After having received funding from EIT Raw Materials, a body of the European Union, the Federal Ministry for Research, Technology and Space has selected Rock Tech for funding in the lithium field.
Rock Tech will collaborate with research partners from RWTH Aachen University (Rheinisch-Westfälische Technische Hochschule Aachen), one of Europe's leading technical universities, especially renowned for its strong competencies in engineering and applied sciences.
TORONTO, Aug. 12, 2025 /CNW/ – Rock Tech Lithium Inc. (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) (the "Company" or "Rock Tech") is pleased to announce that it has been awarded funding from the Bundesministerium für Forschung, Technologie und Raumfahrt (Federal Ministry for Research, Technology and Space) for the project "ELiSePro – Efficient Lithium Recovery Using Selective Processes". The aim of this initiative is to further increase lithium yield in our converter process at the Guben site, making a significant contribution to Germany's raw material independence.
Rock Tech Lithium Logo (CNW Group/Rock Tech Lithium Inc.)
The project will be implemented in collaboration with RWTH Aachen University, highlighting the strong partnership between industry and leading academic research in Germany. The total funding amount is approximately 250,000 Euros.
As part of the project, various state-of-the-art ion separation methods (including nanofiltration, capacitive deionization, and lithium-ion sieves) will be systematically compared to minimize lithium losses in the process. The results will be evaluated based on economic and technological criteria and are intended for direct industrial application in our Guben converter in order to increase our recovery. Innovative findings will also be published in scientific journals and be patented.
"This funding supports the technological advancement of the German and European battery industry – and even it's a relatively small amount, it's an important step towards building additional know-how for strengthening security of supply for critical raw materials and building sustainable value chains in Europe" says Mirco Wojnarowicz, CEO of Rock Tech.
In the past few months, Rock Tech has received funding from several public sources, to become a technological leader in lithium processing. This new funding underlines the strategic relevance of Rock Tech and its projects in Canada and Germany, the latter one of which was selected as strategic project under the EU Critical Raw Materials Act (CRMA). After having granted funding from EIT RawMaterials under the prestigious KAVA (Knowledge and Innovation Activities) grant program (800,000 Euros) as well as from Ontario's Critical Minerals Innovation Fund (CMIF) to advance lithium ore sorting technologies (388,000 CAD), this new funding is the third program to position Rock Tech as strategic relevant player in the lithium industry.
On behalf of the Company,Mirco WojnarowiczCEO
ABOUT ROCK TECHRock Tech's vision is to supply the electric vehicle and battery industry with sustainable, locally produced lithium, targeting a 100% recycling rate. To ensure resilient supply chains, the company plans to build lithium converters at the doorstep of its customers, beginning with the Company's proposed Lithium Hydroxide Converter in Guben, Brandenburg, Germany. The second Converter is planned to be built in, Ontario, Canada. Rock Tech Lithium plans to source raw material from its own Georgia Lake spodumene project in the Thunder Bay Mining District of Ontario, Canada, and procure from other ESG-compliant mines. Ultimately, Rock Tech's goal is to create a closed-loop lithium production system. Rock Tech has gathered one of the strongest teams in the industry to close the most pressing gap in the clean mobility story. The Company has adopted strict environmental, social and governance standards and is developing a proprietary refining process to increase efficiency and sustainability further.
Rock Tech Lithium Inc, 2700-40 Temperance Street, Toronto ON M5H 0B4 CAN.
CAUTIONARY NOTE CONCERNING FORWARD-LOOKING INFORMATION Certain statements contained in this news release constitute "forward-looking information" under applicable securities laws and are referred to herein as "forward-looking statements". All statements, other than statements of historical fact, which address events, results, outcomes or developments that the Company expects to occur are forward-looking statements. When used in this news release, words such as "expects", "anticipates", "plans", "predicts", "believes", "estimates", "intends", "targets", "projects", "forecasts", "may", "will", "should", "would", "could" or negative versions thereof and other similar expressions are intended to identify forward-looking statements. In particular, this press release contains forward-looking information pertaining to expectations concerning the Guben Converter, including the design and features of the Guben Converter, as well as the expected costs, capital expenditures, timing and outcomes thereof; statements regarding the Company's future plans, estimates, and schedules relating to the Guben Converter, including the anticipated timing of future activities taken in support of the development thereof; Rock Tech's potential financing arrangements; the expected funding from the Federal Ministry of Research, Technology and Space for the project ELiSePro as well as from EIT RawMaterials under the KAVA program and the CMIF, the expected economic performance of the Guben Converter and anticipated production of battery-grade Lithium Hydroxide and related processing methods and innovation employed; the estimated capital and operating costs of the Guben Converter; the anticipated timing and outcomes of a final investment decision, construction activities and commissioning of the Guben Converter; statements regarding the Company's sustainability and ESG related goals and strategy, including the benefits and achievement thereof and future actions taken by the Company in relation thereto; expected regulatory processes and final outcomes; expectations regarding the electric vehicle industry, including the demand for and pricing of battery-grade Lithium Hydroxide and the benefits therefrom, and the development of political and regulatory frameworks especially in Germany and the European Union; Rock Tech's opinions, beliefs and expectations regarding the Company's business strategy, development and exploration opportunities and projects; and plans and objectives of management for the Company's operations and properties. Forward-looking statements by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results to differ materially from the forward-looking statements, including the risks, uncertainties and other factors discussed in the Company's most recent management's discussion and analysis and annual information form filed with the applicable securities regulators. No assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, and the Company cautions the reader not to place undue reliance upon any such forward-looking statements. The Company does not intend, nor does it assume any obligation to update or revise any of the forward-looking statements, whether as a result of new information, changes in assumptions, future events or otherwise, except to the extent required by applicable law.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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–Niobium and rare earth element targets to be tested in underexplored carbonatite system
VANCOUVER, BC / ACCESS Newswire / August 12, 2025 / Apex Critical Metals Corp. (CSE:APXC)(OTCQX:APXCF)(FWB:KL9) ("Apex" or the "Company"), a Canadian mineral exploration company focused on strategic critical metals, is pleased to provide an update on its 2025 diamond drill program at its 100%-owned Cap Critical Minerals Project in central British Columbia.
The Cap Project, covering approximately 2,500 hectares, is host to carbonatite-hosted niobium and rare earth element (REE) mineralization, situated 85 km northeast of Prince George, BC. The 2025 exploration program will comprise up to 1,500 metres of diamond drilling and is fully funded and permitted under a five-year Multi-Year Area-Based (MYAB) permit.
Sean Charland, CEO of Apex, remarked, "As drilling continues, we are encouraged with the initial mineral observations by our geological team by what we've now identified within drill core samples, based on visual observations and portable XRF results, as mineralized carbonatite at our Cap project."
To date, four drill holes (CAP25-005, 006, 007 and 008) have been completed, for a total of 1,097 m, near the eastern extremity of the coincident soil geochemical and geophysical anomaly identified in prior exploration (see Figure 4). All drill holes intersected various intervals of carbonatite, fenite, and/or syenite that range from a few metres to more than 300-m drilled thickness (i.e., core length). The Company has yet to determine the true thickness and orientation of the carbonatite body, though it is now postulated that the carbonatite is near vertical in orientation.
Through geological logging of drill core, and supported by spot portable XRF readings, visible pyrochlore (Nb mineral) (see Figures 1 and 2) and rare earth minerals (see Figure 3) have been noted within various phases of the carbonatite. The Company cautions that the presence of carbonatite and identification of mineralization in drill core is based on visual mineral identification and spot portable XRF readings only and, therefore, until laboratory geochemical assays are received on core samples, there can be no confirmed determination as to the presence of niobium and/or rare earth element bearing minerals.
The first batch of samples from CAP25-005 and CAP25-006 have been processed and shipped to Activation Laboratories Ltd. preparation facility located in Kamloops, British Columbia with the geological team continuing to process the remaining core onsite. Core assays results are expected to be received over the next several weeks and continue into the fall.
Figure 1. Abundant, nuggety pyrochlore mineralization at 38 m to 41 m depth in CAP25-006 as indicated based on visual identification and portable XRF readings.
Figure 2. Coarse grained pyrochlore at ~68 m depth in CAP25-006 as indicated based on visual identification and portable XRF readings.
Figure 3. Abundant visible rare earth fluorocarbons with carbonatite/fenite at ~184 m depth in CAP25-007, as indicated based on visual identification and portable XRF readings.
Figure 4: Map showing approximate location of drillholes CAP25-005, 006, 007 and 008 relative to 2024 surface samples and historical drillholes
A summary of planned orientations, depths and visually logged lithologies from the completed drillholes is provided in Table 1.
Table 1: Summary of Completed Drillholes and Logged Lithologies*
*Lithologies are based on preliminary geological logging and visual identification only. No laboratory assays have yet been received to confirm the presence of niobium and/or rare earth element bearing minerals in relation to the logged lithologies.
Sampling, Analytical Methods and QA/QC ProtocolsAll drilling was completed using a helicopter supported diamond drill rig with NQ size core and all drill core samples have been or will be shipped to Activation Laboratories Ltd. preparation facility in Kamloops, British Columbia, for standard sample preparation (code RX1) which includes drying, crush (< 7 kg) up to 80% passing 2 mm, riffle split (250 g) and pulverize (mild steel) to 95% passing 105 µm. The samples will be subsequently analyzed using Code 8 by XRF Nb₂O₅, ZrO2 and Ta2O5 (0.003%), Code 8 – REE Assay (lithium metaborate/tetraborate fusion with subsequent analysis by ICP and ICP/MS), and 1A2 Au by Fire Assay. Drill core was saw-cut with half-core sent for geochemical analysis and half-core remaining in the box onsite.
A Quality Assurance/Quality Control protocol was incorporated into the program and included the insertion of certified reference material at and silica blanks at a rate of approximately 5 % and 5 %, respectively.
Qualified PersonThe technical content of this news release has been reviewed and approved by Nathan Schmidt, P. Geo. (EGBC Licence 48336), Geologist for Dahrouge Geological Consulting Ltd. (EGBC Permit to Practice 1003035), and a Qualified Person under NI 43-101 on standards of disclosure for mineral projects.
Mr. Schmidt has verified all scientific and technical data disclosed in this news release including the sampling and QA/QC results, and certified analytical data underlying the technical information disclosed. Mr. Schmidt noted no errors or omissions during the data verification process. The Company and Mr. Schmidt do not recognize any factors of sampling or recovery that could materially affect the accuracy or reliability of the assay data disclosed in this news release.
About Apex Critical Metals Corp. (CSE:APXC)(OTCQX:APXCF)(FWB:KL9)Apex Critical Metals Corp. is a Canadian exploration company specializing in the acquisition and development of properties prospective for carbonatites and alkaline rocks with potential to host economic concentrations of rare earth elements (REE's), niobium, gold and copper mineralization. Apex's Cap Property located 85 kilometres northeast of Prince George, B.C., spans 25 square kilometres and hosts a recently identified promising 1.8-kilometre niobium in soil trend. The Company's Bianco carbonatite Project encompasses 3,735 hectares covering a large carbonatite complex within an area known for significant niobium mineralization in northwestern Ontario. The Lac Le Moyne Project covers approximately 4,025 hectares and is situated several kilometers to the northwest of Commerce Resources Corp.'s Eldor Carbonatite Complex located in Quebec, Canada.
Carbonatites are extremely rare rock types, with fewer than 600 known worldwide. They are host to rare earth element ("REE") minerals, niobium, tantalum and phosphate, as well as copper and gold. Carbonatites are host to the world's largest and most productive niobium deposits, including Araxa and Catalão in Brazil, and Niobec in Quebec. In addition, they are the primary source of REEs, including Mountain Pass in California, Mount Weld in Australia, and Bayan Obo in China. They are also important sources of phosphate (apatite), including Cargill, Ontario, while the Palabora mine in South Africa has produced copper, nickel, gold, magnetite, and vermiculite. Other carbonatites are known to have produced gold, iron, zirconium, fluorite, and other industrial minerals.
By acquiring a variety of carbonatite projects, Apex intends to investigate potential high-value opportunities to meet the growing global demand of specialty metals across various industries. Apex is publicly listed in Canada on the Canadian Securities Exchange (CSE) under the symbol APXC and quoted on the OTCQX market in the United States under the symbol APXCF, and in Germany on the Borse Frankfurt under the symbol KL9 and/or WKN: A40CCQ. Find out more at www.apexcriticalmetals.com and to sign up for free news alerts please go to https://apexcriticalmetals.com/news/news-alerts/, or follow us on X (formerly Twitter), Facebook or LinkedIn.
