Arizona Eagle Mining Corp. has engaged Hancon Mining to complete engineering design work for reopening the McCabe Mine to support underground drilling. This move aims to reduce drilling costs and improve targeting by accessing the mine through the ventilation raise, with an estimated budget of US$3.7 million. Reopening the mine leverages existing infrastructure valued at about US$40 million, enabling more efficient drilling compared to surface methods. The company plans to start engineering work in October 2026 and aims for a Phase 1 underground drill program by Q3 2027.
Arizona Eagle Mining Corp. engineering plans come amid a Basic Materials sector where 27 of 38 US stocks rose as of Sep 29, 2026 14:41 WIB. Among these, Endeavour Silver Corp (EXK) saw a 1.00% increase to USD 9.05 with 99% buy orders on Pluang, contrasting with AngloGold Ashanti Limited (AU) which rose 0.89% to USD 93.60 but had a lower 94% buy order activity. Johnson Controls International PLC (JCI) also gained 0.97% to USD 150.33, holding the longest typical Pluang hold time at 65 days compared to EXK's 24 and AU's 48 days.
Ondo Perps CEO David Wells highlighted the US as a major opportunity for perpetual futures trading, although the company has not confirmed plans to launch there. The offshore platform, which supports leveraged trading on US equities and tokenized sec...
Jaguar Uranium Corp. has received Environmental Impact Assessment approval for the La Rosada prospect, covering nearly 60,000 hectares or 25% of its Laguna Salada uranium project in Argentina. This permit allows Jaguar to begin detailed exploration a...
JELD-WEN Holding, Inc. has agreed with lenders to extend the maturities of its 4.875% Senior Notes due 2027 and 2028 Term Loans to 2031, while raising $135 million in new debt financing. This move aims to address near-term debt pressures and provide ...
Burford Capital's latest Burford Quarterly highlights how technology and AI are transforming law firms and legal finance. The report shows that legal decisions are increasingly viewed through financial lenses, with companies and law firms focusing on...
Chainlink is partnering with Swift to connect financial institutions to Swift’s blockchain ledger via its Chainlink Runtime Environment (CRE), allowing banks to retain control of their transaction-signing keys. This integration supports 24/7 cross-bo...
