We recently compiled a list of the 10 Best Coal Stocks to Invest in Right Now. In this article, we are going to take a look at where Teck Resources Limited (NYSE:TECK) stands against the other coal stocks.

Research by The Business Research Company estimates the coal market to grow by 2.6% in 2025, reaching a market value of $669.84 billion. The continued dependency on coal for developing countries should sustain a growth rate of 2% until 2029. The APAC region is the region with the largest share of the market with China being the largest player. Slow economic growth in the region is the reason for the lackluster performance of the commodity in 2024.

Rising energy demand is the primary driver for the growth in the coal industry but a transition to renewable forms of energy forms a major headwind. The steel industry along with other manufacturing sectors provides a sustained demand for coal. These industries have not fared well in 2024, leading to unfavorable pricing for coal companies.

The production in the US is expected to remain flat in 2025 after registering a 12% drop in 2024. The demand from utility firms is expected to be met by the accumulation of inventory. India continues to be the destination where a majority of the exports of metallurgical and thermal coal take place. While the trend is expected to continue, a strengthening dollar is expected to lower the volumes in the near future.

The recent performance of coal companies has not been particularly good due to the overall macroeconomic environment. Companies are looking to diversify their assets and are exploring opportunities in other commodities like mining. Nonetheless, most of these companies have a healthy balance sheet that has enabled them to tide over this period. With a better year around the corner, there should be a revival in business for these companies.

Coal ETFs have generated returns of -4.34%, -17.86% and -20.86% for 1-month, 6-month and 1-year tenors. While big tech players pose a threat, there is immense potential to tap a constantly growing advertising pie that would benefit traditional players.

READ ALSO 7 Best Stocks to Buy For Long-Term and 8 Cheap Jim Cramer Stocks to Invest In

For this article we picked 10 coal stocks trending on latest news. With each stock we have mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

A close up of an automated machine processing other Industrial Metals & Mining resources.

Teck Resources Limited (NYSE:TECK)

Number of Hedge Fund Investors: 68

Teck Resources Limited (NYSE:TECK) operates through Steelmaking Coal, Copper, Zinc, and Energy segments with principal products that include principal products include copper, zinc, steelmaking coal, and blended bitumen. It sold its steelmaking coal business, EVR in 2024 to focus on copper, zinc and other metals business. The sale of its coal business has allowed TECK to buy back shares and pay back debt worth $2.75 billion.

EPS for Q3 was $0.44, down from $0.57 a year ago but provided a positive surprise of 22%. The guidance for the next quarter is positive with copper production higher by 50% due to higher throughput. Analysts at Raymond James and JP Morgan have revised their EPS estimates downwards but continue to have a favorable outlook on TECK with “Outperform” and “Overweight” ratings. The decision to offload the coal business may hurt the total earnings but it allows TECK to focus on the metals business which is set to have a better growth rate than the coal industry.

Overall TECK ranks 1st on our list of the best coal stocks to buy. While we acknowledge the potential of TECK as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than TECK but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap.

Disclosure: None. This article is originally published at Insider Monkey.

  • Rock Tech will sell by-products from its Guben Lithium production to Schwenk for use in cement manufacturing. This will generate additional annual profits, save up to EUR 8 million annually in operational costs, and increase the project's Net Present Value (NPV).

  • These by-products will replace traditional cement additives, significantly reducing CO₂ emissions in cement production and enhancing supply chain resilience.

  • Schwenk plans to invest in its facilities to process up to 200,000 tonnes of by-products annually by 2029, establishing a long-term partnership with Rock Tech.

TORONTO, Jan. 30, 2025 /CNW/ – Rock Tech Lithium Inc. (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) has signed a Memorandum of Understanding (MoU) with SCHWENK Zement GmbH & Co. KG (Schwenk), a leading German cement manufacturer, to use Lithium production by-products from Rock Tech's Guben Converter for use in Schwenk's cement manufacturing. This innovative partnership promises significant environmental and economic benefits by reducing carbon emissions and creating a new revenue stream. It is therefore fully in line with the German government's National Circular Economy Strategy, which was adopted in December. One of the strategy's objectives is to increase the use of industrial by-products in cement production.

Rock Tech and Schwenk Zement partner on zero-waste strategy. (CNW Group/Rock Tech Lithium Inc.)

"This partnership is a testament to our commitment to sustainability and formation of a circular economy." said Kerstin Wedemann, Chief Operations and Legal Office at Rock Tech. "By transforming waste into value, we enhance our profitability and support the cement industry's decarbonization efforts."

"Ensuring the future supply of sufficient quantities of high-quality cement grinding materials is of great strategic importance for Schwenk. The LSC (Leached Spodumene Concentrate) produced during the operation of the planned Converter in Guben represents an interesting and regionally available source of secondary raw materials." says Johann Trenkwalder, Member of the Management Board SCHWENK Germany

Environmental and Economic Benefits

The primary objective of the partnership is to develop industrial applications for residues generated from Rock Tech's Lithium-Hydroxide production, specifically leach residues. During initial studies conducted by the Institute of Technologies and Economics of Lithium (ITEL), the leach residues demonstrated potential as Supplementary Cementitious Materials (SCM) for use in cement manufacturing, offering the following benefits:

  • New Revenue Stream and Improved Economics: Rock Tech will sell its by-products to Schwenk, thereby creating an additional income stream. The parties have agreed on key commercial terms, including offtake pricing for the product.

  • Lower Carbon Emissions: Using the leach residues as SCMs in cement production significantly reduces CO₂ emissions for Schwenk and reduces dependency on other SCMs from coal-based-energy production, which will be less widely available in the future.

  • Cost Savings: Avoiding leach residue transportation and disposal lowers Rock Tech's annual operational expenditures by c. 7% and reduces the Guben Converter environmental impact.

Upon the successful ramp-up of Rock Techs' Guben Converter, Schwenk plans to invest into state-of-the-art facilities for drying, grinding, and storing leach residues from Lithium production. By 2029, Schwenk aims to use up to 200,000 tonnes of by-products annually, helping Rock Tech achieve its zero-waste goals.

A Sustainable Partnership

The agreement outlines that Schwenk eventually intends to offtake leach residues from Rock Tech's Guben Converter. During the initial ramp-up phase, flexibility is prioritized, including the option of temporarily utilizing residues in the high-temperature cement processes, if required. To facilitate the widespread adoption of this innovation, both parties will jointly pursue critical certifications, including REACH compliance and approvals from the German Institute for Construction Technology (DIBt). The certification process is expected to take up to 1.5 years. As part of the agreement, both parties agree to exclusive cooperation for the duration of the agreement.

ABOUT ROCK TECH

Rock 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 Red Rock, 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.

ABOUT SCHWENK ZEMENT

Schwenk Zement is one of Germany's leading cement manufacturers and a pioneering force in the construction materials industry. Established in 1847, SCHWENK is among the oldest family-owned companies in the German construction sector. The company operates internationally, offering expertise across cement, concrete, sand, gravel, and pumping technologies. With a steadfast commitment to sustainable practices, SCHWENK invests significantly in cutting-edge research and green technologies to reduce its operations' environmental footprint. Its forward-looking approach ensures resource efficiency and innovation, making it a key player in driving sustainability within the global construction industry. Contact: Laura Schleicher: laura.schleicher@schwenk.com

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.

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 economic performance of the Guben Converter and anticipated production of battery-grade Lithium Hydroxide and related processing methods 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.

Cision

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SOURCE Rock Tech Lithium Inc.

Cision

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TSX Venture Exchange (TSX-V): GRGFrankfurt Stock Exchange (FSE): G6AOTCQB Venture Market (OTCQB): GARWF

VANCOUVER, BC, Jan. 29, 2025 /PRNewswire/ – Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF), ("Golden Arrow" or the "Company") is pleased to report results from the final two holes of the Phase 2 drill program at the San Pietro Copper-Gold-Iron-Cobalt Project in Chile ("San Pietro" or the "Project"). These two holes (SP-DDH-39 and SP-DDH-40) together with two of the previously reported holes from the program (SP-DDH-29 and SP-DDH-38) confirm a broad extension of the Rincones target up to 400 metres to the south (see Figure 1). Each of the four holes has now reported intervals of between 180 and 310 metres that average over 0.2% Cu and 0.03 g/t Au as well as significant cobalt and iron. This southern Rincones area is expected to have significant positive impact on the Mineral Resource Estimate ("MRE") that is currently underway. Furthermore, the area remains sparsely drilled and open for expansion, particularly towards the Colla target located approximately 600 metres further to the south-southeast.

Golden Arrow Resources Corporation logo (CNW Group/Golden Arrow Resources Corporation)

Results of the final two holes are highlighted by:

  • 180m averaging 0.21% Cu, 0.07 g/t Au, 95 g/t Co and 12.9% Fe starting at 276.73m depth in hole SP-DDH-39, in an undrilled area 280m south of SP-DDH-38 and 220m along trend from SP-DDH-29

  • Pervasive mineralization from 75 m depth to nearly the end of the hole at 541 metres in SP-DDH-40, including 224 m averaging 0.20% Cu, 0.03 g/t Au, 63 g/t Co and 11.6% Fe starting at 317.05 metres

    • Geologic modelling indicates continuity of mineralization of this hole with SP-DDH-38 and earlier holes along section (see Figure 2).

Brian McEwen, VP Exploration and Development for Golden Arrow, commented, "Phase 2 drilling has definitely finished on a high note. We are going into our first resource estimate knowing that the infill program we designed has successfully confirmed what we had expected after our preliminary work: stronger mineralization and better continuity than many previous interpretations. We believe this will translate into an MRE that shows our investors and stakeholders that we have again discovered a substantial deposit with strong upside and value-creation potential. Phase 2 might be done but we can't wait to get back out into the field to keep drilling and building Rincones, potentially all the way to Colla, as well as continuing to make new discoveries at our many targets throughout the massive project area, including some exciting prospects that were newly identified in 2024."

The Phase 2 drill program was executed in 2024, including an additional 24 holes, or 8292 metres of drilling on the Rincones advanced exploration target and 2 holes with a total of 607 metres drilled at the early-stage Colla target. Mineralization at the project is hosted in magnetite-rich mantos that are highly magnetic, as well as structurally-related specularite breccias and veins. In late 2024 the Company completed a new detailed ground magnetic survey over the Rincones and Colla targets to further delineate the targets and prioritize areas for the next phase of drill testing. In addition, since 2023 company geologists have been engaged in detailed geologic mapping throughout the nearly 20,000 hectares of concessions, work which had not been undertaken by previous operators. The 2024 mapping and surface sampling program in the southern project area identified new prospective targets, including Noemi and Lolita N (Figure 1), and a ground magnetics survey covering 1500 hectares was completed late in the year. Data from the surveys is still being processed.

Table 1. Summary of New Intervals, Phase 2 Drilling[Cu Grade >0.20% or Co Grade >200 g/t or Au Grade >0.2 g/t or Fe Grade >30%]

Hole

From

(m)

To

(m)

Interval (m)

Cu

(%)

Au

(g/t)

Co

(g/t)

Fe

(%)

Rincones Target

SP-DDH-39

200.00

202.30

2.30

0.35

0.05

77

10.9

231.00

236.00

5.00

0.14

0.13

335

4.0

276.73

456.85

180.12

0.21

0.07

95

12.9

includes

323.70

337.55

13.85

0.31

0.04

98

17.5

&

371.00

456.85

85.85

0.28

0.11

106

13.8

includes

451.72

456.85

5.13

0.90

0.52

431

15.2

SP-DDH-40

49.00

53.32

4.32

0.02

0.04

294

15.7

75.00

149.03

74.03

0.20

0.04

119

14.7

279.00

283.54

4.54

0.30

0.03

156

28.1

317.05

541.22

224.17

0.20

0.03

63

11.6

includes

329.00

341.00

12.00

0.49

0.05

106

14.3

&

381.87

386.67

4.80

2.15

0.30

167

33.8

&

473.00

477.10

4.10

1.13

0.06

128

21.1

Note: Intervals are downhole length. See hole descriptions in text for additional details.

Drill Hole Details

The San Pietro Project hosts multiple targets with strong Iron oxide-Copper-Gold and Cobalt mineralization (see Figure 1). This mineralization is typically found within a pile of fine to porphyritic andesites that exhibit widespread potassic feldspar alteration. The mineralization is often associated with areas where a superimposed quartz-scapolite alteration is more intense and there is a development of brecciation with specularite and massive replacement of magnetite.

SP-DDH-39 was collared 220 metres to the northwest of, and drilled parallel to, SP-DDH-29 which intersected 310.85m averaging 0.19% Cu, 0.06 g/t Au, 127 g/t Co and 12.2% Fe starting at 186.4m depth, as reported on October 31, 2024. The new hole tested for mineralization along the general northwest structural trend from SP-DDH-29 corresponding to a set of subparallel specularite breccias trending from east-west to northwest. The first 322 metres of the hole were dominated by a porphyritic andesite, which is less permeable to the development of fracturing and the entry of mineralized solutions. From 322 metres to the end of hole at 509 metres, the SP-DDH-39 shows a package of fine porphyritic andesites. These host a series of veinlets and crackle breccias with chalcopyrite-pyrite and specularite including a higher-grade structure at 452 metres with a halo of disseminated magnetite. In addition, near the contact between the porphyritic and fine andesites at 276 to 322 metres depth several mineralized structures were developed.

SP-DDH-40 filled in the area between the main Rincones target area and the step-out hole SP-DDH-38 (155 metres southwest) which recently reported 283 metres averaging 0.23% Cu, 0.04 g/t Au, 101 g/t Co and 15.5% Fe from 83 metres depth (see January 21, 2025 news release). From 130 metres to the end of the hole at 548 metres, the fine porphyritic andesite hosts a series of zones with veinlets and crackle breccias filled with chalcopyrite-pyrite. Additionally in this hole there are a series of sub horizontal magnetite replacement mantos of 5 to 8 metres wide with >30% of total iron, and in some cases with high Cu-Au mineralization, as demonstrated in the 4.80 metres interval with 2.15% Cu, 0.3 g/t Au and 33.8% Fe starting at 381.87 metres deep. The cross-section in Figure 2 demonstrates the modeled units and continuity with SP-DDH-38, as well as neighbouring holes SP-DDH-11 and SP-DDH-05 (reported on July 12, 2023).

Table 2. Drill Hole Collar Information[PSAD 56 / UTM Zone 19 S]

Hole

Easting

Northing

Elevation (m)

Azimuth

(˚)

 (˚)

Final Depth (m)

SP-DDH-39

390572

7071002

1003

20

-60

509

SP-DDH-40

390653

7071424

997

20

-60

548

Methodology & QA/QC

This drilling campaign was completed by Sociedad de Servicios Andinos SpA of Copiapó, Chile, using diamond drill producing HQ-sized core. The Golden Arrow field team, supervised by senior geologists, photographed and logged the entire length of core for each drillhole, as well as measured it for recovery and marked it for sampling. Pieces of whole core approximately 10 to 15 cm long were selected and measured for specific gravity on average every 20 metres and targeting all different lithologies. Subsequently, the core was cut in half with an electric saw. One half was labelled, bagged and sent for analysis and the other half retained onsite. After completing the sampling of each hole, the samples were shipped to ALS Laboratory in Copiapo, Chile by a contract truck service. Sample preparation and gold analysis by Fire Assay and reading by atomic absorption on 30 gm sample by method Au-AA23 was completed at the ALS facility in Santiago de Chile. Multi-element package by ICP-OES reading following a four-acid digestion by method ME-ICP61 was performed at ALS facilities in Lima, Peru. Samples with over limits in copper (+ 10,000 ppm) were re-assayed by ore grade method Cu-OG62 that includes four acid digestion and ICP-OES reading. The Company follows industry standard procedures for the work carried out on the San Pietro Project, with a quality assurance/quality control ("QA/QC") program. Blank and standard samples were inserted in each batch of samples sent to the laboratory for analysis. Golden Arrow detected no significant QA/QC issues with material effect on the data. The trajectory of all the holes drilled at San Pietro during this Phase 2 were measured using the gyroscope equipment "Champ Navigator" that assures no interference from the magnetite in the ground. Additionally, all the core was orientated using the "Champ Ori" core orientator to measure the azimuth and dip of structures.

About the San Pietro IOCG Project

The San Pietro Project covers approximately 20,000 hectares, 100 kilometres north of Copiapo. Situated between and adjacent to Capstone Copper's Manto Verde Mine property and Santo Domingo Project, San Pietro is in the centre of a potential new copper-iron-cobalt district within an active, well-developed mining region that is home to all the major iron oxide-copper-gold ("IOCG") deposits in Chile.

The Project is hosted by andesite units in a Cretaceous-aged volcano-sedimentary sequence associated with intrusive rocks including granodiorites and diorites of similar age. The Project is located east of the Atacama Fault system, a major north-south regional structure, which was instrumental in controlling the emplacement of the ore deposits in the area.

Mineralization at San Pietro is typical of an IOCG system, with the addition of cobalt, and occurs in mantos, breccias and veins within a zone of alteration characterized by an association of actinolite, epidote, chlorite and scapolite. The mantos are replacement of andesite by magnetite and sulphides, with a roughly southeast strike and a gentle dip to the SW. Breccias and veins crosscut the mantos, are often subvertical, and filled with specularite and sulphides.

Qualified Persons

The exploration programs are designed by the Company's geological staff and results are reviewed, verified (including sampling, analytical and test data) and compiled under the supervision of Brian McEwen, P.Geol., VP Exploration and Development to the Company. Mr. McEwen is a Qualified Person as defined in National Instrument 43-101 and has reviewed and approved the contents of the news release.

