Total Metals Corp. announces Closing of 2nd and Final Tranches of Flow-Through and Hard Dollar Financings
Thenewswire· 2025-12-19 00:15
December 18, 2025, Toronto, ON – TheNewswire - Total Metals Corp. (“Total Metals” or the “Company”) (TSX-V: TT) (OTCQB: TTTMF) (FSE: O4N) is pleased to announce that, further to its news releases dated November 25, 2025 and December 8, 2025, it has closed the second and final tranche of its non-brokered private placement financing (the “FT Offering”) consisting of Critical Minerals Flow-Through Units (each, a “CMFT Unit”) and National Flow-Through Units (each, a “FT Unit”) for aggregate gross proceeds of C ...
Why Palantir Stock Soared 4.7% Today
The Motley Fool· 2025-12-19 00:14
Palantir bounced back Thursday on inflation news.Shares of Palantir Technologies (PLTR +4.73%) rose on Thursday, finishing the day up 4.7%. The jump came as the S&P 500 and the Nasdaq Composite finished up 0.7% and 1.3%, respectively.The artificial intelligence (AI) company's stock recovered most of Wednesday's decline after a softer-than-expected inflation report raised market hopes of more rate cutting by the Federal Reserve.NASDAQ : PLTRPalantir TechnologiesToday's Change( 4.73 %) $ 8.38Current Price$ 18 ...
Cannabis companies face hurdles accessing big banks despite reclassification, experts say
Reuters· 2025-12-19 00:14
U.S. President Donald Trump's move to relax marijuana regulations could ease some burden for cannabis companies, but will likely keep doors to access capital from big banks closed, experts said. ...
Gold Steady, Supported by Fed Rate-Cut Prospects
WSJ· 2025-12-19 00:10
Core Viewpoint - Gold prices remained stable during the morning Asian session, buoyed by expectations of Federal Reserve rate cuts, which typically increase the attractiveness of gold as a non-interest-bearing asset [1] Group 1 - The stability of gold prices is linked to the anticipation of rate cuts by the Federal Reserve [1] - Rate cuts generally enhance the appeal of gold, as it does not yield interest [1]
Global Markets React to BoJ Hike, Trump’s Defense Bill, and Oracle’s Rebound
Stock Market News· 2025-12-19 00:08
Key TakeawaysOracle (ORCL) shares extended gains to 6% on December 18, buoyed by positive project updates and regulatory progress on its Michigan data center, despite recent investor anxiety over AI-related spending and financing challenges.President Donald Trump officially signed the Fiscal Year 2026 National Defense Authorization Act (NDAA) into law, authorizing a record $901 billion in military spending and including a 3.8% pay raise for troops.The Bank of Japan (BoJ) is set to raise its interest rates t ...
DJT Shares Jump on TAE Technologies Deal as Retail Investors Call It ‘Old School Penny Stock'
247Wallst· 2025-12-19 00:08
Core Insights - Shares of Trump Media & Technology Group experienced a significant increase following the announcement of a $6 billion all-stock merger with TAE Technologies, a fusion energy company [1] Company Summary - Trump Media & Technology Group's stock surged on December 18 due to the merger announcement [1] - The merger is valued at $6 billion and is structured as an all-stock transaction [1] Industry Summary - The merger involves TAE Technologies, which operates in the fusion energy sector, indicating a strategic move towards energy innovation [1]
Kenadyr Metals Completes TSXV Reactivation, Name Change to Algo Grande Copper and 100% Acquisition of the Adelita Project
TMX Newsfile· 2025-12-19 00:08
Core Insights - Algo Grande Copper Corp. has successfully acquired 100% ownership of the 5,895-hectare Adelita Copper-Gold-Silver Project, enhancing its position in the Sonora-Arizona Copper Belt [1][4][11] - The acquisition includes an 80% stake from Infinitum Copper Corp. and a 20% interest from Minaurum Silver Inc., marking a significant milestone for the company [1][6] - The project is anchored by the high-grade Cerro Grande skarn discovery, which remains open along strike and at depth, with an inaugural drilling program currently underway [4][11][12] Acquisition Details - The acquisition was completed through a share purchase agreement with Infinitum and an asset purchase agreement with Minaurum, fulfilling conditions for reactivation on the TSX Venture Exchange [6][8] - Algo Grande will issue 901,600 shares to Infinitum as a post-closing payment related to the financing [7] - The acquisition allows Algo Grande to access and work on the concessions without limitations, pending registration updates [16] Project Overview - The Adelita Project has over US$8 million in historical exploration, including approximately 7,000 meters of drilling