5E Advanced Materials Chooses Fluor as EPC Provider
5E Advanced Materials, Inc. announced that it selected Fluor Corporation as its engineering, procurement and construction services provider. Fluor will be leading 5E’s FEL-2 and the upgrade of its current S-K 1300 technical document into a Pre-feasibility Study upon completion.
CEO of 5E Advanced Materials, Susan Brennan, expressed her enthusiasm for engaging a world-class EPC firm like Fluor and how their extensive track record will prove invaluable as 5E advances into the next phase of project development.
Following successful recapitalization and the commencement of mining operations, Brennan believes the relationship with Fluor will further the company’s vision of building a large-scale Boron and Lithium operations.
GoldMining Inc. Completes Sale to NevGold Corporation
GoldMining Inc. completed the sale of Nutmeg Mountain to NevGold Corporation for 10 million shares, valued at $3 million. Originally acquired in 2020 for $1.15 million, the total consideration for the project was $9 million.
Now holding $132 million of equity holdings in NevGold, U.S. GoldMining Inc., and Gold Royalty Corp., GoldMining retains a 29.4% stake in NevGold, making it the largest shareholder. CEO of GoldMining Inc., Alastair Still, highlights the benefits of the transaction and the future upside from the Project through success-based contingent payments of up to $7.5 million on NevGold reaching certain milestones.
Bragar Eagel & Squire, P.C. Investigative Claims Against Ramaco Resources
The shareholder rights law firm Bragar Eagel & Squire, P.C. is urging investors to contact the firm as it investigates claims against Ramaco Resources, Inc. to determine whether they violated federal securities laws.
Olympic Steel Inc. Promotes Anthony G. Dominic to VP of Safety
The national metals service center Olympic Steel Inc. promoted Anthony G. Dominic to vice president of Safety, Health, and Environment. In this role, Dominic will lead Olympic Steel’s safety programs and teams across all locations.
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