Vancouver, Kelowna, Delta, BC – June 29, 2023 (Investorideas.com Newswire) Investorideas.com, a global investor news source covering mining and metals stocks releases today’s edition of Exploring Mining Podcast, featuring stock news from TSX, TSXV, CSE, ASX, NASDAQ, NYSE companies plus interviews with CEO’s and leading experts.
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Exploring Mining Podcast – News from Mining Stocks (NYSE: OR) (NYSEAmerican: TGB) (TSX: STGO) (TSXV: NGC) (TSXV: MHUB)
Osisko Gold Royalties Ltd. (NYSE:OR) has completed an amendment to its 75 percent silver stream with respect to the Gibraltar copper mine in British Columbia, Canada. The mine is operated by a wholly-owned subsidiary of Taseko Mines Limited (NYSEAmerican:TGB). This amendment, according to the press release, will increase Osisko’s effective stream percentage by 12.5 percent to 87.5 percent. Sandeep Singh, President and CEO of Osisko, commented:
“We are pleased to increase our silver exposure on the long-life Gibraltar mine and enhance our partnership with Taseko. Our shareholders will benefit from the increased silver stream, coupled with the approximately one-and-a-half million additional ounces of silver to be delivered to Osisko due to the extended threshold.”
“We warmly welcome Anacortes shareholders as they become part of Steppe. The strategic location of the high grade Tres Cruces deposit, coupled with its excellent infrastructure, proximity to other mining operations and logistics, and the presence of a strong labor force, instills us with confidence in the project’s potential.
“We are keen to move the Tres Cruces project forward, and we are focused on providing significant benefits for all stakeholders, with a particular focus on the communities in the region.”
Northern Graphite Corporation (TSXV:NGC) has signed a letter of intent with the city of Baie-Comeau in Quebec, Canada to purchase land for a 200,000 tonne per year Battery Anode Material (BAM) plant in a move to advance its plans to supply anode material to lithium-ion battery manufacturing plants throughout North America. The company’s CEO, Hugues Jacquemin, said:
“This is a big step forward in our strategy to be an integrated, sustainable, cost-effective mine-to-market supplier to the booming EV battery manufacturing market and a key player in North America’s critical minerals strategy. From here everything flows. We now know where the facility will be located, how much power it will require and where the power needs to go and can proceed with all the design and logistical work required to begin construction.”
Minehub Technologies Inc. (TSXV:MHUB) has reported record revenue of $341,636 for the first quarter of this year. The company’s revenue growth was largely attributed to the addition of SaaS revenue from Waybridge Technologies Inc. customers, following its acquisition of the latter. Arnoud Star Busmann, CEO at MineHub, said:
“Q1 was a transformational quarter for MineHub in which we completed the combination of MineHub and Waybridge to create the leading global digital platform for commodity supply chains. This highly accretive transaction immediately increased our user base to more than 100 companies and has had a positive impact on the Company’s revenue, which is evident in the first quarter financial results.”
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