Cleveland-Cliffs Inc. and Stelco Holdings Inc. have agreed to merge in a cash and stock combination. Each share of Stelco Holdings will be exchanged for 0.454 new Cleveland-Cliffs shares and $60.00 CAD cash. The transaction has received shareholder and regulatory approvals and is expected to close on November 1, 2024, subject to customary closing conditions. Stelco Holdings shares are expected to delist shortly after closing of the transaction. As a result, Stelco Holdings's shares will be removed from the S&P/TSX Composite Index prior to the open of trading on November 5, 2024. For more information about S&P Dow Jones Indices, please visit www.spdji.com ABOUT S&P DOW JONES INDICES S&P Dow Jones Indices is the largest global resource for essential index-based c...

Aurania Resources Ltd. announces the grant of an aggregate of 415,000 stock options to certain officers and consultants of the Company pursuant to the terms and subject to the conditions of the Company's Stock Option Plan. The Options have an exercise price of C$0.70. 200,000 Options were granted to an officer of the Company and are exercisable for five years from the date of grant and are subject to customary vesting conditions. About Aurania Aurania is a mineral exploration company engaged in the identification, evaluation, acquisition, and exploration of mineral property interests, with a focus on precious metals and copper in South America. Its flagship asset, The Lost Cities - Cutucu Project, is located in the Jurassic Metallogenic Belt in the eastern foothills of the An...

Sherritt International Corporation , a world leader in using hydrometallurgical processes to mine and refine nickel and cobalt - metals deemed critical for the energy transition - today reported its financial results for the three and nine months ended September 30, 2024. All amounts are in Canadian dollars unless otherwise noted. Leon Binedell, President and CEO of Sherritt commented, "Our Metals division has achieved remarkable progress, with finished nickel production reaching its highest quarterly level in two years. We have successfully reduced our net direct cash costs to US$5.16 per pound, demonstrating a significant year-over-year improvement even with materially lower cobalt by-product prices. Our Power division has also excelled, recording the highest quarterly elect...

Fairchild Gold Corp. announces the second tranche closing of its non-brokered private placement for gross proceeds of $105,000 . In connection with the closing of the Offering, the Company issued 1,750,000 units at a price of $0.06 per Unit with each Unit comprising one common share in the capital of the Company and one common share purchase warrant , whereby each whole Warrant shall be convertible into an additional Common Share at an exercise price of $0.15 for a period of sixty months from the date of issuance. The Warrants include an acceleration clause to the effect that if the daily volume weighted average closing price of the common shares on the TSX Venture Exchange is at least $0.50 per Common Share for a period of five consecutive trading days, 12 months after the c...

Galleon Gold Corp. reports that under the terms of the convertible debentures issued on April 12, 2024, April 19, 2024 and April 29, 2024 it has elected to satisfy its obligation to pay interest accrued by issuing common shares . Under the terms of the Convertible Debentures, no fractional Common Shares will be delivered upon payment of the interest obligation. The Common Shares will be priced based on the greater of the Market Price and the 15-day volume weighted average closing price of the Common Shares on the TSXV. The issuance of Common Shares in payment of interest remains subject to the approval of the TSX Venture Exchange . The Common Shares to be issued in respect of the Interest Payment will be subject to a hold period of four months from the date of issuance. Conve...

Silver X Mining Corp. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. to act as sole agent and sole bookrunner in connection with a "best-efforts" private placement to sell up to 16,666,667 units of the Company at a price of C$0.30 per Unit for gross proceeds of up to C$5,000,000 . Each Unit will consist of one common share of the Company and one half of one Common Share purchase warrant . Each whole Warrant shall entitle the holder to purchase one Common Share at a price of C$0.42 at any time on or before that date which is 24 months after the closing date of the Offering. The Company has granted to the Agent an option, exercisable up to 48 hours prior to the closing date of the Offering, to sell up to an additional 3,333,333 Units...

