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Search Minerals Inc. Announces Closing of Settlement with Certain Creditors
NewsfileĀ· 2025-08-11 16:50
Group 1 - The company, Search Minerals Inc., has received approval from the TSX Venture Exchange to settle a debt of $100,000 through the issuance of 203,688 common shares [1] - The shares were issued on August 11, 2025, and are subject to a four-month hold period in accordance with applicable securities laws [1] - Following the issuance of the shares, the debt is now settled and extinguished [2]
Iron Oak Energy Solutions Announces Strategic Acquisition of Northern White Assets from HC Minerals, Inc. to Meet Growing Appalachia Demand
PrnewswireĀ· 2025-08-11 15:00
Core Viewpoint - Iron Oak Energy Solutions LLC has acquired the Northern White assets of HC Minerals, significantly enhancing its production capabilities and distribution network to better serve clients in the Marcellus and Utica natural gas shale plays [2][3][4]. Company Overview - Iron Oak Energy is a leading multi-basin proppant supplier in North America, with ten active production facilities and the ability to supply every major shale basin across the continent [8]. - The company is headquartered in The Woodlands, Texas, and is backed by Anchorage Capital Advisors L.P., Golden Gate Capital, NGP, and High Roller Group [8]. Acquisition Details - The acquisition includes HC Minerals' production facility in Wyeville, Wisconsin, which adds over three million tons per year of Northern White Sand capacity, increasing Iron Oak Energy's total production capacity to 37 million tons per year [3][7]. - The acquisition also adds four strategically located terminals in the Marcellus and Utica basins, enhancing the company's market reach and distribution efficiency [3][7]. Strategic Importance - The acquisition is part of Iron Oak Energy's growth strategy, aimed at meeting the anticipated strong demand growth in natural gas basins, particularly due to rising power generation needs, expanding data center infrastructure, and growing LNG exports [4]. - The integration of HC Minerals' expertise in proppant production and rail logistics aligns well with Iron Oak Energy's operational goals [4]. Financial Aspects - Concurrent with the acquisition, Iron Oak Energy secured a new term loan facility with Chambers Energy Capital and GoldenTree Asset Management, providing additional financial flexibility for future growth [5]. - Pro forma for the financing, Iron Oak Energy's balance sheet remains strong, with leverage levels well below a single turn of EBITDA [5].
Dorchester Minerals: High-Yielding Oil Royalty Compounder
Seeking AlphaĀ· 2025-08-08 19:37
Core Insights - The author has over 10 years of experience researching companies across various sectors, including commodities and technology, which provides valuable insights for readers [1]. Company Research - The author has conducted in-depth research on over 1000 companies, covering industries such as oil, natural gas, gold, copper, and technology companies like Google and Nokia [1]. - The focus has shifted to a value investing-oriented YouTube channel after three years of blogging, where hundreds of companies have been researched [1]. - The preferred sectors for coverage include metals and mining stocks, along with comfort in consumer discretionary/staples, REITs, and utilities [1].
