I-80 Gold Resource Puts Nevada’s FAD Project Up for Sale
I-80 Gold’s Ruby Hill open pit development project is part of its Nevada-focused mid-tier strategy. Credit: I-80 Gold I-80 Gold (TSX: IAU; NYSE-A: IAUX) has released a new high-grade polymetallic resource at its FAD project in Nevada to help sell the non-core asset. The resource totals 594,000 indicated tonnes grading 4.51 grams per tonne gold, […]
Gold Prices Recover Weekly Loss as US Rate Cut Probabilities Rise
Gold prices advanced on Friday to recover from a weekly loss, as traders weigh their outlook on US monetary policy following the release of private sector jobs data. Spot gold rose almost 0.5% to $3,995 an ounce by midday, having briefly touched the $4,000 level earlier. US gold futures saw similar gains, trading at just […]
Silicon Metals Corp. Declares Grant of Stock Options
Silicon Metals Corp. Announces Stock Option Grant Silicon Metals Corp. (CSE:SI) has granted 3,500,000 stock options to directors, officers, and consultants for the purchase of common shares at $0.075 each, exercisable over five years with immediate vesting and a four-month hold period. The company, focused on exploration in British Columbia and Ontario, owns the Maple […]
Leading Candidate in Peru Promises to Revoke Essential Mining Industry Rights
A conservative presidential hopeful in Peru is vowing a major change in policy representing the key mining industry’s biggest fear: to revoke key exploration permits for idle projects and redistribute them. The proposal is the bane of global mining corporations that operate in Peru since they increasingly battle for control of mineral-rich territory with informal […]
Silicon Metals Finishes Initial Assessment Surveys at Longworth and Silica Ridge Projects in British Columbia
Silicon Metals Completes Initial Assessment Surveys at Longworth and Silica Ridge Projects in BC Silicon Metals Corp. has completed an initial assessment survey of its Longworth and Silica Ridge silica projects in British Columbia. At Silica Ridge, 27 rock samples were collected, while 13 samples were taken from Longworth, both areas known for high SiO₂ […]
Gold Prices Recover as Global Equities Decline
Stock image. Gold rebounded near the $4,000-an-ounce level on Wednesday as investors sought safety in the safe-haven metal following a slump in global stocks. Spot gold rallied as much as 1.5% to $3,989.53 an ounce, having fallen almost 2% the previous session. US gold futures also gained 1% to $3,996.50 per ounce. Gold’s recovery follows […]
Aya Evaluates Boumadine Project in Morocco at $3 Billion
The Boumadine project in eastern Morocco. Credit: Aya Gold & Silver Canada’s Aya Gold & Silver (TSX: AYA) said a preliminary economic assessment (PEA) for its Boumadine polymetallic project in Morocco shows the company would need barely a year to recoup its investment if gold prices remain elevated. At spot gold prices of $4,000 an […]
Investor-State Resource Disputes Reach a Decade High
Colombia. Stock image. Disagreements between governments and investors over resources are at a 10-year high, law firm DLA Piper said, driven by resource nationalism and growing competition between the US and China for critical minerals. This reflects the scramble for minerals that will power everything from chips for the AI boom, to electric vehicles, to […]
VERSES Announces Financing Agreement with a Notional Value
VERSES AI Inc. has announced a private placement with institutional investors to raise CAD$14,000,000 by selling 2,333,334 Units at CAD$6.00 each, with each Unit comprising one share and a half warrant exercisable at CAD$7.00. The transaction needs approval from Cboe Canada Inc. Additionally, VERSES is implementing a workforce reduction program to enhance liquidity and operational […]
RUA GOLD Partners with ICP Securities Inc. for Automated Market Making Services
RUA GOLD Engages ICP Securities Inc. For Automated Market Making Services – Rua Gold Rua Gold Inc. (TSXV: RUA, OTC: NZAUF, WKN: A40QYC) (“RUA GOLD” or the “Company”) is pleased to announce that it has engaged ICP Securities Inc. (“ICP”) to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in […]