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Stock impact report

Lion Selection Group to pick 4% stake in Antipa Minerals [Yahoo! Finance]

Newmont Corporation (NEM) 
Last newmont corporation earnings: 2/20 06:55 am Check Earnings Report
Company Research Source: Yahoo! Finance
Post-fundraising, Lion will have a stake of around 4% in Antipa. The funds are earmarked for advancing Antipa's drilling programme at the Minyari Dome Gold-Copper Project in Western Australia's (WA) Paterson province, known for significant gold-copper discoveries. Antipa Minerals, with its substantial gold resources and successful joint ventures, is a prominent player in the Paterson province of WA. The region is renowned for hosting Newmont's Telfer mine and recent significant discoveries such as Rio Tinto's Winu and Newmont-Greatland Gold's Havieron. Antipa's exploration efforts have led to the discovery of several major deposits including the Minyari Dome Gold-Copper Project. This project has gold resources of 1.8 million ounces (moz) at 1.6 grams per tonne, which a scoping study from August 2022 suggested has the potential for a considerable initial development with further prospects. The capital raised will finance Antipa's drilling programme for the current year, ai Show less Read more
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