Fed cuts rate by 0.5%, gold rises
The United States Federal Reserve lowered its benchmark interest rate by 50 basis points to a range of 4.75% to 5% on Wednesday as the majority of analysts expected. Gold…
Stock Markets/Investing
Winsome study pegs Adina lithium project cost at US$260M, using ex-diamond plant
Australia’s Winsome Resources (ASX: WR1) said a scoping study reinforces the US$260-million Adina lithium project’s potential as a capital-efficient mine with a 17-year life in Quebec. Repurposing the dense media…
Midnight Sun solves Zambian licence error
Midnight Sun Mining (TSXV: MMA) says the Zambian government admits making a mistake in June when it posted the rejection of an exploration licence renewal for the company’s main Solwezi copper…
Chinese investor steps in to block Paladin’s Fission buy
Australia’s Paladin Energy (ASX: PDN) has hit a roadblock in its proposed acquisition of Canada’s Fission Uranium (TSX: FCU) after a Chinese investor in the takeover target opposed the tie-up. …
Atlantic Mining to pay Nova Scotia $80M gold mine clean-up bond as it appeals conditions
The Nova Scotia subsidiary of Australia’s St Barbara (SBM:ASX) says the province has agreed to accept the remaining $38.7 million of a bond by the end of the month for cleaning…
Site visit: Wildcat Resources fast-tracks ‘eye-watering’ Tabba Tabba lithium project to prefeasibility stage
Wildcat Resources (ASX: WC8) is already mapping a path to production at the Tabba Tabba lithium discovery in Western Australia’s Pilbara region it made only last year — even without…
Q2 Metals hits thick intersections at Cisco lithium project in Quebec
Six months after acquiring the Cisco lithium property in northwestern Quebec, Q2 Metals (TSXV: QTWO; US-OTC: QUEXF) has drilled a 347-metre interval of continuous spodumene-pegmatite in what vice-president for exploration…
Aclara Resources to start rare earths production in Brazil in 2027
Rare earths developer aims to move forward the beginning of operations at its flagship Carina project to 2027 from 2029.
Canada Nickel negotiates another $500M for Crawford project
Canada Nickel (TSXV: CNC; US-OTC: CNIKF) says it’s received its second significant pledge in two weeks to fund the northern Ontario Crawford project, which could be the world’s largest nickel…
Beaver Creek: Fury Gold CEO slams market for stalled share price despite Quebec discovery
Beaver Creek, Colo. – Fury Gold Mines (TSX: FURY; NYSE: FURY) CEO Tim Clark says the market is undervaluing the company’s portfolio despite delivering a resource expansion and recent exploration…
Dundee drilling near Čoka Rakita suggests camp-style copper-gold potential
Regional drilling at targets just north of the Čoka Rakita deposit in Serbia show the potential for finding more high-grade copper and gold at the project, Dundee Precious Metals (TSX:…
McEwen’s strong shallow Grey Fox assays prep expansion bid in Timmins gold zone
McEwen Mining (TSX: MUX; NYSE: MUX) says drill results at its Grey Fox gold deposit bode well for developing the wider Fox complex of historical mines and exploration sites in northeast…