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CORRECTION -- Minerals Technologies Inc. Announces 2024 Fourth Quarter and Full Year Financial Results
Globenewswire· 2025-02-06 23:08
In the release issued under this headline earlier today by Minerals Technologies Inc. (NYSE: MTX), there was an error in the condensed consolidated balance sheet table. The corrected release follows: Record Fourth Quarter and Full Year Operating Income and Earnings Per Share Excluding Special ItemsDelivered Full Year Operating Margin a Year Ahead of TargetContinued Strong Free Cash FlowImproved Balance Sheet Strength by Increasing Liquidity and Extending Debt Maturities NEW YORK, Feb. 06, 2025 (GLOBE NEWSWI ...
MTI(MTX) - 2024 Q4 - Annual Results
2025-02-06 22:07
EXHIBIT 99.1 News Release Minerals Technologies Inc. Announces 2024 Fourth Quarter and Full Year Financial Results NEW YORK, February 6, 2025 – Minerals Technologies Inc. (NYSE: MTX) ("MTI" or "the Company") today reported earnings per share for the fourth quarter ended December 31, 2024, of $1.68, or $1.50 per share excluding special items. For the full year 2024, reported earnings per share were $5.17, or $6.15 per share excluding special items. "This was an outstanding year for MTI. We delivered record o ...
Minerals Technologies Inc. Announces 2024 Fourth Quarter and Full Year Financial Results
Newsfilter· 2025-02-06 22:01
Record Fourth Quarter and Full Year Operating Income and Earnings Per Share Excluding Special ItemsDelivered Full Year Operating Margin a Year Ahead of TargetContinued Strong Free Cash FlowImproved Balance Sheet Strength by Increasing Liquidity and Extending Debt Maturities NEW YORK, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE:MTX) ("MTI" or "the Company") today reported earnings per share for the fourth quarter ended December 31, 2024, of $1.68, or $1.50 per share excluding special i ...
Wealth Minerals Acquires the Pabellon Lithium Project
Newsfile· 2025-02-06 13:30
Vancouver, British Columbia--(Newsfile Corp. - February 6, 2025) - Wealth Minerals Ltd. (TSXV: WML) (OTCQB: WMLLF) (SSE: WMLCL) (FSE: EJZN) - (the "Company" or "Wealth") announces it has executed a non-binding Letter of Intent (the "LOI") to enter into an option agreement giving it the right to acquire a 100% royalty-free interest in a portfolio of exploration concession called the Pabellón Lithium Project ("Pabellón"). Pabellón is included on the Chilean Ministry of Mining's short list for locations that ...
Nord Precious Metals Executes Non-Binding MOU Processing Agreement with Electra Battery Materials, Advancing Critical Minerals Recovery Initiative
Thenewswire· 2025-02-06 13:00
 February 6, 2025 – TheNewswire - Nord Precious Metals Mining Inc. (TSX-V: NTH; OTCQB: CCWOF; FRANKFURT: 4T9B) (the "Company" or "Nord") has established a framework with Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) to process cobalt-bearing silver concentrates at Electra's Ontario cobalt sulfate refinery, marking a significant step in the recovery of valuable metals from legacy mining sites. The Memorandum of Understanding comes as mining companies and governments grapple with both cri ...
Atomic Minerals Corp. Announces Listing on the Frankfurt Stock Exchange Under the Symbol DO80
Newsfile· 2025-02-06 12:00
Atomic Minerals Corp. Announces Listing on the Frankfurt Stock Exchange Under the Symbol DO80February 06, 2025 7:00 AM EST | Source: Atomic Minerals Corp.Vancouver, British Columbia--(Newsfile Corp. - February 6, 2025) - Atomic Minerals Corporation (TSXV: ATOM) ("ATOMIC MINERALS" or the "Company") is pleased to announce that its shares are now listed for trading on the Frankfurt Stock Exchange ("FSE") under the symbol "DO80". This listing will enhance the Company's visibility and accessibility ...
