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Rua Gold's Auld Creek project posts positive PEA with gold and antimony in fast-track NZ jurisdiction.

Market News
05 Jun 2026
GlobeNewsWire
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Bullish
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Rua Gold Inc. announced a positive Preliminary Economic Assessment (PEA) for its 100%-owned Auld Creek Gold-Antimony Project in New Zealand's Reefton Goldfield. The PEA shows an after-tax NPV5% of about US$42 million at base prices, rising to US$113 million at current gold prices, for a 5.5-year underground operation producing gold and antimony concentrates. The project benefits from New Zealand's Fast-Track permitting process, aiming for full approval by mid-2027, while a 19,000-metre drilling program is underway to expand resources. This dual-metal project combines exposure to record-high gold prices and critically short antimony supply, positioning Rua Gold well in the market.

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Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...

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Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

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Japan launches world's first national AI infrastructure with NVIDIA to boost physical AI across industries.

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UK flight searches surge up to 201% for 2026 solar eclipse hotspots in Europe

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Flight searches from the UK to destinations along the path of the August 12, 2026 solar eclipse have surged, with increases up to 201% for Spain's Cantabrian Coast and over 100% for Reykjavik, Iceland. This eclipse is notable as the first visible tot...

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Solana rises 30% since June, boosted by SBI partnership and bullish technical signals.

Solana rises 30% since June, boosted by SBI partnership and bullish technical signals.

Solana (SOL) has gained about 30% from its June low, trading around $78 and surpassing its 50-day EMA. The token's upward momentum is supported by increased speculative trading and a new SuperTrend buy signal, the first since October 2025. However, i...

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