Proactive ONE2ONE Virtual Investors Forum - Thursday 10th March 2022 Proactive Investors 2022-03-10 | Proactive ONE2ONE #Virtual #Investor Forum - Thursday March 10th 2022 from 6:00 pm GMT.Register here to take part: event.webinarjam.com/register/1478/2zzlnul14Hearing the inside story and understanding the team behind the performance is crucial to making informed decisions. Join us to find out more and meet management teams from: CentralNic Group PLCHAN-GINS Cloud Technology UCITS ETFGalantas Gold Corpevent.webinarjam.com/register/1478/2zzlnul14The presentations will start at 6:00 pm GMT and finish at approximately 8:00 pm GMT. After the presentations are complete the presenters will participate in a live Q&A. #investing #stocks #Stockmarket #economics #investors #investing #China #Economics #Binance #Bitcoin #COVID #Mining #Gold #Silver #Finviz
Iofina CEO Tom Becker on strong Q3 and expansion plans into 2025 Proactive Investors 2024-10-21 | Iofina PLC (AIM:IOF, OTC:IOFNF) CEO Dr Tom Becker discusses the company's strong third-quarter performance and its expansion plans with Proactive's Stephen Gunnion.Becker highlighted that iodine production increased year-over-year, producing just under 164 metric tons across six plants, with a seventh plant, IO#10, coming online in September. He also discussed IO#11, a new plant set to start construction by the end of the year, which is part of Iofina's aggressive growth strategy.Becker also commented on the iodine market, stating, "Demand for iodine and iodine derivatives is estimated to be up 7% on the year." He anticipates average selling prices of iodine will rise in the second half of 2024 compared to the first half, driven by strong market demand and supply constraints. Plans for further expansion beyond IO#11 are already in development, with Iofina making strides towards a significant increase in iodine production in the coming years.Visit Proactive’s YouTube channel for more videos, and don't forget to like, subscribe, and hit the notification bell for future updates!#Iofina #IodineProduction #IodinePrices #TomBecker #Q3Results #ProactiveInterview #IodineMarket #BusinessExpansion #ChemicalIndustry #Investing #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Market report October 21: ASX gains 0.74%, WiseTech shares fall amid CEO scandal Proactive Investors 2024-10-21 | Proactive’s Tylah Tully gives a market wrap for October 21.The ASX closed 0.74% higher today, reaching 8,344.4 points. Over the past five days, the index gained 1.58% and is currently 0.48% below its 52-week high.Top performers included Amotiv, which rose by 10%, adding $1 to its share price and closing at $10.99. Genesis Minerals also increased by 7.39%, closing at $2.47 per share.On the downside, Wise Tech Global, Australia’s largest listed tech company, dropped by as much as 20%, closing at $104.65.The company's valuation dropped significantly amid serious allegations against CEO Richard White.Wise Tech’s Board is reviewing the matters raised in today’s media reports and is seeking further information and external advice.Sector-wise, 10 sectors were higher, with Materials up 1.44% and Energy rising by 1.25%. Information Technology was the only declining sector, dropping by 2.97%.A big mover on the small cap front today was Yandal Resources on the back of a potential new gold discovery, rising as much as 120% to a new two-year high of $0.22.Other movers were Silver Mines Ltd, which was as much as 16.7% higher intra-day to $0.14, Polymetals Ltd as much as 14.64% higher to $0.47, Lunnon Metals Ltd up as much as 13.35% to $0.34, Aeris Resources Ltd up 11.12% to an intra-day higher of $0.25, Australian Strategic Materials Ltd up to 11.12 higher to $.065, Predictive Discovery Ltd as much as 10% higher to $0.25, Ore Banda Mining up to $0.875 and this was 8.7% higher, Alkane Resources Ltd as much as 7.34% higher to $0.585 and FireFly Metals Ltd was up 6.11% to an intra-day high of $1.13.#ProactiveInvestors #ASX #MarketWrap #StockMarket #WiseTech #Amotiv #GenesisMinerals #RichardWhite #TechStocks #MaterialsSector #EnergySector #SmallCaps #YandalResources #PeakMinerals #SilverMines #Polymetals #MarketUpdate #Investing #AustralianStocks #FinanceNews #SharePrice #GoldDiscovery #Tech#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Just the Facts: Iondrive achieves high metals recovery in battery recycling tests Proactive Investors 2024-10-21 | Proactive’s Tylah Tully breaks down ‘Just the Facts’ of the latest news from Iondrive Ltd (ASX:ION).The company has announced a breakthrough in its lithium-ion battery recycling tests. It has achieved high recovery rates of key minerals from black mass, including 100% nickel, 98.6% cobalt, 98.4% manganese and 89.1% lithium.These tests used lower-quality raw black mass, showcasing the strength of Iondrive's technology even with suboptimal materials. The recycling process involves a three-stage pre-treatment that removes impurities like polymers, graphite and iron.Iondrive is conducting further tests to increase lithium recovery to 100%. A pre-feasibility study is on track for completion by the end of October 2024, after which the company plans to develop a pilot plant.The company’s environmentally friendly method avoids toxic acid leaching by using Deep Eutectic Solvents in a closed-loop system. The technology has also demonstrated scalability, maintaining high recovery rates even at a 1,700x scale-up. Iondrive expects future improvements in efficiency and reliability through partnerships and the use of higher-grade materials.#ProactiveInvestors #Iondrive #ASX #JusttheFacts #BatteryRecycling, #NickelRecovery, #CobaltRecovery, #ManganeseRecovery, #LithiumRecovery, #SustainableTech, #DeepEutecticSolvents, #GreenTech, #EnvironmentallyFriendly, #RecyclingInnovation, #CircularEconomy, #BlackMass, #PreFeasibilityStudy, #PilotPlant, #CSIRO, #BatteryMetals, #Scalability, #TechBreakthrough, #CleanEnergy#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Just the Facts: St George Mining secures potential partnership for Araxá Proactive Investors 2024-10-21 | Proactive’s Tylah Tully breaks down ‘Just the Facts’ of the latest news from St George Mining (ASX:SGQ).The company has signed a non-binding Memorandum of Understanding (MoU) with SKI Hong Kong Limited to support the development of the Araxá Niobium-Rare Earth Element Project in Brazil.The MoU provides a framework for collaboration on marketing, offtake and financing, aiming to progress the project through feasibility studies and toward a financial investment decision.SKI could secure up to 20% of niobium products from the project through potential offtake agreements.The partnership also includes funding support through investment or pre-payment and marketing rights for niobium products.St George plans to produce sample niobium products by the first half of 2025 using a pilot plant at Araxá for testing by SKI and its clients.St George believes the partnership with SKI highlights the strategic significance of Araxá as a globally important supplier of niobium.SKI’s expertise in niobium and steel materials positions it as a strong strategic partner for St George. The MoU is considered a major step in de-risking the project by facilitating technical and financial collaboration.The acquisition of the Araxá Project, approved by shareholders in October 2024, is nearing completion, with exploration scheduled to begin by the end of the year.#ProactiveInvestors #StGeorgeMining #ASX #JusttheFacts #AraxáProject #Niobium #RareEarthElements #SKIHongKong #MiningPartnership #FeasibilityStudy #NiobiumProducts #MiningInvestment #MetalsTrader #BrazilMining #OfftakeAgreements #ProjectDevelopment #MiningNews #ResourceExploration #CriticalMetals #PilotPlant #MineralExploration #InvestmentOpportunity #StrategicPartnership#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Just the facts: Evolution Energy prepares for Final Investment Decision on Chilalo Proactive Investors 2024-10-21 | Proactive’s Tylah Tully breaks down ‘Just the Facts’ of the latest news from Evolution Energy Minerals Ltd (ASX:EV1).EV1 is progressing towards a Final Investment Decision (FID) for its Chilalo Graphite Project in Tanzania, following a review of its updated definitive feasibility study (DFS).The review confirmed the project's economic viability and identified potential operational improvements. These include considering Mtwara Port for logistics, integrating gas and solar power solutions and exploring the use of patented technology from Pure New World to upcycle project tailings into building materials.The company is also advancing its search for a new CEO and preparing the Chilalo site for rapid development post-FID, expected to be finalised next year.Evolution Energy expressed confidence that the assumptions in the DFS remain valid, reassuring financiers evaluating the project. Additionally, the company is exploring further cost management and phased enhancements.In Tanzania, Evolution Energy is working with the local community to prepare the Chilalo site for construction, including roadworks and site layout design.It has begun follow-up exploration on target zones identified in September 2023, aiming to expand the resource and conduct infill drilling for an updated mineral resource estimate.The company is also investigating a newly discovered copper anomaly, viewing it as a promising new prospect.