May 15, 2025 – TheNewswire - Vancouver, British Columbia, Rockland Resources Ltd. (the "Company" or "Rockland") (CSE: RKL) (OTCQB: BERLF) (FSE: GB2), an exploration company focussed on advancing its beryllium projects in Utah, is pleased to welcome Mr. Taylor Sulik to its Advisory Board. Mr. Sulik is a seasoned U.S. intelligence and security professional, with more than seven years of experience with the United States Coast Guard across a variety of security and intelligence roles. In addition, he is presid ...

NEW YORK, May 14, 2025 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), a leading explorer of the world’s largest undeveloped resource of critical metals essential to energy, defense, manufacturing, and infrastructure, today provided a corporate update and first quarter results for the period ending March 31, 2025. Q1 2025 Financial Highlights Total liquidity of approximately $43.8 million at March 31, 2025, including cash of $2.3 million ERAS/Barron facility increased ...

TORONTO, May 14, 2025 (GLOBE NEWSWIRE) -- Critical One Energy Inc. (formerly Madison Metals Inc.) (“Critical One” or the “Company”) (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF0) is pleased to announce that the Company has discovered significant antimony, including an interval in drill hole MC-V3-79-22 that assayed up to 75% antimony within core internal of 5.37% antimony over 8.35 metres, as well as gold assays in the extensive collection of historical records of the Howells Lake Antimony-Gold Project (“Howells La ...

Core Insights - First Atlantic Nickel Corp. has reported positive assay results from drill hole AN-24-05, confirming a 400-meter north-south mineralized strike length at the RPM Zone, with an average of 0.23% nickel and 0.29% chromium over 396 meters [1][4][7] - The Phase 1 drilling program has established a 400-meter by 500-meter mineralized footprint at the RPM Zone, with all four drill holes ending in mineralization, indicating significant potential for further expansion [2][5][11] - Phase 2 drilling commenced on May 7, 2025, targeting extensions of the RPM Zone in multiple directions, with ongoing metallurgical testing to assess the suitability of the mineralization for commercial processing [2][10][17] Phase 1 Drilling Results - Drill hole AN-24-05 intersected 396 meters grading 0.23% nickel and 0.29% chromium, starting after 6 meters of overburden [4][6] - The hole reached a total depth of 402 meters and ended in mineralization, indicating further expansion potential [4][7] - Awaruite mineralization was consistently observed across all Phase 1 holes, reinforcing the potential for additional discoveries [5][22] Phase 2 Drilling Program - The fully funded Phase 2 program aims to expand the mineralized footprint established in Phase 1, with strategic step-out drilling planned in various directions [10][11] - The program will explore deeper mineralization and assess geological continuity between the RPM Zone and nearby areas [12][11] - Enhanced drilling capabilities and full road access are expected to improve efficiency and reduce costs during the Phase 2 program [11][10] Metallurgical Testing - Davis Tube Recovery (DTR) testing is underway for drill holes AN-24-04 and AN-24-05 to evaluate magnetically recoverable nickel content [17][22] - Initial DTR results from earlier holes indicated an average of ~1.35% nickel in magnetic concentrates, supporting a low-energy processing approach [17][22] - The processing method aligns with sustainable development objectives and North America's critical minerals strategy, particularly in light of new regulations under the US Inflation Reduction Act [22][31] District-Scale Potential - The RPM Zone is part of a 30-kilometer ultramafic ophiolite nickel trend, with significant exploration upside across the region [2][5] - Historical drilling and recent discoveries have confirmed the presence of awaruite mineralization across a 26-kilometer strike length within the Atlantic Nickel Project [5][22] - Awaruite's unique properties allow for cleaner processing compared to conventional nickel sources, enhancing North America's domestic critical minerals supply chain [22][25]

TORONTO, May 13, 2025 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) today announced the filing of its first quarter 2025 financial reports. Highlights from the Quarter: Leadership Strengthening – In January, Electra welcomed Marty Rendall as Chief Financial Officer (CFO), followed by the appointment of Alden Greenhouse to the Board of Directors in February, together bringing additional financial and critical minerals strategic bench streng ...

