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Global copper producer KGHM Polska Miedz on May 28 signed an option agreement to earn 100% of the Eastside–Tango copper project in Nevada through staged payments and a minimum exploration commitment of $5-million over six years, with Great Western retaining a 0.6% net smelter return royalty; KGHM's wholly-owned subsidiary Robinson Holdings on May 27 also signed exploration and option agreements on four additional porphyry copper projects in Nevada – Royson, Big E, Tango and Whiskey – with execution and option payments totalling up to $915 000 and work commitments of up to $5-million per project over a six-year earn-in period.
Western Ridge Resources on May 28 expanded its Keystone tungsten, silver and gold landholding by 4 960 acres through the staking of 248 lode claims, representing a 500% increase in the company's land position, while Viking Mines on May 4 lodged a notice of intent with the Bureau of Land Management to launch a 63-hole drill programme at the Linka tungsten project, the first drilling in 40 years at a site that historically produced 65 000 t of tungsten trioxide grading 0.54% until 1956. American Lithium Corporation on May 26 was accepted as a member of the Defense Industrial Base Consortium, a US Department of Defense collaborative initiative to strengthen critical minerals supply chains, reflecting the strategic importance of the company's TLC claystone lithium project in Nevada and the Falchani hard-rock lithium project in Peru.
AngloGold Ashanti on May 8 reported record first-quarter free cash flow of $1.2-billion, almost triple the first-quarter 2025 amount, and declared an interim dividend of $585-million, or $1.16 apiece, while the board approved a proposed share repurchase programme of up to $2-billion; the company is bringing a large new production centre into operation in southern Nevada as part of its organic growth strategy. Kinross Gold Corporation is proceeding with construction of the Round Mountain Phase X underground project in Nevada, which received its final permit in January 2026 and is expected to deliver first production in 2028; the project has an initial underground reserve of 1.2-million gold equivalent ounces grading 3.2 g/t and is expected to incrementally produce an estimated 1.4-million gold equivalent ounces over an initial 11-year mine life at total initial capital expenditure of about $400-million.
Seabridge Gold on June 4 closed the spin-out of its Courageous Lake gold project in Canada's Northwest Territories into newly listed Valor Gold Corporation, with Seabridge retaining focus on developing the KSM, Bronson Corridor, Snowstorm and 3 Aces projects in British Columbia, Nevada and Yukon; EV Resources on June 2 signed four non-binding memorandums of understanding securing between 2 330 t and 2 430 t a month of antimony feedstock for its Tecomatlán processing plant in Mexico, while also owning the Dollar and Milton antimony development projects in Nevada.
Nevada Updates
TSX- and NYSE-listed Seabridge Gold has successfully closed the spin-out of its Courageous Lake gold project into a newly listed entity, Valor Gold Corporation, after receiving approval from the...
ASX-listed emerging antimony supplier EV Resources has now signed four non-binding memorandums of understanding (MoUs) that have secured between 2 330 t and 2430 t a month of feedstock for its...
Nasdaq-listed Eagle Nuclear Energy Corporation, which owns the largest conventional, measured and indicated uranium deposit in the US, has completed several key environmental and site-readiness...
TSX-V-listed Minera Alamos finds in a prefeasibility study (PFS) on the past-producing Copperstone project, in Arizona, a net present value (NPV) of $537-million for the project at current spot...
Aim-listed copper explorer Great Western has announced it is party to an option agreement with global copper producer KGHM Polska Miedz whereby KGHM may earn a 100% interest in the Eastside-Tango...
ASX-listed critical minerals explorer Western Ridge Resources has expanded its landholding around the Keystone project, in Nevada, by 4 960 acres with the staking of an additional 248 lode claims....
TSX-listed Elemental Royalty Corporation's wholly-owned subsidiary, Bronco Creek Exploration, has signed an exploration and option agreement with a US-based subsidiary of KGHM Polska Miedź,...
TSX-V-listed American Lithium Corporation has been accepted as a member of the Defense Industrial Base Consortium (DIBC), which is a US Department of Defense collaborative initiative established to...
TSX-V-listed Applied Graphite Technologies Corporation has closed the acquisition of all the common shares of Bullfrog Gold Corporation, while also closing a non-brokered private placement of C$967...
TSX-listed precious metals and copper explorer Golden Minerals has closed a private placement equity financing with a privately held firm based in Vancouver called Streamline Metals, which now owns...
TSX-V-listed Manhattan Uranium Discovery Corporation has been granted approval to drill at the Apex uranium project, in Nevada, which advances the State’s largest past-producing uranium mine back...
Construction at TSX-listed Lithium Americas’ Thacker Pass project, in Humboldt County, Nevada, is accelerating toward mechanical completion in late 2027, the company highlights in a statement on...
London-listed and US-focused lithium exploration and development company Bradda Head Lithium has entered into a memorandum of understanding (MoU) with San Diego-based advanced battery materials...
The record first-quarter (Q1) free cash flow of $1.2-billion delivered by AngloGold Ashanti is almost triple the Q1 2025 amount, following steady performances from most of its operating assets and...
ASX-listed Jindalee Lithium has received firm commitments to raise about A$8.4-million through the issue of 18.3-million new fully paid ordinary shares at an issue price of A$0.46 apiece. The...
“This is the first ever South African turbo company to expand into the USA market successfully we have signed distribution agreements with Borgwarner, IHI, Continental, ARP, TRAUM pistons, Race...
US-based Eagle Nuclear Energy has launched a full environmental baseline programme at its Aurora uranium project on the Oregon-Nevada border, ahead of a planned 27 000 ft drill campaign tied to a...
ASX-listed Viking Mines has formally lodged a notice of intent with the Bureau of Land Management in the US, which completes the final federal regulatory requirements necessary to launch a 63-hole...
Underground development is progressing well and is slightly ahead of schedule.
TSX- and NYSE-listed copper and gold miner Centerra Gold has declared a dividend of C$0.07 for the quarter ended March 31, which amounts to a distribution of about C$13.9-million, or $10-million in...
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