American Rare Earths Limited (ARR:AU) has announced ARR advances permitting at Cowboy State Mine
Download the PDF here.
This post appeared first on investingnews.com
Challenger Gold Limited (ASX: CEL) (‘CEL’ or the ‘Company’) is pleased to announce it has entered into an Investment Protection Agreement (“IPA” or “the Agreement”) with the Government of Ecuador for its 100% owned El Guayabo Project (“El Guayabo” or “the Project”). Under the terms of the IPA, the Government of Ecuador has granted CEL legal protections including stability of the regulatory framework, resolution of disputes through international arbitration, and protection of CEL’s investment.
The IPA covers US$75 million in investment from CEL encompassing expenditures from CEL’s initial acquisition of the project in 2019 and expenditure incurred until the end of 2027. It has an initial term of 8 years and is renewable. Key incentives and protections under the IPA include:
- Regulatory stability and protection from changes to the current legal framework
- The legal framework at the time of execution will continue to apply if the terms are more favourable to the project owner than any potential new framework
- The IPA guarantees rights including non-discriminatory treatment, property protection, and legal certainty
- International arbitration, should there be any disputes in relation to the Project, with the seat of arbitration in London under the rules of the International Chamber of Commerce
Commenting on the Investment Protection Agreement, CEL Managing Director, Mr Kris Knauer, said
“The completion of the Investment Protection Agreement is a significant development for the Project..
The IPA provides certainty with respect to the legal framework governing the Project, including stable mining regulations and fiscal terms, and security of title and investment for the term of the agreement. Additionally, it provides protection from all forms of confiscation and a mechanism for international arbitration should there be any disputes related to the project.
The IPA is also timely given recent corporate action in Ecuador as we take steps to monetise our Ecuador assets following the significant resource upgrade from 4.5 million ounce1 to 9.1 million ounces1,2,3.‘
Click here for the full ASX Release
This post appeared first on investingnews.com
McLaren Minerals Limited (ASX: MML) (‘McLaren’ or ‘Company’), is pleased to provide a further update on the phase 1 Drill Program at its wholly owned McLaren Titanium Project in the western Eucla Basin, Western Australia. This update is driven by the completion of geological interpretation of all the drilling during this campaign, in the absence of laboratory results.
Highlights
McLaren Titanium Project
- 192 drill holes completed for a total of 4,067 metres, on time and without incident
- Significant extensions of prospective sediments outside of currently known resource boundaries observed during drilling:
- North extension: approximately 2,200m wide, avg. 14m thick (max 23m),
- Central zone eastern extension: 800m wide, avg. 20m thick (max 23m),
- Southern zone: 2,600m wide, avg. 10m thick (max 15m).
- Metallurgical and geological samples submitted to IHC and Diamantina Laboratories
- Geological work has improved confidence in deposit morphology and is expected to reduce future drilling costs
- Strong community support confirmed within an established mining region
McLaren Mineral Sands Managing Director, Simon Finnis, commented:
“While we have not yet received any assays, phase 1 has delivered strong confidence to our team regarding this project. The most recent interpretation not only confirm the integrity of our geological model, but importantly, demonstrates the scale of the opportunity ahead. Defining substantial potential for mineralisation outside the current Resource boundary positions us well for future resource growth. We’ve also made solid ground operationally—drilling was completed on time, we’ve brought costs down, and we’re seeing strong local support. Taken together, these outcomes give us a great deal of confidence as we move toward the next phase of work and continue building long-term value for shareholders.”
Click here for the full ASX Release
This post appeared first on investingnews.com
western copper and gold corporation (‘Western’ or the ‘Company’) (TSX: WRN) (NYSE American: WRN) is pleased to announce that Mitsubishi Materials Corporation (‘Mitsubishi Materials’) has completed the precondition for the previously announced extension of their investor rights agreement.
Mitsubishi Materials acquired two million common shares of the Company through open market purchases, taking their overall ownership to approximately 5%. Consequently, the investor rights agreement between the two groups has now been extended to May 30, 2026 , in accordance with the amended terms announced on April 15, 2025 .
‘We are extremely pleased to maintain, and enhance, our relationship with Mitsubishi Materials.’ said Sandeep Singh , President and CEO. ‘They remain an incredibly supportive shareholder, and we value their expertise as we advance the Casino Project.’
ABOUT western copper and gold corporation
western copper and gold corporation is developing the Casino Project, Canada’s premier copper-gold mine in the Yukon Territory and one of the most economic greenfield copper-gold mining projects in the world.
The Company is committed to working collaboratively with our First Nations and local communities to progress the Casino Project, using internationally recognized responsible mining technologies and practices.
For more information, visit www.westerncopperandgold.com .
