Silver X raises C$69M in private placement
Silver X Mining (TSXV: AGX) has closed a convertible debenture financing of C$69 million to support its projects based in Peru. Under a brokered private placement, the Canadian silver miner…
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Lucara finds rare blue diamond in Botswana
Canada’s Lucara Diamond (TSX: LUC) has recovered a high-quality 36.92-carat blue diamond from stockpiled ore at its Karowe mine in Botswana. The Type IIb stone was recovered using X-ray transmission…
PDAC Video: Gold price reset preps ‘Mother of all junior bull markets’
John Kaiser says junior resource stocks face their best setup in more than a decade as gold resets higher and the West scrambles to secure supplies of critical minerals. A…
Sponsored Video at PDAC: Sun Peak builds Saudi ground ahead of maiden drilling
Sun Peak Metals (TSXV: PEAK; US-OTC: SUNPF) plans to drill its Halahila and Safra projects in Saudi Arabia in next quarter as it builds a 15-licence land package across the…
Myriad sells New Mexico uranium project for 6X return
Myriad Uranium (CSE: M; US-OTC: MYRUF) plans to sell its Red Basin project in New Mexico to a new mining tech venture and partner with it on other uranium exploration…
Almonty’s high-grade South Korea tungsten mine resumes after 30 years
Almonty Industries (Nasdaq: ALM; TSX: AII) says its Sangdong mine in South Korea, with three times the global average tungsten grade, has resumed commercial production after more than 30 years. …
Chilean court revives $2.5B Dominga project permit
Chile’s Antofagasta Court of Appeals has suspended its own ruling against the $2.5 billion Dominga mining and port project, temporarily restoring its environmental permit and sending the case to the…
Atlantic Lithium wins key Ghana approval for mine
Australia’s Atlantic Lithium (ASX: A11) has secured Ghanaian parliamentary approval to develop the Ewoyaa project, the country’s first lithium mine, under revised royalty terms tied to market prices. The ratified…
Teck’s undisclosed royalty worth billions on Barrick’s Fourmile could stymie IPO
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) holds a royalty on Barrick Mining’s (TSX: ABX; NYSE: B) Fourmile gold project in Nevada that could generate billions of dollars and impact the valuation…
War-driven LNG squeeze revives thermal coal: analyst
Thermal coal could climb 46% per tonne if the Iran War disrupts liquefied natural gas producers for another month or two, reopening a profit window for major Australian coal miners. The…
Aclara nears new rare earth supply chain outside China
Aclara Resources (TSX: ARA) has inaugurated its rare earths separation pilot plant in Virginia, marking the start of one of the few integrated supply chains for the metals outside of…
Newcore Gold lifts Enchi’s resource by 24% in Ghana
Canadian developer Newcore Gold (TSXV: NCAU) said a resource update for its Enchi gold project in southwestern Ghana boosts the deposit’s footprint by 24% as the company advances toward a…