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$42,000 in Gold Hidden in Toronto as Sixth Bonus Treasure in The Great Canadian Treasure Hunt Is Released
TMX Newsfile· 2026-02-26 15:42
Toronto, Ontario--(Newsfile Corp. - February 26, 2026) - EarthLabs Inc. (TSXV: SPOT) (OTCQX: SPOFF) (FSE: 8EK0). With the grand prize now valued at ~$1.5 million, The Great Canadian Treasure Hunt is excited to announce the next regional bonus prize. Organized by The Northern Miner, the treasure hunt continues to attract dedicated hunters and weekend warriors alike. Six one-ounce gold coins valued at over $42,000 will be claimed by a hunter, or hunters, in Toronto, Ontario – the global hub of mining finance ...
Senior Mining & Investment Leaders Confirmed for Resourcing Tomorrow Hong Kong
TMX Newsfile· 2026-02-12 07:59
Core Insights - Resourcing Tomorrow has announced a new senior-level conference focused on mining and critical minerals investment, scheduled for April 16-17, 2026, at the Four Seasons Hotel in Hong Kong [1] - The conference aims to provide a practical understanding of mining investments, covering aspects such as capital structures, risk management, project development, and returns [2] Conference Details - The agenda will address key investment themes in global mining and critical minerals markets, including mining risk, Chinese and Asian capital engagement, gold and precious metals, critical minerals and battery supply chains, midstream and processing, and geopolitical risks [2] - The event will feature interactive leadership roundtables, closed-door discussions, and structured networking to facilitate senior-level dialogue [3] Speaker Lineup - Confirmed speakers include industry leaders such as Jason Chang (CEO, EMR Capital), Greg Fournier (Managing Director, CIBC Hong Kong), Ling Lu (Managing Director, Standard Chartered Bank), and others [6]
We’ve attracted $10bn in mining investments in 4 years – Kabuswe – Zambia: News Diggers!
Zambia: News Diggers!· 2026-02-09 04:30
Group 1 - Zambia's mining sector has attracted approximately US$10 billion in investments over the past four years, indicating significant growth [1] - President Hakainde Hichilema is attending the 2026 Mining Indaba in Cape Town to secure more investments for job creation in Zambia [1] - Minister Paul Kabuswe emphasized the revival of major mining operations, including Konkola Copper, during the Investing in African Mining Indaba [1]
President-elect Kast stuns miners with Chile ministry merge
MINING.COM· 2026-01-21 18:08
Core Viewpoint - The decision by Chile's President-elect José Antonio Kast to merge the mining portfolio into the economy ministry has raised concerns within the mining industry regarding the prioritization of the sector and the qualifications of the appointed minister [1][4][5]. Group 1: Cabinet Changes and Market Reactions - José Antonio Kast appointed Daniel Man as the dual Minister of Economy and Mining, reversing earlier plans to appoint Patricio Montt, which surprised the mining sector [1][2]. - Following the announcement, shares of Los Andes Copper initially surged by 21.79% but later fell by 16.07%, closing at $15.74, valuing the company at approximately C$473 million ($341 million) [3]. Group 2: Industry Concerns and Criticism - Critics argue that appointing an agronomist with limited mining experience as a dual minister undermines the importance of the mining sector, which is crucial for Chile's economy [4][5][6]. - The Chilean Mining Chamber expressed disappointment over the missed opportunity to appoint a qualified mining professional, emphasizing that mining is vital for state revenues and the country's global image [5]. - Industry experts warn that the dual mandate may dilute leadership in the mining sector, which is essential for productivity and competitiveness [6][8]. Group 3: Investment and Economic Implications - The new minister faces the challenge of addressing a backlog of approximately $105 billion in mining investments and revising permitting and environmental assessment frameworks that hinder project approvals [9]. - Chile is a leading global producer of copper and lithium, accounting for about a quarter of the world's mined copper, but faces challenges such as declining ore grades and regulatory burdens [12].
Galantas Gold Announces C$13.5 Million Upsized Financing and Provides Update on Acquisition of RDL Mining Corp.