About Golden Arrow:

Golden Arrow Resources Corporation is a mining exploration company with a successful track record of creating value by making precious and base metal discoveries and advancing them into exceptional deposits.

Golden Arrow is actively exploring its flagship property, the advanced San Pietro iron oxide-copper-gold-cobalt project in Chile, and a portfolio that includes nearly 125,000 hectares of prospective properties in Argentina.

The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.

ON BEHALF OF THE BOARD

"Joseph Grosso"

_______________________________

Mr. Joseph Grosso, Executive Chairman, President and CEO

Neither the TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as "anticipate", "will", "expect", "may", "continue", "could", "estimate", "forecast", "plan", "potential" and similar expressions. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. All statements, other than statements of historical fact, that address activities, events or developments management of the Company believes, expects or anticipates will or may occur in the future, including, without limitation, statements about the Company's plans for its mineral properties; the Company's business strategy, plans and outlooks; the future financial or operating performance of the Company; and future exploration and operating plans are forward-looking statements.

Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. Accordingly, readers should not place undue reliance on the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things: risks and uncertainties related to the ability to obtain, amend, or maintain licenses, permits, or surface rights; risks associated with technical difficulties in connection with exploration activities; the possibility that future exploration. There may be other factors that cause results or events to not be as anticipated. Actual results may differ materially from those currently anticipated in such statements. Readers are encouraged to refer to the Company's Management's Discussion and Analysis for a more detailed discussion of factors that may impact expected future results. The forward-looking statements contained in this press release are made as of the date hereof or the dates specifically referenced in this press release, where applicable. The Company undertakes no obligation to publicly update or revise any forward-looking statements, unless required pursuant to applicable laws. All forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.

Cision

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SOURCE Golden Arrow Resources Corporation

Southern Copper (SCCO) ended the recent trading session at $91.37, demonstrating a +0.94% swing from the preceding day's closing price. The stock's change was more than the S&P 500's daily loss of 0.47%. Elsewhere, the Dow lost 0.31%, while the tech-heavy Nasdaq lost 0.51%.

Heading into today, shares of the miner had lost 0.67% over the past month, lagging the Basic Materials sector's gain of 1.28% and the S&P 500's gain of 1.67% in that time.

The investment community will be paying close attention to the earnings performance of Southern Copper in its upcoming release. The company is forecasted to report an EPS of $1.02, showcasing a 78.95% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $2.78 billion, indicating a 21.1% increase compared to the same quarter of the previous year.

It's also important for investors to be aware of any recent modifications to analyst estimates for Southern Copper. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.46% upward. Southern Copper presently features a Zacks Rank of #3 (Hold).

Digging into valuation, Southern Copper currently has a Forward P/E ratio of 19.57. For comparison, its industry has an average Forward P/E of 19.57, which means Southern Copper is trading at no noticeable deviation to the group.

It is also worth noting that SCCO currently has a PEG ratio of 1.77. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. By the end of yesterday's trading, the Mining – Non Ferrous industry had an average PEG ratio of 0.85.

The Mining – Non Ferrous industry is part of the Basic Materials sector. This industry, currently bearing a Zacks Industry Rank of 86, finds itself in the top 35% echelons of all 250+ industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

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Zacks Investment Research

Written by Amy Legate-Wolfe at The Motley Fool Canada

When analysts set out to identify valuable materials stocks for Canadian investors in 2025, they embark on a multifaceted evaluation process. First and foremost, they delve into a company’s financial health, scrutinizing metrics such as profit margins, return on equity, and debt levels. A robust balance sheet often signals a company’s resilience and its capacity to weather economic fluctuations. But what else should investors take note of? Let’s dive in.

What to watch

Beyond the numbers, analysts assess a company’s position within the industry. They consider market share, competitive advantages, and the diversity of operations. A company with a significant market presence and diversified operations is typically better equipped to capitalize on market opportunities and mitigate risks.

Commodity price trends play a pivotal role in this analysis as well. Analysts monitor the prices of key materials like copper, silver, and gold, understanding that these fluctuations can significantly impact a company’s revenue and profitability. For instance, a surge in copper prices could bode well for companies heavily invested in copper production.

Geopolitical factors are also on the radar. Analysts evaluate the political stability of the regions where a company operates as well as trade policies and regulations that could affect operations. A favourable geopolitical climate can enhance operational efficiency, while instability might pose challenges. So, which stocks check all the boxes?

The stocks

Now, turning our attention to specific companies, Teck Resources (TSX:TECK.B) stands out as a compelling option. In the third quarter of 2024, Teck reported an adjusted profit of $0.60 per share, surpassing analysts’ expectations of $0.37 per share. This impressive performance was largely driven by a 60% year-over-year increase in copper production at their Quebrada Blanca mine. Looking ahead, Teck is focusing on energy transition metals, positioning itself strategically for future demand.

Pan American Silver (TSX:PAAS) is another noteworthy contender. In the third quarter of 2024, the company achieved a record revenue of $716.1 million, producing 5.47 million ounces of silver and 225.0 thousand ounces of gold. This robust performance underscores Pan American’s operational efficiency and its ability to capitalize on favourable market conditions.

Wheaton Precious Metals (TSX:WPM) also merits attention. In the same quarter, Wheaton reported revenue of $308 million and operating cash flow of $254 million, marking a significant increase from previous periods. With a cash balance of $694 million and no debt as of September 30, 2024, the company is well-positioned for future growth.

Foolish takeaway

Looking ahead, the outlook for these companies looks promising. Teck’s strategic shift towards energy transition metals aligns with global trends favouring sustainable resources. Pan American Silver’s strong production metrics position it well to benefit from anticipated increases in silver demand, particularly in industrial applications. Wheaton Precious Metals’s robust financial position provides a solid foundation for future investments and potential expansion opportunities.

In conclusion, analysts employ a comprehensive approach when evaluating materials stocks, considering financial health, market position, commodity trends, and geopolitical factors. Companies like Teck Resources, Pan American Silver, and Wheaton Precious Metals exemplify strong investment opportunities. Each demonstrates solid performance and strategic initiatives that align with favourable market trends.

The post 3 Top Materials Sector Stocks for Canadian Investors in 2025 appeared first on The Motley Fool Canada.

Should you invest $1,000 in Pan American Silver Corp. right now?

Before you buy stock in Pan American Silver Corp., consider this:

The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Pan American Silver Corp. wasn’t one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years.

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Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 35 percentage points since 2013*.

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Fool contributor Amy Legate-Wolfe has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

2025

As Australian markets brace for a cautious opening, reflecting the skittish mood of global indices after the Federal Reserve’s recent announcements, investors are seeking opportunities that balance risk and reward. Penny stocks, though often considered a niche investment area, continue to offer potential growth opportunities in smaller or newer companies. When these stocks are supported by strong financials and solid fundamentals, they can provide an attractive avenue for those looking to uncover hidden gems in the market.

Top 10 Penny Stocks In Australia

Name

Share Price

Market Cap

Financial Health Rating

Embark Early Education (ASX:EVO)

A$0.77

A$141.28M

★★★★☆☆

LaserBond (ASX:LBL)

A$0.575

A$67.4M

★★★★★★

Austin Engineering (ASX:ANG)

A$0.50

A$310.07M

★★★★★☆

MaxiPARTS (ASX:MXI)

A$1.92

A$106.21M

★★★★★★

GTN (ASX:GTN)

A$0.52

A$102.12M

★★★★★★

Helloworld Travel (ASX:HLO)

A$1.97

A$320.75M

★★★★★★

SHAPE Australia (ASX:SHA)

A$2.99

A$247.9M

★★★★★★

IVE Group (ASX:IGL)

A$2.18

A$337.66M

★★★★☆☆

SKS Technologies Group (ASX:SKS)

A$1.59

A$229.74M

★★★★★★

Nickel Industries (ASX:NIC)

A$0.80

A$3.43B

★★★★★☆

Click here to see the full list of 1,027 stocks from our ASX Penny Stocks screener.

Here’s a peek at a few of the choices from the screener.

Aurelia Metals

Simply Wall St Financial Health Rating: ★★★★★☆

Overview: Aurelia Metals Limited is an Australian company involved in the exploration and production of mineral properties, with a market capitalization of approximately A$312.94 million.

Operations: The company’s revenue is derived from its operations at the Peak Mine generating A$207.34 million, the Dargues Mine contributing A$102.36 million, and the Hera Mine with A$0.20 million.

Market Cap: A$312.94M

Aurelia Metals Limited, with a market cap of A$312.94 million, derives significant revenue from its Peak and Dargues Mines. Despite being unprofitable with increasing losses over the past five years, the company maintains a strong cash runway exceeding three years and positive free cash flow. Analysts forecast earnings growth at 47.19% annually, indicating potential for future profitability. The stock is trading significantly below estimated fair value, suggesting possible upside according to analysts’ consensus price targets. However, both the management team and board are relatively inexperienced, which may impact strategic execution moving forward.

ASX:AMI Financial Position Analysis as at Jan 2025Perenti

Simply Wall St Financial Health Rating: ★★★★★★

Overview: Perenti Limited is a global mining services company with a market capitalization of A$1.24 billion.

Operations: The company’s revenue is primarily derived from its Contract Mining Services segment, which generated A$2.54 billion, followed by Drilling Services with A$598.10 million and Mining Services and Idoba contributing A$239.06 million.

Market Cap: A$1.24B

Perenti Limited, with a market cap of A$1.24 billion, primarily generates revenue from its Contract Mining Services segment. The company has demonstrated high-quality earnings and stable weekly volatility. Its short-term assets exceed both short- and long-term liabilities, indicating solid liquidity management. Perenti’s net debt to equity ratio is satisfactory at 23.6%, with interest payments well covered by EBIT (3.1x coverage). Despite negative earnings growth over the past year and low return on equity at 6%, forecasts suggest a robust annual earnings growth of 22.07%. The stock trades significantly below estimated fair value, suggesting potential undervaluation opportunities.

ASX:PRN Financial Position Analysis as at Jan 2025Star Entertainment Group

Simply Wall St Financial Health Rating: ★★★★☆☆

Overview: The Star Entertainment Group Limited operates and manages integrated resorts in Australia, with a market cap of A$372.65 million.

Operations: The company’s revenue is derived from its operations in Sydney (A$877.5 million), Brisbane (A$344.2 million), and the Gold Coast (A$456.1 million).

Market Cap: A$372.65M

Star Entertainment Group, with a market cap of A$372.65 million, faces challenges as it remains unprofitable and has seen increasing losses over the past five years. Despite having more cash than total debt and a sufficient cash runway for over three years, its short-term liabilities exceed short-term assets by A$263.8 million, raising liquidity concerns. Recent executive changes include the appointment of Steve McCann as CEO and Frank Krile as CFO, potentially signaling strategic shifts. The stock is considered to be trading at a good value compared to peers but exhibits high volatility relative to most Australian stocks.

ASX:SGR Revenue & Expenses Breakdown as at Jan 2025Turning Ideas Into Actions

  • Get an in-depth perspective on all 1,027 ASX Penny Stocks by using our screener here.

  • Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St’s portfolio, where intuitive tools await to help optimize your investment outcomes.

  • Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

Ready To Venture Into Other Investment Styles?

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 ASX:AMI ASX:PRN and ASX:SGR.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

Investing.com — Bernstein downgraded Anglo American PLC (LON:AAL) to “Market-Perform” citing a more balanced risk-reward profile after BHP Group (NYSE:BHP) withdrew its interest in acquiring the miner.

The “BHP Put,” called a safety net by brokerage for Anglo’s shareholders, is no longer in play, reducing the margin of safety underpinning its prior “Outperform” rating.

BHP’s decision was attributed to valuation divergences according to media reports. BHP shares have underperformed Anglo by over 30% since April 2024, making an all-share deal expensive. Alternative financing options, including raising debt or equity, would either stretch BHP’s balance sheet or signal a desperate need for acquisitions, analysts said.

“The BHP Put was part of our belts and braces Outperform thesis as it gives Anglo’s shareholders a safety net, in case the current management disappoint,” analyst said.

While Bernstein praised Anglo’s 2024 progress, including its met coal demerger and cost-saving efforts, the lack of the BHP backstop shifts focus to management’s ability to deliver sustainable improvements. The brokerage maintained its price target for Anglo at GBP26 per share.

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Patrick Merrin named Chief Operations Officer and Peter Fjellman named Chief Financial Officer

OVERLAND PARK, Kan., January 28, 2025–(BUSINESS WIRE)–Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced the appointment of Patrick Merrin, a seasoned operating executive in the mining industry, as the company’s new chief operations officer (COO) and Peter Fjellman, who has decades of experience in senior finance roles, as its new chief financial officer (CFO). Merrin’s appointment is effective March 3 and fills the COO position which has been open since June 2024. Fjellman, whose appointment is effective immediately, succeeds Jeff Cathey who has decided to depart Compass Minerals due to personal reasons. Cathey has agreed to serve the company in a consulting capacity for a period of three months to help ensure a smooth transition.

As COO, Merrin will be responsible for the primary operational management of the company’s 12 production and packaging facilities across the U.S., Canada and the U.K. He joins Compass Minerals from Lundin Mining Corporation (LUN.TO), a diversified Canadian base metals miner, where he served as executive vice president of technical services.

Fjellman has spent more than 30 years leading finance teams across diverse industrial, manufacturing and logistics sectors, most recently serving as senior vice president of finance, Americas and Asia Pacific for GXO Logistics (NYSE: GXO), a spinoff of XPO Logistics (NYSE: XPO). As CFO of Compass Minerals, Fjellman will be responsible for all aspects of financial management for the company, including accounting, reporting, tax, internal audit, treasury, financial planning and analysis, and investor relations.

"Pat and Peter bring more than six decades of collective leadership experience with multi-national, private and publicly traded companies across the mining and industrial manufacturing industries, respectively," said Edward C. Dowling Jr., president and CEO. "Operating safely and efficiently, while aggressively managing our balance sheet to maximize the value of our advantaged assets, are foundational in how we strive to run our company. I look forward to the additive contributions that Pat and Peter will bring to Compass Minerals as we continue our focused efforts on consistent performance and continuous improvement across our business."

"I also want to thank Jeff for his many contributions first as chief accounting officer and ultimately CFO of Compass Minerals. I’m deeply grateful for his expertise and leadership through recent changes to our business and strategy," added Dowling.

About Patrick Merrin

Patrick Merrin’s extensive operating experience in the mining industry spans three decades. Prior to Lundin, he was appointed chief executive officer at Copper Mountain Mining Corporation (CMMC.TO), a copper mining company. Previous roles include COO of mining at Washington Companies, a diversified holding company in the transportation, mining, construction, and shipbuilding industries; and senior vice president of Canadian operations at Newcrest Mining (NCM.TO) and Goldcorp (G.TO), both gold mining companies acquired by Newmont Corporation. Merrin earned a Bachelor of Engineering in chemical engineering from McGill University and a Master of Business Administration from University of Toronto.

About Peter Fjellman

Fjellman has spent more than 30 years leading finance teams across diverse industrial, manufacturing and logistics sectors. Prior to GXO Logistics, Fjellman’s roles included CFO, Americas for ABB (SWX: ABBN), a global power and automation products manufacturer; vice president, finance, North America at Danaher Corporation (NYSE: DHR), a global life sciences and diagnostics company; and positions of increasing responsibility at Newell Rubbermaid Corporation (NAS: NWL), a global consumer goods manufacturer. Fjellman began his career on the audit team at KPMG after earning a Bachelor of Science in accounting from Southwest Baptist University.

About Compass Minerals

Compass Minerals (NYSE: CMP) is a leading global provider of essential minerals focused on safely delivering where and when it matters to help solve nature’s challenges for customers and communities. The company’s salt products help keep roadways safe during winter weather and are used in numerous other consumer, industrial, chemical and agricultural applications. Its plant nutrition products help improve the quality and yield of crops while supporting sustainable agriculture. Additionally, it is working to develop a long-term fire-retardant business. Compass Minerals operates 12 production and packaging facilities with approximately 1,900 employees throughout the U.S., Canada and the U.K. Visit compassminerals.com for more information about the company and its products.

Forward-Looking Statements

This press release may contain forward-looking statements, including, without limitation, statements regarding performance and improvement. These statements are based on the company’s current expectations and involve risks and uncertainties that could cause the company’s actual results to differ materially. The differences could be caused by a number of factors including those factors identified in the "Risk Factors" and "Management’s Discussion and Analysis of Financial Condition and Results of Operations" sections of the company’s Annual and Quarterly Reports on Forms 10-K and 10-Q, including any amendments, as well as the company’s other SEC filings. The company undertakes no obligation to update any forward-looking statements made in this press release to reflect future events or developments, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250127527808/en/

Contacts

Media Contact Rick AxthelmChief Public Affairs and Sustainability Officer+1.913.344.9198MediaRelations@compassminerals.com

Investor Contact Brent CollinsVice President, Treasurer and Investor Relations+1.913.344.9111InvestorRelations@compassminerals.com

Stillwater Critical Minerals Corp. (TSXV:PGE)(OTCQB:PGEZF)(FSE:J0G) (the "Company" or "Stillwater") announces it has filed an Early Warning Report related to its updated holdings of 15,350,000 common shares of Heritage Mining Ltd. ("Heritage") (CSE: HML) which represents approximately 13.3% of the total issued and outstanding shares of Heritage. In addition, the Company holds 3,000,000 share purchase warrants which, if exercised, would bring Stillwater's ownership to 15.5% on a partially diluted basis. These securities were issued to Stillwater in addition to past cash payments and the completion of over $2.5M in exploration work as required to satisfy the commitments for a 51% earn-in to the Company's Drayton – Black Lake project per the Definitive Earn-In Agreement (the "Agreement") announced November 29, 2021, as amended.

