Core Viewpoint - Blue Gold Limited has signed a non-binding term sheet to acquire 90% of the Mampon Gold Mine in Ghana, which is expected to enhance its portfolio and provide significant resource growth potential with a premium valuation of $35 per share [1][2][3] Transaction Overview - The acquisition involves Blue Gold acquiring 90% ownership of a Ghana-based company holding the Mampon mining lease, with the Government of Ghana retaining 10% [3][4] - An initial share issuance worth approximately USD 26.25 million will be made to complete the acquisition, based on a share price of USD 35 [3] - Additional payments will be made based on confirmed gold and copper resources, with up to USD 45 per ounce for gold (capped at 6 million ounces) and up to USD 55 per ton for copper (capped at 4 million tons) [3][4] Strategic Acquisition - The Mampon Gold Mine has an estimated 300,000 ounces of Measured & Indicated gold resources and is strategically located 80 km north of Bogoso, benefiting from reliable infrastructure [4] - This acquisition complements Blue Gold's existing operations and aligns with its mission of responsible and sustainable mining while unlocking long-term shareholder value [4][5] Company Profile - Blue Gold Limited is focused on acquiring high-potential mining assets globally and aims to redefine gold production and ownership through innovative monetization models, including asset-backed digital instruments [5][6] - The company emphasizes growth, sustainable development, and operational transparency in its business practices [6]

VANCOUVER, BC, July 15, 2025 /PRNewswire/ - Western Copper and Gold Corporation ("Western" or the "Company") (TSX: WRN) (NYSE American: WRN) is pleased to provide an update on its Environmental and Socio-economic Effects Statement ("ESE Statement") submission for the Casino Project (the "Project").The ESE Statement incorporates extensive technical work, including environmental and socio-economic baselines studies and assessments. Western is pleased with the progress to date and the level of consultation ach ...

Core Points - Blue Lagoon Resources Inc. has officially opened its Dome Mountain Gold Mine Project, which recently received its mining permit, making it one of only nine mining permits granted in British Columbia in the past decade [1][11] - The project is notable for being a high-grade, road-accessible gold project that has reached production-ready status in recent years [1] - The opening ceremony was attended by over 100 guests, including dignitaries and representatives from various governmental agencies, highlighting the project's significance for the region [2][3] Company Overview - Blue Lagoon Resources is a Canadian publicly listed mining company focused on developing its 100% owned Dome Mountain Gold project, with a goal of becoming a cash-flowing mining company [11] - The company achieved a key milestone by obtaining a full mining permit in February 2025, which is one of only nine such permits issued in British Columbia since 2015 [11] - The company is now preparing for the start of gold production, targeting Q3 2025 [11] Project Details - The Dome Mountain Gold Mine Project features a state-of-the-art water treatment plant capable of treating over six times the current needs at the site, ensuring long-term environmental resilience [5] - Pre-production work is set to begin next week, with mining expected to commence immediately after the completion of the biological ramp-up phase of the Moving Bed Biofilm Reactor (MBBR) system, which is anticipated to take about four weeks [6][10] - The project has a strong technical team and strategic partnerships, including a long-term toll milling agreement with Nicola Mining [7][8] Community and Cultural Engagement - The opening ceremony included participation from the Lake Babine Nation, showcasing a commitment to cultural heritage and collaboration with local communities [4][5] - The presence of Hereditary Chiefs and Guardians from the Lake Babine Nation during the ceremony emphasized the importance of respectful collaboration in the mining process [4][5]

Core Viewpoint - The Government of Ecuador has granted an environmental license for the Loma Larga project, marking a significant milestone for Dundee Precious Metals (DPM) and presenting a future growth opportunity with strong potential returns for investors [1][2][3]. Environmental License and Compliance - The environmental license was issued by the Ministry of Environment, Water and Ecological Transition on June 23, 2025, following a rigorous government process to ensure compliance with Ecuadorian standards [2]. - DPM's commitment to high environmental standards aligns with its proven development practices and international best practices [2][4]. Project Development and Community Engagement - DPM is preparing for formal negotiations regarding the exploitation agreement for the Loma Larga project [2]. - The company emphasizes responsible mining practices, focusing on environmental stewardship and water management, which includes minimizing the project's footprint and maximizing the recycling of processed water [4][8]. - DPM has engaged in proactive collaboration with local communities and government authorities since acquiring the project in 2021, aiming to foster strong relationships and invest in local workforce development [6][7]. Water Management and Environmental Stewardship - The project design includes wastewater treatment and storage facilities, fully lined tailings, and contact water storage ponds, adhering to both International Finance Corporation and Ecuadorian standards [9]. - DPM's approach to water management prioritizes the responsible use of water resources, minimizing freshwater use and ensuring the recycling of processed water [8][10]. Feasibility Study Update - An updated feasibility study for the Loma Larga project was completed in Q2 2025, reflecting current gold price conditions and revised capital and operating cost estimates, with results to be disclosed in due course [11]. Company Overview - Dundee Precious Metals Inc. is a Canadian-based international gold mining company with operations in Bulgaria, Serbia, and Ecuador, aiming to become a mid-tier precious metals company through sustainable and efficient gold production [12].

MONTREAL, June 16, 2025 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce the appointment of Ms. Susan Craig as independent director to the Company's board of directors effective immediately. "We are very pleased to welcome Susan to our board of directors," commented Sean Roosen, Founder, Chairman and CEO. "Susan brings a wealth of experience in environmental stewardship, Indigenous and community engagement, and permitting acro ...