Stock Symbol: AEM Agnico Eagle Mines Limited today reported financial and operating results for the third quarter of 2024. "We are excited to report record financial results for a fourth consecutive quarter. Our focus on operational performance, cost control and capital discipline has allowed us to deliver the leverage to record gold prices to our shareholders. This quarter we repaid $375 million of debt, increased our cash position and continued to provide strong returns to shareholders," said Ammar Al-Joundi, Agnico Eagle's President and Chief Executive Officer. "We remain focused on realizing the full potential of our assets through continuous improvement and by advancing our pipeline of projects and supplemental exploration program. Strong drill results this quarter continue...

Stock Symbol: AEM Agnico Eagle Mines Limited today reported financial and operating results for the third quarter of 2024. "We are excited to report record financial results for a fourth consecutive quarter. Our focus on operational performance, cost control and capital discipline has allowed us to deliver the leverage to record gold prices to our shareholders. This quarter we repaid $375 million of debt, increased our cash position and continued to provide strong returns to shareholders," said Ammar Al-Joundi, Agnico Eagle's President and Chief Executive Officer. "We remain focused on realizing the full potential of our assets through continuous improvement and by advancing our pipeline of projects and supplemental exploration program. Strong drill results this quarter continue...

Lucara Diamond Corp. announces that it will be publishing its Third Quarter 2024 Results on Wednesday, November 13, 2024, after market close in North America. View PDF On behalf of the Board, William Lamb President and Chief Executive Officer Follow Lucara Diamond on Facebook, Instagram and LinkedIn ABOUT LUCARA Lucara is a leading independent producer of large exceptional quality Type IIa diamonds from its 100% owned Karowe Diamond Mine in Botswana. The Karowe Mine has been in production since 2012 and is the focus of the Company's operations and development activities. Lucara has an experienced board and management team with extensive diamond development and operations expertise. Lucara and its subsidiaries operate transparently and in accordance with international best pr...

VANCOUVER, BC, Oct. 30, 2024 /CNW/ - Trading resumes in: Company: First Nordic Metals Corp. TSX-Venture Symbol: FNM All Issues: Yes Resumption : 8:00 AM 10/31/2024 CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization - Halts/Resumptions Contact For further information about CIRO's trading halt policy, please see Trading Halts & Timely Disclosure at www.ciro.ca under the Markets tab. Please note that CIRO staff cannot provide any information about a spe...

Not for distribution to United States newswire services or for dissemination in the United States. Grande Portage Resources Ltd. is pleased to announce a non-brokered private placement of up to 10,000,000 units at a price of C$0.30 per Unit for aggregate gross proceeds of up to C$3,000,000 . The Offering is being carried out pursuant to Part 5A of National Instrument 45-106 - Prospectus Exemptions to purchasers resident in Canada, and in jurisdictions outside of Canada in compliance with the applicable securities laws of those jurisdictions. The Company has an offering document related to the Offering that can be accessed under Grande Portage's profile at www.sedarplus.ca and on the Company's website at https://grandeportage.com. Prospective investors should read the Offering...

Consolidated Q3 2024 Highlights: Operating profit of $19.7 million compared with Q3 2023 $6.3 million operating loss Q3 2024 includes $13.6 million of business interruption insurance income Net income of $15.6 million versus Q3 2023 net loss of $3.8 million NACCO Industries® today announced the following consolidated results for the three months ended September 30, 2024. Comparisons in this news release are to the three months ended September 30, 2023, unless otherwise noted. Three Months Ended Nine Months Ended 9/30/2024 9/30/2023 $ Change 9/30/2024 9/30/2023 $ Change Operating Profit $19,699 $ $25,966 $31,822 $ $34,525 Income before taxes $19,132 $ $24,982 $30,933 $1,775 $29,158 Net Income $15,635 $ $19,467 $26,177 $4,380 $21,797 Diluted Earnings /share $2.14 $ $2.65 $3.54 $0.58 $2.96 EB...

VANCOUVER, BC, Oct. 30, 2024 /CNW/ - The following issues have been halted by CIRO Company: Reyna Gold Corp. TSX-Venture Symbol: REYG All Issues: Yes Reason: Pending News Halt Time : 4:18 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization - Halts/Resumptions Contact For further information about CIRO's trading halt policy, please see Trading Halts & Timely Disclosure at www.iiroc.ca under the Markets tab. Please note that CIRO staff cannot provide...