The Heritage shares are held directly by Stillwater for investment purposes. Additional share payments to Stillwater are required under the Agreement and the Company may in the future take such actions in respect of its shares as it deems appropriate in light of the market circumstances then existing including the sale of all or a portion of such holdings in the open market or in privately negotiated transactions to one or more purchasers.

There are no persons acting jointly or in concert with Stillwater with respect to the shareholdings in Heritage, nor has the Company entered into any agreements in respect of its shareholdings in Heritage with any person with which Stillwater acts jointly or in concert.

This news release is being issued in accordance with National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the filing of an early warning report. The early warning report respecting the acquisition will be filed on the System for Electronic Document Analysis and Retrieval ("SEDAR+") at www.sedarplus.ca.

Highlights

  • The Agreement provides Stillwater with significant exposure to an advancing high-grade gold project, while allowing it to focus on its Stillwater West critical minerals project in Montana.

  • Under the Agreement, Heritage can earn up to a 90% interest in the district-scale Drayton-Black Lake high-grade gold asset adjacent to Nexgold's Goliath Gold project, in northwest Ontario. The property has significant exploration potential with demonstrated high-grade gold in drill results and bulk samples across more than 30 kilometers of underexplored strike in a geologic setting that is shared with Nexgold and New Gold's Rainy River mine, among other deposits.

  • Earn-In Milestones Achieved by Heritage: Heritage has met the requirements for the first earn-in of 51% by completing the following:

    • Issuing 15,350,000 shares and 3,000,000 warrants to Stillwater;

    • Payments totaling $170,000 in cash and;

    • Completion of $2.5M in exploration expenditures on the Drayton – Black Lake project.

  • Future Earn-In Requirements for 90% Ownership: Under the terms of the Agreement, as amended, Heritage may acquire a total 90% undivided interest in the Drayton – Black Lake property by completing the following before the fifth anniversary:

    • Issuance of an additional 1.1 million shares to Stillwater;

    • Completion of an additional $2.5M exploration and development work, and;

    • Upon completion of the earn-in to 90% by Heritage, Stillwater will retain a 10% free carried interest in the Drayton-Black Lake project, with Heritage being responsible for all project costs until completion by Heritage of a positive feasibility study supported by a technical report prepared in accordance with NI 43-101 on the project (the "FS").

  • NSR Royalties: Stillwater retains an NSR royalty on the Drayton-Black Lake Gold project.

  • Discovery Payment to Stillwater: Heritage shall grant Stillwater a discovery payment of $1.00 per ounce of gold or gold equivalent shall be made on mineral resource estimates as filed from time-to-time on the property and shall, in Heritage's discretion, be paid in cash or shares (or a combination thereof), capped at a maximum of $10 M.

  • Joint Venture Provisions: The Agreement provides for the formation of a Joint Venture ("JV") based on the then legal and beneficial ownership levels in the property following completion of the FS. A JV may also be formed in the event Heritage does not complete the requirements for the 90% ownership.

  • Minimum Expenditure Requirements: Heritage is required to maintain minimum exploration and development expenditures of $500,000 per annum until the completion of the FS in order to maintain status as operator of the JV. Stillwater maintains certain back-in rights in the event Heritage does not meet minimum expenditure requirements.

Upcoming Events

Stillwater's President and CEO, Michael Rowley, will be available at the following events in 2025, in addition to other events to be added as the Company rolls out its marketing plans over the coming year:

  • 121 Mining Events – Cape Town, South Africa, February 3-4, 2025. For information, click here.

  • Mining Indaba – Cape Town, South Africa, February 3-6, 2025. For information, click here.

  • Prospectors and Developers Association of Canada Conference (PDAC) – Toronto, Ontario, Canada, March 2-5, 2025. For information, click here.

  • The Mining Investment Event of the North – Quebec City, Quebec, Canada, June 3-5, 2025. For information, click here.

  • Precious Metals Summit – Beaver Creek, Colorado, September 9-12, 2025. For information, click here.

  • Precious Metals Summit – Zurich, Switzerland, November 10-11, 2025. For information, click here.

  • About Stillwater Critical Minerals Corp.

    Stillwater Critical Minerals (TSXV:PGE)(OTCQB:PGEZF)(FSE:J0G) is a 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 resource in an active US mining district as part of a compelling suite of nine minerals now listed as critical in the USA.

    Stillwater also holds 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, now subject to an LOI towards an earn-in agreement with Granite Creek Copper, and maintains a back-in right on the high-grade past-producing Yankee-Dundee in BC, following its sale in 2013.

    FOR FURTHER INFORMATION, PLEASE CONTACT:

    Michael Rowley, President, CEO & Director – Stillwater Critical Minerals

    Email: info@criticalminerals.comWeb: http://criticalminerals.com

    Phone: (604) 357 4790Toll Free: (888) 432 0075

    Forward-Looking Statements

    This 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, the realization of mineral resource estimates, 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 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.

    SOURCE: Stillwater Critical Minerals Corp.

    (Updates shares.) Lundin Mining (LUN.TO) late on Monday said it expects a pre-tax cut to fourth-q

    Lundin Mining (LUN.TO) late on Monday said it expects a pre-tax negative impact of $46 million on it

    Written by Amy Legate-Wolfe at The Motley Fool Canada

    When it comes to choosing between Teck Resources (TSX:TECK.B) and First Quantum Minerals (TSX:FM) on the TSX, it’s essential to consider recent performances, financial health, and future prospects. So today that’s just what we’ll do. Let’s delve into each to help you make an informed decision.

    Into earnings

    Teck Resources reported its third-quarter 2024 results on October 24, 2024, showcasing an adjusted profit of C$0.60 per share, surpassing analysts’ expectations of C$0.37 per share. This impressive performance was primarily driven by a significant increase in copper production at their Quebrada Blanca (QB) mine, which saw a 60% year-over-year rise to 115,000 metric tons. Additionally, the Canadian stock completed the sale of a 77% stake in its steelmaking coal unit to Glencore Plc, marking a strategic shift towards focusing on energy transition metals.

    On the other hand, First Quantum Minerals reported its third-quarter 2024 results on October 22, 2024, with net earnings attributable to shareholders of $108 million, translating to $0.13 per share. This was a notable improvement compared to previous quarters, indicating a positive trend in their financial performance. However, it’s worth noting that the Canadian stock faced operational challenges, including a temporary suspension at its Kansanshi copper mine in Zambia due to a fatal accident.

    Finances

    Teck Resources boasts a robust financial position, with a market capitalization of approximately $31.5 billion as of September 30, 2024. The Canadian miner reported total cash holdings of $7.2 billion and a total debt of C$9.4 billion, resulting in a debt-to-equity ratio of 36.3%. Its current ratio stands at 2.9, indicating strong liquidity. Furthermore, Teck has been proactive in returning value to shareholders, distributing $720 million through dividends and share buybacks in the third quarter alone.

    First Quantum Minerals, with a market capitalization of $15.6 billion as of September 30, 2024, reported total cash holdings of $783 million and a total debt of $7.9 billion, leading to a higher debt-to-equity ratio of 67.4%. The Canadian stock’s current ratio is 1.8, suggesting adequate liquidity but less cushion compared to Teck. Furthermore, First Quantum has been exploring strategic partnerships, including advanced talks with Saudi Arabia’s Manara Minerals to sell a minority stake in its Zambian copper and nickel assets, potentially bolstering its financial position.

    Future outlook

    Teck Resources is strategically positioning itself as a leader in energy transition metals, capitalizing on the growing demand for copper and other essential materials in renewable energy technologies. The successful divestment of its coal assets allows Teck to focus on expanding its copper production capabilities, aligning with global sustainability trends.

    First Quantum Minerals is also poised to benefit from the increasing demand for copper, with significant operations in Zambia and ongoing projects aimed at boosting production. However, the company faces challenges, including operational disruptions and a higher debt load.

    Bottom line

    Both Teck Resources and First Quantum Minerals present compelling investment opportunities in the mining sector, particularly with the rising demand for copper driven by global energy transition initiatives. Teck’s strong financial health, strategic focus on energy transition metals, and consistent shareholder returns position it favourably. First Quantum’s growth potential is evident, but it faces higher leverage and operational challenges that warrant careful consideration.

    As always, it’s advisable to conduct thorough research and consider your investment objectives and risk tolerance before making a decision. Consulting with a financial advisor can provide personalized insights tailored to your financial goals.

    The post Best Stock to Buy Right Now: Teck Resources vs First Quantum? appeared first on The Motley Fool Canada.

    Should you invest $1,000 in First Quantum Minerals Ltd. right now?

    Before you buy stock in First Quantum Minerals Ltd., consider this:

    The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and First Quantum Minerals Ltd. wasn’t one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years.

    Consider MercadoLibre, which we first recommended on January 8, 2014 … if you invested $1,000 in the “eBay of Latin America” at the time of our recommendation, you’d have $18,750.10!*

    Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 35 percentage points since 2013*.

    See the Top Stocks * Returns as of 1/22/25

    More reading

    Fool contributor Amy Legate-Wolfe has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

    2025

    We recently compiled a list of the 10 Best Australian Stocks to Buy Now. In this article, we are going to take a look at where BHP Group Limited (NYSE:BHP) stands against other best Australian stocks to buy now.

    According to a report by Vanguard published on January 24, Australia’s economy is expected to experience a gradual recovery in 2025, following its slowest growth in 32 years in 2024. The report forecasts an economic growth of 2% year over year by the end of 2025, with trimmed mean inflation, a core measure that excludes items at the extremes, expected to reach 2.5% year over year. However, the report notes that low productivity growth and higher unit labor costs will keep core inflation from falling sustainably to the midpoint of the Reserve Bank of Australia’s (RBA) 2%–3% target range until later in 2025.

    The RBA has left its policy rate target unchanged at 4.35% since December 10, but has softened its language around future policy decisions, noting that it is “gaining some confidence that inflation is moving sustainably toward the target.” Despite this, Vanguard expects the RBA to remain patient and not initiate rate cuts until the second quarter of 2025, due to a tight labor market.

    READ ALSO: 12 Most Promising Green Stocks According to Hedge Funds and 10 Worst Performing Energy Stocks in 2024.

    In an interview on January 19, Lochlan Halloway, Market Strategist at Morningstar Australia, pointed out that the premium to fair value of large-cap stocks in the Australian market is abnormally high, trading at around 20% above fair value. According to Halloway, this is a concern as 20 companies account for about 60% of the ASX 100.

    In terms of value opportunities, Halloway identified the energy sector, particularly companies that are trading at significant discounts to their fair value. He also noted that small-cap companies, which were largely left behind in the market rally may offer value, although investors need to be judicious in selecting quality companies. Additionally, sectors such as consumer defensives appear close to fair value or even cheap.

    As the Australian economy gradually recovers in 2025, opportunities lie in undervalued sectors such as energy and consumer defensives, as well as among small-cap companies that have yet to catch up with the broader market rally.

    Is BHP Group Limited (BHP) the Best Australian Stock to Buy Now?

    An aerial view of a mining operation in action, with large trucks and yellow diggers.

    Our Methodology

    To compile our list of the 10 best Australian stocks to buy now, we used Finviz and Yahoo stock screeners to identify Australian companies. We then used Insider Monkey’s Hedge Fund database to rank 10 stocks according to the largest number of hedge fund holders, as of Q3 2024. The list is sorted in ascending order of hedge fund sentiment.

    Why do we care about what hedge funds do? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

    BHP Group Limited (NYSE:BHP)

    Number of Hedge Fund Holdings: 22

    BHP Group Limited (NYSE:BHP) is a global resources company that extracts and processes commodities such as iron ore, copper, and coal. The company has a strong portfolio of assets and supplies raw materials essential for global infrastructure and energy needs to industrial manufacturers and governments.

    BHP Group Limited (NYSE:BHP) is actively pursuing growth opportunities in the copper market, which is expected to experience significant demand growth over the coming decades. In South Australia, BHP Group Limited (NYSE:BHP) is expanding its Olympic Dam operation, with plans to increase production to over 500,000 tons per year by the early 2030s. The company is also progressing a number of other copper projects in Chile, including the Escondida mine, where it is planning to invest in new leaching technology to increase production and extend the life of the mine. Additionally, BHP Group Limited (NYSE:BHP) has recently announced a joint venture with Lundin Mining to develop the Filo del Sol and Josemaria copper projects in Argentina and Chile, which have the potential to become major new copper producers.

    Another key area of growth for BHP Group Limited (NYSE:BHP) is its potash business, where the company is investing in the Jansen project in Canada. The Jansen project is a world-class potash asset that is expected to become one of the largest potash producers in the world. BHP Group Limited (NYSE:BHP) is currently constructing the first stage of the project, which is expected to produce around 4.3 million tons of potash per year. The company is also planning to expand the project in future stages, with the potential to increase production to over 16 million tons per year.

    Overall BHP ranks 2nd on our list of the best Australian stocks to buy now. While we acknowledge the potential of BHP as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than BHP but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

    READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap

    Disclosure: None. This article is originally published at Insider Monkey.

    VANCOUVER, BC, Jan. 27, 2025 /CNW/ – (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") is pre-announcing certain items impacting the Company's quarterly earnings, earnings per share, adjusted earnings before interest, taxes, depreciation and amortization ("adjusted EBITDA")1, adjusted earnings1 and adjusted earnings per share1.

    Revenue and Provisional Pricing Adjustments

    Revenue in the fourth quarter 2024 is expected to be negatively impacted by unaudited provisional pricing adjustments on prior period concentrate sales of approximately $46 million on a pre-tax basis. These adjustments primarily include downward adjustments in relation to copper sales, partially offset by upward adjustments on nickel sales.

    Revenue in the fourth quarter 2024 is also expected to be negatively impacted by a timing difference between the production and shipment date of approximately 20,000 tonnes of copper concentrate. Two shipments of copper concentrate from Caserones scheduled for December 2024 were delayed to early January due to certain operational and weather related issues. Payments of approximately $45 million relating to these shipments were received in December, however the revenue will only be recognized in the first quarter of 2025.

    Foreign Exchange and Derivatives

    Items of significant impact in the fourth quarter 2024 are expected to include unaudited realized foreign exchange gains of $15 million on a pre-tax basis. Gains were primarily due to significant weakening of the Brazilian real ("BRL") and Chilean peso ("CLP") against the US dollar during the quarter.

    In the fourth quarter 2024 the Company is also expected to recognize certain non-cash items that will impact the Company's earnings but not adjusted EBITDA, adjusted earnings or adjusted earnings per share. These include unaudited unrealized foreign exchange gains of approximately $11 million on a pre-tax basis and an unaudited unrealized loss of approximately $74 million on a pre-tax basis related to the mark-to-market valuation of the Company's foreign exchange and commodity derivative contracts, primarily due to weakening of the CLP,  BRL, and Canadian dollar against the US dollar during the quarter. Additionally, the Company is expected to recognize an unaudited unrealized loss of approximately $12 million on a pre-tax basis related to the mark-to-market valuation of the Company's foreign exchange contracts due to weakening of the Swedish krona and Euro against the US dollar during the quarter.

    Other Items

    During the fourth quarter, throughput at Eagle increased as ramp rehabilitation progressed. An unaudited amount of approximately $11 million, related to overhead costs from the partial suspension of underground operations, is expected to impact the Company's earnings for the quarter. This amount will be excluded from adjusted EBITDA, adjusted earnings, and adjusted earnings per share. Normal throughput rates are expected to resume during the first quarter of 2025.

    Production costs in the fourth quarter 2024 are expected to include an unaudited write down of inventory items amounting to $22 million.

    _____________________________

    1 These measures are non-GAAP measures. These performance measures have no standardized meaning within generally accepted accounting principles under International Financial Reporting Standards and, therefore, amounts presented may not be comparable to similar data presented by other mining companies. For additional details please refer to the Company's discussion of non-GAAP and other performance measures in its Management's Discussion and Analysis for the three and nine months ended September 30, 2024 which is available on SEDAR+ at www.sedarplus.com.

    Fourth Quarter 2024 Results Conference Call and Webcast Details

    The Company will release its fourth quarter 2024 operations and financial results after market close on Wednesday, February 19, 2025, and will hold a webcast and conference call on Thursday, February 20, 2025 to present the results. Webcast and conference call details are provided below.

    Webcast / Conference Call Details:

    Date: Thursday, February 20, 2025

    Time: 7:00 AM PT | 10:00 AM ET

    Listen Only Webcast: WEBCAST LINK

    Dial In for Investor & Analyst Q&A: DIAL IN LINK

    To participate in the call click on the dial in LINK above and complete the online registration form. Once registered you will receive the dial-in information and a unique PIN to join the call and ask questions.

    A replay of the webcast will be available by clicking on the webcast LINK above and will be archived on the Company's website for a limited period of time.

    About Lundin Mining

    Lundin Mining is a diversified Canadian base metals mining company with operations or projects in Argentina, Brazil, Chile, and the United States of America, primarily producing copper, gold and nickel. In December 2024 the Company announced the sale of its European assets to Boliden. The transaction is expected to close in mid-2025 subject to customary conditions and regulatory approvals.

