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Americas Gold and Silver Announces Upsize of "Bought Deal" Private Placement to US$115 Million
Globenewswire· 2025-11-13 17:01
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas” or the “Company”) is pleased to announce that as a result of strong investor demand, the Company has amended its agreement with a syndicate of underwriters led by Canaccord Genuity Corp. and BMO Capital Markets (collectively, the “Underwriters”) to increase the size of its previously announced “bo ...
Taseko(TGB) - 2025 Q3 - Earnings Call Transcript
2025-11-13 17:00
Financial Data and Key Metrics Changes - The third quarter results showed significant improvement over the previous two quarters, with copper production just under 28 million pounds and adjusted EBITDA of CAD 62 million [4][5][12] - Total revenue for the quarter was CAD 174 million, a 50% increase quarter over quarter, driven by higher sales volume and strong copper pricing [12][13] - The average realized copper price was just shy of $4.50 per pound US, in line with the LME average [12] Business Line Data and Key Metrics Changes - Copper sales for the quarter were 26 million pounds, including 900,000 pounds of cathode, slightly below production due to shipment timing [12] - Molybdenum production increased to 560,000 pounds, reflecting higher moly grades [5] - Operating costs at Florence were CAD 8 million for the quarter, expected to increase as operations ramp up [15] Market Data and Key Metrics Changes - The COMEX price for copper has been trading at a premium to the LME, recently at about 4% premium or roughly $0.20 a pound [10] - The U.S. government plans to revisit tariffs in mid-next year, with potential tariffs on cathode increasing to 15% by the end of 2026 [10] Company Strategy and Development Direction - The company is focused on ramping up production at the Florence project, with expectations to produce copper early in the new year [8][9] - The company plans to advance work at the Yellowhead project, viewing it as an important long-term growth opportunity [11] - The recent equity offering has strengthened the balance sheet, allowing for additional working capital support ahead of the Florence ramp-up [11][15] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the ramp-up at Florence and the potential for increased production next year [20] - The early results from the wellfield operations are positive, indicating a good start for the project [8][20] - The company is monitoring market dynamics closely, especially regarding potential future tariffs and their impact on copper pricing [10] Other Important Information - The company achieved substantial completion of the SXEW plant at Florence, marking a significant milestone [7][14] - The company ended the quarter with CAD 91 million in cash, positioning it well for future operations [15] Q&A Session Summary Question: Benefits of accelerating wellfield drilling - Management indicated that the key is to open additional wells to increase solution flows, which is crucial for ramp-up [18] Question: Production guidance for next year - Management refrained from providing specific production guidance but expressed optimism based on current conditions [20] Question: Milestones for declaring commercial production - Management stated that the focus will be on operating profit and cash flow rather than traditional metrics for declaring commercial production [26][28] Question: Accounting for revenues and costs - Revenue will be recognized once cathode is sold, and some costs will be capitalized until the plant is fully operational [29] Question: Status of initial capital spend - Management confirmed that the initial capital spend is effectively complete, with only minor commissioning costs expected in Q4 [30]
FCX INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Freeport-McMoRan Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2025-11-13 17:00
Core Viewpoint - A class action lawsuit has been filed against Freeport-McMoRan Inc. for alleged violations of federal securities laws, focusing on safety issues at the Grasberg Block Cave mine in Indonesia and misleading statements made by the company's officers [1][3]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for all individuals and entities that purchased Freeport securities between February 15, 2022, and September 24, 2025, inclusive [2]. - Allegations include that Freeport failed to ensure adequate safety measures at its mine, which posed a heightened risk of worker fatalities and undisclosed regulatory, litigation, and reputational risks [3]. Group 2: Next Steps - Investors who suffered losses in Freeport have until January 12, 2026, to request appointment as lead plaintiff in the class action [4]. - A copy of the Complaint can be reviewed on the law firm's website [4]. Group 3: Legal Representation - The law firm operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and fees if successful in the lawsuit [5]. - Bronstein, Gewirtz & Grossman, LLC has a history of recovering significant amounts for investors in securities fraud cases [6].
