TokenPost topic
Mining
84 TokenPost stories are tagged Mining. The newest appear first.
Latest Mining stories
- Sigma Lithium CEO Projects 330,000 Tons of 2027 Production
Operations were halted for about 65% of the third quarter. The projection is for calendar-year output, distinct from an earlier year-end production-rate goal.
· Business
- Foundry USA Pool Begins Testing the Stratum V2 Protocol
Separately, miners can choose transactions.
· Technology
- NexGold Posts C$17.36 Million Q3 Loss; IFRS Loss Per Share Narrows
Exploration and evaluation expenses rose to C$16.71 million from C$4.62 million a year earlier. Early works construction has begun at Goldboro.
· Business
- Gunnison Copper Q3 Revenue Climbs 53% to $36.1 Million
Johnson Camp produced 3.42 million pounds of copper cathode, up 71% from the prior quarter.
· Business
- Mayfair Gold Reports C$25.6 Million in Pro Forma Liquidity
Cash and cash equivalents totaled C$15.6 million at quarter-end, and the results also listed C$10 million in gross proceeds.
· Business
- Dogecoin’s Schedule Annualizes to 5.256 Billion DOGE a Year at One-Minute Target
The current schedule pays 10,000 DOGE per block and has no set end date. Actual yearly issuance depends on how many blocks the network produces.
· Technology
- Endeavour Reports Mana Mine Stoppages While Group Guidance Remains on Track
The company described underperformance at Mana but said it still expected to meet its full-year group guidance.
· Business
- Eurobattery Minerals Taps Interim Adviser Ahead of Board, Auditor Elections
Kinnunen will review operations, support the core team and prepare an action plan; the company has not confirmed the meeting date or agenda.
· Business
- Lithium Americas Targets Late-2027 Mechanical Completion at Thacker Pass
Phase 1 construction is advancing, with commercial production expected in 2028 and a ramp-up through that year.
· Business
- Bitcoin Core Discloses Flaw That Could Halt Mining After Chain Reorg
The bug affected five releases across versions 28 and 29; Bitcoin Core fixed it in October 2025, and the affected versions have since reached end of life.
· Technology
- Bitcoin Core Flaw Can Halt Block Template Creation After Reorganization
The flaw affects Bitcoin Core 28.0 through 28.2 and 29.0 through 29.1. Fixed releases appeared in October 2025, more than a year before the details became public.
· Technology
- Axo Metals Upsizes Bought-Deal Financing to C$55 Million
The Canadian mineral exploration company plans to use net proceeds for work at two projects in Mexico and general working capital.
· Business
- TD Cowen Cuts Pan American Silver to Hold and Lowers Target to $45
The target fell from $52, while the shares rose 3.7% in Monday trading.
· Investing
- Boko Says Botswana Plans to Raise De Beers Stake to 30%
The proposed increase from 15% is tied to a sale of Anglo American’s interest that has not been finalized.
· Business
- Barrick Maintains Full-Year Gold Production Guidance
The miner expects fourth-quarter production to be slightly higher than in the third quarter.
· Business
- Inventus Raises C$1.27 Million as Remaining Warrants Are Exercised
CEO and director Wesley Whymark exercised 375,000 warrants, while McEwen’s 9.2 million-warrant exercise was included in the total.
· Business
- Still Running Maps Bitcoin Transactions and Estimated Mining Activity in 3D
Users can enter a transaction ID to follow it from the mempool into a confirmed block. A live counter estimates hash attempts by mining pools competing for the next block.
· Technology
- Independent Bitcoin Miners Find 36 Blocks From Feb. 11 to Nov. 7
The blocks carried about 113.149 BTC in combined rewards, including transaction fees.
· Technology
- China Report Lists Measures to Tighten RWA and Virtual-Currency Oversight
Dated Nov. 3, the report covers financial work since October 2025 and was presented to the Standing Committee of the 14th National People’s Congress.
· Regulation
- Maxus Mining Seeks C$1.25 Million in Flow-Through Share Offering
Proceeds would go toward eligible Canadian exploration expenses, and the placement requires approval from the Canadian Securities Exchange.
· Business
- Brixton Metals Raises About $6 Million in $8 Million Private Placement
The second tranche generated about $1.59 million, and the company plans another tranche.
