MiningNewsBreaks Archive - Page 56 of 145

WednesdayNov 20, 2024 9:15 am

MiningNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Featured in Editorial Highlighting Growing Demand for Critical Metals

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) has been featured in a NetworkNewsWire (“NNW”) editorial, underscoring the rising investment opportunities in the mining sector fueled by increasing demand for critical and traditional metals. As clean-energy technologies drive the need for lithium, cobalt, nickel, and rare earth elements, traditional metals like copper and aluminum are also gaining renewed attention for their role in infrastructure and energy transmission. Amid economic uncertainties, gold and silver remain valuable investments, while platinum group metals (“PGMs”) are gaining prominence due to their unique industrial applications, particularly in automotive pollution control. With potential supply constraints and…

MondayNov 18, 2024 1:45 pm

MiningNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Ownership Led by Individual Investors Holding Majority Stake

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) was featured in a recent article by Simply Wall St. The publication describes Platinum’s ownership structure, explaining that the company is primarily owned by individual investors, who hold a 51% majority stake, granting them substantial influence over the company’s governance and management decisions. Institutional investors also hold a significant portion, contributing to PTM's credibility within the investment community, though ownership remains fragmented, with the top 25 shareholders collectively owning 48%. The largest single shareholder is Hosken Consolidated Investments Limited, holding 26% of shares. Insider ownership is minimal, with less than 1%…

MondayNov 18, 2024 10:27 am

MiningNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Targets $1.05 Million in Proceeds Through Private Placement of Units

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) announced details of its proposed private placement offering of up to 7,500,000 flow-through units (“FT Units”) at $0.04 per unit and 21,500,000 hard dollar units (“HD Units”) at $0.035 per unit, aiming to raise aggregate gross proceeds of $1,052,500. Each unit includes common shares and warrants exercisable for three years at $0.07. Proceeds from FT Units will fund exploration expenditures at the Gochager Lake Project in Saskatchewan, qualifying as flow-through critical mineral mining expenditures under Canada’s Tax Act, while HD Unit proceeds will support general exploration, project development, and corporate needs. The offering,…

FridayNov 15, 2024 3:48 pm

MiningNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Marks Strategic Move to Continue Delivering Strong Production Results

Trillion Energy (CSE: TCF) (OTCQB: TRLEF), a company focused on oil and natural gas production for Europe and Türkiye, recently announced that it is ramping up SASB gas field operations with the installation of velocity strings. “Initially it was assumed that the VS could only be run in using a drilling rig,” a recent article quotes Trillion Energy CEO Arthur Halleran as saying. “However, we have now convinced all that a snubbing unit can accomplish this activity. This has been a giant step forward. This strategic move underscores our commitment to maximizing shareholder value through operational excellence and innovative solutions…

FridayNov 15, 2024 2:53 pm

MiningNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Marks Pivotal Step to Enhance Operational Capabilities, Secure Offtake Agreement

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM), the operator and majority owner of the Waterberg Project, recently announced an important collaboration with Ajlan & Bros Mining and Metals Co. to explore establishing a standalone platinum group metals (“PGM”) smelter and base metals refinery (“BMR”) in Saudi Arabia. “This agreement, structured into three distinct phases, marks a pivotal step in the company’s strategy to enhance its operational capabilities and secure a stable offtake agreement for its Waterberg Project concentrate,” reads a recent article. “The largest impediment to the development of the Waterberg Project to date has been the need…

FridayNov 15, 2024 2:21 pm

MiningNewsBreaks – Renforth Resources Inc.’s (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR) Portfolio Offers Diversification, Exposure to Precious and Industrial Metal Markets

Renforth Resources (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR) is leveraging a diverse portfolio of properties containing valuable commodities such as gold, copper and nickel. The company’s properties, including the Malartic Metals Package in Quebec, showcase Renforth’s strong potential for multicommodity production. “The Malartic Metals Package is host to a battery-metals system, with significant deposits of nickel, copper, zinc and cobalt. This diversity allows Renforth to capitalize on the growing demand for battery metals, which are critical for the renewable-energy and electric-vehicle sectors, while still maintaining exposure to precious metals like gold,” reads a recent article discussing the company. “Investing in…

ThursdayNov 14, 2024 3:26 pm

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) – A Gem in the Mining Sector

McEwen Mining (NYSE: MUX) (TSX: MUX) is positioned to benefit from increased investor interest in precious metals as well as growing demand for critical minerals. “McEwen Mining is a gold and silver producer with operations across the Americas, including Nevada, Canada, Mexico, and Argentina. In addition to its core business of precious metals, the company has significant exposure to copper through its 48% ownership of McEwen Copper, a subsidiary responsible for the advanced-stage Los Azules project in Argentina. Led by Rob McEwen, a seasoned mining veteran with a personal investment of $225 million, McEwen Mining is establishing itself as a…

ThursdayNov 14, 2024 3:07 pm

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Advancing Projects for Critical and Precious Metals

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) is a publicly traded mineral exploration company exploring for high-grade critical and precious metal deposits. The company is focused on becoming a leading player in precious metals as well as with metals connected to renewable energy as they become increasingly important in today’s world. “After thousands of years of use, copper continues to play a key role in the global economy and human development. That will become even more true as the energy transition away from fossil fuels and toward renewable energy gains steam,” reads a recent article with excerpts from a CNN report.…

TuesdayNov 12, 2024 8:15 am

MiningNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Expands Private Placement

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) has amended its private placement offering by introducing a flow-through unit (“FT Unit”) component at $0.04 per unit, responding to high investor interest. Additionally, the price of hard dollar units (“HD Units”) has been adjusted to $0.035 per unit. The offering is expected to raise approximately $750,000, with proceeds allocated for Canadian exploration expenses under the Income Tax Act and exploration at the Gochager Lake Project in Saskatchewan. Closing is anticipated by Nov. 21, 2024, pending regulatory and Canadian Securities Exchange approvals. To view the full press release, visit https://ibn.fm/0dhIG About Fathom Nickel…

MondayNov 11, 2024 3:47 pm

MiningNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Unlocking Unexplored Regions for New Copper and Gold Discoveries

Torr Metals Inc. (TSX.V: TMET), a Vancouver-based mineral exploration company, is pursuing cost-effective strategies with higher potential for returns, focusing on district-scale areas with low exploration maturity and strong prospects for new copper and gold discoveries. “With 100% ownership of nearly 1,200 km², Torr’s projects enjoy direct highway access, proximity to power grids, and established mining infrastructure, allowing operations near local towns and cities. In short, Torr is unlocking underexplored regions with major discovery potential, where operation costs are low and mining giants are already invested with dwindling mines that will require feed,” reads a recent article. “My background is…

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