Cascadia Minerals soars on fund manager financing
Cascadia Minerals’ (TSXV: CAM) shares soared on Monday after the junior miner announced a $3.2 million private placement led by Michael Gentile, who plans to raise his stake to 9.99%…
Stock Markets/Investing
Gina Rinehart ups stake in lithium-focused Vulcan
Gina Rinehart, the billionaire mining magnate who owns Hancock Prospecting, has boosted her ownership in Vulcan Energy Resources (ASX: VUL) to 7.5% by injecting nearly €12.5 million ($18.5 million) into…
Rio Tinto faces pressure to leave London exchange
Rio Tinto (ASX: RIO; LSE: RIO; NYSE: RIO) should switch its primary listing from the London stock market to Australia’s, a move that could boost the miner’s share price by…
Muddy Waters targets Mayfair Gold for board takeover
Muddy Waters Capital, the American hedge fund that often short-sells companies, is instead taking a long position in plans to take over Mayfair Gold (TSXV: MFG) with its prefeasibility stage Fenn-Gib…
Red Pine plans new resource, downplays alleged assay fraud at Ontario gold project
Red Pine Exploration (TSXV: RPX, US-OTC: RDEXF) says its ex-CEO did more reputational damage than harm to the company’s Wawa gold project in northern Ontario when he allegedly altered hundreds of…
Former CEO altered Wawa gold assays, Red Pine says
Shares in Red Pine Exploration (TSXV: RPX, US-OTC: RDEXF) plunged 30.4% Friday on news the company believes its former CEO was behind “unauthorized manipulation” of assay results from its Wawa…
Omineca restarts output at Canada’s only underground placer mine with 10-oz haul
Omineca Mining and Metals (TSXV: OMM; US-OTC: OMMSF) says it’s begun processing gold-bearing gravel again at its Wingdam paleoplacer project in British Columbia. The company recovered 10.25 oz. of coarse,…
U.S. Gold surges after obtaining Wyoming mining permit
U.S. Gold (Nasdaq: USAU) surged on Wednesday after the company said the Wyoming Department of Environmental Quality issued the surface mining permit for the CK gold project, a key milestone….
Red Pine confirms Wawa gold assays after reported ‘inconsistencies’; stock rebounds
Red Pine Exploration‘s (TSXV: RPX, US-OTC: RDEXF) stock rose on Monday after the explorer said an investigation into past assay results from its Wawa gold project in Ontario found no…
Contango grows Alaska gold footprint with two buys
Emerging North American gold producer Contango Ore (NYSE-A: CTGO) is boosting its landholding and production in Alaska with the acquisition of Canada’s HighGold Mining (TSXV: HIGH; US-OTC: HGMIF) and an…
Thesis Gold gains on new resource hiking Lawyers-Ranch tonnage in B.C.’s Toodoggone area
Thesis Gold (TSXV: TAU; US-OTC: THSGF) says an updated resource at the combined Lawyers-Ranch gold silver project in British Columbia increases the tonnage by nearly a third compared with a 2022…
Century Lithium plunges after Clayton Valley feasibility
Century Lithium (TSXV: LCE; OTC: CYDVF) issued a feasibility study showing a 17% internal rate of return using a long-term lithium price for its Clayton Valley project in Nevada. The…