X @Bloomberg
Bloomberg· 2025-11-13 14:53
Industry Catastrophe - Illegal gold mining disaster in Stilfontein, South Africa, at Shaft 11 resulted in over 100 fatalities [1] Regulatory Oversight - The catastrophe highlights potential failures in preventing illegal mining activities [1]
Buy These 5 Low-Leverage Stocks Amid Mixed Market Movement
ZACKS· 2025-11-13 14:11
Market Performance - The U.S. stock market indices showed mixed results, with the S&P 500 increasing by approximately 0.1%, the Nasdaq Composite decreasing by 0.3%, and the Dow Jones Industrial Average rising by 0.7% [1] Investment Strategy - In uncertain market conditions, it is suggested that investors consider low-leverage stocks as safer investment options. Recommended companies include CSW Industrials, Jones Lang LaSalle, Hecla Mining, Safran SA, and Siemens Energy, all of which exhibit low leverage [2][10] Understanding Leverage - Leverage in finance refers to borrowing capital for operations and expansion, typically through debt financing. While debt can facilitate growth, excessive reliance on it can lead to significant risks [4][5] Debt-to-Equity Ratio - The debt-to-equity ratio is a key metric for assessing a company's financial risk, with a lower ratio indicating better solvency. Investors are encouraged to focus on stocks with low debt-to-equity ratios to mitigate risks during economic downturns [7][9] Company Highlights - **CSW Industrials**: Recently completed a $650 million acquisition to enhance its HVAC and refrigeration market presence. The Zacks Consensus Estimate predicts a 23.5% sales increase for fiscal 2026 [15][16] - **Jones Lang LaSalle**: Reported a 29% year-over-year increase in adjusted earnings per share and a 10% revenue growth in local currency for Q3 2025. The Zacks Consensus Estimate suggests a 10.3% sales improvement for 2025 [17][18] - **Hecla Mining**: Achieved a 65.4% revenue increase and a 204.4% gross profit surge in Q3 2025. The Zacks Consensus Estimate indicates a 33.3% sales growth for 2025 [19][20] - **Safran**: Announced a partnership renewal with Polytechnique Montréal to support sustainable aviation technologies, with a projected 39.9% sales improvement for 2025 [21][22] - **Siemens Energy**: Focuses on renewable energy, particularly wind power, and is set to supply gas turbines to Xcel Energy, with a 21.2% sales growth forecast for fiscal 2026 [23][24]
Equity Metals Corporation to Attend 121 Mining Investment Conference in London
Newsfile· 2025-11-13 14:00
Company Overview - Equity Metals Corporation is a Malaspina-Manex Group Company that owns 100% interest in the Silver Queen project located in British Columbia, which features high-grade precious and base-metal veins related to a buried porphyry system that is only partially delineated [5] - The company holds a controlling joint venture interest of 57.49% in the Monument Diamond project located in the Lac De Gras district, near the Ekati and Diavik diamond mines [5] - Equity Metals Corporation also has an option to earn a 100% interest in the Arlington Au-Ag-Cu property in Southern British Columbia [5] Industry Event - The 121 Mining Investment Conference in London will host over 150 mining companies and more than 500 sophisticated investors for targeted 1-2-1 meetings [2] - The conference is scheduled for November 17-18 and will include expert commentary and the latest market intelligence on key industry developments [2] - Equity Metals Corporation will participate in the conference, with Rob Macdonald, VP of Exploration, presenting the company's recent and future planned activities [1]
GoviEx Uranium completes merger with Tombador Iron
Proactiveinvestors NA· 2025-11-13 13:38
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
CEO.CA's Inside the Boardroom: Lion One Raises $33M to Double Production and Develop Ultra High-Grade Zone
Newsfile· 2025-11-13 13:30
Core Insights - Lion One Metals Ltd. has successfully raised $33 million to double its production capacity and develop an ultra high-grade zone [1] Company Overview - Lion One Metals Ltd. is listed on TSXV under the ticker LIO and on OTCQX under LOMLF [3] - The company is focused on mining and aims to enhance its operational capabilities through the recent funding [1] Financial Highlights - The $33 million raised will be allocated towards increasing production and advancing exploration efforts in high-grade zones [1] Industry Context - The mining sector is experiencing increased interest from investors, particularly in companies that demonstrate potential for high-grade resource development [1][3]
12 'Bounceback' Stocks Put Up Huge Gains After Skidding In 2024
Investors· 2025-11-13 13:00
Core Insights - The article discusses the significant rebound of certain ETFs in 2025 after substantial declines in 2024, highlighting the resilience of these funds in the face of changing market conditions [1][2][3]. ETF Performance - Twelve actively traded ETFs, including iShares MSCI South Korea (EWY), VanEck Rare Earth & Strategic Materials (REMX), and Invesco WilderHill Clean Energy (PBW), have returned 20% or more in 2025 after dropping 20% or more in 2024 [1][10]. - iShares MSCI South Korea has seen an impressive return of 87.45% in 2025, recovering from a decline of 20.79% in 2024 [10]. - The Invesco WilderHill Clean Energy ETF has rebounded by 66.78% in 2025 after a 30.62% drop in 2024 [10]. Sector Analysis - The AI rally has contributed to the performance of U.S. AI and technology ETFs, with the Technology Select Sector SPDR Fund (XLK) up nearly 27% in 2025, outperforming the S&P 500 [2]. - ETFs focused on South Korean stocks are benefiting from strong global demand for semiconductors, with major holdings like Samsung Electronics and SK Hynix driving performance [4][5]. - The Invesco WilderHill Clean Energy ETF's recovery is attributed to the increasing energy consumption from new data centers supporting the AI boom, alongside the expiration of tax credits for residential solar installations [8]. Market Trends - The article notes that investment styles in ETFs can fluctuate significantly from year to year, emphasizing that past performance does not guarantee future results [3][9]. - The demand for basic materials in Latin America has positively impacted the iShares Latin America 40 ETF, which has returned nearly 48.62% in 2025 after a 23.01% decline in 2024 [10]. - Speculative investments, such as the AdvisorShares Pure US Cannabis ETF, have also seen rebounds, with a 23.09% return in 2025 following a 45.35% drop in 2024, driven by hopes for more lenient regulations [8].
Silver Storm to Attend 121 Mining Investment Conference in London
Newsfile· 2025-11-13 12:00
Group 1 - Silver Storm Mining Ltd. is participating in the 121 Mining Investment Conference in London, where CEO Greg McKenzie will present the company's recent and future activities [1][2] - The conference will host over 150 mining companies and more than 500 sophisticated investors, featuring pre-arranged 1-2-1 meetings and expert commentary on industry developments [2][4] - The event is scheduled for November 17-18, 2025, and offers free registration for interested investors [2][3] Group 2 - Silver Storm Mining Ltd. focuses on advanced-stage silver projects in Durango, Mexico, including the La Parrilla Silver Mine Complex and the San Diego Project, one of the largest undeveloped silver assets in Mexico [5]