Mining

Friday Jul 12, 2024 - 10:51 am

InvestorNewsBreaks — Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF) Receives Final Court Approval for New GMIN Plan of Arrangement

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, has received the final order from the Ontario Superior Court of Justice (Commercial List) approving the company’s previously announced plan of arrangement. According to the announcement, the company has formed a new entity and been incorporated; the new company will hold and manage the combined business of Reunion Gold and G…

Thursday Jul 11, 2024 - 2:30 pm

InvestorNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Positioned as Standout Opportunity for Investors

McEwen Mining’s (NYSE: MUX) (TSX: MUX) share price has shown a remarkable gain of 62.1% over the last 12 weeks, indicating strong momentum and robust performance in the market. “This trend of sustained positive momentum over time is a key indicator of the stock’s potential for continued growth, making it an attractive option for those looking to capitalize on price strength… McEwan Mining’s financial health…

Thursday Jul 11, 2024 - 10:55 am

InvestorNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Releases Core Review Report on ‘Blue Sky’ Potential at Mal Lake

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF), an exploration company targeting magmatic nickel sulphide discoveries to support the rapidly growing global electric vehicle market, is reporting results of its recently completed core review of the historic Mal Lake Nickel occurrence. According to the announcement, the historic Mal Lake drill core is available through the Saskatchewan Ministry of Energy and Resources' Precambrian Geological Laboratory in La…

Wednesday Jul 10, 2024 - 11:49 am

InvestorNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Featured in Syndicated Broadcast

Torr Metals Inc. (TSX.V: TMET), a Canada-based company focused on advancing promising early-stage district-scale mineral properties, today announced that it was featured in a broadcast via NetworkNewsAudio (“NNA”), a solution that delivers additional visibility, recognition and brand awareness in the investment community via distribution to thousands of syndication points. The audio release covers news of the Ontario government’s granting of a three-year exploration permit to…

Wednesday Jul 10, 2024 - 9:27 am

InvestorNewsBreaks — Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF) Reports on Voting Results from Recent Annual General Meeting

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, has released voting results from its annual general and special meeting of the holders of common shares, the holders of options to purchase shares and shareholders. The meeting was held July 9, 2024. According to the report, those in attendance voted in favor of a proposed special resolution to approve the…

Wednesday Jul 10, 2024 - 9:06 am

InvestorNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Closes on Auramet International $15M Loan Facility

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF), a company that is advancing the next generation of nickel-sulphide projects, has closed on a previously announced secured loan facility with Auramet International Inc. One of the largest physical precious-metals merchants in the world, Auramet has more than $20 billion in annual revenues and offers a full range of services to participants in the precious-metals supply chain. According to the…

Tuesday Jul 09, 2024 - 1:04 pm

InvestorNewsBreaks – Panther Minerals Inc. (CSE: PURR) (OTC: GLIOF) Featured in Article Covering the Role of Nuclear Power in AI Datacenter Growth

Financial Gambits recently published an article that discusses the increasing energy demands of artificial intelligence (“AI”) workloads and the potential role of nuclear power in meeting these demands. Tech giants Alphabet (which owns Google), Amazon, and Microsoft have invested $40 billion in data centers from January to March (https://ibn.fm/BgGck) to handle AI workloads, highlighting the significant energy consumption of tools like ChatGPT. AI's energy needs…

Wednesday Jul 03, 2024 - 9:23 am

InvestorNewsBreaks — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Holds Annual Meeting of Shareholders, Reports on Voting Results

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, is announcing the results from voting during its Annual Meeting of Shareholders; the meeting was held on June 27, 2024. According to the announcement, a total of 26,845,690 shares were voted, which represented an estimated 54.33% of the 49,408,775 outstanding shares entitled to vote. Three items…

Friday Jun 28, 2024 - 9:23 am

InvestorNewsBreaks — Laredo Oil Inc. (LRDC) Subisidary Begins Drilling on Well in Montana-Based Midfork Location

