NewsRoom Articles - Page 48 of 210

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…

FridayJun 20, 2025 10:30 am

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Reports Construction Progress at Montauban Project, With New Technical Milestones

ESGold has completed installation of Humphrey Spirals at its silver and gold Montauban Project in Quebec. The company has finalized its Preliminary Economic Assessment (“PEA”), based solely on tailings material, and additional corporate updates and data releases are anticipated in the coming weeks. Spiral circuit concentrate testing is now underway, with results expected in the coming weeks, and a comprehensive 3D geological model is being built from seismic and historical data. With the high price of gold, the company sees itself as offering the potential of a lower-cost entry into gold exposure with a higher return. ESGold (CSE: ESAU) (OTCQB:…

FridayJun 20, 2025 10:00 am

Reports Say EPA Employees are Being Informally Told Not to Enforce Rules Against Oil Firms

Different sources have revealed that employees at the U.S. Environmental Protection Agency are being told not to enforce regulations against oil companies. This instruction, which sources note was verbally issued, comes as pressure to reduce scrutiny of the industry mounts within the agency. These efforts to decrease enforcement align with deregulation policies being authorized by EPA Administrator Lee Zeldin, at the bidding of President Donald Trump who pledged to increase production for the oil and gas industry. Thus far, the agency has eased pollution and climate rules finalized under President Biden’s tenure, especially those that kept fossil fuel emissions in…

WednesdayJun 18, 2025 11:15 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Among Early Adopters of Bitcoin Treasury Strategies Amid Growing Trend

SolarBank Corporation joins a group of 61 public companies adopting bitcoin treasury strategies. The company expects to bridge growing investor interest in crypto with the stability of renewable energy. SolarBank has applied to open an account with Coinbase Prime for custody and related services. CEO Richard Lu says the strategy helps attract a new class of tech-savvy investors. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and clean energy projects, specializing in distributed and community solar initiatives throughout Canada and the U.S., announced this month it will…

MiningNewsWire provides insights and opportunities in the mineral and mining sectors.

Contact us: (512) 354-7000