Mining Stock Daily Morning Briefing: Borealis Mining Receives Positive News from Forest Service, Prepares for Full Mine Restart
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Oct 21, 2025 Borealis Mining celebrates the US Forest Service's approval for a mine restart, targeting December mobilization. Cartier Resources reports promising drill results with high-grade mineralization. ATEX Resources showcases impressive copper grades in its latest hole 25C. Greenlight Metals reveals encouraging Phase 1 drill updates, while Banyan Gold highlights significant hits at the Powerline deposit. Goldheart Copper uncovers deep geophysical results, uncovering historic copper pits. A wealth of exploration news brings excitement to the mining sector!
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Prepare For Precious Metals Volatility
- Expect continued volatility in precious metals with rapid price swings in gold and silver.
- Monitor markets closely since equities often suffer larger moves than metal prices during squeezes.
US-Australia $3B Critical Minerals Deal
- The U.S. and Australia committed over $3 billion to joint critical minerals projects within six months.
- This signals growing government support and funding for strategic mineral supply chains.
Borealis Gets Approval For Expanded Mining
- The U.S. Forest Service approved Borealis Mining's minor modification enabling expanded pit work and infrastructure changes.
- Borealis plans contract mobilization in December and aims for a full mine restart in Q1 next year.