Resources Rising Stars’ Post

𝐀 𝐥𝐨𝐨𝐤 𝐚𝐭 𝐨𝐮𝐫 𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐩𝐥𝐚𝐧𝐬 𝐟𝐫𝐨𝐦 𝐡𝐞𝐫𝐞... Dear Reader, It was excellent to announce our return to trading last week. I’d like to thank all of our investors again for their patience through what was a frustrating period.   With so much work taking place both on the field and in the office over the last few months… and with Marc now in Ontario overseeing ongoing exploration efforts and hosting site visits across our project portfolio…   I’m feeling particularly confident in First Class Metals’ outlook from here.   𝐎𝐧𝐠𝐨𝐢𝐧𝐠 𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥𝐢𝐬𝐚𝐭𝐢𝐨𝐧  We’ve taken significant steps forward on the corporate front over the past month or so. Most notably, we announced the sale of our McKellar and Enable assets to Seventy Ninth Resources for £270,000 in cash and £230,000 of funding.   The sale provides real validation for FCM’s incubator strategy – the core of how we generate value for our investors.   We use our expertise to identify promising early-stage exploration assets before deploying our first-class teams on the ground to advance them up the value curve. Then we generate profit by commercialising them – be it through an outright sale or a JV or partial divestment.   Now our first deal is complete, we’ll build on this momentum through the commercialisation of more of our assets moving forward.   This might sound ambitious for an exploration company. But the pieces are already in place. For the full article please follow the link- https://lnkd.in/eGmP4ncu

Cobus Loots, CEO of Pan African Resources PLC - the dual listed African-centric, mid-tier gold producer, discusses how he intends to ramp production 20-30% this financial year whilst maintaining sector-leading shareholder returns. Watch the full interview ▶️ https://lnkd.in/eMXus4kU Cobus also discusses plans to expand the portfolio, funded from cashflow from the current flagship tailings retreatment plant Elikhulu at the long-established Evander Mines, which despite being mined since the 1950’s, still remains one of the World's largest unexploited gold ore discoveries. “The great thing for us is that we have a strong balance sheet and that's obviously despite the fact that we are commissioning and building these really large projects and we are paying a sector-leading dividend to our shareholders and have done so for many years. "Given the current gold price, I think it's fair to say that we're generating more cash than what we had expected or anticipated." commented Cobus Loots, CEO. In this interview with focusIR, investors will also learn: - Why South Africa is (currently) providing the best value accretion for shareholders - How the Company will achieve 20-30% growth this financial year - How the Company can extend the life of mine (Evander) beyond 2038 - How positive cashflow will fund the growth projects - How the Company intends to maintain its sector-leading dividend yield - Why the Company would consider a share buyback to complement its progressive dividend policy - How Pan African keeps the community at the heart of the corporate strategy - What Cobus thinks about the current gold price Cobus Loots, CEO of Pan African Resources, was interviewed by Sarah Lowther for focusIR. #paf #mining #gold #southafrica #investing

Gemfields Announces Board Reshuffle with New Chair and Directors These appointments follow an extensive search for a new Chair and Non-Executive Directors, aimed at enhancing board independence and expertise Appointment of Bruce Cleaver as Chair and Independent Non-Executive Director Bruce Cleaver will join Gemfields’ Board as Chair and Independent Non-Executive Director on 1 July 2024, also assuming the role of Chair of the Nomination Committee. Renowned for his leadership in the gemstone industry, Cleaver brings a wealth of experience from his tenure as Chief Executive Officer and Co-Chair of De Beers Group, the leading diamond company globally. Outgoing Chair Martin Tolcher commented, "After 15 years on Gemfields’ Board and nearly 5 years as Chair, I believe it's the right time to step away to enhance Board independence. Bruce Cleaver is an outstanding successor, and I am confident that Gemfields will thrive under his guidance." Cleaver expressed his gratitude and enthusiasm, stating, "I want to thank Martin for his significant contributions to Gemfields. The company has evolved remarkably, becoming a leader in the coloured gemstone market. I am excited to join the Board and work with the team to drive Gemfields' next phase of growth, including the new processing plant at MRM, which will triple our throughput capacity by mid-2025." Appointment of Simon Scott as Independent Non-Executive Director Simon Scott will join the Board as an Independent Non-Executive Director on 1 July 2024. He will serve on the Audit and Nomination Committees and Chair the Risk Council. Scott's illustrious career includes roles as Chief Financial Officer of Lonmin plc and Non-Executive Director of First Quantum Minerals Ltd and Sylvania Platinum Ltd. Appointment of Kieran Daly as Non-Executive Director Kieran Daly will also join the Board as a Non-Executive Director on 1 July 2024. Currently an alternate director to Patrick Sacco, Daly is Managing Director of Assore International Holdings and Executive: Growth & Strategic Development at Assore Holdings. His extensive mining experience spans various geographies and commodities. Resignations of Martin Tolcher, Lumkile Mondi, and Carel Malan In line with the 2023 Notice of AGM, Martin Tolcher, Chair, and Lumkile Mondi, Lead Independent Non-Executive Director, will resign from the Board effective 1 July 2024, ensuring a smooth transition. Carel Malan will also step down to focus on his role at Ore & Metal Company Ltd, a subsidiary of Assore Holdings. The contributions of Martin, Lumkile, and Carel will be formally acknowledged at the AGM on 25 June 2024. Other Board Changes Kwape Mmela, currently an Independent Non-Executive Director and Chair of the Remuneration Committee, will become the Lead Independent Non-Executive Director and join the Audit Committee from 1 July 2024.

