#ExploringMining #Podcast
222 – (TSXV: $OTGO.V) (TSXV: $FOR.V) (NYSE: $RIO) (NYSE: $NEM) (TSXV: $GBML.V)
Point Roberts WA, Delta BC, November 16,
2021 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. Today’s podcast was sponsored by O2Gold Inc.
(TSXV:OTGO) , a mineral
exploration company with activities in Colombia.
Listen to the
podcast:
https://www.investorideas.com/Audio/Podcasts/2021/111621-Mining.mp3
Read this in full
https://www.investorideas.com/news/2021/exploring-mining/11161OTGO-FOR-RIO-NEM-GMBL.asp
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Fortune Bay Corp. (TSXV:FOR) (Frankfurt:5QN) has announced that it intends to increase its
previously-announced non-brokered private placement to aggregate gross proceeds
of approximately $6,860,000. The company intends to issue 4,669,231 units and
4,972,338 flow through shares. According to the press release, Fortune Bay
“intends to use the proceeds of the Offering to fund exploration and project
development at [its] Saskatchewan projects, and for general operating costs.”
Rio Tinto Group (NYSE:RIO) is investing in a European-based battery
technology and manufacturing company Inobat Auto. This will support the
completion of the latter’s research and development centre and pilot battery
line in Voderady, Slovakia. Marnie Finlayson, the managing director of Rio
Tinto’s battery materials business, explained:
"Our
Jadar lithium project in Serbia is on the doorstep of the European electric
vehicle market. Capable of producing enough lithium to make around one million
electric vehicle batteries a year to the highest environmental standards, we
believe Jadar will be a critical supplier of the European battery ecosystem
and, through our investment in InoBat, we hope that we can assist in making
some of those batteries locally."
Newmont Corporation (NYSE:NEM) has been named co-leader of the mining and metals
sector of the Dow Jones Sustainability World Index (DJSI World), which
represents the top 10 percent of the largest 2,500 companies in the S&P
Global Broad Market Index. Tom Palmer, President and CEO of Newmont, commented:
“At
Newmont, our commitment to ESG is woven into the fabric of our company and
fundamental to the way in which we operate. Our workforce is our most valued
asset, and every day they challenge themselves to improve and deliver on our
purpose, to create value through sustainable and responsible mining. We are
pleased to continue our DJSI World membership, and to have tied as mining and
metals sector leader in the CSA. We recognize that being a leader in ESG
requires us to constantly learn and evolve; we are committed to rising to that
challenge."
Global Battery Metals Ltd. (TSXV:GBML) has entered into an option agreement with Kevin
Keats and Allan Keats to acquire up to a 100 percent interest in the Lapoile
Lithium Project in Newfoundland, Canada. The property comprises 320 claims
encompassing 8,000 hectares in southwestern Newfoundland. The company’s
President and CEO, Michael Murphy, said:
"We
are excited to add the Lapoile Lithium Project to our growing battery metals
portfolio. This is now our second lithium property acquisition option, to go
along with the acquired Lithium King property. We look forward to continuing to
add prospective projects as we create shareholder value by participating in the
battery revolution."
Exploring Mining Podcast Sponsor
O2Gold Inc. (TSXV:OTGO) is a mineral exploration company with activities in Colombia. O2 Gold is focused entirely on the exploration of the Otú Fault project, with senior management based in nearby Medellín. The team’s deep roots and experience in Latin America—in both capital markets and mining—gives it the regional knowledge and operational expertise to create a world-class project.
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