake project in the Carnarvon Basin of Western Australia, expanding its reach in Australia. The proposed deal, which requires a cash payment of £100,000 (AU$190,000), would see the company issue 3,571,777 ordinary shares upon completion. The Silver Lake tenement covers…
Latrobe Magnesium receives US$2 million for future shipments of magnesium
Latrobe Magnesium Ltd. has received a non-dilutive prepayment of US$2 million (AU$2.82 million) from Metal Exchange LLC (MX) for future shipments of magnesium metal from its demonstration plant in the Latrobe Valley, Victoria. The prepayment provides a vital cash injection for Latrobe without the need to issue new shares. The…
Metallium secures 10-year offtake deal for US critical metals
Metallium Ltd. has secured a long-term offtake agreement with US materials refiner Indium Corp. Metallium’s US subsidiary Flash Metals USA has agreed to a binding 10-year offtake agreement with Indium, establishing a structured commercial pathway for the sale of high-value critical metals, including gallium (Ga), germanium (Ge), indium, tin, copper,…
West Wits implements fuel strategy for Qala Shallows
West Wits Mining Ltd. has provided an update on fuel security and power strategy at its Qala Shallows project in Johannesburg, implementing a multi-layered fuel security strategy to ensure operational continuity at the project. The company confirmed it has secured access to approximately 163,000 litres of diesel through a combination…
Buxton Resources sells joint venture interest in Copper Wolf project in Arizona
Buxton Resources Ltd. has agreed to sell its remaining 49 per cent joint venture interest in the Copper Wolf project in Arizona, US to IGO Ltd. Under a binding asset sale agreement, IGO will pay a total cash consideration of approximately AU$6.15 million to assume 100 per cent ownership and…
Sierra Nevada Gold launches Saudi Arabia subsidiary to advance project
Sierra Nevada Gold has established a Saudi Arabian subsidiary, Arabian American Minerals LLC (AAM), marking a critical step in advancing its Middle Eastern expansion. The formation of AAM serves as the primary operational platform for the company to hold exploration licences and execute drilling programs within the Kingdom of Saudi…
















