Starfighters Partners with Mu-GTech for Microgravity Flights
Starfighters Partners with Mu-GTech for Microgravity Flights ————————— Collaboration supports NASA, academic and commercial research missions CAPE CANAVERAL, Fla.–(BUSINESS WIRE)–Starfighters Space, Inc. (“Starfighters” or the “Company”) (NYSE American: FJET), the innovative aerospace company, owner and operator of the world’s largest fleet of commercial supersonic aircraft, today announced a strategic partnership with Mu-G Technologies, LLC (“Mu-GTech”) […]
Venezuela’s Interim Government Submits Mining Reform Bill to Legislature
Caracas skyline, Venezuela. Stock image. Venezuela’s ruling party-controlled National Assembly on Monday approved a mining law expected to open the sector to private and foreign investment, the latest salvo in a package of US-backed changes to the still-sanctioned country’s economy. The administration of US President Donald Trump has supported a series of moves by Acting […]
Hungary Intercepts Ukrainian Convoy Transporting Over $80 Million in Cash and Gold
Hungary detained seven Ukrainian nationals transporting over $80 million in cash and gold through the country, authorities said, prompting Kyiv to accuse Budapest of unlawfully seizing the funds and taking its people hostage. Hungary’s National Tax and Customs Administration (NAV) said the group was stopped during what officials described as the “Ukrainian gold convoy operation,” […]
Luca Explores 14g Gold That Could Expand Mexico Mine Potential
Luca Mining (TSXV: LUCA) is reporting high-grade gold mineralization below existing workings that could expand the resource and output at its Tahuehueto mine in Mexico. Drill hole DDH26-SU-01 cut 7.6 metres grading 14.27 grams gold per tonne, 46.64 grams silver, 0.33% copper, 2.57% lead and 1.19% zinc from 80.9 metres depth. Drill hole DDH26-SU-03 returned […]
Trump Offers US Gold Buyers a Workaround for Venezuelan Sanctions
The Trump administration has opened the door for Venezuela to sell gold into the US in a major boost to a country facing crippling dollar shortages due to restrictions on oil exports. The Treasury’s Office of Foreign Assets Control issued a license allowing US entities to undertake certain transactions involving Venezuelan-origin gold that would otherwise […]
Troilus Pursues Up to $400 Million in Debt Financing for Quebec Gold Mine
Exploration work at Troilus. Image supplied. Canadian mining developer Troilus Mining Corp. plans to issue subordinated debt and other potential non-equity instruments to help advance its gold and copper project in Quebec. The new financing will range from $300 million to $400 million and is expected to be announced within weeks, according to people familiar […]
Venezuela’s Acting President Announces Upcoming Mining Reforms
Venezuela’s interim President Delcy Rodriguez said on Wednesday a reform of the country’s main mining law will be submitted in coming days to the country’s legislature, after a meeting in Caracas with US Secretary of the Interior Doug Burgum, where the two officials hailed cooperation on minerals and a shared desire to pave the way […]
CHART: Mining Stocks Plummet Amid Escalating Conflict in Iran
Close-up of keyboard of Computer Assisted Trading System (CATS) developed by the TSX which went live in 1977. Image: TSX Gold futures came close to crashing through the $5,000 an ounce before regaining more than $100 an ounce by the close for a 3.5% decline on the day. Gold continued to climb in after hours […]
Kevin Warsh’s Insights: A Wake-Up Call on Metals and Markets
The Book on Kevin Warsh; Metals & Markets Wake-up Call Greetings, Investors! While those not dialed into the markets are more preoccupied with turning that famous rodent in Punxsutawney, Pennsylvania into groundhog crouqets this morning, others of us are looking to divine what a Kevin Warsh-led Fed will mean for our portfolios and the broader […]
US Faces Challenges in Mitigating Risks of Congo’s ‘War Zone Minerals’ Despite Agreement
The US has made progress in its push to prise Congo’s strategic minerals from China’s orbit, but conflict, contested licences and compliance demands are still slowing Washington’s advance into a region its rival dominates, diplomats and industry officials said. Democratic Republic of Congo, which hosts the world’s largest cobalt supply and rich copper and lithium reserves, is central […]