Mont Royal’s Updated Ashram PEA Pegs Rare Earths Project at $2 Billion NPV

Mont Royal Resources (TSXV: MRZL) has put fresh numbers behind its Ashram rare earths and fluorspar project, and the updated preliminary economic assessment paints a picture of scale and longevity that the company is quick to attach to the broader push for non-Chinese supply. The study pegs the project’s after tax net present value at […]

West Red Lake Grows Rowan Resource To 514k Ounces

West Red Lake Gold Mines (TSXV: WRLG) has expanded the resource at its Rowan project and tabled a first estimate for the nearby Mount Jamie deposit, adding to the pipeline of high grade satellite ounces it hopes will feed its recently commissioned Madsen mill. The updated resource estimate for Rowan drew on a focused 37 […]

Federal Judge Strikes Down $100,000 H-1B Visa Fee, Ruling It an Unauthorized Tax

A federal judge struck down the Trump administration’s $100,000 fee on H-1B visas for skilled foreign workers on Monday, finding the charge was an unlawful tax that Congress never authorized. US District Judge Leo Sorokin issued the 42-page ruling in Boston, in California et al. v. Trump, on a lawsuit brought by 20 Democratic state […]

US Army Apache Goes Down Near Strait of Hormuz, Crew Rescued

A US Army Apache helicopter went down near the Strait of Hormuz on Monday, with both crew members safely rescued, the New York Times reported. The Pentagon has not confirmed the cause. The crash came as the US-Iran ceasefire has grown increasingly strained. On June 6, US forces struck Iranian coastal surveillance radar sites after […]