Borealis Mining has begun mobilising mining equipment at the Borealis Gold Mine in Nevada, US, as the company edges closer to resuming gold operations. Heavy machinery, production drill rigs and other support equipment is currently being stationed on-site in preparation for the initial phase of mining activities. The company has contracted Ledcor CMI, a North American operator with experience in open-pit mining, to lead the project. Ledcor's responsibilities cover mine development, production drilling ...

Company Overview - Agnico Eagle Mines Limited (NYSE:AEM) is a gold mining company that explores for and produces precious metals, including gold, silver, zinc, and copper [2]. Investment Insights - Jim Cramer recently highlighted AEM as his favorite gold company during a discussion about various stocks, indicating strong confidence in its performance [1]. - Cramer compared AEM favorably to Newmont, stating he prefers Agnico Eagle over Newmont, although he acknowledged Newmont's strengths [2]. Market Position - AEM is part of a diversified portfolio that includes significant positions in sectors such as aerospace, machinery, and semiconductors, showcasing its relevance in a broader investment context [1].

Core Insights - Questcorp Mining Inc. and Riverside Resources Inc. reported high-grade mineralization results from the La Union Project in Sonora, Mexico, including 20.2 g/t gold and 226 g/t silver over a 30 m continuous chip channel sample [1][3][4] - The Phase I exploration program has successfully supported the Carbonate Replacement Deposit (CRD) model and identified new sediment-hosted gold mineralization at the Luis Hill target [3][4][21] Exploration Results - The 30 m continuous chip channel sampling at the Union Mine area returned significant grades of 20.2 g/t gold, 226 g/t silver, and 2.7% zinc, indicating strong mineralization potential [1][7][8] - The total gold and silver represented by the sampling is 600 gram-metres gold and 6,780 gram-metres silver, reinforcing the project's viability [4][7] - The drilling program intersected CRD-style mineralization with favorable indications of zinc, silver, gold, and lead, consistent with historical mining in the region [7][19] Geological Context - The La Union Project's geological model is based on the South32 Taylor deposit, with drilling intersecting gold, zinc, and silver indications that suggest a major discovery potential [28] - The Luis Hill target has revealed previously unrecognized Carlin-like sediment-hosted gold mineralization, with a significant interval of 42 m at 0.3 g/t gold [20][21] Future Plans - The companies plan to organize a Phase 2 exploration program in H1 2026, focusing on follow-up drilling and additional geophysical and geochemical studies [30][31] - The encouraging results at both the Union Mine and Luis Hill warrant significant further exploration and drilling efforts [30][31] Company Background - Questcorp Mining Inc. is focused on acquiring and exploring mineral properties in North America, with a particular emphasis on precious and base metals [34] - The company holds an option to acquire a 100% interest in the La Union project, which spans 2,520.2 hectares in Sonora, Mexico [34]

Core Insights - Formation is conducting a fully funded 30,000-metre drill program at its N2 Gold Project in Quebec, which has a historic resource of approximately 871,000 ounces of gold [1] - The project includes 18 million tonnes grading 1.4 g/t Au (approximately 810,000 ounces) across four zones and 243,000 tonnes grading 7.82 g/t Au (approximately 61,000 ounces) in the RJ zone [1] - The Phase 1 drill program has been expanded to about 14,000 metres based on positive fieldwork results, including significant intervals comparable to historical drilling [1] Drilling Results - Significant intervals include N2-25-008, which intercepted 208.8 metres of target mineralization starting at 28.6 metres downhole, with multiple intervals exceeding 40 metres in width, including a maximum of 70.0 metres [1] - One notable interval, 245-91-151, intercepted 1.7 g/t Au over 35.0 metres, indicating strong mineralization potential [1]

Core Insights - The VanEck Gold Miners ETF (GDX) and the SPDR Gold MiniShares Trust (GLDM) respond differently to gold prices, catering to distinct investment strategies [2][9] Cost and Size Comparison - GDX has an expense ratio of 0.51% and GLDM has a lower expense ratio of 0.10%, making GLDM more attractive for cost-conscious investors [3][4] - As of January 20, 2026, GDX has a one-year return of 181.64% compared to GLDM's 75.86% [3] - GDX has assets under management (AUM) of $25.8 billion, while GLDM has AUM of $25.29 billion [3] Performance and Risk Analysis - Over five years, GDX experienced a maximum drawdown of -46.52%, while GLDM had a maximum drawdown of -20.92% [5] - An investment of $1,000 in GDX would grow to $2,587 over five years, compared to $2,427 for GLDM [5] Portfolio Composition - GLDM is structured to reflect the price of physical gold, providing pure-play gold exposure without the volatility associated with mining companies [6] - GDX invests exclusively in gold mining companies, which introduces additional risks related to company performance and management [7] Investment Implications - GLDM is suitable for investors seeking direct exposure to gold prices with less volatility, while GDX offers potential for higher returns through mining company performance [10][12] - The performance of GDX can diverge from gold prices due to operational risks and market sentiment, making it more volatile [11]

甘肃省公共资源交易权益类电子交易系统近日发布成交信息，经过长达15天、共计2025轮的激烈竞价， 金川集团铜贵股份有限公司最终以63.87亿元（含前期投入）成功竞得玉门市前红泉金矿详查探矿权， 创下了甘肃省金属矿种产权交易的最高成交纪录。 此次引发激烈角逐的标的资源禀赋突出。资料显示，玉门市前红泉金矿已探获金资源量超40吨，规模相 当于两个大型金矿，属于高品位优质资源。 "十四五"以来，甘肃省在新一轮找矿突破战略行动中成果显著。通过设立专项领导小组、统筹投入勘查 资金47.1亿元，全省累计新发现包括泾川铀矿、前红泉金矿在内的大中型矿产地35处。矿产资源交易市 场也随之活跃，2025年呈现出"两升一降"的良性态势：参与单宗矿权竞价的平均企业数量同比提升2.4 倍，市场综合溢价率提升3.3倍，而矿物流拍率则显著下降23个百分点。 本次交易的背后，是全球黄金市场的历史性强势表现。国际金价在2025年涨幅超过70%，创下自1979年 以来的最强年度表现。在金价持续突破关键整数关口、长期看涨预期强烈的宏观背景下，国内外资本对 上游优质黄金资源的争夺日趋激烈。 资讯编辑：王芳琴 021-66896877 资讯监督：乐卫扬 ...