On Behalf of the Board of Directors
APEX CRITICAL METALS CORP.,Sean CharlandChief Executive OfficerTel: 604.681.1568Email: info@apexcriticalmetals.com
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:This news release may contain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward-looking statements in this news release include statements with respect to the start of the Company's anticipated drilling program and the Company's intention to further investigate high-value opportunities on its properties for specialty metals. Forward-looking statements are subject to various known and unknown risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. Risks that could change or prevent these events, activities or developments from coming to fruition include: that we may not be able to fully finance any additional exploration on the Company's properties; that even if we are able raise capital, costs for exploration activities may increase such that we may not have sufficient funds to pay for such exploration or processing activities; the timing and content of any future work programs; geological interpretations based on drilling that may change with more detailed information; potential process methods and mineral recoveries assumptions based on limited test work and by comparison to what are considered analogous deposits that, with further test work, may not be comparable; testing of our process may not prove successful or samples derived from our properties may not yield positive results, and even if such tests are successful or initial sample results are positive, the economic and other outcomes may not be as expected; the anticipated market demand for REE and other minerals may not be as expected; the availability of labour and equipment to undertake future exploration work and testing activities; geopolitical risks which may result in market and economic instability. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
SOURCE: Apex Critical Metals Corp.
View the original press release on ACCESS Newswire
Consortium signing ceremony
Singapore, Aug. 12, 2025 (GLOBE NEWSWIRE) — An industry consortium comprised of leading steelmakers ArcelorMittal Nippon Steel India, JSW Steel, Hyundai Steel Company and other value chain players, BHP, Chevron, Mitsui & Co., Ltd. (the Consortium), are undertaking a pre-feasibility study to assess the development of Carbon Capture, Utilisation and Storage (CCUS) hubs across Asia.
The CCUS Hub study is the first independent industry-led study of its kind in Asia and will examine the technical and commercial pathways to utilising CCUS in hard-to-abate industries across Asia. The study will focus on the potential to develop large-scale projects which can repurpose, or store, captured carbon dioxide (CO2).
By leveraging shared infrastructure and economies of scale, the study will seek potential applications for captured CO2 in industrial processes, or transport captured CO2 via pipeline or shipping to storage sites in Asia or Northern Australia.
The plan is for each participant in the study to be included in at least one hub, and the study will deliver conceptual development strategies for each hub including cost and schedule estimates, and potential commercialisation pathways.
The study will also look at non-technical enablers required to make CCUS hubs a reality, for example regulatory assessments including intra and inter-regional assessments of CCUS and cross border transport.
The Consortium, which is open to additional members joining and contributing to the study, has appointed Hatch as Project Management Officer in collaboration with Global CCS Institute, McDaniel, and Pace CCS.
The study is expected to conclude at the end of 2026, with findings to be shared publicly to promote broader industry learning and support the development of enabling policy and regulatory frameworks.
A role for CCUS is well represented in a number of external global climatic scenarios. Carbon capture technologies used in a range of existing industrial applications are relatively mature, and able to integrate with existing facilities.
The Consortium is prioritising the next important step – the study of scalable utilisation and storage solutions to test the potential for broader adoption to support decarbonisation, especially in regions where regulatory hurdles and market maturity limit progress.
By concentrating on regional hubs, the Consortium’s study will look to find ways to solve the challenge of scale by aggregating captured carbon into sufficiently large quantities to:
Optimise the unit cost of capture, transportation, and storage through economies-of-scale
Provide sufficient scale for economic utilisation solutions
Unlock novel solutions for multiple hard-to-abate industries at once, to enable regional decarbonisation efforts to be accelerated, and/or
Ensure cost and risk is appropriately shared among interested parties.
Comment from Dr Ben Ellis, Vice President Marketing Sustainability, BHP
“BHP is committed to supporting our steelmaking customers on their journey to decarbonise the industry.
With more than 1 billion tonnes of production a year in Asia coming from blast furnace capacity that is relatively early in its production life, it’s important for industry to progress technologies to decarbonise existing steelmaking assets while new commercial pathways to decarbonise steelmaking are developed over time.
By leveraging shared knowledge and resources with our partners, we are investing in support for innovative solutions—like the potential of CCUS—that we see as an essential part of decarbonising hard-to-abate sectors such as steelmaking.”
Comment from Dr. Arvind Bodhankar, the Chief Sustainability Officer at ArcelorMittal Nippon Steel India (AM/NS India)
"At AM/NS India, we recognise that the future of steel is inextricably linked to the well-being of our planet and the generations to come. The choices we make today will fundamentally shape the next generation, far more than our own. This profound responsibility underpins our commitment, which extends well beyond the delivery of world-class steel. It is this shared vision that has led to the formation of a robust consortium, which will enable all stakeholders to strategically undertake pioneering initiatives not only to decarbonise steelmaking but also set new benchmarks in industrial practices. For AM/NS India, the priority is to spearhead a new era of industrial responsibility and leadership, with the clear purpose of accelerating India's journey towards the net-zero goal and significantly enhancing its global competitiveness."
Comment from Prabodha Acharya, the Chief Sustainability Officer at JSW Group
“Sustainability is a value that lies at the very core of JSW's Sustainability Vision that shapes the organization's strategic goals and priorities.
We remain committed to transforming our sustainability vision into reality with specific targets and commitments. We aim to reduce our CO2 emission intensity in steelmaking by 42% by 2030 from a base year of 2005 and achieving net neutral carbon emissions by 2050. This commitment to decarbonization has already progressed well and achieved a reduction of carbon emissions intensity by 30% against our 2005 baseline.
However, we believe that, CCUS has to be developed to become a financially viable decarbonization lever which would be crucial to achieve near zero emissions in the steel sector. Partnerships and collaboration to accelerate the development and deployment of CCUS is essential, and this consortium would help pave the way forward”.
Comment from Yonghee Kim, Vice President of the Process R&D Sub-division, Hyundai Steel
“Hyundai Steel is committed to leading the decarbonisation of the steel industry, despite it being one of the most carbon-intensive and technically challenging sectors to decarbonise.
This consortium goes beyond conventional technological development – it aims to deliver real and measurable emissions reductions through collaboration with global partners, sharing knowledge and experience across borders.
Hyundai Steel will continue to take the lead in developing a wide range of low-carbon technologies, including CCUS, contributing to the overall sustainability of the industry.”
Comment from David Fallon, Chevron Australia Lower Carbon Execution General Manager
“Chevron believes in the critical role CCUS can play in a lower carbon world, including by reducing carbon emissions in the hard-to-abate sectors.
We are focused on leveraging our expertise and global reach to advance CCS technologies and scale lower carbon solutions across the value chain with a focus on areas including the hard-to-abate sector.”
Comment from Masaya Inamuro, Chief Operating Officer of Mineral & Metal Resources Business Unit, Mitsui & Co., Ltd.
"Mitsui has established a vision to achieve net-zero emissions by 2050 and is targeting a 30% reduction by 2030, relative to 2020 levels.
We are committed to accelerating the transition to a low-carbon future by initiating a study on CCUS in collaboration with key industrial partners across the Asia-Pacific region.
This initiative aims to explore viable pathways for large-scale CO₂ reduction and lay the groundwork for future deployment of decarbonization solutions in various industries."
+++
BHP is a global resources company. With more than 90,000 employees and contractors, we work in more than 90 locations worldwide and our products are sold globally. We're focused on the resources the world needs to grow and decarbonise. Population growth, urbanisation and improving living standards are global trends that underpin strong demand for the commodities we produce. Demand for essential commodities is expected to increase as the world seeks to decarbonise. Our project pipeline and focus on continuous improvement in existing operations leave us well positioned for growth across our four commodity pillars of copper, potash, iron ore and steelmaking coal in the decades ahead.
We are partnering with customers and others to try to accelerate decarbonisation in steelmaking. BHP’s 2030 goals include supporting industry to develop steel production technology capable of 30 per cent lower GHG emissions intensity relative to conventional blast furnace steelmaking, with widespread adoption expected post-2030.
ArcelorMittal Nippon Steel India (AM/NS India) is a joint venture between ArcelorMittal and Nippon Steel, two of the world’s leading steel manufacturing organisations. A leading integrated flat carbon steel producer in India, the company has a crude steel capacity of 9 million tonnes per annum with state-of-the-art downstream facilities. It produces a fully diversified range of flat steel products, including value-added steel, and has a pellet capacity of 20 million tonnes. With the objective to make steel production climate-neutral, AM/NS India has strategic plans to transition its business to cleaner technology and is looking to strengthen its sustainability roadmap through clean energy sources viz., renewable power, natural gas, carbon capture utilization and/or storage and green hydrogen.
Hyundai Steel Company, established in 1953 as Korea’s first steel manufacturer, is a member of Hyundai Motor Group and a recognized leader in high-performance steel materials. Hyundai Steel has paved the way for sustainable growth by launching its blast furnace business in the 2010s as a new growth engine, in addition to its existing electric arc furnace-based operations. Hyundai Steel has served as a prime mover in Korea’s steel industry and is now actively undertaking the establishment of an overseas production base to secure a foundation for future growth. Hyundai Steel aims to achieve Net Zero carbon emissions by 2050, emphasizing sustainable practices and innovative carbon-neutral technologies to meet government-mandated carbon reduction requirements and become a low-carbon steelmaker.
JSW Steel is the flagship company of the US$23 billion JSW Group, a diversified Indian conglomerate with interests spanning energy, infrastructure, cement, paints, realty, mobility, defence, sports, and venture capital. Over three decades, JSW Steel has evolved into India’s leading integrated steel producer with a consolidated crude steel capacity of 35.7 MTPA (including 1.5 MTPA in the US), set to grow to 43.4 MTPA in three years. Its Vijayanagar plant in Karnataka is India’s largest single-location steel facility at 17.5 MTPA.JSW Steel is recognized for sustainability and operational excellence, earning accolades like the Steel Sustainability Champion (2019–2025), Deming Prize for TQM, and top rankings in CDP disclosures and global sustainability indices. It ranks 2nd globally in S&P Global CSA Score 2024 and 8th in World-Class Steelmaker Rankings by WSD. Committed to climate goals, JSW Steel targets a 42% CO₂ reduction by 2030 and net-zero emissions by 2050, aiming to power steel-making entirely with renewables by 2030. It’s also certified as a Great Place to Work and recognized among India’s best employers in health and wellness.
Chevron Australia New Energies (CANE) is a subsidiary of Chevron, one of the world's leading integrated energy companies and through its Australian subsidiaries, has been present in Australia for more than 70 years. With the ingenuity and commitment of thousands of workers, Chevron in Australia operates the Gorgon and Wheatstone natural gas facilities and is a significant investor in exploration, operates one of the world’s largest integrated CCS projects at Gorgon, and delivers quality fuels and lubricants primarily via its Caltex network of service stations across Australia. Globally, Chevron aims to grow its oil and gas business, lower the carbon intensity of its operations, and grow new businesses in renewable fuels, carbon capture and offsets, hydrogen, power generation for data centers, and emerging technologies, through various subsidiaries including CANE.
Mitsui & Co., Ltd. is a global trading and investment company with a presence in more than 60 countries and a diverse business portfolio covering a wide range of industries. Mitsui & Co., Ltd. identifies, develops, and grows its businesses in partnership with a global network of trusted partners including world leading companies, combining its geographic and cross-industry strengths to create long-term sustainable value for its stakeholders. Mitsui & Co., Ltd. has set "Global Energy Transition" as one of Key Strategic Initiatives in the Medium-term Management Plan 2026.
Attachment
CONTACT: Lindsay Janca Hatch Ltd +1 905 403 4199 media@hatch.com Michael Cox BHP +65 8964 3561 michael.cox1@bhp.com
SAO PAULO (Reuters) -Brazilian miner Samarco, a joint venture between Vale and BHP, has received approval from a court in Minas Gerais state to exit bankruptcy protection proceedings, it said in a statement on Tuesday.
The process allowed Samarco to reorganize more than 50 billion reais ($9.28 billion) in liabilities involving around 10,000 creditors, the statement said. The proceedings were triggered by a 2015 dam collapse near the Brazilian city of Mariana which halted operations for several years.
($1 = 5.3896 reais)
(Reporting by Marta Nogueira; Writing by Isabel Teles; Editing by Kylie Madry)
Written by Amy Legate-Wolfe at The Motley Fool Canada
If you’ve got $5,000 ready to put to work in the market and the patience to let it grow, a few Canadian names look like they could reward you for years to come. They aren’t quick flips or speculative flyers. These are well-established Canadian stocks with strong growth potential, solid business models, and room to expand their reach. Right now, Alimentation Couche-Tard (TSX:ATD), Air Canada (TSX:AC), and Teck Resources (TSX:TECK.B) each offer a different way to tap into long-term market trends without having to overthink your timing.
ATD
Couche-Tard has been a quiet Canadian growth machine for decades, and its latest quarter showed it’s still a steady operator even when conditions get tricky. The convenience store giant reported merchandise revenue growth in Canada and Europe, with Canadian same-store sales up 3.5% year over year. Fuel volumes in Canada also rose 3.7%, offsetting softer U.S. numbers.
While adjusted earnings per share (EPS) dipped 4.2% from last year, the company is still highly profitable with a forward price-to-earnings (P/E) ratio around 17.5 and a return on equity above 18%. Couche-Tard’s scale, disciplined cost control, and ability to integrate acquisitions like its TotalEnergies assets keep it positioned for steady expansion.