#ProactiveInvestors #EvolutionEnergyMinerals #ASX #ChilaloGraphiteProject #GraphiteMining #DefinitiveFeasibilityStudy #Tanzania #MiningExploration #FID #MineralResources #SustainableMining #SolarPower #MtwaraPort #CopperAnomaly #MiningOperations #MiningInvestment #SiteDevelopment #Exploration #InfillDrilling #CostManagement #GraphiteIndustry #MiningUpdates#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Carnavale Resources drilling at Swiftsure to extend high-grade gold zones Proactive Investors 2024-10-21 | Carnavale Resources Ltd (ASX:CAV) CEO Humphrey Hale joins Proactive’s Tylah Tully to discuss an extensional drilling program the company has started at the high-grade Swiftsure deposit within the Kookynie Gold Project in Western Australia, 60 kilometres south of Leonora and 180 kilometres north of Kalgoorlie.The program includes 21 planned drill holes with more than 4,000 metres of reverse circulation (RC) drilling and 500 metres of diamond drilling. The aim is to extend known high-grade gold zones, with grades exceeding 30 g/t, at depths of 200 to 400 metres below surface.Carnavale also plans to test newly discovered prospects, Valiant and Tiptoe, along strike from Swiftsure. Drilling is expected to take around four weeks.The Swiftsure deposit has an initial mineral resource estimate (MRE) of 457,000 tonnes at 5.8 g/t for 85,000 ounces of gold, with potential for further growth.A scoping study for the project showed strong financial potential, including a net present value (NPV) of A491 million and an internal rate of return (IRR) of 192% at A$3,500 per ounce of gold.Carnavale has applied for a mining licence for the Swiftsure deposit.At the Tiptoe and Valiant prospects the company is targeting additional high-grade gold zones with structural similarities to Swiftsure.#ProactiveInvestors #CarnavaleResources #ASX #KookynieGoldProject #GoldExploration #SwiftsureDeposit #WesternAustralia #GoldMining #MineralExploration #DrillingProgramme #HighGradeGold #GoldProspecting #ValiantProspect #TiptoeProspect #BonanzaGold #MiningNews #ResourceEstimation #GoldTargets #RCDrilling #DiamondDrilling #ScopingStudy #GoldZones #MiningExpansion #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Elixir Energy signs MoU with AGIG for Taroom Trough gas infrastructure Proactive Investors 2024-10-21 | Elixir Energy Ltd (ASX:EXR, OTC:ELXPF) managing director Neil Young joins Proactive’s Tylah Tully to discuss the non-binding Memorandum of Understanding (MoU) the company has entered with the Australian Gas Infrastructure Group (AGIG) to explore the development of gas infrastructure in Queensland’s Taroom Trough.This infrastructure would support future gas production from Elixir’s Grandis Gas Project in the emerging region.The MoU was signed with AGI Development Group Pty Ltd, a subsidiary of AGIG, which is among Australia’s largest gas infrastructure businesses.The key areas under consideration include a new gas transmission pipeline connecting to the Wallumbilla Hub, along with processing, compression and gas storage facilities.Young expressed satisfaction with the MoU, emphasising its significance in boosting confidence about the potential of Project Grandis and the wider Taroom Trough region.He also mentioned the possibility of involving other asset owners and government entities in the process.AGIG is a major infrastructure provider in Australia, servicing more than two million customers through various assets, including the Dampier to Bunbury Natural Gas Pipeline and the Tubridgi Gas Storage Facility in Western Australia, as well as the Wide Bay Gas Pipeline in Queensland.#ProactiveInvestors #ElixirEnergy #ASX #AGIG #GasInfrastructure, #TaroomTrough, #GrandisGasProject, #GasTransmission, #QueenslandGas, #EnergySector, #NaturalGas, #MoU, #WallumbillaHub, #EnergyDevelopment, #GasProcessing, #GasCompression, #GasStorage, #AustralianEnergy, #EnergyPartnership, #PipelineDevelopment, #RenewableEnergy, #CleanEnergy#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Comet Ridge begins drilling at Mahalo East, supported by $5M government grant Proactive Investors 2024-10-20 | Comet Ridge Ltd (ASX:COI) managing director Tor McCaul sits down with Proactive’s Tylah Tully to give an overview of the company, its projects and investor case.McCaul also provided an update on drilling operations at Mahalo East where Mahalo East 1 vertical well spudding has started.This is part of the company's broader exploration efforts in the northern Mahalo Hub, where Comet Ridge holds 100% equity in four ATP areas.The Mahalo East 1 well is about 25 kilometres east of the Mahalo North Pilot Scheme, where 2P and 3P Reserves have already been certified.The well has two key objectives: to gather core and log data across the coal reservoirs and to serve as a production well for the upcoming Mahalo East 2 lateral well. The well will be drilled to a total depth of 400 metres, intersecting four coal reservoirs.McCaul highlighted the importance of this work, noting that the project received a $5 million grant from Queensland’s Frontier Gas Exploration Grants Program.The aim is to gather technical data to integrate Mahalo East into the company's future development plans. Updates will be provided as drilling progresses.#ProactiveInvestors #CometRidge #ASX #MahaloEast #GasExploration #QueenslandEnergy #MahaloHub #ATP2061 #GasReserves #FrontierGasGrants #EnergyExploration #CoalReservoirs #CondorEnergy #DrillingOperations #NaturalGas #EnergyDevelopment #GasExplorationUpdates #QueenslandGas #CometRidgeLimited #EnergySector #AustralianGasExploration #GasFairway #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Ocean Power Ships WAM-V Unmanned Surface Vehicle to UAE and Expands Middle East Presence Proactive Investors 2024-10-18 | Ocean Power Technologies CEO Philipp Stratmann joined Steve Darling from Proactive shared exciting developments announcing the shipment of a WAM-V Unmanned Surface Vehicle to the UAE. This follows the company's June 2024 partnership with Unique Group, a UAE-based offshore services provider. OPT and Unique Group will exhibit the 22ft WAM-V at the upcoming ADIPEC event in Abu Dhabi from November 4-7, 2024, showcasing cutting-edge energy innovations alongside over 2,200 global organizations.Stratmann also revealed that OPT has signed an agreement with 3B General Trading & Contracting to explore offshore energy and maritime projects in Kuwait. The partnership aims to deploy OPT’s autonomous WAM-V vehicles and Next Generation PowerBuoys equipped with AI-powered Merrows, enhancing offshore energy generation and ocean intelligence capabilities in the growing Kuwaiti market. #proactiveinvestors #oceanpowertechnologiesinc #nyseamerican #optt #PhillipStratmann, #USGovernmentContract, #OffshoreAutonomy, #MaritimeSecurity, #CommercialPlatforms, #GrowthStrategy, #BuoyBusiness, #VehicleBusiness, #InternationalExpansion, #ReadyToDeploy, #AutonomousSystems, #EconomicImpact, #ShippingLanes, #FreedomOfNavigation, #CostEffectiveSolutions, #LowEmissionTech, #SecurityInnovation, #GlobalShipping, #ProactiveNewsroom#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
OmniQ CEO Shai Lustgarten Discusses AI-Driven Automation and Recurring Revenue Strategy Proactive Investors 2024-10-18 | OmniQ CEO Shai Lustgarten joined Steve Darling from Proactive to outline the company's innovative approach to automation through its proprietary machine vision system, which utilizes AI to detect and identify objects without human intervention. Lustgarten emphasized OmniQ’s nine patented technologies, designed to improve efficiency across various sectors.One key application, Q Shield, is making a notable impact in public safety, aiding municipalities in identifying stolen vehicles and solving missing person cases. He also highlighted OmniQ's collaboration with NEC, leveraging OmniQ's sensor technology to enhance facial recognition systems.Looking ahead, Lustgarten revealed OmniQ’s strategic shift from one-time sales to recurring revenue streams, positioning the company for scalability and profitability, particularly in public safety and traffic management sectors.#proactiveinvestors #omniqcorp #otcqb #omqs #AItechnology #Automation #PublicSafety #MachineVision #AI #TechInnovation #FacialRecognition #QShield #RecurringRevenue #SmartCities #ProactiveInvestors#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Trump Victory odds drive Bitcoin momentum - Crypto Roundup Proactive Investors 2024-10-18 | Proactive’s Billy Farrington takes Stephen Gunnion through Bitcoin's performance over the past week. Farrington shared that Bitcoin has seen one of its strongest weeks in recent months, rising by 12.5% since last Friday. Despite initial expectations of stability until the US elections, the surge in Bitcoin appears to be influenced by the rising odds of a Donald Trump victory in the upcoming elections. Farrington explained, “Trump has positioned himself as the pro-crypto candidate, which has likely galvanised the Bitcoin price.”Additionally, there has been a revitalization of inflows into Bitcoin ETFs, with approximately $1 billion flowing in this week alone. This resurgence in ETF demand has been a significant tailwind for Bitcoin, according to Farrington, who believes that momentum may continue.Be sure to watch the full video for deeper insights into Bitcoin's market movements, and the potential implications of US political developments.Don’t forget to like this video, subscribe to Proactive's YouTube channel, and enable notifications to stay updated on all future content.#Bitcoin #CryptoNews #BitcoinETF #ProCrypto #USPolitics #CryptoMarket #BitcoinSurge #Cryptocurrency #BTC #ETFinflows #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Adriatic Metals CEO Laura Tyler on Vares Project ramp-up, future growth strategy Proactive Investors 2024-10-18 | Adriatic Metals PLC (LSE:ADT1, ASX:ADT, OTCQX:ADMLF) CEO Laura Tyler talked with Proactive's Stephen Gunnion about the company's recent developments, particularly the ramp-up towards commercial production at the Vares Silver Project.Tyler, who recently took over the leadership role, shared insights on her extensive experience in polymetallic mining, including roles at BHP, and how it is shaping her vision for Adriatic Metals.She discussed the key milestones at Vares, noting the company's successful stope blasts in August and September, and its preparations to reach full production by December. She emphasised how despite some weather-related challenges, Adriatic Metals remains on track to achieve its goals with a motivated workforce and well-established infrastructure.Looking ahead, Tyler highlighted the company's focus on safely ramping up production, reducing debt, and exploring incremental growth opportunities, including exploration projects and potential regional mergers and acquisitions."We've got all the key infrastructure in place to make this a success," Tyler noted. She also spoke on the strong governmental support for European mining, positioning Adriatic Metals well for future growth.For more updates, don't forget to visit Proactive’s YouTube channel for more videos, give the video a like, subscribe to the channel, and enable notifications for future content.#AdriaticMetals #LauraTyler #VaresProject #SilverMining #MiningUpdates #CommercialProduction #PolymetallicMining #EuropeanMining #MiningIndustry #CriticalMinerals#ProactiveInvestors #stockmarketnews
