Sanctioned Russian Copper Company Negotiates Acquisition of State-Seized Gold Mining Firm
Russian copper producer UMMC is in talks with the government to acquire a majority stake in the gold mining company UGC which was seized by the state in July, two industry sources told Reuters on Wednesday. The sources confirmed an earlier report by the Izvestia newspaper, which said that a firm called Atlas Mining that […]
RUA GOLD Enhances Leadership Team with New VP of Exploration Appointment
RUA GOLD Strengthens Management Team with Appointment of VP, Exploration – Rua Gold Rua Gold Inc. (TSXV: RUA, OTC: NZAUF, WKN: A40QYC) (“RUA GOLD” or the “Company“) is pleased to announce the strenghtening and expansion of its management team through the appointment of Emmett D’Urso as Vice President, Exploration. Mr. D’Usro will work directly with […]
FPX Signs Exploration Agreement with Takla Nation
FPX Nickel Corp. has signed an Exploration Agreement with the Takla Nation for joint exploration of the Klow property in British Columbia. This agreement establishes a framework for responsible exploration, emphasizing environmental protection and community engagement. FPX’s President, Martin Turenne, highlighted their commitment to Indigenous collaboration from early exploration stages. The Klow Property, located near […]
Gold Miners Make a Comeback as Share Sales Reach All-Time High
Gold miners have just raised their highest ever quarterly proceeds from share sales, with a prolonged rally in bullion prices attracting a range of investors seeking extra profit by betting on the companies that produce the metal. Zijin Gold International Co.’s $3.2 billion initial public offering in Hong Kong — one of the largest this […]
Join Us for Next Week’s BIOBY Mining & Energy Expo: Chicagoland Gathering!
Next week’s BIOBY Mining & Energy Expo; Chicagoland Get-together! Greetings Investors! First off, a couple of us are looking to put together a get-together in the Chicagoland area (likely around the Lincolnshire/Grayslake area) for most likely the evening of Wednesday, October 8 (depending on response and what venue we settle on, it may be that […]
Switzerland Proposes Gold Incentive to Trump for Improved Tariff Agreement
Molten gold pours out of the mold. Stock image. Switzerland has offered to invest in the US gold-refining industry, as part of its efforts to persuade the Trump administration to lower the 39% import tariff imposed last month. The levy — the highest of any developed nation — has already hit exports to America and […]
Northern Dynasty Secures $12M Royalty Payment Amid Ongoing Government Discussions
Northern Dynasty Minerals (TSX: NDM) (NYSE-A: NAK) says it has received another $12 million payment from its royalty investor while it continues to have talks with the US government on the approval of the company’s flagship Pebble project in Alaska. The payment is part of a royalty financing agreement signed with an unnamed investor in […]
China’s Gold Discounts Reach Multi-Year Lows as Other Asian Hubs Maintain Purchasing Activity
China is the biggest billion consumer and its buying trends can have bearing on global prices. Credit: Chow Tai Fook Physical gold demand in China weakened further this week, with discounts hitting multi-year lows, while steady buying persisted in other major Asian hubs despite the high prices in anticipation of further gains. Spot gold hit […]
Congo Aims to Exploit New Gold Mines Amid Rising Prices
Barrick’s Kibali mine, Democratic Republic of Congo. Image from Rangold Resources. Democratic Republic of Congo says it loses 60 tons of gold a year to smuggling. The new mines minister wants the country to build new sites to recapture that wealth. Louis Watum, who became minister last month, previously developed Africa’s biggest gold mine at […]
Cruz Battery Metals Bolsters Its Standing in Nevada’s Lithium Industry Following Presidential Endorsement
Cruz Battery Metals Strengthens Position in Nevada’s Lithium Sector Amid Presidential Endorsement Transforming Opportunities in Lithium Investment: Cruz Battery Metals Corp. Cruz Battery Metals Corp. recently made headlines with the renewal of its lithium claims in Nevada, a significant strategic move in the burgeoning lithium sector. This decision arrives amid renewed interest in U.S. lithium […]