Laredo Oil (OTC: LRDC),an oil exploration and production company, and its wholly owned subsidiary, Hell Creek Crude LLC, have started drilling the Reddig 11-21 well in the Midfork field located in Valley County, Montana. According to the announcement, the well is the first of three production wells that the company, which operates in the Midfork field, plans to drill. “The Reddig 11-21 well was spudded,” said…

Thursday Jun 27, 2024 - 2:31 pm

InvestorNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Aims to Capitalize on Rising Demand for Copper

Torr Metals Inc. (TSX.V: TMET), a Canada-based mineral exploration company advancing mineral properties in Ontario and British Columbia, aims to unlock the potential of its 100%-owned gold and copper projects with a focus on cost-effective exploration and development aided by proximity to existing major infrastructure. “TMET’s exploratory activities sync with favorable market conditions driven by the burgeoning renewable energy and electric vehicle industries. Limited copper…

Thursday Jun 27, 2024 - 10:54 am

InvestorNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Provides Proposed Summer 2024 Exploration Program at Epworth Project

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF), a mineral exploration company exploring for high-grade critical and precious metal deposits in Nunavut, Canada, and Virginia, USA, today announced the proposed summer 2024 exploration program at its Epworth sediment hosted copper-silver-zinc-cobalt project located 80 km southeast of Kugluktuk in Nunavut, Canada. Key highlights included >2 million in flow-through funds to be used this season, with additional funding also…

Tuesday Jun 25, 2024 - 12:45 pm

InvestorNewsBreaks – GEMXX Corp. (GEMZ) Announces Strategic Board Appointment

GEMXX (OTC: GEMZ) today announced that Ali S. Abood has joined the board of its primary investment target, Latin Energy Partners. According to the announcement, the addition to the board aligns with GEMXX’s commitment to strengthen its investment portfolio and expand its influence in the global energy sector. Abood brings a wealth of experience in international business, finance and consultancy, with a particular focus on…

Tuesday Jun 25, 2024 - 9:30 am

InvestorNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Reports on $70M Private Placement, Funds to Support Los Azules Copper Project

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, is reporting on a nonbrokered private placement financing. According to the announcement, the private placement is comprised of up to 2,333,333 common shares of its wholly owned subsidiary McEwen Copper Inc. The shares were offered at a subscription price of $30 per common share, resulting in gross proceeds of up…

Monday Jun 24, 2024 - 10:50 am

InvestorNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF), American West Metals Secure C$17.1M Royalty Package for Storm Copper Project

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF), a publicly traded mineral exploration company exploring for high-grade copper and gold deposits in Virginia and Nunavut, Canada, along with its joint venture partner American West Metals Limited, has entered into a binding funding agreement with Australian-based Taurus Mining Royalty Fund L.P. According to the announcement, Taurus will provide up to $12.5 million under a royalty package…

Monday Jun 24, 2024 - 9:33 am

InvestorNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF), Financing Partner Announce $15 Million Loan Facility

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF), a company that is advancing the next generation of nickel-sulphide projects, has arranged a $15 million loan facility with Auramet; the transaction is expected to close on or before July 9, 2024. According to the announcement, the loan, which will be due Jan. 9, 2025, has an interest rate of 1% per month with a 2.5% arrangement fee and is subject to customary…

Friday Jun 21, 2024 - 9:13 am

InvestorNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Releases Report on Fox Complex, Notes Update on Production and Preconstruction Activities

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, is reporting on the progress at the Fox Complex, where McEwen is advancing a new mine on the Stock Property. According to the announcement, production is expected to start in the second half of 2025, with pre-construction activities of the stock portal already begun. The company…

Thursday Jun 20, 2024 - 12:32 pm

InvestorNewsBreaks – Torr Metals Inc.’s (TSXV: TMET) Final Assay Results from Kolos Rock Sampling Program Spotlighted in Syndicated Broadcast

Torr Metals (TSX.V: TMET), a Vancouver-based mineral exploration company, has been featured in a NetworkNewsAudio (“NNA”) broadcast. The broadcast Torr Metal’s announcement of the final assay results from its 2023 rock sampling program focused on the Vik Zone at its Kolos Copper-Gold Project. “We are strongly encouraged by these promising results, which validate our meticulous exploration strategy at the Kolos Project,” said Torr Metals president…