Frontier IP: The Vaccine Groups Jeremy Salt on £400k Innovate UK Smart grant for animal health Proactive Investors 2024-10-18 | Frontier IP Group PLC (AIM:FIPP) portfolio company The Vaccine Group (TVG) has secured over £400,000 in funding through an Innovate UK Smart Grant. CEO Jeremy Salt told Proactive's Stephen Gunnion the funding will support the development of novel herpesvirus vaccine technology aimed at combating two critical cattle diseases: bovine respiratory syncytial virus (BRSV) and lumpy skin disease.Salt highlighted the commercial importance of these diseases, particularly noting that BRSV impacts nearly 2 million calves annually in the UK alone, costing the industry £54 million per year. This grant will allow The Vaccine Group to move from laboratory testing to real-world animal trials in collaboration with the Animal and Plant Health Agency (APHA) and The Pirbright Institute.Salt also shared updates on other key projects, including the company's efforts in developing vaccines for companion animals such as cats, dogs, and horses, as well as an ongoing Innovate UK grant to target Streptococcus suis in pigs.Don't forget to give this video a like, subscribe to the Proactive channel, and enable notifications to stay updated on more interviews like this one!"#VaccineDevelopment #AnimalHealth #BovineDiseases #InnovateUK #LumpySkinDisease #BRSV #CompanionAnimalVaccines #JeremySalt #TheVaccineGroup #FrontierIP #AnimalVaccines#ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
FTSE 100 opens down; Boohoo falls as boss steps down; gold at new record - Market Report Proactive Investors 2024-10-18 | London's FTSE 100 fell by 30 points to 8,354 as trading got underway on Friday.Boohoo shares slumped early on as the retailer was among the few to update with news its chief executive was to step down as a business review was launched. Figures for the first half of the year also showed the retailer’s revenues and adjusted earnings falling. Elsewhere, Mothercare shares jumped almost 50% after its report signalled a swing to statutory profit in 2023, despite a drop in sales on pressure in the Middle East. ONS data in the meantime showed sales across Britain’s retail sector grew by just 0.3% in September against August’s 1.0% uptick. And finally, gold brushed new record highs on Friday morning, topping the US$2,700 an ounce mark for the first time.#proactiveinvestors #marketreport #ftse #ftse100 #footsie #bookoo #mothercare #ons #gold #goldhigh #goldrecord #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Market report October 18: ASX drops as all sectors drag Proactive Investors 2024-10-18 | Proactive’s Tylah Tully provides a market wrap for October 18.The ASX was on track to close down by 0.9%, sitting at 8,281 points at the time of the update.Over the past five days, the index had gained 0.81% but remained 1.23% below its 52-week high.Top performers of the day included Telix Pharmaceuticals, which saw a 4.17% increase in its share price to A$21.88 after filing a registration statement with the US Securities and Exchange Commission for a proposed Nasdaq listing.Perpetual Limited also rose by 3.97% to A$20.43 despite no specific news.Declining stocks included Flight Centre Travel Group, which dropped 20% to A$17.36 following its presentation at the Morgan Conference.The company reported a decline in revenue margins from 12.9% in FY2019 to 11.4% in FY2024.Sector-wise, all sectors were down, with Utilities being the worst performer, dropping 3.11%.Among small caps, Ovanti saw a significant increase, up over 700% throughout the week, with shares rising from 0.3 cents to 2.5 cents.More small-cap updates will be available in Proactive's weekly small cap wrap.#ProactiveInvestors #ASX #MarketWrap #TelixPharmaceuticals #PerpetualLimited #FlightCentre #Ovanti #StockMarket #Utilities #Nasdaq #SmallCaps #StockUpdate #MarketNews #FinanceNews #RevenueMargins #InvestorNews #MarketWrap #StockPerformance #Shares #ProactiveInvestors #DailyUpdate #MarketReport #Investment#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Small cap wrap: Friday October 18 Proactive Investors 2024-10-18 | Proactive’s Tylah Tully gives a ‘Small Cap Wrap’ for the week.Mako Gold surged over 83% and is now trading at $0.016 per share following its announcement of a Bid Implementation Agreement with Aurum Resources.This merger will create a growing exploration and development gold company in West Africa, supported by over $20 million in cash for advancing flagship projects.Provaris Energy climbed 47% this week to $0.027 per share, despite a slight pullback today.The rise followed the release of its corporate presentation, highlighting its plans to develop scalable supply chains to support Europe’s 2030 emission targets.Solis Minerals also posted gains, up 50% to $0.125 after completing a magnetometry survey at Cinto, identifying magnetic anomalies.The company released its updated investor presentation and reported $2.7 million in cash as of August 30.Ovanti saw a major increase, with its share price jumping over 700%, rising from $0.003, now trading at $0.02 by the end of the week.Lastly, InhalerX doubled its share price to $0.035 cents following the announcement of a $38.5 million funding agreement with Clendon Biotech Capital to cover the costs of Phase 1 and 2 clinical development of its key projects.#ProactiveInvestors #MakoGold #AurumResources #ProvarisEnergy #SolisMinerals #Ovanti #InhalerX #ASX #SmallCaps #SmallCapWrap #GoldExploration #CorporateMerger #MagnetometrySurvey #InvestorPresentation #ClinicalDevelopment #BiotechFunding #WestAfrica #MiningExploration #CashReserves #EmergingMarkets #StockSurge #SharePrice #SmallCapStocks#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Just the Facts: Dynamic Metals advances key projects and maintains strong cash position in quarterly Proactive Investors 2024-10-18 | Proactive’s Tylah Tully breaks down Just the Facts of the latest news from Dynamic Metals Ltd (ASX:DYM).The company progressed its flagship exploration projects during the September quarter, focusing on the Widgiemooltha and Lindsays projects in Western Australia.The company ended the quarter with A$5.3 million in cash, ensuring continued funding for its gold and lithium exploration efforts.At Widgiemooltha, Dynamic finalised a lithium-focused joint venture with Mineral Resources Ltd, retaining a 60% interest while MinRes holds 40%, with the option to increase its stake to 80% by sole funding A$15 million in exploration over the next four years.Dynamic is free to explore the project's gold potential, with two key targets identified at Cognac West and Chalice South. Soil sampling at Cognac West returned promising results, with assays reaching 2.1g/t gold, and drilling is scheduled for early 2025.At Lindsays, Dynamic identified 36 gold and 22 lithium targets, with fieldwork planned for the next quarter. The company is also assessing its Lake Percy and Deep Well projects, which are considered important for nickel and lithium exploration.#ProactiveInvestors #DynamicMetals #ASX #JusttheFacts #GoldExploration #LithiumExploration #Widgiemooltha #LindsaysProject #MineralResources #NickelExploration #CognacWest #ChaliceSouth #LakePercy #DeepWell #ExplorationUpdate #MiningProjects #WesternAustraliaMining #JointVenture #GoldTargets #Fieldwork #DrillingPlans #CashPosition #GeologicalExploration #MiningExploration#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Just the Facts: Tryptamine Therapeutics’ TRP-8803 clears Phase 1b safety trial Proactive Investors 2024-10-18 | Proactive’s Tylah Tully breaks down Just the Facts of the latest news from Tryptamine Therapeutics Ltd (ASX:TYP, OTC:TYPTF).The company has successfully completed the safety evaluation for its intravenous psilocin formulation, TRP-8803, following a Phase 1b clinical trial.This milestone demonstrates that the treatment was generally safe and well-tolerated, paving the way for further clinical studies.The trial began in June 2024 at CMAX Clinical Research in Adelaide and involved eleven healthy participants who received varying doses of the IV-infused psilocin over a period of up to 150 minutes.The result marks a significant step in Tryptamine's clinical program and will guide the design of upcoming Phase 2 trials.The company plans to build on its earlier success with the oral formulation, TRP-8802, which has shown potential in treating Binge Eating Disorder and Fibromyalgia.The intravenous version, TRP-8803, is expected to provide several advantages over oral psilocybin, such as a faster onset, shorter duration and better control over the therapeutic experience.The next phase will involve additional trials and ongoing regulatory engagement.#ProactiveInvestprs #TryptamineTherapeutics #ASX #JusttheFacts #PsilocybinTherapy #Phase1Trial #TRP8803 #PsilocinFormulation #SafetyEvaluation #BingeEatingDisorder #FibromyalgiaTreatment #PsychedelicTherapy #ClinicalTrials #Pharmacokinetics #PsilocybinResearch #HealthcareInnovation #CMAXResearch #MentalHealth #PsilocybinInfusion #SRCApproval #PsilocybinTherapeutics #TRP8802 #ClinicalDevelopment#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Millennial Potash Chairman Highlights U.S.-Gabon Partnership Amid Political Developments Proactive Investors 2024-10-17 | Millennial Potash Chairman Farhad Abasov joined Steve Darling from Proactive to share news about recent political developments in Gabon, home to the company’s flagship Banio Potash Project. In a joint statement from the U.S. and Gabon, the U.S. Department of State acknowledged Gabon’s commitment to a democratic transition and pledged to strengthen their partnership across economic, environmental, and security sectors. This follows an Oct. 3, 2024, meeting with Gabon’s Transition President, Brice Clotaire Oligui Nguema, as the two nations marked 64 years of diplomatic relations.Abasov expressed excitement over the deepening U.S.