NewsRoom Articles - Page 28 of 41

MondayJun 30, 2025 9:00 am

Congo’s Extended Cobalt Export Ban is Unlikely to Yield Positive Results

As the biggest producer of cobalt on the globe, any action that the Democratic Republic of Congo takes is, on paper, expected to have a significant effect on the market for this metal. So, why didn’t Congo’s expiring moratorium on cobalt exports have the desired effect of shoring up cobalt prices on the world stage to the extent that the ban has been extended for another three months? First, cobalt from the DRC takes at least three months to be shipped to the People’s Republic of China (PRC) where it is refined prior to its sale on the world market.…

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…

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,…

WednesdayJun 25, 2025 9:00 am

Ford Warns of Possible Battery Job Losses if US EV Tax Credits are Scrapped

Ford Motor has warned that jobs could be lost at its EV battery in Michigan if Congress pegs back the existing subsidies to firms manufacturing clean energy products. The manufacturing plant is slated to start operating next year and anticipates hiring 1,700 employees when production commences. Ford has invested $3 billion to establish the battery facility which is intended to manufacture about 20GWh (gigawatt-hours) of LFP batteries (lithium-ion phosphate) every year. The production facility, found approximately 100 miles to the west of Detroit, was the subject of federal scrutiny due to Ford Motor’s agreement with CATL, a Chinese firm that…

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…

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…

MondayJun 23, 2025 9:00 am

Gold Firms as the US Fed Maintains its Interest Rate

Gold prices registered minimal gains after the U.S. Fed announced its decision to retain the existing interest rate on Wednesday. The Fed also revealed that two reductions in the interest rate are on the cards during the remaining months of the year. Gold fell sharply after President Trump had earlier commented that he was open to hosting Iran at the White House if the Middle East country decided to conduct negotiations. These comments caused gold prices to slide because they indicated that there was a possibility of deescalating the conflict between Iran and Israel in the foreseeable future. Gold had…

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:…

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