Premier American to buy Nuclear Fuels in $31M deal
Premier American Uranium (TSXV: PUR, US-OTC: PAUIF) agreed to buy Nuclear Fuels (CSE: NF; US-OTC: NFUNF) to create one of the largest U.S. uranium explorers. Nuclear Fuels stock soared. Nuclear…
Articles by FREDERIC TOMESCO
Aya Gold jumps on new Boumadine drill results
Aya Gold & Silver (TSX: AYA; US-OTC: AYASF) reported high-grade assays from its Boumadine polymetallic project in Morocco while extending mineralization. The stock surged. Highlight hole BOU-DD25-509 in the Imariren…
Meta, Constellation power deal may help uranium miners: analysts
Facebook owner Meta’s 20-year deal with Constellation Energy (Nasdaq: CEG) to buy output from its Clinton nuclear plant in central Illinois bolsters the long-term case for uranium producers, analysts said….
Defense Metals eyes $250M loan for BC rare earths
Defense Metals (TSXV: DEFN) said Export Development Canada could lend up to $250 million (C$342 million) to help the company develop and build its main Wicheeda rare earth project in British Columbia. The…
XXIX refocuses Opemiska copper resource in Quebec
XXIX Metal (TSXV: XXIX; US-OTC: QCCUF) downgraded its Opemiska project resource in northern Quebec and said the deposit covers less ground than previously thought. The indicated pit-constrained resource is 62.7…
Eramet extends fall on Gabon manganese export ban
Shares of French miner Eramet fell for a second day after Gabon said it would prohibit the export of manganese ore starting in 2029 in a bid to create a homegrown processing…
Teck halts Chile copper mine for one month
Teck Resources (TSX: TECK.A; NYSE: TECK) said a mechanical issue at its Carmen de Andacollo open-pit mine in Chile will force production to be halted for about a month. The…
Platinum seems near price surge: Sprott
Platinum may be on the cusp of a sustained price rise amid forecasts for reduced inventories and a third straight year of supply scarcity, Sprott Asset Management says in a…
Frontier feasibility lifts PAK lithium reserves by 37%
Frontier Lithium (TSXV: FL; US-OTC: LITOF) said a definitive feasibility study for the $943-million capex PAK project in northern Ontario boosted reserves by 37%. The study, which calculates a net present…
OBITUARY: Tech innovator Dengler took Dynatec to global stage
Longtime mining industry executive W. R. “Bob” Dengler, an engineer who built Canadian startup Dynatec into one of the country’s biggest mine contractors and operators, has died. He was 84….
First Majestic boosts Navidad’s gold-silver deposit
First Majestic Silver (TSX, NYSE: AG) expanded the high-grade mineralization of its Navidad deposit in northwestern Mexico as it announced a second gold-silver discovery in a year in the Santo…
Arizona Metals books high-grade hits at Kay
Arizona Metals (TSX: AMC; OTCQX: AZMCF) said drilling at its Kay project in the central part of the state returned high-grade results of 9.5 metres at 5.37 grams gold per…