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, ...

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES TORONTO, ON / ACCESS Newswire / September 11, 2025 / PPX Mining Corp. (TSXV:PPX)(BVL:PPX) ("PPX" or the "Company") is pleased to announce that it has closed its upsized non-brokered private placement, as described in the Company's press release dated September 5, 2025, for aggregate gross proceeds of C$2,580,004 (the "Offering"). The Offering involved the issuance of 22,434,813 units (the "Units") at a price of C$0.115 per Unit for ...

Core Viewpoint - Teck Resources is being acquired by Anglo American, aiming to create a significant player in the copper mining sector, with a focus on synergies and strategic growth opportunities [1][2][8]. Company Strategy - Teck Resources has been simplifying its portfolio to focus primarily on copper, which is viewed as a strategic metal for the future [2][3]. - The merger with Anglo American is seen as a unique opportunity to combine high-quality assets and create a scale that the market currently demands [2][7]. Financial Implications - The merger is expected to unlock significant synergies, estimated at $800 million annually from corporate efficiencies and an additional $1.4 billion in annual EBIT uplift from combined operations [9]. - The stock price of Teck Resources has appreciated by 17% since the announcement of the deal, indicating market recognition of the merger's value [14]. Operational Commitments - The new entity, Anglo Teck, will have its global headquarters in Vancouver, Canada, with a commitment to invest CAD 4.5 billion in the Canadian critical minerals sector over the next five years [16][19]. - The leadership structure will include the Teck Resources Chair as the chair of Anglo Teck, with the Anglo American CEO as the CEO, and Teck's current CEO serving as deputy CEO [20]. Market Position - The merger will create the fifth largest copper producer globally, focusing on high-quality, long-life assets located in favorable jurisdictions throughout the Americas [10][12]. - The combined company is expected to be a must-own for investors due to its scale and asset quality [10][22].

Group 1 - Prospect Ridge Resources has acquired a 100% interest in the Camelot copper-gold project in Canada from Orogen Royalties, with the transaction approved by the Canadian Securities Exchange on 9 September [1] - The Camelot project covers an area of 2,600 hectares in British Columbia's Quesnel Belt, known for significant copper and gold porphyry systems, and previous exploration has identified a substantial copper anomaly in the soil [1][4] - The initial payment for the project was C$25,000 (approximately $18,043), which included 243,180 shares at a deemed price of C$0.102804 per share, with a hold period until 10 January 2026 [2] Group 2 - Prospect Ridge has the option to make an additional payment of C$175,000 in cash or shares within six months of the approval date, and will issue shares under a restricted resale period expiring four months plus one day after issuance [2] - Orogen will receive a 1% net smelter return (NSR) royalty, which Prospect Ridge can reduce by 0.5% with a one-time payment of C$1 million, along with an annual advance royalty payment of C$10,000 and a one-time payment of C$30,000 upon completion of a NI-43-101 mineral resource [3] - The acquisition enhances Prospect Ridge's presence in a promising copper-gold region and complements its portfolio, with plans for a 2,000m drill program targeting a well-defined geophysical anomaly [4]

Core Viewpoint - Rio Silver Inc. has announced a non-brokered private placement financing of up to 13 million units at $0.10 per unit, aiming for gross proceeds of up to $1.3 million [1][4]. Group 1: Private Placement Details - Each unit consists of one common share and one transferable warrant, with each warrant exercisable into one common share at $0.15 for three years from closing [2]. - The company may accelerate the warrant expiry date if its common shares close at or above $0.25 for 15 consecutive trading days, with warrants expiring 30 days from the notice [2]. - The private placements may be closed in one or more tranches, subject to TSX-V approval, and the company may pay a finder's fee or commission of up to 8% [3]. Group 2: Use of Proceeds - The gross proceeds from the sale of the units will be allocated for exploration and development of the company's projects in Peru, as well as for general working capital purposes [4]. Group 3: Company Overview - Rio Silver is focused on identifying and acquiring precious metal assets that are expected to generate near-term cash flow, supporting its exploration and development plans in a non-dilutive manner [5]. - The company expresses optimism regarding Peru's supportive mining policies and ongoing investment in the region [5].

