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Bloomberg· 2025-09-18 03:26
Anglo American is cutting jobs at some Australian coking coal mines to safeguard its long-term sustainability, while saying that production would remain unaffected https://t.co/pdUnDIsvEt ...
Generation Uranium Announces Extension of Closing Date for Non-Brokered Private Placement
Thenewswire· 2025-09-18 00:35
Vancouver, BC – TheNewswire - September 17, 2025 – Generation Uranium Inc. (TSXV: GEN) (OTCQB: GENRF) (FSE: W85) (the “Company” or “Generation”) announces that, further to its news release dated July 11, 2025, the Company has received approval from the TSX Venture Exchange to extend the closing date of its non-brokered private placement until October 9, 2025.As previously announced, the private placement consists of up to 11,000,000 units of the Company at a price of $0.05 per unit for gross proceeds of up ...
Xcite Resources Announces Concurrent Brokered Life Offering & Flow-Through Shares Private Placement Alongside Amending Agreements Respecting Athabasca Uranium Portfolio
Globenewswire· 2025-09-17 21:30
Core Viewpoint - Xcite Resources Inc. is initiating a Private Placement to raise up to $4,000,000 through two offerings: a LIFE Offering and a FT Offering, aimed at funding general corporate purposes and exploration expenses related to its Uranium City project portfolio in Saskatchewan, Canada [1][3]. Financing Details - The LIFE Offering will consist of up to 9,166,667 units priced at $0.12 per unit, aiming to raise up to $1,100,000 [1]. - The FT Offering will consist of up to 18,125,000 flow-through common shares priced at $0.16 per share, aiming to raise up to $2,900,000 [1]. - Each unit in the LIFE Offering includes one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at $0.20 for 48 months [2]. Use of Proceeds - Net proceeds from the LIFE Offering will be used for general corporate purposes [3]. - Gross proceeds from the FT Offering will be allocated to eligible Canadian exploration expenses related to the Uranium City project portfolio [3]. Agent and Compensation - Canaccord Genuity Corp. has been appointed as the lead agent for both offerings [4]. - The company will pay a commission of 8% on the gross proceeds raised and issue broker warrants equal to 8% of the offered securities sold [5]. Insider Participation and Shareholder Approval - Insiders of the company may participate in the financing, which requires approval from shareholders holding more than 50% of the common shares [7]. Agreements and Financial Notes - The company has amended agreements with Eagle Plains Resources to postpone work commitments totaling $1,200,000 to December 31, 2025 [8]. - The company has entered into promissory notes worth $245,520 with two insiders, due by November 30, 2026, representing accrued management fees [9]. Company Overview - Xcite Resources is focused on the discovery and development of energy transition metals, with a uranium project portfolio in the Athabasca basin [11].
Orosur Mining Inc Announces Private Placement for Gross Proceeds up to C$17m
Accessnewswire· 2025-09-17 21:17
Group 1 - Orosur Mining Inc. has entered into an agreement with Red Cloud Securities Inc. to act as lead agent and bookrunner [1] - The agreement involves a syndicate of agents, including U.K. corporate brokers Turner Pope Investments Ltd. [1]
CEO.CA's Inside the Boardroom: Why Tin Matters: Eloro Resources on Critical Metals and Iska Iska
Newsfile· 2025-09-17 20:02
Core Insights - The article discusses the significance of tin and the Iska Iska project by Eloro Resources, highlighting its potential in the context of rising global demand for critical metals [3]. Company Overview - Eloro Resources is a mining company listed on the TSX under the ticker ELO and on the FSE as P2QM, focusing on polymetallic discoveries [3][4]. - The Iska Iska project in Bolivia is noted for its substantial tin potential, which is increasingly relevant due to the growing demand for critical metals globally [3]. Industry Context - The demand for critical metals, including tin, is on the rise, making projects like Iska Iska particularly attractive to investors and industry stakeholders [3].