-Gabon relationship, particularly in light of the Banio Potash Project’s potential to revolutionize agriculture across Africa. The partnership is expected to attract foreign investment, fostering infrastructure growth and economic progress in Gabon. The U.S. government has pledged to support Gabon’s transition to democracy through the African Democratic and Political Transitions (ADAPT) initiative, offering technical assistance for election administration, voter education, and strengthening civil society.#proactiveinvestors #millennialpotahscorp #tsxv #mlp #otcqb #mlpnf #potash #GabonEconomy #BanioPotashProject #USGabonPartnership #MiningInvestment #AgricultureRevolution #PotashIndustry #ForeignInvestment #InfrastructureDevelopment #MiningAndAgriculture#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Alvopetro Energy Reports Strong Q3 2024 Production Growth and Well Updates Proactive Investors 2024-10-17 | Alvopetro Energy CEO Corey Ruttan joined Steve Darling from Proactive to share details on the company’s operational performance in September 2024 and provide an update on its ongoing drilling activities. The company reported a notable increase in production, with Q3 sales volumes averaging 2,106 boepd, marking a 29% jump from 1,629 boepd in Q2. In September, sales volumes reached an average of 1,963 boepd, which included 11.2 MMcfpd of natural gas, 87 bopd of condensate, and 9 bopd of oil.Ruttan also provided insight into the initial completion of the 183-A3 well. The well began production in September and is currently cleaning up as it produces both natural gas and completion fluids. Over the last 72 hours of continuous operation, the well has averaged 2.1 MMcfpd of gas, along with 175 barrels of completion fluid and 50 barrels of condensate per day. The flowing wellhead pressure during this period has averaged 1,195 psi, with a final value of 1,150 psi, and production has been controlled with an 18/64" choke.The company also completed a recompletion of the 183-1 well, but the zone encountered is currently producing only water. Moving forward, Alvopetro plans to monitor the 183-A3 well’s performance before designing an intervention for the 183-1 well. Additionally, they aim to begin a new drilling project up-dip of the 183-A3 well from the prebuilt 183-D pad location.#proactiveinvestors #alvopetroenergyltd #tsxv #alv #otcqx #alvof #OilAndGas #BrazilNaturalGas #EnergyProduction #CEOInterview #Q32024 #ProactiveInvestors #GasPlantCapacity #OrganicGrowth #EnergyStocks#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Candel Therapeutics Poised for Breakthrough in Cancer Therapies, Key Trials to Read Out by Year-End Proactive Investors 2024-10-17 | Candel Therapeuitcs CEO Dr. Paul Peter Tak joined Steve Darling from Proactive to share the company's cutting-edge advancements in viral therapies targeting difficult-to-treat cancers such as prostate, pancreatic, and brain cancers. Candel’s lead compound leverages an innovative in situ vaccination approach, enabling the patient’s immune system to combat both local tumors and distant metastases. With two large randomized prostate cancer trials set to deliver results by year-end, this represents a significant opportunity to address unmet medical needs.Dr. Tak also highlighted the potential of CAN-3110, an engineered herpes simplex virus aimed at treating glioblastoma, with new data on serial injections to be unveiled at an upcoming international conference. The therapy shows promise for expansion into melanoma and other cancers. He noted that positive trial outcomes could lead to regional partnerships to accelerate global patient access.Looking ahead, Candel anticipates further data from its pipeline, particularly in pancreatic and lung cancers, by early 2024. Dr. Tak emphasized the company’s strategic focus on partnerships to scale its operations, positioning Candel Therapeutics for significant growth and a potential transformation into a broader pharmaceutical player over the next six months.#proactiveinvestors #candeltherapeuticsinc #nasdaq #cadl #CancerTreatment #ViralTherapy #ProstateCancer #PancreaticCancer #Glioblastoma #PaulPeterTak #ClinicalTrials #BiotechNews #Immunotherapy #Oncology #CancerResearch#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Standard Uranium Announces Positive Exploration Results and Year 2 Commitment at Sun Dog Project Proactive Investors 2024-10-17 | Standard Uranium CEO Jon Bey joined Steve Darling from Proactive to provide an update on the company's recent exploration activities at the Sun Dog Uranium Project in northwestern Saskatchewan. Standard Uranium completed 16 drill holes targeting 12 areas during Aero Energy's maiden drill program, with nine holes intersecting anomalous radioactivity. Elevated radioactivity was particularly noted in graphitic basement rocks at the newly identified Wishbone target, which aligns with the company’s exploration model for basement-hosted vein deposits similar to the renowned Arrow and Triple R deposits.Bey highlighted that these successful intercepts at Sun Dog, along with similar findings at the neighboring Murmac Project, reinforce the significant potential of this underexplored region to host high-value uranium deposits. He also announced that Aero Energy, the company’s earn-in partner, has committed to the second year of their three-year earn-in option agreement, investing a minimum of $2 million in exploration expenditures for Year 2.Bey also commented on the broader uranium sector, particularly the growing interest in nuclear energy from major tech companies like Microsoft, Amazon, and Google, as they look to power their AI data centers with small modular reactors. Bey believes that these developments underscore why uranium is one of the hottest commodities today.He was attending the Red Cloud Mining Conference where uranium was a key topic, with significant investor interest following recent announcements.#proactiveinvestors #standarduraniumltd #tsxv #stnd #otcqb #sttdf #mining #uranium #sundogproject #UraniumExploration #AthabascaBasin #MambaExploration #DrillingSuccess #MineralExploration #HydrothermalAlteration #Radioactivity #Geophysics #ExplorationNews #MiningUpdates #UraniumDeposits #ProjectPartnership #MiningInvestment #ExplorationResults #MineralTargets #GeologicalSurvey #ExplorationPhaseTwo #UraniumIndustry #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Andrada Minings drilling success at Brandberg West mine: high tin, tungsten, copper grades Proactive Investors 2024-10-17 | Andrada Mining Ltd (AIM:ATM, OTC:AFTTF)head of exploration Tim Marais talked with Proactive's Stephen Gunnion about the latest drilling results from the Brandberg West mine in Namibia. These results mark the second set of ten holes from a 20-hole inaugural program, which yielded encouraging grades for tin, tungsten, and copper.Marais highlighted the polymetallic nature of the deposit, stating, "We've had grades of up to 10% tin within these veins," significantly higher than average industry grades. The results also show promising tungsten grades reaching 2.6% and copper grades exceeding 2%. Notably, the exploration also uncovered trace amounts of silver and gallium, further expanding the site's potential.The program investigated both the depth of existing pits and the mineralisation extending northward, where high-grade mineralised veins were intersected across 1.5 kilometres. Next steps include building a detailed ore-body model and advancing toward a mineral resource estimate. This would add crucial metals like tungsten and copper to the company’s critical minerals portfolio.For more updates on Andrada Mining Ltd's progress, don't forget to like the video, subscribe to the Proactive channel, and enable notifications for future content.#AndradaMining #BrandbergWest #TinMining #TungstenExploration #CopperDiscovery #PolymetallicDeposit #NamibiaMining #CriticalMinerals #MiningExploration #ProactiveInvestors#ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Arizona Lithium MD discusses Big Sandy and Prairie project updates #lithium #rareearths Proactive Investors 2024-10-17 | Arizona Lithium (ASX:AZL) Managing Director Paul Lloyd talked with Proactive about the company's latest $11 million non-dilutive capital raise and how it plans to utilize the funds. Arizona Lithium, trading under ASX: AZL, focuses on two major lithium development projects in North America: the Prairie Project in Saskatchewan and the Big Sandy Project in Arizona.#ProactiveInvestors #ArizonaLithium #LithiumProduction #PaulLloyd #PrairieProject #BigSandyProject #LithiumMarket #DirectLithiumExtraction #MiningNews #SustainableEnergy #ASX #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Technology Minerals Recyclus Group secures MoD contract for LiBox battery storage solution Proactive Investors 2024-10-17 | Technology Minerals PLC (LSE:TM1) chairman Robin Brundle joined Proactive's Stephen Gunnion with more details after the company's 48.35%-owned battery recycling business, Recyclus Group, secured a significant contract with the Ministry of Defense (MoD). Recyclus has already delivered the first order for its LiBox, a specialised storage unit designed to contain lithium-ion battery fires and explosions.Brundle emphasised the growing awareness of the dangers posed by lithium-ion batteries and the critical role LiBox plays in preventing these hazards. “People’s understanding of the dangers of lithium-ion battery fires is very much now coming to the fore,” said Brundle, highlighting that the LiBox adheres to the highest UN and ADR safety standards. The boxes are rigorously tested to contain fires, explosions, and molten projectiles, all while maintaining external temperatures below 100 degrees to avoid further risk.This contract with the MoD is a significant endorsement of Technology Minerals' innovation, and the company is now looking to expand both their sales and rental options for the LiBox. Brundle noted."We are fully utilised on the numbers of boxes we have out to rental clients, and we’re exploring ways to grow the volume." The company continues to focus on expanding opportunities in both government and commercial sectors.For more updates and insights from Technology Minerals and other innovators, visit Proactive’s YouTube channel, and don’t forget to like, subscribe, and enable notifications for future content.#TechnologyMinerals #LithiumIonBatteries #LiBox #BatterySafety #MoD #DefenseTechnology #RenewableEnergy #BatteryStorage #Innovation #RobinBrundle #ProactiveInvestors#ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
