Morning Briefing: Rare earth producer receives US government funding

Good morning and welcome back to the Mining Stock Daily morning briefing. I am not Trevor Hall. I am Michael McCrae, hosting for Trevor who is at the AME Roundup. 

It’s Tuesday, January 27.

Precious metals continue its march into territories we have never seen before. Gold futures got as high as $5,130 before falling back. Silver futures reached $113.  Last checked Copper futures are at $5.86. The S&P is also green. Bloomberg says investor appetite for risk is the highest in five years as optimism about the economy counters geopolitical uncertainty, according to Goldman Sachs Group Inc. strategists. The bank’s risk appetite indicator hit 1.09 last week, the highest since 2021.

We’ll get to the news from the miners and explorers here in a moment, but first a quick word about today’s sponsor. 

This episode of Mining Stock Daily is brought to you by… Vizsla Silver

Vizsla Silver is focused on becoming one of the world’s largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 375,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at ⁠https://vizslasilvercorp.com/⁠

And here’s what you need to know this morning….. 

Yesterday the U.S. government announced that it is buying a 10% stake in the company USA Rare Earth, which is building a production plant in Oklahoma. The Department of Commerce announced a $1.6 billion funding package for the company. The company’s stock rose by double digits when the deal was announced. The company plans to go into production is 2026. At full capacity, the company says its facility will be able to produce nearly 5,000 metric tons, or hundreds of millions of magnets, annually.

Collective Mining announced that it expanded its Ramp Zone by Drilling its Highest-Grade, Northeasternmost and Deepest Intercept Ever: 58.10 Metres at 21.33 g/t Gold. In a news release Ari Sussman, Executive Chairman of Collective Mining said “We are invigorated to accelerate Apollo's transformation into a producing mine as it holds immense promise to become Colombia's next major and large-scale mining project.”. The Ramp Zone, which commences at approximately 1,000 meters above sea level, is classified as a reduced intrusion-related gold system with similarities, in terms of mineralogy, to the nearby Marmato Deeps deposit, owned by Aris Mining. (NYSE: CNL) News release.

Radisson Mining Announced Additional High-Grade Drill Results at its O'Brien project Including 23.37 g/t Au over 4.0 Metres and the Deepest Intercept to Date. In a news release CEO Matt Manson said "This latest batch of drill assays from O'Brien contain notable results from several areas of focus in our 140,000 metre step-out drill program. We continue to push the limits of known mineralization at O'Brien outwards and downwards.” Radisson is a gold exploration company focused on its 100% owned O'Brien Gold Project, located in Abitibi, Québec.  (TSXV: RDS) News release

Integra Resources’ Florida Canyon Mine delivered 70,927 ounces of gold, meeting full year production guidance of 70,000–75,000 gold ounces. The Company completed approximately $60 million of planned capital investment at Florida Canyon across mining, infrastructure, equipment, and growth drilling. It was Integra Resources first full year as a gold producer. The company announced 2025 gold production results. (TSXV: ITR) News release.

Ridgeline Minerals added Ryan Walchuck to its board. Walchuck is a  senior mining finance executive.  He is currently Senior Manager, Business Analysis at Rio Tinto. Ridgeline Minerals is a discovery focused precious and base metal explorer with a proven management team and a 200 km2 exploration portfolio across seven projects in Nevada, USA. (TSXV: RDG) News release.

Vizsla Copper said that it has received a formal letter of support from the Governor of Alaska recognizing the strategic importance of the Palmer Project in Southeast Alaska and reaffirming the State's commitment to responsible mineral development and domestic critical mineral supply. Vizsla Copper announced that it was acquiring Palmer for $25 million from American Pacific in November. The Palmer copper project is located in Alaska. (TSXV: VCU) News release.

Sierra Madre Gold and Silver received authorization for a change of land use for its Tlacotal property, located in Mexico. Alex Langer, Chief Executive Officer, said the land use change provides the company with optionality for future mine development pathways. (TSXV: SM). News release

The Mining Stock Daily morning briefing is produced by Clear Commodity Network. It is distributed throughout the world through your podcast network of choice, and by our friends at the Junior Mining Network. 

That’s it for today everyone. Have a great day. Stay safe. 

The information presented should not be considered investment advice. Mining stock daily and its affiliates are not responsible for any loss arising from any investment decision in connection with the material presented herein. Please do your own research or speak with a licensed financial representative before making any investment decisions.