Risks here are tied to fuel margins and discretionary spending, but its global network gives it flexibility to adapt. Over time, the combination of share buybacks, dividend growth, and operational efficiencies has the potential to turn even modest growth into impressive shareholder returns.
AC
Air Canada has had to navigate turbulence before, but it’s now flying with a healthier balance sheet and a clearer growth runway. Now that we’ve got all the puns out of the way, let’s look at earnings.
In its second quarter, the airline posted operating revenue of $5.6 billion, up 2% from last year, along with an operating margin of 7.4%. Premium revenues climbed 5%, showing customers are still willing to pay up for better service. Operationally, the airline led major North American carriers in on-time performance for May and June, a win for brand reputation.
The carrier also completed a $500 million share buyback during the quarter and has a leverage ratio of 1.4, which gives it more breathing room than in the past. Looking ahead, Air Canada expects to expand capacity up to 3.8% in the third quarter and is sticking with its 2025 adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) guidance of $3.2 to $3.6 billion. If travel demand remains steady, the stock’s relatively low forward P/E under 10 could make it a compelling long-term hold.
Teck
Teck Resources offers a very different kind of growth story, one rooted in the long-term need for copper. The Canadian stock’s second quarter brought in adjusted EBITDA of $722 million, with copper production holding steady at just over 109,000 tonnes. The big news was the approval of its Highland Valley Copper Mine Life Extension project, which will keep production going until 2046 with an average output of 132,000 tonnes per year.
Teck has been aggressive about returning cash to shareholders, repurchasing $1 billion worth of shares so far this year. It also holds $4.8 billion in cash and has total liquidity of $8.9 billion, which gives it a buffer against commodity price swings. While earnings are vulnerable to copper price fluctuations and higher operating costs, the long-term demand story for copper could keep Teck well-positioned for decades.
Bottom line
With $5,000 split across these three names, you’d be tapping into three industries with very different economic drivers. That diversification helps balance risks, since each company’s performance depends on separate forces. None are immune to headwinds, but each has a clear growth path, disciplined capital allocation, and strong positioning in its sector.
The best part of a long-term approach is that you don’t need to catch the exact bottom or sell at the peak. With these Canadian stocks, the real value comes from holding through the cycles, letting dividends, buybacks, and earnings growth do the work. Five years from now, you might look back and be glad you put that $5,000 to work in three very different but equally promising Canadian growth stories.
The post 3 Canadian Stocks to Buy With $5,000 for Long-Term Growth appeared first on The Motley Fool Canada.
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Fool contributor Amy Legate-Wolfe has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alimentation Couche-Tard. The Motley Fool recommends Air Canada. The Motley Fool has a disclosure policy.
2025
(Reuters) -BHP, the world's largest miner, is leading a global consortium of steelmakers to explore carbon capture, utilisation and storage (CCUS) opportunities across Asia, project manager Hatch said on Monday.
The group, comprising ArcelorMittal Nippon Steel India, JSW Steel, Hyundai Steel, Chevron Corp and Mitsui & Co, will assess the deployment of CCUS in "hard-to-abate" sectors, such as steelmaking.
The one-year pre-feasibility study will focus on the potential to develop large-scale projects in Asia, which could repurpose or store captured carbon dioxide.
While carbon capture technologies are relatively mature, they face cost and regulatory hurdles in many Asian markets.
The consortium will evaluate how shared infra can cut costs, aggregate sufficient volumes of carbon dioxide for storage or reuse and distribute risks across companies.
"By leveraging shared knowledge and resources with our partners, we are investing in support for innovative solutions, like the potential of CCUS, that we see as an essential part of decarbonising hard-to-abate sectors such as steelmaking," said Ben Ellis, BHP's vice president of marketing sustainability.
The study is expected to conclude at the end of 2026, with findings to be made public.
(Reporting by Shivangi Lahiri in Bengaluru; Editing by Sumana Nandy)
SANTIAGO (Reuters) -Copper production from Chilean state-run miner Codelco ticked up 17% year-over-year in June, data from copper commission Cochilco showed on Monday, climbing to 120,200 metric tons.
Codelco is the world's largest miner of the red metal.
Meanwhile production at BHP's Escondida mine, the world's largest copper mine, slid 33% to 76,400 tons.
At Collahuasi, another major copper mine jointly run by Glencore and Anglo American, output fell 29% to 34,300 tons.
(Reporting by Fabian Cambero; Editing by Alexander Villegas)
Hudbay Minerals HBM is slated to report second-quarter 2025 results on Aug. 13, before market open. HBM is expected to deliver a year-over-year improvement in both its top and bottom lines in the quarter, aided by higher gold and copper prices.
The Zacks Consensus Estimate for HBM’s second-quarter 2025 revenues is currently pegged at $495.3 million, indicating year-over-year growth of 16.4%. The estimate for earnings has moved down 35.3% over the past 60 days to 11 cents per share. Despite this, the consensus mark indicates a solid jump from the break-even earnings reported in the last year’ quarter.
Zacks Investment Research
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Hudbay Minerals’ Earnings Surprise History
The company’s earnings outpaced the Zacks Consensus Estimate in two of the last four quarters, while matching in one quarter and missing in the remaining quarter. HBM has a trailing four-quarter earnings surprise of 50%, on average.
Zacks Investment Research
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What the Zacks Model Unveils for HBM Stock
Our proven model does not conclusively predict an earnings beat for Hudbay Minerals this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, but that is not the case here.
Earnings ESP: HBM has an Earnings ESP of 0.00%. You can uncover the best stocks before they are reported with our Earnings ESP Filter.
Zacks Rank: The company currently carries a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here.
Factors Likely to Have Shaped Hudbay Minerals’ Q2 Performance
In the first quarter of 2025, HBM produced 30,958 tons of copper and 73,784 ounces of gold. While copper output fell 11% and gold production declined 18% compared with the first quarter of 2024, these results were in line with the company’s internal expectations. Consolidated silver output totaled 919,775 ounces, down 3% year over year, while zinc production fell 29% to 6,265 tons.
The ongoing stripping phase in the high-grade Pampacancha pit has weighed on the company’s production numbers in Peru. However, this setback was partially offset by higher gold production in Manitoba from better-than-expected gold grades.
The Manitoba operations delivered 60,354 ounces of gold, 3,469 tons of copper, 6,265 tons of zinc and 285,603 ounces of silver in the quarter, delivering on targets. Compared with the first quarter of 2024, production of gold was up 6% due to higher grades, copper was up 10% and silver gained 30%. Zinc production, however, was down 29%.
For 2025, Hudbay Minerals’ production guidance calls for 117,000–149,000 tons of copper, 247,500–308,000 ounces of gold, 21,000–27,000 tons of zinc, 3.52–4.39 million ounces of silver and 1,300–1,500 tons of molybdenum. Compared with the 2024 production levels, the midpoint of the copper guidance implies a 4% decline mainly due to lower grades in Peru as Pampacancha depletes by year-end, partially offset by higher production in British Columbia from increased mill throughput and improved grades.
Gold guidance suggests a 16% decline at the midpoint as the accelerated mining of high-grade gold at Pampacancha last year of high-grade gold zones at Lalor in 2024, resulted in both Peru and Manitoba delivering higher numbers in 2024. The zinc and silver guidances suggest year-over-year declines of 16%, 28% and 1%, respectively. The Molybdenum expectations, however, indicate a 6% climb.
These lower volumes are likely to be reflected in the company’s second-quarter results as well.
The quarter also saw operational challenges from wildfires in Manitoba, prompting evacuation orders in Snow Lake, Flin Flon and nearby areas. Although Hudbay Minerals no longer mines in Flin Flon after closing the 777 mine in 2022, it maintains care and maintenance activities there and provides support services for Snow Lake. The company expects temporary reduced production levels in Snow Lake. However, given its strong year-to-date performance, it remains on track to deliver 2025 targets.
In the April-June 2025 period, gold prices averaged around $3.301.42 per ounce, marking a 41% year-over-year increase. Tariff threats, financial uncertainty, geopolitical tensions and solid demand from central banks boosted gold prices. Prices had even reached the $3,500 per-ounce mark for the first time. Silver prices rose 16%. Copper prices also demonstrated strength and the average price was up 5% year over year.
These favorable pricing trends are expected to have helped offset the impact of lower production volumes on HudBay Minerals’ top-line performance in the to-be-reported quarter. Also, the company’s ongoing effective cost control across all business units is likely to have boosted earnings in the quarter.
HudBay Minerals’ Price Performance & Valuation
HBM shares have gained 19% in the past three months, outpacing the industry’s growth of 17.9%. The company has performed better than its peers, Teck Resources TECK and ERO Copper ERO. While Teck Resources has declined 18.5% year to date, Ero Copper has gained 3.5%.
HBM’s Price Performance vs. Industry, Teck Resources & Ero CopperZacks Investment Research
Image Source: Zacks Investment Research
HudBay Minerals is currently trading at a forward price/sales ratio of 1.74 compared with the industry's 1.15.
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Image Source: Zacks Investment Research
ERO Copper is a cheaper option, trading at a forward price/sales ratio of 1.61. Teck Resources, however, is trading higher at 2.02.
Investment Thesis on HudBay Minerals
Hudbay Minerals’ diversified copper and gold operations in Peru and Canada provide leverage to strong commodity prices and robust free cash flow. The company is advancing high-return brownfield mill upgrades and greenfield copper projects to drive growth. Copper output is projected to average 144,000 tons annually over the next three years and rise 17% (from 2024 levels) to 161,000 tons by 2027, aided by Copper Mountain optimization. Full ownership of Copper Mountain boosts 2027 attributable output by 200% compared with 2024. Copper World is the highest grade and lowest capital intensity fully permitted copper project in the Americas. Gold production is set to average 253,000 ounces annually, supported by strong Manitoba output.
Should You Buy HBM Stock Now?
Hudbay Minerals is expected to post upbeat second-quarter results, mainly driven by higher gold prices. However, lower production levels for the year due to the depletion of the high-grade Pampacancha deposit in Peru remain a concern. Given the stock’s currently elevated valuation compared with peers, new investors may be better off waiting for a more attractive entry point. Existing shareholders should consider holding the stock to benefit from its robust long-term fundamentals and exposure to gold and base metals.
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Wheaton Precious Metals Corp. WPM reported adjusted earnings per share of 63 cents in second-quarter 2025, which surpassed the Zacks Consensus Estimate of 58 cents. The bottom line surged 90.9% year over year.
WPM Q2 Revenues Reflect Higher Metal Prices
Wheaton Precious Metals generated record revenues of around $503 million, which improved 68.3% on a year-over-year basis. The upside was caused by a 32% increase in average realized price and a 28% improvement in gold equivalent ounces (GEOs) sold. The top line beat the Zacks Consensus Estimate of $468 million.In the second quarter, the average realized gold price was $3,318 per ounce. The figure was 40.8% higher than the year-ago quarter. Silver prices were $34.05 per ounce, up 17% year over year. Palladium prices were $996 per ounce compared with $979 per ounce in the prior-year quarter. Cobalt prices improved 16.1% year over year to $18.60 per pound.
Wheaton Precious Metals’ Q2 Gold Equivalent Production Rises Y/Y
WPM’s gold production was 91,968 ounces, up from the prior-year quarter’s 83,743 ounces. Attributable silver production increased 7.1% year over year to 5,407 ounces, while palladium production fell 43.9% to 2,435 ounces. The company produced 158,608 GEOs in the June-end quarter, up 9.5% from the prior-year quarter’s 144,904 GEOs.
Wheaton Precious Metals sold 157,916 GEOs, up 27.9% from the last-year quarter.
Wheaton Precious Metals Corp. Price, Consensus and EPS Surprise
Wheaton Precious Metals Corp. Price, Consensus and EPS Surprise
Wheaton Precious Metals Corp. price-consensus-eps-surprise-chart | Wheaton Precious Metals Corp. Quote
WPM’s Margins Rise Y/Y in Q2
The total cost of sales was up 33% year over year to around $150 million in the second quarter. The gross profit surged 86.9% to $353 million. The gross margin was 70.2% in the reported quarter compared with 62.3% in the prior-year quarter.General and administrative expenses increased 7.6% year over year to $11 million. Earnings from operations were $330 million, a 95.1% rise from $169 million in the second quarter of 2024.Average cash costs in the second quarter of 2025 were $470 per GEO, up from $437 in the year-ago quarter. The cash operating margin increased 37% year over year to $2,717 per GEO sold due to a higher realized price per ounce.
Wheaton Precious Metals’ Balance Sheet Updates
The company had around $1 billion of cash in hand at the end of the second quarter of 2025 compared with $0.83 billion at the end of 2024. It reported an operating cash flow of $415 million compared with $234 million in the prior-year quarter. The company has a $2-billion undrawn revolving credit facility. The maturity date has been extended to June 23, 2030.
