Category: investingnews

The company notes that plant construction and wellfield development activities are continuing, and states that it expects to become “the next ASX-listed uranium company set to enter production.” He added that Lance will come online at a time “when the need for new sources of uranium could not be stronger.” Concrete pours for the plant’s...

HIGHLIGHTS The rock chip sampling program has successfully identified new broad zones of strongly anomalous copper and pathfinder elements. The copper grades and pathfinder anomalism returned in the samples are at levels consistent with other outcropping leached gossans associated with historic drill discoveries in the region. The Ivena North and Aquila prospects are located along...

Tocantinzinho, which has been under development since September 2022, is now operational, and is expected to produce an average of 174,700 ounces of gold annually over its 10.5 year lifespan. For the first five years of production, average yearly gold output will be higher at 196,200 ounces. Tocantinzinho’s transition to commercial production was confirmed after...

Silver found momentum in the first half of 2024, breaking through US$30 per ounce for the first time since 2012. Gold has also performed strongly during the year, setting several new all-time highs. Although silver has declined from its year-to-date high of US$32.27 on May 20, it has stayed relatively close to the US$30 mark,...

Heather Williamson is stepping down from the Board to focus on other professional and personal commitments. The Board of Directors and the Company’s management team would like to thank Heather for her invaluable contributions to Lancaster Resources and extend their best wishes as she embarks on her next chapter. About Lancaster Resources Inc. Lancaster Resources...

August brought a whirlwind of activity in the cannabis industry as the US Drug Enforcement Administration (DEA) set a date for a long-awaited public hearing on the rescheduling of cannabis. While this date delays the process until after the election, it is still possible that cannabis will be rescheduled before current President Joe Biden leaves...

The amendment extends cash and work commitments for the project for the remainder of 2024 into 2025. The amended agreement requires the Company to issue 2,500,000 common shares to Skyharbour on or before August 30, 2024, and to pay Skyharbour $1,270,000 CDN, on or before February 28, 2025, of which up to $820,000 CDN may...

Geopolitical strife and uncertainty pushed prices for Brent Crude and West Texas Intermediate to year-to-date highs in early April. Values have spent the time since retreating, declining by 2.68 percent and West Texas 2.45 percent respectively between April and June. This decrease is largely attributed to China’s recent interest rate cut and reduced crude oil...

As the market moves into the second half of year, the lithium sector has continued to experience challenges. However, after 2023’s broad fluctuations, the lithium sector exhibited greater stability in the first half of 2024. While oversupply and weak prices kept some companies from registering large gains during the period, others saw share price growth....

As September begins, gold is facing a familiar challenge — the month is historically marked by price declines. September is also typically the worst month for US stocks, but a strong month for the American dollar. This pattern has raised concerns among investors and analysts alike, who are debating whether the factors that have bolstered...