and various geophysical surveys [11][32] - Recent reprocessing of legacy data indicates a potential porphyry feeder system at depth beneath the Cerro Grande skarn, suggesting a classic skarn-porphyry mineralization model [12][32] - A Phase 1 program is being executed to delineate the scale of both the high-grade skarn system and the porphyry potential at depth, with a Phase 2 drill program planned for Q2 2026 [12][15] Leadership and Management Changes - Enrico Gay has been appointed as the Chief Executive Officer, and Gord Neal has joined the board of directors, bringing extensive experience in the mining sector [9][10] - The company is strengthening its leadership team to support its growth and exploration initiatives [9] Financial and Operational Updates - Algo Grande has converted 10,198,402 subscription receipts into common shares, with proceeds allocated for exploration expenditures and general working capital [5] - The company has entered into consulting agreements with Euroswiss and GoldInvest to enhance its visibility and investor relations in European markets [20][23][26]
Why Trump Media Stock Skyrocketed Today
The Motley Fool· 2025-12-19 00:07
A game-changing merger is placing the social media platform on a new fusion-fueled path.Shares of Trump Media & Technology Group (DJT +41.93%) surged on Thursday after the company announced a $6 billion merger with TAE Technologies. By the close of trading, DJT's stock price was up more than 40%. Trump Media's cash could propel TAE Technologies' scientific advancesThe union would combine Trump Media's substantial financial resources with TAE's advanced technology to create one of the world's first publicly ...
Retail Investors Bet Against Nebius Despite $19B Market Cap and Analyst Price Targets at $151
247Wallst· 2025-12-19 00:06
Core Insights - Shares of Nebius (NASDAQ: NBIS) have experienced a significant increase of 182% year-to-date, rising from $27.70 to $78.09 [1] Company Summary - Nebius has seen its stock price surge dramatically, indicating strong market performance and investor interest [1]
i-80 Gold Announces Lone Tree Plant Refurbishment Update; Study Highlights Material Increase in Margins and Short Payback Period
Prnewswire· 2025-12-19 00:05
Core Viewpoint - The refurbishment of the Lone Tree Plant is a significant step in i-80 Gold's strategy to transition from toll-milling to an owner-operator processing model, which is expected to enhance margins and free cash flow generation [1][3]. Development Plan - The refurbishment is part of a broader development plan aimed at establishing i-80 Gold as a mid-tier gold producer [1]. - The capital cost estimate for the refurbishment is $430 million, which includes $412 million for direct and indirect costs and $18 million for capital spares [4][17]. Engineering and Technical Aspects - The engineering study conducted by Hatch Ltd. confirms that the refurbishment will involve standard upgrades to improve operational efficiency with low execution risk [3]. - Approximately 30% of detailed engineering is complete, providing improved accuracy in capital cost estimates [3]. - The plant will have a nameplate capacity of 2,268 tonnes per day, processing both refractory and non-refractory materials [4][13]. Financial Projections - The transition to an owner-operated model is projected to reduce processing costs to about one-third, increasing margins by approximately $1,000 to $1,500 per ounce of gold [4][19]. - A potential payback period for the refurbishment is estimated at 12 to 24 months, depending on the grade processed and gold prices [4]. Timeline and Next Steps - Early works have commenced, and construction activities are expected to begin in the second half of 2026, with commissioning anticipated by the end of 2027 [4][22][23]. - The company aims to complete its recapitalization plan by the end of the second quarter of 2026 or earlier [1][19]. Environmental and Compliance Considerations - The refurbishment will include upgrades to meet new environmental compliance standards, such as a new mercury abatement circuit and a tailings filtration system [6][9]. - The company is on track to complete engineering designs for construction and environmental permits by the fourth quarter of 2025, with applications to be submitted in the first quarter of 2026 [20][22]. Company Background - i-80 Gold is focused on building a mid-tier gold producer in Nevada, leveraging its existing infrastructure and strategic asset portfolio [30]. - The Lone Tree property, acquired from Nevada Gold Mines in October 2021, includes significant existing infrastructure and has a history of production [24][30].