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Giant Mining Corp. Contracts UAS Inc. to Conduct Underground LiDAR Survey at Majuba Hill, Nevada
Thenewswire· 2026-03-27 23:00
VANCOUVER, BC — TheNewswire – March 27, 2026 — Giant Mining Corp. (CSE: BFG | OTC: BFGFF | FWB: YW5 | CSE: BFG.WT.A | CSE: BFG.WT.B.) (“Giant Mining” or the “Company”) is pleased to announce that it has engaged Unmanned Aerial Services Inc. (“UAS Inc.”) to complete a high-resolution underground LiDAR survey at its Majuba Hill Copper-Silver-Gold Project (“Majuba Hill”) in Pershing County, Nevada.The LiDAR survey will be conducted by UAS Inc.’s U.S.-based team operating out of Montana, with fieldwork current ...
Giant Mining Expands 2026 Drill Program to 10,000 Feet Using AI-Assisted Geological Targeting at Majuba Hill
Thenewswire· 2026-03-20 21:30
Core Viewpoint - Giant Mining Corp. has updated its 2026 drill program to include two deep diamond drill holes at the Majuba Hill Copper-Silver-Gold Project, utilizing integrated geological data and A.I.-assisted targeting tools to explore high-priority targets at depth [1][3]. Exploration Program - The drill program will consist of up to 10,000 feet of core drilling, with the two deep drill holes strategically positioned based on integrated datasets, including historical drilling and geological modeling [1][2]. - Deep Drill Hole 1 targets a newly defined breccia body identified from recent surface mapping and soil sampling, while Deep Drill Hole 2 aims to assess mineralization potential beneath historical underground mine workings [5]. Geological Insights - The Majuba Hill system has over 100 historical drill holes totaling approximately 89,000 feet, indicating a long history of copper production and exploration [7]. - The 2026 exploration program builds on previous work, identifying multiple mineralized breccia bodies associated with hydrothermal-magmatic systems as priority targets for further drilling [7]. Infrastructure and Location - Majuba Hill is located in Nevada, a top-ranked mining jurisdiction, covering 9,684 acres and benefiting from strong local infrastructure, which provides significant cost advantages [15]. - The project is accessible via well-maintained county roads and is situated 156 miles (251 km) from Reno, Nevada [15]. Company Strategy - The company is focused on advancing the Majuba Hill project through systematic drilling and technical evaluation, with a commitment to responsible exploration and long-term shareholder value [21]. - The company has secured funding for its next phase of drilling, indicating a well-financed exploration program [15]. Market Engagement - The company has entered into an extension agreement with Gold Standard Media for advertising and investor awareness services, with a budget of up to USD 450,000 [16][17].
Crude Oil Gains Over 1%; VEON Shares Spike Higher
Benzinga· 2026-03-13 17:01
Market Performance - U.S. stocks traded mostly lower, with the Nasdaq Composite falling more than 100 points on Friday, while the Dow increased by 0.03% to 46,691.58, the NASDAQ decreased by 0.71% to 22,153.27, and the S&P 500 dropped by 0.31% to 6,651.81 [1] - European shares were higher, with the eurozone's STOXX 600 rising by 0.7%, Spain's IBEX 35 Index increasing by 0.8%, London's FTSE 100 up by 0.6%, Germany's DAX gaining 0.7%, and France's CAC 40 rising by 0.4% [4] - Asian markets closed lower, with Japan's Nikkei 225 falling by 1.16%, Hong Kong's Hang Seng index down by 0.98%, China's Shanghai Composite slipping by 0.82%, and India's BSE Sensex dipping by 1.93% [5] Sector Performance - Utilities shares climbed by 1.2% on Friday, while communication services stocks fell by 1.2% [1] Commodities - In commodity news, oil traded up by 1.2% to $96.91, while gold traded down by 1.5% at $5,046.80, silver decreased by 5.9% to $80.11, and copper fell by 1.8% to $5.7680 [3] Economic Indicators - The Personal Consumption Expenditures (PCE) price index rose by 2.8% year over year in January, down from 2.9% in December and below expectations for an unchanged reading [2]
Norsement Targets Filing Environmental Impact Declaration In December 2026
Insider Monkey· 2026-03-02 17:31
Core Viewpoint - Norsemont Mining Inc. is advancing its Choquelimpie gold-silver-copper project in northern Chile by engaging DAES Consultores to complete an Environmental Impact Declaration (EID) by December 2026, which is crucial for regulatory approvals and future project development [2][6]. Group 1: Project Development - The EID will focus on various environmental assessments, including biological characterizations, cultural heritage characterization, air quality modeling, and hydrological studies, among others [4][5]. - The company plans to conduct multiple assessments between March and November 2026 as part of the EID process [4]. Group 2: Management and Team - Carolina Morgan, head of Environmental Permitting, is leading the internal environmental team and coordinating with DAES for the EID [3]. - CEO Marc Levy expressed optimism about the regulatory process and the potential for transformative developments in the company's operations, including processing existing stockpiles and expanding resource drilling [6]. Group 3: Resource Estimates - The Choquelimpie project has an indicated mineral resource estimate of 1,731,000 gold ounces and 33,233,000 silver ounces, with an inferred resource of 446,000 gold ounces and 7,219,000 silver ounces [7]. - The project includes significant existing infrastructure, such as roads, power, water, and a 3,000-tonne-per-day mill, which supports its development potential [7].