    The information was submitted for publication, through the agency of the contact persons set out below on January 27, 2025 at 15:00 Pacific Time.

    Cautionary Statement on Forward-Looking Information

    Certain of the statements made and information contained herein are "forward-looking information" within the meaning of applicable Canadian securities laws. All statements other than statements of historical facts included in this document constitute forward-looking information, including but not limited to statements regarding the Company's plans, prospects and business strategies; expected items of significant impact in the fourth quarter and annual results, and the anticipated impact on the Company's revenue, earnings, adjusted EBITDA, adjusted earnings and adjusted earnings per share; the completion of the sale of the Company's European assets and the timing thereof; the conditions to close the sale of the Company's European assets; the Company's guidance on the timing and amount of future production and its expectations regarding the results of operations; expected costs; permitting requirements and timelines; the results and timing of any Preliminary Economic Assessment, Pre-Feasibility Study, Feasibility Study, or Mineral Resource and Mineral Reserve estimations, life of mine estimates, and mine and mine closure plans; anticipated market prices of metals, currency exchange rates, and interest rates; the Company's integration of acquisitions and expansions and any anticipated benefits thereof; and expectations for other economic, business, and/or competitive factors. Words such as "believe", "expect", "anticipate", "contemplate", "target", "plan", "goal", "aim", "intend", "continue", "budget", "estimate", "may", "will", "can", "could", "should", "schedule" and similar expressions identify forward-looking information.

    Forward-looking information is necessarily based upon various estimates and assumptions including, without limitation, the expectations and beliefs of management, including that the Company can access financing, appropriate equipment and sufficient labour; assumed and future price of copper, zinc, nickel, gold and other metals; anticipated costs; that the conditions to close the sale of the Company's European assets will be satisfied; the ability to achieve goals and identify and realize opportunities; the prompt and effective integration of acquisitions; that the political environment in which the Company operates will continue to support the development and operation of mining projects; and assumptions related to the factors set forth below. While these factors and assumptions are considered reasonable by Lundin Mining as at the date of this document in light of management's experience and perception of current conditions and expected developments, these statements are inherently subject to significant business, economic and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking information and undue reliance should not be placed on such information. Such factors include, but are not limited to: the failure to obtain required approvals for the sale of the Company's European assets; global financial conditions, market volatility and inflation, including pricing and availability of key supplies and services; risks inherent in mining including but not limited to risks to the environment, industrial accidents, catastrophic equipment failures, unusual or unexpected geological formations or unstable ground conditions, and natural phenomena such as earthquakes, flooding or unusually severe weather; uninsurable risks; project financing risks, liquidity risks and limited financial resources; volatility and fluctuations in metal and commodity demand and prices; delays or the inability to obtain, retain or comply with permits; significant reliance on assets in Chile; reputation risks related to negative publicity with respect to the Company or the mining industry in general; health and safety risks; risks relating to the development of the Filo del Sol project and the Josemaria project; inability to attract and retain highly skilled employees; risks associated with climate change; compliance with environmental, health and safety laws and regulations; unavailable or inaccessible infrastructure, infrastructure failures, and risks related to ageing infrastructure; risks inherent in and/or associated with operating in foreign countries and emerging markets, including with respect to foreign exchange and capital controls; economic, political and social instability and mining regime changes in the Company's operating jurisdictions, including but not limited to those related to permitting and approvals, nationalization or expropriation without fair compensation, environmental and tailings management, labour, trade relations, and transportation; risks relating to indebtedness; the inability to effectively compete in the industry; risks associated with acquisitions and related integration efforts, including the ability to achieve anticipated benefits, unanticipated difficulties or expenditures relating to integration and diversion of management time on integration; changing taxation regimes; risks related to mine closure activities, reclamation obligations, environmental liabilities and closed and historical sites; reliance on key personnel and reporting and oversight systems, as well as third parties and consultants in foreign jurisdictions; information technology and cybersecurity risks; risks associated with the estimation of Mineral Resources and Mineral Reserves and the geology, grade and continuity of mineral deposits including but not limited to models relating thereto; actual ore mined and/or metal recoveries varying from Mineral Resource and Mineral Reserve estimates, estimates of grade, tonnage, dilution, mine plans and metallurgical and other characteristics; ore processing efficiency; community and stakeholder opposition; financial projections, including estimates of future expenditures and cash costs, and estimates of future production may not be reliable; enforcing legal rights in foreign jurisdictions; environmental and regulatory risks associated with the structural stability of waste rock dumps or tailings storage facilities; activist shareholders and proxy solicitation matters; risks relating to dilution; regulatory investigations, enforcement, sanctions and/or related or other litigation; risks relating to payment of dividends; counterparty and customer concentration risks; the estimation of asset carrying values; risks associated with the use of derivatives; risks relating to joint ventures, joint arrangements and operations; relationships with employees and contractors, and the potential for and effects of labour disputes or other unanticipated difficulties with or shortages of labour or interruptions in production; conflicts of interest; existence of a significant shareholder; exchange rate fluctuations; challenges or defects in title; internal controls; compliance with foreign laws; potential for the allegation of fraud and corruption involving the Company, its customers, suppliers or employees, or the allegation of improper or discriminatory employment practices, or human rights violations; the threat associated with outbreaks of viruses and infectious diseases; risks relating to minor elements contained in concentrate products; and other risks and uncertainties, including but not limited to those described in the "Risk and Uncertainties" section of the Company's MD&A for the year three and nine months ended September 30, 2024 and the "Risk and Uncertainties" section of the Company's Annual Information Form for the year ended December 31, 2023, which are available on SEDAR+ at www.sedarplus.com under the Company's profile.

    All of the forward-looking information in this document are qualified by these cautionary statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, forecasted or intended and readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. Accordingly, there can be no assurance that forward-looking information will prove to be accurate and forward-looking information is not a guarantee of future performance. Readers are advised not to place undue reliance on forward-looking information. The forward-looking information contained herein speaks only as of the date of this document. The Company disclaims any intention or obligation to update or revise forward‐looking information or to explain any material difference between such and subsequent actual events, except as required by applicable law.

    Lundin Mining Pre-Announces Items Impacting the Fourth Quarter and Full Year 2024 Results (CNW Group/Lundin Mining Corporation)

    SOURCE Lundin Mining Corporation

    Cision

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    Forget the gold rush….

    The real opportunity lies in the metals that will power the 21st century.

    As the world electrifies, demand for critical minerals like nickel, copper, PGMs, and gold is skyrocketing.

    While many are focused on single-commodity projects, one Canadian miner is developing a polymetallic asset that could deliver a diversified supply of these essential resources.

    Power Nickel: A Polymetallic Powerhouse

    The world is demanding critical minerals, and it needs them now. But traditional mining is struggling to keep pace.

    Declining ore grades, aging mines, and the environmental toll of extraction are all contributing to a supply crunch that threatens to derail the electric revolution.

    This is where Power Nickel (TSX-V: PNPN, OTC: PNPNF) comes in. They're a solution provider, a critical player in securing the metals needed to power a sustainable future. And their flagship Nisk project in Quebec, Canada, is their answer to this global crisis.

    Power Nickel isn't chasing low-grade deposits. They're focused on high-grade mineralization that can deliver maximum impact. The Nisk project, with its impressive grades of nickel, copper, and PGMs, is a prime example of its commitment to quality over quantity.

    As domestic production becomes increasingly critical, they are now aggressively exploring Nisk with a massive 30,000-meter drill program. Rigs are running around the clock, delineating the extent of the deposit and uncovering new zones of mineralization.

    Downhole electromagnetic surveys and advanced geochemical analysis are helping them pinpoint the richest deposits, ensuring that every drill hole counts. And the location of the project, in a mining-friendly jurisdiction with strong environmental regulations, only makes it more ideal.

    The Lion Roars: A Polymetalic Discovery That Could Reshape the Market

    Power Nickel's (TSX-V: PNPN, OTC: PNPNF) recent discovery of the Lion Zone, a high-grade nickel-copper PGM, gold, and silver deposit, has sent shockwaves through the mining world. Initial drilling results have been nothing short of spectacular, with multiple intercepts of massive sulfide mineralization.

    And the best part?

    The Lion Zone is open in all directions, hinting at a truly colossal deposit.

    Here’s a breakdown of  what they’ve done so far:

    • Drill hole 72: Intersected a massive 19.6 meters of mineralization grading 1.27 g/t gold, 20.30 g/t silver, 2.53% copper, 1.01 g/t palladium, 2.42 g/t platinum, and 0.15% nickel. That's not just nickel; it's a polymetallic treasure trove.

    • Drill hole 74: Even better, with 23.55 meters of high-grade mineralization.

    • Drill hole 75: Another solid hit, with 19.2 meters of mineralization, confirming the lateral continuity of this incredible zone.

    And this is just from the summer drill program.

    Power Nickel  is also ramping up exploration with a 30,000-meter drill program, utilizing 150-meter step-outs to aggressively expand the known boundaries of the Lion Zone.

    And deploying downhole EM surveys in every hole, giving them a 200-meter radius of insight and accelerating the delineation of this massive deposit.

    But Power Nickel isn't putting all their eggs in the Lion Zone basket.

    They're also advancing the original Nisk discovery zone, which boasts significant nickel-copper-PGM mineralization of its own. This two-pronged approach de-risks the project and sets the stage for Nisk to become a major polymetallic mine, supplying the critical metals that will fuel the electric revolution.

    (Source: Power Nickel investor presentation)

    And to sharpen their focus, Power Nickel (TSX-V: PNPN, OTC: PNPNF) is making a strategic move, spinning out its non-core assets in British Columbia and Chile into a separate company, Chilean Metals.

    By divesting their Golden Ivan and Chilean projects, Power Nickel can concentrate all their resources and expertise on the Nisk project. This means more drilling, more exploration, and a faster path to production for this critical asset.

    The Golden Ivan property, located in British Columbia's prolific Golden Triangle, is a gold-rich region with staggering potential. And the Chilean projects, including the Zulema and Tierra de Oro, offer exposure to copper and gold in a mining-friendly jurisdiction. By spinning these assets out into Chilean Metals, Power Nickel is giving investors a direct stake in these promising projects, allowing them to realize their full value.

    Finally, Power Nickel believes this spin-out will also help combat naked short selling, a practice that can artificially depress a company's share price. By creating two separate entities, Power Nickel is making it more difficult for short sellers to manipulate the market.

    This move is a real win-win for investors. They get to participate in the revolution through Power Nickel's focused efforts at Nisk, while also gaining exposure to the gold and copper potential of Chilean Metals.

    It's a testament to the company’s commitment to maximizing shareholder value and delivering on the promise of the electric revolution.

    Analysts See 130% Upside from Current Levels 

    The critical minerals train is leaving the station, and Power Nickel is primed to take advantage.

    With a world-class asset like Nisk, an aggressive exploration strategy, and a top-tier management team, Power Nickel is poised to become a major player in the metals market.

    Analysts are already taking notice, with Hannam & Partners projecting a target valuation of C$1.70 per share  and that's based on the current understanding of the Lion Zone and the original Nisk discovery.

    The world may be facing a critical minerals crisis, but the work is already under way to ensure new supply rises to meet demand – and nowhere is that more clear than with this little-known miner.

    Other resource and mining companies to keep an eye on:

    Vale S.A. (NYSE: VALE) is a Brazilian multinational corporation and one of the world's largest producers of iron ore and nickel. Iron ore is a key ingredient in steelmaking, while nickel is a crucial component in stainless steel and various alloys used in aerospace, defense, and other high-performance applications. Vale operates globally, with significant mining and production facilities in Brazil, Canada, and other countries.

    This company is important because they are a major player in the global mining and metals industry, providing essential raw materials for various sectors, including the defense industry. Vale's production of iron ore and nickel contributes to the global supply of these critical minerals, which are essential for the manufacturing of military equipment, infrastructure, and advanced technologies.

    Vale's commitment to sustainable mining practices and social responsibility is also noteworthy. The company has implemented various initiatives to reduce its environmental impact, promote biodiversity, and support local communities. This commitment is crucial for ensuring the responsible sourcing of critical minerals and minimizing the environmental footprint of mining operations, which is particularly important for national security.

    SQM (NYSE: SQM) is a Chilean chemical company and one of the world's largest producers of lithium, a critical component in batteries used in electric vehicles, consumer electronics, and increasingly, military applications. From powering advanced communication systems to enabling the operation of unmanned vehicles and drones, lithium-ion batteries are essential to modern military operations. SQM's production capacity and access to vast lithium reserves in the Atacama Desert make it a strategically important player in the global lithium supply chain.

    Securing a reliable and stable supply of lithium is crucial for countries like the United States that are heavily reliant on advanced technology. By sourcing lithium from SQM, nations can reduce their dependence on potentially unstable or adversarial nations for this critical material.

    Furthermore, SQM's commitment to sustainable lithium extraction practices aligns with the growing emphasis on responsible sourcing of critical minerals. As nations strive to reduce their environmental impact and promote ethical supply chains, SQM's efforts to minimize its footprint in the Atacama Desert become increasingly important. This ensures that the production of lithium for tech applications is conducted in a manner that is both environmentally responsible and socially conscious.

    United States Steel (NYSE: X) is an integrated steel producer with major operations in the United States and Central Europe. As a major supplier of steel to various industries, including the automotive, appliance, construction, and energy sectors, U.S. Steel plays a vital role in supporting the overall health of the U.S. economy. A strong domestic steel industry is essential for maintaining a robust manufacturing base, which in turn contributes to national security by ensuring the ability to produce critical equipment and infrastructure in times of need.

    U.S. Steel's production capacity and its focus on research and development are crucial for meeting the evolving demands of global industry. The company's ability to produce advanced high-strength steels and other specialized steel products is essential for the construction of modern military vehicles, ships, and infrastructure. By providing these critical materials, U.S. Steel contributes to the technological advancement and readiness of the U.S. military.

    Moreover, U.S. Steel's commitment to investing in its workforce and communities is important for maintaining a skilled labor pool and supporting the domestic manufacturing base. By providing good-paying jobs and contributing to the economic well-being of communities, U.S. Steel helps to ensure the long-term viability of the U.S. steel industry and its ability to support national security needs.

    Reliance Steel & Aluminum (NYSE: RS) is a large metals service center company that provides a wide range of metal processing and distribution services to customers in various industries, including aerospace, defense, and infrastructure. The company's ability to source and process a diverse range of metals makes it a valuable partner to the defense industry, which relies on specialized metals for the production of advanced tech systems and equipment.

    Reliance Steel & Aluminum's extensive network of service centers across North America provides a reliable and efficient supply chain for defense contractors. The company's ability to deliver the right materials at the right time is essential for maintaining the production schedules of critical defense programs. This ensures that the U.S. military has access to the equipment and weapons systems it needs to fulfill its missions and protect national security.

    Furthermore, Reliance Steel & Aluminum's focus on value-added processing services, such as cutting, forming, and machining, helps defense contractors reduce their manufacturing costs and improve efficiency. This contributes to the affordability and competitiveness of U.S. defense systems in the global market. By providing these essential services, Reliance Steel & Aluminum plays a vital role in supporting the strength and readiness of the U.S. military.

    BHP Group's (NYSE: BHP) expansive operations encompass a diverse range of mining assets. In Australia, the company operates major iron ore mines in the Pilbara region of Western Australia, which account for a significant portion of global iron ore production. BHP also has copper, coal, and nickel operations in Australia, as well as substantial energy assets, including oil and gas fields. In North and South America, the company has copper and iron ore mines in Chile, Peru, and Colombia, as well as coal operations in the United States. BHP's global reach and diversified portfolio of commodities allow it to meet the demands of customers around the world and contribute to the global supply of essential resources.

    BHP Group is committed to operating in a responsible and sustainable manner. The company recognizes the importance of environmental protection and has implemented various initiatives to reduce its environmental impact. BHP has set ambitious targets to reduce its greenhouse gas emissions and has invested in technologies to improve water usage efficiency. The company also works closely with local communities to minimize the social and environmental impacts of its operations. BHP's commitment to sustainability has been recognized by various organizations, including the Dow Jones Sustainability Index, which has ranked BHP as a global leader in sustainability for several consecutive years.

    BHP Group's focus on sustainability is not only beneficial for the environment but also aligns with growing consumer and investor demand for ethically sourced and environmentally friendly products. By prioritizing sustainability, BHP is positioning itself as a leader in the mining industry and demonstrating its commitment to long-term value creation for its stakeholders. The company's commitment to sustainability is a key differentiator and a source of competitive advantage in an industry that is increasingly focused on environmental and social responsibility.

    First Quantum Minerals Ltd (TSX:FM) is a Canadian-based mining and metals company with a focus on copper, nickel, gold, and zinc production. The company operates mines and projects in various countries, including Zambia, the Democratic Republic of Congo, Mauritania, Finland, Spain, Turkey, Argentina, and Peru.

    First Quantum Minerals is a significant player in the global mining industry, with a track record of successful exploration, development, and operation of mining projects. The company's operations contribute to the economic development of the countries in which it operates, creating jobs and generating tax revenue. First Quantum Minerals also maintains a strong commitment to environmental stewardship and sustainable practices, implementing various initiatives to minimize the environmental impact of its operations.

    The company's focus on copper, nickel, gold, and zinc production is driven by the increasing global demand for these metals. Copper is a vital component in electrical and electronic products, while nickel is used in the production of stainless steel and other alloys. Gold is a precious metal with a long history of use in jewelry and as a store of value, and zinc is used in a wide range of applications, including galvanizing steel, producing batteries, and manufacturing rubber. First Quantum Minerals' production of these metals plays a crucial role in meeting the global demand for these essential materials.

