EV Resources is selling its La Cienega copper project in Arizona to Magnum Mining, retaining a 2% NSR royalty. The move allows EV to focus on antimony and copper projects in Peru and Mexico, amidst rising prices for critical minerals like antimony. With plans to advance its Los Lirios antimony mine in Mexico and Coyote Creek project in Utah, EV aims to capitalize on the strong demand for critical minerals and unlock short-term revenue while building long-term value.
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Postage price bump gets watchdog’s stamp of approval
The Australian Competition and Consumer Commission has approved a 13.3% increase in stamp prices for ordinary small letters, raising the cost from $1.50 to $1.70, with a final decision pending from Communications Minister Anika Wells. This increase, set to take effect on July 17, is a response to declining letter volumes, although Australia Post continues to thrive in online shopping and parcel delivery. Need More Context? 🔎
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