MiningNewsBreaks Archive - MiningNewsWire

ThursdayMar 13, 2025 2:42 pm

MiningNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Poised for Growth Amid Potential 2X Price Surge

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) is set to benefit from a projected rise in palladium prices, which one industry analyst predicts could double over the next decade. The expected surge is attributed to several key factors including supply constraints, high demand from the automotive industry, as well as limited substitution options. As an emerging player in the palladium sector, PLG is strengthening its position by advancing the Waterberg Project in South Africa, which is set to be one of the world’s largest and lowest-cost underground platinum group metal (“PGM”) mines. The company has explored opportunities to enhance its…

TuesdayMar 11, 2025 12:55 pm

MiningNewsBreaks – New Era Helium (NASDAQ: NEHC) CEO Highlights Production Strategy on Bell2Bell Podcast

New Era Helium (NASDAQ: NEHC) CEO Will Gray discussed the company’s strategy and market position in a Bell2Bell podcast interview. Gray emphasized that New Era Helium is actively producing helium and natural gas from its 137,000-acre position in the Permian Basin, differentiating itself from many exploration-stage peers. The company aims to vertically integrate by developing its own processing plants and infrastructure, reducing risk with proved helium reserves. To listen to the episode, visit https://ibn.fm/NDDkf About InvestorWire InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community.…

TuesdayMar 11, 2025 9:20 am

MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Reports Highest-Grade Silver Intersection at Iska Iska Project

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) announced further assay results from its definition diamond drilling program at the Iska Iska silver-tin polymetallic project in Bolivia, highlighting the highest-grade silver intersection recorded in the program. Hole DSB-75 returned 135 meters grading 151.47 g/t silver within a broader 309-meter section at 90.92 g/t silver. A high-grade interval within this hole included 962.23 g/t silver over 9.75 meters, suggesting greater mineralization potential. The company is accelerating infill and step-out drilling to refine high-grade zones for its next phase of economic assessment. To view the full press release, visit https://ibn.fm/9vlGI About Eloro…

MondayMar 03, 2025 10:34 am

MiningNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Closes Offering, Announces New Financing and PDAC Participation

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) announced the closing of its non-brokered offering, raising $398,025 through the issuance of 8.55 million flow-through units at $0.04 per unit and 1.6 million non-flow-through units at $0.035 per unit. The company has now launched a new financing, targeting up to $705,000 through the issuance of 23.5 million non-flow-through units at $0.03 per unit, each including a common share and a warrant exercisable at $0.05. Additionally, Fathom will present drill core from its Gochager Lake Project at the PDAC Core Shack on March 4-5, 2025. To view the full press release, visit: https://ibn.fm/7rzgY…

MondayMar 03, 2025 9:45 am

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Announces Initial Mineral Resource Estimate for Storm Copper Project

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) reported an Initial Mineral Resource Estimate ("MRE") for near-surface copper mineralization at its Storm Copper Project in Nunavut. The MRE includes 8.2 million tonnes of indicated resources grading 1.47% copper and 4.5 g/t silver, along with 3.3 million tonnes of inferred resources at 1.30% copper and 3.1 g/t silver. The deposits, located within six zones, remain open for expansion, with new high-grade copper discoveries in 2024 supporting further resource growth. The near-surface nature of the deposits and favorable metallurgical characteristics suggest strong potential for low-cost development. To view the full press release, visit https://ibn.fm/P4Mkf…

MondayMar 03, 2025 9:35 am

MiningNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Reports Strong Shareholder Support at Annual Meeting

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) announced positive results from its annual general meeting held Feb. 28, 2025, in Vancouver, British Columbia. Shareholders representing 59.31% of eligible shares participated, overwhelmingly supporting management’s six director nominees. Diana Walters, Frank Hallam, Timothy Marlow, John Copelyn, Stuart Harshaw, and Mpho Makwana were elected, with over 98% of votes cast in favor. Additionally, PricewaterhouseCoopers LLP was re-appointed as auditor with 96.99% approval. To view the full press release, visit https://ibn.fm/DEEXM About Platinum Group Metals Ltd. Platinum Group Metals is the operator of the Waterberg Project, a bulk underground palladium and platinum deposit…

FridayFeb 28, 2025 2:05 pm

MiningNewsBreaks – Torr Metals Inc.’s (TSX.V: TMET) Kolos Project Poised to Support Growing Copper Demand

Torr Metals Inc. (TSX.V: TMET) is strategically advancing its Kolos Project near some of the most established and productive porphyry copper mines in Canada. “By developing the Kolos Project in southern British Columbia, near the Highland Valley, New Afton and Copper Mountain mines, Torr has positioned itself to fill the growing demand for copper as these nearby mines face declining ore reserves. To that point, Kolos stands poised to be part of the next generation of potentially new copper discoveries, providing much needed supply in one of the most prolific mining districts in the world,” reads a recent article. “Torr’s Kolos…

FridayFeb 28, 2025 8:35 am

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Announces Passing of CFO Dwight Walker, Names Interim Replacement

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) announced with deep sadness the passing of Dwight Walker, who served as Chief Financial Officer for the past nine years. Walker was a respected leader and integral member of the Aston Bay team, contributing significantly to the company's success with his extensive financial expertise and strategic vision. With over 30 years of experience, including a decade in the mining sector, he held CFO roles at multiple public companies throughout his distinguished career. CEO Thomas Ullrich expressed condolences, emphasizing Walker’s invaluable contributions. The Board of Directors has appointed Donna McLean as interim CFO. McLean, currently…

MondayFeb 24, 2025 3:32 pm

MiningNewsBreaks – Mandalay Resources Corporation (TSX: MND) (OTCQB: MNDJF) Achieves Record Financial Performance, Milestone Year in 2024

Mandalay (TSX: MND) (OTCQB: MNDJF) recently announced its financial results for the fourth quarter and year ended Dec. 31, 2024. Among the highlights, the company reported record revenue and significant cash flow growth, attributed to its commitment to operational excellence and financial discipline. “2024 was a milestone year for Mandalay, marked by record financial performance and substantial earnings growth. Our strategic emphasis on higher-margin production, cost efficiency, and operational improvements have delivered outstanding results,” said Frazer Bourchier, Mandalay’s president and CEO. “With a strong cash position, zero debt, and an ongoing commitment to sustainable cash generation, we enter 2025 well-prepared…

MondayFeb 24, 2025 10:20 am

MiningNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) to Present Gochager Lake Drill Core at PDAC Core Shack

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) announced it will present drill core from its Gochager Lake project at the PDAC Core Shack March 4-5, 2025. The Company invites PDAC attendees to visit booth #3113B to view GL23003 drill core and meet management to discuss the project and exploration plans. To view the full press release, visit: https://ibn.fm/MgTEK About Fathom Nickel Inc. Fathom is a junior exploration company focused on exploring for and developing world class nickel camps in the province of Saskatchewan. NOTE TO INVESTORS: The latest news and updates relating to FNICF are available in the company’s newsroom…

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