Norsemont Targets Filing Environmental Impact Declaration in December 2026
Accessnewswire· 2026-03-02 14:00
Core Viewpoint - Norsemont Mining Inc. has engaged DAES Consultores to complete an Environmental Impact Declaration for its Choquelimpie project in Chile by December 2026, aiming to facilitate regulatory processes for future development [1] Company Summary - Norsemont Mining Inc. is focused on the Choquelimpie gold-silver-copper project located in northern Chile [1] - The Environmental Impact Declaration will assist the company in navigating the regulatory pathway for project development [1]
截至2月25日 全球最大白银ETF——iShares Silver Trust的白银持仓量为16079.74吨
Xin Hua Cai Jing· 2026-02-25 23:25
Group 1 - The fund has net assets amounting to $46,877,810,366 as of February 25, 2026 [2] - The fund was established on April 21, 2006, and is classified under the commodity asset class [2] - The fund is traded on the NYSE Arca and is benchmarked against the LBMA Silver Price [2] Group 2 - As of February 25, 2026, the fund has 570,500,000 shares outstanding and holds 16,079.74 tonnes of silver in trust [2] - The indicative basket amount is reported at 45,294.40, with a closing price of $79.08 as of February 24, 2026 [2] - The fund's premium/discount is -0.93% as of February 25, 2026, indicating a slight discount to the net asset value [2] Group 3 - The 30-day average volume of the fund is 151,526,735, with a daily volume of 56,012,584 as of February 24, 2026 [2] - The 30-day median bid/ask spread is recorded at 0.01%, reflecting low trading costs [2]
Giant Mining Re-Engages ExploreTech for AI-Driven 2026 Drill Targeting at Majuba Hill Copper-Silver-Gold Project in Nevada
Thenewswire· 2026-02-06 21:05
Core Insights - Giant Mining Corp. has re-engaged Exploration Technologies Inc. to utilize AI-driven subsurface modeling for drill targeting at the Majuba Hill Copper-Silver-Gold Project in Nevada, enhancing exploration efficiency and mineralization targeting [1][4][8]. Geological Advancements - Recent fieldwork at Majuba Hill has identified eight to ten high-grade breccia pipes, significantly improving the geological understanding and potential tonnage of the project [2]. - The breccia pipes are linked to concealed intrusive bodies, which are crucial for mineralization, and accurate modeling of these intrusions is expected to enhance drill targeting [3]. Strategic Importance - The advancement of Majuba Hill aligns with the U.S. focus on securing domestic sources of critical minerals, with copper and silver being vital for electrification and infrastructure [4]. - Nevada is recognized as a mining-friendly jurisdiction, which supports the strategic importance of the Majuba Hill project [4][19]. AI-Driven Exploration - ExploreTech will deploy its Engine AI platform to model potential locations of buried intrusive sources, allowing for more informed drilling decisions [8][9]. - The AI approach combines surface geology with geophysical data to optimize targeting of concealed mineralization, generating thousands of potential subsurface models [11][12]. Upcoming Drilling Program - ExploreTech is expected to deliver drill targeting results by the end of March 2026, aiding in the planning and execution of the upcoming drilling program [9]. - The integration of AI-driven modeling with historical datasets is anticipated to unlock additional value at the Majuba Hill project [10]. Project Characteristics - Majuba Hill spans 9,684 acres and is located in a top-ranked mining jurisdiction, with existing infrastructure providing significant cost advantages [19][20]. - The project has a history of production and shows indications of a large mineralized body, with expansion potential in all directions [20][23].