Silver exploration companies are getting funded as the Silver price is moving up quickly. This means there is a huge potential for silver deposit discoveries from the drilling. We are just at the beginning of a silver bull market, and the fun is just starting. Check out the presentation from Silver North Resources to learn more about our exploration efforts. TSXV:SNAG #silver #exploration #bitcoin #silversqueeze #geology #fiatcurrency #marketing #entrepreneurship #technology #greentech #business

The very foundation of our industry hangs in the accurate estimation of resources and reserves. Nestled in the project evaluations are social assumptions of the talent availability/relationships to give license to explore, develop and mine the assets.  Ensuring global alignment is key in determining value for proper project comparisons. Congratulations to Garth Kirkham and teams for curating this opportunity for global collaboration.  #mining #inclusion #socialresponsibility #esg 

Gold zone is in a simple quarry target setting, just remove the top soil

Platina Managing Director, Corey Nolan presented in the Mines and Money 5@5 webinar series. Follow the link below to watch the presentation followed by questions from the panel of qualified investors. Watch the presentation here https://lnkd.in/ePQyGqzy

Missed this week's US Macroeconomic & M&A activity and need a primer? 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: 🔔 Gold prices have surged to new record highs. 📈 Consumer prices rose 3.2% in February YoY. 📱 Reddit plans to go public at a $6.4B valuation. 🏛️ The U.S. House passed a bill overwhelmingly to ban TikTok. 𝗞𝗲𝘆 𝗠&𝗔 𝗗𝗲𝗮𝗹𝘀: • US natural gas producer EQT agreed to buy back former unit Equitrans Midstream for ~$5.5B in stock.    • Apollo Global Management reached out to $8B media giant Paramount Global regarding a possible takeover or asset purchase.    • Hilton announced its acquisition of Graduate Hotels for $210 million from Adventurous Journeys Capital Partners, marking its first brand purchase in over twenty years.    • Campbell Soup completed its $2.3B acquisition of Rao's Homemade-owner Sovos.    • Aluminum producer Alcoa agreed to acquire Alumina in a deal that values the Australian company’s equity at $2.2B.    • PE firm Astorg is considering a sale of US-based IP software firm Anaqua, which could be worth up to $3B.    • PE firm Advent International is weighing a sale of CAES that could value the aerospace and defense technology company at over $1B.      Want to read more: https://lnkd.in/d_f6vnkT #mxa #mergersacquisitionsdivestitures #mergersandacquisitions #economynews

Whether you have today off or must labor in the proverbial mines, investing some time now in what you want your labor to lead to, will direct you towards not just achieving more of what you desire, but more importantly NOT contributing (as much) to a system that doesn't support your values, concerns, or needs. Allow me to share a new set of First Principles for one fo my ventures. https://lnkd.in/gZMYR283

📢 Missed the Presentation? Catch Up Now! 📢 The recording of Lewis Black, CEO of Almonty Industries Inc., from the 12th International Investment Forum (IIF) is now available! If you were unable to attend the live session, this is your chance to get up to date on the latest developments and insights from Almonty. 🎥 Watch the full presentation here: https://lnkd.in/eZQFMueD Stay informed and discover more about Almonty’s exciting journey. #AlmontyIndustries #IIF2024 #InvestmentOpportunities #MiningIndustry #InvestorUpdates #OnDemandContent #CatchUpNow #Tungsten