Snowline drills 4.67 grams gold per tonne in Yukon
Snowline Gold (TSXV: SGD; US-OTC: NWGF) says the first two holes of this year’s drilling returned high grades from the Valley deposit at the Rogue gold project in eastern Yukon….
Stock Markets/Investing
The Metals Company faces complaint to SEC over deep sea mining plans
The Metals Company (NASDAQ: TMC) is under fire from three civil society groups for its deep sea mining project in the Clarion Clipperton zone of the Pacific Ocean between Mexico…
Video: Paladin eyes ‘world-class’ Fission asset amid growing uranium demand
In June, Australia’s Paladin Energy (ASX; PDN; US-OTC: PALAF) launched a $1.1-billion all-share bid for Fission Uranium (TSX: FCU; US-OTC: FCUUF) and its “world-class” Patterson Lake South project in Saskatchewan. …
Founders Metals hits new high on Antino results
Shares of Founders Metals (TSXV: FDR; US-OTC: FDMIF) surged to a record intra-day high Monday after the company announced promising assay results from its 2024 drill program at its flagship Antino…
Chile copper, lithium mines rattled by 7.4 quake
A 7.4-magnitude earthquake hit northern Chile on Thursday night, 45 km outside San Pedro de Atacama, where the majority of the country’s vast copper and lithium mines are located. The…
Dull diamond market hinders Anglo’s sale of De Beers
Anglo American (LSE: AAL) revealed on Thursday it could cut diamond production once again amid persistent market challenges, complicating its plan to sell its De Beers unit as part of…
Resouro touts first rare earths resource at global-scale Tiros project in Brazil
Resouro Strategic Metals (TSX-V: RSM; ASX: RAU), one of the newest companies to tap into the Brazilian rare earths market, has published a maiden resource of close to 2 billion…
Will Guinea’s Simandou iron ore mine be the ‘Pilbara killer’?
Simandou, one of the world’s most significant iron ore developments, may soon challenge Australia’s Pilbara region as the world’s dominant producer of the steelmaking metal. Initially discovered in 1997,…
Ramp surges on Sprott backing for Sask. project
Ramp Metals (TSXV: RAMP) shares gained more than a quarter of their value on Wednesday after gold bug Eric Sprott invested in the Saskatchewan explorer. Sprott is the lead investor in…
Heliostar gains on Mexican mines buy
Heliostar Metals (TSXV: HSTR; US-OTC: HSTXF) is again buying assets from the former Argonaut Gold to expand in Mexico. Its shares rose. Vancouver-based Heliostar is negotiating with lenders for a…
Montage Gold raises $180M from Zijin, Lundin for Koné project in West Africa
China’s Zijin Mining Group and the Lundin family are part of a $180 million capital raising to increase their stakes in Montage Gold (TSXV: MAU; US-OTC: MAUTF) and advance its…
Top uranium producer Kazakhstan hikes tax
Kazakhstan, the world’s largest producer of uranium, is increasing its mining tax on the nuclear fuel by at least 50% next year. The central-Asian country is to raise the rate…