Financial Data and Key Metrics Changes - In Q1 2025, adjusted EBITDA was $10 million, down from $29 million in Q4 2024, with a net loss of $9 million compared to a net income of $4 million in Q4 2024 [31] - Class A EPS showed a loss of $0.19 in Q1 versus a gain of $0.06 in Q4 [31] - Key U.S. metallurgical coal indices fell 3% in Q1 compared to Q4, while the Australian benchmark index dropped approximately 9% during the same period [32] Business Line Data and Key Metrics Changes - Company-wide production reached a quarterly record of 1 million tons, annualizing to 4 million tons, despite losing about 150,000 tons due to adverse weather conditions [8][41] - Cash cost per ton sold was under $100 for the second consecutive quarter, placing the company in the first quartile of U.S. metallurgical coal producers [8][33] - The company is reducing its 2025 production guidance to between 3.9 million to 4.3 million tons, down from previous expectations of 4.2 million to 4.6 million tons [36] Market Data and Key Metrics Changes - The metallurgical coal market remains under pressure, driven by weak steel mill profitability and strong Chinese steel exports, which have negatively impacted global steel prices [53][54] - The Australian premium low vol index increased to $190.5 per ton, up from a recent low of $166, driven by supply disruptions and steady restocking demand [51] - Domestic end users are taking shipments at a consistent rate, with commitments of 3.7 million tons at an average fixed price of $152 per ton [50] Company Strategy and Development Direction - The company is focused on not forcing production into a weak market, maintaining the option to increase production if market conditions improve [10] - Plans to expand production by an additional 2 million tons are in place, contingent on market clarity, with a potential increase in production capacity from the Maven Low Vol Complex and Berwind Complex [11] - The Brookline Rare Earth project is seen as a significant opportunity, with plans to initiate large-scale mining in June and construction of a pilot plant expected to begin later in the summer [23][28] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about potential market recovery, citing recent increases in Australian benchmark prices and anticipated supply cuts from higher-cost producers [12] - The company is well-positioned to withstand near-term market weakness due to strong liquidity and a solid balance sheet [39] - Management remains cautious about the current market conditions but is optimistic about the long-term potential of the critical minerals market [30] Other Important Information - The company has appointed Mike Wolichuk as Executive Vice President to oversee the Critical Minerals project, bringing over 30 years of experience in the field [15] - The Brook Mine is projected to produce approximately 1,400 metric tons of critical mineral oxides per year, with over 95% of expected revenue derived from a basket of seven rare earth elements and critical minerals [22] Q&A Session Summary Question: What is the guidance for sales mix and cost improvements moving into the second half? - Management indicated that Q2 sales guidance implies a pickup in the back half of the year, with costs expected to be at the higher end of the range due to lower tonnage [64][65] Question: Could the Brook Mine be included in the Fast 41 projects for federal benefits? - Management clarified that the Brook Mine was not included as it already has permits, but they are exploring federal assistance for financing and procurement [68][71] Question: Is there a desire to bring in a financing or operating partner for the Brook Mine? - Management stated they are not seeking a joint venture partner and plan to finance the project independently, leveraging existing partnerships for development [76][77] Question: What is the breakdown of CapEx for sustaining versus growth projects? - Management noted a reduction in CapEx guidance, with a focus on maintenance CapEx and deferring some growth projects due to current market conditions [82][83] Question: What are the implications of met coal being declared a potential critical mineral? - Management expressed hope for federal support but noted that immediate benefits are uncertain; they anticipate potential assistance with permitting [88][90]

Aqua Metals (AQMS) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Company Participants Bob Meyers - Investor RelationsSteve Cotton - CEO, President & DirectorJudd Merrill - CFOEric West - CFO Conference Call Participants Mickey Legg - Equity Research Analyst Bob Meyers Any forward looking statements. The company does not undertake and specifically disclaims any obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur, except as required by law. As a r ...

Aqua Metals (AQMS) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Speaker0 Any forward looking statements. The company does not undertake and specifically disclaims any obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur, except as required by law. As a reminder, after the formal remarks, we will be taking questions. Questions will be accepted on the call from analysts, and all other investors can submit a question using the webcast portal provid ...

United States Antimony (UAMY) Q1 2025 Earnings Call May 08, 2025 04:15 PM ET Company Participants Gary Evans - CEO & ChairmanRichard Isaak - Senior VP & CFOJoe Bardswich - EVP, Chief Mining Officer & DirectorJonathan Miller - VP of Investor Relations & Global Sales Manager Operator Welcome to the United States Antimony Corporation First Quarter twenty twenty five Financial and Operational Results Meeting. At this time, all participants are in a listen only mode. A question and answer session will follow the ...

United States Antimony (UAMY) Q1 2025 Earnings Call May 08, 2025 04:15 PM ET Speaker0 Welcome to the United States Antimony Corporation First Quarter twenty twenty five Financial and Operational Results Meeting. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. Please note this webcast is being recorded. I will now turn the webcast over to your host, Gary C. Evans, Chairman and CEO. You may begin. Speaker1 Thank you, sir, and thank a ...