Due to strong investor interest, Yukon-focused critical minerals explorer Fireweed Metals' (TSXV: FWZ; OTC: FWEDF) says it will increase its previously announced financing to about $35 million.Earlier in the week, the company formerly known as Fireweed Zinc announced a private placement to raise aggregate proceeds of $27.5 million. The financing consists of three parts: 28.3 million common shares...Read More
Barrick Gold (NYSE: GOLD; TSX: ABX) will hear next week whether it can proceed with its US$7-billion Reko Diq copper-gold project in Pakistan, close to the borders of Iran and Afghanistan.The country's Supreme Court, which has been tasked with ensuring the project is in line with Pakistan's constitution and laws, finished its due diligence on Wednesday. The final verdict, however, won't be announc...Read More
Petra Diamonds (LSE: PDL) said on Wednesday its Williamson mine in Tanzania would not resume production before the middle of 2023, following the partial collapse of a tailings storage facility (TSF) earlier this month. The company said the decision comes after an assessment by a team of experts which concluded there is a low risk of further failures of the mine's TSF. They also warned of a poss...Read More
Investing in physical gold and silver bullion holds a secret and powerful benefit... one that both creates a hedge and builds a foundation for wealth accumulation.But I'll tell you now that it's not an equal benefit. It's something that can financially help some people much more than others.In fact, some investors are going to call this "benefit" a disadvantage. And, for them, they wouldn't be wro...Read More
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Share this article VANCOUVER - Paramount Gold Nevada Corp. (PZG-NYSE American) said Tuesday the Federal Bureau of Land Management (BLM) has accepted the plan of operations for the proposed high-grade underground Grassy Mountain gold mine in eastern Oregon as complete.With completeness, Paramount said the BLM will issue a notice of intent, thereby initiating the Environmental Impact Statement proc...Read More