MiningNewsBreaks Archive - Page 15 of 116

ThursdayMay 15, 2025 9:30 am

MiningNewsBreaks – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) Launches New Investor Awareness Campaigns Across North America and Europe

Ucore Rare Metals (TSXV: UCU) (OTCQX: UURAF) has initiated a series of investor awareness and marketing agreements aimed at expanding its visibility. The Company engaged InvestorBrandNetwork for a yearlong communications campaign starting May 8, 2025, at $23,200 per quarter, and Goldinvest Consulting for six months beginning May 5 to support outreach in Germany at EUR 4,050 per month. Ucore also signed a 12-month media agreement with Outside the Box Capital, which includes $160,000 in cash, 100,000 stock options, and a $25,000 influencer campaign budget, pending TSXV approval. To view the full press release, visit https://ibn.fm/05gYa About Ucore Rare Metals Inc. …

WednesdayMay 14, 2025 3:31 pm

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Positioned to Accelerate Storm Copper Project in Nunavut

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF), through its joint venture with American West Metals, has secured a strategic partnership with Ocean Partners Holdings to significantly advance the Storm Copper Project in Nunavut, Canada. The deal includes up to 80% project development financing and a binding offtake agreement granting Ocean Partners exclusive rights to copper and silver products from near-surface mineralization. Backed by a US$3.5 million second tranche payment from Taurus Mining Royalty and C$0.996 million to Aston Bay, the funding will support aggressive exploration and pre-feasibility efforts in 2025. A recent article quotes Thomas Ullrich, CEO of Aston Bay, as…

WednesdayMay 14, 2025 11:20 am

MiningNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Highlights Near-Term Production Strategy on MiningNewsWire Podcast

ESGold (CSE: ESAU) (OTCQB: ESAUF) President Brad Kitchen appeared on the latest episode of The MiningNewsWire Podcast to discuss the company’s fully permitted Montauban project and near-term path to gold and silver production. Kitchen emphasized ESGold’s unique model of funding exploration through early-stage tailings production, citing an estimated $100 million in recoverable material from the historic mine. He also highlighted the project’s community impact, operational goals for 2025, and a tightly aligned marketing plan to increase visibility as production ramps. To view the full press release, visit https://ibn.fm/tC3q4 About ESGold Corp. ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) (FSE: Z7D) is a fully…

WednesdayMay 14, 2025 9:10 am

MiningNewsBreaks – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) Expands North American REE Refining Plans as RapidSX(TM) Nears Commissioning

Ucore Rare Metals (TSXV: UCU) (OTCQX: UURAF) is nearing the commissioning of its RapidSX(TM) Commercial Demonstration Plant in Kingston, Ontario, a key milestone in its plan to commercialize its advanced rare earth element (REE) separation technology. The company is also preparing to construct its first Strategic Metals Complex (SMC) in Louisiana, expected to process 2,000 tons of total rare earth oxides by the end of 2024 and scale to 5,000 tons in 2026. Ucore’s long-term roadmap includes additional SMCs in Alaska and Canada, alongside the development of its 100%-owned Bokan-Dotson Ridge HREE resource in Alaska. With strong U.S. and Canadian…

MondayMay 12, 2025 10:56 am

MiningNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Plans $1 Million Private Placement with Major Shareholder HCI

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) announced plans to raise approximately $1.01 million through a private placement of 800,000 common shares at $1.26 per share to major shareholder Hosken Consolidated Investments Limited ("HCI"), pending regulatory approval. The proceeds will support the company's share of pre-construction activities at the Waterberg Project in South Africa and general corporate needs. The placement price reflects a 3.1% premium to the five-day VWAP on NYSE American as of May 9. Upon completion, HCI will return to a 26% ownership stake. The shares will be subject to a four-month-plus-one-day resale restriction and were offered…

FridayMay 09, 2025 3:16 pm

MiningNewsBreaks – Platinum Group Metals Ltd.’s (NYSE American: PLG) (TSX: PTM) Flagship Project Poised to Meet Surging Global PGM Needs

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) is advancing the development of its Waterberg Project in South Africa, a large-scale platinum group metals (“PGM”) mine expected to be among the world’s largest and lowest-cost underground operations. In September 2024, an independent definitive feasibility study (“DFS”) was completed for Waterberg, highlighting its robust economics, including projected steady state annual production of 353,208 ounces of platinum, palladium, rhodium and gold, along with significant copper and nickel by-products, over a 54-year mine life. Located in the Bushveld Complex, the project features thick, shallow ore bodies allowing for safer, more efficient mining. Amid rising…

FridayMay 09, 2025 9:10 am

MiningNewsBreaks – SolarBank Corp. (NASDAQ: SUUN) (CSE: SUNN) Files C$200 Million Shelf Prospectus for Flexible Future Offerings

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (CSE: SUNN) has filed a final short form base shelf prospectus with Canadian securities regulators, replacing its previous version set to expire in June 2025. The new Shelf Prospectus allows the company to offer up to C$200 million in securities—including common shares, debt instruments, warrants, and units—over the next 25 months. A corresponding Form F-10 registration has been filed with the U.S. SEC but is not yet effective. Proceeds from any future offerings will support business development, working capital, debt repayment, capital programs, and potential To view the full press release,…

FridayMay 09, 2025 9:00 am

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Targets Gold Growth with Fox Complex Expansion, Reports Q1 Results

McEwen Mining (NYSE: MUX) (TSX: MUX) reported Q1 2025 results and outlined growth plans at its Fox Complex, targeting 60,000 ounces of annual gold production by 2027 and a potential expansion to 150,000 ounces by 2030, pending permits. Total annual output could rise to 225,000–255,000 gold equivalent ounces. Backing this plan, the company completed a $110 million convertible note financing. Q1 consolidated production totaled 24,131 GEOs, with improvements expected throughout the year to meet 2025 guidance of 120,000–140,000 GEOs. Gross profit rose to $10.1 million from $6.0 million in Q1 2024, driven by a 31% increase in average realized gold…

ThursdayMay 08, 2025 1:20 pm

MiningNewsBreaks – Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) Coverage Initiated with Outperform Rating, Target Set at C$0.70 / US$0.50

Nicola Mining (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) a junior exploration company with near-term cash flow and district-scale copper potential, has been initiated with an Outperform rating and a price target of C$0.70 (US$0.50). The coverage highlights Nicola’s diversified asset base, including its flagship New Craigmont Copper Project, the high-grade Treasure Mountain silver-lead-zinc mine, and a 75% economic interest in the Dominion Creek gold project. The company also owns 100% of the only mill in British Columbia permitted to receive and process third-party material, generating revenue through its Merritt Mill, sand/gravel pit, and rock quarry. This infrastructure provides cash flow…

ThursdayMay 08, 2025 11:45 am

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Reports High-Grade Drill Results at Grey Fox

McEwen Mining (NYSE: MUX) (TSX: MUX) announced standout drill results from its Fox Complex’s Grey Fox Project, including what the company described as some of the best intercepts yet from the Gibson zone. Highlights include 12.4 g/t gold over 10.7 meters and 4.0 g/t over 30.1 meters, the latter potentially indicating a broad mineralized zone. Drilling at Grey Fox South extended mineralization 250 meters below the existing resource base, while a separate intercept at the 147 Zone returned 48.5 g/t gold over 0.8 meters. A new exploration corridor and promising results near the Whiskey Jack Zone further support resource growth…

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