15 April 2024
15 April 2024
The reacquisition of COSE is a strategic move that consolidates Patagonia Gold’s holdings within the El Tranquilo concession block.
The deal, signed with certain third-party vendors, allows Quetzal to buy all Polaris Resources' issued and outstanding shares.
Noronex's subsidiary Larchmont issued 5.5 million shares to Thunder Gold and committed a deferred cash payment of $1m (A$1.54m).
The acquisition includes the Marysvale Project, SKY Project and 13 historic high-grade vanadium/uranium mines.
BATX also agreed to purchase a 49% stake in Li-ion Battery Renewable Technologies (LIBRT), a Vancouver-based company.
The agreement outlines the supply of 4,000 tonnes per annum (tpa) of V2O5 flake for an initial five years, with another five-year extension option.
With 527 mining claims, the project is situated in a region known for high-grade uranium deposits.
The business review could potentially impact 3,107 employees and 915 contractors.
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GlobalData's latest report provides a complete view of the silver reserves globally, with a breakdown of key silver mining countries and the prevailing silver prices in those countries. Per our analysis, industrial demand for silver is expected to increase in 2024 due to rising investment in PVs, power grids, and 5G networks. Additionally, silver jewelry demand in the same year will rise owing primarily to an increase in demand from India.
GlobalData's latest report provides a complete view of the silver reserves globally, with a breakdown of key silver mining countries and the prevailing silver prices in those countries. Per our analysis, industrial demand for silver is expected to increase in 2024 due to rising investment in PVs, power grids, and 5G networks. Additionally, silver jewelry demand in the same year will rise owing primarily to an increase in demand from India.
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