MiningNewsBreaks Archive - Page 23 of 116

WednesdayJan 15, 2025 8:00 am

MiningNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Reports Financial Results and Waterberg Project Progress

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) announced financial results for the three months ended Nov. 30, 2024, and provided updates on its Waterberg Project in South Africa. The mechanized, shallow mine is designed to produce platinum, palladium, rhodium, and gold ("PGMs") alongside copper and nickel by-products, aiming to be among the world's largest and most cost-effective underground PGM operations. Near-term objectives include advancing to a development decision, securing construction financing, and finalizing concentrate offtake agreements. Additionally, the company continues collaborating with Anglo American Platinum and Florida International University through Lion Battery Technologies Inc. to integrate platinum and palladium…

MondayJan 13, 2025 1:54 pm

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Eyes Opportunity in Race to Establish AI Sector Infrastructure

McEwen Mining (NYSE: MUX) (TSX: MUX) was highlighted in a recent article that discussed favorable positioning of the United States in the AI sector. “Sam Altman, the CEO of OpenAI, has voiced his confidence in President-elect Donald Trump supporting the AI sector and ensuring that America, together with its allies, retain pole position in this nascent industry. Altman was speaking during a recent interview with Fox News,” the publication reads. “During the interview, Altman highlighted the need for support in the form of massive infrastructure… for the U.S. to stamp its leadership on AI technology and AI capabilities.” “Tech giants like…

WednesdayJan 08, 2025 3:00 pm

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Expanding Exploration, Looks to Replicate Success of Flagship Project

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF), a junior exploration company, is positioned to play a critical role amidst growth of copper and gold sectors. “The company’s flagship project, the Storm Copper Project, a joint initiative by Aston Bay and American West Metals, in Nunavut, Canada, made significant advancements in 2024 and is poised for further progress in 2025,” reads a recent article. “The Storm Copper Project has gained attention for its promising assay results and high-grade copper mineralization. Spring/summer 2024 marked another successful exploration season that identified extensive copper zones, demonstrating the project’s potential as a major contributor to global…

MondayJan 06, 2025 10:33 am

MiningNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Advances SASB Field Gas Production with Well Enhancements

Trillion Energy (CSE: TCF) (OTCQB: TRLEF) has successfully installed 2 3/8” velocity string tubing in the Alapli-2 natural gas well, a key step in optimizing long-term gas production at the SASB field. The snubbing unit will next be transported to the East Ayazli tripod for a similar installation in the Bayhanli-2 well, expected to conclude within seven days, weather permitting. Following these operations, nitrogen stimulation will be conducted on both wells to further enhance production performance. To view the full article, visit https://ibn.fm/lYjL3 About Trillion Energy International Inc. Trillion Energy is focused on oil and natural gas production for Europe and…

MondayJan 06, 2025 10:07 am

MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Reports Strong Drill Results at Iska Iska Silver-Tin Project

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) announced assay results from its definition drilling program in the Santa Barbara starter pit area of the Iska Iska silver-tin polymetallic project in Bolivia. Highlights include significant mineralized intersections, such as Hole DSB-69, which returned 142.50m at 106.97g Ag eq/t, and Hole DSB-70, which intercepted 255.75m at 127.89g Ag eq/t. The drilling program confirms the project's potential with high-grade silver and tin zones. CEO Tom Larsen emphasized the economic potential of the deposit, with the results set to inform a Preliminary Economic Assessment (“PEA”) expected in late 2025. To view the full…

FridayJan 03, 2025 10:57 am

MiningNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Announces Leadership Changes and Growth Strategy

Trillion Energy (CSE: TCF) (OTCQB: TRLEF) announced the resignation of CEO Arthur Halleran, effective December 27, 2024, after leading the company since 2017. Sean Stofer, with over 20 years of energy industry leadership, has been appointed interim CEO and Chairman, while the company searches for a permanent successor to focus on asset optimization and strategic expansion. Additional appointments include Scott Lower as President and Burak Tolga Terzi as Vice President and Deputy General Manager, both bringing expertise in finance and energy operations. Trillion plans to establish an advisory board and expand its Board of Directors in early 2025 to drive…

ThursdayJan 02, 2025 2:54 pm

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Emerging as Key Player in Commodities Market

McEwen Mining (NYSE: MUX) (TSX: MUX) is well-positioned for the next commodity cycle. “Rising commodity prices—particularly in metals critical to green energy—are creating opportunities for investors in mining stocks, even as broader equity markets face potential headwinds from inflation and geopolitical risks. With metal prices climbing and demand for resources surging, companies with diversified portfolios and strong fundamentals are emerging as key players in this evolving landscape,” reads a recent article. “McEwen Mining stands out as a compelling example of a company poised to navigate and benefit from the challenges and opportunities of the current market. By leveraging its rich asset…

ThursdayJan 02, 2025 10:46 am

MiningNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Advances Gas Well Operations at SASB Field

Trillion Energy (CSE: TCF) (OTCQB: TRLEF) announced the continuation of its velocity string tubing program at the SASB gas field. Following recent work on the Akcakoca platform, a crane barge has transported the snubbing unit to the Akkaya tripod for tubing installation in the Alapli-2 well, with the East Ayazli tripod next in line for the Bayhanli-2 well. Burst discs will aid the tubing process, followed by nitrogen stimulation to enhance gas flow. The operations, expected to conclude in two weeks, are part of ongoing efforts to optimize production, including sizing gas lift compressors for key wells like South Akcakoca.…

MondayDec 30, 2024 3:19 pm

MiningNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Poised with Blue-Sky Potential at Filion Gold Project

Torr Metals (TSX.V: TMET) is positioned at the forefront, setting the stage for the next breakthrough discovery at its Filion project, strategically located in a prolific gold-endowed region of northern Ontario. “Torr Metals stands out in the junior gold exploration sector by pursuing a fresh frontier at its 100% owned Filion Gold Project,” reads a recent article. “While many junior explorers focus on revisiting projects with overworked occurrences, historical resources or existing open pits – areas where prior decades-long efforts have often fallen short – Torr is exploring a region with untapped high-grade gold and significant blue-sky potential that echoes the…

MondayDec 30, 2024 2:28 pm

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Eyes Exciting New Developments at Storm

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) is positioned amid growing demand and intensifying its efforts to discover new copper reserves. “One such endeavor is the Storm Project in Nunavut, Canada, a joint initiative by Aston Bay and American West Metals. The most recent report released by the two companies sheds light on exciting new developments at this site,” reads a recent article. “Greenfields regional exploration continues to deliver discoveries at Storm,” said Thomas Ullrich, Aston Bay CEO. “In addition to the successful delineation drilling program this year, the geological team has discovered two new zones with copper, zinc and silver mineralization,…

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