Globe approaches liftoff for strategic niobium mine in Malawi
African-focused resources company Global Metals & Mining (ASX: GBE) commenced 2024 by announcing the results from an ‘optimisation study’ gauging the merits of bringing its Kanyika niobium project in Malawi to production. It did not disappoint. The company’s efforts to secure funding for what could become the first globally significant niobium mine in half a […]
G50 launches high grade gallium and gold hunt in Arizona
Mineral exploration business G50 Corp (ASX: G50) has unleashed the drill rig for a Phase 2 reverse circulation drilling campaign to follow up on the group’s high-grade gallium, gold, and silver discoveries at its Golconda project in the US state of Arizona. The new program builds on the company’s 2023 exploration works which intercepted multiple […]
Global Uranium snaps up transformational US uranium project
Global Uranium and Enrichment (ASX: GUE) has teamed up with Nasdaq-listed Snow Lake Energy to acquire the Pine Ridge uranium project in Wyoming’s heralded Powder River Basin. The “transformational” US$22.5 million deal will see the duo advance the project as part of a 50-50 strategic joint venture (JV) agreement. Snow Lake will also become a […]
Victory unveils outstanding results from rare earths scoping study
Mineral exploration business Victory Metals (ASX: VTM) has revealed “outstanding” results from a scoping study gauging the merits of bringing to production the company’s North Stanmore rare earths project in the ‘Tier 1’ mining jurisdiction of Western Australia. Management noted that North Stanmore represents one of the largest heavy rare earth and scandium clay projects […]
Proteomics delivers boost for diagnostic kidney test
Medical diagnostics business Proteomics International (ASX: PIQ) has reported the publication of a “landmark” study showing that its PromarkerD test used to predict future kidney function decline in patients with type 2 diabetes significantly outperforms current standard-of-care tests. Management noted that the outcomes bring to light the potential for PromarkerD to revolutionise diabetic kidney disease […]
Meeka unearths new high grade gold zone as production nears
Emerging gold miner Meeka Metals (ASX: MEK) has revealed a new shallow and high grade gold zone at its Murchison gold project in Western Australia, which the company says could drive a broadened open pit mining operation with corresponding improvement in economics. More specifically, this new zone of gold lies to the west of the […]
Forbidden Foods builds momentum with record Costco order
Health food and beverage business Forbidden Foods (ASX: FFF) has clinched its largest purchase order from major retailer Costco Australia for the company’s Blue Dinosaur snack products. Valued at $133,000, the agreement marks the third order from Costco since early last year from an ongoing distribution partnership with the multinational retailer. Strong product demand Management […]
James Bay unveils 1.37 million ounce gold resource in Nevada
Gold explorer James Bay Minerals (ASX: JBY) has joined the one million ounce club after unveiling a maiden 1.37 million ounce JORC compliant mineral resource estimate (MRE) for its Independence gold project in Nevada, including a high-grade skarn component of about 984,000 ounces at 6.67 grams per tonne gold. Further upside potential Management noted that […]
Brightstar strikes WA gold with maiden drilling at Sandstone
Emerging gold producer Brightstar Resources (ASX: BTR) has delivered a series of significant gold hits from its maiden drilling campaign at the Lord Nelson deposit, located within the company’s 1.5 million ounce Sandstone gold project in Western Australia. The 3,700 metre drilling campaign was designed to target depth extensions and better define the existing 291,000 […]
NZ King Salmon inks key government funding partnership
Aquaculture business New Zealand King Salmon (ASX: NZK) has inked a five year funding partnership with the New Zealand government in the duo’s efforts to drive the future of the salmon farming industry in the country. The collaboration seeks to pilot the technologies that will provide a blueprint for substantive and sustainable salmon farming growth […]