August 2025 - Page 4 of 5 - MiningNewsWire

MondayAug 11, 2025 10:15 am

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Mining Operation in Quebec Shows Open Potential for Revenues

The Montauban mine site in Canada’s Quebec province is being rehabilitated after prior operations and tailings were abandoned ESGold’s green resource development project at the site is expected to breathe new life into the mine while helping the company to extract revenues from residual mineral recovery The gold and silver resource developer is preparing to launch tailings cleanup early next year ESGold’s long-term strategy is to use revenues from the site cleanup to commence district-scale exploration that has a mineral system that remains open at depth — both vertically and laterally Gold and silver recovery company ESGold (CSE: ESAU) (OTCQB:…

FridayAug 08, 2025 10:30 am

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) Secures Financing Advisors, Expands Offerings to Fund Beacon Gold Mill Restart

LaFleur Minerals has engaged FMI Securities and FM Global Markets to raise up to C$5 million in debt financing. The capital will be used to restart production at their fully permitted Beacon Gold Mill in Val-d’Or, Québec. The company also launched two equity offerings: a LIFE private placement and a charity flow-through unit offering, which together could raise over C$5.4 million in additional capital. LaFleur’s strategy focuses on near-term production at its Beacon Gold Mill, sourcing material from the Swanson Gold Deposit and other surrounding projects, highlighted by current gold prices and production-ready infrastructure as key advantages. LaFleur Minerals (CSE:…

FridayAug 08, 2025 10:00 am

Gold Makes Modest Gains as Rate Cut Expectations Strengthen

The start of the week saw the price of gold surge after economic data released last week boosted expectations of the Federal Reserve reducing rates of interest. U.S. gold futures saw their price hit $3426.40 per ounce, representing a 0.8% increase. Spot gold also saw its price surge to $3372.15 an ounce, a 0.3% increase. RJO Futures’ senior market strategist Daniel Pavilonis stated that the probability of the Fed reducing rates in September was strong now. He explained that the odds for the Fed doing the same in December were even stronger, adding that this, combined with inflationary pressures, made…

ThursdayAug 07, 2025 11:15 am

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) Launches Diamond Drilling at Swanson Project, Beacon Gold Mill Valuation Is Finalized

LaFleur Minerals has begun a fully funded, 5,000-metre diamond drilling campaign at its Swanson Gold Project in Quebec. All required drilling permits have been received, including Forestry Intervention and Authorization to Intervene. Independent valuation pegs Beacon Gold Mill’s replacement cost at over C$71.5 million; Mill rehabilitation and commissioning estimated at C$4.1 million, presenting a low-cost path to near-term production. The company has expanded its land package to over 18,300 hectares, reinforcing its district-scale potential. LaFleur Minerals (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0), a Canadian near-term gold producer, has initiated diamond drilling at its Swanson Gold Project in the prolific Abitibi…

ThursdayAug 07, 2025 10:00 am

BP Announces a Major Oil Discovery in Brazil

Earlier this week, British Petroleum (BP) announced that it had made a resource discovery that eclipsed any they have made in over two decades. These last few years have seen the multinational oil and gas firm shift its focus back to fossil fuels after failing to reduce hydrocarbon production, where it focused on energy alternatives that were low in carbon. Prior to this, the firm was planning to become a net zero company. The coronavirus pandemic led to an unanticipated loss for the firm though, with reports showing its 2020 loss totaled $5.7 billion. This was quite a plunge, especially…

TuesdayAug 05, 2025 10:30 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Set to Leverage Proprietary Tech, New Trade Deals as Magnetic Materials Gatekeeper

Recent White House announcements with EU and Japan outline tariff guidelines, investment commitments. The confluence of trade policy and industrial investment creates a strategic trade windfall for U.S. critical minerals. Ucore’s proprietary RapidSX technology offers a compelling supply chain solution. Recent trade agreements with the European Union and Japan are unlocking massive investment that could reshape U.S. manufacturing, particularly for critical components such as permanent magnet materials. Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) and its RapidSX(TM) separation technology are strategically positioned to become the North American gatekeeper for magnet-grade rare earth oxides under this new industrial paradigm. Under President Donald Trump’s…

TuesdayAug 05, 2025 10:00 am

Arizona Could Provide a Viable Solution to the Copper Crisis in the US

Earlier this year, President Trump announced immediate measures focused on including copper in the list of critical minerals to provide tax incentives to mining firms and speed up permitting. Later in July, he announced that starting August 1st, the United States would impose a 50% tariff on all imported copper. Currently, the country is the 5th largest producer of the red metal after Chile, the DRC, Peru, and China. The U.S. produces nearly half of the red metal is uses, with efforts to bolster domestic production taking their time as it takes nearly three decades for copper mines to start…

MondayAug 04, 2025 10:10 am

Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) Is ‘One to Watch’

Trilogy Metals holds a 50% interest in the UKMP, a 471,796-acre (190,929-hectare) land package hosting two high-grade undeveloped copper deposits. The Arctic Project delivers robust feasibility-stage economics with an after-tax NPV of $1.1 billion and grades exceeding 4% copper equivalent. The adjacent Bornite Project contains 6.5 billion pounds of inferred copper and can extend the district’s mine life to over 30 years. Trilogy benefits from strategic partnerships with South32, NANA Regional Corporation, and the State of Alaska, bolstering its financial strength and permitting outlook. The company operates in a top-tier jurisdiction for mining investment and is led by a seasoned…

FridayAug 01, 2025 11:15 am

PowerBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103): Name Change Signals Broader Energy Strategy and Investor Growth Potential

SolarBank Corporation has changed its name to PowerBank Corporation to better align with its expanding clean energy portfolio. PowerBank develops solar and battery storage projects in the U.S. and Canada. The firm holds a project pipeline exceeding one gigawatt and a built project base of 100 MW. A recently announced $100 million financing with CIM Group is set to accelerate U.S. project construction. U.S. tax incentives and Canadian contract programs position the company for stable growth and investor appeal. Disseminated on behalf of PowerBank Corporation SolarBank Corporation, a premier developer and owner of renewable and clean energy projects, specializing in…

FridayAug 01, 2025 10:30 am

Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF): Why Past Producers Offer the Clearest Path to Near-Term Gold Production

Lahontan’s Santa Fe Mine produced 359,202 ounces of gold and 702,067 ounces of silver between 1988-1995 using low-cost heap leach operations, establishing proven mineralization and processing methods The current 2-million-ounce resource at cash costs of $1,230 per ounce positions the company for profitable production as gold reaches critical mineral status under the new administration Fast-track permitting strategy targeting early 2027 production leverages existing infrastructure and pro-mining regulatory environment in Nevada’s Walker Lane district The gold mining sector faces a fundamental challenge that extends beyond typical commodity cycles: the increasing difficulty and cost of bringing new mines into production. While gold…

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Month: August 2025