GoviEx Uranium CEO on high recoveries, low acid consumption at Mutanga ahead of feasibility study Proactive Investors 2024-10-17 | GoviEx Uranium Inc (TSX-V:GXU, OTCQX:GVXXF) CEO Daniel Major takes Proactive's Stephen Gunnion through pre-feasibility study test work at the company's Muntanga project in Zambia that revealed uranium recoveries of 90% or better at Muntanga and Dibbwi East, surpassing previous expectations. The company had previously recorded an average recovery of 88%, making this an encouraging step forward as GoviEx progresses toward a full feasibility study.He highlighted that significant metallurgical test work was done, improving the project’s results by moving from two-meter to six-meter columns, which produced better recoveries and low acid consumption. Major further noted that these results would help finalise operating and capital costs and push the feasibility study toward completion. He expressed optimism about the study’s outcome, stating it could be ready in a few weeks.As GoviEx continues to fine-tune the numbers for the study, it is also advancing the ESIA process for Dibbwi East and aiming to accelerate the project toward financing and early works in 2024.Make sure to visit Proactive’s YouTube channel for more videos, and don't forget to give the video a like, subscribe to the channel, and enable notifications for future content.#GoviExUranium #DanielMajor #UraniumRecovery #MutangaProject #ZambiaMining #FeasibilityStudy #NuclearEnergy #MiningUpdates #ProactiveInvestors #ESIA #CapitalCosts#ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
ENRG Elements Agadez Uranium Project secures permit renewals; CEO discusses next steps Proactive Investors 2024-10-17 | ENRG Elements Ltd (ASX:EEL, OTC:EELFF) managing director and CEO Caroline Keats talked with Proactive's Stephen Gunnion about the company’s recent positive developments, including the renewal of three exploration permits for its Agadez Uranium Project in Niger. Keats shared that the renewals came after extensive discussions with Niger’s Ministry of Mines, highlighting the company’s strong relationships in the region.Keats discussed the historical and ongoing work at Agadez, which includes updating a historical resource and conducting new drilling programs. "We have doubled the historical resource to a shallow inferred resource of 31.1 million tonnes," Keats noted. This significant milestone demonstrates the project's potential as a key uranium asset in the Tim Mersoi Basin, an area known for substantial uranium production.The company has also conducted trenching programs that revealed high radiometric results, further confirming the uranium potential. Keats emphasised that this work paves the way for future development and exploration efforts, with assay results expected soon.Watch the full interview to learn more about ENRG Elements’ progress in uranium exploration and its strategic projects in Canada and Niger.Visit Proactive’s YouTube channel for more videos like this, and don’t forget to like, subscribe, and hit the notification bell for updates on future content!#ENRGElements #UraniumExploration #AgadezProject #CriticalMinerals #NigerMining #UraniumMining #MiningIndustry #InvestingInUranium #ProactiveInvestors #CarolineKeats #ExplorationPermits #ASXEEL #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Artemis Resources identifies visible gold at Sing Six prospect in Western Australia Proactive Investors 2024-10-17 | Artemis Resources Ltd (ASX:ARV, AIM:ARV, OTCQB:ARTTF) executive director George Ventouras joined Proactive's Stephen Gunnion with details of the company's latest discoveries and future exploration plans. Ventouras highlighted visible gold identified at the Sing Six and Sing Well prospects during recent ground reconnaissance. This discovery points to a potentially untapped mineralised zone, with angular gold pieces suggesting proximity to the source.He also shared updates on other tenements in the West Pilbara region, including high gold numbers at the Titan prospect and forthcoming drilling at Lulu Creek, backed by a government co-funded grant. With numerous samples on their way to the lab and more structural interpretation underway, the company is preparing for additional drilling in the near future. Ventouras anticipates a lot of news flow in the coming weeks as the team progresses with their exploration.As Ventouras put it, "We think there's more there to be discovered," reflecting the company’s optimism about potential further gold finds in the region.Be sure to visit Proactive’s YouTube channel for more updates, and don't forget to like, subscribe, and enable notifications for future content.#ArtemisResources #GoldExploration #MiningUpdates #VisibleGold #PilbaraMining #DrillingProspects #ExplorationNews #MiningInvestments #GoldDiscovery #ProactiveInvestors#ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Zephyr Energy targets 2M barrels with new lateral drill while lowering debt rate Proactive Investors 2024-10-17 | Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF) CEO Colin Harrington joined Steve Darling from Proactive to provide an important update on the company's State 36-2R LNW-CC well at its flagship Paradox Basin project in Utah during an interview with Proactive. The company has approved an extended lateral drilling operation that could significantly increase production, with estimated recoveries of up to two million barrels of oil equivalent—substantially higher than current production levels.In a significant development, Zephyr Energy has secured full funding for the extended lateral drilling through a non-binding letter of intent with a U.S.-based industry investor. This arrangement covers 100% of the project costs, without requiring any equity issuance or increasing Zephyr's exposure to its Paradox project. Drilling operations are expected to commence by the end of 2024 or early 2025, depending on rig availability and weather conditions.Additionally, Harrington shared updates on Zephyr’s financial arrangements with its lender, North Dakota-based First International Bank & Trust. The semi-annual redetermination of the company’s revolving credit facility (RCF) resulted in no change to the existing $15.15 million credit availability. Furthermore, the interest rate on the facility has been reduced from 11% to 10% per annum, bringing down Zephyr’s overall borrowing costs. The company estimates that the reduced rates will lead to a $150,000 reduction in annualized interest expenses.#proactiveinvestors #aim #zphr #otcqb #zphrf #ZephyrEnergy #OilAndGas #EnergySector #ColinHarrington #ProductionTest #ParadoxPlay #OilProduction #EnergyUpdate #BOE #Condensate #State36_2R #WellTestResults #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Ecora CEO discusses Voiseys Bay expansion and cobalt outlook Proactive Investors 2024-10-17 | Ecora Resources PLC (LSE:ECOR, TSX:ECOR, OTCQX:ECRAF) CEO Marc Bishop Lafleche spoke with Proactive's Stephen Gunnion about the company's cobalt stream investment at Voisey's Bay in Canada and the production ramp-up timeline. Following a trip by Ecora's team to Voisey's Bay, operated by Vale, Lafleche highlighted Ecora's entitlement to nearly 23% of the cobalt production from the mine, which initially started as an open-pit operation and is now transitioning underground with significant production increases expected by 2026.Lafleche shared that Ecora anticipates a substantial rise in cobalt deliveries from 11 in 2023 to 40 per year at full production—nearly a 400% increase. He mentioned that the Eastern Deeps underground ore body will see ramped-up production from Q4 2024, with full production targets by the end of 2026.Despite the cyclical lows in cobalt pricing, Lafleche expressed optimism, pointing to a market recovery and demand growth. He emphasised that even at low cobalt prices, the Voisey’s Bay stream could generate close to $20 million in annual revenue at full production. Lafleche also praised the professionalism and infrastructure at the mine, noting that the life of the mine could potentially extend beyond current reserves.Visit Proactive's YouTube channel for more videos, and don’t forget to give the video a like, subscribe to the channel, and enable notifications for future content.#EcoraResources #VoiseysBay #CobaltMarket #MiningInvestment #CobaltProduction #ValeMining #MarcBishopLafleche #ProactiveInvestors #MiningUpdates #CommodityPrices #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