X @CryptoJack
CryptoJack· 2026-01-29 12:35
THE ONLY CHINESE SILVER ETF IS CURRENTLY TRADING IN CHINA AT A 40% PREMIUM TO THE U.S. https://t.co/P4MgDncI6X ...
Silver Soared 144% in 2025. History Says It Could Crash in 2026.
Yahoo Finance· 2026-01-27 12:20
Group 1 - The precious metals sector, particularly silver, has seen significant price increases, with silver prices up 240% over the past year due to supply constraints in China and political uncertainty in the U.S. [1] - Silver prices have crossed $100 per ounce for the first time, driven by geopolitical turmoil and uncertainty regarding the U.S. dollar as a safe asset [2] - The dollar index has declined by almost 10% in the past year, indicating a potential withdrawal of investors from the U.S. [3] Group 2 - Rising deficit spending and concerns about central bank independence are contributing to a loss of faith in the U.S. dollar, exacerbated by political pressure on the Federal Reserve [4] - China has announced export restrictions on silver, limiting eligible exporters, which has created fear in financial markets, although the real-world impact has been minimal [5] - Historical patterns show that silver has experienced several speculative rallies followed by crashes, with the most recent boom occurring in 2011 [9]
2026 全球策略会议-大宗商品展望-Global Strategy Conference 2026 — Commodities Outlook
2026-01-13 02:11
Summary of Key Points from the Conference Call Industry Overview - The report focuses on the **Global Commodities Outlook**, particularly in the context of the **energy sector**, including oil, natural gas, and precious metals like gold and silver [1][3][16][25]. Core Insights and Arguments Oil Market - **Price Trends**: Oil prices are trending down due to strong supply driving stock builds, with a limited decline of only **0.7 million barrels per day (mb/d)** in sanctioned production expected by the end of 2027 [3][6]. - **Geopolitical Risks**: Despite the price decline, geopolitical risks remain a significant factor influencing the oil market [13]. - **US Policy Focus**: US policymakers are concentrating on affordability, with statements indicating a desire to lower gasoline prices to **$2 per gallon** and crude oil prices to **$50 per barrel** [10]. Gold Market - **Price Forecast**: A rise in gold prices to **$4,900 by December 2026** is anticipated, driven by central banks and investors competing for limited bullion [16]. - **Portfolio Impact**: Each **1 basis point (bp)** increase in gold's share of US financial portfolios is estimated to lift the gold price by approximately **1.4%** [19]. Natural Gas Market - **Oversupply Expectations**: The global LNG market is expected to be oversupplied, which will sharply reduce European and Asian prices relative to US gas prices [28]. - **Price Reduction**: The largest LNG supply wave is projected to reduce TTF prices by nearly **35% by mid-2027** [52]. Copper and Aluminum Market - **Pricing Dynamics**: The copper market is experiencing significant price overshooting, with a forecast indicating that the copper-aluminum price ratio will reach new highs due to supply constraints and increased demand from electrification [34][52]. - **Long-Term Outlook**: Copper is expected to face a more price-supportive setup compared to aluminum in the long term [38]. Power Market - **Capacity Additions**: US data center capacity additions are reaching new highs, leading to increased risks of spikes in local power prices due to geographical concentration [41]. - **Spare Capacity Trends**: A decrease in power spare capacity is expected in the US, while an increase is anticipated in China [44]. Additional Important Insights - **Commodity Supply Concentration**: There is an increasing use of commodity supply concentration as leverage in market dynamics [31]. - **Investment Recommendations**: The report includes top trade recommendations for 2026, such as long positions in gold and copper, and short positions in Brent oil and European natural gas [51]. This summary encapsulates the critical insights and forecasts from the conference call, providing a comprehensive overview of the current state and future expectations of the commodities market.