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McEwen raises $22 million for Stock East and West gold exploration

After paying agents fees, McEwen expects to net C$28.5 million. The Fox gold complex covers 70 sq. km. along 18 km of the Destor-Porcupine fault. It includes the 2,000 tonne per day Black Fox mill and the Black Fox mine to the east. The measured and...

Exploring the Depths: American Rare Earths Funds Halleck Creek Venture with $8.7 Million Infusion

Updated Mineral Resource Estimate American Rare Earths recently unveiled the latest mineral resource estimate for its Halleck Creek project in Wyoming. The figures showcase a substantial 64% increase in the in-situ tonnage, compared to the previous assessment conducted last autumn. Impressive Increase in TREO The updated...

Weir Group Boosts Margins in Mining Sector, Elevates Dividend

Strong Momentum from Transformation Program The Weir Group, based in Glasgow, is reveling in the substantial impact of its Performance Excellence transformation program. This initiative not only achieved cost savings of £6 million but also unearthed fresh opportunities leading to a twofold increase in...

West Red Lake Strikes Gold with $20 Million Offering Tied to Gold

Embracing Gold in Financial Ascent West Red Lake has recently made headlines in the financial world as it successfully raised $20 million through gold-linked note financing. These notes, set to mature on December 31, 2029, carry a tantalizing coupon rate of 12% per annum,...

Capstone’s $265 Million Funding Boost for Chilean Copper Projects ...

Capstone Initiates Major Investment in Chilean Copper Operations ...