NewsRoom Articles - Page 11 of 174

MondayJun 30, 2025 9:45 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Secures Multimillion-Dollar Funding from U.S. Department of Defense to Strengthen Rare Earth Independence

Despite the critical importance of rare earth element metals, the United States has long been dependent on imports to provide an adequate supply. Ucore has secured a $18.4 million funding agreement from the U.S. DoD to support the development of its rare earth processing facility in Louisiana. Ucore CEO notes that the funding validates the company’s technological leadership, underscores the strategic value of domestic REE processing. As global competition intensifies over the control and supply of critical minerals, the United States is taking aggressive steps to secure domestic sources of rare earth elements (“REEs”)—materials essential for defense systems, electronics and clean energy.…

FridayJun 27, 2025 10:30 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Breaks Ground on REE Processing Facility, Pioneers Domestic Supply Chain

The company announced the groundbreaking of its Louisiana Strategic Metals Complex (“SMC”) in Alexandria. The Louisiana SMC is designed to utilize Ucore's proprietary RapidSX(TM) technology. Ucore also announced the execution of $18.4 million in funding from the U.S. Department of Defense (“DoD”). Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a critical metals technology company developing scalable rare earth element (“REE”) refining infrastructure in North America, has marked a significant milestone in the development of a domestic REE supply chain. The company announced the groundbreaking of its Louisiana Strategic Metals Complex (“SMC”) in Alexandria (https://ibn.fm/zPMiw). This facility represents the company's first…

FridayJun 27, 2025 10:00 am

Copper Recovers After Trump Announces Truce Between Israel and Iran

The price of copper hit a new high this week as the yuan strengthened and the dollar’s value declined after Washington announced a ceasefire between Israel and Iran. The announcement came just days after the U.S. authorized airstrikes on 3 nuclear facilities in Iran, dropping a total of fourteen bombs on the targets. The London Metal Exchange saw three-month copper rise to $9760.50 per metric ton before slowly dipping to $9743.50. Reducing copper stocks in warehouses registered under the London Metal Exchange (LME) hint at increases in demand for physical copper, with key players holding onto the metal and ownership…

ThursdayJun 26, 2025 10:00 am

Copper Smelters Face Double Whammy of Low Fees, Limited Supply

Smelters have begun paying miners to convert copper concentrate into refined metal as supply for the red metal dwindles. This is despite the fact that mines have seen production increases, with global output rising by 2.8% in 2024 after recording a 2.1% rise in 2023. Q1 of this year also saw output of copper increase by 1.2%. While treatment and refining charges normally generate revenues for smelters, competition among smelters has many fighting to get their hands on limited supplies of concentrate. China has, for instance, recorded significant increases in its imports of copper concentrates, having risen by 7.5% in…

ThursdayJun 26, 2025 9:00 am

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) Moves Toward Beacon Gold Mill Restart and Bulk Sampling at Swanson Project

LaFleur Minerals plans to restart its fully-permitted and recently refurbished Beacon Gold Mill in Val-d’Or, Quebec, by early 2026, offering many surrounding gold projects a much-needed nearby milling option. In addition, a minimum 5,000-metre diamond drilling program is launching at the company’s wholly-owned 166 km² Swanson Gold Project this month, and a Preliminary Economic Assessment (“PEA”) is underway to evaluate open-pit mining and milling scenarios at current gold prices, as they rise above $3,300/oz, expected to hit $4,000/oz by the second quarter of 2026, JP Morgan analysts say. In support of the company’s Swanson Project plans for a 100,000-tonne bulk…

WednesdayJun 25, 2025 11:15 am

Silvercorp Metals Inc. (NYSE-A: SVM) (TSX: SVM) Reports Record Q4 Results and Strong Cash Flow for Fiscal 2025

Silvercorp’s Q4 revenue rose 76% year-over-year to $75.1 million. Operating cash flow for the quarter reached $30.7 million, nearly tripling the $10.2 million reported in Q4 Fiscal 2024. $13 million was invested into growth projects. Even after investments made, Silvercorp added $14.5 million to cash, ending Fiscal 2025 with cash and short-term investments of $369.1 million. Silvercorp Metals (NYSE-A: SVM) (TSX: SVM), a Canadian mining company producing silver, gold, lead, and zinc, with a long history of profitability, delivered its strongest fourth-quarter performance to date, closing out Fiscal 2025, ended March, with significant growth in both revenue and operating cash…

WednesdayJun 25, 2025 9:45 am

New Pacific Metals Corp. (NYSE American: NEWP) (TSX: NUAG) Is ‘One to Watch’

New Pacific Metals owns two of the largest undeveloped open-pit silver projects globally, offering substantial resource potential and long-term production growth. The company’s projects demonstrate strong economic fundamentals, with high internal rates of return and low all-in sustaining costs per ounce of silver. Bolivia’s underexplored mineral potential presents a strategic advantage for New Pacific Metals, allowing it to capitalize on a historically rich mining region. The company is backed by two strategic shareholders: Silvercorp Metals (28%) and Pan American Silver (12%). The company is supported by an experienced leadership team with a track record of success in mineral exploration, development,…

TuesdayJun 24, 2025 10:30 am

Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) Positioning Itself as a Premier Nevada Mine Developer and Explorer in Today’s Gold Market

Walker Lane is one of the hottest exploration area plays in the United States and is known for its high-grade gold and silver discoveries Lahontan’s centerpiece in the region is the Santa Fe Mine project, a former open-pit producer Beyond Santa Fe, Lahontan holds three additional properties — West Santa Fe, Moho and Redlich — that enhance the company’s upside A Canadian-based mineral exploration company with four high-potential gold and silver projects in Nevada’s Walker Lane, Lahontan (TSX.V: LG) (OTCQB: LGCXF) is operated via U.S. subsidiaries. With a flagship brownfield mine, robust resource, and active drilling programs, Lahontan offers investors…

TuesdayJun 24, 2025 10:00 am

Gold Edged Lower While Trump Was Undecided on Attacking Iran

By the end of last week, the price of gold had dropped to $3,368. Despite the drop, the global economic backdrop continues to favor the precious metal, with rising geopolitical tensions and increasing demand from central banks providing support. Results from an annual survey conducted by the World Gold Council also highlight increasing interest in gold accumulation. Seventy-three central banks participated in the survey, with 40% of them revealing that they planned to increase their gold holdings over the next year. 72% of central banks also expect gold’s share in global reserves to grow over the next 5 years, the…

MondayJun 23, 2025 11:15 am

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) is Uniquely Positioned to Fill a Major Processing Gap in Quebec’s Abitibi Gold Belt with Its Beacon Mill

LaFleur Minerals acquired the fully permitted and refurbished Beacon Gold Mill at a steep discount after Monarch Mining’s bankruptcy, offering a critical near-term processing solution in Quebec’s Tier-1 Abitibi Gold Belt, where demand for milling services is rising with the high price of gold. LaFleur also owns the Swanson Gold Project, located just 50 km from the Beacon Mill, to be developed for the company’s own mining prospects. The company is already attracting interest from potential development funders for advanced milling and gold project plans, with LaFleur targeting near-term revenue through custom milling and its own gold project production. LaFleur…

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