June 2025 - Page 2 of 4 - MiningNewsWire

MondayJun 23, 2025 11:15 am

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) is Uniquely Positioned to Fill a Major Processing Gap in Quebec’s Abitibi Gold Belt with Its Beacon Mill

LaFleur Minerals acquired the fully permitted and refurbished Beacon Gold Mill at a steep discount after Monarch Mining’s bankruptcy, offering a critical near-term processing solution in Quebec’s Tier-1 Abitibi Gold Belt, where demand for milling services is rising with the high price of gold. LaFleur also owns the Swanson Gold Project, located just 50 km from the Beacon Mill, to be developed for the company’s own mining prospects. The company is already attracting interest from potential development funders for advanced milling and gold project plans, with LaFleur targeting near-term revenue through custom milling and its own gold project production. LaFleur…

FridayJun 20, 2025 10:30 am

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Reports Construction Progress at Montauban Project, With New Technical Milestones

ESGold has completed installation of Humphrey Spirals at its silver and gold Montauban Project in Quebec. The company has finalized its Preliminary Economic Assessment (“PEA”), based solely on tailings material, and additional corporate updates and data releases are anticipated in the coming weeks. Spiral circuit concentrate testing is now underway, with results expected in the coming weeks, and a comprehensive 3D geological model is being built from seismic and historical data. With the high price of gold, the company sees itself as offering the potential of a lower-cost entry into gold exposure with a higher return. ESGold (CSE: ESAU) (OTCQB:…

FridayJun 20, 2025 10:00 am

Reports Say EPA Employees are Being Informally Told Not to Enforce Rules Against Oil Firms

Different sources have revealed that employees at the U.S. Environmental Protection Agency are being told not to enforce regulations against oil companies. This instruction, which sources note was verbally issued, comes as pressure to reduce scrutiny of the industry mounts within the agency. These efforts to decrease enforcement align with deregulation policies being authorized by EPA Administrator Lee Zeldin, at the bidding of President Donald Trump who pledged to increase production for the oil and gas industry. Thus far, the agency has eased pollution and climate rules finalized under President Biden’s tenure, especially those that kept fossil fuel emissions in…

WednesdayJun 18, 2025 11:15 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Among Early Adopters of Bitcoin Treasury Strategies Amid Growing Trend

SolarBank Corporation joins a group of 61 public companies adopting bitcoin treasury strategies. The company expects to bridge growing investor interest in crypto with the stability of renewable energy. SolarBank has applied to open an account with Coinbase Prime for custody and related services. CEO Richard Lu says the strategy helps attract a new class of tech-savvy investors. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and clean energy projects, specializing in distributed and community solar initiatives throughout Canada and the U.S., announced this month it will…

WednesdayJun 18, 2025 9:45 am

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Advances Waterberg Project Amid Third Straight Year of Platinum Deficits

The platinum market recorded a deficit of approximately 992,000 ounces in 2024 and is forecast to remain in substantial undersupply through 2025. This tightening supply-demand balance has prompted a sharp rally in platinum prices. Platinum Group Metals Ltd. is working to address a portion of the world’s platinum need. The platinum market is entering its third straight year of major structural supply deficits—a situation that is adding both pressure and opportunity for players such as Platinum Group Metals (NYSE American: PLG) (TSX: PTM), a development-stage mining company focused on its flagship Waterberg project in South Africa to help unlock new platinum…

TuesdayJun 17, 2025 10:00 am

Copper Supply Disparities Grow as More Shipments Head to the US

The surge in demand for physical copper in America ahead of potential import duties is creating supply shortages in other parts of the world. Latest figures show that stocks on the London Metal Exchange have dropped to new lows as inventory continues to shrink. This trend is expected to persist until the Trump administration makes a decision on whether to include the red metal on its list of metals subject to import duties under the Section 232 investigation. At present, U.S. copper futures contracts on the Chicago Mercantile Exchange (CME) continue to trade at significantly higher prices than copper in…

TuesdayJun 17, 2025 9:00 am

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) Is ‘One to Watch’

LaFleur Minerals’ fully permitted Beacon Gold Mill, acquired in 2024 and refurbished by its previous owner, offers a low-cost path to production with an estimated restart budget of C$5-6 million. The Swanson Gold Project’s 2024 mineral resource estimate of 123,400 oz indicated and 64,500 oz inferred, alongside a 5,000-meter drilling program, supports the company’s goal of growing the resource toward 1 million ounces. Consolidation of 15,290 hectares, including acquisitions from Monarch Mining, Abcourt Mines, and Globex Mining, has positioned LaFleur as a formidable exploration company in the Abitibi Gold Belt. LaFleur’s hub-and-spoke development model, centered on its Beacon Mill, supports…

MondayJun 16, 2025 12:45 pm

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Poised to Capitalize on Rising Platinum, Palladium Prices Amid Renewed Demand

Platinum prices have recently reached their highest levels in more than two years. Palladium has also seen renewed interest as industrial demand stabilizes and inflation pressures persist. Platinum Group Metals Ltd. stands out due to its advanced-stage project, strong partnerships and commitment to innovation. In recent weeks, platinum and palladium prices have gained considerable momentum, driven largely by a resurgence in demand from China’s jewelry sector and increasing concern over global supply constraints. Platinum Group Metals (NYSE American: PLG) (TSX: PTM), a development-stage mining company focused exclusively on platinum group metals (“PGMs”), is well positioned to capitalize on these favorable conditions.…

FridayJun 13, 2025 10:00 am

Dwindling LME Copper Supplies Trigger Uptick in Contract Prices

Falling stocks in warehouses registered to the London Metal Exchange have raised concerns about the dwindling supply of copper. This has in turn caused the premium for nearby contracts against longer-dated contracts to increase. While copper for immediate delivery was cheaper than contracts with longer maturities about a month ago, the situation shifted, with short-term contracts becoming more expensive. This change may be attributed to the COMEX offering better prices, which prompts more traders to send their copper to the U.S. instead of London. At the moment, copper for immediate delivery on the London Metals Exchange (LME) costs $75 more…

ThursdayJun 12, 2025 10:00 am

Gold Holds Steady as Dedollarization Picks Pace

The price of gold remained unchanged as the week began, after it experienced a brief drop below $3300 an ounce in the last few days. Similarly, the precious metal’s price in euros and pounds dropped slightly to €2902 and £2443 per ounce, respectively. With immigration raids progressing across the country and concerns about America’s budget deficit growing, traders and investors are awaiting results from this week’s scheduled auction of Treasury bonds to get a feel of the market’s demand for America’s debt. UBS Head of G10 FX strategy, Shahab Jalinoos, explains that the dollar may weaken even as bond yields…

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Month: June 2025