Black Stone Minerals: Feeling The Effects Of The Aethon Time Out (Downgrade To Hold)
Seeking AlphaĀ· 2025-08-08 13:45
Group 1 - Black Stone Minerals (NYSE: BSM) reported second quarter earnings that provided sufficient distribution coverage to the adjusted distribution level [1] - The new distribution level enables the company to allocate capital towards increasing inventory levels while managing a decline [1]
Ridgeline Minerals Intersects up to 1.8 g/t Oxide Gold in Maiden Drill Program at the Atlas Project, Nevada
NewsfileĀ· 2025-08-08 12:00
Core Insights - Ridgeline Minerals Corp. has announced assay results from its maiden drill program at the Atlas project in Nevada, confirming the potential for a significant gold deposit with grades up to 1.8 g/t gold [1][2][3] Company Overview - Ridgeline Minerals is a discovery-focused precious and base metal explorer with a 200 km² exploration portfolio across seven projects in Nevada, USA [16] - The Atlas project is 100% owned by the company and is an early-stage Carlin-Type oxide gold prospect with no underlying work commitments or royalties [1][15] Drill Program Highlights - The maiden drill program consisted of two core holes totaling 551 meters, targeting favorable Pennsylvanian to Permian age host rocks along a 1-kilometer trend of elevated gold-in-soils and rock chips grading up to 7.7 g/t Au [3][4] - Hole AT25-001 intersected 298 meters of continuous Carlin-Type alteration and mineralization, with individual samples showing up to 1.8 g/t gold [2][5] - Hole AT25-002, drilled approximately 700 meters north of AT25-001, also intersected significant mineralization but with weaker gold values overall [6][8] Geological Context - The Atlas project is located in Eureka County, Nevada, approximately 30 kilometers southwest of Carlin, NV, and exhibits classic Carlin-Type alteration and gold mineralization [15] - The primary target at Atlas is a bulk tonnage, oxide, Carlin-Type gold system, analogous to the nearby Dark Star gold deposit [15] Future Plans - The company plans to continue land consolidation and additional fieldwork throughout the remainder of the 2025 field season, with a goal of a Phase II drill program in 2026 to follow up on the current results [2][6]
CopAur Minerals Refocuses on Flagship Asset and Applies for Permits at Kinsley Mountain, Nevada
NewsfileĀ· 2025-08-07 19:35
Core Viewpoint - CopAur Minerals Inc. has decided to abandon the acquisition of the Royal Vindicator Mine in Georgia and will concentrate on advancing its Kinsley Mountain Oxide Gold Project in Nevada, which is fully owned by the company [1][5]. Group 1: Strategic Focus - The company is processing a permit application to test the reclaimed heap leach pad at the Kinsley Mountain Project and has hired a mine permitting specialist to develop a comprehensive plan for resuming full mine operations and production [2]. - This strategic realignment emphasizes CopAur's commitment to enhancing shareholder value through disciplined project development and focusing on assets with clear upside potential [5]. Group 2: Historical Context and Potential - The Kinsley Mountain Mine was operational from 1995 to 1999, during which gold prices ranged from US$350 to US$370 per ounce. The mine was previously managed by Alta Gold, which exited the asset and later declared bankruptcy [3]. - Since 2020, CopAur and its former partners have completed over 20,000 meters of drilling, indicating potential for expanding the historic Main Pit Oxide Gold Resource. The company believes that the Kinsley Mountain project presents a compelling opportunity for low-cost, near-term gold production, supported by existing infrastructure and a favorable jurisdiction [4][6].
Minerals Technologies Inc. Announces Participation at Upcoming Investor Conferences
GlobenewswireĀ· 2025-08-07 14:24
Company Overview - Minerals Technologies Inc. (MTI) is a technology-driven specialty minerals company based in New York, developing, producing, and marketing a wide range of mineral and mineral-based products, systems, and services [2] - The company serves various consumer and industrial markets, including household, food and pharmaceutical, paper, packaging, automotive, construction, and environmental sectors [2] - MTI reported global sales of $2.1 billion in 2024 [2] Upcoming Events - MTI will participate in two upcoming investor conferences: Seaport Research Partners' Annual Summer Conference on August 19, 2025 (virtual) and Jefferies' Industrials Conference on September 4, 2025 (in-person in New York, NY) [3] - Key representatives at these events include Douglas T. Dietrich (Chairman and CEO), Erik Aldag (CFO), and Lydia Kopylova (Vice President of Investor Relations) [1][3] - At the Jefferies' Industrials Conference, Douglas T. Dietrich will present at 3:30 PM ET and will also engage in one-on-one meetings with individual investors [3]
