Brazil to Hike Mining Royalties

Source: Reuters (9/6/11)

"Brazil's overhaul of its mining code will likely double average royalty rates for minerals."

Reuters

Brazil's overhaul of its mining code will likely double average royalty rates for minerals, Mines and Energy Minister Edison Lobao said on Tuesday.

Previously Lobao had said the government was considering a proposal to increase royalties to an average of 4 percent from 2 percent, but that the issue was still being studied. . .View full article

Mining Company Accelerates Development of High-Grade Gold in Chile
Source: Streetwise Reports (08/01/2025)

Rio2 Ltd. (RIO:TSX.V; RIOFF:OTCQX; RIO:BVL) updates the ongoing development of its wholly owned Fenix gold project, which is under construction in the Atacama region of Chile. Read why analysts think the company is at a great point to buy.

Mining Company Finds Excellent Copper-SIlver Potential in Colo.
Source: Streetwise Reports (08/01/2025)

Metallic Minerals Corp. (MMG:TSX.V; MMNGF:OTCQB) closes a previously announced brokered private placement, including the exercise in full of the over-allotment option, for total gross proceeds of more than CA$6 million. Read why some experts like this copper-silver-gold play.

Gold Co. Could Generate US$21 Million in Net Cash Flow in Year One
Source: Sid Rajeev (08/01/2025)

Blue Lagoon Resources Inc. (BLLG:CSE; BLAGF:OTCQB; 7BL:FSE) could generate US$21 million in net cash flow in year one alone from its Dome Mountain gold-silver operation, noted a Fundamental Research Corp. report.

Tungsten Co. Executes US Growth Strategy
Source: Streetwise Reports (08/01/2025)

Allied Critical Metals Inc. (ACM:CSE; ACMIF:OTCQB; 0VJ0:FSE) debuts on the OTCQB and launches a U.S.-based subsidiary as part of its North American expansion. Keep reading to discover more about this company's near-term plans and about the tungsten sector.

Junior Miner Strikes 1,010 g/t Gold in Nova Scotia
Source: Streetwise Reports (07/31/2025)

NexGold Mining Corp. (NEXG:TSX.V; NXGCF:OTCQX; TRC1:FSE) hit 40.09 g/t over 17.7m at its Goldboro project in Nova Scotia, including 1,010.0 g/t over 0.5 meters, 220.0 g/t over 0.5 meters and 125.5 g/t over 0.5 meters, just as key permits near approval. Read more to find out how this could reshape the next phase of development.