Headwater Gold has signed a definitive joint venture agreement with Newmont Corporation for the Spring Peak Project in Nevada, formalizing Newmont's 51% ownership and Headwater's 49%. Newmont is advancing to Stage 2 of the earn-in agreement, potentially increasing its stake to 65% by funding an additional $40 million in exploration over three years after permit approval. The project focuses on high-grade gold targets along the Bear Fault corridor, with permitting for expanded drilling underway and plans for a 2027 exploration program. This partnership enables Headwater to retain significant exposure while leveraging Newmont's funding and expertise for further exploration.
In August, stocks that had been hit by bearish fears, especially in enterprise software, staged a strong comeback. Companies like Moderna surged after positive vaccine news, while Palantir, Veeva, Salesforce, and ServiceNow recovered as concerns abou...
Nations Royalty Corp. reported a record quarterly royalty revenue of C$2.21 million for Q1 Fiscal 2027, a 1,058% increase year-over-year, driven mainly by the Brucejack mine transitioning to a higher net revenue mineral tax regime. This revenue surge...