WPM Reaffirms 2025 Outlook
Gold production is expected to be 350,000-390,000 ounces. Silver production is projected between 20.5 million and 22.5 million ounces. The production of other metals is anticipated to be 12,500-13,500 GEOs.
Wheaton Precious Metals Stock’s Price Performance
Shares of Wheaton Precious Metals have gained 77.7% in the past year compared with the industry’s 15.7% growth.
Zacks Investment Research
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WPM’s Zacks Rank
Wheaton currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Wheaton Precious Metals’ Peer Performances
Kinross Gold Corporation KGC reported adjusted earnings of 44 cents per share compared with the prior-year quarter’s 14 cents. The bottom line beat the Zacks Consensus Estimate of 33 cents.Kinross Gold’s revenues rose 41.7% year over year to $1,728.5 million in the second quarter. It topped the Zacks Consensus Estimate of $1,347.3 million. The rise is attributed to a higher average realized gold price.Agnico Eagle Mines Limited AEM reported adjusted earnings of $1.94 per share for the second quarter of 2025, up from $1.07 in the year-ago quarter. The bottom line topped the Zacks Consensus Estimate of $1.83.Agnico Eagle Mines generated revenues of $2,816.1 million, up 35.6% year over year. The top line surpassed the Zacks Consensus Estimate of $2,553 million.Teck Resources Limited TECK came out with earnings of 27 cents per share in the second quarter of 2025, beating the Zacks Consensus Estimate of 2 cents. This compares with earnings of 58 cents per share a year ago.Teck Resources posted revenues of $1.46 billion in the quarter, missing the Zacks Consensus Estimate by 8.7%. This compares with year-ago revenues of $2.83 billion.
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TORONTO, ON / ACCESS Newswire / August 11, 2025 / Grid Metals Corp. (TSXV:GRDM)(OTCQB:MSMGF) ("Grid" or the "Company") is pleased to provide an update at its Makwa Ni-Cu-PGE project in southeastern Manitoba where an Option and Joint Venture Agreement (the "Agreement") with Teck Resources Limited ("Teck") was announced in December 2024. The target model is a footwall-hosted Ni-Cu-PGE deposit similar to the Eagle's Nest deposit1 located in Ontario's 'Ring of Fire' mineral district. Initial exploration completed under the new option and joint venture agreement has led to the discovery of semi-massive nickel sulfide mineralization at surface (up to 1.1% nickel in grab samples, see Table 1) associated with a recently identified geophysical anomaly ("Pavo" or the "Pavo Anomaly") in a previously unexplored part of the Makwa property. The Pavo Anomaly is now a priority drill target with drilling anticipated to commence in the Fall of 2025.
Dr. Dave Peck, the Company's V.P. Exploration, stated, "The new discovery of nickel-rich magmatic massive sulfide mineralization at Pavo is significant given its location in an interpreted feeder structure to the Bird River Sill – host to most of the known Ni-Cu-PGE sulfide mineralization in the Bird River Belt. Importantly, the Pavo conductor trend is contained within a large magnetic anomaly that suggests a large volume of prospective ultramafic rocks are present in the broader target area. Our view, shared by Federal and Provincial Government geoscientists2, is that the Bird River Belt is strongly analogous to the Ring of Fire District in northwestern Ontario where a significant Ni-Cu-PGE deposit at Eagle's Nest was discovered in 2007. The potential to participate with Teck in the discovery of an Eagle's Nest-type sulfide deposit is an exciting opportunity for Grid."
The Pavo Anomaly: A new grassroots nickel sulfide surface discovery in the footwall of the Bird River Sill
The Pavo Anomaly is a shallow electromagnetic ("EM") conductor trend that has a strike length of approximately 600m in east-west extent that was outlined from an airborne geophysical survey completed in late 2024. The Company completed reconnaissance geology in the area and one day of field prospecting at the Pavo Anomaly (Blaze Showing) before forest fires restricted access to the area. Nonetheless, the initial day of prospecting led to the discovery of semi-massive sulfide mineralization in soil-covered bedrock located directly on the eastern part of the Pavo Anomaly. Initial grab samples taken from this new showing returned peak nickel grades of up to 1.1% hosted by semi-massive magmatic sulfide mineralization (see Table 1).
1 The Eagle's Nest deposit in the McFauld's Lake greenstone belt of northwestern Ontario is an established, high-grade magmatic nickel sulfide resource that is owned by Wyloo Canada. See the Wyloo website for more information about the Eagle's Nest deposit: https://wyloo.com/wylooeaglesnest/
2 Geological Survey of Canada Open File Report 8722, 2020.
|
Sample Number |
Ni (%) |
Cu (%) |
Co (%) |
S (%) |
FieldDescription |
|
C1296925 |
0.84 |
0.20 |
0.10 |
24.5 |
Semi-massive sulfides in ultramafic |
|
C1296927 |
0.62 |
0.12 |
0.07 |
18.7 |
Semi-massive sulfides in ultramafic |
|
C1296973 |
1.13 |
0.08 |
0.11 |
28.3 |
Semi-massive sulfides in ultramafic |
Table 1. Select assay results for surface grab samples from the Pavo Anomaly.
Above: Part of a new channel sample comprising sulfide-matrix breccia from the magmatic sulfide discovery at the Pavo Anomaly. Fragments are altered ultramafic rock. Sulfide matrix is composed of pyrrhotite +/- pentlandite with lesser pyrite and minor chalcopyriteAbove: Pavo EM Anomaly on a first vertical derivative magnetic image showing location of the Blaze nickel sulfide showing and recent field sample lithologies
Next Steps
Additional prospecting recently commenced following the lifting of fire restrictions in the area. A follow-up deep-penetrating ground time-domain EM geophysical survey is also planned to further define initial drill targets. Drilling at Pavo is planned to commence this Fall pending receipt of applicable exploration permits.
The principal objective of the ongoing exploration program is to fully explore the Makwa property for high-grade massive Ni-Cu-PGE sulfide deposits located in structural favourable sites, including structural traps along the base of the Bird River Sill and within interpreted feeder structures to the sill. Pavo is expected to be the first major anomaly to be drill tested. However, there are numerous other untested, coincident magnetic and EM anomalies that are currently being mapped and prospected that could become priorities for future drilling campaigns.
Above: Location of Grid’s copper/nickel properties in the Bird River Belt, southeastern Manitoba.
Quality Assurance and Quality Control
Grid Metals applies best practice quality assurance and quality control ("QAQC") protocols in all of its exploration programs. For the Pavo prospecting program, grab samples were cleaned of obvious weathering and bagged and tagged in the field. The samples were then transported by secure carrier to the Actlabs (Thunder Bay) laboratory for sample preparation and analysis for nickel, copper, cobalt and selected major and trace element abundances using a multi-acid digestion method followed by ICP-OES analysis. Samples were also analyzed for Pd, Pt and Au using a lead collection 30 g fire assay method followed by ICP-OES analysis. The Company is using several different certified reference materials ("CRMs") and one analytical blank for the Makwa project to monitor analytical accuracy and check for cross contamination between samples. The analytical results for the CRMs and the blank for the new analytical results reported here did not show any significant bias compared to the certified values and fell within the acceptable limits of variability.
For more information about the Company, please see the Company website at www.gridmetalscorp.com or contact:
Robin Dunbar – President, CEO & Director Telephone: 416-955-4773 Email: rd@gridmetalscorp.comBrandon Smith – Chief Development Officer – bsmith@gridmetalscorp.comDavid Black – Investor Relations Email – info@gridmetalscorp.com
Qualified Persons Statements
Dr. Dave Peck, P.Geo., the V.P. Exploration of Grid, is the Qualified Person for purposes of National Instrument 43-101 and has reviewed and approved the technical content of this release.
About Grid Metals Corp.
Grid Metals is focused on exploration and development in southeastern Manitoba with four key projects in the Bird River area.
The Makwa Property (Ni-Cu-PGM-Co), which is subject to an Option and Joint Venture Agreement with Teck Resources Limited ("Teck"). Teck can earn up to a 70% interest in Makwa by incurring a total of CAD$17.3 million, comprising project expenditures (CAD$15.7 million) and cash payments or equity participation (CAD$1.6 million) with Grid. Makwa is located on the south arm of the Bird River Greenstone Belt.
The Mayville Property (Cu-Ni) is located on the north arm of the Bird River Greenstone Belt. The property is owned subject to a minority interest.
The Falcon West Property (Li-Cs) is located 110 km east of Winnipeg along the Trans-Canada highway and contains highly anomalous cesium values in a number of historical drill holes including 2.2 m at 15.0% Cs2O and 3.2 m at 4.6% Cs2O.
The Donner Property (Li-Cs) is adjacent to the Mayville Property, and Grid owns 75% of the project. Grid announced a cesium purchase agreement with Tanco on February 18, 2025.
All of the Company's southeastern Manitoba projects are located on the ancestral lands of the Sagkeeng First Nation with whom the Company maintains an Exploration Agreement.
We seek safe harbour. This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities Act (Ontario) (together, "forward-looking statements"). Such forward-looking statements include the Company's closing of the proposed financial transactions, sale of royalty and property interests. the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by such forward- looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risk, uncertainty of production and capital costs estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, metallurgical risk, currency fluctuations, fluctuations in the price of nickel, cobalt, copper and other metals, completion of economic evaluations, changes in project parameters as plans continue to be refined, the inability or failure to obtain adequate financing on a timely basis, and other risks and uncertainties, including those described in the Company's Management Discussion and Analysis for the most recent financial period and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com.
Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
SOURCE: Grid Metals Corp.
View the original press release on ACCESS Newswire
Key Insights
Significant control over Aurelia Metals by individual investors implies that the general public has more power to influence management and governance-related decisions
44% of the business is held by the top 25 shareholders
To get a sense of who is truly in control of Aurelia Metals Limited (ASX:AMI), it is important to understand the ownership structure of the business. And the group that holds the biggest piece of the pie are individual investors with 56% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
Individual insiders, on the other hand, account for 24% of the company's stockholders. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones.
Let's delve deeper into each type of owner of Aurelia Metals, beginning with the chart below.
Check out our latest analysis for Aurelia Metals
ASX:AMI Ownership Breakdown August 11th 2025What Does The Institutional Ownership Tell Us About Aurelia Metals?
Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.
As you can see, institutional investors have a fair amount of stake in Aurelia Metals. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Aurelia Metals' historic earnings and revenue below, but keep in mind there's always more to the story.
ASX:AMI Earnings and Revenue Growth August 11th 2025
We note that hedge funds don't have a meaningful investment in Aurelia Metals. Franklyn Brazil is currently the largest shareholder, with 20% of shares outstanding. For context, the second largest shareholder holds about 5.3% of the shares outstanding, followed by an ownership of 3.1% by the third-largest shareholder.
A deeper look at our ownership data shows that the top 25 shareholders collectively hold less than half of the register, suggesting a large group of small holders where no single shareholder has a majority.
While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
Insider Ownership Of Aurelia Metals
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.
Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.
Our information suggests that insiders maintain a significant holding in Aurelia Metals Limited. Insiders own AU$79m worth of shares in the AU$330m company. This may suggest that the founders still own a lot of shares. You can click here to see if they have been buying or selling.
General Public Ownership
The general public, who are usually individual investors, hold a substantial 56% stake in Aurelia Metals, suggesting it is a fairly popular stock. With this amount of ownership, retail investors can collectively play a role in decisions that affect shareholder returns, such as dividend policies and the appointment of directors. They can also exercise the power to vote on acquisitions or mergers that may not improve profitability.
Next Steps:
While it is well worth considering the different groups that own a company, there are other factors that are even more important.
Many find it useful to take an in depth look at how a company has performed in the past. You can access this detailed graph of past earnings, revenue and cash flow.
If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.
NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Pan American Silver Corp. (NYSE:PAAS) is one of the most undervalued Canadian stocks to buy now. On August 6, Pan American Silver Corp. announced the immediate appointment of Pablo Marcet to its Board of Directors. The appointment is part of the company’s board renewal strategy and commitment to governance and operational excellence.
Mr. Marcet brings over 35 years of international experience in the mining industry, with a focus on exploration, development, and operations across the Americas and Africa. His expertise includes geology, environmental management, mine operations, stakeholder engagement, and mergers and acquisitions.
Pan American Silver Appoints Mining Veteran Pablo Marcet to Board of Directors
He has held senior leadership positions at companies such as Orosur Mining, Waymar Resources, Northern Orion Resources, and spent 15 years at BHP, with a primary focus on Latin America. Mr. Marcet is currently the Executive Director of Piche Resources and the founder and President of Geo Logic, which is a mining consultancy firm.
Pan American Silver Corp. (NYSE:PAAS) explores, mines, develops, extracts, processes, and refines mines in Canada, Mexico, Peru, Bolivia, Argentina, Chile, and Brazil. It explores for silver, gold, zinc, lead, and copper deposits.
