Workflow
Critical minerals development
icon
Search documents
Chalice Mining Limited (CGMLF) Discusses Gonneville Project Pre-Feasibility Study and Strategic Development Outlook Transcript
Seeking Alpha· 2025-12-10 23:23
PresentationAlexander DorschMD, CEO & Executive Director Good morning, everyone. Obviously, a major milestone today for Chalice Mining with the release of our pre-feasibility study for our world-class Gonneville project in WA. This is a major step forward for the company and for the asset. And I guess what we've released today confirms what we've known for a while here, which is that we have a standout development project and a standout opportunity in the critical minerals space and very much a very unique ...
Strategic Resources Files Application with Canada's Major Projects Office
Prnewswire· 2025-12-01 14:46
Core Viewpoint - Strategic Resources Inc. has filed a project intake request with the Canadian Federal Government's Major Projects Office to advance its BlackRock Project, which is crucial for securing the supply chain of vanadium and titanium in Canada [1][2]. Group 1: Project Overview - The BlackRock Project is the only fully permitted vanadium mine and metallurgical plant in Canada, representing a multi-billion-dollar investment aimed at enhancing the security of high purity iron for Canadian and allied markets [2]. - The project is strategically located at the federally owned Port of Saguenay, which is receiving significant investments from the Government of Canada to support large-scale industrial projects [2]. - Strategic Resources has secured a long-term lease at Port Saguenay's newly created industrial park, making it the most advanced project in the area [2]. Group 2: Initial Phase and Production Plans - The initial phase of the BlackRock Project includes the installation of a high purity iron pellet plant, which will process iron ore concentrate from the Labrador Trough for shipment to steel manufacturers in Canada, the US, and Europe [3]. - The planned production capacity for the high-purity iron ore pelletizer is 4 million tonnes per year [5]. Group 3: Engagement with Government - The management team of Strategic Resources intends to engage with the Major Projects Office in the coming weeks to be recognized as a major project under their new mandate [4]. Group 4: Company Profile - Strategic Resources Inc. is focused on developing critical minerals and aims to become a supplier of green steel inputs, with projects in Canada and Finland [5]. - The company’s head office is located in Montreal, Québec [5].
Armory Mining Plans Exploration Program at the Ammo Antimony-Gold Project
Thenewswire· 2025-11-20 08:05
Core Insights - Armory Mining Corp. has initiated planning for a phase one exploration program at the Ammo antimony-gold project in Nova Scotia, Canada [1][3] - The Ammo project encompasses over 3,000 hectares and is adjacent to the historical West Gore antimony-gold mine, which produced these minerals prior to World War I [2] - The initial phase will involve prospecting, reconnaissance, sampling, and geophysics, with a budget of up to $500,000 CAD allocated for this exploration [3] Company Overview - Armory Mining Corp. focuses on minerals critical to the energy, security, and defense sectors [6] - The company holds an 80% interest in the Candela II lithium brine project in Argentina and a 100% interest in the Riley Creek antimony-gold project in British Columbia, along with an option to acquire a 100% interest in the Ammo project [6] Strategic Goals - The CEO emphasized the importance of identifying domestic sources of critical minerals and advancing current assets [4]
Spartan Metals Commences Trading on the OTCQB under Symbol SPRMF
Thenewswire· 2025-11-17 17:25
Core Viewpoint - Spartan Metals Corp. has commenced trading on the OTCQB Venture Market in the U.S. under the symbol "SPRMF", while continuing to trade on the TSX Venture Exchange under the symbol "W" [1][2]. Company Overview - Spartan Metals is focused on developing critical minerals projects in top-tier mining jurisdictions in the Western United States, emphasizing a portfolio of strategic defense minerals such as Tungsten, Rubidium, Antimony, Bismuth, and Arsenic [5]. - The flagship project, the Eagle Project in eastern Nevada, consists of the highest-grade historic tungsten resource in the USA, along with significant under-defined resources of high-grade rubidium, antimony, bismuth, indium, and precious and base metals [6][7]. Trading and Market Access - The OTCQB listing is aimed at enhancing marketing efforts and introducing the company to a broader audience of potential U.S. investors, providing access to a larger pool of equity capital and improved trading liquidity [2][3]. - Spartan's common shares are now eligible with the Depository Trust Company (DTC), allowing for efficient electronic clearing and settlement of trades in the U.S. [2]. Investor Relations - Effective November 20, 2025, Spartan has engaged ValPal Management Consultancy for a 12-month investor-focused media campaign at a cost of US$8,000, subject to regulatory approval [4].