Financing Details - Sixty North Gold Mining Ltd. plans to close a non-brokered financing of 6,000,000 units at an offering price of $0.25 per unit, aiming for gross proceeds of $1,500,000, subject to CSE approval [1] - Each unit consists of one common share and one-half of a non-transferable common share purchase warrant, with each whole warrant exercisable at $0.30 for one year from the closing date [2] - Finders will receive fees totaling $51,000 in cash and 204,000 finders warrants, with the same terms as the warrants [3] Use of Proceeds - Proceeds from the offering will be allocated for further exploration and development of the Mon Gold Property in NWT, as well as for general working capital requirements [3] Company Overview - Sixty North Gold is developing mining operations for gold on its 100% owned Mon Gold Project, which previously extracted 15,000 tonnes of ore, recovering an estimated 15,000 ounces of gold in the 1990s [4] - The North Ramp has been reopened and extended to target portions of the vein, with plans to develop stopes in the East Limb, West Limb, and DD Zone to support a 100 tpd gravity-flotation mill [4] Additional Exploration Potential - The Mon Gold Property has additional gold, silver, and base metal targets that will be explored and developed as warranted [5] - The Yellowknife gold camp has a history of significant gold production, with two mines averaging 30 grams per tonne (gpt) gold or better, contributing to a total production of over 14 million ounces of gold [5]

Market Overview - The stock market experienced rapid rotation of hot sectors, with over 3,000 stocks rising, while the total trading volume in the Shanghai and Shenzhen markets was 2.6 trillion yuan, a decrease of 177.1 billion yuan compared to the previous trading day [1] Company Performance - Tianfu Communication (300394) expects a net profit of 1.881 billion to 2.150 billion yuan for 2025, representing a year-on-year growth of 40% to 60%, driven by the acceleration of the AI industry and global data center construction [2] - Zhite New Materials (300986) announced a stock price increase of 211.27% from January 5 to January 21, 2026, leading to a halt for review due to significant deviation from fundamentals [3] - Dajin Heavy Industry (002487) forecasts a net profit of 1.05 billion to 1.20 billion yuan for 2025, with a year-on-year increase of 121.58% to 153.23%, attributed to rapid growth in overseas offshore wind power projects [3] - Demingli (001309) anticipates a net profit of 650 million to 800 million yuan for 2025, reflecting an increase of 85.42% to 128.21%, supported by advancements in storage solutions and improved sales margins due to AI demand [4] External Market Influence - The US stock market saw all three major indices rise by over 1%, with the Dow Jones up 1.21%, Nasdaq up 1.18%, and S&P 500 up 1.16%, indicating a strong performance in storage concept stocks [5]

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Jan. 21, 2026 (GLOBE NEWSWIRE) -- ExGen Resources Inc. (TSX.V: EXG; OTC: BXXRF) (“ExGen” or the “Company”) is pleased to provide an update regarding the letters of intent (the “LOIs”) to purchase silver streams announced on December 17, 2025 and December 24, 2025. ExGen has signed a Silver Stream Agreement dated December 30, 2025 (the “Silver Stream Agreement”) with Sol de Oro Minin ...

Core Viewpoint - Aris Mining Corporation reported a significant increase in gold production for 2025, achieving 256,503 ounces, a 22% rise from 2024, and anticipates further growth in 2026 with production expected to reach between 300,000 and 350,000 ounces driven by expansions at Segovia and Marmato [1][3][9]. Production Highlights - In 2025, Aris Mining produced 256,503 ounces of gold, exceeding the guidance midpoint of 230,000 to 275,000 ounces [7]. - The second half of 2025 saw a 26% production growth, attributed to the expansion at Segovia and consistent performance at Marmato [3]. - Fourth quarter production totaled 69,852 ounces, with Segovia contributing 63,137 ounces and Marmato 6,715 ounces [4][6]. Future Production Guidance - For 2026, consolidated gold production is projected to be between 300,000 and 350,000 ounces, with a significant portion expected in the second half of the year [9][10]. - Segovia's production is anticipated to increase to between 265,000 and 300,000 ounces, while Marmato is expected to contribute between 35,000 and 50,000 ounces [10][13]. - The new carbon in pulp (CIP) plant at Marmato is expected to commence production in Q4 2026, enhancing overall output [13]. Operational Insights - The Segovia mill expansion, completed in June 2025, has been a key driver for increased production [15]. - The company plans to operate the new CIP plant at a design capacity of 5,000 tonnes per day by the end of 2027, with initial processing expected to start at approximately 3,000 tonnes per day [13]. - Development of the new underground decline to the Bulk Mining Zone at Marmato is 45% complete and is scheduled for completion in Q3 2026 [13]. Financial Position - As of December 31, 2025, Aris Mining reported a cash balance of over US$390 million, net of US$60 million used for the acquisition of the remaining 49% interest in Soto Norte [7].