Mining News & Analysis
14 articles
Market Mood
Southern Cross (SXG) Reports Growth at Diggers & Dealers Conference
Southern Cross Gold (SXG) announced that its Sunday Creek project is expanding. This expansion aims to scale up its resources to boost future production capabilities. The company emphasized its strategic focus on enhancing the operational scale of Sunday Creek, which could lead to increased revenues. This matters for investors as the expansion could significantly impact the company's stock performance and future earnings.
Read More: Southern Cross (SXG) Reports Growth at Diggers & Dealers Conference
Lundin Gold (TSX:LUG) Gains Attention with New Market Activity
Lundin Gold (TSX:LUG) has garnered renewed attention on market watchlists due to its recent exploration updates. The company's ongoing activities suggest the potential for new gold discoveries in Ecuador. Analysts are observing this move as it might impact future production forecasts and investor interest. The emphasis on exploration aligns with current trends in the gold market, attracting potential investors looking for growth opportunities. This renewed focus on Lundin Gold is significant for ordinary investors considering mining stocks.
Read More: Lundin Gold (TSX:LUG) Gains Attention with New Market Activity
Maronan Metals Plans Drilling at Noosa Mining Conference 2026
Maronan Metals will present its drilling plans at the Noosa Mining Conference in 2026. The company aims to showcase how its drilling activities are contributing to increased value and resource estimates. Specific data on the projected outcomes from the drilling efforts or any financial implications were not provided in the article. This event underscores the company’s commitment to growth and resource development, which could influence investor interest.
Read More: Maronan Metals Plans Drilling at Noosa Mining Conference 2026
Centaurus Metals (CTM) advances Jaguar funding at Noosa Mining 2026
Centaurus Metals (CTM) will present at the Noosa Mining Conference in 2026, focusing on its Jaguar Project funding efforts. The company aims to secure necessary financing to advance the project, which is pivotal for its future operations. With the mining conference being a significant event in the industry, it offers a platform for potential investors to assess the company's plans and progress. This involvement at the conference could attract interest and investment, indicating the project's viability and potential returns for stakeholders.
Read More: Centaurus Metals (CTM) advances Jaguar funding at Noosa Mining 2026
Alkane (ALK) Reports High-Grade Gold-Antimony Drill Results
Alkane Resources Ltd (ASX:ALK, OTC:ALKEF) reported high-grade results from its True Blue deposit, located near its Costerfield Operation, after completing 33 new drill holes. Standout results include 57.6 g/t gold and 25.4% antimony over 0.25 meters in hole TB055, alongside other significant findings. The drilling aims to improve geological understanding and bolster development plans. Alkane also noted a record quarterly profit of $93 million for Q1 2026, attributed to rising gold and antimony prices and increased production from its three active mines.
Read More: Alkane (ALK) Reports High-Grade Gold-Antimony Drill Results
Almonty (AII) Starts Processing Operations at Sangdong Tungsten Mine
Almonty Industries Inc. (AII) has commenced processing operations at its Sangdong tungsten mine. This development marks a significant step for the company as it seeks to boost tungsten production. The mine's initial focus is on the recovery of tungsten concentrate, which could enhance Almonty's revenue streams. This move is expected to positively impact Almonty's market position in the tungsten sector.
Read More: Almonty (AII) Starts Processing Operations at Sangdong Tungsten Mine
SSR Mining (SSRM) Sells Copler Mine for $1.5 Billion
SSR Mining (SSRM) sold its 80% stake in the Copler Mine in Turkey for $1.5 billion, enhancing its balance sheet and increasing its cash reserves to $2.134 billion. The company generated $242 million in free cash flow last year, with $211 million in the first quarter alone. With a focus on lower-risk projects, SSR Mining aims to increase production to 450,000-535,000 gold equivalent ounces in 2026. The sale allows for potential acquisitions or dividends while mitigating exposure to rising diesel prices, as 70% of fuel usage is hedged.
Read More: SSR Mining (SSRM) Sells Copler Mine for $1.5 Billion
Conroy Gold (CGNR) Reports Alteration Zone at Clontibret Deposit
Conroy Gold (CGNR) announced the discovery of an alteration zone at the Clontibret deposit. This geological feature could indicate significant mineralization potential. The alteration zone may play a crucial role in future drilling programs and could influence resource estimates. Investors are keeping a close watch on developments given the strategic importance of the Clontibret deposit in Conroy's portfolio.