    Teck Resources Limited (TSX:TECK) is a diversified mining company headquartered in Vancouver, Canada. It is one of the world's largest producers of zinc and copper and also produces other commodities such as coal, lead, and silver. Teck operates mines and processing facilities in Canada, the United States, Chile, and Peru.

    Teck's zinc operations are located in Canada, the United States, and Peru. The company is the world's second-largest producer of zinc, with a production capacity of over 800,000 tonnes per year. Teck's zinc is used in a variety of applications, including galvanized steel, batteries, and chemicals.

    Teck's operations are also significant for their contribution to the global supply of battery metals. Zinc is a key component of many types of batteries, including lead-acid batteries and nickel-zinc batteries. Teck's zinc production is therefore essential for the growing demand for batteries in electric vehicles and other applications.

    Neo Performance Materials (TSX: NEO)

    Neo Performance Materials is a leading global company engaged in the production and processing of advanced industrial materials, with a focus on rare earth and rare metal-based functional materials. They operate in three main segments: Magnequench, Chemicals & Oxides, and Rare Metals. Magnequench produces magnetic powders used in high-performance magnets for applications such as electric vehicles and wind turbines. Chemicals & Oxides manufactures and distributes advanced industrial materials for various uses, including catalysts, electronics, and water treatment. Rare Metals focuses on the production of specialty metals like tantalum, niobium, and gallium, which are critical for aerospace, defense, and electronics applications.

    Neo Performance Materials plays a vital role in supporting national security by providing essential materials for defense and high-tech industries. Their expertise in rare earth and rare metal processing contributes to the development and production of advanced technologies used in other applications, such as guidance systems, lasers, and communication equipment. By ensuring a reliable supply of these critical materials, Neo Performance Materials helps to reduce reliance on foreign sources.

    Champion Iron (TSX: CIA)

    Champion Iron is a leading iron ore producer focused on developing its significant iron ore resources in the Labrador Trough in Quebec, Canada. Their flagship asset is the Bloom Lake Mining Complex, a high-grade iron ore mine with a long operating life. Champion Iron is committed to producing high-quality iron ore products, primarily for the global steel industry, while maintaining a strong focus on environmental sustainability and social responsibility.

    Champion Iron contributes to national security by supporting the domestic production of iron ore, a critical ingredient in steelmaking. Steel is a foundational material for various industries, including infrastructure, manufacturing, and more. By producing high-quality iron ore in Canada, Champion Iron contributes to the security and stability of the North American steel supply chain, reducing reliance on foreign sources and supporting the domestic manufacturing base, which is crucial for national security and economic competitiveness.

    Aclara Resources (TSX: ARA) is a development-stage rare earth mineral resource company focused on its Penco Module project in Chile. This project has the potential to be a significant source of heavy rare earth elements, which are critical for various high-tech applications, including permanent magnets used in electric vehicles, wind turbines, and other technologies. Aclara is committed to developing the Penco Module project in a sustainable and environmentally responsible manner, using a unique ionic clay adsorption process that minimizes environmental impact.

    Aclara Resources contributes to national security by diversifying the global supply of heavy rare earth elements. These elements are essential for the production of advanced technologies used in defense applications, such as guidance systems, lasers, and communication equipment. By developing a new source of these critical minerals outside of China, which currently dominates the rare earth market, Aclara Resources helps to reduce reliance on a single supplier.

    By. Michael Kern

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    PHILADELPHIA, Jan. 23, 2025 /PRNewswire/ —

    FMC Corporation (NYSE: FMC) announced today that its 2025 annual meeting of stockholders will be held via live webcast on Tuesday, April 29, 2025, at 2:00 p.m. ET. Instructions for accessing the webcast will be available on the company's Investor Relations website, located at https://investors.fmc.com.

    About FMC

    FMC Corporation is a global agricultural sciences company dedicated to helping growers produce food, feed, fiber and fuel for an expanding world population while adapting to a changing environment. FMC's innovative crop protection solutions – including biologicals, crop nutrition, digital and precision agriculture – enable growers and crop advisers to address their toughest challenges economically while protecting the environment. FMC is committed to discovering new herbicide, insecticide and fungicide active ingredients, product formulations and pioneering technologies that are consistently better for the planet. Visit fmc.com to learn more and follow us on LinkedIn®.

    Statement under the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995:  FMC and its representatives may from time to time make written or oral statements that are "forward-looking" and provide other than historical information, including statements contained in this press release, in FMC's other filings with the SEC, and in reports or letters to FMC stockholders.

    In some cases, FMC has identified these forward-looking statements by such words or phrases as "will likely result," "is confident that," "expect," "expects," "should," "could," "may," "will continue to," "believe," "believes," "anticipates," "predicts," "forecasts," "estimates," "projects," "potential," "intends" or similar expressions identifying "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including the negative of those words or phrases. Such forward-looking statements are based on management's current views and assumptions regarding future events, future business conditions and the outlook for the company based on currently available information. The forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any results, levels of activity, performance or achievements expressed or implied by any forward-looking statement. These statements are qualified by reference to the risk factors included in Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2023 (the "2023 Form 10-K"), the section captioned "Forward-Looking Information" in Part II of the 2023 Form 10-K and to similar risk factors and cautionary statements in all other reports and forms filed with the Securities and Exchange Commission ("SEC"). FMC cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made.  Forward-looking statements are qualified in their entirety by the above cautionary statement.

    FMC undertakes no obligation, and specifically disclaims any duty, to update or revise any forward-looking statements to reflect events or circumstances arising after the date of such statements or to reflect the occurrence of anticipated events, except as otherwise required by law.

    This press release may contain certain "non-GAAP financial terms" which are defined on our website www.fmc.com/investors. Such terms include adjusted EBITDA, adjusted earnings, free cash flow, organic revenue growth and return on invested capital. In addition, we have also provided on our website reconciliations of non-GAAP terms to the most directly comparable GAAP term.

     

    Cision

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    SOURCE FMC Corporation

    Joins Some of World's Leading Platinum Producers

    VANCOUVER, BC, Jan. 23, 2025 /CNW/ – Bravo Mining Corp. (TSXV: BRVO) (OTCQX: BRVMF), ("Bravo" or the "Company") is pleased to announce that it has received official approval from the Board of the World Platinum Investment Council – WPIC® to join the organization as a new member.

    Bravo Mining Corp. Logo (CNW Group/Bravo Mining Corp.)

    Bravo is the first pre-production member to join WPIC, alongside leading PGM producers Anglo American Platinum, Impala Platinum (Implats), Northam Platinum, Sedibelo Platinum and Tharisa (WPIC members).

    The WPIC is a global market authority on physical platinum investment, providing investors with objective and reliable platinum market intelligence (https://platinuminvestment.com/). It is headquartered in London with offices in Shanghai and Shenzhen and was instrumental in establishing the annual Shanghai Platinum Week (SPW) for which it continues to be the co-organiser.

    "Being the first pre-production platinum group metals (PGM) company to join the prestigious WPIC is a testament to Bravo's achievements with its Luanga PGM+Au+Ni Project," said Luis Azevedo, Chairman and CEO of Bravo. "Membership provides Bravo with the opportunity to stay aligned with developments in the PGM sector, gain access to valuable market intelligence, and engage with the global PGM sector, both downstream and upstream. It also presents an opportunity for Bravo to raise awareness of the Luanga Project qualities and its strategic location. I extend my sincere gratitude to the WPIC Board and team for welcoming us as a member, and I look forward to engaging in constructive discussions that will benefit the industry and Bravo alike".

    Trevor Raymond, CEO of the World Platinum Investment Council, commented: "We are delighted to welcome Bravo to WPIC as our first pre-production member. This new category of membership will enable more platinum advocates to distribute quality platinum insights to a wider global investment community. This will in turn enhance WPIC's effectiveness in increasing awareness, understanding and ownership of platinum as an investment."

    About Bravo Mining Corp.

    Bravo is a Canadian and Brazil-based mineral exploration and development company focused on advancing its PGM+Au+Ni Luanga Project, as well as our Cu-Au exploration opportunities in the world-class Carajás Mineral Province, Para State, Brazil.

    Bravo is one of the most active explorers in Carajás. The team, comprising of local and international geologists, has a proven track record of PGM, nickel, and copper discoveries in the region. They have successfully taken a past IOCG greenfield project from discovery to development and production in the Carajás.

    The Luanga Project is situated on mature freehold farming land and benefits from being located close to operating mines and a mining-experienced workforce, with excellent access and proximity to existing infrastructure, including road, rail, ports, and hydroelectric grid power. A fully funded +70,000 infill, step out and exploration drilling and trenching program was completed in 2024. Bravo's current Environmental, Social and Governance activities includes planting more than 30,000 high-value trees in and around the project area, while hiring and contracting locally.

    Neither 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.

    About the World Platinum Investment Council – WPIC®

    The World Platinum Investment Council Ltd. is a global market authority on physical platinum investment, formed to meet the growing investor demand for objective and reliable platinum market intelligence. WPIC's mission is to stimulate global investor demand for physical platinum through both actionable insights and targeted product development. WPIC was created in 2014 by the leading platinum producers in South Africa. WPIC's members are: Anglo American Platinum, Implats, Northam Platinum, Sedibelo Platinum, Tharisa and Bravo Mining.

    For further information, please visit www.platinuminvestment.com.

    WPIC's London offices are located at: World Platinum Investment Council, Foxglove House, 166 Piccadilly, London, W1J 9EF.

    WPIC's Shanghai offices are located at: World Platinum Investment Council, Unit 1612, Shui On Plaza, No. 333 Middle Huaihai Road, Huangpu District, Shanghai, P.R.China.

    About Shanghai Platinum Week

    Shanghai Platinum Week (SPW) is a premier annual event dedicated to the platinum group metals (PGMs) industry. Co-organised by the World Platinum Investment Council (WPIC), China Gold Association Platinum Committee, and the Precious Metals Industrial Committee of the China Material Recycling Association, SPW serves as a vital platform for industry leaders, experts, and stakeholders to discuss trends, innovations, and future directions. The event features a series of keynote speeches, seminars, exhibitions, and corporate events, with the China PGMs Market Summit being the central highlight. Since its inception, SPW has grown to become a significant gathering for fostering international engagement and communication within the PGM market.

    SPW 2024 welcomed more than 500 attendees from over 300 organisations, with online viewership reaching 455K on the first day and 317K on the second day, far exceeding any previous year.

    SOURCE Bravo Mining Corp.

    Cision

    View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January2025/23/c2187.html

    (Updates shares.) Wallbridge Mining (WM.TO) on Wednesday provided details of its 2025 exploration

    Wallbridge Mining (WM.TO) provided Wednesday details of its 2025 exploration programs for the Fenelo

    Wallbridge Mining Company Limited

    TORONTO, Jan. 22, 2025 (GLOBE NEWSWIRE) — Wallbridge Mining Company Limited (TSX: WM, OTCQX: WLBMF) (“Wallbridge” or the “Company”) today announced its fully-funded 2025 technical studies and exploration programs at its flagship Fenelon Gold (“Fenelon”) and Martiniere Gold (“Martiniere”) projects, as well as regional gold targets located within the Wallbridge land package in northwestern Quebec.

    Key elements of the 2025 program include the expected completion of an updated Preliminary Economic Assessment (“PEA”) for the Fenelon project, continued exploration step-out drilling along known and potential extensions to the Bug Lake gold deposit at its Martiniere project, and generative exploration to test prospective greenfields targets within its 830 km2 property position along the Detour-Fenelon gold trend.

    Updated Fenelon PEA

    In Q1 2025 the Company plans to continue the advancement of its Fenelon project with the completion of an updated PEA which will build upon the results of the previously completed PEA (completed in June 2023). Wallbridge is currently evaluating a phased development approach involving a lower initial production rate to reduce up front capital and operating costs and then eventually transitioning to a larger scale operation.

    The Company’s technical team and Consultants are completing a range of trade-off studies that are focused on optimizing the underground mining, processing, and surface infrastructure plans based on updated capital and operating costs, and an updated mineral resource estimate for the Fenelon deposit. The results of these studies are being incorporated into the updated PEA which will be presented in an NI 43-101 Technical Report scheduled for completion before the end of the first quarter of 2025. Wallbridge’s 2025 exploration program and the technical studies currently underway are fully funded. The Company’s cash balance as at December 31, 2024 was $21.2 million.

    “We believe that 2025 will be an important and transformational year for Wallbridge. By leveraging off of the results of the 2023 PEA for Fenelon and our 2024 exploration program at Martiniere, our technical studies and exploration teams continue to identify opportunities to unlock significant value at Fenelon, Martiniere and our broader portfolio of greenfields exploration targets. In 2025, approximately 65% to 80% of our planned drilling program will be directed at exploring the Martiniere gold system, with the remaining 20% to 35% to be allocated toward new discovery opportunities within the Company’s broader regional land position,” commented Brian W. Penny, Wallbridge’s Chief Executive Officer. “We look forward to increased engagement with the market, and our stakeholders and shareholders while ensuring our strategy and milestones are effectively communicated in a timely, and transparent manner,” concluded Mr. Penny.

    2025 Exploration Program

    Martiniere Exploration & Resource Growth

    Results returned from the 2024 drilling program at Martiniere included multiple high grade gold intercepts from three satellite exploration targets along the Bug Lake structural deformation corridor within 100 to 500 metres on the currently defined mineral resource (see Wallbridge news releases dated July 31, 2024 and November 6, 2024).

    During 2025 the Company plans to follow up on these positive results by completing an additional 10,000 to 15,000 m of drilling to further explore the Martiniere gold system and potentially expand the mineral resource. A first phase of drilling is planned to be completed from early March until May when exploration activities will pause for two months in observance of the annual Caribou calving season. Based on the results of the first drilling phase, a second phase is planned to commence during the latter half of July.

    Fenelon, Martiniere & Regional Greenfields Exploration

    Regionally, approximately 3,000 to 5,000 metres of drilling and related field mapping is planned with the objective of discovering new zones of prospective gold mineralization from the Company’s growing pipeline of exploration targets along the Detour-Fenelon gold trend.

    Wallbridge Detour-Fenelon Gold Trend Land Package

    Figure 1. Wallbridge Detour-Fenelon Gold Trend Land Package (Highlighting the currently planned 2025 exploration target areas)

    Qualified Persons

    The Qualified Persons responsible for the technical content of this news release are Mark A. Petersen, M.Sc., P.Geo. (OGQ AS-10796; PGO 3069), Senior Exploration Consultant for Wallbridge and Francois Chabot, M. Sc., Eng. (OIQ 43977), Manager of Technical Studies for Wallbridge.

    About Wallbridge Mining

    Wallbridge is focused on creating value through the exploration and sustainable development of gold projects along the Detour-Fenelon gold trend in Québec’s Northern Abitibi region while respecting the environment and communities where it operates.

    Wallbridge’s most advanced projects, Fenelon Gold (“Fenelon”) and Martiniere Gold (“Martiniere”) incorporate a combined 3.05 million ounces of indicated gold resources and 2.35 million ounces of inferred gold resources. Fenelon and Martiniere are located within an 830 km2 exploration land package in the Northern Abitibi region of Quebec.

    Wallbridge has reported a positive Preliminary Economic Assessment (“PEA”) at Fenelon that estimates average annual gold production of 212,000 ounces over 12 years.

    For further information please visit the Company’s website at https://wallbridgemining.com/ or contact:

    Wallbridge Mining Company Limited

    Brian Penny, CPA, CMACEOTel: (416) 716-8346Email: bpenny@wallbridgemining.comM: +1 416 716 8346

    Tania Barreto, CPIRDirector, Investor RelationsEmail: tbarreto@wallbridgemining.comM: +1 289 819 3012

    Cautionary Note Regarding Forward-Looking Information

    The information in this document may contain forward-looking statements or information (collectively, “FLI”) within the meaning of applicable Canadian securities legislation. FLI is based on expectations, estimates, projections and interpretations as at the date of this document.

    All statements, other than statements of historical fact, included herein are FLI that involve various risks, assumptions, estimates and uncertainties. Generally, FLI can be identified by the use of statements that include, but are not limited to, words such as “seeks”, “believes”, “anticipates”, “plans”, “continues”, “budget”, “scheduled”, “estimates”, “expects”, “forecasts”, “intends”, “projects”, “predicts”, “proposes”, "potential", “targets” and variations of such words and phrases, or by statements that certain actions, events or results “may”, “will”, “could”, “would”, “should” or “might”, “be taken”, “occur” or “be achieved.”

    FLI in this document may include, but is not limited to: statements regarding the results of the PEA or updated PEA; the potential future performance of the Common Shares; future drill results; the Company’s ability to convert inferred resources into measured and indicated resources; environmental matters; stakeholder engagement and relationships; parameters and methods used to estimate the mineral resource estimates (“MRE’s”) at Fenelon and Martiniere (collectively the “Deposits”); the prospects, if any, of the Deposits; future exploration and drilling at the Deposits and elsewhere; and the significance of historic exploration activities and results.

    FLI is designed to help you understand management’s current views of its near- and longer-term prospects, and it may not be appropriate for other purposes. FLI by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such FLI. Although the FLI contained in this document is based upon what management believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders and prospective purchasers of securities of the Company that actual results will be consistent with such FLI, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such FLI. Except as required by law, the Company does not undertake, and assumes no obligation, to update or revise any such FLI contained in this document to reflect new events or circumstances. Unless otherwise noted, this document has been prepared based on information available as of the date of this document. Accordingly, you should not place undue reliance on the FLI, or information contained herein.

    Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in FLI.

    Assumptions upon which FLI is based, without limitation, include: the results of exploration activities, the Company’s financial position and general economic conditions; the ability of exploration activities to accurately predict mineralization; the accuracy of geological modelling; the ability of the Company to complete further exploration activities; the legitimacy of title and property interests in the Deposits; the accuracy of key assumptions, parameters or methods used to estimate the MREs and in the PEA; the ability of the Company to obtain required approvals; geological, mining and exploration technical problems; failure of equipment or processes to operate as anticipated; the evolution of the global economic climate; metal prices; foreign exchange rates; environmental expectations; community and non-governmental actions; and, the Company’s ability to secure required funding. Risks and uncertainties about Wallbridge's business are discussed in the disclosure materials filed with the securities regulatory authorities in Canada, which are available at www.sedarplus.ca.

    Cautionary Notes to United States Investors

    Wallbridge prepares its disclosure in accordance with NI 43-101 which differs from the requirements of the U.S. Securities and Exchange Commission (the "SEC"). Terms relating to mineral properties, mineralization and estimates of mineral reserves and mineral resources and economic studies used herein are defined in accordance with NI 43-101 under the guidelines set out in CIM Definition Standards on Mineral Resources and Mineral Reserves, adopted by the Canadian Institute of Mining, Metallurgy and Petroleum Council on May 19, 2014, as amended. NI 43-101 differs significantly from the disclosure requirements of the SEC generally applicable to US companies. As such, the information presented herein concerning mineral properties, mineralization and estimates of mineral reserves and mineral resources may not be comparable to similar information made public by U.S. companies subject to the reporting and disclosure requirements under the U.S. federal securities laws and the rules and regulations thereunder.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ae981d65-cb83-42cf-9c8e-2b1ef6e50461

    As the Canadian market navigates a landscape of fluctuating bond yields and evolving interest rate expectations, investors are keenly observing how these factors might influence stock valuations. Penny stocks, though often considered a niche investment category, continue to offer intriguing opportunities for growth, particularly within smaller or newer companies. By focusing on those with strong financial health and potential for long-term growth, investors can uncover promising prospects in this often overlooked segment of the market.

    Top 10 Penny Stocks In Canada

    Name

    Share Price

    Market Cap

    Financial Health Rating

    Silvercorp Metals (TSX:SVM)

    CA$4.53

    CA$976.85M

    ★★★★★★

    Mandalay Resources (TSX:MND)

    CA$4.14

    CA$401.93M

    ★★★★★★

    Pulse Seismic (TSX:PSD)

    CA$2.43

    CA$122.01M

    ★★★★★★

    Findev (TSXV:FDI)

    CA$0.50

    CA$14.32M

    ★★★★★★

    PetroTal (TSX:TAL)

    CA$0.73

    CA$651.02M

    ★★★★★★

    Foraco International (TSX:FAR)

    CA$2.33

    CA$222.46M

    ★★★★★☆

    NamSys (TSXV:CTZ)

    CA$1.11

    CA$32.24M

    ★★★★★★

    East West Petroleum (TSXV:EW)

    CA$0.035

    CA$3.62M

    ★★★★★★

    Hemisphere Energy (TSXV:HME)

    CA$1.85

    CA$179.61M

    ★★★★★☆

    Tornado Infrastructure Equipment (TSXV:TGH)

    CA$1.00

    CA$137.56M

    ★★★★★☆

    Click here to see the full list of 936 stocks from our TSX Penny Stocks screener.

    Let’s review some notable picks from our screened stocks.

    GoGold Resources

    Simply Wall St Financial Health Rating: ★★★★★★

    Overview: GoGold Resources Inc. focuses on the exploration, development, and production of silver, gold, and copper primarily in Mexico with a market cap of CA$467.93 million.

    Operations: The company generates revenue from its Metals & Mining segment, specifically in Gold & Other Precious Metals, amounting to $36.50 million.

    Market Cap: CA$467.93M

    GoGold Resources has shown a significant turnaround, becoming profitable with net income of US$1.58 million for the year ended September 2024, up from a loss the previous year. The company reported sales of US$36.5 million and maintains a strong balance sheet with short-term assets exceeding both short- and long-term liabilities. A recent feasibility study for its Los Ricos South Project suggests potential operational advancements, enhancing its mining capabilities in Mexico. Despite low return on equity at 0.6% and earnings impacted by one-off gains, GoGold remains debt-free with experienced management steering growth prospects forward.

    TSX:GGD Debt to Equity History and Analysis as at Jan 2025McCoy Global

    Simply Wall St Financial Health Rating: ★★★★★★

    Overview: McCoy Global Inc. provides equipment and technologies for tubular running operations to enhance wellbore integrity and data collection in the energy industry, with a market cap of CA$73.39 million.

    Operations: The Energy Products & Services segment generated CA$71.99 million in revenue.

    Market Cap: CA$73.39M

    McCoy Global Inc. operates without debt, enhancing its financial stability in the penny stock space. Despite a decline in quarterly sales to CA$15.84 million and net income to CA$0.516 million, the company remains profitable with high-quality earnings and a stable balance sheet, as short-term assets cover both short- and long-term liabilities. The management team’s experience supports operational consistency, although recent profit margins have decreased from 16.3% to 10.1%. McCoy trades below estimated fair value and has forecasted revenue growth of 9.03% annually, but its dividend sustainability remains questionable given limited free cash flow coverage.

    TSX:MCB Debt to Equity History and Analysis as at Jan 2025Tree Island Steel

    Simply Wall St Financial Health Rating: ★★★★★★

    Overview: Tree Island Steel Ltd. manufactures and sells steel wire and fabricated steel wire products in Canada, the United States, and internationally, with a market cap of CA$77.79 million.

    Operations: The company’s revenue is primarily derived from its Steel Wire Products Industry segment, which generated CA$208.93 million.

    Market Cap: CA$77.79M

    Tree Island Steel Ltd. operates in the steel wire products industry with a market cap of CA$77.79 million, facing challenges due to its current unprofitability and negative return on equity of -2.07%. Despite this, the company maintains financial stability with no debt and short-term assets exceeding both short- and long-term liabilities. Recent strategic moves include a share repurchase program and consistent dividend payouts, although dividends are not well-covered by earnings or free cash flow. The board’s average tenure of 15.6 years suggests seasoned oversight amidst ongoing efforts to reduce losses over time by 10.3% annually over the past five years.

    TSX:TSL Financial Position Analysis as at Jan 2025Summing It All Up

    • Navigate through the entire inventory of 936 TSX Penny Stocks here.

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    Want To Explore Some Alternatives?

    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:MCB and TSX:TSL.

    Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

    BHP Group BHP announced that its iron ore production rose 1% year over year to 66.2 Mt in the second quarter of fiscal 2025 (ended Dec. 31, 2024). Higher production at Western Australia Iron Ore ("WAIO") as a result of strong supply-chain performance was partially offset by significant wet weather. This takes BHP's total iron ore production in the first half of fiscal 2025 to 130.9 Mt, 1% higher than the year-ago period.

    BHP’s iron ore production guidance for fiscal 2025 is unchanged at 255-265.5 Mt. WAIO's production is likely to be in the upper half of BHP’s expectation of 250-260 Mt (282-294 Mt on a 100% basis).

    Digging Deeper in BHP’s Iron Ore Production Numbers

    Iron ore production at WAIO was up 1% to 128Mt in the first half of fiscal 2025. This was driven by strong supply-chain performance and record volumes at the Central Pilbara hub (South Flank and Mining Area C) following the completion of the ramp-up of South Flank in fiscal 2024. This was partially offset by the planned increase in tie-in activity of the multi-year Rail Technology Program (RTP1) and wet weather in December.

    Samarco’s iron ore production increased 9% in the first half of fiscal 2025 to 2.8MT, attributed to the early resumption of Pelletizing Plant No. 4.

    BHP’s Copper Production Up 10% in 1H25

    BHP’s copper output improved 17% year over year to 510.7 kt in the second quarter of fiscal 2025. For the first half of fiscal 2025, BHP’s copper production was 987 kt, up 10% year over year.

    Copper production at Escondida increased 22% year over year to 644 kt in the first half of fiscal 2025 as mining progressed into areas of higher-grade ore as well as increased concentrator feed grade. This was partially offset by planned lower cathode production as the integration of the Full SaL project continues. The project is expected to start production later in fiscal 2025.

    Copper output at Pampa Norte (which consists of Spence and Cerro Colorado) was down 9% in the first half of fiscal 2025. Production at Spence was down 1% due to lower cathode production. Total production at Pampa Norte was down on a year-over-year basis reflecting the impact of Cerro Colorado entering temporary care and maintenance in December 2023. It had contributed 11 kt of copper in the first half of fiscal 2024.

    Production from Copper South Australia was reported at 145 kt for the first half of fiscal 2025, down 2% year over year. Gains from strong underlying performance in the first quarter of fiscal 2025 were offset by the impact of a two-week weather-related power outage due to a significant storm at the beginning of the second quarter.

    Antamina’s copper production was down 7% to 67 kt on slightly decreased ore grade and planned lower concentrator throughput.

    The company expects copper production to be within the range of 1,845-2,045 kt in fiscal 2025.

    BHP FY25 Coal Output to be in the Upper Half of Projection

    Energy coal production was down 4% year over year to 3.7 Mt in the second quarter of fiscal 2025. Steelmaking coal production was 4.4 Mt, which marked a plunge of 23% from the year-ago quarter.

    For the first half of fiscal 2025, steelmaking coal production was down 21% to 8.9 Mt. Production in the first half of fiscal 2025 included 3.5 Mt from the Blackwater and Daunia mines that were divested on April 2, 2024. Excluding these volumes, production of steelmaking coal was up 14% year over year.  Energy coal output dipped 1% to 7.4 Mt in the first half of fiscal 2025.

    Steelmaking coal production in fiscal 2025 is now expected to be in the upper half of the range of 16.5-19 Mt (33 -38 Mt on a 100% basis). Energy coal production is also expected to be in the upper half of the company’s range of 13 – 15 Mt .

    BHP Witnesses Lower Iron Ore Prices, Higher Copper Prices

    In the first half of fiscal 2025, average realized prices for iron ore plunged 22% year over year to $81.11 per ton. Copper prices were up 9% to $3.99 per pound. Prices for thermal coal rose 1% year over year to $124.42 per ton and steelmaking coal prices were down 23% to $206.37 per ton.

    BHP’s Peer Performances

    Rio Tinto RIO reported a 1% year-over-year decline in its fourth-quarter (ended Dec. 31, 2024) iron ore production to 86.5 Mt (on a 100% basis). This brings RIO’s total iron ore output for 2024 to 328 Mt, a decline of 1% year over year, within its guidance of 323-338 Mt. Production was affected by depletion, predominantly at Paraburdoo, as the company is transitioning to Western Range and Yandicoogina, as well as higher-than-average rainfall.

    Rio Tinto’s shipments also declined 1% year over year to 328.6 Mt in 2024. The company expects Pilbara iron ore shipments (100% basis) to be in the band of 323-338 Mt in 2025.

    Vale S.A VALE expects iron ore production of 328 Mt for 2024. The guidance indicates a 2% increase from the 321 Mt of iron ore produced in 2023.

    Vale has produced 242.4 Mt of iron ore in the first nine-month period of 2024. The company’s 2024 guidance indicates production of 85.6 Mt for the fourth quarter of 2024, 4% lower than the 89.4 Mt produced in the fourth quarter of 2023.

    Vale is expected to report fourth-quarter 2024 production and sales report on Jan. 28, 2025.

    BHP Stock’s Price Performance

    BHP shares have dipped 16.7% in a year compared with the industry’s 11.5% decline.

     

    Zacks Investment Research

    Image Source: Zacks Investment Research

     BHP’s Zacks Rank & Stock to Consider

    BHP currently carries a Zacks Rank #5 (Strong Sell).

    A better-ranked stock from the basic materials space is Carpenter Technology Corporation CRS, which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

    Carpenter Technology has an average trailing four-quarter earnings surprise of 14.1%. The Zacks Consensus Estimate for CRS’ fiscal 2025 earnings is pegged at $6.77 per share, indicating 42.8% year-over-year growth. Its shares have skyrocketed 207% in a year.

    Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

    BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report

    VALE S.A. (VALE) : Free Stock Analysis Report

    Rio Tinto PLC (RIO) : Free Stock Analysis Report

    Carpenter Technology Corporation (CRS) : Free Stock Analysis Report

    To read this article on Zacks.com click here.

    Zacks Investment Research

    Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day January Micro-Cap Conference taking place Wednesday and Thursday, January 22-23, 2025. The presentation schedule is subject to change. Please visit www.sidoti.com/events for the most updated version and webinar links.

    Presentation Schedule

    *All Times EST

    Wednesday, January 22, 2025 (Day 1)

    8:30-9:00

    Rectitude Holdings Ltd (RECT)

    *****

    9:15-9:45

    Rezolve AI (RZLV)

    Alico (ALCO)

    10:00-10:30

    Harvard Bioscience (HBIO)

    Flotek Industries (FTK)

    10:45-11:15

    Amesite Inc. (AMST)

    *****

    11:30-12:00

    *****

    Forum Energy Technologies Inc (FET)

    12:15-12:45

    *****

    Kingsway Financial Services (KFS)

    1:00-1:30

    374Water Inc. (SCWO)

    Abacus Life, Inc. (ABL)

    1:45-2:15

    *****

    *****

    2:30-3:00

    NN Inc. (NNBR)

    Braemar Hotels & Resorts (BHR)

    3:15-3:45

    SBC Medical Group Inc (SBC)

    Flexsteel (FLXS)

    4:00-4:30

    Locafy Limited (LCFY)

    *****

    1x1s Only

    (22nd)

    Apogee Enterprises, Inc. (APOG)

    Ashford Hospitality Trust (AHT)

    Bitcoin Depot (BTM)

    Hooker Furnishings Corp (HOFT)

    Meritage Hospitality (MHGU)

    *****

    *All Times EST

    Thursday, January 23, 2025 (Day 2)

    8:30-9:00

    REE Automotive (REE)

    9:15-9:45

    FlexShopper, Inc. (FPAY)

    10:00-10:30

    Solar Alliance Energy Inc (SOLR)

    10:45-11:15

    *****

    11:30-12:00

    Outbrain (OB)

    12:15-12:45

    Digihost Technology (DGHI)

    1:00-1:30

    DHI Group, Inc. (DHX)

    1:45-2:15

    Cibus (CBUS)

    1x1s Only

    (23 rd )

    Ashford Hospitality Trust (AHT)

    Bitcoin Depot (BTM)

    GoHealth (GOCO)

    Hooker Furnishings Corp (HOFT)

    Meritage Hospitality (MHGU)

    *****

    About Sidoti Events, LLC ("Events") and Sidoti & Company, LLC ("Sidoti")In 2023, Sidoti & Company, LLC (www.sidoti.com) formed an affiliate company, Sidoti Events, LLC in order to focus exclusively on its rapidly growing conference business and to more directly serve the needs of presenters and attendees. The relationship allows Events to draw on the 25 years of experience Sidoti has as a premier provider of independent securities research focused specifically on small and microcap companies and the institutions that invest in their securities, with most of its coverage in the $200 million-$5 billion market cap range. Sidoti's coverage universe comprises approximately 150 equities of which greater than 60 percent participate in the firm's rapidly growing Company Sponsored Research ("CSR") program. In 2024, Sidoti established Lighthouse Equity Research as an extension of its CSR program to meet the specific needs of companies not valued using traditional metrics or that face challenges obtaining coverage due to political risks or other factors. Events is a leading provider of corporate access through the eight investor conferences it hosts each year. By virtue of its direct ties to Sidoti, Event's benefits from Sidoti's small- and microcap-focused nationwide sales force, which has connections with 2,500 institutional relationships in North America. This enables Events to provide multiple forums for meaningful interaction for small and microcap issuers and investors specifically interested in companies in the sector.

    SOURCE: Sidoti & Company, LLC

    REE Automotive Ltd.

    CEO and co-founder Daniel Barel will host a company presentation at 8:30 a.m. ET on Thursday, January 23 and CFO Hai Aviv will meet one-on-one with potential investors

    TEL AVIV, Israel, Jan. 21, 2025 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, will participate in the Sidoti Micro-Cap Virtual Conference on January 23, 2025. CEO and co-founder Daniel Barel will deliver a live presentation from 8:30 to 9 a.m. ET (Track 1) to discuss REE’s software-defined vehicle technology, market opportunities and outlook for 2025 and beyond. The presentation is available to stream online by registering here.

    Conference participants may schedule one-on-one meetings with REE by contacting Dana Rubenstein at danar@ree.auto or requesting them through the Sidoti online portal.

    To learn more about REE Automotive’s patented technology and unique value proposition that position the company to break new ground in e-mobility, visit www.ree.auto.

    About REE AutomotiveREE Automotive (Nasdaq: REE) is an automotive technology company that allows companies to build electric vehicles of various shapes and sizes on their modular platforms. With complete design freedom, vehicles Powered by REE® are equipped with the revolutionary REEcorner®, which packs critical vehicle components (steering, braking, suspension, powertrain and control) into a single compact module positioned between the chassis and the wheel. As the first company to FMVSS certify a full by-wire vehicle in the U.S., REE’s proprietary by-wire technology for drive, steer and brake control eliminates the need for mechanical connection. Using four identical REEcorners® enables REE to make the industry’s flattest EV platforms with more room for passengers, cargo and batteries. REE platforms are future proofed, autonomous capable, offer a low total cost of ownership (TCO), and drastically reduce the time to market for fleets looking to electrify. To learn more visit www.ree.auto.

