Central Nevada Gold has completed a US$20 million acquisition of Newmont’s past‑producing Mule Canyon mine in Nevada, targeting a prefeasibility study and key permits in H2 2027 ahead of a potential 2028 construction decision. Mule Canyon previously produced about 500,000 oz gold at an average head grade of 3.8 g/t with ~94% metallurgical recovery, and comes with a database of 2,149 drill holes totalling over 335,000 metres across six mineralised zones over 2.5 km. The company plans an IPO as early as 2027 after a 20‑hole metallurgical and infill drilling programme to upgrade inferred resources and de‑risk the project.

Greenland Mines has secured government approval under the Greenland Mineral Activities Act for the indirect transfer of the Sarfartoq carbonatite complex exploration licence, clearing a key condition in its US$35 million acquisition from Neo Performance Materials, which retains offtake rights to up to 60% of future ore or concentrate. The Nd-Pr-enriched project, about 60 km from Kangerlussuaq, carries a historic NI 43-101 resource with 5.88 Mt indicated at 1.77% TREO and 2.46 Mt inferred at 1.59% TREO, based on 23,000 m of drilling. The news sent Greenland Mines’ NASDAQ-listed shares up more than 22%, giving the company a market capitalisation of US$31.4 million.

Silver surged about 20% in August to touch $70/oz on 21 August, driven by the US Treasury’s move to double long-bond buybacks, pushing prices above several banks’ 2026 baseline forecasts but still below the most bullish $110–$160/oz year-end and Q4 targets. Equity leverage has been stark: Hecla Mining gained 47%, Wheaton Precious Metals 44%, and Coeur, First Majestic and Fortuna each 42%, while the Global X Silver Miners ETF rose 35% and junior-focused SILJ 32%. Forecasts now span roughly $67–$118/oz for peaks, with tail-risk scenarios from Bank of America and BMO stretching above $135/oz if the gold–silver ratio compresses.