Globenewswire· 2025-11-21 22:45
Core Viewpoint - Galantas Gold Corporation has announced an increase in its private placement offering to raise up to C$13.5 million due to strong investor demand, with an additional over-allotment option of C$2.025 million available for the agents involved in the offering [1][3]. Offering Details - The offering consists of 168,750,000 units priced at C$0.08 each, with each unit comprising one common share and one warrant [1][2]. - Each warrant allows the holder to purchase one common share at C$0.12 for 36 months post-closing [2]. - The agents will receive a cash commission of 7.0% on the gross proceeds, with a reduced rate of 3.0% for certain purchasers on a designated list [3]. Use of Proceeds - Net proceeds from the offering will be allocated to exploration work on the Indiana Project, option payments related to the project, and general corporate and working capital purposes [5]. Transaction with RDL Mining - The company is progressing with the acquisition of RDL Mining Corp., where RDL shareholders will receive approximately 132 million common shares, representing 49.99% of the outstanding shares post-transaction [9][10]. - The total consideration for the transaction is valued at approximately C$10.6 million, with additional terms including a 0.66% net smelter returns royalty payable by Galantas [10][11]. Financial Overview of RDL Mining - As of September 30, 2025, RDL Mining reported total assets of C$189,425 and total liabilities of C$223,658, resulting in total equity of C$(34,233) [12]. - RDL incurred a net loss of C$(34,263) from its incorporation until September 30, 2025 [12]. Future Management Structure - Post-transaction, the board of directors of Galantas will expand to include members from RDL, enhancing the company's operational expertise [12]. Indiana Project Details - The Indiana Project involves an option agreement requiring total payments of US$15 million over five years, with specific payment milestones outlined [13]. - A copper stream agreement has been established, providing upfront payment and a fixed percentage of copper produced from the Indiana Project [13].
West Coast Silver to Attend 121 Mining Investment Conference in London
Newsfile· 2025-11-15 13:00
Group 1 - West Coast Silver (ASX: WCE) will participate in the 121 Mining Investment Conference in London, presenting recent and future activities [1][2] - The conference will host over 150 mining companies and more than 500 sophisticated investors for targeted 1-2-1 meetings [1][2] - The event is scheduled for November 17-18, 2025, and offers a curated schedule of pre-booked meetings and expert commentary on industry developments [2] Group 2 - 121 Mining Investment connects portfolio managers and analysts from institutional funds, private equity groups, and family offices with mining company management for private meetings [3] - The global event series includes locations such as London, New York, Cape Town, Dubai, and Singapore, with online editions throughout the year [3] Group 3 - West Coast Silver focuses on the exploration and development of the Elizabeth Hill Silver Project in the West Pilbara province, supported by complementary resource projects [4]
Silver Storm to Attend 121 Mining Investment Conference in London
Newsfile· 2025-11-13 12:00
Group 1 - Silver Storm Mining Ltd. is participating in the 121 Mining Investment Conference in London, where CEO Greg McKenzie will present the company's recent and future activities [1][2] - The conference will host over 150 mining companies and more than 500 sophisticated investors, featuring pre-arranged 1-2-1 meetings and expert commentary on industry developments [2][4] - The event is scheduled for November 17-18, 2025, and offers free registration for interested investors [2][3] Group 2 - Silver Storm Mining Ltd. focuses on advanced-stage silver projects in Durango, Mexico, including the La Parrilla Silver Mine Complex and the San Diego Project, one of the largest undeveloped silver assets in Mexico [5]
Cascadia Minerals Ltd. to Attend 121 Mining Investment Conference in London
Newsfile· 2025-11-12 13:00
