Highlights Aurum’s Managing Director Dr. Caigen Wang said: “We are pleased to announce that through our careful and geologically-driven planning and execution of diamond drilling programs, in the second phase of our Plusor-Minex JV, we have drilled 8,000m diamond holes to earn 51% project interest, thanks to our JV partner’s strong support and diligent work...
Author: backoffice
Top Stories This Week: Gold Dips Below US$2,500, US$970 Million Silver Deal Turns Heads
The gold price experienced ups and downs this week, sinking to nearly US$2,470 per ounce on Wednesday (September 4) before rebounding back above US$2,500 the next day. August’s 142,000 number for jobs missed analysts’ expectations of 160,000, solidifying thoughts that the US Federal Reserve will cut interest rates at its next meeting, scheduled to run...
Tech 5: Tesla Shares Up on Full Self-driving News, Qualcomm Eyes Intel’s Chip Business
Uncertainty has continued in September after August left investors scratching their heads. Stay informed on the latest developments in the tech world with the Investing News Network’s round-up. US markets began the week with their biggest daily percentage declines since the August 5 rout. Thursday’s (September 5) economic data readings out of the US and...
Hertz Energy Enters Option to Acquire Harriman Antimony Property in Quebec
The Harriman Property is an exploration stage antimony project located approximately 17 km northeast of the town of New Richmond in the Gaspé Region of Québec. The Gaspé Region is known for a variety of significant mineral deposits, most notably the Mine Gaspé Copper Mine, currently being developed by Osisko Metals. The Harriman Property benefits...
Energy Fuels' Transformational Acquisition of Base Resources Wins Shareholder Approval; All Required Regulatory Approvals have been Obtained
Mark S. Chalmers, President and CEO of Energy Fuels stated: “We are pleased that the Base shareholders voted overwhelmingly to approve Energy Fuels’ combination with Base Resources. We believe that the combined company will clearly emerge as a world-leader in producing several of the critical minerals and materials needed for the clean energy transition. The...
Dynasty Gold: Gold-focused Exploration with High-grade Gold Assets in Canada and the US
The Thundercloud gold project is located in the Archean Manitou-Stormy Lakes Greenstone Belt in Ontario, Canada. Thundercloud spans 2,250 hectares and is part of the Wabigoon Subprovince, known for hosting several significant gold deposits. The project has been de-risked by the amount of drilling by Teck Resources in the 2000s. Dynasty has benefited from Teck’s...
Spargoville Project Aircore Drilling Results
HIGHLIGHTS Aircore holes were drilled in east-west traverses across distinct gold anomalies defined by soil-auger sampling in both E15/1688 and E15/1689. Best results were returned from drilling into two large soil-auger gold anomalies within E15/1688; one representing the Fugitive Prospect and the other, referred to as the Anomaly 37 Prospect. Results from the Fugitive Prospect...
Yvonne Blaszczyk: Gold, Silver — Last Call to Invest Before Prices Go Higher
Speaking to the Investing News Network, Yvonne Blaszczyk, president and CEO of BMG Group, shared her latest thoughts on the gold and silver markets, including her price forecasts for the months and years ahead. She emphasized that a global perspective is key for understanding these metals as geopolitical turmoil unfolds. “I think the incredible rise...
Bifurcation a Big Test of Miners’ Mettle
“Teslas don’t grow on trees”, Reuters journalist Ernest Scheyder wrote in The War Below, highlighting conflict between government mandates on electric vehicles and public policies hampering new metal flows into EV supply chains. The conundrum at the heart of American author Scheyder’s book is the same one executives at the world’s major miners, and many...
Arcadium Halts Mount Cattlin Expansion, Plans Transition to Care and Maintenance
The company said in a press release that it will halt Stage 4A waste stripping, as well as any expansionary investment beyond Stage 3 following a sustained drop in spodumene prices. Data from S&P Global Commodity Insights shows prices are now at the US$720 level. The sharp drop has primarily been attributed to oversupply and...