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Blue Moon Metals Announces Voting Results from Annual and Special Meeting and Welcomes new Norwegian-based Board Members
Prnewswire· 2025-11-13 21:11
All seven elected directors will serve on the Company's Board of Directors (the "Board") until the next annual meeting of shareholders or until their successors are elected or appointed. Accessibility StatementSkip Navigation TORONTO, Nov. 13, 2025 /PRNewswire/ - Blue Moon Metals Inc. ("Blue Moon" or the "Company") (TSXV: MOON) (OTCQX: BMOOF), is pleased to report the voting results from the Company's Annual General and Special Meeting of Shareholders (the "Meeting"), which was held earlier today in Toront ...
American Pacific Announces Sale of Palmer Copper-Zinc VMS Project to Vizsla Copper for $15 Million in Equity plus up to $15 Million in Milestone Payments
Newsfile· 2025-11-13 12:00
American Pacific Announces Sale of Palmer Copper-Zinc VMS Project to Vizsla Copper for $15 Million in Equity plus up to $15 Million in Milestone PaymentsNovember 13, 2025 7:00 AM EST | Source: American Pacific Mining Corp.Vancouver, British Columbia--(Newsfile Corp. - November 13, 2025) - American Pacific Mining Corp. (CSE: USGD) (OTCQX: USGDF) (FSE: 1QC1) ("American Pacific" or the "Company") is pleased to announce that it has entered into a share purchase agreement (the "Share Purchase Agree ...
HudBay Minerals (HBM) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2025-11-12 15:31
Core Insights - HudBay Minerals reported a revenue of $346.8 million for the quarter ended September 2025, marking a year-over-year decline of 28.6% and an EPS of $0.03 compared to $0.13 a year ago, falling short of the Zacks Consensus Estimate of $413.19 million by 16.07% [1] - The company experienced a significant EPS surprise of -50%, with the consensus EPS estimate being $0.06 [1] Financial Performance Metrics - The stock of HudBay Minerals has returned -2.6% over the past month, contrasting with the Zacks S&P 500 composite's +4.6% change, and currently holds a Zacks Rank 3 (Hold) [3] - Contained metal production in concentrate and dore for Gold in Manitoba was 22,441 Oz, below the analyst average estimate of 28,683.98 Oz [4] - Payable metal sold for Gold in British Columbia was 5,363 Oz, slightly below the average estimate of 5,642.27 Oz [4] - Contained metal production for Copper in British Columbia was 5,249 Ton, significantly lower than the estimated 8,020.04 Ton [4] - Contained metal production for Silver in British Columbia was 50,816 Oz, compared to the analyst average estimate of 72,086.99 Oz [4] Revenue Breakdown - Revenue from external customers in Peru was $164.6 million, down 21.6% year-over-year and below the average estimate of $225.63 million [4] - Revenue from external customers in British Columbia was $77.5 million, representing a year-over-year increase of 7.8%, but below the average estimate of $92.66 million [4] - Revenue from external customers in Manitoba was $104.7 million, reflecting a significant year-over-year decline of 48.7% compared to the average estimate of $118.37 million [4] - Total revenue from contracts was $337 million, below the estimated $386.73 million [4] - Revenue from contracts for Molybdenum was $14 million, slightly above the estimate of $13.56 million, but down 16.7% year-over-year [4] - Revenue from contracts for Gold was $125.5 million, compared to the average estimate of $118.92 million, representing a year-over-year decline of 28.9% [4] - Revenue from contracts for Silver was $9.1 million, significantly below the average estimate of $20.76 million, with a year-over-year change of -28.4% [4] - Revenue from contracts for Copper was $178.8 million, below the average estimate of $227.4 million, reflecting a year-over-year decline of 31.6% [4]
Washington Blinks – Markets Rally
Investor Place· 2025-11-11 01:53
Government Shutdown and Economic Sentiment - Lawmakers in the Senate voted 60–40 to advance a stopgap funding bill to reopen the government through late January, with a separate vote on Affordable Care Act subsidies planned for December [2] - Stocks rallied following the news, with the Nasdaq up nearly 2%, as the reopening of the government is expected to restore key economic data and reduce uncertainty in the market [3] - The University of Michigan consumer sentiment survey indicated a significant decline, with a reading of 50.3, down 6.2% month-over-month and about 30% year-over-year, reflecting concerns over inflation, high borrowing costs, and the ongoing government shutdown [4][5] Job Market and Layoffs - The October Job Cuts Report revealed 153,000 announced layoffs, a 175% increase from last year, marking the worst October since 2003, indicating a slowdown in hiring [6][7] - The report attributes job cuts to cost-cutting measures and the impact of AI, suggesting that companies are leveraging AI to reduce costs [8] Big Tech and AI Investment - Major tech companies, referred to as the "Magnificent Seven," are committing trillions of dollars to AI capital expenditures, with a projected $6.7 trillion needed for data centers by 2030 [9] - Meta Platforms raised $27 billion in private debt to fund its Hyperion data center, utilizing off-balance-sheet financing, which raises concerns reminiscent of the Enron scandal [10][11] - The shift towards capital-intensive models in tech due to AI investments poses risks, as companies may face significant debt without guaranteed returns [12][13][14] Metals Sector Investment Opportunities - The metals sector is highlighted as a potential investment opportunity, with essential materials like copper and platinum playing a crucial role in AI infrastructure [15][16] - The U.S. government has added 10 minerals, including copper, to a list deemed essential for the economy and national security, signaling long-term strategic value for investors [17] - Investors are encouraged to consider metals-related ETFs as a way to capitalize on the anticipated growth in the sector, with historical examples of significant returns [19][21]
Can Ambler Metals' Growth Prospects Drive Trilogy's Momentum?