On behalf of the board,
‘Sandeep Singh’
Sandeep Singh
President and CEO
western copper and gold corporation
Cautionary Note Regarding Forward-Looking Statements
This news release includes certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively ‘forward-looking statements’) within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this news release. Forward-looking statements are frequently, but not always, identified by words such as ‘expects’, ‘anticipates’, ‘believes’, ‘plans’, ‘projects’, ‘intends’, ‘estimates’, ‘envisages’, ‘potential’, ‘possible’, ‘strategy’, ‘goals’, ‘opportunities’, ‘objectives’, or variations thereof or stating that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved, or the negative of any of these terms and similar expressions. Such forward-looking statements herein include statements regarding the anticipated advancement of the Casino Project, the continued support and involvement of Mitsubishi Materials, and the potential benefits of the extended investor rights agreement.
Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual events to be materially different from those expressed or implied by such statements. Such factors include but are not limited to the risk of unforeseen challenges in advancing the Casino project, potential impacts on operational continuity, changes in general market conditions that could affect the Company’s performance; and other risks and uncertainties disclosed in the Company’s annual information form and Form 40-F for the most recently completed financial year and its other publicly filed disclosure documents.
Forward-looking statements are based on assumptions management believes to be reasonable, such assumptions and factors as set out herein, and in the Company’s annual information form and Form 40-F for the most recently completed financial year and its other publicly filed disclosure document.
Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, other factors may cause results to be materially different from those anticipated, described, estimated, assessed or intended. These forward-looking statements represent the Company’s views as of the date of this news release. There can be no assurance that any forward-looking statements will be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not intend to and does not assume any obligation to update forward-looking statements other than as required by applicable law.
View original content to download multimedia: https://www.prnewswire.com/news-releases/western-copper-formally-extends-investor-rights-agreement-with-mitsubishi-materials-302466858.html
SOURCE western copper and gold corporation
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2025/28/c7490.html
News Provided by Canada Newswire via QuoteMedia
This post appeared first on investingnews.com
US SEC has initiated a new phase of review for the WisdomTree XRP spot ETF proposal. Reportedly, the SEC is examining the WisdomTree XRP ETF proposal, submitted by Cboe BZX Exchange, to determine if it meets the legal standards under the Securities Exchange Act of 1934. Will the commission’s move lead to the approval of the first US-based XRP Spot ETF? WisdomTree’s XRP Spot ETF Proposal Enters Next Phase of SEC Review Notably, the SEC is evaluating WisdomTree’s XRP spot ETF proposal, seeking public opinion. The SEC issued a notice (Release No. 34-103124) seeking public feedback on investor protection and market manipulation measures for the proposed fund. Notably, the agency has a 240-day window to make a decision on WisdomTree’s ETF application, either approving or rejecting it. While no decision has been made, the commission has progressed the proposal to the next stage of review, as outlined in Section 19(b)(2)(B)…. Read More at Coingape.com
The post XRP Spot ETF Update: SEC Advances WisdomTree Proposal Review appeared first on CoinGape.
Ripple CEO Brad Garlinghouse has called for peace between the XRP army, BTC maxis, and other crypto communities as crypto and blockchain technologies gain mass adoption. This came as Ripple donated the ‘Skull of Satoshi’ to the Bitcoin community, in what some crypto community members have described as a ‘peace offering.’ Ripple CEO Calls For Peace In The Crypto Community In an X post, Brad Garlinghouse stated that it is past time that the BTC, XRP, and other crypto communities set aside their differences and work together to move the industry forward as crypto and blockchain technologies become widely used. Garlinghouse made this statement following his company’s donation of the Skull of Satoshi to the BTC community. He noted that the designers built the Skull to draw attention to blockchain energy usage. However, it has now become a symbol and reminder of Bitcoin’s “incredible staying power” to many worldwide, including him…. Read More at Coingape.com
The post Brad Garlinghouse Calls For Peace As Ripple Makes Donation To Bitcoin Community appeared first on CoinGape.
Amid the repetitive rejection above $110,000 levels, Bitcoin funding rates have turned negative as the BTC shorts pile up. This highlights growing bearish sentiment with spending from the long-term BTC holders on the rise as well. Similarly, short positions have also built up for some of the top altcoins such as Cardano (ADA), and Binance Coin (BNB). Bitcoin and Altcoins Funding Rate Hints Correction Ahead Blockchain analytics platform Glassnode has revealed a notable shift in the market as the Bitcoin funding rate turned negative, signaling growing bearish sentiment. BTC bulls have failed to sustain above $110K level, giving the shorts an upper hand. A negative funding rate in perpetual futures trading shows that short traders have the upper hand over long traders, highlighting that the market condition is flipping bearish. But the Glassnode data shows that apart from BTC, a similar situation appears across top crypto market altcoins as well…. Read More at Coingape.com
The post Bitcoin Funding Rate Turns Negative As Traders Short Top Altcoins appeared first on CoinGape.
