Hot News in this Week
Feb 14, 2025
New Gold has announced an extension of the life of its Rainy River mine in Ontario and New Afton mine in British Columbia through new technical growth projects invested in recent years, reporting a 15% increase in copper reserves and a 13% increase in gold reserves. This growth, along with a 27% rise in tonnage at the C-Zone of New Afton, is expected to generate significant free cash flow over the next three years.
Source: Mining.com
Power Nickel (TSXV: PNPN) has priced its private placement at C$2.83 per share, raising approximately C$40 million ($28 million) for its Nisk nickel-copper-platinum group metals project in Québec, with about 14.14 million Québec flow-through shares being issued.
Source: Mining.com
U.S. Gold Corp. (NASDAQ: USAU) plans to develop the Keystone Gold Project in Nevada, which boasts 20 square miles of highly prospective land and has the potential to unlock major economic and geological opportunities for both the company and the state's mining industry.
Source: Miningfeeds.com
The rest of this article is reserved for signed-in users.
Sign in or create your free account to read the full article.
Disclaimer: This content is generated by AI and may contain errors. We encourage you to verify any information presented.