Six First Nations in Northern Ontario initiated a court challenge against the province’s mining act last week, claiming that it infringes on their treaty and constitutional rights. The challenge comes at a time when investors are keenly watching the province’s mineral-rich areas, particularly in light of Ontario’s push for critical…
West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (the ‘Company’ or ‘West High Yield’) announces the next steps in the mining permit process for the Company’s Record Ridge Industrial Mineral Mine project (the ‘Project’). The Company received notification from the British Columbia Environmental Assessment Office (the ‘EAO’) that it has…
Source Rock Royalties Ltd. (‘Source Rock’) (TSXV: SRR), a pure-play oil and gas royalty company with an established portfolio of oil royalties, announces that its board of directors has declared a monthly dividend of $0.0065 per common share, payable in cash on September 13, 2024 to shareholders of record on…
Victoria Gold (TSXV:VGCX,OTC Pink:VITFF), the owner of the Yukon-based Eagle gold mine, has been placed into receivership after the collapse of a heap leach pad at the site in June. The company said on Wednesday (August 14) that the Yukon government had made a receivership application to the Ontario Superior…
Don Durrett of GoldStockData.com weighed in on the recent market meltdown, saying he sees it as another indicator that the US economy is in trouble and heading toward a recession as the year continues. ‘I think that we’re going to see kind of like a 2008 scenario where you start…
Allup Silica Limited (ASX: APS) (“Allup” or “Company”) is pleased to announce that it has strengthened its Board with the addition of 2 new Directors who have funded over $2billion in operations and developed, built and operated 3 VHM sand mines over the past 20 years in Australia and Africa.…
Westgold Resources (ASX:WGX,TSX:WGX,OTCQX:WGXRF) released a maiden ore reserve statement for its South Junction mine, part of the Bluebird – South Junction mining complex, on Wednesday (August 14). According to the company, the ore reserve for Bluebird – South Junction has increased by 233 percent and now stands at 3 million…
Saga Metals Corp. (the “Company” or “Saga”), a North American exploration company focused on critical mineral discovery in Canada, is pleased to announce that Rio Tinto Exploration Canada (“RTEC”) has commenced its initial exploration program on the Legacy Lithium project. Saga and RTEC executed an option to joint venture agreement…
Grocery price growth, once the scourge of the post-pandemic inflation surge, has finally settled down. On Wednesday, the Bureau of Labor Statistics reported that food-at-home prices increased 1.1% year-on-year — the ninth-straight month of sub-2% increases. For the average consumer, the new price levels can take years to adjust to,…
Consumer price growth in July slowed to its lowest post-pandemic level, a sign that the surging inflation that has gripped the U.S. economy is finally ebbing. On a 12-month basis, the Consumer Price Index (CPI) cooled to 2.9%, down from 3% in June — the first time the index dipped…