Company will sell its Red Basin property to Subatomic Industries, which is backed by 8VC and Overmatch Ventures, for $2.5 million cash.
The Virginia Tech plant at Blacksburg is expected to produce its first separated light rare earth oxides in May.
Teck owns a 10% net legacy profits interest over an area that includes a “meaningful” overlap with the Fourmile discovery, analyst said.
Its CEO called the private placement "an important step" towards its goal of becoming South America's next premier silver company.
The platform – called “Gold as a Service” – is designed to connect the physical custody of gold with the digital systems used to issue and manage gold-backed products.
Spot gold tumbled as much as 6% test the pivotal $4,500-an-ounce level -- last seen post the end-of-January crash.
Enchi now holds an estimated 2.13 million oz. gold, including 1.5 million indicated oz. and 626,000 inferred oz.
Court reversal keeps controversial mining project alive as Supreme Court now weighs final ruling on Dominga’s future.
Environmental filing could extend El Abra mine life beyond 2029 and lift output more than threefold, reshaping national rankings.
Building an underground operation below the existing open pit would generate a 30% IRR at $3,100 per oz. gold over 17 years, the company said.
Canada is the second-largest investor in Peru’s mining sector.
Royal Road says it’s the largest title holder in Colombia, with over 1,800 sq. km of combined mining concessions and applications.
Spot gold went down by as much as 3% to $4,836 per ounce, its lowest since February 17.
Midstream stress deepens as smelters face collapsing fees and rising concentration risk despite strong copper demand outlook.
Brandon Craig steps into role with copper strategy intact but under pressure on capital, growth and global ties.
Craig will succeed the current CEO Mike Henry on July 1.
The company's subsidiary holds the Halleck Creek project in Wyoming, which was ranked in 2023 as one of the world’s top 10 rare earth projects.
Benz sees Mt Egerton as a potential high-grade satellite to its early-stage Glenburgh project.
The Canadian junior said it is in the process of completing a 10,000-metre resource definition drill program.
In November 2025, Matawinie was recognized as a “Major Project of National Interest” by the Canadian government.
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