    Media ContactMalory Van GuilderSkyya PR for REE Automotive+1 651-335-0585ree@skyya.com

    Investor ContactDana RubinsteinChief Strategy Officer for REE Automotiveinvestors@ree.auto

    Halifax, Nova Scotia–(Newsfile Corp. – January 21, 2025) – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company"), is pleased to announce that the Company has been awarded $500,000 in partnership with Ontario's Critical Minerals Innovation Fund (the "Fund"). The non-dilutive funding contribution is for the advancement of the Continuous Improvement Process at the Company's RapidSXTM Commercial Demonstration Facility in Kingston, Ontario.

    "Investing in critical mineral advancements, like Ucore Rare Metals Inc.'s innovative RapidSX™ technology, is vital to strengthen Ontario's critical minerals sector, drive innovation, and secure our future security and prosperity," said George Pirie, Minister of Mines. "This $500,000 in funding through our Critical Minerals Innovation Fund will help to build a secure supply chain ready to fuel the technologies of tomorrow and increase our global competitiveness."

    Ucore is currently commercializing its RapidSXTM technology for the refining and separation of rare earth oxides at its Commercial Development Facility in Kingston, Ontario. The Company has constructed, commissioned and is operating a 52 stage RapidSXTM Demonstration Plant for the separation and refining of heavy and light rare earth oxides. Ucore is employing cutting-edge digital manufacturing with ongoing continuous process capabilities and flexible work cells that enable monitoring at every step of the operation, thus allowing for a staged market entry. These innovations will allow Ucore to compete with established Chinese producers.

    "We are thrilled to have the Ontario government as a partner as we work toward re-establishing the North American rare earth supply chain," stated Pat Ryan, CEO of Ucore. "The importance of rare earth products to strategic industries such as national defense, robotics and AI, and many clean technologies cannot be overstated. Ontario's Critical Minerals Innovation Fund will play an important role as we work toward critical minerals independence in North America."

    Figure 1 – Ucore's 52-stage RapidSX™ Commercial Demo Plant in Kingston, Ontario

    To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/1119/237931_874ea46aa4ad0965_001full.jpg

    The Critical Minerals Innovation Fund provides funding to projects that help strengthen Ontario's critical minerals sector, supporting projects that involve research, development and commercialization of innovative technologies, techniques, processes and solutions for critical minerals and relate to key priority areas. Key priority areas include the battery supply chain, inventive techniques for deep exploration and mining, recovery of minerals, and other innovative projects that support the critical minerals sector.

    Rare Earth Elements are essential components to several modern technologies. The largest application is their use in rare earth permanent magnets. Rare earth permanent magnets are used in a number of products, including electric vehicles, wind turbines, cell phones, MRI machines and numerous military applications. While rare earths are relatively abundant in the earth's crust, economic concentrations are uncommon and extensive processing is required to separate and refine the rare earths to a required purity. Ucore's focus on the all-important refining and separating of rare earth concentrates to usable oxides is needed to rebuild fragmented Western world supply chains.

    # # #

    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 establishment of a heavy and light rare-earth processing facility in the U.S. State of Louisiana, subsequent Strategic Metal Complexes 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.

    Ucore is listed on the TSXV under the trading symbol "UCU" and in the United States on the OTC Markets' OTCQX® Best Market under the ticker symbol "UURAF."

    For further information, please visit www.ucore.com.

    Forward-Looking Statements

    This press release includes certain statements that may be deemed "forward-looking statements." All statements in this release (other than statements of historical facts) that address future business development, technological development and/or acquisition activities (including any related required financings), timelines, events, or developments that the Company is pursuing are forward-looking statements. The details of the legislation by which tariffs are implemented can potentially impact the effectiveness of the protections afforded by Foreign Trade Zones. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance or results, and actual results or developments may differ materially from those in forward-looking statements.

    Regarding any disclosure in the press release above about the US Department of Defense or the Government of Canada Programs and the expected successful progress and resulting milestone payments from these Programs, the Company has assumed that the Programs (including each of their milestones) will be completed satisfactorily. For additional risks and uncertainties regarding the Company, the CDF, the Demo Plant and ongoing Programs (generally), see the risk disclosure in the Company's MD&A for Q3-2023 (filed on SEDAR on November 20, 2023) (www.sedarplus.ca) as well as the risks described below.

    Regarding the disclosure above in the "About Ucore Rare Metals Inc." section, the Company has assumed that it will be able to procure or retain additional partners and/or suppliers, in addition to Innovation Metals Corp. ("IMC"), as suppliers for Ucore's expected future Strategic Metals Complexes ("SMCs"). Ucore has also assumed that sufficient external funding will be found to complete the Demo Plant demonstration schedule and also later prepare a new National Instrument 43-101 ("NI 43-101") technical report that demonstrates that the Bokan Mountain Rare Earth Element project ("Bokan") is feasible and economically viable for the production of both REE and co-product metals and the then prevailing market prices based upon assumed customer offtake agreements. Ucore has also assumed that sufficient external funding will be secured to continue the development of the specific engineering plans for the SMCs and their construction. Factors that could cause actual results to differ materially from those in forward-looking statements include, without limitation: IMC failing to protect its intellectual property rights in RapidSX™; RapidSX™ failing to demonstrate commercial viability in large commercial-scale applications; Ucore not being able to procure additional key partners or suppliers for the SMCs; Ucore not being able to raise sufficient funds to fund the specific design and construction of the SMCs and/or the continued development of RapidSX™; adverse capital-market conditions; unexpected due-diligence findings; the emergence of alternative superior metallurgy and metal-separation technologies; the inability of Ucore and/or IMC to retain its key staff members; a change in the legislation in Louisiana or Alaska and/or in the support expressed by the Alaska Industrial Development and Export Authority ("AIDEA") regarding the development of Bokan; the availability and procurement of any required interim and/or long-term financing that may be required; and general economic, market or business conditions.

    Neither the TSXV nor its Regulation Services Provider (as that term is defined by the TSXV) accept responsibility for the adequacy or accuracy of this release.

    CONTACTS

    Mr. Michael Schrider, P.E., Ucore Vice President and Chief Operating Officer, is responsible for the content of this news release and may be contacted at 1.902.482.5214.

    For additional information, please contact:

    Mark MacDonaldVice President, Investor RelationsUcore Rare Metals Inc.1.902.482.5214mark@ucore.com

    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/237931

     

    TSX Venture Exchange (TSX-V): GRGFrankfurt Stock Exchange (FSE): G6AOTCQB Venture Market (OTCQB): GARWF

    VANCOUVER, BC, Jan. 21, 2025 /PRNewswire/ – Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF), ("Golden Arrow" or the "Company") is pleased to report the latest results from the San Pietro Project in Chile, where drilling of the southern extension of the Rincones target returned the best copper interval to date: 283 metres averaging 0.23% Cu, 0.04 g/t Au, 101 g/t Co and 15.5% Fe from 83 metres depth in SP-DDH-38.  This includes two intervals with notably higher grades of copper (75 metres averaging 0.33% Cu and 11.55 metres averaging 0.51% Cu) and a 9.35 metre interval averaging 0.74% Cu, 0.43 g/t Au, 254 g/t Co and 38.6% Fe.

    Golden Arrow Resources Corporation logo (CNW Group/Golden Arrow Resources Corporation)

    SP-DDH-29 was the first hole to test for a southern extension of the Rincones target. It stepped out nearly 400 metres from previously drill-defined mineralization and intersected 310.85 m averaging 0.19% Cu, 0.06 g/t Au, 127 g/t Co and 12.2% Fe starting at 186.4m depth, as reported on October 31, 2024. Excited by these results and the potential to continue to expand Rincones to the south towards the Colla target, the team designated the final three holes of the Phase 2 drill program to further test the area and provide data that could potentially be included in the upcoming Mineral Resource Estimate ("MRE").  As seen in Figure 1, this new hole SP-DDH-38 was collared approximately 250 metres south of the main Rincones target area, in the untested area centered 420 metres northwest of SP-DDH-29.  New drill hole SP-DDH-39 was drilled another 250 metres south from SP-DDH-38, and along the NW-SE trend of mineralization intersected in hole 29. SP-DDH-40 was drilled to infill between SP-DDH-38 and the main Rincones mineralization (Figure 2).  Final assays for holes -39 and -40 are the last results pending from the program.

    Brian McEwen, VP Exploration and Development for Golden Arrow, commented, "Hole 38 is helping define the so far sparsely-tested and yet significant southern extension that adds to the central area of thick continuous mineralization at Rincones.  Phase 2 has now drilled nine holes with intervals of more than 100 metres of significant copper, including the two that are over 280 metres, and four that grade over 0.4% copper, and we still have two high-potential holes left to report.  The Company remains on-track to complete our first MRE for the project in the coming weeks and I strongly believe it will just be scratching the surface of what this project has to offer." 

    Two additional holes reported here returned intervals with over 100 metres of mineralization. SP-DDH-37 was an infill hole in the centre of Rincones, and returned 130 metres averaging 0.23% Cu, 0.05 g/t Au, 69g/t Co and 13.4% Fe from 250 m depth, including 15.30 metres averaging 0.96% Cu, 0.31 g/t Au, 179 g/t Co and 28.5% Fe.  Mineralization at the western side of the target was also expanded, where hole SP-DDH-35 stepped out 135 metres and intercepted 102 metres averaging 0.25% Cu, 0.04 g/t Au, 185 g/t Co and 14.7% Fe from 186 metres depth in hole SP-DDH-35, including 10.30 metres averaging 0.51% Cu, 0.05 g/t Au,137 g/t Co and 13.4% Fe.

    The new holes reported in Table 1 are part of the now-complete Phase 2 diamond drilling campaign at the San Pietro Iron Oxide-Copper-Gold-Cobalt ("IOCG") Project in Chile ("San Pietro" or the "Project") announced on April 24, 2024.  Final assays from the last two holes are pending.

    Table 1. Summary of New Intervals, Phase 2 Drilling[Cu Grade >0.20% or Co Grade >200 g/t or Au Grade >0.2 g/t or Fe Grade >30%]

    Hole

    From

    (m)

    To

    (m)

    Interval(m)

    Cu

    (%)

    Au

    (g/t)

    Co

    (g/t)

    Fe

    (%)

    Rincones Target

    138.00

    141.85

    3.85

    0.38

    0.22

    154

    11.6

    186.00

    288.00

    102.00

    0.25

    0.04

    185

    14.7

     SP-DDH-35

    includes

    230.00

    240.30

    10.30

    0.51

    0.05

    137

    13.4

    317.83

    336.65

    18.82

    0.06

    0.03

    202

    13.6

    SP-DDH-36

    6.00

    12.00

    6.00

    0.17

    0.06

    221

    23.3

    54.00

    74.00

    20.00

    0.20

    0.02

    57

    8.3

    128.00

    134.00

    6.00

    0.45

    0.07

    602

    23.5

    SP-DDH-37

    23.00

    57.00

    34.00

    0.55

    0.24

    163

    51.0

    127.00

    139.00

    12.00

    0.23

    0.02

    40

    11.5

    146.50

    150.00

    3.50

    0.25

    0.03

    33

    15.4

    250.00

    380.00

    130.00

    0.23

    0.05

    69

    13.4

    includes

    250.00

    265.30

    15.30

    0.96

    0.31

    179

    28.5

    SP-DDH-38

    83.00

    366.00

    283.00

    0.23

    0.04

    101

    15.5

    includes

    110.65

    120.00

    9.35

    0.74

    0.43

    254

    38.6

    & includes

    138.00

    149.55

    11.55

    0.51

    0.05

    80

    12.5

    & includes 

    280.00

    355.00

    75.00

    0.33

    0.05

    183

    21.5

    Note: Intervals are downhole length. See hole descriptions in text for additional details.

    San Pietro Phase 2 Drill Program Details

    The San Pietro Project hosts multiple targets with strong Iron oxide-Copper-Gold and Cobalt mineralization (see Figure 1). This mineralization is typically found within a pile of fine to porphyritic andesites that exhibit widespread potassic feldspar alteration. The mineralization is often associated with areas where a superimposed quartz-scapolite alteration is more intense and there is a development of brecciation and massive replacement of magnetite.

    In 2023, the Company completed a Phase 1 drill program of approximately 4000 metres of diamond drilling in 13 holes to add to the database of ~34,000 metres of historic drilling at San Pietro. Strongly mineralized intervals were intercepted at all targets tested as reported in company news releases on June 13, June 27 and July 12, 2023.

    The Company focused this Phase 2 drill program mainly on the Rincones advanced exploration target with the goal of completing an initial Mineral Resource Estimate. In addition, 2 holes (SP-DDH-25 and SP-DDH-34) with a total of 607 metres were drilled at the nearby Colla target.

    SP-DDH-35 stepped out 135 metres west of historic reverse circulation ("RC") hole RARC-015, which included a 142-metre interval averaging 0.32% Cu, 92 g/t Co, 0.05 g/t Au and 10.5% Fe starting at 54 metres downhole (azimuth 0˚ & dip -65˚). A similar long, well-mineralized interval in SP-DDH-35 (see Table 1) was hosted in a series of subvertical crackle breccias and veinlets plus several 1-to-3-metre-wide, east-west trending subvertical breccias filled with specularite-chalcopyrite-pyrite. These structures were also intercepted in the holes east and west of SP-DDH-35.

    SP-DDH-36 was drilled in the north-central part of Rincones where it intercepted east-west trending crackle breccias with specularite-chalcopyrite-pyrite, dipping 70° to 89° the north. Mineralization was modest, similar to an adjacent historic RC hole.

    SP-DDH-37 tested a gap in the central part of Rincones approximately 145 metres southeast of SP-DDH-12, which returned the best overall interval of the Phase 1 program: 64.2 m averaging 0.86% Cu, 0.20 g/t Au, 196 g/t Co and 25.9% Fe starting at 42.8 metres depth (see News Release from July 12, 2023). A second interval of 75.0 metres averaging 0.23% Cu, 0.03 g/t Au and 67 g/t Co starting at 243 metres depth was also reported.  SP-DDH-37 successfully identified similar mineralized zones in the gap tested. Immediately below 23 metres of gravels, SP-DDH-37 started with a series of magnetite replacement mantos striking northwest and dipping 66° to the southwest. These hosted copper and iron oxides in veinlets in a fine porphyritic andesite, with a 34 metre interval averaging 0.55% Cu, 0.24 g/t Au, 163 g/t Co and 51% Fe. These mantos correlate with those intercepted in hole SP-DDH-12. Starting at 250 metres depth, SP-DDH-37 intercepted another series of magnetite mantos, 3 to 5 metres wide, with veinlets and disseminations of chalcopyrite and pyrite plus zones of breccias filled with specularite and chalcopyrite.  This lower zone returned a long (130 metres) well-mineralized interval, including over 15 metres with nearly a percent copper and 0.3 g/t Au as well as significant cobalt and iron (see Table 1).

    SP-DDH-38 expanded the southern extension of the Rincones mineralization, as first identified in hole SP-DDH-29 that returned 310.85 metres averaging 0.19% Cu, 0.06 g/t Au, 127 g/t Co and 12.2% Fe starting at 186.4 metres depth (see  News Release dated October 31, 2024). Mineralization was pervasive throughout nearly 300 metres of downhole depth, (see Table 1) hosted in porphyritic andesites with crackle breccias. In the first half of the 283-metre reported interval, the crackle breccias are filled with magnetite-chalcopyrite-pyrite and in the second half with specularite-chalcopyrite-pyrite. Additionally, 3 magnetite mantos were intercepted downhole. These were approximately 10 metres in width with east-west strike, dipping to the south and hosted disseminated and fracture-controlled chalcopyrite-pyrite mineralization.

    Table 2. Drill Hole Collar Information[PSAD 56 / UTM Zone 19 S]

    Hole

    Easting

    Northing

    Elevation (m)

    Azimuth

    (˚)

    Dip

    (˚)

    Final Depth (m)

    SP-DDH-35

    390561

    7071720

    1003

    20

    -60

    368

    SP-DDH-36

    391283

    7071902

    940

    0

    -60

    200

    SP-DDH-37

    391036

    7071653

    952

    20

    -60

    389

    SP-DDH-38

    390598

    7071282

    1000

    20

    -60

    374

    Methodology & QA/QC

    This drilling campaign was completed by Sociedad de Servicios Andinos SpA of Copiapó, Chile, using diamond drill producing HQ-sized core. The Golden Arrow field team, supervised by senior geologists, photographed and logged the entire length of core for each drillhole, as well as measured it for recovery and marked it for sampling. Pieces of whole core approximately 10 to 15 cm long were selected and measured for specific gravity on average every 20 metres and targeting all different lithologies. Subsequently, the core was cut in half with an electric saw. One half was labelled, bagged and sent for analysis and the other half retained onsite. After completing the sampling of each hole, the samples were shipped to ALS Laboratory in Copiapo, Chile by a contract truck service. Sample preparation and gold analysis by Fire Assay and reading by atomic absorption on 30 gm sample by method Au-AA23 was completed at the ALS facility in Santiago de Chile. Multi-element package by ICP-OES reading following a four-acid digestion by method ME-ICP61 was performed at ALS facilities in Lima, Peru. Samples with over limits in copper (+ 10,000 ppm) were re-assayed by ore grade method Cu-OG62 that includes four acid digestion and ICP-OES reading. The Company follows industry standard procedures for the work carried out on the San Pietro Project, with a quality assurance/quality control ("QA/QC") program. Blank and standard samples were inserted in each batch of samples sent to the laboratory for analysis. Golden Arrow detected no significant QA/QC issues with material effect on the data.  The trajectory of all the holes drilled at San Pietro during this Phase 2 were measured using the gyroscope equipment "Champ Navigator" that assures no interference from the magnetite in the ground. Additionally, all the core was orientated using the "Champ Ori" core orientator to measure the azimuth and dip of structures.