Fidelity Minerals Announces Private Placement Financing
Thenewswire· 2025-09-17 19:15
Vancouver, BC, September 17, 2025 – TheNewswire - Fidelity Minerals Corp. (TSX-V: FMN | FSE: S5GM | SSE: MNYC) (“Fidelity Minerals” or the “Company”) is pleased to announce that it has arranged a non-brokered private placement financing (the "Financing") of up to 12,500,000 units at a price of C$0.10 per unit for total gross proceeds of up to C$1,250,000. Each unit will consist of one common share and one-half warrant, with each full warrant exercisable into one additional common share at C$0.20 for a pe ...
Eric Trump, American Bitcoin CEO on Crypto Demand and Mining
Bloomberg Television· 2025-09-17 17:08
There's no shortage of crypto crypto treasury firms out there, no shortage of Bitcoin mining firms out there. Mike What makes American Bitcoin different from everything else out there. Well, we're the best of all worlds apart from air travel, apart from here.That's the best part. But we're the best of all worlds. We're not just a Bitcoin mining company. We're not just the Treasury. We're a Bitcoin accumulator.And what that means is we use Bitcoin mining as just one layer of the strategy. Bitcoin mining is e ...
Newmont Agrees to Divest Coffee Project in Yukon for $150M
ZACKS· 2025-09-17 16:26
Core Insights - Newmont Corporation (NEM) has agreed to sell its Coffee Project in Yukon, Canada, to Fuerte Metals Corporation for a total consideration of up to $150 million, expected to close in Q4 2025 [1][7] Transaction Details - The $150 million proceeds consist of $10 million in cash, 34 million shares valued at $40 million, and a 3% net smelter return (NSR) royalty on the Coffee Project, with Fuerte having the option to repurchase the NSR for up to $100 million [2][3] - Newmont will retain approximately 27% of Fuerte's issued shares, maintaining exposure to the project and will evaluate its investment periodically [4][7] Strategic Rationale - The sale aligns with Newmont's strategy to streamline its portfolio and focus on core operations, seeking buyers with shared values and environmental consciousness [3] - The transaction is part of a broader divestment plan, with Newmont aiming to divest six operations and two projects across Australia, Ghana, and North America [3] Market Performance - Over the past year, NEM's shares have increased by 51.9%, while the industry has seen a surge of 74.8% [4]
Natural Resource Partners L.P. (NRP): A Bull Case Theory
Yahoo Finance· 2025-09-17 15:45
Group 1 - Natural Resource Partners L.P. (NRP) is a master limited partnership focused on mineral rights and infrastructure, primarily generating income from coal production, with 35% of revenues derived from infrastructure fees [2][4] - The company holds a non-controlling interest in the Sisecam soda ash operation, which has seen a decline in income from $73 million to $16 million, but still has recovery potential [3] - Current free cash flow is approximately $150 million, indicating a sustainable baseline compared to peak operating income exceeding $300 million [3] Group 2 - Management is implementing a disciplined deleveraging strategy aimed at achieving zero debt within 12 months, after which capital returns through dividends and buybacks are expected to accelerate [4] - NRP is projected to deliver a double-digit free cash flow yield, with dividends anticipated to increase post-debt repayment [4][5] - The investment opportunity is enhanced by the avoidance of MLPs by many investors due to tax complexities, leading to potential mispricing [5] Group 3 - Despite market challenges, NRP generated $100 million in operating cash flow during a severe downturn in 2020, reflecting a 7% yield at current valuations [4] - The company benefits from nominal royalty pricing, providing inflation protection and potential upside from carbon capture revenues [4] - The stock price has appreciated approximately 2.4% since previous bullish coverage, with ongoing expectations for dividend reinstatement and robust cash flow [6]
Arizona Gold & Silver reports high-grade drill results at Philadelphia project
Proactiveinvestors NA· 2025-09-17 15:13
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...