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [1][2] - The news team operates in 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]

Summary of Key Points from the Conference Call Industry Overview - The conference call primarily discusses the economic situation in China, focusing on inflation and producer prices, which are critical indicators for various industries in the region [2][11]. Core Insights - **Inflation Trends**: The August inflation report indicates a decline in food prices, which fell by -11% month-over-month (MoM) seasonally adjusted annual rate (SAAR), contributing to a year-over-year (YoY) drop in headline Consumer Price Index (CPI) by 2.7 percentage points to -4.3% [3][11]. - **Core CPI Performance**: Core CPI, excluding food and energy, showed resilience, increasing by 0.1 percentage points to 0.9% YoY, supported by a trade-in program for home appliances [3][11]. - **Producer Price Index (PPI)**: The PPI MoM improved to 0%, with a mix of 0.1% for producer goods and -0.1% for consumer goods, aligning with expectations of anti-involution measures [4][11]. - **Future Outlook**: Expectations for September include further improvement in core CPI and PPI YoY, driven by a low base effect, although a higher comparison base in the fourth quarter may limit upside potential [5][11]. Additional Important Details - **Sector-Specific Insights**: Significant improvements were noted in coal and ferrous metals due to production cuts, indicating sector-specific dynamics that could affect investment strategies [4][11]. - **Consumer Behavior**: The persistent weakness in food prices is interpreted as a sign of sluggish demand, which could have implications for consumer goods companies [11]. - **Trade-in Program Impact**: The trade-in program has been a key driver for core CPI, suggesting that consumer electronics and home appliance sectors may see continued support [11]. Data Highlights - **CPI and PPI Statistics**: - CPI YoY: -0.4% in August, with food at -4.3% and non-food at 0.5% [7]. - PPI YoY: -2.9%, with notable declines in mining and quarrying at -11.5% [7]. - **Monthly Changes**: The MoM CPI remained flat at 0.0%, while food prices increased by 0.5% [7]. This summary encapsulates the critical insights and data from the conference call, providing a comprehensive overview of the current economic landscape in China and its implications for various sectors.

HOUSTON, Sept. 11, 2025 (GLOBE NEWSWIRE) -- BlockQuarry Corp. (OTC: BLQC), a leading Texas-based energy and infrastructure company specializing in advanced mining solutions, today announces the development of BLQCsmith, a comprehensive service platform designed to optimize mining operations through intelligent monitoring, remote diagnostics, and professional support services. This strategic initiative significantly expands BlockQuarry's revenue model beyond hardware sales, creating recurring revenue streams ...

Mining company LKAB has announced plans to build a new sorting facility at its Malmberget mine in Gällivare, Sweden. The project will entail an investment of Skr6bn ($640.38m), the Swedish miner said. It is part of the company’s plans to enhance its sorting process and boost production capacity, all while minimising environmental impact. The construction phase is set to commence in 2025, with the plant anticipated to be operational by 2028. Michael Palo, LKAB senior vice-president for the Iron Ore segm ...

Core Viewpoint - Armory Mining Corp. has amended its mineral property option agreement to accelerate the acquisition of the Ammo Property, which is adjacent to the West Gore antimony-gold mine in Nova Scotia, Canada, allowing the company to gain a 100% interest in the project [1][3]. Group 1: Agreement Details - The amendment agreement, dated September 9, 2025, modifies the terms of the original option agreement from a cash payment of $25,000 to the issuance of 384,615 common shares to the optionor within five business days of acceptance by the Canadian Securities Exchange [2]. - To date, the company has made cash payments totaling $25,000 and issued 750,000 common shares to the optionor [2]. Group 2: Company Strategy and Future Plans - The CEO of Armory Mining Corp. stated that the amendment accelerates the acquisition process and allows the company to proceed with exploration plans following a recent data compilation [3]. - The Ammo Property is located in an established antimony-gold camp with historical production, indicating potential for future exploration success [3]. Group 3: Company Overview - Armory Mining Corp. is focused on minerals critical to the energy, security, and defense sectors, controlling an 80% interest in the Candela II lithium brine project in Argentina and a 100% interest in the Riley Creek antimony-gold project in British Columbia [5].