While we acknowledge the potential of PAAS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
TSX:LUN 1 Year Share Price vs Fair Value
Explore Lundin Mining's Fair Values from the Community and select yours
Lundin Mining (TSE:LUN) Second Quarter 2025 ResultsKey Financial Results
Net income: US$126.1m (up 3.7% from 2Q 2024).
EPS: US$0.15.
TSX:LUN Earnings and Revenue Growth August 9th 2025
All figures shown in the chart above are for the trailing 12 month (TTM) period
Lundin Mining Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 8.7%. Earnings per share (EPS) also surpassed analyst estimates by 117%.
Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Metals and Mining industry in Canada.
Performance of the Canadian Metals and Mining industry.
The company's shares are up 14% from a week ago.
Risk Analysis
Be aware that Lundin Mining is showing 2 warning signs in our investment analysis that you should know about…
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
By Lucila Sigal
SAN JUAN (Reuters) -Argentina holds rich copper deposits in the mountainous north along the Chilean border, but, unlike its mining powerhouse neighbor, has not built power lines and roads needed for new projects backed by miners such as BHP and Rio Tinto.
President Javier Milei's austerity campaign to clamp down on inflation and debt means the South American country is up against bigger challenges than most countries to build the infrastructure needed by mines worldwide.
Unconventional ideas, such as sharing infrastructure between miners or paying for it with royalties, will likely be part of the solution.
"The government said it won't provide any funding, but that doesn't mean it isn't responsible for getting things done," said Roberto Cacciola, president of Argentina's mining chamber, who is urging authorities to step up efforts to ensure infrastructure gets built.
Argentina exports gold, silver, and lithium but has not produced copper since 2018.
Milei's administration, as well as governors who control local development, are banking on copper to help stabilize the country's volatile economy, just as mining companies worldwide seek to boost output to cover a looming supply gap for the metal widely used in construction and electric vehicles.
A federal official said the government is assessing infrastructure needs nationwide and identifying ways the private sector could play a role.
Eight copper projects in Argentina could bring total mining export value to $15.4 billion by 2030, according to a government forecast.
That would more than triple last year's figure and make the sector one of the country's largest net foreign exchange earners. Copper projects alone could reel in $5.2 billion by 2030, if they reach the government's projection of producing 521,000 metric tons a year.
The copper projects are concentrated in the northern province of San Juan, which some call the "Vaca Muerta of copper," an allusion to Argentina's shale oil and gas field the size of Belgium.
San Juan enacted a compensation program in 2022 that could help get infrastructure built. It allows mining companies that develop road or energy infrastructure to be repaid with mining royalties if provincial legislators deem the project a "public utility." Miners normally pay royalties to governments.
The Vicuna project, from global miner BHP and Canada's Lundin, hopes to use the provision, said Vicuna's Argentina director Jose Morea.
"That speeds up investments that the private sector is currently in a position to make … which the provincial government would probably have to defer otherwise," he said in an interview.
Vicuna consists of two mines, Filo del Sol and the more advanced Josemaria, which could become one of the region's first projects to start production. The $5-billion mine will need a 220-kilometer (137-mile) road – a distance of about two or three hours by car – to reach operations at an altitude of 4,200 meters (13,780 feet) in the Andes Mountains.
It will also require a high-voltage power transmission line at a scale that could support a large city.
SHARING INFRASTRUCTURE
Some miners are exploring other ways to reduce costs. McEwen Mining's Los Azules is looking at sharing infrastructure with nearby projects and has consulted the Inter-American Development Bank about infrastructure loans.
Some business leaders want the government to turn over more projects, such as railways and road maintenance, to the private sector through public tenders or public-private partnerships, said Nicolas Munoz, a copper supply analyst at consultancy CRU.
"It's feasible to think that private companies will assume these costs and see a business opportunity," Munoz said.
There are already signs of interest from the mining sector, such as global miner Rio Tinto, which recently took over U.S.-based Arcadium's lithium mines in Argentina and is developing another of its own in the country.
According to a public register of lobbyist meetings, Rio held a meeting with Argentina's mining secretary in June after expressing interest in bidding for the state's Belgrano Cargas railway, which the government said in February it would privatize.
Rio Tinto did not have an immediate comment.
Rio Tinto is also backing McEwen's Los Azules and Aldebaran's Altar copper projects through shares owned by its leaching technology arm, Nuton.
Some governors are still looking to the federal government to take part of the burden. Governor Gustavo Saenz of Salta, where Canada's First Quantum Minerals wants to develop the Taca Taca copper mine, said aqueducts, roads, and gas pipelines will pay off.
"We need them to give us … everything necessary so that those who want to come and invest can do so," he said this week at the Argentina Copper 2025 conference in San Juan.
(Reporting by Lucila Sigal, Writing by Daina Beth Solomon, Editing by Rod Nickel)
As the Canadian market navigates through a landscape marked by rising goods inflation and a slightly elevated unemployment rate, investors are increasingly focusing on small-cap stocks that may offer unique opportunities amid these economic conditions. In such an environment, identifying companies with strong fundamentals and growth potential can be crucial for those looking to uncover undiscovered gems in Canada.
Top 10 Undiscovered Gems With Strong Fundamentals In Canada
|
Name |
Debt To Equity |
Revenue Growth |
Earnings Growth |
Health Rating |
|---|---|---|---|---|
|
Pulse Seismic |
NA |
13.84% |
33.31% |
★★★★★★ |
|
Mako Mining |
6.32% |
19.64% |
64.11% |
★★★★★★ |
|
TWC Enterprises |
3.89% |
13.21% |
11.52% |
★★★★★★ |
|
Majestic Gold |
9.90% |
11.70% |
9.35% |
★★★★★★ |
|
Pinetree Capital |
0.21% |
62.25% |
64.39% |
★★★★★★ |
|
Heliostar Metals |
NA |
106.15% |
25.32% |
★★★★★★ |
|
Itafos |
25.35% |
11.38% |
45.32% |
★★★★★★ |
|
BMTC Group |
NA |
-4.13% |
-8.71% |
★★★★★☆ |
|
Corby Spirit and Wine |
57.06% |
9.84% |
-5.44% |
★★★★☆☆ |
|
Dundee |
2.02% |
-35.84% |
57.23% |
★★★★☆☆ |
Let’s explore several standout options from the results in the screener.
Simply Wall St Value Rating: ★★★★★★
Overview: GoGold Resources Inc. focuses on the exploration, development, and production of silver, gold, and copper mainly in Mexico with a market capitalization of CA$824.89 million.
Operations: GoGold Resources generates revenue primarily from the production and sale of silver, gold, and copper. The company operates in Mexico and has a market capitalization of CA$824.89 million.
GoGold Resources, a nimble player in the mining sector, recently reported impressive earnings for Q3 2025, with sales reaching US$17.71 million compared to US$10.36 million last year. The company turned its fortunes around with a net income of US$8.21 million from a previous net loss of US$0.48 million, highlighting its profitability boost this year without any debt burden over the past five years. With high-quality earnings and free cash flow positivity, GoGold also produced 555,500 silver equivalent ounces last quarter, showcasing robust operational performance and potential for continued growth in the competitive metals industry.
Click to explore a detailed breakdown of our findings in GoGold Resources’ health report.
Examine GoGold Resources’ past performance report to understand how it has performed in the past.
TSX:GGD Debt to Equity as at Aug 2025Total Energy Services
Simply Wall St Value Rating: ★★★★★★
Overview: Total Energy Services Inc. is an energy services company operating in Canada, the United States, Australia, and internationally with a market capitalization of CA$446.23 million.
Operations: Total Energy Services generates revenue from four primary segments: Compression and Process Services (CA$466.41 million), Contract Drilling Services (CA$332.82 million), Well Servicing (CA$114.23 million), and Rentals and Transportation Services (CA$77.62 million).
Total Energy Services, a notable player in energy services, has seen its earnings grow by 55.7% over the past year, outpacing the industry average. The company’s debt to equity ratio has impressively decreased from 47.6% to 17.2% over five years, showcasing effective financial management. With free cash flow remaining positive and interest payments well-covered at 13 times EBIT, Total Energy is financially robust. Recent Q2 results show sales of CA$250 million and net income of CA$17 million; these figures reflect solid performance despite challenges like U.S. market pressures and high capital expenditures for equipment upgrades and acquisitions like Saxon.
TSX:TOT Debt to Equity as at Aug 2025ShaMaran Petroleum
Simply Wall St Value Rating: ★★★★☆☆
Overview: ShaMaran Petroleum Corp., along with its subsidiaries, is involved in oil and gas exploration and production, with a market cap of CA$602.50 million.
Operations: ShaMaran Petroleum generates revenue primarily from oil and gas production activities. The company’s financial performance is influenced by fluctuations in production volumes and market prices for oil and gas. Operating costs, including exploration expenses, significantly impact its profitability.
ShaMaran Petroleum, a small cap player in the oil sector, has shown notable progress recently. The company’s average net daily oil production surged 88% to 22.7 Mbopd in Q2 2025 compared to the same period last year, while sales jumped from US$22.63 million to US$35.39 million. Though earnings are forecasted to decline by an average of 19.2% annually over the next three years, ShaMaran’s debt-to-equity ratio has impressively reduced from a staggering 5638% five years ago to a more manageable 63.6%. Despite these improvements, interest coverage remains low at just 1.5 times EBIT, suggesting room for financial optimization moving forward.
Take a closer look at ShaMaran Petroleum’s potential here in our health report.
Gain insights into ShaMaran Petroleum’s past trends and performance with our Past report.
TSXV:SNM Earnings and Revenue Growth as at Aug 2025Turning Ideas Into Actions
Click this link to deep-dive into the 44 companies within our TSX Undiscovered Gems With Strong Fundamentals screener.
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Explore high-performing small cap companies that haven’t yet garnered significant analyst attention.
Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
Find companies with promising cash flow potential yet trading below their fair value.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include TSX:GGD TSX:TOT and TSXV:SNM.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, BC / ACCESS Newswire / August 8, 2025 / Stillwater Critical Minerals Corp. (TSXV:PGE)(OTCQB:PGEZF)(FSE:J0G), (the "Company", or "Stillwater") is pleased to announce that as a result of increased demand, the follow-on non-brokered private placement financing previously announced on July 15, 2025 and upsized on July 28, 2025 will be further upsized by an additional 210,038 units at a price of C$0.23 per unit (each, a "Unit") for gross proceeds of an additional C$43,308.74, and an aggregate total of 1,856,418 Units for aggregate gross proceeds of C$426,976.14(the "Additional Offering"), with each Unit consisting of one common share of the Company and one-half of one common share purchase warrant, and each whole warrant entitling the holder thereof to purchase one common share at a price of C$0.34 for a period of thirty-six (36) months from the date of issuance.
The Additional Offering follows the closing of the C$7 million brokered LIFE offering (the "LIFE Offering"), which was announced on July 15, 2025, and is anticipated to include directors and/or officers of the Company, among others. The Additional Offering is expected to complete concurrently with the Glencore Offering (as defined below).
Glencore Canada Corporation ("Glencore"), a subsidiary of Glencore plc, has indicated that it intends to exercise its participation rights pursuant to the investor rights agreement between Glencore and the Company dated May 1, 2024, to acquire 6,000,000Units at a price of C$0.23 per Unit for gross proceeds of C$1,380,000 in connection with the LIFE Offering and the Additional Offering (the "Glencore Offering" and together with the Additional Offering, the "Offerings").
It is anticipated that certain directors and/or officers of the Company will acquire Units under the Additional Offering. Such acquisitions and Glencore's exercise of its participation rights and acquisition of Units will constitute "related party transactions" within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company intends to rely on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of the Offerings due to the fair market value of the related party participation being below 25% of the Company's market capitalization for purposes of MI 61-101. The Company will file a material change report in respect of the Offerings. However, the material change report will be filed less than 21 days prior to the closing of the Offerings, as insider participation has yet to be confirmed and the Company wishes to close the Offerings as expeditiously as possible.
The securities sold pursuant to the Offerings will not be issued in reliance on the Listed Issuer Financing Exemption and will be subject to a hold period of four months and one day from the closing of such offering. No finders' fees are payable on any portion of the Offerings. Closing of the Offerings is subject to certain customary conditions, including, but not limited to, the receipt of all necessary regulatory approvals and the acceptance of the TSX Venture Exchange (the "TSXV").
The Company intends to use the net proceeds of the Offerings for the exploration and advancement of the Company's flagship Stillwater West Ni-PGE-Cu-Co+Au project in the Stillwater mining district in Montana, U.S., for a lesser exploration program at its Kluane critical minerals project in Yukon, Canada, and for general corporate purposes and working capital.
The Offerings are scheduled to close on or around August 12, 2025 and remains subject to the final acceptance of the TSXV.
This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons, absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws.
