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Rockland Resources Secures Driller, Arranges Financing
Thenewswire· 2026-01-09 18:35
Vancouver, British Columbia – TheNewswire - January 9, 2026 - Rockland Resources Ltd. (the “Company” or "Rockland") (CSE: RKL) (OTCQB: BERLF) (FSE: GB2) announces that it has engaged Chibougamau Drilling with a base in Red Lake for the upcoming drill program at the Company’s flagship Cole Gold Mines project located in the prolific Red Lake District, Ontario. Chibougamau Drilling is very familiar with Red Lake having drilled extensively at the very successful Great Bear deposit over the years.The initial dr ...
La Mancha sells down Endeavour Mining stake
MINING.COM· 2026-01-09 16:37
Endeavour Mining has gone from an explorer to a major producer in West Africa. Credit: Endeavour Mining London-based La Mancha Resource Capital is reducing its stake in West Africa-focused gold producer Endeavour Mining (LSE, TSX: EDV) after its shares nearly tripled in value in a year.The finance firm’s Luxembourg-based fund sold 3.5% of Endeavour in a bought deal at C$71.25 per share worth about C$605 million ($437 million), trimming its holding while remaining a major shareholder. The shares closed at C$ ...
Olin Revises Q4 2025 EBITDA Outlook Citing Segment Shortfall
ZACKS· 2026-01-09 16:01
Core Insights - Olin Corporation (OLN) has revised its Q4 2025 adjusted EBITDA outlook to approximately $67 million, down from the previous guidance of $110-$130 million due to a shortfall in its Chlor Alkali Products and Vinyls segment [1][6] Group 1: Financial Performance - The Chlor Alkali Products and Vinyls unit generated revenues of $924 million in Q3, reflecting a year-over-year increase of around 6%, primarily driven by increased volume [3] - The decline in adjusted EBITDA expectations is attributed to operational issues at the Freeport, TX facility, including extended maintenance, unplanned downtime, and lower-than-expected demand for pipeline chlorine [2][6] Group 2: Operational Challenges - The Freeport facility faced significant operational disruptions, including an extended planned maintenance turnaround and interruptions in raw material supply, which negatively impacted performance towards the end of the quarter [2] - The facility has since returned to normal operations, alleviating some of the pressure on the segment [2][6] Group 3: Market Performance - Olin's shares have decreased by 27.3% over the past year, contrasting with a 20% decline in the industry [3] - The company is focusing on safe operations, cost reduction initiatives, and a disciplined value-first commercial approach to improve its performance [2][6]
Omai Gold Grants Incentive Stock Options
TMX Newsfile· 2026-01-09 13:57
Core Viewpoint - Omai Gold Mines Corp. has granted incentive stock options to its Officers, Directors, employees, and consultants, allowing the purchase of up to 10,720,000 common shares at an exercise price of $1.44 per share, with a five-year term and specific vesting schedule [1] Company Overview - Omai Gold Mines Corp. is a Canadian gold exploration and development company focused on expanding its two orogenic gold deposits at the 100%-owned Omai Gold Project in Guyana, South America [3] - The Omai Gold Project is recognized as one of the fastest-growing gold camps in the Guiana Shield [3] - The company reported a 96% increase in the Wenot Gold Deposit's NI 43-101 Mineral Resource Estimate to 970,000 ounces of gold (Indicated) at an average grade of 1.46 g/t Au, and 3,717,000 ounces of gold (Inferred) at an average grade of 1.82 g/t Au [3] - The total global Mineral Resource Estimate at Omai, including the Wenot and Gilt Creek deposits, is now 2,121,000 ounces of gold (Indicated) at an average grade of 2.07 g/t Au, and 4,382,000 ounces of gold (Inferred) at an average grade of 1.95 g/t Au [3] - The Omai Gold Mine produced over 3.7 million ounces of gold from 1993 to 2005 before ceasing operations [3] Current Operations - Three drilling rigs are currently active on the property, focusing on optimizing the upcoming Preliminary Economic Assessment (PEA) and further testing the limits of the Wenot deposit [3] - Additional drilling is planned to explore known gold occurrences for potential near-surface higher-grade satellite deposits [3] - An updated Mineral Resource Estimate and PEA are scheduled for H1 2026 to include the expanded Wenot open pit deposit and the adjacent Gilt Creek underground deposit [3]
Galiano Gold Provides Notice of Fourth Quarter and Full Year 2025 Results
TMX Newsfile· 2026-01-09 13:30
Core Viewpoint - Galiano Gold Inc. is set to release its Q4 and FY 2025 financial and operational results on February 12, 2026, followed by a conference call on February 13, 2026, to discuss these results [1]. Group 1: Financial Results Announcement - The company will announce its Q4 and FY 2025 financial and operational results after market close on February 12, 2026 [1]. - A conference call and webcast will be held on February 13, 2026, at 7:30am PT to review the results [1]. Group 2: Conference Call Details - The conference call will take place at 10:30am ET (7:30am PT) on February 13, 2026, with multiple dial-in options available [2]. - The call will be accessible via a webcast on Galiano's website [2]. Group 3: Company Overview - Galiano Gold Inc. focuses on sustainable business practices aimed at value creation for stakeholders through production, exploration, and disciplined financial resource deployment [3]. - The company owns the Asanko Gold Mine located in Ghana, West Africa, and is committed to high standards in environmental management, social responsibility, and employee health and safety [3].