Core Viewpoint - Silvercorp Metals Inc. has filed its fiscal 2025 annual report on Form 40-F with the U.S. Securities and Exchange Commission, which includes audited financial statements and management's discussion [1][2] Company Overview - Silvercorp is a Canadian mining company engaged in the production of silver, gold, lead, and zinc, with a strong history of profitability and growth potential [3] - The company's strategy focuses on generating free cash flow from long-life mines, organic growth through extensive drilling, ongoing merger and acquisition efforts, and a long-term commitment to responsible mining and ESG [3]

Core Insights - Endeavour Silver Corp. reported positive drill results from its Pitarrilla project in Durango, Mexico, indicating high-grade silver, zinc, and lead mineralization, which enhances confidence in upgrading existing mineral resources [1][22]. Drill Results - Significant drill results from the Danna vein include a wide mineralized interval of 7.4 meters with grades of up to 1,127 grams per tonne (gpt) silver, 1.40% lead, and 4.36% zinc, translating to 1,319 gpt silver equivalent (AgEq) over 2.08 meters estimated true width (ETW) [7]. - Drill hole BPU-022 intersected 247 meters of apparent width with 254 gpt AgEq, with true width estimated at approximately 400 meters wide and up to 100 meters high in some areas [10][15]. - The Manto Pitarrilla structure showed high-grade intervals, including 2,680 gpt silver, 24.03% lead, and 18.90% zinc for 3,987 gpt AgEq over 0.60 meters in hole BPU-022 [4][15]. Geological Context - The Pitarrilla deposit consists of three mineralized domains and at least four identified sulphide mineralized veins, with structures extending from below marine sediments through Manto Pitarrilla into upper volcanics [5][6]. - The geological re-logging of historical drill core has improved understanding of the deposit's geology and mineralization controls, focusing on high-grade feeder structures believed to be the main conduits for mineralization [22][23]. Project Overview - The Pitarrilla project is a large undeveloped silver, lead, and zinc project located 160 kilometers north of Durango City, covering 4,752 hectares across five concessions, with significant infrastructure and key permits already in place for underground mining and development [24].

VANCOUVER, British Columbia, May 20, 2025 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the "Company" or "Calibre") is pleased to announce the publication of its fifth annual Sustainability Report, highlighting another year of strong economic performance and continued leadership in responsible mining practices. Darren Hall, President and Chief Executive Officer of Calibre, stated: “2024 was a transformative year for Calibre. We continued to deliver strong results while laying the found ...

Core Viewpoint - Endeavour Silver Corp. reported strong financial and operational results for Q1 2025, driven by higher realized prices for silver and gold, despite a decrease in production volumes [2][4]. Financial Overview - Silver ounces produced decreased by 17% to 1,205,793 ounces compared to Q1 2024, while gold ounces produced fell by 18% to 8,338 ounces [4][10]. - Revenue remained relatively stable at $63.5 million, a slight decrease of 0% from $63.7 million in Q1 2024, despite a 30% drop in silver ounces sold [4][10]. - The realized silver price increased by 36% to $31.99 per ounce, and the realized gold price rose by 37% to $2,903 per ounce [4][10]. Production and Operating Costs - Cash costs per silver ounce rose by 20% to $15.89, while all-in sustaining costs increased by 14% to $24.48 per ounce [4][9]. - Direct operating costs per tonne increased by 6% to $142.72, attributed to lower throughput [8][10]. Earnings and Cash Flow - The company reported a net loss of $32.9 million for the quarter, a significant increase from a loss of $1.2 million in Q1 2024 [6][13]. - Mine operating cash flow before working capital changes was $8.3 million, down 18% from the previous year [5][10]. Liquidity and Investments - Endeavour maintained a strong liquidity position with cash of $64.7 million and working capital of $14.8 million [5][10]. - The company completed the acquisition of Minera Kolpa and closed a $50 million equity financing to fund this acquisition [5][10]. Future Outlook - The company is well-positioned for sustainable growth with the addition of the Kolpa project and the upcoming Terronera project [2][5].

Core Insights - Burgundy Diamond Mines Limited released its 2024 Socio-Economic Report, showcasing achievements in safety, operations, and social impact related to the Ekati Diamond Mine [1][2][3] Group 1: Socio-Economic Contributions - The company contributed $5.1 million across Canada's North through Impact Benefit Agreement payments, community donations, and sponsorships [8] - Employed 1,242 individuals, including 700 employees and 542 contractors, with 28% being northern residents, of which 60% were northern Indigenous [8] - Spent $431 million on business expenditures, with 68% allocated to Indigenous partners and other northern businesses; Indigenous spending accounted for 49% of total expenditures [8] Group 2: Operational Achievements - Burgundy Diamond Mines solidified its position as the largest G7 producer of natural diamonds, supplying 4% of global rough diamonds [8] - Achieved a milestone of 100 million carats mined over 26 years of ongoing production at the Ekati Diamond Mine [8] Group 3: Commitment to Responsible Mining - The report emphasizes the company's commitment to responsible mining and maintaining collaborative relationships with northern stakeholders and the government [3] - The company aims to manage its environmental footprint and govern its business in a transparent, ethical, and accountable manner [3][11]