About Stillwater Critical Minerals Corp.Stillwater Critical Minerals (TSXV:PGE)(OTCQB:PGEZF)(FSE:J0G) is a resource-stage mineral exploration company focused on its flagship Stillwater West Ni-PGE-Cu-Co + Au project in the iconic and famously productive Stillwater mining district in Montana, USA. With the addition of two renowned Bushveld and Platreef geologists to the team and strategic investments by Glencore plc, the Company is well positioned to advance the next phase of large-scale critical mineral supply from this world-class American district, building on past production of nickel, copper, and chromium, and the on-going production of platinum group, nickel, and other metals by neighboring Sibanye Stillwater. An expanded NI 43-101 mineral resource estimate, released January 2023, positions Stillwater West with the largest nickel-platinum group element resource in an active U.S. mining district as part of a compelling suite of ten minerals now listed as critical in the USA.
Stillwater also holds a 49% interest in the high-grade Drayton-Black Lake gold project adjacent to NexGold Mining's development-stage Goliath Gold Complex in northwest Ontario, currently under an earn-in agreement with Heritage Mining, and the Kluane PGE-Ni-Cu-Co critical minerals project on trend with Nickel Creek Platinum's Wellgreen deposit in Canada's Yukon Territory. The Company also holds the Duke Island Cu-Ni-PGE property in Alaska and maintains a back-in right on the high-grade past-producing Yankee-Dundee mine in BC.
FOR FURTHER INFORMATION, PLEASE CONTACT:Michael Rowley, President, CEO & Director – Stillwater Critical MineralsEmail: info@criticalminerals.com Phone: (604) 357 4790Web: https://criticalminerals.com Toll Free: (888) 432 0075
Forward-Looking StatementsThis news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts including, without limitation, statements regarding potential mineralization, historic production, estimation of mineral resources, interpretation of prior exploration and potential exploration results, the timing and success of exploration activities generally, the timing and results of future resource estimates, permitting time lines, metal prices and currency exchange rates, availability of capital, government regulation of exploration operations, environmental risks, reclamation, title, and future plans and objectives of the company are forward-looking statements that involve various risks and uncertainties. Although Stillwater Critical Minerals believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the companies with securities regulators. Readers are cautioned that mineral resources that are not mineral reserves do not have demonstrated economic viability. Mineral exploration and development of mines is an inherently risky business. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. For more information on Stillwater Critical Minerals and the risks and challenges of their businesses, investors should review their annual filings that are available at www.sedarplus.ca.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
SOURCE: Stillwater Critical Minerals
View the original press release on ACCESS Newswire
Vancouver, British Columbia–(Newsfile Corp. – August 7, 2025) – Sego Resources Inc., (TSXV: SGZ) ("Sego" or "the Company") is pleased to announce that it has received conditional approval from the TSX Venture Exchange for closing of the first tranche of the financing announced on July 8, 2025. On closing, Sego will issue 10,300,000 units at $0.02 per unit for gross proceeds of $206,000.
Each unit of the financing will consist of one common share and one share purchase warrant. Each share purchase warrant will entitle the holder to purchase an additional common share at $0.05 for three years from the closing date. The securities issued on closing are subject to the applicable statutory four-month and one-day hold period ending December 08, 2025.
The proceeds will be used for general working capital. The Company fully expects to spend the funds as stated, however, there may be circumstances, for sound business reasons, where a reallocation of funds may be necessary.
Finder's fees will be payable on a portion of the private placement and will consist of 7% cash.
An individual, Barry Mensing will receive a $7,000.00 Finder's Fee.
The total offering will continue with up to 20,000,000 flow-through units ("FTU") at $0.025 per unit for gross proceeds of up to $500,000 and up to 10,000,000 non-flow-through units ("NFTU") at $0.02 per unit. The flow-through units and non-flow-through units may vary in totals depending on demand. The total of the financing is expected to be $700,000.
Each FTU will consist of one flow-through common share and one common share purchase warrant. Each warrant will entitle the holder to purchase an additional common share at $0.05 for two years from closing of the private placement. Each NFTU will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase an additional common share at $0.05 for three years from the closing of the private placement.
The placement may close in several tranches and insiders may participate in the private placement. The flow-through proceeds will be expended on continued exploration on the Company's Miner Mountain Copper-Gold Alkalic Porphyry project and South Gold Zone, near Princeton, BC. The non-flow-through proceeds will be used for working capital and general corporate purposes.
There is no material change about the Company that has not been generally disclosed.
For further information please contact:
J. Paul Stevenson, CEO (604) 682-2933
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No regulatory authority has approved or disapproved the information contained in this news release.
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statement of historical facts that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects re forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, statements are not guarantees of future performance and actual results or developments may differ materially from the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/261719
Energy stocks were mixed late Thursday afternoon, with the NYSE Energy Sector Index down 0.1% and th
(Reuters) -Global miners BHP Group and Vale have offered around $1.4 billion to settle a class action lawsuit in the United Kingdom tied to one of Brazil's worst-ever environmental disasters, the Financial Times reported on Thursday.
The lawsuit stems from the collapse in 2015 of the Mariana dam in southeastern Brazil, owned and operated by the Samarco joint venture of BHP and Vale. The disaster prompted legal action from hundreds of thousands of people.
BHP is currently facing a London lawsuit that claimants' lawyers have valued at up to 36 billion pounds ($48.29 billion).
The proposed settlement includes around $800 million in compensation for victims and $600 million to cover legal costs associated with the High Court proceedings, the report said, citing people familiar with the matter.
The offer was reportedly made during a June meeting in New York with Pogust Goodhead, the British law firm representing the claimants, and their primary financial backer, U.S. hedge fund Gramercy, the report said.
BHP and Vale did not immediately respond to Reuters' requests for comment.
In October last year, BHP described allegations that a focus on profit over safety contributed to the disaster as "far-fetched and unjustified".
($1 = 0.7454 pounds)
(Reporting by Rishav Chatterjee in Bengaluru; Editing by Mohammed Safi Shamsi)
Freeport-McMoRan Inc.’s FCX second-quarter 2025 results show increases in sales volumes. Its copper sales volumes increased around 9% year over year, reaching 1,016 million pounds, primarily driven by shipment timing. The company sold 522,000 ounces of gold, reflecting around 45% year-over-year growth. FCX also sold 22 million pounds of molybdenum, up about 4.8% from the year-ago quarter.Freeport has provided a tepid copper sales volume outlook for the third quarter, which suggests flat to modestly lower volumes on a sequential basis. FCX expects copper sales volumes of 990 million pounds, indicating a 4% year-over-year decline. It has also provided a weaker gold and molybdenum sales volumes guidance of 350,000 ounces and 18 million pounds, respectively, reflecting sequential and year-over-year declines. The lack of growth in volumes may impact the company’s performance. Sales volume growth underpins Freeport’s ability to leverage higher copper and gold prices, maintain margin expansion and deliver on targets for 2025. Despite gains in realized prices, volume growth would be critical to sustain revenues and margins in the coming quarters.
Among FCX’s peers, Southern Copper Corporation SCCO logged lower copper sales volumes in the second quarter, which weighed on its top line. Southern Copper sold 224,063 tons of copper in the quarter, declining 3% year over year. Southern Copper, however, saw higher molybdenum sales volumes, which rose 2.7% year over year. BHP Group Limited BHP saw higher year-over-year copper sales in the fourth quarter of fiscal 2025 (ended June 30, 2025). BHP Group’s copper sales for the quarter rose roughly 1% to 526 kt. This led BHP Group’s total copper sales to 2,053.3 kt for fiscal 2025, which marks a 14% year-over-year growth.
The Zacks Rundown for FCX
Shares of Freeport-McMoRan are up 4.7% year to date against the Zacks Mining – Non Ferrous industry’s decline of 1.1%.
Zacks Investment Research
Image Source: Zacks Investment Research
From a valuation standpoint, FCX is currently trading at a forward 12-month earnings multiple of 18.9, a modest 1% premium to the industry average of 18.69X. It carries a Value Score of A.
Zacks Investment Research
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for FCX’s 2025 and 2026 earnings implies a year-over-year rise of 20.3% and 31.9%, respectively. The EPS estimates for 2025 and 2026 have been trending higher over the past 60 days.
Zacks Investment Research
Image Source: Zacks Investment Research
FCX stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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Freeport-McMoRan Inc. (FCX) : Free Stock Analysis Report
BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report
Southern Copper Corporation (SCCO) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
MELBOURNE (Reuters) -Rio Tinto joined peer BHP on Thursday to play down Australia's prospects of building out a "green iron" sector that would help decarbonise the steel industry because the country lacks the economic incentives to do so.
Australia is the world's largest supplier of seaborne iron ore and has been striving to build a role as a reliable source of green metals. In February the government allocated A$1 billion ($652.4 million) to support the manufacture of green iron and its supply chains.
Since Australia's iron ore is mostly too low-grade to be directly processed into steel with renewable energy, it needs an additional processing step. When this is undertaken with hydrogen made from renewable energy instead of coal, the product is called hydrogen direct reduced iron (DRI) or "green iron", a low-carbon base for making green steel.
"Today I don't believe there is an economic incentive for anybody to move to a hydrogen DRI," Rio Tinto's chief technical officer Mark Davies said.
The technology was unproven, and there were complications moving from existing processes using natural gas to hydrogen, he told a business lunch in Melbourne.
"And doing it in Australia is expensive. It's an expensive place to build stuff," he said.
Major miner BHP said last month it was too costly for Australia to build a "green iron" industry, even after the country and China agreed to jointly work to decarbonise the steel supply chain, responsible for nearly a 10th of global emissions.
A global carbon price of "a couple of hundred dollars" would be needed to create that incentive, Davies later told a press briefing.
($1 = 1.5328 Australian dollars)
(Reporting by Melanie Burton;Editing by Alison Williams)
By Melanie Burton
MELBOURNE (Reuters) -So far this earnings season, large miners are paying out their lowest dividends in years, as mineral prices slip and they need to retain cash for their massive development projects, while trying to keep a lid on costs.
Rio Tinto, Anglo American and Glencore have all reported lower half year earnings, with BHP expected to continue the trend when it reports on August 19.
After years of strong China-driven profits backed by COVID-19- and Russia-linked supply snags, they are now operating against a backdrop of lower profits, high capital spending plans, or a full-scale restructuring in the case of Anglo American.
That is capping what the miners are willing to return to shareholders, analysts and fund managers said.
Prices of key commodities iron ore and coal have dropped around 13% since the start of the year. Miners are instead doubling down on projects for copper, which is up 8% this year on expected energy transition demand, but it still remains too small a part of their portfolios to offset losses elsewhere.
Many of the large diversified miners are in the most capital intensive stage of development they have been in for a long time, and that is unlikely to change in the near term, said Brenton Saunders, a portfolio manager at Pendal Group in Sydney.
“In the absence of a move higher in commodity prices, payouts are likely going to stay relatively depressed,” Saunders added.
Growth projects by the majors include BHP's Jansen potash mine in Canada where it will spend up to $7.4 billion for the first stage of development, from a previous estimate of $5.7 billion, it said last month.
Rio Tinto expects to spend more than $13 billion on iron ore mines to replace depleted ones in Western Australia in the next three years alone. Anglo is busy selling off its coal and diamond divisions while Glencore has been hit by low prices for its key commodity coal.
Glencore on Wednesday reported a 14% drop in first-half earnings due to weaker coal prices and lower copper production, and an increase in net debt. The company kept its dividend unchanged and did not announce further share buybacks.
It said would it maintain its base dividend of $0.05 per share, equal to the previous half-year period, which was its lowest since 2021.
Rio Tinto last week reported its smallest first-half underlying profit since 2020 and lowest interim dividend in seven years, given the drop in iron ore prices and rising costs at its Australian business.
Anglo American reported a $1.9 billion loss in the first half of 2025, reduced its dividend to the lowest in at least five years, and said restructuring efforts continued.
Analysts expect BHP will set its full-year payout at $1.02, which would be the lowest in eight years.
(Reporting by Melanie Burton. Additional reporting by Pratima Desai in London and Rajasik Mukherjee in Bengaluru; Editing by Christian Schmollinger)
Piedmont Lithium Inc. – Sponsored ADR (PLL) came out with a quarterly loss of $0.44 per share versus the Zacks Consensus Estimate of a loss of $0.36. This compares to a loss of $0.69 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -22.22%. A quarter ago, it was expected that this company would post a loss of $0.5 per share when it actually produced a loss of $0.71, delivering a surprise of -42%.
Over the last four quarters, the company has not been able to surpass consensus EPS estimates.
Piedmont Lithium Inc. – Sponsored ADR, which belongs to the Zacks Mining – Miscellaneous industry, posted revenues of $11.86 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 4.93%. This compares to year-ago revenues of $13.23 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Piedmont Lithium Inc. – Sponsored ADR shares have lost about 4% since the beginning of the year versus the S&P 500's gain of 7.9%.
What's Next for Piedmont Lithium Inc. – Sponsored ADR?
While Piedmont Lithium Inc. – Sponsored ADR has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Piedmont Lithium Inc. – Sponsored ADR was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.38 on $34 million in revenues for the coming quarter and -$1.68 on $103.2 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Mining – Miscellaneous is currently in the bottom 29% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Compass Minerals (CMP), another stock in the broader Zacks Basic Materials sector, has yet to report results for the quarter ended June 2025. The results are expected to be released on August 11.