FTSE 100 opens lower as miners decline; Rentokil, Entain and Deliveroo jump - Market Report Proactive Investors 2024-10-17 | London's FTSE 100 opened off the mark on Thursday, falling by 5 points to 8,323 as trading got underway. Miners weighed early on as news of a 4 trillion yuan project initiative in China was again viewed as not enough to reinvigorate the world’s second-largest economy. Rentokil bounced higher in the meantime, after it held guidance in its latest trading update and appeared to calm investors’ nerves following a profit warning last month. Ladbrokes owner Entain also gained on a guidance hike in its third quarter update, while news of order growth in recent months sent Deliveroo shares higher. A busy day on the earnings front also saw AJ Bell fall despite its report of growing customer numbers, as Mondi also tumbled after reporting a drop in third-quarter profit.#ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Market report October 17: ASX surges as AMP releases strong quarterly Proactive Investors 2024-10-17 | Proactive’s Tylah Tully provides a market wrap for October 17.The ASX closed 0.86% higher on October 16, finishing at 8,355.9 points. Over the past five days, the index has gained 1.62% and is currently 0.34% below its 52-week high.The best-performing stock was AMP Limited, which surged 17.71% to $1.59 per share after releasing its Q3 cash flow report. The report highlighted a 76% increase in Platforms net cashflows, reaching $750 million, and a total loan book of $23 billion.Healius experienced the largest decline, down 4.47% to $1.71 per share. At a sector level, Industrials led gains, rising 1.85%, followed by Financial and Real Estate sectors, each gaining 1.65%. Information Technology was the only major sector in decline, dropping 1.08%.Among small caps, Provaris Energy Ltd surged as much as 40.91% to $0.031 per share, Solis Minerals Ltd up as much as 35.81% to $0.11, Aura Energy Ltd as much as 16.13% higher to $.018, Ora Banda Mining Ltd up to 14.93% higher to $0.77, Jindalee Lithium Ltd up 8.7% to $0.25 and Predictive Discovery Ltd up 6% to $0.265.Ovanti Ltd made the largest jump with a 250% increase, trading at just under $0.015 per share.#ProactiveInvestor #ASX #Marketwrap #AustralianMarket, #AMP, #Healius, #ProvarisEnergy, #SolisMinerals, #Ovanti, #StockMarket, #MarketUpdate, #Finance, #Investing, #Industrials, #InformationTechnology, #FinancialSector, #RealEstate, #Stocks, #SmallCaps, #Gains, #Losses, #MarketNews #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Just the Facts: Strickland Metals to fast-track drilling at new Rogozna targets Proactive Investors 2024-10-17 | Proactive’s Tylah Tully breaks down Just the Facts of the latest news from Strickland Metals LTD (ASX:STK).The company has identified new exploration targets at its Rogozna Gold and Base Metals Project in Serbia, along strike from the existing 5.4-million-ounce gold equivalent resource. These new targets, Jezerska Reka and Obradov Potok, show strong chargeability anomalies based on recent IP survey data, which are larger and stronger than those at the Shanac and Copper Canyon deposits.A review of historical drilling at one target confirmed porphyry-related alteration and veining, making it a high-priority target for porphyry-hosted copper-gold mineralisation. As a result, Strickland Metals is advancing its drilling efforts, with four rigs currently operating at Shanac, Medenovac, and Gradina, and another rig soon to start at Jezerska Reka.The company has expressed increased confidence in these targets, seeing them as significant opportunities for discovery and growth at the Rogozna project.#ProactiveInvestors #StricklandMetals #ASX #RogoznaProject #GoldExploration #BaseMetals #PorphyryCopper #Geology #IPSurvey #DrillingUpdate #GoldMining #CopperMining #SerbiaMining #ExplorationTargets #ASX #MineralExploration #ResourceGrowth #MiningNews #NewTargets #PorphyryMineralisation #MineralPotential #CopperGold#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Just the Facts: Altech unveils major energy capacity boost in lithium-ion battery technology Proactive Investors 2024-10-17 | Proactive’s Tylah Tully breaks down Just the Facts of the latest news from Altech Batteries Ltd (ASX:ATC, OTC:ALTHF).The company has achieved a 55% increase in energy capacity for lithium-ion battery anodes through its Silumina Anodes™ technology. This was accomplished by blending alumina-coated silicon particles with battery-grade graphite to form a composite anode, surpassing the previous 30% energy increase. The new material showed an increased retention capacity of 500 mAh/g, compared to 320 mAh/g for traditional graphite-only anodes.This breakthrough is seen as a key step in unlocking the potential of silicon in lithium-ion batteries, which Altech believes could revolutionise the battery industry.The company has also completed a definitive feasibility study for an 8,000-tonnes-per-annum plant with strong economic prospects, including a pre-tax NPV of €684 million, 34% internal rate of return, and a 2.4-year payback period.Altech has finished building a pilot plant and is now in the hot commissioning stage to further scale its technology for market entry.#ProactiveInvestors #AltechBatteries #ASX #SiluminaAnodes #LithiumIon #BatteryTechnology #EnergyStorage #SiliconAnodes #Innovation #PilotPlant #CleanEnergy #BatteryBreakthrough #GreenTech #EnergyEfficiency #ASX #Sustainability #BatteryResearch #EVBatteries #RDBreakthrough #EconomicFeasibility #TechInnovation #RenewableEnergy#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Just the Facts: Sprintex ships first unit to Europe; records 69% energy savings Proactive Investors 2024-10-17 | Proactive’s Tylah Tully breaks down Just the Facts of the latest news from Sprintex Ltd (ASX:SIX).The company has shipped its first Mest Water ammonia reduction unit to Europe, as part of a A$1 million evaluation phase, with 19 more units to follow.This project addresses European agricultural emission regulations, with Sprintex compressors playing a key role in reducing ammonia emissions.In a separate development, Sprintex achieved an energy efficiency breakthrough through its partnership with China's Qunying Corporation.Trials of G15 blowers demonstrated a 69% reduction in energy consumption, resulting in A$1.25 million in annual savings per factory.The G Series blowers continue to draw attention for their energy-saving capabilities across various sectors, positioning the company well to meet growing global demand for energy-efficient technologies.On the corporate front, John Bell has been appointed as the new CFO and company secretary, bringing over 25 years of experience in financial roles, with expertise in mergers, acquisitions, and IPOs.#ProactiveInvestprs #Sprintex #ASX #MestWater #EnergyEfficiency #AmmoniaReduction #G15Blowers #JohnBell #CorporateUpdate #TextileIndustry #EmissionReduction #SustainableTech #EnergySavings #ChinaCollaboration #IndustrialTech #AgriculturalRegulations #QunyingCorporation #TechInnovation #GlobalTextiles #CorporateNews #NewCFO#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Gold Hydrogen records world-leading helium purity at Ramsay Proactive Investors 2024-10-17 | Gold Hydrogen Ltd (ASX:GHY) managing director Neil McDonald sits down with Proactive’s Tylah Tully to discuss promising results from testing at the Ramsay Project on the Yorke Peninsula in South Australia.Testing focused on natural hydrogen and helium extraction, with Gold Hydrogen recording helium purity levels as high as 36.9% at the well head, which are among the highest globally for a non-petroleum system.Additional helium purity levels between 20% and 25% were confirmed by the CSIRO noble gas laboratory in Australia.Highlights of the testing program include successful extraction of helium to the surface, further confirmation of the Kulpara Dolomite formation as a potentially prolific helium zone and positive results from 2D seismic surveys identifying future drilling targets.The company is preparing new drilling designs to optimise extraction and has begun analysis at specialist laboratories in Australia, London and Paris, with final results expected soon.The Ramsay Project has potential to become a commercially significant producer of both natural hydrogen and helium, supported by early drilling data and high helium purity levels, positioning Gold Hydrogen as a key player in this emerging sector.#ProactiveInvestors #GoldHydrogen #ASX #RamsayProject #HeliumPurity #NaturalHydrogen #KulparaDolomite #CSIRO #SeismicSurvey #WellTesting #HydrogenEconomy #HeliumExtraction #YorkePeninsula #ExplorationDrilling #NaturalResources #GasExploration #AustraliaMining #EnergySector #HydrogenResources #HeliumIndustry #GeologicalSurvey #ASX #GoldHydrogen#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
AuKing Mining offloads non-core Tanzanian assets in $175,000 deal Proactive Investors 2024-10-17 | AuKing Mining Ltd (ASX:AKN) managing director Paul Williams joins Proactive’s Tylah Tully to discuss the company’s binding agreement signed with Moab Minerals Ltd (ASX:MOM) to sell its remaining non-core prospecting licences at the Manyoni Uranium Project in Tanzania.The deal is valued at $175,000 and follows the revocation of two key prospecting licences at Manyoni by the Tanzanian Mining Commission. These licences were a critical part of the project's uranium resource estimate, and after unsuccessful negotiations with Tanzanian authorities, AuKing opted to sell the remaining assets.The sale is subject to several conditions, including 30 days of due diligence by Moab Minerals, the provision of necessary information by AuKing, maintenance of the licences in good standing, ministerial approval and potential clearance from the Fair Competition Council (FCC) of Tanzania.AuKing Mining has confirmed that this transaction will not affect its plans to start drilling at the Mkuju Uranium Project in southern Tanzania, which remains independent from the Manyoni project.#ProactiveInvestprs #AuKingMining #ASX #TanzaniaMining #ManyoniProject #UraniumMining #MoabMinerals #MiningLicences #TanzanianMiningCommission #UraniumExploration #MkujuProject #MiningDeals #MineralResources #ResourceManagement #NonCoreAssets #MiningSales #DueDiligence #MinisterialApproval #FairCompetitionCouncil #MiningIndustry #MiningProjects#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Lithium Australia proposes name change to Livium Proactive Investors 2024-10-17 | Lithium Australia Ltd (ASX:LIT) managing director and CEO Simon Linge sits down with Proactive’s Tylah Tully to discuss the company’s upcoming annual general meeting (AGM) and give investors an update.Lithium Australia released its quarterly results which demonstrated strong progress. It continued to scale up its battery recycling business reporting $1.7 million in profit.Linge also ran through the agenda for its AGM that will take place at 3:00 pm (AWST) on Tuesday, October 29, 2024, at The Park Business Centre, West Perth, Western Australia.A key resolution to be discussed is the proposal to change the company's name to Livium. He said the proposed name change reflected the company's evolving focus and potential shift in strategic direction.Further details will be provided during the meeting, allowing shareholders to understand and vote on the proposal.