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Mont Royal updates Ashram Rare Earths Project PEA, showing strong economics and 30-year mine life in Quebec.

Market News
08 Jun 2026
Newsfile Corp
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Bullish
pluang ai news

Mont Royal Resources released an updated Preliminary Economic Assessment (PEA) for its 100%-owned Ashram Rare Earths and Fluorspar Project in Quebec, Canada. The PEA confirms a large-scale, long-life rare earth development with an average annual production of 17,466 tonnes of saleable rare earth oxides over 30 years, supported by robust economics including a post-tax NPV of CAD$2.03 billion and an IRR of 22%. The project benefits from a low strip ratio, competitive costs, and strategic positioning in a top mining jurisdiction, aiming to supply critical rare earths for Western markets. Next steps include advancing to a Pre-Feasibility Study in late 2026 and ongoing stakeholder engagement.

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Bitcoin's BIP-110 fork to limit non-financial data nears deadline with near-zero miner support.

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Bitcoin's 30% drop predicted 8 months early by Fed liquidity gauge tied to Treasury bill issuance.

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Bitcoin leaders oppose BIP 110, fearing it risks network split and undermines decentralization.

Bitcoin leaders oppose BIP 110, fearing it risks network split and undermines decentralization.

Bitcoin Improvement Proposal 110 (BIP 110), which aims to limit certain non-financial transactions on the Bitcoin blockchain, faces opposition from key figures Adam Back and Michael Saylor. They argue that BIP 110 conflicts with Bitcoin's core princi...

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Ethereum sees bullish institutional buying but bearish retail selling ahead of the week.

Ethereum sees bullish institutional buying but bearish retail selling ahead of the week.

Ethereum's price held steady around $1,800 as institutional investors recorded their first weekly net buying in nine weeks, signaling renewed confidence. Meanwhile, retail investors showed bearish sentiment by increasing selling volume in the perpetu...

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Empery Digital shares rise after selling Bitcoin to fund AI data center project

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