Thursday Jun 20, 2024 - 10:32 am

InvestorNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Receives New Exploration Permit, Commences Exploration Field Activities at the Gochager Lake Project

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF), focused on the exploration for nickel, cobalt and copper in north-central Saskatchewan, today announced the recent receipt of all necessary permits to continue exploration activity at its Gochager Lake project. The company also announced the commencement of exploration field activities at the project, with field crews already mobilized. According to the announcement, the exploration permit, which expires July…

Monday Jun 17, 2024 - 11:27 am

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces Strategic Appointment of Former Critical Minerals Leader from General Motors

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium, rare earth elements ("REEs") and vanadium, today announced the appointment of Debra Bennethum as its director, critical minerals and strategic supply chain. Bennethum is a chemical engineer who previously served as the EV critical minerals manager in the global purchasing and supply chain division of General Motors ("GM"), and previously as the…

Monday Jun 17, 2024 - 9:35 am

InvestorNewsBreaks – Gratomic Inc. (TSX.V: GRAT) (OTCQX: CBULF) (FSE: CB82) Inks $5.2M Investment Deal, Signs LOI with TSC

Gratomic (TSX.V: GRAT) (OTCQX: CBULF) (FSE: CB82), a multinational company with projects in Namibia, Brazil and Canada, has signed a nonbinding Letter of Intent (“LOI”) with Tristream Capital Pte Limited and/or Tristream Capital (Cayman) Limited (“TSC”). Dated June 14, 2024, the LOI outlines plans for TSC to invest an estimated C$5.2 million in Gratomic in order to acquire a 5% gross sales royalty (“GSR”) in…

Friday Jun 14, 2024 - 3:19 pm

InvestorNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Moving to Find Next Discovery at Its Nunavut Property

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF), a publicly traded mineral company exploring for high-grade copper and gold deposits in Canada’s Nunavut territory, is proud to be part of Canada’s mining industry, a major sector responsible for 22% of Canada’s total domestic exports and contributing $125 billion to the national GDP. “The company is focused on exploring for gold and copper in North America, specifically in…

Friday Jun 14, 2024 - 12:22 pm

InvestorNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Closes on Flow-Through Financing Valued at $20M

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, has closed on its previously announced $20 million public financing. The company anticipates using the funds for ongoing exploration and development at the Fox Complex in the Timmins region of Ontario. According to the company, development will focus on the next area of production growth at…

Friday Jun 14, 2024 - 11:17 am

InvestorNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Targeting Significant Untapped Potential of Its Albert Lake Project

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) is an exploration company that is targeting magmatic nickel sulfide discoveries to support the rapidly growing global electric vehicle market. While North America is deeply dependent on foreign nickel, which is a position of weakness for meeting EV and carbon goals, Canada has the potential to once again be a dominant player in nickel production thanks to…

Friday Jun 14, 2024 - 10:31 am

InvestorNewsBreaks – Tartisan Nickel Corp. (CSE: TN) (OTCQB: TTSRF) Leveraging Promising Nickel-Copper-Cobalt Mineral Resource

Tartisan Nickel (CSE: TN) (OTCQB: TTSRF), a Canadian mineral exploration and mining development company, originally released a Preliminary Economic Assessment (“PEA”) report for its 100%-owned Kenbridge Nickel Project in 2022. “Drilling and assay results provided by Tartisan and compiled, verified and validated by P&E Mining Consultants Inc. were used to create an updated MRE, which confirmed that the Kenbridge Project ‘contains a significant nickel-copper-cobalt mineral…

Thursday Jun 13, 2024 - 12:39 pm

InvestorNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Provides Details of Upcoming Diamond Drilling Program at Loranger Property

Appia (CSE: API) (OTCQX: APAAF) (FSE: A0I0) today announced the details regarding its upcoming diamond drilling program at its Loranger property, Saskatchewan. The property is located within the eastern Wollaston Domain, adjacent to the renowned, uranium-rich Athabasca Basin. It holds strong potential for hosting valuable uranium deposits. According to the announcement, Appia aims to drill 1,000 total meters across 3 to 4 drill holes, targeting…