    About the San Pietro IOCG Project

    The San Pietro Project covers approximately 20,000 hectares, 100 kilometres north of Copiapo.  Situated between and adjacent to Capstone Copper's Manto Verde Mine property and Santo Domingo Project, San Pietro is in the centre of a potential new copper-iron-cobalt district within an active, well-developed mining region that is home to all the major iron oxide-copper-gold ("IOCG") deposits in Chile.

    The Project is hosted by andesite units in a Cretaceous-aged volcano-sedimentary sequence associated with intrusive rocks including granodiorites and diorites of similar age. The Project is located east of the Atacama Fault system, a major north-south regional structure, which was instrumental in controlling the emplacement of the ore deposits in the area.

    Mineralization at San Pietro is typical of an IOCG system, with the addition of cobalt, and occurs in mantos, breccias and veins within a zone of alteration characterized by an association of actinolite, epidote, chlorite and scapolite. The mantos are replacement of andesite by magnetite and sulphides, with a roughly southeast strike and a gentle dip to the SW. Breccias and veins crosscut the mantos, are often subvertical, and filled with specularite and sulphides.

    Qualified Persons

    The exploration programs are designed by the Company's geological staff and results are reviewed, verified (including sampling, analytical and test data) and compiled under the supervision of Brian McEwen, P.Geol., VP Exploration and Development to the Company. Mr. McEwen is a Qualified Person as defined in National Instrument 43-101 and has reviewed and approved the contents of the news release.

    About Golden Arrow:

    Golden Arrow Resources Corporation is a mining exploration company with a successful track record of creating value by making precious and base metal discoveries and advancing them into exceptional deposits.

    Golden Arrow is actively exploring its flagship property, the advanced San Pietro iron oxide-copper-gold-cobalt project in Chile, and a portfolio that includes nearly 125,000 hectares of prospective properties in Argentina.

    The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.

    ON BEHALF OF THE BOARD

    "Joseph Grosso"

    _______________________________Mr. Joseph Grosso, Executive Chairman, President and CEO

    Neither the TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

    This news release contains forward-looking statements.  Generally, forward-looking statements can be identified by the use of terminology such as "anticipate", "will", "expect", "may", "continue", "could", "estimate", "forecast", "plan", "potential" and similar expressions. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. All statements, other than statements of historical fact, that address activities, events or developments management of the Company believes, expects or anticipates will or may occur in the future, including, without limitation, statements about the Company's plans for its mineral properties; the Company's business strategy, plans and outlooks; the future financial or operating performance of the Company; and future exploration and operating plans are forward-looking statements.

    Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. Accordingly, readers should not place undue reliance on the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things: risks and uncertainties related to the ability to obtain, amend, or maintain licenses, permits, or surface rights; risks associated with technical difficulties in connection with exploration activities; the possibility that future exploration. There may be other factors that cause results or events to not be as anticipated. Actual results may differ materially from those currently anticipated in such statements. Readers are encouraged to refer to the Company's Management's Discussion and Analysis for a more detailed discussion of factors that may impact expected future results. The forward-looking statements contained in this press release are made as of the date hereof or the dates specifically referenced in this press release, where applicable. The Company undertakes no obligation to publicly update or revise any forward-looking statements, unless required pursuant to applicable laws. All forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

    We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.

    Cision

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    SOURCE Golden Arrow Resources Corporation

    Stillwater Critical Minerals Corp. (TSXV:PGE)(OTCQB:PGEZF)(FSE:J0G) (the "Company" or "Stillwater") announces a non-brokered private placement financing (the "Offering") of up to $375,000 through the issuance of 2,500,000 flow-through units at a price of $0.15 per unit. Each unit consists of one flow-through share of the Company and one-half of one transferable non-flow-through warrant, with each full warrant allowing the holder to purchase one common share of the Company at a price of $0.225 per share for twenty-four months. Warrants shall contain a customary acceleration provision, which shall be effective if the volume weighted average trading price of the common shares on the TSX-V is greater than $0.34 for a period of 20 consecutive trading days.

    Michael Rowley, President and CEO, commented, "We are pleased with the interest shown in this placement to advance our Kluane critical minerals project. Work is expected to include ground geological programs and potential geophysical surveys, in addition to data compilation, to drive the selection of drill targets for upcoming campaigns. We look forward to providing further updates from our flagship Stillwater West project in Montana as well as our other assets in the near term."

    Dr. Danie Grobler, Vice-President Exploration, noted, "Our exploration team is excited to commence field work on our Kluane project. The Kluane PGE-Ni-Cu-Co metallogenic belt is well developed, mineralized and preserved in the Kluane Mountain Range of the Yukon. Exploration work in the belt has shown that significant mineralization occurs within these mafic-ultramafic intrusions. Styles of mineralization include broad zones of magmatic PGE-Ni-Cu in strongly disseminated to massive sulphides within the gabbro-ultramafic intrusions, Ni-rich "offset" ores within sulfidic footwall strata, skarn ores associated with carbonate sediments, PGE+Au-rich zones associated with hydrothermal quartz-carbonate alteration zones around intrusions, as well as only limited exploration of Ni+Cu+PGE massive sulphide concentrations within the basal contact zones of the mafic-ultramafic intrusions. The Kluane belt constitutes one of the largest tracts of Ni-Cu-PGE mineralized mafic-ultramafic rocks in North America, second only to the nickeliferous intrusions from the Proterozoic Circum-Superior Belt of Canada (i.e. Thompson Ni-Belt, Manitoba and Raglan Horizon, Cape Smith Belt, Quebec). The discovery of significant levels of base metal and platinum group element showings, the vast extent of this mineralized terrane, its temporal association with the Siberian trap magmatism in Russia, and the accompanying Noril'sk-type Ni+Cu+Pd-enriched mineralization demonstrates the exploration potential of Stillwater's Kluane project with application of modern exploration techniques".

    The Offering is being conducted on a non-brokered basis and all shares and warrants issued will be subject to a statutory hold period of four months and one day from the closing of the Offering. The Company may pay finder's fees on a portion of the Offering, subject to compliance with the policies of the TSX Venture Exchange and applicable securities legislation. Closing of the Offering 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 Company intends to use the gross proceeds from the sale of the Flow-Through Shares to incur exploration expenses that are eligible "Canadian exploration expenses" that qualify as "flow-through critical mineral mining expenditures" as such terms are defined in the Income Tax Act (Canada).

    The Offering constitutes a related party transaction within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101"), as insiders of the Company may subscribe in the Offering. The Company relied on the exemptions in Section 5.5(b) – Issuer Not Listed on Specified Markets from the formal valuation requirements of MI 61-101 and relied on the exemption in Section 5.7(1)(a) – Fair Market Value Not More Than 25 Per Cent of Market Capitalization from the minority shareholder approval requirements of MI 61-101. The Company did not file a material change report at least 21 days before the expected closing date of the Offering as the insider participation had not been confirmed at that time and the Company wished to close the Offering as expeditiously as possible.

    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 Shares have not been, and will not be, registered under 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 the Kluane Critical Minerals Project

    At 260 square kilometers, Stillwater's Kluane project represents the largest land position in the Kluane Ultramafic Belt; a mafic-ultramafic system that extends from northern BC through the Yukon to central Alaska and hosts multiple PGE-Ni-Cu deposits and occurrences. Located in Canada's Yukon Territory, the Kluane PGE-Ni-Cu project is on trend with the Wellgreen deposit, a past producing mine, now being advanced by Nickel Creek Platinum.

    PGE-Ni-Cu mineralization in the Kluane belt typically occurs as magmatic disseminated to massive sulphides associated with mafic to ultramafic intrusive bodies. The most advanced targets on the Kluane project are on the Ellen property, where exploration has identified significant massive sulphide mineralization from drilling and trenching. Drilling includes 17 drill holes from 1954 to 1995 with 12 holes returning significant sulphide mineralization including 3.15% Cu over 5.2 meters in MC66-1, 1.64% Cu over 10.4 meters in MC66-2, 1.76% Cu over 5.5 meters in hole 95-1, and a 2.13-meter intersection grading 1.96% Cu and 2,098 ppb Au in hole 95-3. Trenching returned values of up to 7.2% Cu with 1 g/t Au and 1 g/t Pd. Strong copper plus gold soil geochemical signatures have been identified on the property that are coincident with a large geophysical conductor nearly one kilometer in length1 & 2.

    The Spy claim block also includes some more advanced targets, including the Spy Sill, which has been traced for over 8 kilometers with widths of 75 to 100 meters at surface. Massive sulphide mineralization at the Spy target have assayed up to 5.5 g/t 3E (3.1 g/t Pt, 1.4 g/t Pd, 1.0 g/t Au) with 3.1% Ni, 2.8% Cu and 0.2% Co, and historic grab sample results of up to 90.7 g/t 3E (75.8 g/t Pt, 7.9 g/t Pd, 7.0 g/t Au) with 2.6% Ni, 10.5% Cu and 0.09% Co reported from footwall siltstones3.

    Trenches from the Ultra block yielded up to 19.5 g/t 3E (5.5 g/t Pt, 13.5 g/t Pd, 0.5 g/t Au), with 4.1% Cu, and 1.7% Ni from an ultramafic sill4. Exploration on Ultra since 2017 has included ground-based geophysics, UAV imagery collection, and soil and rock sampling programs, which successfully advanced multiple targets for follow-up work as the Company systematically moves several zones to drill-ready status.

    Upcoming Events

    Stillwater's President and CEO, Michael Rowley, will be available at the following events in 2025, in addition to other events to be added as the Company rolls out its marketing plans over the coming year:

  • AME Roundup – Vancouver, British Columbia, Canada January 20-23, 2025. For information, click here.

  • 121 Mining Events – Cape Town, South Africa, February 3-4, 2025. For information, click here.

  • Mining Indaba – Cape Town, South Africa, February 3-6, 2025. For information, click here.

  • Prospectors and Developers Association of Canada Conference (PDAC) – Toronto, Ontario, Canada, March 2-5, 2025. For information, click here.

  • The Mining Investment Event of the North – Quebec City, Quebec, Canada, June 3-5, 2025. For information, click here.

  • Precious Metals Summit – Beaver Creek, Colorado, September 9-12, 2025. For information, click here.

  • Precious Metals Summit – Zurich, Switzerland, November 10-11, 2025. For information, click here.

  • About Stillwater Critical Minerals Corp.

    Stillwater Critical Minerals (TSXV:PGE)(OTCQB:PGEZF)(FSE:J0G) is a 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 resource in an active US mining district as part of a compelling suite of nine minerals now listed as critical in the USA.

    Stillwater also holds 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, now subject to an LOI towards an earn-in agreement with Granite Creek Copper and maintains a back-in right on the high-grade past-producing Yankee-Dundee in BC, following its sale in 2013.

    References

  • Davidson, G.S., 1995. Assessment report on the Ellen claims NTS A-113. Yukon Assessment Report 093356.

  • Pautlier, J., 2006. Geological and Geochemical Evaluation Report of the Ellen Project. Yukon Assessment Report 094776.

  • Bell, C. 1996. Report on 1995 geological and geochemical surveys on the Klu property. Yukon Assessment Report 0933371.

  • Casselman, S., 2005. Geological mapping and airborne surveying program on the Ultra property, Haines Junction area, Yukon Territory. Yukon Assessment Report 094485.

  • FOR FURTHER INFORMATION, PLEASE CONTACT:

    Michael Rowley, President, CEO & Director – Stillwater Critical MineralsEmail: info@criticalminerals.com Phone: (604) 357 4790Web: http://criticalminerals.com Toll Free: (888) 432 0075

    Quality Control and Quality Assurance

    Ms. Debbie James, P.Geo., is the qualified person for the purposes of National Instrument 43-101, and she has reviewed and approved the technical disclosure contained in this news release. Ms. James is the Project Manager for the Kluane area and is not independent of the Company because she has received employment income from the Company and holds stock in the Company.

    Historic samples were collected by reputable operators, using standard QAQC procedures and practices current at the time of collection. They are considered reliable. Samples are not necessarily representative of all the mineralization hosted in the area.

    Forward-Looking Statements

    This 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, the realization of mineral resource estimates, 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 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.

    SOURCE: Stillwater Critical Minerals Corp.

    Investors in FMC Corporation FMC need to pay close attention to the stock based on moves in the options market lately. That is because the June 6, 2025 $30 Call had some of the highest implied volatility of all equity options today.

    What is Implied Volatility?

    Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.

    What do the Analysts Think?

    Clearly, options traders are pricing in a big move for FMC Corporation shares, but what is the fundamental picture for the company? Currently, FMC Corporation is a Zacks Rank #4 (Sell) in the Agriculture – Operations industry that ranks in the Bottom 40% of our Zacks Industry Rank. Over the last 60 days, one analyst has increased the earnings estimates for the current quarter, while none dropped the estimates. The net effect has taken our Zacks Consensus Estimate for the current quarter from $1.67 per share to $1.65 in that period.

    Given the way analysts feel about FMC Corporation right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.

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    To read this article on Zacks.com click here.

    Zacks Investment Research

    (Bloomberg) — BHP Group’s copper output surged 17% in its second quarter, taking up some of the slack from its traditional asset base iron ore which was largely unchanged amid softening demand.

    Most Read from Bloomberg

    The world’s biggest miner ramped up production at its massive Escondida copper mine in Chile by 33% in the three months to Dec. 31, and extracted higher-grade ores of the metal that’s increasingly vital to the energy transition. That helped offset declines at its South Australian projects, which were shuttered for weeks after an electrical storm cut power supply.

    Meanwhile, iron ore output rose just 1% in the period. While the commodity still accounts for about two-thirds of BHP’s revenue, it sees long-term demand for the steelmaking material being pressured by a bleaker outlook for China’s economy and languishing property market, and in recent years has bolstered its expansion strategy in other materials.

    The company’s thirst to grow its exposure to copper drove management’s $49 billion attempt to acquire Anglo American Plc last year. When that failed, BHP launched a takeover of Filo Corp. alongside partner Lundin Mining Corp., giving it access to copper projects straddling the Argentina-Chile border that are yet to be developed. That transaction closed this month.

    BHP Chief Executive Mike Henry said the Filo assets were “one of the most significant global copper discoveries in decades.”

    Iron ore output was 66.2 million tons in the three months to Dec. 31. Full-year guidance for those operations was maintained at 255 to 265.5 million tons, with the miner keeping forecasts unchanged for all its commodities.

    Meanwhile, steelmaking-coal production slumped 23% in the three-month period, while energy coal dipped 4%. Copper output totaled 510,700 tons.

    “Our flagship copper, iron ore and steelmaking coal assets delivered particularly strong production in the period,” Henry said in the statement. “We made further progress on our growth pathways in future-facing commodities.”

    From current heights of around 1 billion tons per annum, Bloomberg Intelligence forecasts predict annual China steel consumption could fall below 800 million tons by the end of this decade.

    Iron ore was one of 2024’s worst performing commodities, slumping 28%. That included an 8% decline in the year’s final quarter.

    (Updates with details about copper strategy throughout.)

    Most Read from Bloomberg Businessweek

    ©2025 Bloomberg L.P.

    There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. So on that note, GoGold Resources (TSE:GGD) looks quite promising in regards to its trends of return on capital.

    Understanding Return On Capital Employed (ROCE)

    For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. The formula for this calculation on GoGold Resources is:

    Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets – Current Liabilities)

    0.011 = US$3.2m ÷ (US$312m – US$15m) (Based on the trailing twelve months to September 2024).

    So, GoGold Resources has an ROCE of 1.1%. Even though it's in line with the industry average of 1.4%, it's still a low return by itself.

    Check out our latest analysis for GoGold Resources

    TSX:GGD Return on Capital Employed January 20th 2025

    In the above chart we have measured GoGold Resources' prior ROCE against its prior performance, but the future is arguably more important. If you'd like to see what analysts are forecasting going forward, you should check out our free analyst report for GoGold Resources .

    What Does the ROCE Trend For GoGold Resources Tell Us?

    The fact that GoGold Resources is now generating some pre-tax profits from its prior investments is very encouraging. Shareholders would no doubt be pleased with this because the business was loss-making five years ago but is is now generating 1.1% on its capital. In addition to that, GoGold Resources is employing 288% more capital than previously which is expected of a company that's trying to break into profitability. This can tell us that the company has plenty of reinvestment opportunities that are able to generate higher returns.

    In Conclusion…

    To the delight of most shareholders, GoGold Resources has now broken into profitability. Since the stock has returned a solid 70% to shareholders over the last five years, it's fair to say investors are beginning to recognize these changes. Therefore, we think it would be worth your time to check if these trends are going to continue.

    GoGold Resources does have some risks though, and we've spotted 1 warning sign for GoGold Resources that you might be interested in.

    While GoGold Resources may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here.

    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.

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