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Asset Performance Management Market to Reach New Heights with a Strong Double-Digit CAGR by 2030

Cloud PR Wire
The global asset performance management (APM) market, having crossed an approximate revenue of US$2 billion in 2022, is poised for remarkable growth, with a robust double-digit Compound Annual Growth Rate (CAGR) projected by the end of 2030. A recent market analysis highlights the key drivers, trends, and opportunities shaping this dynamic industry. Industry 4.0 Revolutionizes Asset Performance Management Asset performance management encompasses the synergy of people, processes, and cutting-edge technologies to enhance the uptime, revenue generation, and lifespan of physical assets while reducing operational costs and business risk. It has a profound impact on critical executive metrics like revenue, margin, customer satisfaction, work-in-process inventory, and return on assets (ROA). The ...

Battery Mineral Resources Announces Proposed Capital Reorganization, Including a Proposed Offering of up to US$6,000,000 in Unsecured Convertible Debentures and Proposed Consolidation of Existing Debt

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–News Direct– Proceeds from Unsecured Convertible Debentures to Be Applied Towards the Re-Start of Production at Punitaqui Project, Chile Consolidation of Existing Debt Expected to Benefit BMRs Balance Sheet Through an Extended Term-to-Maturity, Interest Accrual During Ramp-Up of Potential Production, and a Conversion Option Battery Mineral Resources Corp. (TSXV: BMR) (OTCQB: BTRMF) (Battery or BMR or the Company) is pleased to announce a private placement offering (the Private Placement) of senior unsecured convertible debentures (the Debentures) for total gross proceeds of up to US$6 million (approximately C$8.2 million). The proceeds from the Debentures will be applied towards working capital and the restart of copper concentrate production at its Punitaqui copper project in Chile (the ...

Surefire Resources says Saudi processing talks progressing swiftly

Cloud PR Wire
–News Direct– Surefire Resources NL (ASX:SRN) MD Paul Burton caught up with Proactive soon after releasing an update on its 100% owned projects in Western Australia. He says the pre-feasibility study (PFS) for the Victory Bore project is on track, discussions with the Saudi government for processing of vanadium magnetite are progressing well and that vanadium extraction and high-purity alumina (HPA) assessments are advancing. Surefire has executed a Memorandum of Understanding (MOU) with Saudi Arabias Ministry of Investment for mineral processing opportunities of high-grade ore from its Victory Bore vanadium and HPA project. Surefire Resources is an Australian mineral exploration company based in Perth, Western Australia (WA). The company holds mineral exploration licences over Vanadium, M...

ARway.ai launches augmented reality games as spatial experiences

Cloud PR Wire
–News Direct– ARway Corp Chief Product Officer Shadnam Khan joined Steve Darling from Proactive to share news the company has announced the availability of stock or custom augmented reality games as spatial experiences in the ARway studio. ARway unveiled the availability of stock or custom augmented reality (AR) games as spatial experiences in the ARway studio. This strategic expansion aims to strengthen ARway's position as a leading innovator in AR technology and indoor spatial mapping. Khan explained that AR gaming harnesses the potential of real-world environments by seamlessly blending them with interactive digital content, resulting in engaging and immersive experiences. AR games use sensors such as cameras, microphones, and GPS to detect the real world and overlay game vis...

Aclara Resources recent drill work unveils new HREE deposit at Carina Module

Cloud PR Wire
–News Direct– Aclara Resources CEO Ramon Barua joined Steve Darling from Proactive to shared significant news regarding the company's recent auger drilling campaign at the Carina Module in Brazil. Aclara Resources has reported the results of its initial auger drilling campaign, which encompassed 1,693 meters of drilling across 236 drill holes. This work took place at the Carina Module, located in the northeastern part of central Brazil and accessible via paved roads. Barua highlighted the discovery of a new Heavy Rare Earth Element (HREE) deposit hosted in ionic clays. The drilling program reached shallow depths, with an average depth of 7.2 meters, and revealed the potential for expansion, both laterally and at depth, with the prospect of enhancing HREE grades. Furthermore, Bar...

