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Stock impact report

CRI Enters Into Binding LOI to Acquire Black Raven Past-Producer Antimony-Gold Property, NL [Yahoo! Finance]

Newmont Corporation (NEM) 
Last newmont corporation earnings: 2/20 06:55 am Check Earnings Report
Company Research Source: Yahoo! Finance
of intent dated April 14, 2025 (the “ LOI ”) to acquire a 100% undivided interest in the Black Raven Antimony Property, located approximately 60 km northwest of Gander, Newfoundland and Labrador, from property owners Eddie and Roland Quinlan. The property encloses two small-scale past producing mines which operated between 1890 and 1918 exploiting stibnite, gold and arsenopyrite. These past producers and two related occurrences constitute gold, antimony, silver +/- copper, zinc and lead targets in veins and stockworks. The historical mines and other occurrences are located within close proximity to each other, in a larger-scale geological environment containing intense veining and alteration associated with felsic intrusions within a mafic volcanic domain. Antimony is a critical element for the energy, transportation, and military industries with China, Russia, Tajikstan, and Burma generating over 90% of world production. Since China's recent export ban (September 15, 2024), the pri Show less Read more
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