Thursday Jun 13, 2024 - 11:31 am

InvestorNewsBreaks – Torr Metals Inc. (TSXV: TMET) Reports Final Assay Results from Rock Sampling Program, Notes ‘Major’ Copper Discovery Potential

Torr Metals (TSX.V: TMET), a mineral exploration company focusing on the identification, acquisition and advancement of mineral properties, is reporting final assay results from the 2023 rock sampling program; the report also noted the delineation of a robust ZTEM geophysical anomaly at the newly defined Vik Zone, located at the Kolos Copper-Gold Project. Highlights of the report show outcrop mineralization coincident with 2023 soil anomalies,…

Thursday Jun 13, 2024 - 9:19 am

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Releases Results of Election of Directors during Annual Shareholder Meeting

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S.-based, critical-minerals company, is reporting on the results of the election of directors. According to the announcement, the elections were held during the company’s recent virtual annual and special meeting of shareholders, which was held on June 11, 2024. The company reported that all 10 nominees that had been proposed by management were elected directors by company shareholders…

Wednesday Jun 12, 2024 - 10:00 am

InvestorNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Meets Requirements to Earn 10% Legal, Beneficial Interest in PCH Project

Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a publicly traded Canadian company in the rare earth element (“REE”) and uranium sectors, has earned its initial 10% legal and beneficial ownership interest in Appia Brasil Rare Earths Mineracao Ltda. Brazilian-based Appia Brasil is the company that holds the PCH Project, which is located in the Tocantins Structural Province of the Brasília Fold Belt…

Monday Jun 10, 2024 - 2:52 pm

InvestorNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Reports on Q3 2024 Financials

Uranium Energy (NYSE American: UEC), a U.S.-based uranium mining and exploration company, announced that it has filed its third-quarter 2024 report for the period ended April 30, 2024. The company filed the report with the U.S. Securities and Exchange Commission (“SEC”) in accordance with NYSE American requirements. Uranium Energy filed the report on Form 10 -Q; the report includes the company's interim condensed consolidated financial…

Monday Jun 10, 2024 - 10:24 am

InvestorNewsBreaks – Battery Mineral Resources Corp. (TSX.V: BMR) (OTCQB: BTRMF) Subsidiary Closes on Second Drawdown of Credit Facility

Battery Mineral Resources (TSX.V: BMR) (OTCQB: BTRMF), a battery minerals company providing shareholders exposure to the global megatrend of electrification, and its wholly owned subsidiary, ESI Energy Services Inc., have completed a second and final drawdown of C$3,000,000. According to the announcement, ESI completed the drawdown, which was first announced in March 2024, under a credit agreement with Fiera Enhanced Private Debt Fund. “We are…

Friday Jun 07, 2024 - 3:35 pm

InvestorNewsBreaks – Why Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH) Is ‘One to Watch’

Emperor Metals (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH) is an advanced-stage, gold-exploration company focused on proving and developing the substantial resource potential of its flagship Duquesne West Gold Project located in the Tier 1 district of Southern Abitibi Greenstone belt of Rouyn-Noranda, Quebec. “The project has a 2011 historical mineral resource estimate of 727,000 ounces of Au at 5.42 g/t and an average thickness of…

Thursday Jun 06, 2024 - 10:04 am

InvestorNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Begins AGG Survey at Saskatchewan-Based Alces Lake Property

Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a publicly traded Canadian company in the rare earth element (“REE”) and uranium sectors is starting a Falcon Airborne Gravity Gradiometer (“AGG”) and magnetic survey at its Alces Lake property in northern Saskatchewan. Conducted by Xcalibur Multiphysics, the study is expected to provide essential subsurface imaging of the Alces Lake lithological units and structure. Information…

Wednesday Jun 05, 2024 - 10:29 am

InvestorNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Exploration Season Underway at Saskatchewan-Based Eastside Project

Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a publicly traded Canadian company in the rare earth element (“REE”) and uranium sectors, has begun its 2024 summer uranium exploration season. According to the announcement, the company has already completed a ground reconnaissance and exploration program for its uranium-bearing Eastside property and has followed up on several uranium, REE and platinum-group element targets; these…

Tuesday Jun 04, 2024 - 10:34 am

InvestorNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Announces Completion of Drill Program at Deloro

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) today provided an update on its 2024 exploration program with assay results from eleven holes on its Deloro property, which now completes the infill drilling in advance of the first resource estimate. “We are very pleased with the 2024 drilling program at Deloro, which built on our successful campaign in 2022. Deloro is just 8 km south of Timmins,…

Tuesday Jun 04, 2024 - 9:24 am

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), Astron Corporation Ink Definitive Agreements to Develop Australian Project

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium, rare earth elements (“REEs”) and vanadium, has executed binding agreements with Astron Corporation Limited. The agreements create a joint venture between the two companies to develop and operate the Donald Rare Earth and Mineral Sands Project; the project is located in Wimmera Region, Victoria, Australia. A world-class, world-scale, REE and heavy mineral…

Monday Jun 03, 2024 - 9:11 am

InvestorNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Releases FY 2023 Financial Report

Prospera Energy (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), a publicly traded energy company based in western Canada specializing in the exploration, development and production of crude oil and natural gas, is reporting its 2023 results. Highlights of the report include average net sales in Q4 2023 of 723 boe/d (847 boe/d gross), an 86% increase over Q4 2022 levels, and average net sales of 505…

Friday May 31, 2024 - 3:09 pm

InvestorNewsBreaks – GEMXX Corp. (GEMZ) Aims to Establish Footprint in Global Energy Landscape

GEMXX (OTC: GEMZ), an established mine-to-market gem enterprise, recently announced that it is actively broadening its business framework to incorporate private equity funding for oil and gas (“O&G”) exploration ventures. “With a large network of global relationships and several strategic alliances recently established, GEMXX is setting the stage to finance the exploration of extensive oil reserves, specifically targeting giant fields with reserves of 500 million…

Friday May 31, 2024 - 1:32 pm

InvestorNewsBreaks – Torr Metals Inc. (TSXV: TMET) Increase in Sizing of Kolos Copper-Gold Project Featured in Syndicated Broadcast

Torr Metals (TSX.V: TMET), a mineral exploration company focusing on the identification, acquisition and advancement of mineral properties, is featured in a NetworkNewsAudio (“NNA”) broadcast. The broadcast covers the company’s recent news that it has significantly increased the size of its British-Columbia-based Kolos Copper-Gold Project by 75%, an increase from approximately 140 km to 240 km. According to the announcement, new mineral claims focus on…

Friday May 31, 2024 - 9:41 am

InvestorNewsBreaks – Advanced Gold Exploration Inc. (CSE: AUEX) Management to Attend Upcoming Global Mining Investment Conference

Advanced Gold Exploration (CSE: AUEX), a Canadian Junior gold explorer whose focus is reviving and enhancing abandoned and unloved projects, will be participating in next week’s The Mining Investment Event of the North — Canada’s Only Tier I Global Mining Investment Conference(C). The three-day gathering is scheduled for June 4–6, 2024, in Quebec City. According to the announcement, Advanced Gold Exploration officials will be in…

Thursday May 30, 2024 - 9:52 am

InvestorNewsBreaks – Standard Lithium Ltd. (TSX.V: SLI) (NYSE American: SLI) (FRA: S5L), Announces Participation in June Industry Events

Standard Lithium (TSX.V: SLI) (NYSE American: SLI) (FRA: S5L), a leading near-commercial, lithium-development company, will be spotlighted in three industry gatherings next month. According to the announcement, Standard Lithium CEO and director Robert Mintak will be participating in the Benchmark Giga USA 2024 event, scheduled for June 11–13; the JP Morgan 2024 Energy, Power and Renewables Conference, scheduled for June 17–18; and the Fastmarkets 16th…

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