This minerals producer is expected to post quarterly loss of $0.13 per share in its upcoming report, which represents a year-over-year change of +87.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Compass Minerals' revenues are expected to be $208.57 million, up 2.8% from the year-ago quarter.
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Piedmont Lithium Inc. – Sponsored ADR (PLL) : Free Stock Analysis Report
Compass Minerals International, Inc. (CMP) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
InvestorBrandNetwork (IBN)
AUSTIN, Texas, Aug. 07, 2025 (GLOBE NEWSWIRE) — via IBN – IBN, a multifaceted communications organization engaged in connecting public companies to the investment community, is pleased to announce the release of the latest episode of The MiningNewsWire Podcast as part of its sustained effort to provide specialized content distribution via widespread syndication channels.
The MiningNewsWire Podcast features revealing sit-downs with executives who are shaping the future of the global mining industry. The latest episode features Pat Ryan, P.Eng., Chairman and CEO of Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF), a critical metals technology company developing scalable rare earth element (“REE”) refining infrastructure in North America.
To begin the interview, Ryan explained how his background helped shape Ucore’s mission.
“As I looked more closely at the supply chains for electric vehicles, I realized there are no metallic supply chains to feed these particular vehicles. I was a board member of Ucore at that time… and encouraged the board to look at actually building manufacturing plants, processing, and moving forward… Rare earth is just another market, but a very new one, and it needs a 21st-century digital manufacturing approach.”
He then detailed how Ucore’s refining platform gained validation from the U.S. government.
“The U.S. DoD put a bid out… to find the technology for processing and refining in the mid-market, something that’s very competitive. We had a $4 million U.S. contract to run our commercial demonstration plant using multiple feedstocks… generating heavy and light rare earth products and running thousands of hours. The DoD came to our Kingston plant and to central Louisiana, where we’re essentially doing a copy and paste of Kingston, and they really liked what they saw… They invested $18.4 million in mid-May, and by the end of May, we had a groundbreaking in Louisiana.”
Finally, he described how Ucore is transitioning from early-stage discussions to integrated commercial partnerships, with direct involvement from the U.S. Department of Defense.
“We have an MOU. Now, we’re moving to definitive agreements. Not just one-off transactions, but multiple-prong opportunities to bring supply back to the Western world. We’re putting those building blocks together to create definitive partnerships that allow us to get the job done very effectively. We continue to discuss with DoD on a biweekly basis… what the next part of their journey looks like.”
Join IBN’s Stuart Smith and Pat Ryan, Chairman and CEO of Ucore Rare Metals, for a conversation on rebuilding rare earth infrastructure, advancing digital refining, and leading the Western critical minerals race.
To hear the whole podcast and subscribe for future episodes, visit https://podcast.miningnewswire.com
The latest installment of The MiningNewsWire Podcast continues to reinforce IBN’s commitment to the expansion of its robust network of brands, client partners, followers and the growing IBN Podcast Series. For more than 19 years, IBN has leveraged this commitment to provide unparalleled distribution and corporate messaging solutions to 500+ public and private companies.
To learn more about IBN’s achievements and milestones via a visual timeline, visit: https://IBN.fm/TimeLine
About Ucore Rare Metals Inc.
Ucore is focused on rare- and critical-metal resources, extraction, beneficiation, and separation technologies with the potential for production, growth, and scalability. Ucore's vision and plan is to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry.
Through strategic partnerships, this plan includes disrupting the People's Republic of China's control of the North American REE supply chain through the near-term development of a heavy and light rare-earth processing facility in the US State of Louisiana, subsequent SMCs in Canada and Alaska and the longer-term development of Ucore's 100% controlled Bokan-Dotson Ridge Rare Heavy REE Project on Prince of Wales Island in Southeast Alaska, USA ("Bokan").
For more information, visit the company’s website at www.Ucore.com
About IBN
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Through our Dynamic Brand Portfolio (DBP), IBN provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) Press Release Enhancement to ensure maximum impact; (4) full-scale distribution to a growing social media audience; (5) a full array of corporate communications solutions; and (6) total news coverage solutions.
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Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
Corporate Communications
IBNAustin, Texaswww.InvestorBrandNetwork.com512.354.7000 OfficeEditor@InvestorBrandNetwork.com
Explore GoGold Resources's Fair Values from the Community and select yours
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. Speaking of which, we noticed some great changes in GoGold Resources' (TSE:GGD) returns on capital, so let's have a look.
Return On Capital Employed (ROCE): What Is It?
If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. The formula for this calculation on GoGold Resources is:
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets – Current Liabilities)
0.037 = US$13m ÷ (US$388m – US$22m) (Based on the trailing twelve months to June 2025).
Therefore, GoGold Resources has an ROCE of 3.7%. Even though it's in line with the industry average of 4.2%, it's still a low return by itself.
View our latest analysis for GoGold Resources
TSX:GGD Return on Capital Employed August 7th 2025
Above you can see how the current ROCE for GoGold Resources compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like to see what analysts are forecasting going forward, you should check out our free analyst report for GoGold Resources .
So How Is GoGold Resources' ROCE Trending?
GoGold Resources has recently broken into profitability so their prior investments seem to be paying off. Shareholders would no doubt be pleased with this because the business was loss-making five years ago but is is now generating 3.7% on its capital. And unsurprisingly, like most companies trying to break into the black, GoGold Resources is utilizing 293% more capital than it was five years ago. We like this trend, because it tells us the company has profitable reinvestment opportunities available to it, and if it continues going forward that can lead to a multi-bagger performance.
In Conclusion…
Long story short, we're delighted to see that GoGold Resources' reinvestment activities have paid off and the company is now profitable. Since the stock has only returned 30% to shareholders over the last five years, the promising fundamentals may not be recognized yet by investors. Given that, we'd look further into this stock in case it has more traits that could make it multiply in the long term.
On the other side of ROCE, we have to consider valuation. That's why we have a FREE intrinsic value estimation for GGD on our platform that is definitely worth checking out.
If you want to search for solid companies with great earnings, check out this free list of companies with good balance sheets and impressive returns on equity.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Alphamin Resources Corp.
GRAND BAIE, MAURITIUS, Aug. 07, 2025 (GLOBE NEWSWIRE) — Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX)( “Alphamin” or the “Company”) announced today the appointment of two new directors, the declaration of an interim FY2025 dividend and the filing of its unaudited condensed consolidated financial statements and accompanying Management’s Discussion and Analysis (“MD&A”) for the quarter and six months ended 30 June 2025 on SEDAR+ at www.sedarplus.ca.
Appointment of Directors
Following its acquisition of a 56% shareholding in the Company completed on July 22, 2025, International Resources Holding’s (IRH) subsidiary, Alpha Mining Ltd, requested the appointment of two additional directors to the Board of Alphamin.
The Board has appointed, subject to regulatory approval, Mr. Ravi Sharma (Chief Operating Officer of IRH) and Mr. Abhinay Khowala (Group Chief Financial Officer of IRH) as additional directors of the Company and looks forward to their respective contributions to the Company’s continued success.
Mr. Sharma is the Chief Operating Officer at International Resources Holding. With 36 years in the mining industry, he has worked across multiple continents gaining extensive experience in a range of commodities. He is a JORC Competent Person and an NI 43 101 Qualified Person for Mineral Resource Estimates.
Mr. Khowala is the Group Chief Financial Officer at International Resources Holding. He is a finance professional with over 20 years of experience in financial management, strategic planning, and corporate governance across the mining and logistics sectors. Mr. Khowala is a qualified Chartered Accountant from The Institute of Chartered Accountants of India.
Interim FY2025 Dividend Declared
The Board has declared an interim FY2025 cash dividend of CAD$0.07 per share on the common shares (approximately US$65 million in the aggregate) (the “Dividend”). The Dividend will be payable on September 15, 2025 to shareholders of record as of the close of business on August 29, 2025.
The Board intends to consider a further top-up FY2025 dividend in November 2025, taking into account the Company’s financial position and prevailing market conditions.
The Company, together with its new majority shareholder, wishes to reaffirm Alphamin’s objectives of declaring semi-annual dividends and to grow its globally significant tin production base by increasing the intensity of exploration efforts in order to significantly add to the current life of mine as well as focus on grassroots exploration in search of tin deposits in close proximity to the Bisie mine.
FOR MORE INFORMATION, PLEASE CONTACT:
Maritz Smith CEO Alphamin Resources Corp. Tel: +230 269 4166E-mail: msmith@alphaminresources.com
|
|
CAUTION REGARDING FORWARD LOOKING STATEMENTS
Information in this news release that is not a statement of historical fact constitutes forward-looking information. Forward-looking statements contained herein include, without limitation, intention to review a possible future dividend declaration in November 2025. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements. Such factors include, without limitation: uncertainties regarding logistics and the timing of supplier responses to orders; uncertainties with respect to social, community and environmental impacts, adverse political events and risks of security related incidents which may impact the operation, outbound roads used to transport product and consumables or the safety of our people, uncertainties regarding the legislative requirements in the Democratic Republic of the Congo which may result in unexpected fines and penalties and tax payments; the speculative nature of mineral exploration and development as well as “Risk Factors” included elsewhere in Alphamin’s public disclosure documents filed on and available at www.sedarplus.ca.
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Arafura Rare Earths Ltd (OTCMKTS:ARAFF) is one of the best rare earth stocks to buy now. On July 29, the company confirmed it continues to advance its equity funding strategy for Nolans project. The project has already entered into an appraisal phase for potential equity investment from the German Raw Materials Fund.
Pixabay/Public Domain
Arafura is seeking up to €100 million (A$175 million) in funding tied to the supply from Nolans project. An active sales and marketing program is already underway in Germany as the company targets several prospective off-take partners to support funding under the German Raw Materials Fund.
“As rare earths enter a new era of growth, establishing new sectors requires equitable risk sharing between government and industry through direct investment and offtake. We are encouraged by the proactive stance of governments globally. Earlier this month, Germany’s Interministerial Committee referred our Nolans Project to the German Raw Materials Fund (GRMF) for appraisal. We’re excited by the prospect of GRMF’s investment and opportunity to partner with them as a cornerstone investor. Our confidence in securing our equity investment target remains high, given the substantial progress we’re making with all our potential cornerstone investors,” Arafura’s Managing Director Darryl Cuzzubbo said.
The company aims to capitalize on the intensifying geopolitical focus on rare earths. That’s why it is strengthening the strategic position of Nolans projects as a leading construction-ready project. The company exited June with A$27 million in cash.
While we acknowledge the potential of ARAFF as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: Top 10 Materials Stocks to Buy According to Analysts and 10 Best Organic Food and Farming Stocks to Buy Now.
Disclosure: None. This article is originally published at Insider Monkey.
(Reuters) -The Australian government said on Thursday it will invest A$50 million ($32.5 million) in Liontown Resources to help ramp up operations and transition to underground mining at its flagship Kathleen Valley project, in a bid to boost domestic minerals supply.
The investment, which will be undertaken through the A$15 billion National Reconstruction Fund Corporation, underscores Prime Minister Anthony Albanese's efforts to back critical mineral projects and boost domestic manufacturing.
"Lithium is a critical mineral that is central to both decarbonisation efforts and the government's Future Made in Australia strategy," NRFC CEO David Gall said.
"Australia is well-positioned to be a competitive, long-term supplier of lithium to the rest of the world and local lithium production is important to the nation's economic security and resilience."
In January, NRFC invested A$200 million in Arafura Rare Earths to develop a new mine and processing facility at its Nolans project in central Australia.
Kathleen Valley has a multi-decade mine life and will produce 500,000 tonnes of spodumene concentrate per annum with potential for expansion, according to NRFC.
Liontown is a key lithium supplier to Tesla, Ford and LG Energy Solution.
The government's investment is part of Liontown's A$266 million institutional capital raise, priced at A$0.73 per share. Its shares were last trading at A$0.845 before being halted on Thursday pending the announcement.
The miner will use also the capital to shore up its balance sheet.
Australian billionaire Gina Rinehart's Hancock Prospecting is Liontown's top shareholder, with an 18% stake, as per LSEG data. Media reports indicate Hancock will not take part in the placement, which would dilute its stake.
Hancock declined to comment, while Liontown did not respond to a Reuters email seeking comment.
($1 = 1.5378 Australian dollars)
(Reporting by Nichiket Sunil in Bengaluru; Editing by Sonia Cheema)
Company Logo
Driving factors in the copper market include rising construction, renewable energy, and electric vehicle demand in emerging economies. Asia Pacific leads, with major investments in infrastructure and electronics.
