Strategic Minerals PLC has secured an extension of two years for access to the Cobre magnetite stockpile in New Mexico, now lasting until 31 March 2031. This extension, agreed through a Third Amendment to the existing sales contract, ensures continued internal cash flow to cover operating costs and support investment in new mining equipment. The extension also underpins the company’s ongoing operations at Cobre and aids progress on its Redmoor tungsten-tin-copper project in Cornwall. Cobre has been a revenue source since 2012, making this extension significant for Strategic Minerals' financial stability and growth plans.
Zcash (ZEC) surged to an intraday high of $1,249, its highest since late 2016, marking a weekly gain of over 45% and lifting its market cap to $20.44 billion, making it the ninth-largest crypto asset. The rally is driven by institutional interest, in...
Bitcoin's futures market experienced its sharpest deleveraging since 2023, with Binance's Bitcoin futures open interest briefly falling below its 180-day average during the largest liquidation event of the current cycle. This was driven by forced liq...
Solana (SOL) is trading around $103 after recovering above the $98 support level, maintaining a bullish but corrective consolidation phase. Bulls aim to break the key $110 resistance to trigger a stronger upward trend, with further targets near $146-...
Rainbow Rare Earths has progressed its Uberaba project in Brazil to the pre-feasibility stage, collaborating with The Mosaic Company. The study, expected to complete in the second half of 2027, will evaluate an on-site plant processing 2.7 million to...
On September 6, a software bug in Blockstream's Elements node caused 3,996 BTC to be withdrawn from the Liquid Network's federation reserves, dropping reserves by 95% from about 4,200 BTC to 197 BTC. This was not a hack but a flaw that bypassed the f...
