Mining News Releases & Company Updates
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Quimbaya Gold Announces Termination of LOI with Denarius Metals
Quimbaya Gold's joint venture with Denarius Metals for artisanal mining at Tahami was terminated; Quimbaya retains full ownership and continues exploration plans.
Galloper Gold Clarification Release
Galloper Gold clarifies its recent EML license award on Glover Island, covering the historic LPSE gold resource, with no new exploration since 2012, within a mineral-rich 11 km corridor.
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Sanatana Announces Market Making Services Agreement with Independent Trading Group
Sanatana Resources hires ITG for one-month market-making to boost share liquidity, paying $5,000 monthly, with automatic renewal and no equity compensation.
Silver47 and Summa Silver Complete Merger to Create a Premier U.S. High Grade Silver Explorer & Developer
Silver47 and Summa merged to form Silver47 Exploration Corp., a U.S.-focused high-grade silver explorer with significant resources in Alaska, Nevada, and New Mexico.
Element 29 Announces Upsized Private Placement of up to $6,400,000
Element 29 Resources increases private placement to $6.4M for exploration in Perú, issuing units with shares and warrants, pending TSX-V approval.
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Quimbaya Gold Announces Termination of LOI with Denarius Metals
Quimbaya Gold's joint venture with Denarius Metals for artisanal mining at Tahami was terminated; Quimbaya retains full ownership and continues exploration plans.
Silicon Metals Corp. Announces Receipt of 5-Year Exploration Permits for the Ptarmigan Silica Project in British Columbia
Silicon Metals received a 5-year permit to explore its Ptarmigan Silica Project in BC, enabling extensive exploration activities to unlock high-purity silica potential.
Denarius Metals Announces Decision Not to Proceed with 50/50 Joint Venture with Quimbaya Gold
Denarius Metals terminates a joint venture with Quimbaya Gold in Colombia after due diligence, citing social and operational concerns in the small-scale mining project.
Sanatana Announces Market Making Services Agreement with Independent Trading Group
Sanatana Resources hires ITG for one-month market-making to boost share liquidity, paying $5,000 monthly, with automatic renewal and no equity compensation.
Pacific Bay Warrant Extension Not Proceeding
Pacific Bay Minerals' warrant extension was denied by TSX Venture Exchange; the warrants expired without extension.
Galloper Gold Clarification Release
Galloper Gold clarifies its recent EML license award on Glover Island, covering the historic LPSE gold resource, with no new exploration since 2012, within a mineral-rich 11 km corridor.
Silver47 and Summa Silver Complete Merger to Create a Premier U.S. High Grade Silver Explorer & Developer
Silver47 and Summa merged to form Silver47 Exploration Corp., a U.S.-focused high-grade silver explorer with significant resources in Alaska, Nevada, and New Mexico.
Xtra-Gold Reports Voting Results of Annual General Meeting of Shareholders
Xtra-Gold's AGM approved auditor appointment and re-elected six directors with over 99% votes; 57.4% shares voted.
Graphano Announces Five-for-One Share Split
Graphano Energy approves a 1-for-5 share split, increasing outstanding shares from ~17.2M to ~86M, pending TSX-V approval; no shareholder action needed.
Element 29 Announces Upsized Private Placement of up to $6,400,000
Element 29 Resources increases private placement to $6.4M for exploration in Perú, issuing units with shares and warrants, pending TSX-V approval.
Royalties Inc. Responds to Capstone's Appeal in Ongoing Cozamin Mine Royalty Dispute
Royalties Inc. reports a court ruling reaffirming its ownership of a 2% NSR in Mexico; Capstone is appealing, and legal proceedings continue.
Aurania Announces Non-Brokered Private Placement of up to $1.5 Million
Aurania Resources plans a private placement of up to C$1.5M to fund exploration, offering units with shares and warrants, with potential for additional units and finders' fees.
NexGen Energy to Host Q2 2025 Conference Call on Rook I Project Developments
NexGen Energy's Q2 2025 update via conference call covers Rook I Project progress, market insights, exploration, and upcoming final hearing; filings available August 5.