Dublin, Aug. 06, 2025 (GLOBE NEWSWIRE) — The "Copper Market Size, Share & Trends Analysis Report By Type (Primary Copper, Secondary Copper), By Product (Wire, Tube, Foil), By End Use (Industrial Equipment, Transport, Infrastructure), By Region, And Segment Forecasts, 2025 – 2030" report has been added to ResearchAndMarkets.com's offering.The global copper market size is anticipated to reach USD 339.95 billion by 2030 and is projected to grow at a CAGR of 6.5% from 2025 to 2030.
Copper is essential in the construction sector due to its excellent conductivity, corrosion resistance, and durability. It is extensively used in wiring, plumbing, roofing, and heating systems. As emerging economies like India, Vietnam, and several African nations continue to invest heavily in smart cities, transportation networks, and modern housing, the demand for copper in residential and commercial construction is expected to grow substantially over the coming years.Another major driver is the transition toward renewable energy and electrification. Solar and wind power installations require large quantities of copper for turbines, photovoltaic cells, inverters, and power grid connections. According to the International Energy Agency (IEA), renewable energy investments reached record levels in 2024, particularly in Asia Pacific, Europe, and North America. Moreover, developing smart grids and battery storage systems-critical for integrating intermittent renewable sources-heavily depend on copper wiring and components. This energy shift is fundamentally altering copper consumption patterns globally.The rise of electric vehicles (EVs) and supporting infrastructure is another powerful growth catalyst. EVs use up to four times more copper than traditional internal combustion engine vehicles, particularly in batteries, electric motors, wiring harnesses, and thermal management systems. Charging stations, which are expanding rapidly in Europe, the U.S., and China, also rely on copper for energy transmission. As governments introduce stricter emission norms and incentives to boost EV adoption, the automotive industry's copper demand is projected to increase exponentially through 2030 and beyond.Technological advancements in electronics and communication also contribute significantly to copper industry growth. Copper is vital in printed circuit boards, connectors, semiconductors, and high-frequency data cables used in smartphones, data centers, IoT devices, and 5G infrastructure. As the global economy becomes increasingly digital, the proliferation of electronic devices and cloud computing continues to fuel the demand for high-purity copper products. This segment is particularly strong in East Asia, where consumer electronics manufacturing is concentrated.Moreover, the increased focus on sustainability and circular economy practices has increased interest in copper recycling. Recycled or secondary copper requires far less energy to produce and reduces the environmental impact of mining. As industries prioritize carbon neutrality and material efficiency, recycling copper from scrap metal, obsolete electronics, and decommissioned infrastructure are expected to rise. This supports demand and enhances supply chain resilience amid fluctuating ore grades and geopolitical uncertainties. These factors create a strong long-term growth outlook for the global copper industry.Copper Market Report Highlight
Based on type, the primary copper segment led the market with the largest revenue market share of 84.8% in 2024, due to its high purity, widespread availability from large-scale mining operations, and critical application in industries requiring superior conductivity, such as electrical infrastructure, automotive, and renewable energy systems.
The wire segment led the market with the largest revenue share of 61.7% in 2024, driven by the extensive use of copper wire in power transmission, residential and commercial electrical systems, electronics, and the rapidly expanding electric vehicle and renewable energy sectors that require efficient and reliable conductivity solutions.
Based on end use, the infrastructure segment is anticipated to register at the fastest CAGR of 7.0% over the forecast period, due to increasing global investments in smart grids, transportation networks, renewable energy integration, and urban development projects, all of which require significant copper inputs for electrical systems, communication lines, and energy distribution frameworks.
Asia Pacific dominated the market with the largest revenue share of 74.7% in 2024, due to the presence of major copper-consuming economies like China and India, rapid industrialization, large-scale infrastructure development, and the region's leadership in electronics manufacturing, renewable energy installations, and electric vehicle production.
Why should you buy this report?
Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
Competitive Landscape: Explore the market presence of key players worldwide.
Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
Key Topics Covered: Chapter 1. Methodology and ScopeChapter 2. Executive Summary 2.1. Market Outlook2.2. Segmental Outlook2.3. Competitive OutlookChapter 3. Market Variables, Trends, and Scope 3.1. Global Copper Market Outlook3.2. Industry Value Chain Analysis3.3. Technology Overview3.4. Regulatory Framework3.5. Market Dynamics3.6. Industry Trends3.7. Porter's Five Forces Analysis3.8. PESTLE AnalysisChapter 4. Copper Market: Type Estimates & Trend Analysis 4.1. Copper Market: Type Movement Analysis, 2024 & 20304.2. Primary Copper4.3. Secondary CopperChapter 5. Copper Market: Product Estimates & Trend Analysis 5.1. Copper Market: Product Movement Analysis, 2024 & 20305.2. Wire5.3. Rods, Bars & Sections5.4. Flat Rolled Products5.5. Tube5.6. FoilChapter 6. Copper Market: End Use Estimates & Trend Analysis 6.1. Copper Market: End Use Movement Analysis, 2024 & 20306.2. Industrial Equipment6.3. Transport6.4. Infrastructure6.5. Building & Construction6.6. Consumer & General Products6.7. OthersChapter 7. Copper Market: Regional Estimates & Trend Analysis 7.1. Regional Analysis, 2024 & 2030Chapter 8. Competitive Landscape 8.1. Recent Developments & Impact Analysis, By Key Market Participants8.2. Company Categorization8.3. Heat Map Analysis8.4. Vendor Landscape8.5. List of prospective end-users8.6. Strategy Initiatives8.7. Company Profiles
AngloAmerican
Antofagasta
Aurubis
BHP
Codelco
Freeport-McMoRan
Glencore
GRUPO MEXICO
Jiangxi Copper Corporation
KGHM
Rio Tinto
Teck Resources Limited
For more information about this report visit https://www.researchandmarkets.com/r/hpa2wg
About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Halifax, Nova Scotia–(Newsfile Corp. – August 6, 2025) – GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) ("GoGold", "the Company") announces the financial results for the quarter ending June 30, 2025, with the Parral tailings reprocessing project generating revenue of $17.7 million (all amounts are in U.S. dollars) from the sale of 527,933 silver equivalent ounces.
"Parral continued to generate significant cash flow for the Company during the quarter, driving operating cash flow of $7 million which is exceeding our spending at Los Ricos and corporate costs. Our revenues for the year to date are more than double that of last year, which has helped us generate operating cash flows of over $20 million US over the last nine months," said Brad Langille, President and CEO. "With our strong cash flow generation and our cash position of $139 million we are well capitalized as we anticipate a permit for our Los Ricos South project."
Highlights for the quarter ending June 30, 2025:
Cash of $139 million USD, an increase of $61 million during the quarter including the $57 million financing
Cash flow from operations of $7.2 million
Revenue of $17.7 million on the sale of 555,933 silver equivalent ounces at an average realized price per ounce of $33.54
Production of 555,500 silver equivalent ounces, consisting of 201,616 silver ounces, 3,100 gold ounces, 128 copper tonnes, 140 zinc tonnes
Net income of $8.2 million
Cash cost per silver equivalent ounce of $17.21
All in sustaining cost per silver equivalent ounce of $22.78
Following are tables showing summarized financial information and key performance indicators:
|
Summarized Consolidated Financial Information |
Three months ended June 30 |
|
Nine months ended June 30 |
||||||||||
|
(in thousands USD, except per share amounts) |
2025 |
2024 |
|
2025 |
2024 |
||||||||
|
Revenue |
$ |
17,707 |
$ |
10,358 |
|
$ |
54,408 |
$ |
26,097 |
||||
|
Cost of sales, including depreciation |
10,174 |
4,590 |
|
34,760 |
17,173 |
||||||||
|
Operating income (loss) |
4,629 |
3,600 |
|
12,079 |
1,869 |
||||||||
|
Net income |
8,214 |
(483 |
) |
|
11,436 |
864 |
|||||||
|
Basic net income per share |
0.022 |
(0.002 |
) |
|
0.033 |
0.003 |
|||||||
|
Cash flow provided by (used in) operations |
7,245 |
(2,157 |
) |
|
20,264 |
(9,819 |
) |
||||||
|
Key Performance Indicators1 |
Three months ended June 30 |
Nine months ended June 30 |
||||||||||
|
(in thousands USD, except per ounce amounts) |
2025 |
2024 |
2025 |
2024 |
||||||||
|
Total tonnes stacked |
402,906 |
425,804 |
1,195,583 |
1,223,665 |
||||||||
|
Silver equivalent ounces sold |
527,933 |
365,119 |
1,709,416 |
1,044,346 |
||||||||
|
Realized silver price |
$ |
33.54 |
$ |
28.37 |
$ |
31.83 |
$ |
24.99 |
||||
|
Adjusted AISC per silver equivalent ounce2 |
$ |
22.78 |
$ |
24.59 |
$ |
22.73 |
$ |
24.47 |
||||
|
Adjusted Cash cost per silver equivalent ounce2 |
$ |
17.21 |
$ |
18.54 |
$ |
18.20 |
$ |
17.59 |
||||
1Key performance indicators are unaudited non-GAAP measures, see reconciliation in MD&A.2Gold, copper and zinc are converted using average market prices.
This news release should be read in conjunction with the interim condensed consolidated financial statements for the quarter ended June 30, 2025, notes to the financial statements, and management's discussion and analysis for the quarter ended June 30, 2025, which have been filed on SEDAR+ and are available on the Company's website.
Technical information contained in this news release with respect to GoGold has been reviewed and approved by Mr. Bob Harris, P.Eng., who is a qualified person for the purposes of NI 43-101.
About GoGold ResourcesGoGold Resources (TSX: GGD) is a Canadian-based silver and gold producer focused on operating, developing, exploring and acquiring high quality projects in Mexico. The Company operates the Parral Tailings mine in the state of Chihuahua and has the Los Ricos South and Los Ricos North exploration and development projects in the state of Jalisco. Headquartered in Halifax, NS, GoGold is building a portfolio of low cost, high margin projects. For more information visit gogoldresources.com.
For further information please contact:
Steve Low, Corporate DevelopmentGoGold Resources Inc.T: 416 855 0435
Email : steve@gogoldresources.comOr visit : www.gogoldresources.com
CAUTIONARY STATEMENT:The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and may not be offered or sold within the United States or to, or for the benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act) except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities laws or pursuant to exemptions therefrom. This release does not constitute an offer to sell or a solicitation of an offer to buy of any of GoGold's securities in the United States.
This news release may contain "forward-looking information" as defined in applicable Canadian securities legislation. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the Parral tailings project, the Los Ricos project, future operating margins, future production and processing, and future plans and objectives of GoGold, constitute forward looking information that involve various risks and uncertainties. Forward-looking information is based on a number of factors and assumptions which have been used to develop such information but which may prove to be incorrect, including, but not limited to, assumptions in connection with the continuance of GoGold and its subsidiaries as a going concern, general economic and market conditions, mineral prices, the accuracy of mineral resource estimates, and the performance of the Parral project There can be no assurance that such information will prove to be accurate and actual results and future events could differ materially from those anticipated in such forward-looking information.
Important factors that could cause actual results to differ materially from GoGold's expectations include exploration and development risks associated with the GoGold's projects, the failure to establish estimated mineral resources or mineral reserves, volatility of commodity prices, variations of recovery rates, and global economic conditions. For additional information with respect to risk factors applicable to GoGold, reference should be made to GoGold's continuous disclosure materials filed from time to time with securities regulators, including, but not limited to, GoGold's Annual Information Form. The forward-looking information contained in this release is made as of the date of this release.
Cautionary non-GAAP Measures and Additional GAAP MeasuresNote that for purposes of this section, GAAP refers to IFRS. The Company believes that investors use certain non-GAAP and additional GAAP measures as indicators to assess mining companies. They are intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared with GAAP. Non-GAAP and additional GAAP measures do not have a standardized meaning prescribed under IFRS and therefore may not be comparable to similar measures presented by other companies.
Additional GAAP measures that are presented on the face of the Company's consolidated statements of comprehensive income include "Operating income (loss)". These measures are intended to provide an indication of the Company's mine and operating performance. Per ounce measures are calculated by dividing the relevant mining and processing costs and total costs by the tonnes of ore processed in the period. "Adjusted cash costs per ounce" and "Adjusted all-in sustaining costs per ounce" are used in this analysis and are non-GAAP terms typically used by mining companies to assess the level of gross margin available to the Company by subtracting these costs from the unit price realized during the period. These non-GAAP terms are also used to assess the ability of a mining company to generate cash flow from operations. There may be some variation in the method of computation of these metrics as determined by the Company compared with other mining companies. In this context, "Adjusted cash costs per ounce" reflects the cash operating costs allocated from in-process and dore inventory associated with ounces of silver and gold sold in the period. "Adjusted cash costs per ounce" may vary from one period to another due to operating efficiencies, grade of material processed and silver/gold recovery rates in the period. "Adjusted all-in sustaining costs per ounce" include total cash costs, exploration, corporate and administrative, share based compensation and sustaining capital costs. For a reconciliation of non-GAAP and GAAP measures, please refer to the Management Discussion and Analysis dated August 5, 2025 for the period ended June 30, 2025, as presented on SEDAR+.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/261384
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