Rise Gold Announces Delay in Trial Schedule
TMX Newsfile· 2026-01-09 13:00
Grass Valley, California--(Newsfile Corp. - January 9, 2026) - In its September 16, 2025 press release, Rise Gold Corp. (CSE: RISE) (OTCQB: RYES) (the "Company") announced that Nevada County (the "County"), Rise, and the Superior Court of California for the County of Nevada (the "Court") agreed to a schedule that anticipated that oral arguments concerning Rise's Writ of Mandamus (the "Writ") would be held on January 9, 2026. On January 8, the Court on its own initiative delayed the oral arguments until Mar ...
Elemental Royalty Announces Grant of Security-Based Compensation
TMX Newsfile· 2026-01-09 12:30
Vancouver, British Columbia--(Newsfile Corp. - January 9, 2026) - Elemental Royalty Corporation (TSXV: ELE) (NASDAQ: ELE) ("Elemental" or the "Company") is pleased to announce that pursuant to its equity incentive plan, it has granted incentive stock options ("Options"), restricted share units ("RSUs") and deferred share units ("DSUs") to certain officers, directors, employees, and consultants of the Company as follows:Granted an aggregate of 663,339 Options to officers, directors, employees and consultant ...
Dryden Gold Corp. Announces Upsizing of Previously Announced Equity Financing
TMX Newsfile· 2026-01-09 11:45
Core Viewpoint - Dryden Gold Corp. is increasing its non-brokered equity financing, issuing 4,350,000 charity flow-through common shares at a price of $0.425 per share, resulting in gross proceeds of $1,849,185 [1]. Financing Details - The charity flow-through shares (CFT Shares) will qualify as "flow-through shares" under Canadian tax law and "Ontario focused flow-through shares" as defined in the Ontario Tax Act [2]. - No finders' fees will be paid in connection with the offering, which is subject to approval from the TSX Venture Exchange [2]. Use of Proceeds - The gross proceeds from the issuance of CFT Shares will be allocated to eligible resource exploration expenses, qualifying as Canadian exploration expenses and flow-through mining expenditures [3]. - All qualifying expenditures will be renounced in favor of the subscribers for the CFT Shares effective on or before December 31, 2026 [3]. Company Overview - Dryden Gold Corp. is focused on discovering high-grade gold mineralization and is listed on the TSX Venture Exchange, OTCQB, and FSE [6]. - The company controls a 100% interest in a strategic land position in the Dryden District of Northwestern Ontario, which includes historic gold mines with limited modern exploration [6]. - The property hosts high-grade gold mineralization over a potential strike length of 50 km along the Manitou-Dinorwic deformation zone and benefits from excellent infrastructure and relationships with First Nations communities [6].
NOVAGOLD Provides Update on Donlin Gold Infrastructure and Energy Supply With Initial Glenfarne Letter of Intent
Globenewswire· 2026-01-09 06:18
Core Viewpoint - NOVAGOLD Resources Inc. has signed a non-binding Letter of Intent with Glenfarne Alaska LNG for natural gas supply to the Donlin Gold project, which is expected to enhance the project's economic viability and operational efficiency [1][2][3]. Company Overview - NOVAGOLD is focused on developing the Donlin Gold project in Alaska, which is one of the largest and highest-grade undeveloped gold deposits globally, with approximately 39 million ounces of gold in the Measured and Indicated Mineral Resource categories [6][7]. Natural Gas Supply Agreement - The LOI outlines a potential natural gas sales agreement for up to 50 million cubic feet of natural gas per day, aimed at powering the proposed mine and optimizing logistics and costs [2][3]. - Glenfarne's experience in global energy solutions is expected to provide a long-term energy solution for the Donlin Gold project, potentially lowering energy costs for Alaskan consumers [3]. Pipeline Development - The proposed natural gas pipeline will extend 316 miles from an existing pipeline near Beluga, Alaska, to the Donlin Gold mine site, with key federal and state permits already issued [4]. - The Alaska Department of Natural Resources' issuance of the pipeline right-of-way lease has been upheld by the State of Alaska Supreme Court, facilitating the ongoing environmental review process [4]. Feasibility Study Progress - Donlin Gold is advancing the selection of a prime contractor for the Bankable Feasibility Study (BFS), with proposals received from leading engineering firms [5]. - A prime contractor is expected to be selected in the first quarter of 2026, with a detailed timeline and budget for the BFS to be established thereafter [5]. Mineral Resource and Reserve Estimates - The Donlin Gold project is estimated to produce over one million ounces of gold annually over a 27-year mine life once in production, with Proven and Probable Reserves of approximately 8 million tonnes grading 2.32 grams per tonne and 497 million tonnes grading 2.08 grams per tonne, respectively [7][11].
Fortitude Gold starts County Line mine operations, gets permits for Scarlet South
MINING.COM· 2026-01-09 00:29
Haul trucks deliver first mineralization to Isabella Pearl for processing. Image: Fortitude Gold. Fortitude Gold (OTCQB: FTCO) said on Wednesday it commenced operations at its County Line mine and made its first shipment of mineralization to its Isabella Pearl gold processing facility in Nevada. The Colorado-based company owns 100% interest in the Isabella Pearl mine located along a historic mining trend within the Walker Lane Mineral Belt. The property position covers approximately 9,000 acres. County Line ...