Mining
Search documents
Teck Deal With Anglo Faces Indigenous Challenge on Smelter Plan
MINT· 2025-09-18 17:05
Core Viewpoint - An Indigenous group in Canada is planning to challenge the merger between Teck Resources Ltd. and Anglo American Plc unless there is proper consultation regarding expansion plans for a smelter in southern British Columbia [1][5]. Group 1: Indigenous Group's Position - The Osoyoos Indian Band claims that Teck has not engaged meaningfully with them regarding the proposed merger and investments in the Trail operations, which are located on their lands [2][3]. - Chief Clarence Louie stated that the Indigenous group has faced significant negative impacts without any benefits and criticized the companies for planning expansions without consulting First Nations [3][5]. - The Chief emphasized the need for discussions on environmental, cultural issues, and potential job and revenue sharing related to the Trail operations [6]. Group 2: Merger Details - Teck and Anglo American's merger is expected to create a mining giant valued at over $50 billion, with plans to invest up to C$750 million (approximately $544 million) in the Trail operations [3]. - The companies have committed to investing C$4.5 billion in Canada if the merger is approved and relocating their joint headquarters to Vancouver [4]. Group 3: Regulatory Environment - The Canadian government has the authority to block the merger under the Investment Canada Act, which assesses the deal's net benefits to the economy, including job impacts and technological development [4]. - Canadian Industry Minister Melanie Joly indicated that the companies have not yet sufficiently demonstrated the economic advantages of the merger [4]. Group 4: Future Actions - The Osoyoos Indian Band is prepared to take legal action against the companies if the merger proceeds without adequate consultation [9]. - Teck has expressed a commitment to engage meaningfully with Indigenous governments affected by their operations as the merger progresses [8].
Orosur Mining Inc Announces Upsize of Brokered Private Placement up to C$20M
Accessnewswire· 2025-09-18 15:00
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT IN, ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT. THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES IN OROSUR MINING INC. ...
American Resources' ReElement Technologies inks MOU with POSCO to boost rare earth supply chain
Proactiveinvestors NA· 2025-09-18 14:06
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The news team covers key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The team delivers news and insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]
Target initiated, Nike upgraded: Wall Street's top analyst calls
Yahoo Finance· 2025-09-18 13:38
Upgrades Summary - RBC Capital upgraded Nike (NKE) to Outperform from Sector Perform with a price target of $90, increased from $76, citing a "steeper revenue recovery" than market estimates due to new product contributions and World Cup sales [2] - Needham upgraded Amicus (FOLD) to Buy from Hold with a price target of $14, indicating reduced regulatory risk for Amicus' DMX-200 following FDA's decision regarding Travere's Filspari [2] - Goldman Sachs upgraded Stepstone Group (STEP) to Buy from Neutral with a price target of $83, up from $64, expecting a 25% CAGR in management fees from 2024-28 driven by growth in Private Wealth and record levels of shadow AUM [2] - RBC Capital upgraded CSX (CSX) to Outperform from Sector Perform with a price target of $39, increased from $37, viewing CSX shares as well positioned for consolidation scenarios in the railroad sector [2] - Scotiabank upgraded Vale (VALE) to Outperform from Sector Perform with a price target of $14, up from $12.50, anticipating benefits from the upcoming "decarbonization wave" [2]
Standard Uranium inks LOI to option Rocas Project in Athabasca Basin
Proactiveinvestors NA· 2025-09-18 13:29
About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...
Angkor Resources Advances Community Development In Ratanakiri, Cambodia
Thenewswire· 2025-09-18 13:00
Core Viewpoint - Angkor Resources Corp. is actively engaged in community development initiatives in Cambodia, focusing on infrastructure improvements and collaboration with local communities to address their needs [1][2]. Group 1: Community Development Initiatives - Angkor has been leading community development since its entry into Cambodia, emphasizing the importance of collaboration with local communities to find solutions to their needs [2]. - The company has agreements with Indigenous Communities to address various areas such as education, water and sanitation, agricultural improvements, and infrastructure [3]. - Angkor's model encourages communities to identify and create their own solutions, positioning the company as a trusted partner [4]. Group 2: Infrastructure Projects - A recent project involved the repair and reinforcement of a community bridge, where Angkor contributed $200 towards steel components while the community sourced materials locally [4]. - The company also supports educational initiatives by providing solar lamps for evening English classes in rural communities, enhancing learning conditions [6][8]. Group 3: Company Overview - Angkor Resources Corp. is a public company listed on the TSX-Venture Exchange, focusing on mineral and energy solutions in Cambodia and Canada [9]. - The company is involved in carbon capture and gas conservation projects in Saskatchewan, Canada, as part of its commitment to environmental and social projects [9].