Read More: Conroy Gold (CGNR) Reports Alteration Zone at Clontibret Deposit
United States Antimony (UAMY) Restarts Mining Operations in Montana
On April 2, United States Antimony Corporation (NYSE: UAMY) announced the restart of mining operations at its Stibnite Hill property in Montana after a seasonal pause, allowing for earlier ore extraction due to favorable weather conditions. This resumption supports the transportation of antimony ore to the Radersburg Flotation Facility for processing and smelting at the Thompson Falls facility, reinforcing UAMY's vertically integrated production model. On March 24, B. Riley analyst Nick Giles raised the price target for UAMY to $13 from $11 while maintaining a Buy rating, citing increased feedstock procurement. The strategic importance of UAMY's domestic production is underscored by rising demand for antimony amid tightening global supply.
Read More: United States Antimony (UAMY) Restarts Mining Operations in Montana
Triple Flag Precious Metals (TFPM) Price Target Raised to $49 by BofA
On March 23, 2026, BofA raised the price target for Triple Flag Precious Metals Corp. (TFPM) to $49 from $46, maintaining a Buy rating. This adjustment followed the company's Q4 results and updated guidance, highlighting its strong portfolio performance and resilient cash flow. Similarly, analyst Lawson Winder increased the price target to $46 from $44 on February 26, reflecting improving macro conditions for precious metals. The revisions come amid expectations that gold and silver will benefit from geopolitical uncertainties and inflationary pressures.
Read More: Triple Flag Precious Metals (TFPM) Price Target Raised to $49 by BofA
Avino Silver & Gold Mines (ASM) Moves Investors Closely Watch
Avino Silver & Gold Mines (ASM) made a notable market move recently. The company announced an increase in production, achieving a 15% rise in silver output compared to the previous quarter. This operational efficiency could enhance their revenue streams and profitability. The silver market is currently volatile, having experienced a 5% price fluctuation in the past month, which may impact ASM's performance in the coming periods.
Read More: Avino Silver & Gold Mines (ASM) Moves Investors Closely Watch
Pan American Silver Corp. Plans $1.9B Investment for Largest Silver Mine
Pan American Silver Corp. (NYSE: PAAS) announced plans on March 24, 2026, to invest $1.9 billion to expand its La Colorada property in Zacatecas, Mexico, into the world's largest silver operation. The company projects an average production of 19.1 million ounces of silver during the peak five years of production. The expansion includes the construction of a 15,000 tons per day processing plant and aims for a mine life of 37 years. The investment will be spread over six years, from 2026 to 2031, funded by existing operations.
Read More: Pan American Silver Corp. Plans $1.9B Investment for Largest Silver Mine
Royal Road Minerals Resumes Drilling in Colombia with C$0.60 Price Target
Royal Road Minerals Ltd (TSX-V:RYR, OTC:RRDMF) has restarted drilling in Colombia, focusing on its Güíntar gold-copper-silver project, which covers 1,840 square kilometers. New results include drill holes returning 418 meters at 0.6 grams per tonne gold equivalent and 176 meters at 1.2 grams per tonne gold equivalent. Research firm SCP Resource Finance maintains a 'buy' rating with a price target of C$0.60, compared to the current share price of C$0.19. The company is preparing to mobilize drilling at its El Molino target, influenced by the upcoming May 2026 election in Colombia.
Read More: Royal Road Minerals Resumes Drilling in Colombia with C$0.60 Price Target
Canadian Uranium Agrees to Acquire Rook 2 Uranium, Covering 18,941 Hectares
Canadian Uranium has signed an agreement to acquire all outstanding shares of Rook 2 Uranium through a three-cornered amalgamation. Rook 2 holds an exclusive option for full ownership of 21 mineral claims spanning approximately 18,941 hectares in Saskatchewan, Canada. Under the agreement, Rook 2 shareholders will receive one Canadian Uranium share for each Rook 2 share held, totaling 9,663,156 shares to be issued. The transaction is subject to regulatory approvals and consent from Rook 2 shareholders, with no finder’s fees involved.
Read More: Canadian Uranium Agrees to Acquire Rook 2 Uranium, Covering 18,941 Hectares