Latest news with #CriticalMinerals
The Australian
2 days ago
- Business
- The Australian
Long Shortz: Brazilian Critical Minerals
Tylah Tully chats with Brazilian Critical Minerals (ASX:BCM) managing director Andrew Reid following promising ISR field trial results at the Ema project, a key step toward commercialisation and de-risking. The results confirm strong percolation with minimal solution loss, reinforcing the viability of ISR as a low-impact rare earth extraction method. With the company's latest $4 million oversubscribed placement, BCM is well placed to advance the Ema project through to its Bankable Feasibility Study. Watch the video to learn more. This video was developed in collaboration with Brazilian Critical Minerals, a Stockhead advertiser at the time of publishing. The interviews and discussions in this video are opinions only and not financial or investment advice. Viewers should obtain independent advice based on their own circumstances before making any financial decisions.
Washington Post
6 days ago
- Business
- Washington Post
Congo and Rwanda to sign US-mediated peace deal to end conflict in eastern Congo
DAKAR, Senegal — The Democratic Republic of Congo and Rwanda are set to sign a peace deal facilitated by the U.S. to help end the decadeslong deadly fighting in eastern Congo. The deal, to be signed in Washington Friday, would also help the U.S. government and American companies gain access to critical minerals in the conflict-battered, mineral-rich region.
National Post
24-06-2025
- Business
- National Post
Driving a Smarter Critical Minerals Future: from Creative Destruction Lab Alumni to Partner, GeologicAI Partners with CDL Minerals
Article content TORONTO — As announced today at CDL Super Session 2025, GeologicAI, the leader in High Resolution Decision Engineering for the Global Critical Minerals Industry, has joined the CDL Minerals program as its newest partner. This marks a profound milestone for Creative Destruction Lab: a venture that entered the CDL Rockies Energy Stream in 2018/19 now returns as a partner to help shape the next generation of mineral innovation. Article content Since graduating from the CDL program, GeologicAI has deepened and expanded its offering to serve six of the world's top ten mining enterprises. These and other critical minerals leaders rely on GeologicAI technology to make better resource decisions faster. Their unique system uses a combination of advanced sensors to capture and enhance critical core data immediately onsite. Together with their purpose-built, industry-expert AI models and tools they are helping the world's mining leaders significantly increase yields, reduce emissions and exponentially lower the uncertainty of new critical mineral exploration. Article content 'At GeologicAI we are passionate about driving a sustainable future for Critical Minerals. We are truly grateful to the powerful role CDL and its incredible mentors played in our trajectory,' said Grant Sanden, CEO of GeologicAI. 'We are honored to play our small part in supporting CDL as it expands this unique value in the area we care most about.' GeologicAI joins an esteemed group of CDL Minerals partners including Vale, BHP, Seequent, and Fasken. Together, these organizations are supporting CDL Minerals' mission to advance technologies for exploration, processing, and decarbonization. Article content 'GeologicAI's return as a partner highlights the strength of the Energy Stream's alumni and the lasting impact of CDL mentorship. We're excited to see their continued success translate into deeper engagement within the CDL network,' shares Heather Marshall, Site Lead of CDL-Rockies. Article content Launched at CDL-Vancouver (Sauder School of Business, University of British Columbia) in 2023, CDL Minerals brings together scientists, founders, and world-class mentors to accelerate the commercialization of transformative solutions in the mineral sector. This year's graduating ventures include companies such as Eion (carbon-negative mining inputs), Geoproc (real-time rock mass characterization), and TerraBase (permitting intelligence platform), demonstrating the breadth of innovation across the stream. Article content Applications for the next CDL Minerals cohort are now open. Founders working on transformative technologies in mining and resource innovation are encouraged to apply at Article content Creative Destruction Lab (CDL) is a nonprofit organization that delivers an objectives-based program for massively scalable, seed-stage, science- and technology-based companies. Its nine-month program allows founders to learn from experienced entrepreneurs, increasing their likelihood of success. Founded by Professor Ajay Agrawal in 2012 at the University of Toronto's Rotman School of Management, the program has expanded and now has 13 sites across seven countries: Toronto, Vancouver, Calgary, Montreal, Halifax, Paris, Madison, Seattle, Estonia, Berlin, Melbourne, College Station, and Milan. Learn more at Article content GeologicAI