Silicon Metals Corp. Announces 100% Acquisition of Five (5) Mining Claims
Silicon Metals acquires full rights to five mining claims in Ontario's Maple Birch Project, focusing on high purity quartz pegmatite exploration.
Besra Gold Announces: June 30, 2025, Quarterly Activities Report
Besra Gold released its June 2025 quarterly report; the company explores and develops gold in the Bau Goldfield, East Malaysia.
Sirios Closes Second and Final Tranche of Private Placement for a Cumulative Total of $2,500,000
Sirios Resources closed a $1.36M private placement, issuing units with shares and warrants, to fund exploration and operations, with insider participation and TSX-V approval pending.
New Break Closes Second Tranche of Private Placement
New Break Resources closed a private placement, raising $127,500 for exploration at its Moray gold project in Ontario, with some shares purchased by a control person.
Nexa Resources Reports Adjusted EBITDA Growth in Solid 2Q25 Performance
Nexa Resources' 2Q25 EBITDA rose 29% QoQ to US$161M driven by higher sales and prices; net income was US$13M, with revenue up 13%, but down 4% YoY due to lower metal prices.
Galloper Gold Awarded Glover Island EML
Galloper Gold acquires a mineral license in Newfoundland, adding a 178,800oz gold resource and strengthening its Glover Island project in a promising mineralized region.
Coloured Ties Capital Inc. Announces Changes to Private Placement for Gross Proceeds of up to $1,000,000
Coloured Ties Capital announces a private placement of up to $1M, offering units with shares and warrants, for corporate funding, subject to approvals and regulatory conditions.
Midasco Capital Corp. Completes Acquisition of Tungsten and Critical Metals Project from Ridgeline Minerals
Midasco renamed Spartan Metals after acquiring Spartan's Nevada mineral claims, gaining a 19.9% stake and a 1% royalty, focused on tungsten, copper, and other metals.
Boreal Gold Announces the Closing of the First Tranche Private Placement for $179,550.00
Boreal Gold closed a $179,550 private placement to fund geophysical surveys, drilling, and exploration on the Fay Lake property in Manitoba, subject to approvals and community consultation.
Zeb Nickel Project Successfully Completes SpectremPlus(TM) AEM Survey
Zeb Nickel completed a high-resolution airborne electromagnetic survey in South Africa to refine drill targets for nickel sulphide deposits, with results due late August 2025.
Sierra Madre Announces Closing of Second Tranche of $19.5 Million Best Efforts Private Placement of Units
Sierra Madre closed the second tranche of a $19.5M funding, issuing units with shares and warrants to fund mine expansion, exploration, and corporate needs.
Group Eleven Closes C$5.75M Bought Deal Private Placement, Including Full Exercise of C$750,000 Underwriters' Option
Group Eleven Resources raised C$5.75M via private placement to fund exploration at Ballywire, expanding drill program from 5,000m to 25,000m, with shares sold under exemptions.
Volt Carbon Technologies Announces $200,000 Placement
Volt Carbon plans a private placement of 10 million units at C$0.02, raising up to C$200,000 for payables, technology, and working capital, subject to approvals.
Orestone Mining Corporate Update
Orestone Mining advances exploration on its Argentine and Canadian gold, silver, and copper projects, with recent financings and permit updates for upcoming drilling activities.
Millennial Announces Closing Private Placement for Total Proceeds of $9,188,880
Millennial Potash closed a $9.19M private placement to fund exploration at Banio Potash, issuing units with shares and warrants, with Quaternary Group acquiring significant units.
Imagine Lithium Appoints Simone Sze Man Suen as President
Simone Sze Man Suen becomes President of Imagine Lithium, bringing 20+ years of mining experience; J.C. St-Amour steps down after tenure.
Big Ridge Gold Corp Announces Completion of the Purchase of the Remaining 20% Interest in Its Hope Brook Gold Project
Big Ridge acquires remaining 20% of Hope Brook Gold Project for C$3M and shares, aiming to enhance value and advance toward an economic study.
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