· Business
- Zcash Activates NU7 Upgrade, Recycling 60% of Fees for Future Rewards
The mechanism is scheduled to add removed ZEC gradually to block subsidies beginning at block 8,939,664, expected around February 2031.
· Technology
- Coeur Mining Sets Dec. 16 Payment for Its $0.02 Semiannual Dividend
Shareholders of record Nov. 30 qualify, but shares bought that day do not.
· Business
- McEwen Raises Inventus Stake to 12.7% in C$1.1 Million Warrant Exercise
The Nov. 4 transaction added 9.2 million shares, bringing McEwen’s holding to 29.2 million from 20 million.
· Business
- Labrador Iron Ore Royalty Corporation Posts 19% Q3 Net Income Drop
Royalty revenue fell 8% year over year. Iron Ore Company of Canada’s sales under the royalty reporting basis declined 1% to 3.9 million metric tons.
· Business
- Silvercorp Sets Nov. 27 Record Date for US$0.0125 Dividend
The semiannual payout matches the amount Silvercorp declared in May. Payment is scheduled on or before Dec. 11.
· Business
- Fortuna Mining Revenue Advances 26.7% to $318.4 Million in Q3
Non-GAAP earnings per share reached $0.17, topping estimates by $0.03.
· Business
- Hecla Expects Keno Hill Throughput Near 300 Metric Tons a Day in Q4 2026
Further throughput cuts are expected to begin in January 2027, while Hecla targets intermittent pyrite concentrate production by late 2027.
· Business
- Coeur Mining Revenue Climbs 77.4%, Non-GAAP EPS Misses by $0.06
The miner posted $983.6 million in third-quarter revenue, $26.4 million below estimates.
· Business
- Hecla Mining Declares $0.00375 Quarterly Dividend Per Share
The dividend is payable on or about Dec. 8, 2026, to stockholders of record Nov. 23.
· Business
- SSR Mining Declares $0.03 Quarterly Dividend Payable Dec. 11
Shareholders of record at the close of business Nov. 13 are eligible for payment. The payout matches the previous quarter’s dividend.
· Business
- Euromax Resources Proposes C$5.69 Million Private Placement
The proposed financing would issue up to 113.83 million share-and-warrant units at C$0.05 each, with proceeds intended for working capital.
· Business
- AngloGold Ashanti Production Falls 7% as Free Cash Flow Rises
First-half output fell 2% excluding Serra Grande, while first-half free cash flow reached $1.895 billion.
· Business
- Blue Moon Metals Ends Proposed Purchase of 33 U.S. Mineral Projects
The proposed package included 2.8 million shares priced at $5.55 each, plus $5 million in cash and royalties tied to the projects.
· Business
- D.A. Davidson Upgrades Franklin Electric to Buy With $135 Target
Mineral-extraction product sales outside the U.S. and Canada rose 71% in the third quarter. CEO Joe Ruzynski said the data-center business remained below $50 million at the time of an Oct. 28 call.
· Insights & Views
- Governments Can Restrict Bitcoin Locally, but It Has No Single Global Operator
China’s 2026 rules targeted virtual-currency businesses and mining, while Bitcoin’s global hashrate had nearly recovered to pre-ban levels by December 2021.
· Regulation
- Centerra Cuts Mount Milligan Cost Guidance, Targets Thompson Creek for 2027
The revised Mount Milligan range reflects copper by-product credits, while Thompson Creek refurbishment was 75% complete by late October.
· Business
- New Break Resources Plans to Raise Up to C$550,000 for Moray Drilling
The proposed non-brokered placement would sell 2.5 million flow-through shares at C$0.22 each, with proceeds intended for eligible Canadian exploration expenses.
· Business
- Vale Reports Year-Over-Year Drops of 53% in Net Income and 6% in Iron Ore Output
Vale maintained its 2026 production ranges. It attributed the 20% year-over-year decline in pro forma EBITDA mainly to weaker iron ore prices, higher costs and expenses, freight costs and a stronger Brazilian real.
· Business
- Ecuador Judge Rejects Bid to Void Silvercorp’s El Domo Licenses
The polymetallic project is expected to start operations in 2027 and become Ecuador’s third industrial mine.
· Regulation