In a bid aimed at fortifying Australia's position as a global leader in critical minerals and renewable energy, the Albanese government has announced a 10 year, AU$566.1 million investment into critical minerals exploration. “There is no nation on earth better placed than Australia to achieve our goal of moving toward a clean energy future,” remarked Prime Minister Anthony Albanese in a Wednesday (May 8) press release. “This investment highlights my Government’s commitment to building a secure and sustainable future for all Australians. By investing significantly in geoscience, we can boost ..read more

At its highly anticipated Let Loose event on Tuesday (May 7), Apple (NASDAQ:AAPL) unveiled new products and updates focused primarily on enhanced performance, display technology and accessories for its iPad lineup. Read on to learn about the company's new products and how market participants reacted. Launch anticipation builds amid market challenges Apple's share price has been volatile this year as it lags behind its peers in artificial intelligence (AI) innovation. The company's lowest recorded share price in 2024 was US$165 on April 19, 11 percent below US$185.64, where it started on ..read more

E-Power Resources Inc. (CSE: EPR) ("E-Power" or the "Company") announces that it has closed the second tranche of the private placement previously announced on February 26, 2024 (the "Private Placement"). An aggregate of 1,849,114 units (the " Units") of the Company were issued in the Private Placement at a price of $0.07 per Unit for gross proceeds of $129,438, each Unit being comprised of one common share in the capital of the Company (each a "Common Share") and one-half common share purchase warrant (each a "Warrant"), each Warrant entitling its holder thereof to acquire one additional co ..read more

Rua Gold (CSE:RUA,OTC:NZAUF,WKN:A4010V) focuses on the Hauraki Goldfield and Reefton Goldfield - two prolific, historic gold-producing regions in New Zealand boasting previous high-grade gold production. New Zealand is a tier 1 mining jurisdiction with highly prospective geology, and a skilled workforce. The new government of New Zealand has committed to promoting economic growth through mining- and business-friendly policies, such as the Fast Track Approval Bill, which proposes quicker approval timelines for a range of projects, including mining. New Zealand has a rich history of gold pro ..read more

Gladiator Resources Ltd (ASX: GLA) (Gladiator or the Company) is excited to announce preparations for our diamond drilling program at our 100% owned Mkuju Uranium Project. Tanzanian Mining Commission has approved BR Drilling Limited, the Company’s preferred contractor for the drilling at the 100% Owned Mkuju Uranium Project. The rainy season has ended. Mobilization, earthworks, and camp set-up now underway in preparation of the drilling campaign. Drilling will start in June at the promising SWC target where surface trenches gave vertical intervals including 2.55m @ 2017ppm U3O8, 0.75m @ 713 ..read more

Magnetic Resources NL (ASX:MAU) (Magnetic or the Company) is pleased to announce that LJN4 continues to deliver with deepest intersection at 650m. After a significant intersection of 16m at 4.51g/t from 411m within MLJDD033, which was a very large 200m step out below the current resource (Figures 1 and 4) a further seven deeper diamond holes totalling 2,354m holes averaging 336m were drilled to ascertain the depth continuity in other parts of the LJN4 Deposit. Some compelling intersections are outlined below. MLJDD039 has the deepest intersection to date of 28m at 1.19g/t from 432m includin ..read more

Experts have long warned that global overreliance on China for the production and processing of rare earth elements (REEs) was akin to a house of cards — and the Chinese government keeps proving them right. In December 2023, China announced a ban on the export of multiple technologies related to REE extraction processing, including those used in the production of rare earth magnets. Rather than a new development, this announcement was simply the latest in a series of restrictions implemented over the previous year. Other banned exports include extraction technology, separation technology and ..read more

Auric Mining (ASX:AWJ) has commenced Phase 2 of gold production at Jeffreys Find, with nearly 20,000 tonnes of ore delivered to the Coolgardie mill. The company’s managing director, Mark English, said the company is poised make a “substantial amount of money” in 2024 as it intends to double its production amid high gold prices. “We'll make sure to generate around $7 million worth of gross revenue out of this parcel. So throughout 2024, (with) 300,000 tonnes (of gold ore) going through that mill, we will certainly double our production on what we did compared to 2023 … This year, we'll do a mi ..read more

Comprising roughly two percent of the Earth's crust, magnesium is the eighth most common mineral on the planet. In spite of this abundance, the world has for several years faced a steadily worsening magnesium supply shortage due to increased demand and lack of economic deposits and cost-effective processing. In 2021, China — historically responsible for supplying roughly 90 percent of the world's magnesium — curbed its magnesium production. The following year, Chinese magnesium production shut down entirely due to high energy costs. These events have had a ripple effect on the global magnesi ..read more

Manuka Resources Limited (“Manuka” or the “Company”) is pleased to announce it has received firm commitments from institutional and other exempt investors for up to $8 million worth of new Manuka shares (each, a New Share) via a Share Placement (“Placement”) to commence bringing the Mt Boppy Gold Mine into production within 2024. Highlights Firm commitments received for $8 million to be applied towards bringing the Mt Boppy Gold Mine into production. Mt Boppy has an initial 5-year Mine Plan generating a forecast EBITDA of up to approximately $19 million per annum1. The $8 million raised wil ..read more