Royal Road Minerals Announces Issue of Stock Options
Newsfile· 2025-02-04 22:00
Toronto, Ontario--(Newsfile Corp. - February 4, 2025) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road" or the "Company") announces that, effective February 1, 2025, it has granted an aggregate 4,400,000 stock options to purchase ordinary shares (the "Shares") in the capital of the Company exercisable at a price of $0.15 per Share for a period of two (2) years to certain employees and consultants of the Company. The Shares issuable upon exercise of the options are subject to a four month hold period ...
Wealth Minerals and the Quechua Indigenous Community of Ollague Sign Agreement to Jointly Develop the Kuska Lithium Project
Newsfile· 2025-02-03 13:30
Core Viewpoint - Wealth Minerals Ltd. has entered into a joint venture agreement with the Quechua Indigenous Community of Ollagüe to develop the Kuska Lithium Project, emphasizing community participation and transparency in the mining process [1][2][5]. Company Overview - Wealth Minerals Ltd. is focused on the acquisition and development of lithium projects in South America, with interests in Canada and Chile [6]. - The company aims to capitalize on the increasing demand for lithium and other battery metals, positioning itself as a major beneficiary of the supply-demand mismatch in the industry [7]. Project Details - The Kuska Lithium Project is located in the Ollagüe Salar, Antofagasta region, northern Chile, and is currently 100% owned by Wealth Minerals [3]. - The maiden resource report estimates 741,000 tons of Lithium Carbonate Equivalent (LCE) indicated resources with an average lithium grade of 175 mg/L, and 701,000 tons of inferred resources grading 185 mg/L [3]. - A Preliminary Economic Assessment (PEA) indicates a potential output of 20,000 metric tons per annum (tpa) of LCE and a Life of Mine (LOM) of 20 years, with a Pre-Tax NPV of US$1.65 billion and an Internal Rate of Return (IRR) of 33% [3]. Regulatory Environment - The Government of Chile has approved the Ollagüe Salar as one of the prioritized locations for lithium project development, which will facilitate the Kuska Project's access to a special lithium operation contract [4]. Community Engagement - The joint venture structure allows the Quechua Indigenous Community to hold a 5% free-carried interest in the JV and one director seat, ensuring their involvement in decision-making and project management [2][5]. - The partnership is seen as a significant step for the community, allowing them to manage their territory and ensure environmental protection [5][6].
Turning Resources into Results: Talon's 2024 Achievements Set to Redefine U.S. Critical Minerals Supply Chains in 2025 and Beyond
Newsfile· 2025-02-03 12:00
Turning Resources into Results: Talon's 2024 Achievements Set to Redefine U.S. Critical Minerals Supply Chains in 2025 and BeyondProgress in Minnesota's environmental review process and exploration successes have enabled Talon to establish a Feasibility Design Basis for a Tamarack mine and the North Dakota Minerals Processing Facility backed by the Department of Energy. In 2024, Talon also made the first high-grade nickel-copper discovery in Michigan since 2016, just 8 miles from the Eagle Min ...
New Zealand Government Publishes Its Critical Minerals List - Naming Gold and Antimony. RUA GOLD Provides Exploration Update on the Reefton Project's Extensive Antimony Potential
Newsfile· 2025-02-03 12:00
Core Insights - The New Zealand government has published its Critical Minerals List, which includes gold and antimony, highlighting the strategic importance of these minerals for the country's future [1][9] - Rua Gold Inc. is actively exploring the Reefton Project, which has significant antimony potential, and is focused on expanding its existing resources [2][5] Company Updates - Rua Gold has commenced drilling at the Auld Creek antimony-gold prospect, which already has an established antimony resource [5][10] - The company reported that rock chip samples from the Reefton District have shown antimony grades of up to 40.3% and gold grades up to 74.3g/t, indicating a strong potential for high-grade mineralization [6][20] - The company controls over 120,000 hectares in the Reefton Gold District, which historically produced over 2 million ounces of gold [24] Industry Context - Antimony prices have surged, increasing by 250% in 2024 to over US$40,000 per tonne, driven by heightened demand and limited supply primarily controlled by China, Russia, and Tajikistan [6][9][8] - The designation of antimony as a critical mineral by multiple countries, including New Zealand, reflects its growing importance in various sectors such as renewable energy and defense [8][9] - The strategic focus on securing alternative sources of antimony has intensified due to geopolitical tensions and export controls from major producing countries [8][9]