Hot News in this Week
Feb 7, 2025
CanAlaska Uranium (TSXV: CVV) has announced its highest grade intersection yet at the West McArthur project in northern Saskatchewan, with hole WMA076-01 cutting 14.5 meters of 12.2% uranium oxide (U3O8), including 5 meters at 34.38% U3O8, expanding the Pike zone's ultra-high grade footprint by at least 15 meters to the east.
Source: Mining.com
NIC continues to strengthen its position in global nickel market despite challenges, with Q4 EBITDA of $72.4M and 10% interest in HNC HPAL project generating $14.7M in EBITDA, aiming to begin production at Sampala site by early 2026 and well-positioned to benefit from Indonesia's share of global nickel market despite forecasts of surplus for several years due to integrated mine and processing operations providing competitive advantage with cash costs of $18,000-$22,000/t compared to HPAL producers' $5,000-$7,000/t.
Source: Mining.com
According to recent reports, the CK Gold Project in Wyoming has the potential to transform the state's economy by generating hundreds of jobs, stimulating local businesses, and contributing to tax revenues, while also demonstrating that gold mining can coexist with other industries. The project's success could have a profound impact on Wyoming's economy, diversifying its revenue streams and reducing dependence on traditional energy sectors.
Source: Miningfeeds.com
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