Vertiqal Studios sees Revmo Platform as key initiative to better service for clients

Cloud PR Wire
–News Direct– John Dwyer, CEO of Vertiqal Studios joined Steve Darling from Proactive to discuss its partnership with Revmo, a data analytics platform created by former Goldman Sachs professionals. Revmo focuses on mining data from social media channels, particularly TikTok and Instagram Reels, to optimize content creation and advertising strategies. Vertiqal Studios, known for its extensive library of video game content, provides Revmo with data derived from their 66 channels and over 140 videos. The algorithmic systems on TikTok and Instagram Reels reward videos based on their key attributes, and understanding this data is crucial for content success. Vertiqal Studios leverages this data to offer a value proposition to brands, showing the statistical likelihood of their followers maki...

Sonoro Gold files Preliminary Economic Assessment on Cerro Caliche Project in Mexico

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–News Direct– Sonoro Gold Corp CEO Kenneth MacLeod joined Steve Darling from Proactive to shared significant news regarding the company's Cerro Caliche Project in Sonora, Mexico. Sonoro Gold Corp has announced the filing of a Preliminary Economic Assessment (PEA) for the Cerro Caliche Project. The PEA outlines the potential viability of a nine-year life of mine, open-pit, heap leach mining operation. The operation is expected to have an initial two-year production rate of 4,000 metric tonnes per day, with an increase to 12,000 mtpd for the remaining life of the mine. MacLeod highlighted the positive results from the PEA, which include a Pre-Tax net present value discounted at 5% of $71.4 million and a Pre-Tax Internal Rate of Return of 59%. On an After-Tax basis, the NPV5 is $47....

Northern Superiors latest drill results unveils new discovery at the Croteau Property in Quebec

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–News Direct– Northern Superior Resources CEO Simon Marcotte joined Steve Darling from Proactive to shared significant news regarding the company's Croteau Property in Quebec. Northern Superior Resources has reported the latest drill results from its diamond drill program on the Croteau Property. The program has identified new zones with near-surface mineralization in two areas located within one kilometre of the main zone. The main zone already boasts an inferred resource of 640,000 ounces of gold at 1.79 g/t Au. Marcotte highlighted the discovery in the area associated with the Croteau North Shear Zone, where hole CRO22-120 intersected 1.06 g/t Gold over 26 meters, including 4.98 g/t Au over 3.0 meters. This discovery is situated north and parallel to the Croteau-Bouchard Shear...

Steppe Gold accelerating construction on Phase 2 expansion at ATO Gold Mine

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–News Direct– Aneel Waraich, the Executive Vice President of Steppe Gold, shared important news with Steve Darling from Proactive regarding the company's latest developments. Steppe Gold has drawn down $9.6 million from its $150 million financing package, which was secured in October. This capital injection is intended to accelerate the construction and development of Phase 2 Expansion at the ATO Gold Mine in Mongolia. The company is currently in the final stages of partnering with international engineering firms and construction teams in Mongolia to facilitate the expansion. The Phase 2 expansion is expected to be completed by the end of 2025, with commercial production commencing in 2026. This expansion is projected to increase production threefold, reaching over 100,000 ounce...

Global Lithium appoints leading financial adviser for Manna lithium project

Cloud PR Wire
–News Direct– Global Lithium Resources Ltd (ASX:GL1) CFO Matt Allen tells Proactive the company has selected Perth-based Azure Capital Pty Ltd as the financial adviser for its 100% owned Manna Lithium Project. Situated some 100 kilometres east of Kalgoorlie, Western Australia, the Manna Lithium Project is set to benefit from Azures 13 years of expertise in the lithium sector. Azure boasts a two-decade history in the metals and mining sector and is proficient in offering advisory services to companies listed on the Australian Securities Exchange (ASX). Allen said: We are delighted to appoint Azure as financial adviser to the company following a competitive tender process that saw strong interest in both the company and the Manna Lithium Project from the financial advisory sector. Azure has ...