The Metals Company Announces Third Quarter 2025 Corporate Update
Globenewswire· 2025-11-13 21:01
Core Insights - TMC the metals company Inc. has reported significant progress in its development of critical metals, with a focus on deep-sea polymetallic nodules, which are essential for energy, defense, and manufacturing sectors [1][3] - The company has completed a Pre-Feasibility Study and Initial Assessment, marking a major milestone and positioning itself strongly amid increasing public and private investments in critical minerals [3][4] - TMC's financial position is robust, with $121 million in cash and total liquidity of $165 million, indicating no immediate need for public market financing [3][15] Financial Highlights - For Q3 2025, TMC reported a net loss of approximately $184.5 million, or $0.46 per share, compared to a net loss of $20.5 million, or $0.06 per share, in Q3 2024 [9][16] - The company had cash reserves of approximately $115.6 million as of September 30, 2025, and used $11.5 million in operations during the quarter [9][15] - Exploration and evaluation expenses decreased to $9.6 million from $11.8 million year-over-year, attributed to reduced environmental study costs [17] Operational Highlights - TMC announced two economic studies with a combined Net Present Value (NPV) of $23.6 billion, demonstrating the economic viability of its NORI-D Project [7] - The company declared a world-first of 51 million tonnes of probable mineral reserves for its polymetallic nodule project [7] - TMC successfully produced battery-grade manganese sulfate from nodule-derived manganese silicate, showcasing its capability to meet modern industry demands [5][8] Industry Developments - The U.S. government is showing support for seabed mineral exploration, with NOAA's proposed rule under White House review to streamline the permitting process [4][12] - All four metals contained in TMC's nodules have been added to the U.S. Critical Minerals List, enhancing their strategic importance [14] - The U.S. and Japan are collaborating on developing rare earths from seabed minerals, indicating a strategic move towards leading in the deep-sea minerals industry [13]
Titan Delivers Strong Q3 Results and Nears Construction Completion of Graphite Facility
Globenewswire· 2025-11-05 11:00
Core Insights - Titan Mining Corporation reported strong financial and operational results for Q3 2025, marking a significant inflection point as it transitions into critical minerals production, particularly natural flake graphite [1][5]. Financial and Operating Performance - Payable zinc produced in Q3 2025 was 14.64 million pounds, a 76% increase from Q3 2024, with year-to-date production totaling 45.52 million pounds [6][7]. - Revenues reached $16.8 million, up 102% compared to Q3 2024 [7]. - C1 cash costs decreased by 23% year-over-year to $1.01 per pound, while all-in sustaining costs (AISC) fell by 16% to $1.13 per pound [7][8]. - Operating cash flow for Q3 was $5.0 million, with a total of $7.1 million year-to-date [7]. Strategic and Corporate Developments - The company secured a Letter of Interest from the US EXIM Bank for up to $120 million to support the construction of a commercial graphite facility, aligning with U.S. supply-chain priorities [5][7]. - The commissioning of the graphite demonstration facility is underway, expected to be completed in Q4 2025, marking the first end-to-end natural graphite production in the U.S. in over 70 years [5][10]. - Titan identified significant concentrations of germanium at the Empire State Mine, with initial plant-feed showing promising grades [7]. Exploration and Operations - A total of 12,803 feet of exploration drilling was completed, with ongoing drilling planned for Q4 2025 [11]. - Mining operations continued in key zones, with a new 40-ton underground haul truck delivered to enhance production capabilities [9].