Bitcoin (BTC) is facing stiff resistance around $110,000, its previous all-time high, as fears of a deeper correction intensify. The inflow of $3.2 billion worth of BTC into exchanges adds tailwind to the ongoing uptrend. A look at Bitcoin’s technical analysis reveals that a breakdown below $107K to $108K could trigger a crash toward $102K, while a surprise bullish catalyst, such as corporate Bitcoin adoption, could catalyze a push to record highs. Why BTC Price is Stalling Bitcoin trades at $108,500 today, down 1.1% in the past 24 hours. The price has been range-bound between $108K and $111K for six consecutive days, reflecting weakening bullish momentum. Bitcoin Price Today: BTC/USDT 1-hour Chart Key Reasons for the Stall: CoinGape reported on Tuesday how BTC price is stalling despite OTC balances depleting by $40.8B, hinting at a potential drop. This article further expands on why Bitcoin is stuck under $110K. Lack of… Read More at Coingape.com
The post Bitcoin Crash Fears Escalate as BTC Price Stalls Under $110K Amid $3.2B BTC Inflow appeared first on CoinGape.
In a strategic collaboration, Telegram has inked a lucrative deal with Elon Musk’s xAI to distribute its innovative Grok AI platform to the messaging app’s vast user base. While this marks a major move in Telegram’s vision of AI innovation, the TON price is surging and is up by 23%. Telegram Enters into a One-Year xAI Deal: What It Means? Pavel Durov and tech billionaire Elon Musk’s xAI have joined forces in a one-year deal to bring the Grok AI chatbot to Telegram, enhancing user experience with AI-driven interactions. As announced by Durov, Telegram will get $300 million in cash and equity from xAI, plus 50% of revenue from subscriptions sold through its platform. His X post read, “Telegram will receive $300M in cash and equity from xAI, plus 50% of revenue from xAI subscriptions sold via Telegram. Together, we win.” Further, inviting the community members’ attention to the historic… Read More at Coingape.com
The post Breaking: Telegram Partners with Elon Musks’s xAI, TON Price Jumps 23% appeared first on CoinGape.
Walmart agreed to pay a small fine and promised to ensure its third-party resellers are unable to sell realistic looking toy guns to buyers in New York, after state Attorney General Letitia James said Tuesday that the retail giant’s online store shipped them to the state.
The settlement comes nearly a decade after Walmart, Amazon, Sears and other retailers entered into a consent order and judgment with New York’s previous attorney general, in which they agreed to keep toy guns that resemble actual deadly weapons off their shelves statewide and they paid civil penalties that topped $300,000.
The 2015 order was part of a nationwide reckoning over realistic looking toy guns in the wake of the fatal shooting of Tamir Rice, a 12 year-old Cleveland boy who was killed by police in November 2014 while holding a pellet gun.
The New York law bans retailers from selling or shipping toy guns of certain colors — black, dark blue, silver, or aluminum — that look like real weapons.
Toy guns sold in the state must be “made in bright colors or made entirely of transparent or translucent materials,” with businesses subject to a fine of $1,000 per violation, according to James’ office.
James said on Tuesday that an investigation by her office found that Walmart’s online store had shipped at least nine realistic-looking toy guns sold by third-party sellers to New York City, Westchester County and Western New York.
But the investigation also found that between March 2020 and November 2023, at least 46 imitation weapons that violate New York state law were purchased by consumers in the state through the Walmart.com platform, the settlement revealed.
“Realistic-looking toy guns can put communities in serious danger and that is why they are banned in New York,” James said in a statement.
“Walmart failed to prevent its third-party sellers from selling realistic-looking toy guns to New York addresses, violating our laws and putting people at risk,” she said.
“The ban on realistic-looking toy guns is meant to keep New Yorkers safe and my office will not hesitate to hold any business that violates that law accountable.”
Walmart must pay $14,000 in penalties and $2,000 in fees under the settlement, the AG’s office said.
That total of $16,000 is a tiny fraction of the approximately $49 million in net income Walmart earned on an average day in the most recent financial quarter.
CNBC has requested comment from Walmart, which neither admitted nor denied the findings by James’ office in its investigation.
As part of the settlement, Walmart is required to prohibit third parties from offering for sale or selling any of the imitation guns covered by the state law to buyers in New York.
“Walmart shall terminate the ability of a third party from being able to list and sell toy guns and imitation weapons on Walmart.com when it has determined that a third party has engaged in conduct” that violates that restriction on three separate occasions, the settlement said.
And “Walmart shall implement and maintain policies and procedures reasonably designed to prevent such third parties from offering for sale, exposing for sale, or selling Prohibited Items on Walmart.com for importation, holding for sale, or distribution to New York,” the settlement says.
This post appeared first on NBC NEWS