U.S. Secretary of Labor, Idaho Governor Visit Perpetua Resources to Discuss Stibnite Gold Project Importance to Securing U.S. Jobs and Critical Minerals
PrnewswireĀ· 2025-08-06 23:54
Core Insights - The Stibnite Gold Project is recognized as a "Transparency Project" by the National Economic Development Council, highlighting its strategic importance for U.S. national security and critical mineral supply chains [2][9] - The project is expected to create over 550 direct jobs in rural Idaho during its construction and operational phases, providing family-wage employment opportunities [1][3] - Perpetua Resources has committed to supporting local education through the Stibnite Launch Scholarship, which will fund scholarships for students in the Geosciences and Mining Technician programs at the College of Western Idaho [3][5] Company Overview - Perpetua Resources Corp. focuses on the exploration, site restoration, and redevelopment of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho [9] - The Stibnite Gold Project is one of the highest-grade open-pit gold deposits in the U.S. and aims to restore an abandoned mine site while producing gold and the only domestically mined source of antimony [9] - The project has received over $80 million in funding from the Department of Defense to advance its development, emphasizing its role in meeting U.S. defense needs [2][9] Educational Initiatives - The Stibnite Launch Scholarship will provide $250,000 to support 12 or more students annually in CWI's Geosciences and Mining Technician programs for the next three years [3][5] - This initiative is designed to complement the Idaho LAUNCH grant program, which covers 80% of tuition and fees for eligible students, thereby closing the funding gap for those pursuing education in mining [5][6] - The partnership between Perpetua Resources and CWI aims to enhance hands-on learning and workforce opportunities, ensuring local communities thrive economically [6][4] Government Support - The visit from U.S. Secretary of Labor Lori Chavez-DeRemer and Idaho Governor Brad Little underscores the government's commitment to domestic critical mineral projects and job creation [2][8] - The discussions during the visit included the need for permitting reform to advance critical mining projects and the importance of educational programs like Idaho LAUNCH for workforce readiness [7][8] - Secretary Chavez-DeRemer emphasized the importance of initiatives like the Stibnite Gold Project in securing critical mineral supply chains and creating in-demand jobs [3][8]
Forte Minerals Engages Strategic Advisors, Expands Capital Markets Team, and Launches AI-Powered Investor Tool
GlobeNewswire News RoomĀ· 2025-08-06 11:30
Core Viewpoint - Forte Minerals Corp. is enhancing its capital markets capabilities through strategic partnerships and the launch of an AI-powered investor platform, aiming to improve investor engagement and transparency [1][8]. Group 1: Strategic Partnerships - Forte has engaged Mills Dunlop Capital Partners (MDCP) for strategic advisory services, leveraging their expertise in complex mining transactions and capital markets [2][9]. - The company appointed Kevin Guichon from Port Guichon Strategic Advisory as the Investor Relations and Capital Markets Specialist, who will oversee investor outreach and capital market strategies [4][5]. - Guichon will receive C$4,000 per month and 200,000 stock options at C$0.80 per share for five years, subject to regulatory approval [6]. Group 2: AI-Powered Investor Platform - Forte has launched an AI-powered investor engagement platform in partnership with Versance.ai, providing instant access to regulatory filings and investor insights [11][15]. - The platform allows investors to ask questions and receive reliable responses, compare filings, and access information 24/7 in multiple languages [15]. Group 3: Corporate Update - The company has granted a total of 1,450,000 stock options to directors, officers, and consultants, exercisable at C$0.80 per share, expiring in five years [12]. - Forte Minerals Corp. focuses on high-quality copper and gold assets in Peru, emphasizing responsible resource development for long-term shareholder value [13].
Canadian Critical Minerals Announces the Passing of Founder David W. Johnston
NewsfileĀ· 2025-08-05 12:00
Calgary, Alberta--(Newsfile Corp. - August 5, 2025) - Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) ("CCMI" or the "Company") is deeply saddened to share the news of the passing of David W. Johnston, founder of Braveheart Resources (now Canadian Critical Minerals Inc.). David was a true pioneer in the Canadian mining industry and an active member of the Calgary business community for many years. A former miner with Hudson Bay Mining and Smelting, David went on to become a successful entreprene ...