ZACKS· 2025-11-10 19:16
Core Insights - Trilogy Metals Inc. (TMQ) is making steady progress in the Ambler mining district through its joint venture with Ambler Metals LLC, which is partnered with South32 Limited [1][8] - The company has maintained disciplined spending, recording approximately $3.8 million in costs for ongoing programs in the first nine months of fiscal 2025, with Trilogy's share of the loss being about $2.2 million [3][8] - The advancement of the Ambler mining district positions Trilogy for potential significant transformation and growth in the long run [4] Company Developments - Ambler Metals completed its summer field program at the Bornite camp safely and on schedule, which included site maintenance, environmental data collection, and a core re-boxing program [2][8] - Trilogy's share of Ambler Metals' loss reflects a controlled development burn rate while advancing the project [3][8] Peer Comparison - B2Gold Corp. (BTG) is expected to benefit from increased gold production at its Fekola mine in 2025, driven by its strategy to maximize profitable mine production [5] - Barrick Mining Corporation (B) is focusing on high-return investments, particularly in Nevada, but may face lower gold production in 2025 due to operational issues [6] Financial Performance - Trilogy's shares have surged 290.4% over the past year, significantly outperforming the industry growth of 13.1% [7] - The company is currently trading at a forward price-to-earnings ratio of negative 194.99X, compared to the industry's average of 16.03X, indicating a challenging valuation [9]
FireFly Metals (OTCPK:MNXM.F) 2025 Conference Transcript
2025-11-10 15:15
Summary of FireFly Metals Conference Call Company Overview - **Company**: FireFly Metals (OTCPK:MNXM.F) - **Location**: Newfoundland, Canada - **Current Resource**: 59 million tonnes at 2% copper equivalent Key Points and Arguments Resource Development - The company is currently drilling 650 meters in front of its existing resource, yielding 49 meters at 6.1% copper equivalent, which will be included in an upcoming resource update by year-end [1][3] - The strategy focuses on demonstrating the world-class scale and continuity of the deposit, with over 2 km of underground development completed [3][4] - Six drilling rigs are operational, with four for infill drilling and two for extensional drilling, indicating a significant investment in resource expansion [4] Resource Update Expectations - The upcoming resource update is expected to show continued growth in the overall size of the resource and a conversion of inferred resources into measured and indicated categories, aiming for 70% conversion [4][5] - The company anticipates a strong economic potential due to high grades and thicknesses of mineralization, with a focus on early payback and cash flow [5][6] Economic Context - Current market prices for copper are above $11,000 per tonne and gold is at record highs above $4,300 per ounce, enhancing the economic viability of the project [7] - The existing mill has a capacity of 500,000 tonnes per annum, which is insufficient for the large-scale ore body, prompting plans for a new, appropriately scaled mill [8][9] Mining Methodology and Infrastructure - The company plans to adopt bulk mining methods suitable for the ore body, with decline development already reaching 900 meters below the surface [9][10] - Ground conditions are reported to be exceptional, allowing for deeper mining operations, with comparisons to other successful Canadian mines [10] Metallurgical Improvements - Recent metallurgical test results show copper recovery rates of 98% and gold recovery improved from 60% to 85% through a dedicated processing plant, significantly impacting project economics [11] Financing and Exploration Potential - The company is exploring non-dilutive financing options and is moving rapidly towards production [12] - Regional exploration is a key focus, with the potential for discovering additional deposits, as the area has a history of multiple mines [12][13] Upcoming Catalysts - Key upcoming events include the release of drill results, the resource update by year-end, and mining studies in the first half of next year [14] Additional Important Information - The support from local communities and government is described as unprecedented, with environmental approvals obtained in just 45 days [1][2] - The Fraser Institute ranks Newfoundland among the top six jurisdictions globally for government policy, highlighting its favorable operating environment [2]
Kingfisher Metals Reports 110 Meters of 0.47 g/t Gold in ~500 m step-out at Hank and Extends Gold in Soil Anomaly at Hank on the HWY 37 Project, Golden Triangle, British Columbia
Accessnewswire· 2025-11-10 10:30