#ProactiveInvestors #LithiumAustralia #ASX #Livium #AGM2024 #NameChange #LithiumIndustry #SimonLinge #CompanyUpdate #Rebranding #BusinessStrategy #ShareholdersMeeting #WestPerth #MiningNews #LithiumTechnology #AustraliaBusiness #WAEvents #CorporateUpdate #LithiumMarket #EnergyStorage #Renewables #CorporateLeadership#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Kali Metals reports high grade lithium and gold at Marble Bar Project Proactive Investors 2024-10-16 | Kali Metals Ltd (ASX: KM1) managing director Paul Adams joins Proactive’s Tylah Tully to discuss promising results the company has received from first-pass mapping and rock chip sampling at the Marble Bar Project in the Pilbara region of Western Australia.The presence of significant lithium and gold mineralisation has been confirmed on the surface, with assays returning up to 1.5% lithium oxide (Li2O) and 3.0 g/t gold.At Panther Lithium Prospect the company identified lithium oxide up to 1.5% from a lithium-caesium-tantalum (LCT) pegmatite, with multiple samples more than 1% Li2O across a 1.1-kilometre strike length.At Tiger Gold Prospect, gold assays up to 3.0 g/t from quartz veins within monzogranite were identified across a 400x400 metre area.At the Sherman Gold Prospect, Kali’s rock chip sample returned 1.7 g/t gold from a quartz sub-crop several metres wide.The reconnaissance work follows previous exploration by Kalamazoo Resources, which identified significant lithium and gold potential in the area. Kali Metals plans to conduct further outcrop sampling and mapping to inform drilling programs scheduled for 2025.Adams expressed satisfaction with the initial results, highlighting the potential for additional targets and ongoing fieldwork to further refine exploration efforts.#ProactiveInvestors #KaliMetals, #ASX #LithiumExploration, #GoldExploration, #MarbleBarProject, #PilbaraMining, #LithiumPotential, #GoldDiscovery, #MiningNews, #RockChipSampling, #Pegmatite, #ExplorationResults, #WesternAustraliaMining, #LCTPegmatites, #Fieldwork, #MiningExploration, #GeologicalMapping, #ExplorationUpdate, #MiningDrilling, #GoldMineralisation, #LithiumAssays#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Octava Minerals receives approval for antimony exploration at Yallalong Proactive Investors 2024-10-16 | Octava Minerals Ltd (ASX:OCT) managing director Bevan Wakelam joins Proactive’s Tylah Tully to discuss Program of Work (PoW) approvals for exploration of four priority antimony targets at the Yallalong Project.The approvals, granted by the Western Australian Department of Mines, Industry, Regulation & Safety (DMIRS), cover exploration and planned drilling activities at the project site.The Yallalong Project is approximately 220 kilometres northeast of Geraldton, Western Australia, and comprises two granted exploration licences, E70/5051 and E09/2823, covering 63.4 square kilometres and 94 square kilometres respectively.Antimony mineralisation at Yallalong is linked to quartz-veined zones within sheared sedimentary rocks adjacent to mafic intrusive dykes in a larger shear zone, a common setting for antimony deposits globally.Octava's exploration team has initiated fieldwork, focusing on geological mapping and rock chip sampling across the four priority targets. Additionally, heritage discussions are ongoing with relevant landholder groups to secure clearances ahead of the planned drilling phase.#ProactiveInvestors #OctavaMinerals #ASX #YallalongProject #AntimonyExploration #POWApproval #WesternAustraliaMining #NewEnergyMetals #MineralExploration #GeologicalMapping #RockChipSampling #AntimonyTargets #MiningUpdate #FieldworkProgress #MineralDiscoveries #MiningNews #ExplorationLicenses #ShearZoneGeology #MiningProjects #AustralianMining #EnergyMetals #AntimonyPotential#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Cobre CEO says scoping study for Ngami copper project reveals exceptional economics Proactive Investors 2024-10-16 | Cobre Ltd (ASX:CBE) CEO Adam Wooldridge discusses the completion of a scoping and economic study for the Ngami copper project in Botswana with Proactive's Stephen Gunnion.Wooldridge explained that the project’s copper mineralisation is amenable to in-situ copper recovery, which significantly lowers capital and operating expenditures. The study suggests that Cobre can develop a scalable and de-risked extraction process, allowing for staged capital expenditure. Wooldridge also noted the results of extensive hydrological testing, which demonstrated that copper can be extracted efficiently using this method.“The in-situ copper recovery process places us at the bottom of the cost curve,” Wooldridge remarked, emphasising the competitive advantages that this method provides for the project’s economics.Looking ahead, Cobre plans to further drill 9,000 meters to define 30 million tonnes of ore and begin a pilot study to validate the project’s economic model in the field. This progress will form the backbone of a pre-feasibility study as the next step.For more insights on Cobre Ltd’s progress and other exciting developments, visit Proactive’s YouTube channel. Don’t forget to like this video, subscribe to the channel, and enable notifications for updates on future content.#CobreLtd #CopperMining #NgamiCopperProject #BotswanaMining #InSituRecovery #MiningInvestment #AdamWooldridge #CopperExtraction #MiningEconomics #CopperExploration #ProactiveInvestors#ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Doubleview Gold Corp CEO Farshad Shirvani Updates Initial 2024 Drill Assay Results on Hat Project Proactive Investors 2024-10-16 | Doubleview Gold Corp CEO Farshad Shirvani joined Steve Darling from Proactive to provide an important update on the first set of drill hole assay results from the company’s 2024 drilling campaign at its Hat polymetallic porphyry project in northwestern British Columbia. Speaking with Proactive, Shirvani shared that the recent drill holes targeted previously untested central areas of the Lisle Zone, a crucial part of the block model being used for the Mineral Resource Estimate.The three drill holes, located within the mineral resource pit, successfully validated the existing block model while also offering new data that bolsters the company's confidence in the accuracy of its resource estimates. One of the highlights from the results was Drill Hole H072, which returned an impressive 686 meters of mineralization, featuring 0.23% copper (Cu), 0.16 g/t gold (Au), 64 g/t cobalt (Co), 0.33 g/t silver (Ag), and 25.7 g/t scandium (Sc).These results further underscore the potential of the Lisle Zone and provide significant insight for refining the resource estimates for the Hat project moving forward.#proactiveinvestors #doubleviewgoldcorp #tsxv #dbg #otcqb #dblvf #mining #hatproject DrillResults #LisleZone #MiningUpdate #Copper #GoldExploration #ResourceEstimation #MiningNews #ProactiveInvestors #FarshadShirvani#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Silver North Resources Completes 2024 Drilling at Haldane Property on West and Main Fault Targets Proactive Investors 2024-10-16 | Silver North Resources CEO Jason Weber joined Steve Darling from Proactive to share significant progress on the company's 2024 drilling campaign at the Haldane Property, located in the renowned Keno Hill Silver District in Yukon. The drilling program, now complete, involved a total of 732 metres drilled across three holes, targeting both the West Fault and Main Fault zones.This campaign marked Silver North’s first test of the Main Fault, with two holes successfully intersecting the target within moderately to unoxidized rocks, allowing for a strong recovery of the vein targets. The 8,579-hectare Haldane Property hosts multiple occurrences of silver-lead-zinc-bearing quartz siderite veins, similar to those found throughout the district.Weber explained that beyond continuing step-out testing of the West Fault, one of the primary objectives of the 2024 program was to drill the Main Fault below the oxidation level to evaluate its potential for high-grade silver mineralization. Historical surface samples from the Main Fault showed promising results, including oxidized vein samples averaging 151 g/t silver over 7.6 meters and 223 g/t silver over 3.6 meters at the Main Zone and Main Zone South showings. Past drilling efforts from 2011 and 2013 had encountered similarly anomalous results but suffered from poor recovery in heavily oxidized zones.The successful recovery of samples from the unoxidized sections of the Main Fault offers an encouraging step towards better understanding the property’s potential for significant silver mineralization.#proactiveinvestors #silvernorthresourcesltd #tsxv #snag #otcqb #tarsf #mining #tomproperty #YukonMining #SilverNorthResources #HaldaneProject #MiningNews #HighGradeSilver #KenoHill #DrillingProgram #ResourceExploration#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
