US Weighs Critical Metals Stake for Greenland; Shares Soar 80%
Critical Metals (NASDAQ: CRML) surged roughly 80% pre-market after Reuters-sourced reports said the Trump administration is weighing converting a $50 million Defense Production Act grant into an equity stake in the company developing Greenland’s Tanbreez rare earth project. Reuters’ sources said officials began talks about six weeks ago to evaluate a grant-to-equity conversion. A senior […]
Nord Precious Metals Produces High Grade Silver Concentrate From Tailings
Nord Precious Metals (TSXV: NTH) has successfully demonstrated that tailings from the Beaver Mine stamp mill tailings can produce a high grade silver concentrate.
B2Gold Hits Commercial Production At Goose Mine
B2Gold (TSX: BTO) has finally achieved commercial production at their new Goose Mine in Nunavut, which is part of the Back River Gold District. Commercial production was reportedly achieved on October 2, following the first ore being processed on June 24, and the first gold pour occurring later that month. The declaration follows the 30 […]
G Mining Secures Up To US$537.5 Million For Construction Of Oko West
G Mining Ventures (TSX: GMIN) is claiming this morning that they have secured the funds required for the construction of their Oko West Gold project in Guyana. The statement follows the company securing a financing package for the project. The package itself is for an initial US$387.5 million, which is said to have the potential […]
Orla Mining Identifies Potential 2 Kilometre Extension At Musselwhite
Newmont (NYSE: NEM) may soon be regretting the sale of their Musselwhite Mine to Orla Mining (TSX: OLA) earlier this year. Orla this morning is reporting that is has discovered a potential two kilometre extension of the main gold trend at the mine following exploratory drilling. Deep drilling has reportedly encountered high grade gold mineralization […]
Secret Service Dismantles Major SIM Farm Network in New York
Federal agents have seized a massive telecommunications network in the New York area capable of disrupting cellular service across the region, exposing what officials call a direct threat to critical infrastructure. The US Secret Service dismantled more than 300 servers controlling over 100,000 SIM cards at multiple locations in late September, with agents later discovering […]
Fortune Bay: The Potential Billion Dollar Project
It’s no secret that the price of gold has been on a tear for what has now been several months. The yellow metal at the time of recording is up just shy of 40% over the last 12 months, which translates to gains of over $1,000 an ounce across that time frame. While that is […]
Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust
In this conversation with John Proust, Chairman and CEO of Japan Gold (TSXV: JG), we dive into what could be described as a “post-Barrick era” for the company.
Barrick Mining’s “Company Defining [Gold] Discovery”
Much has been said across social media in recent days in relation to recent updated economics published by Barrick Mining (TSX: ABX) for an up and coming project in Nevada referred to as Fourmile that they expect to make bank on. But while Barrick may have a bit of leeway among investors given the size […]
ESDC: No Actual Site Visit In 77% Of Temporary Foreign Worker Inspections
Canada’s labour enforcer conducted more than 12,000 temporary foreign worker inspections since 2020, and 77% of them involved no site visit at all, according to an investigative report. Employment and Social Development Canada confirmed to the Investigative Journalism Foundation that most compliance checks under the program were “paper-based,” meaning interviews and document requests were done […]