Core Insights - Kingfisher Metals Corp. has announced further results from its 2025 exploration and drilling program at the HWY 37 Project [1] - The HWY 37 Project covers an area of 933 square kilometers and is situated within the Golden Triangle region of British Columbia [1]
Copper Added to New USGS Critical Minerals List Highlighting Increased Support for US Copper Projects Like American Pacific's Madison & Palmer Projects
Newsfile· 2025-11-06 23:00
Core Insights - The U.S. Geological Survey (USGS) has added copper to its 2025 list of critical minerals, reflecting the Trump Administration's focus on enhancing domestic supply chains for vital minerals [2][3][5] - This addition is expected to lead to increased government investment and streamlined permitting for U.S. copper projects, which are essential for the domestic critical metals supply chain [4][5] Industry Overview - The new USGS list now includes copper alongside silver, zinc, lead, barite, and 55 other minerals, totaling 60 critical minerals recognized by the U.S. government [3] - The Trump Administration aims to reduce reliance on foreign mineral supplies, which poses risks to national security and infrastructure development [3] Government Initiatives - The U.S. government has launched four new funding initiatives totaling nearly $1 billion, with grants of up to $250 million available for critical metals projects [4] - Direct equity investments have also been made in critical metals projects, including a 5% stake in the Thacker Pass lithium project in Nevada [4] Company Focus - American Pacific Mining Corp. emphasizes the significance of its Madison Copper-Gold Project in Montana and Palmer Copper-Gold VMS Project in Alaska in light of the new USGS designation [5] - The company highlights the importance of copper in everyday life and its role in strengthening U.S. supply chains [5] Project Highlights - The Madison Copper-Gold Project has historical production of 2.7 million pounds of copper with grades ranging from 20-30% [6] - Recent exploration at the Madison Project has confirmed widespread mineralization, with notable drill results including 8.47 meters of 40.03% Cu and 61.63 meters of 6.97% Cu [6][7] - The Palmer Copper-Zinc VMS Project has reported the highest-grade copper intercepts ever drilled, with an updated mineral resource estimate showing a substantial increase in contained copper [8]
Sherritt Reports Third Quarter 2025 Results; Moa JV Expansion Complete; Phase Two Ramp Up Advancing
Businesswire· 2025-11-05 22:23
Core Insights - Sherritt International Corporation reported its financial results for the three and nine months ended September 30, 2025, highlighting its position as a leader in hydrometallurgical processes for nickel and cobalt mining and refining, which are critical for the energy transition [1] Financial Performance - The financial results indicate significant performance metrics for the company during the reported periods, although specific figures are not detailed in the provided text [1] Leadership Commentary - Leon Binedell, the Executive Chairman, President, and CEO, emphasized the importance of the results and the company's strategic role in the energy transition [1]
Market Whales and Their Recent Bets on Hecla Mining Options - Hecla Mining (NYSE:HL)
Benzinga· 2025-11-04 16:02
Core Insights - High-rolling investors are taking a bearish position on Hecla Mining, indicating potential privileged information influencing their trades [1] - The sentiment among major traders is predominantly bearish, with 66% of options trades reflecting this outlook [2] - The projected price targets for Hecla Mining range from $5.5 to $20.0 based on recent options activity [3] Options Activity - A total of 12 options trades were identified for Hecla Mining, with one put option valued at $52,300 and 11 call options totaling $477,166 [2] - Noteworthy options activity includes several bearish call trades with significant total trade prices, indicating a cautious outlook among traders [9] - The volume and open interest data for Hecla Mining's options suggest a focus on liquidity and interest within the $5.5 to $20.0 strike price range over the past 30 days [4][5] Company Overview - Hecla Mining Co is involved in the production and exploration of silver, gold, zinc, and other metals, with the Greens Creek segment generating the most revenue [10] - The company operates in Canada, the United States, and Mexico, with a majority of its revenue derived from the United States [10] - An industry analyst has set a neutral rating for Hecla Mining, with an average target price of $15.0 [12][13] Current Market Status - Hecla Mining's stock price is currently at $12.33, reflecting a decrease of 3.37% with a trading volume of 4,878,843 [15] - The stock may be approaching overbought conditions based on current RSI values [15] - The next earnings report for Hecla Mining is scheduled for one day from now [15]