Atha Energy Closes Over-Subscribed Bought Deal - Makes Third New Discovery of 2025 Exploration Program at RIB West and Continues to Expand Mineralization at RIB East
Accessnewswire· 2025-09-18 12:50
Core Insights - ATHA has successfully closed a previously announced CAD $11.5 million over-subscribed bought deal [1] - The first two drill holes at the RIB West Discovery have intersected uranium mineralization over a strike length of approximately 340 meters [1] - This marks the third new discovery of uranium mineralization during the 2025 Angilak Exploration Program within the Angikuni Basin [1] - The RIB East Discovery is defined by eight mineralized drill holes, indicating shallow uranium mineralization across 7 million acres [1] - ATHA holds a 10% carried interest in key exploration projects in the Athabasca Basin operated by NexGen Energy Ltd [1]
World Copper Provides Plata Latina Transaction Update and Announces Termination of At-The-Market Equity Program
Newsfile· 2025-09-18 12:00
World Copper Provides Plata Latina Transaction Update and Announces Termination of At-The-Market Equity ProgramSeptember 18, 2025 8:00 AM EDT | Source: World Copper Ltd.Vancouver, British Columbia--(Newsfile Corp. - September 18, 2025) - World Copper Ltd. (TSXV: WCU) (OTCQB: WCUFF) (FSE: 7LY0) ("World Copper" or the "Company") is pleased to provide an update on the recently announced definitive arrangement agreement (the "Arrangement Agreement") entered into between Plata Latina Minerals Corpo ...
Harsco Environmental Expands Presence in Central Europe With Two New Contracts in Slovakia
Globenewswire· 2025-09-18 12:00
Core Insights - Harsco Environmental has signed two new contracts in Slovakia, focusing on briquetting and scrap cleaning, aimed at enhancing sustainability and operational efficiency for major industrial players [1][2] Group 1: Contract Details - The first contract is a five-year agreement for briquetting with Carmeuse, a leading Belgian mining company [1] - The second contract is a three-year agreement for scrap cleaning with U.S. Steel Košice, Slovakia's largest steel producer [1] - Both projects will be executed at the U.S. Steel Košice facility, marking Harsco Environmental's return to this site [2] Group 2: Strategic Importance - The contracts align with Harsco Environmental's strategy to strengthen its presence in Central Europe [2] - The collaboration with Carmeuse and U.S. Steel Košice aims to improve environmental performance and drive economic growth in the region [2] - This initiative is expected to create lasting changes that benefit both partners and the environment [2] Group 3: Service Offerings - The briquetting process will recycle lime production byproducts onsite, transforming waste into valuable resources and reducing carbon emissions [4] - Scrap cleaning services will enhance furnace yield, produce high-quality steel, and ensure stringent control over incoming scrap materials [4] - These processes are designed to reduce contaminants, optimize carbon management, and lead to better product consistency and cost savings [4] Group 4: Company Overview - Harsco Environmental is the largest provider of onsite material processing and environmental services to the global metals industry, operating at over 130 customer sites in more than 32 countries [3] - The company focuses on delivering cleaner and more efficient metal production through economically and environmentally viable solutions [3]
St. Augustine Shareholders Approve Amended and Restated Stock Option Plan and Private Placement with Nicolaos Paraskevas
Newsfile· 2025-09-18 11:00
Manila, Philippines--(Newsfile Corp. - September 18, 2025) - St. Augustine Gold and Copper Limited (TSX: SAU) ("St. Augustine" or the "Company") is pleased to announce that shareholders approved all matters of business at the Special Meeting of Shareholders held virtually via Zoom on September 12, 2025.Shareholders voted in favor of:Amended and Restated Stock Option PlanApproved by 99.12% of votes cast (649,221,184 votes FOR; 5,766,161 votes AGAINST).The plan replaces the Legacy Option Plan and aligns dire ...