Group 1: Company Overview - Cascadia Minerals Ltd. is participating in the 121 Mining Investment Conference in London, with President & CEO Graham Downs presenting the company's recent and future activities [1] - The flagship asset of Cascadia is the Carmacks Project, located in the high-grade Minto Copper Belt in Yukon Territory, Canada, covering 177 sq. km [5] - The Carmacks Main Deposit has a Measured and Indicated Resource of 651 million pounds of copper and 302 thousand ounces of gold, with a total of 36.3 million tonnes grading 0.81% copper, 0.26 g/t gold, and 3.23 g/t silver [5] Group 2: Economic Potential - A preliminary economic assessment conducted in 2023 indicated a post-tax NPV (5%) of $330.1 million and a post-tax IRR of 38% at copper prices of $4.25 per pound and gold prices of $2,000 per ounce [5] - Cascadia recently completed a 3,800-meter resource expansion diamond drill program at Carmacks, with initial results showing 83.52 meters of 0.89% copper and 0.26 g/t gold [5] - Results are pending from eight additional drill holes planned for 2025 [5] Group 3: Industry Event - The 121 Mining Investment London conference will host over 150 mining companies and more than 500 sophisticated investors for targeted 1-2-1 meetings [2] - The event is scheduled for November 17-18 and will provide expert commentary and the latest market intelligence on key industry developments [2] - Investors can register for a free pass to attend the conference [3]
Sagittarius Mines seeks strategic partner for Tampakan project
Yahoo Finance· 2025-10-23 11:11
Core Insights - Sagittarius Mines is seeking a strategic partner to aid in the development of the Tampakan copper-gold project in the Philippines, with a focus on acquiring modern technology for project advancement [1][3] - The Tampakan project is projected to be the largest gold and copper mine in the Philippines, with an expected annual production of approximately 375,000 tonnes of copper and 360,000 ounces of gold in concentrate over a 17-year period, although production has been delayed until 2028 [2] - The project has faced multiple challenges, including the withdrawal of Glencore in 2015 and regulatory hurdles, such as the ban on open-pit mining, which was lifted in 2021 [4] Industry Context - President Ferdinand Marcos Jr. has been proactive in revitalizing the Philippine mining sector since taking office in 2022, with a new taxation law recently signed that is viewed as a potential catalyst for investment [4] - The Philippines has a significant amount of untapped mineral reserves, with only a small portion of the nine million hectares identified by the government currently being mined [5] - The government is preparing to auction mining assets to attract more investors, focusing on selecting competent operating companies alongside advantageous offers [6]
Mining Stocks Positioned for Profit Explosion as Gold Bullion Tops $4,000
Prnewswire· 2025-10-10 13:10
Core Insights - Gold prices have surpassed $4,000 per ounce for the first time, driven by inflation concerns and safe haven demand amid economic uncertainty [1] - Mining stocks have increased by 135% in 2025, benefiting from margin expansion and stabilized production costs [1] - Goldman Sachs has raised its gold price forecast to $4,900 per ounce by late 2026, citing strong demand from Western investors and central banks [2] Company Highlights - Rush Gold Corp. has shown significant momentum in its first 90 days as a publicly traded company, completing financing and strategic land consolidation in Nevada [3][5] - The company is advancing two properties in the Republic Mining District, a historically productive area for silver and gold [4] - The Skylight property, covering 330 acres, is believed to host a well-preserved epithermal gold-silver system, with previous drilling intersecting gold [5][6] Exploration and Development - Recent technical work at Skylight has validated the geological model, revealing a 1.2-kilometer alteration footprint indicative of significant mineralization potential [6] - The Walker Lane corridor has become a major exploration focus, with significant gold discoveries nearby, enhancing Rush Gold's strategic position [7][8] - Rush Gold has consolidated its district footprint through an option agreement for the Legal Tender property, which has shown high-grade mineralization potential [8] Financial Position and Future Plans - Rush Gold closed a private placement of $500,000, providing capital for targeted field programs [9] - Near-term work will focus on refining targets using ASTER satellite data and conducting follow-up at Legal Tender's historic workings [9] - The company aims to preserve capital while testing high-priority targets identified by previous operators [9] Industry Context - The surge in gold prices is attracting renewed attention to exploration projects in proven districts, with lower-grade zones becoming economically viable [10] - Nevada is recognized as one of the top mining jurisdictions globally, offering favorable conditions for mining operations [10]