Black Cat secures $38.5m to fund Australian gold projects
The funding from Mingjin and Mingqing is pending approval from Australian regulatory authorities.
27 September 2023
27 September 2023
The funding from Mingjin and Mingqing is pending approval from Australian regulatory authorities.
The proposed hub is expected to have an annual hot briquetted iron production capacity of around 2.5 million tonnes.
Gerald Metals will receive 45,000 tonnes of rare earths concentrate from the Kangankunde Stage 1 project.
Located in the Northwest Territories in Canada, the three lithium projects occupy a total area of 500km² and 50,000 hectares of land.
Glencore now owns a 100% stake in the MARA copper project in Argentina’s Catamarca province.
The venture is focused on using AI to find metals such as cobalt and nickel for use in electric vehicle batteries.
Storm will incur exploration expenditures of up to $3.5m at the property over three years.
As per the agreement, Osisko will pay an upfront free of $1m in cash within one working day.
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