AuAg Funds raises gold price target as it approaches new highs; Silver Bullet fund tops €100m Proactive Investors 2024-10-16 | AuAg Funds CEO Eric Strand talked with Proactive's Stephen Gunnion about the recent upward momentum in gold and silver prices and the potential for continued growth. Strand highlighted that AuAg Funds has raised its price target for gold from $2,475 to $2,750 as the metal approaches all-time highs. Discussing key drivers, he pointed out the impact of interest rate cuts, upcoming U.S. elections, and China’s stimulus efforts.Strand emphasised that commercial short sellers have been struggling to manage gold and silver prices, creating the potential for a short squeeze that could further boost these markets. He also touched on the improving gold-silver ratio, predicting that silver could outperform gold with a target of $39 per ounce.Strand expressed optimism about AuAg’s Silver Bullet Fund, which has exceeded €100 million and continues to reach new highs. He expects margin expansions in the mining sector as energy prices stabilise, leading to strong financial performance for miners. Despite potential short-term volatility from the US elections, he believes that gold and silver remain poised for further gains.Visit Proactive's YouTube channel for more videos, and don’t forget to give this video a like, subscribe to the channel, and enable notifications for future content.#AuAgFunds #GoldPrice #EricStrand #GoldAllTimeHigh #GoldForecast #SilverMarket #GoldInvesting #USInterestRates #PreciousMetals #GoldSilverRatio #GoldShortSqueeze #InvestingInGold #PreciousMetalsMarket #ProactiveInvestors #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Rome Resources CEO Paul Barrett discusses promising drilling progress at Bisie North in DRC Proactive Investors 2024-10-16 | Rome Resources Plc (AIM:RMR) CEO Paul Barrett talked with Proactive's Stephen Gunnion about the latest progress in the company's ongoing drilling program at the Bisie North Project in the Democratic Republic of Congo (DRC). Barrett highlighted that drilling is advancing well, with rigs currently operating at both the Kalayi and Mont Agoma prospects. He mentioned that approximately 30% of the drilling program is complete and emphasised that the company is seeing promising semi-quantitative results.Barrett also noted that the first batch of samples from the early drill holes has already been sent to the lab, with assays expected soon. As part of the company's original plan, it aims to complete 3,000 meters of drilling, which will provide the data necessary for resource reporting. Additionally, Barrett hinted that the drilling could extend beyond the planned target to capitalise on favourable results.Reflecting on the operational challenges in such a remote location, Barrett acknowledged the reliance on helicopter logistics, but he expressed confidence in the team’s progress. Looking ahead, he expects both tin and copper results to be reported in early 2025.Make sure to watch the full interview for more insights and updates from Rome Resources Plc.Visit Proactive's YouTube channel for more interviews like this one, and don’t forget to like, subscribe, and enable notifications for future content.#RomeResources #DRCMining #BisieNorth #TinExploration #CopperMining #MiningUpdates #ProactiveInvestors #ResourceDrilling #MiningIndustry #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
FTSE 100 lifted by easing inflation; Whitbread and Moonpig fly on buybacks - Market Report Proactive Investors 2024-10-16 | London's FTSE 100 rallied 54 points to 8,303 on Wednesday morning following news inflation in the UK had stooped to a three-year low. ONS figures showed the consumer price index subsided to 1.7% last month, against 2.2% in August, driven by the likes of lower petrol prices and airfares. Among companies, Whitbread climbed early on after the Premier Inn owner reported a 22% drop in interim profit but unveiled a new £100 million share buyback. Moonpig also climbed on news of a £25 million share buyback, which marks the personalised greeting card retailer’s first ever. And finally, Just Eat shares took a knock early on after the delivery firm posted a drop in sales over the third quarter on declining order numbers. #ProactiveInvestors #marketreport #ftse #ftse100 #footsie #ons #inflation #whitbread #moonpig #justeat #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Market report October 16: ASX drops as all but one sector decline Proactive Investors 2024-10-16 | Proactive’s Tylah Tully provides a market wrap for October 16.The ASX closed 0.41% lower today at 8,284.7 points. Despite the decline, the index has gained 1.19% over the last five days and remains 0.56% below its 52-week high.The top-performing stock was Evolution Mining, which saw an increase of 6.82%, closing at $5.01 per share. Conversely, IDP Education continued its decline for the second day, dropping 5.04% to $13.00 per share.Sector performance was mixed, with Financials gaining 0.27%, marking its second consecutive day of growth. However, Information Technology fell 1.35%, followed by Utilities down 1.21% and Consumer Staples decreasing by 1.16%.In the small-cap sector, Nyrada rose by 36%, adding more than 3.5 cents to its share price. Resolution Mining and MRG Metals both increased by 33%.A major mover in the small caps sector was Mako Gold Ltd, which was up as much as 77.78% to $0.016 on the back of a merger proposal with Aurum Resources Ltd.Among other gains for small caps were Provaris Energy Ltd, which was as much as 25% higher to $0.03, Yandal Resources Ltd up 15% to $0.115, Polymetals Resources Ltd as much as 8.98% higher to $0.425, Nova Minerals Ltd up 8.11% to $0.20, Alkane Resources Ltd as much as 8.0% higher to $0.54, Australian Gold & Copper was 6.82% higher to $0.235 and Lunnon Metals Ltd up to 6.67% higher to $0.32.#ProactiveInvestors #ASX #MarketWrap #StockMarket #EvolutionMining #IDP #Financials #SmallCaps #Nyrada #MakoGold #ProvarisEnergy #YandalResources #MarketUpdate #Investing #Finance #Stocks #Mining #Technology #Utilities #ConsumerStaples #AurumResources #Merger #MarketNews#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Itaconix launches SPARX at SEPAWA, introducing sustainable innovations in home and laundry care Proactive Investors 2024-10-16 | Itaconix PLC (AIM:ITX, OTCQB:ITXXF) CEO John Shaw joined Stephen Gunnion in the Proactive studio to discuss the launch of the SPARX program, which focuses on revolutionising product categories with sustainable and innovative solutions. Shaw shared that SPARX aligns with the company's roots in delivering better performance, affordability and safety in various sectors, including home care and laundry.Discussing the motivation behind SPARX, Shaw said, "We've already done that in certain product categories, and we see big opportunities to do it in others in the future." He emphasised that this initiative is a collaboration with brands, contract manufacturers, and other companies to introduce new products that not only perform better but also ensure safety, affordability, and renewability.Additionally, Shaw highlighted the significance of launching SPARX at SEPAWA, one of the largest home care conferences, where Itaconix will present exciting data on the biodegradability of its polymers. SPARX is expected to impact major markets like laundry care, beauty care, and pet care in the coming years, with a particular focus on high-performing, sustainable products..For more videos like this, visit Proactive's YouTube channel. Don't forget to give the video a like, subscribe to the channel, and enable notifications for future updates!#Itaconix #SPARXProgram #SustainableProducts #HomeCareInnovation #LaundryCare #JohnShaw #Biodegradability #SEPAWA #ProductInnovation #CleanTech#ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Just the Facts: Nexus Minerals revisits Pinnacles gold study amid record prices Proactive Investors 2024-10-16 | Proactive’s Tylah Tully breaks down Just the Facts of the latest news from Nexus Minerals Ltd (ASX:NXM).The company has launched a new underground mine study for the Pinnacles Joint Venture Gold Project, driven by a recent rise in gold prices.Nexus holds a 90% stake in the project, while Northern Star Resources holds the remaining 10%.The Pinnacles deposit contains a resource of 609,000 tonnes at 4 g/t gold, totalling 78,000 ounces. The underground portion accounts for 450,000 tonnes at 4.6 g/t gold, representing 66,000 ounces.The project is just 13 kilometres from Northern Star’s Carosue Dam Processing Plant, with a sale agreement in place for Nexus to sell ore to Northern Star.With gold prices reaching historic highs, Nexus views Pinnacles as a valuable near-term production opportunity.Key studies, including geotechnical, groundwater and metallurgical testing, have been completed, showing recovery rates exceeding 97%. Permits are in place for a rapid and cost-effective development, if favourable economics are confirmed.The deposit also remains open for further exploration below 300 metres. Nexus is conducting this mine study alongside a scoping study at the nearby Crusader-Templar Gold Deposit.#ProactiveInvestors #NexusMinerals #ASX #PinnaclesGold #GoldMining #NorthernStarResources #UndergroundMining #GoldExploration #MiningStudy #GoldPrice #AustralianMining #OreSaleAgreement #GoldProject #MineDevelopment #GoldDeposit #MiningUpdate #MiningNews #GeotechnicalStudy #GoldPotential #MetallurgicalTesting #MiningEconomics #GoldProduction#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Just the Facts: Peninsula Energy on track for Lance production this year Proactive Investors 2024-10-16 | Proactive’s Tylah Tully breaks down Just the Facts of the latest news from Peninsula Energy Ltd (ASX: PEN, OTCQB:PENMF).The company is accelerating construction and wellfield development at its Lance Project in Wyoming, aiming to restart uranium production by December 2024.Recent progress includes the completion of concrete work, structural steel, roofing, and building siding installation. In addition, ion-exchange vessels, elution tanks, and precipitation tanks have been installed, with HVAC, cable trays, and interior lighting nearing completion.Groundwater preconditioning continues in Mine Unit 1 (MU-1), while Mine Unit 3 (MU-3) is approaching operational readiness, with Header House 11 fully constructed.Peninsula received regulatory approval for MU-3 on 11 October 2024, enabling full operational activities.Twelve drill rigs are active daily, advancing well installation in MU-3’s Header Houses 12 and 13, with 76% of the wells now installed.With construction and wellfield development progressing on schedule, Peninsula Energy is set for a uranium production restart by the end of the year.#ProactiveInvestors #PeninsulaEnergy #ASX #OTC #LanceProject #UraniumProduction #WyomingMining #MineDevelopment #RegulatoryApproval #EnergyRestart #MiningUpdate #WellfieldConstruction #ProductionWells #MiningNews #EnergyProjects #DrillRigOperations #UraniumMining #MineUnit3 #UraniumRestart #MiningProgress #MiningTechnology #WyomingUranium #MiningOperations#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