is the leader in bringing High Resolution Decision Engineering to the Global Critical Minerals Industry. Its unique, proven core scanning technology captures dramatically enhanced, critical data at the source – saving valuable time and expense. Combining this rich data set with advanced, purpose-built AI models and tools guided by deep domain expertise provides a clear path for the Critical Minerals Industry to harness and exploit powerful data driven insights. GeologicAI's unique combination of proven, practical, and powerful technologies is helping the world's leaders in mining and discovery make dramatically better resource, operations, and investment decisions, faster. Learn more at Article content Article content Article content Article content Contacts Article content Article content
Yahoo
24-06-2025
- Business
- Yahoo
Appointment of Non-executive Director
Anchorage Alaska, June 24, 2025 (GLOBE NEWSWIRE) -- Nova Minerals Limited ('Nova' or the 'Company') (NASDAQ: NVA) (ASX: NVA) (FRA: QM3) ) is pleased to announce that Mr. Chaim (Dovi) Berger has been appointed as an Independent Non-Executive Director with effect from 1 July 2025. Mr. Berger is a U.S.-based finance and legal executive with over 10 years of experience structuring and closing complex transactions. He brings a cross-disciplinary background in corporate law, accounting, taxation, and M&A, coupled with hands-on operational experience in high-growth businesses. Mr. Berger has a proven track record in executing strategic acquisitions, ensuring regulatory compliance, and implementing enterprise-wide financial controls, while leading and mentoring cross-functional teams. He is an admitted attorney and Certified Public Accountant (CPA). Mr. Berger will be appointed to the Audit & Risk Committee and the Remuneration & Nomination Committee. About Nova Minerals Limited Nova Minerals Limited is a Gold, Antimony and Critical Minerals exploration and development company focused on advancing the Estelle Project, comprised of 514 km2 of State of Alaska mining claims, which contains multiple mining complexes across a 35 km long mineralized corridor of over 20 advanced Gold and Antimony prospects, including two already defined multi-million ounce resources, and several drill ready Antimony prospects with massive outcropping stibnite vein systems observed at surface. The 85% owned project is located 150 km northwest of Anchorage, Alaska, USA, in the prolific Tintina Gold Belt, a province which hosts a >220 million ounce (Moz) documented gold endowment and some of the world's largest gold mines and discoveries including, Barrick's Donlin Creek Gold Project and Kinross Gold Corporation's Fort Knox Gold Mine. The belt also hosts significant Antimony deposits and was a historical North American Antimony producer. Further discussion and analysis of the Estelle Project is available through the interactive Vrify 3D animations, presentations, and videos, all available on the Company's website. Forward Looking Statements This press release contains 'forward-looking statements' that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as 'anticipate,' 'believe,' 'contemplate,' 'could,' 'estimate,' 'expect,' 'intend,' 'seek,' 'may,' 'might,' 'plan,' 'potential,' 'predict,' 'project,' 'target,' 'aim,' 'should,' "will' 'would,' or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Nova Minerals Limited's current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions management believes to be reasonable at the time such statements are made, including but not limited to, continued exploration activities, Gold and other metal prices, the estimation of initial and sustaining capital requirements, the estimation of labour costs, the estimation of mineral reserves and resources, assumptions with respect to currency fluctuations, the timing and amount of future exploration and development expenditures, receipt of required regulatory approvals, the availability of necessary financing for the Project, the availability of funding sources, the availability of collaborative relationships, permitting and such other assumptions and factors as set out herein. Apparent inconsistencies in the figures shown in the MRE are due to rounding. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: risks related to changes in Gold prices; sources and cost of power and water for the Project; the estimation of initial capital requirements; the lack of historical operations; the estimation of labor costs; general global markets and economic conditions; risks associated with exploration of mineral deposits; the estimation of initial targeted mineral resource tonnage and grade for the Project; risks associated with uninsurable risks arising during the course of exploration; risks associated with currency fluctuations; environmental risks; competition faced in securing experienced personnel; access to adequate infrastructure to support exploration activities; risks associated with changes in the mining regulatory regime governing the