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Why Standard Lithium Stock Is Soaring Today
The Motley Fool· 2025-07-10 20:31
Shares of Standard Lithium (SLI 14.23%) jumped on Thursday, finishing the day up 11.7%. The rise came as the S&P 500 (^GSPC 0.27%) gained 0.3% and the Nasdaq Composite (^IXIC 0.09%) was flat.Standard Lithium moved higher alongside much of the industry after MP Materials announced it had inked a major deal with the Department of Defense (DoD).This mining company has a new shareholderMP, which owns the sole operating rare earth mine in the US, announced this morning that the Pentagon is purchasing $400 millio ...
Placing and Subscription to raise £2,712,000
Globenewswire· 2025-06-16 06:00
Core Viewpoint - Vast Resources plc has successfully raised gross proceeds of £2,712,000 through a subscription and placing of new ordinary shares, aimed at enhancing its operational capabilities and financial support for ongoing projects [2][3]. Fundraising Details - The fundraising consists of a subscription for 60,571,428 new ordinary shares and a placing of 714,285,713 new ordinary shares at a price of 0.35p per share [2]. - The funds raised will be allocated for the primary beneficiation of diamond parcels, supporting a new technical team, and general working capital [3]. Admission and Share Capital - Applications will be made for the new ordinary shares to be admitted to trading on AIM, with the first admission expected around 19 June 2025 [4]. - Following the first admission, the total issued share capital will increase to 3,172,178,785 ordinary shares, with subsequent admissions raising it to 3,513,875,213 and 3,886,464,498 shares [6]. Company Overview - Vast Resources plc is an AIM-listed mining company with operations in Romania, Tajikistan, and Zimbabwe, focusing on advancing high-quality mining projects [9]. - The company owns the Baita Plai Polymetallic Mine in Romania, which has a JORC compliant resource report indicating a total mineral resource of 15,695 tonnes copper equivalent [10]. - In Tajikistan, Vast has a joint venture for the Takob Mine, providing a 12.25% royalty on sales, and is also managing the Aprelevka gold mines, aiming to increase production [13][14].
Agnico Eagle: Upping My Target Again Amid Soaring Gold Prices
Seeking Alpha· 2025-06-03 16:31
The VanEck Gold Miners ETF ( GDX ) notched a fresh multi-year high to jump-start June. Shares of the gold mining equity fund have been hot so far in 2025, up by more than 50%. Its largest component, Agnico Eagle Mines (Freelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficient way. My passion is putting a narrative to fina ...
U.S. Gold Corp Announces Participation in THE Mining Investment Event, Quebec City, Canada, June 3-5, 2025
Prnewswire· 2025-05-29 12:47
CHEYENNE, Wyo., May 29, 2025 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (Nasdaq: USAU) is pleased to announce that we will be participating in THE Mining Investment Event (the "Event"), Canada's only Tier 1 Global Mining Investment Conference©, taking place June 3-5, 2025, at the Quebec Convention Centre in Quebec City, Canada.U.S. Gold's management will be available to meet, and hold scheduled one-on-one investor meetings throughout the three-day Event.Speaking about ...