Company and the Project; completion of the environmental assessment process; risks related to regulatory and permitting delays; risks related to potential conflicts of interest; the reliance on key personnel; financing, capitalization and liquidity risks including the risk that the financing necessary to fund continued exploration and development. These and other risks and uncertainties are described more fully in the section titled 'Risk Factors' in the Nova Minerals Limited's Annual Report on Form 20-F filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Nova Minerals Limited undertakes no duty to update such information except as required under applicable law. For Additional Information Please ContactCraig BentleyDirector of Finance & Compliance & Investor RelationsE: craig@ +61 414 714 196Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
17-06-2025
- Business
- Cision Canada
EDC supports Canada's critical minerals sector with $110 million financing for Torngat Metals Français
Financing will support pre-construction activities for the Strange Lake project OTTAWA, ON, June 17, 2025 /CNW/ - Today, Export Development Canada (EDC) is announcing a $110 million bridge financing to Torngat Metals to support the next phase of its Strange Lake rare earth project. Anticipated to be one of the largest heavy rare earth deposits outside of China, the Strange Lake Project could play an important role in strengthening Canada's mining supply chain, while also creating jobs and enhancing Canada's global competitiveness. Once in operation, the project will employ approximately 450 workers, with a focus on Indigenous recruitment from Quebec and Labrador, fostering economic reconciliation and community-driven development. As part of the project, Torngat Metals aims to develop an open-pit mine site and concentration plant in Nunavik, along with a single-lane access road linking the site to Labrador and a separation plant. EDC's financing will support pre-construction activities, including engineering and environmental studies. This marks the first time EDC has extended financing to an early-stage mining project, reflecting its commitment to support the responsible development of the critical minerals sector in Canada and to contribute to the Government of Canada's Critical Minerals Strategy. The Canada Infrastructure Bank (CIB) is committed to provide a $55 million enabling infrastructure loan which will help upsize EDC's bridge loan facility to further advance the next stage of the project. With complementary financing capabilities, CIB and EDC are well-equipped to attract private sector investment and drive the growth of Canada's critical minerals infrastructure. "This is a first-of-its-kind transaction for EDC, reflecting our commitment to taking strategic risk for sectors of strategic interest. The well-capitalized nature of the Strange Lake project allowed us to seize the opportunity to do something unprecedented—providing early-stage financing for critical mineral development," said Alison Nankivell, EDC's President and CEO. "Canada is in a nation-building moment and EDC is proud to support this project, which could have a transformative impact on Canada becoming a reliable and responsible source of rare earth minerals." "Canada has the potential to bring a significant amount of critical minerals into production, supporting electrification, decarbonization, and national security," said The Honourable Maninder Sidhu, Minister of International Trade. "EDC's financing reinforces the Government of Canada's commitment to enabling sustainable and strategic growth for Canada's critical mineral development. The Strange Lake Project supports Canada's long-term vision for a secure and sustainable critical minerals industry, which is essential to the global energy transition." "We are pleased to partner with EDC to advance the Strange Lake project, a milestone in Canada's rare earth development," said Yves Leduc, Chief Executive Officer of Torngat Metals. "EDC's financing will allow us to move forward with essential pre-construction activities, contributing to the establishment of a responsible rare earth supply chain in Canada, which is vital for the global energy transition." EDC has a long-standing history of supporting Canada's mining industry, helping businesses across the minerals and metals supply chain. This project has the potential to boost Canada's global competitiveness in the international rare earth market. About EDC Export Development Canada (EDC) is a financial Crown corporation dedicated to helping Canadian businesses make an impact at home and abroad. EDC has the financial products and knowledge Canadian companies need to confidently enter new markets, reduce financial risk and grow their business as they go from local to global. Together, EDC and Canadian companies are building a more prosperous, stronger and sustainable economy for all Canadians. For more information and to learn how we can help your company, call us at 1-800-229-0575 or visit
