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Teck Resources (TECK) Gets 11% Boost From $53-Billion Anglo Merger
Yahoo Finance· 2025-09-10 16:00
We recently published 10 Stocks With Eye-Popping Gains — 1 Surges 3,000%. Teck Resources Ltd. (NYSE:TECK) is one of the top performers on Tuesday. Teck Resources extended its winning streak to a third straight day on Tuesday, jumping 11.28 percent to close at $39.07 apiece after gaining shareholder support for its planned $53 billion merger with Anglo American PLC that would create the fifth largest copper producer globally. In a statement, Teck Resources Ltd. (NYSE:TECK) said that it officially reached ...
Royalties Inc. Presenting at Toronto MoneyShow September 12-13, 2025
Newsfile· 2025-09-10 14:32
Royalties Inc. Presenting at Toronto MoneyShow September 12-13, 2025September 10, 2025 10:32 AM EDT | Source: Royalties Inc.Toronto, Ontario--(Newsfile Corp. - September 10, 2025) - Royalties Inc. (CSE: RI) (OTCID: ROYIF) (or "the Company") will be attending the Toronto MoneyShow this Friday and Saturday September 12-13, 2025 in Booth #206 in the North Building of the Metro Toronto Convention Centre. Investors can register for free at:https://toronto.moneyshow.com/Tim Gallagher will be present ...
South32 Limited (SOUHY) Climate Change Action Plan Briefing Presentation Call
Seeking Alpha· 2025-09-10 13:55
PresentationHello, everyone. Today's presentation has been released to the Australian Stock Exchange and is available on our website. This webcast is being recorded and will be available on our website after the event. Our Climate Change Action Plan will be subject to a nonbinding advisory shareholder vote at our AGM in October, and we look forward to the opportunity for questions following today's presentation.Graham KerrCEO, MD & Executive Director Thanks, Susie. Hello, everyone. Welcome to today's presen ...
Vedanta Reworking Bids for Jaiprakash Power Ventures
BusinessLine· 2025-09-10 13:55
Amidst a competitive bidding process for control over Jaiprakash Power Ventures Ltd. (JPVL), mining mogul Anil Agarwal’s Vedanta Group has re-initiated discussions to place a revised non-binding offer, as it seeks a strategic buyout of the power company. The revised bid is expected to focus on acquiring compulsorily convertible preference shares (CCPS) worth ₹3,800 crore and potentially some debt, as the metal–to–mining firm pursues a majority stake. Vedanta is locked in a battle with one of the investment ...
Jaxon Mining Provides Blunt Mountain Silver-Antimony Update
Thenewswire· 2025-09-10 13:40
September 10, 2025 – TheNewswire - Vancouver, BC – Jaxon Mining, Inc. (the “Company” or “Jaxon”) (TSXV: JAX) the Company announces an update regarding the Binding Letter of Intent dated July 24, 2025, with Lake Winn Resources (“Lake Winn”), in connection with Jaxon's Blunt Mountain Silver-Antimony Property (see press release dated July 24, 2025). In 2021, multiple rock samples at Blunt Mountain assaying greater than 700 g/t Ag and 4% Sb were collected by Jaxon along strike as described in the table below. ...
South32 Limited (SOUHY) Climate Change Action Plan Briefing Presentation Call (Transcript)
Seeking Alpha· 2025-09-10 13:14
PresentationHello, everyone. Today's presentation has been released to the Australian Stock Exchange and is available on our website. This webcast is being recorded and will be available on our website after the event. Our Climate Change Action Plan will be subject to a nonbinding advisory shareholder vote at our AGM in October, and we look forward to the opportunity for questions following today's presentation.Graham KerrCEO, MD & Executive Director Thanks, Susie. Hello, everyone. Welcome to today's presen ...
Abcourt Announces Increase to Loan Financing With Nebari to Accelerate Sleeping Giant Mine Development
Globenewswire· 2025-09-10 12:48
Core Viewpoint - Abcourt Mines Inc. has secured an additional USD$2,000,000 loan from Nebari Natural Resources Credit Fund II, LP, increasing the total borrowed amount to USD$10,000,000 to support the development of its Sleeping Giant Mine [1][2][3]. Group 1: Loan Agreement Details - The total amount borrowed from Nebari is USD$10,000,000, divided into two tranches: USD$8,000,000 on July 3, 2025, and USD$2,000,000 on September 10, 2025 [2]. - The amended loan agreement includes the addition of Tranche 2, with no other material changes to the original agreement [2]. Group 2: Use of Proceeds - The proceeds from the Upsized Loan will be utilized to accelerate the development of the Sleeping Giant Mine, including the addition of a third underground diamond drill to expand mineral resources [3]. Group 3: Management Comments - Pascal Hamelin, President and CEO of Abcourt, emphasized the importance of the partnership with Nebari and the operational benefits of increasing on-site workers to reduce costs and expedite underground development [4]. - Steven Bowles, Managing Director of Nebari, expressed satisfaction with the loan increase, highlighting the operational readiness plan that positions the project favorably in the current gold price environment [4]. Group 4: Warrants Issuance - In connection with the Upsized Loan, Abcourt issued 14,905,298 non-transferable warrants to Nebari, each exercisable for one common share at an exercise price of $0.093 until July 3, 2028 [4].
Global Energy Metals Announces Acquisition of Luna Energy and Portfolio of Highly Prospective Uranium and Energy Metal Projects
Thenewswire· 2025-09-10 12:10
Core Viewpoint - Global Energy Metals Corporation has entered into a letter of intent to acquire Luna Energy Ltd, aiming to enhance its position in the uranium sector amid rising global demand for nuclear energy as a clean power source [1][2][3] Company Summary - The acquisition will allow Global Energy Metals to gain immediate access to a portfolio of uranium projects in Paraguay, a region identified as under-explored yet mining-friendly [1][3] - The transaction aligns with the company's strategy to diversify its energy metals portfolio, focusing on quality assets in the critical minerals sector [3][5] - Following the acquisition, Luna will become a wholly owned subsidiary of Global Energy Metals, with existing directors continuing to lead the company [5][7] Project Portfolio - Luna Energy has focused on exploring the uranium potential of the Paraná sedimentary basin in Paraguay, controlling one of the largest under-explored uranium land positions in South America [4][12] - The company also holds prospective lithium and other critical mineral assets in the region, enhancing its overall portfolio [4] Transaction Details - The transaction involves the exchange of all issued shares of Luna for 7,239,870 common shares of Global Energy Metals after a share consolidation [6][10] - A concurrent financing plan aims to raise up to $2 million through the issuance of units at a price of $0.15 per unit, which will support exploration and development efforts [9][10] Market Context - The mining industry is experiencing a transformation due to increased demand for critical minerals and a shift towards sustainable energy solutions, creating significant investment opportunities [3] - The global uranium demand is projected to rise significantly over the next decade, driven by the expansion of nuclear energy as a clean power source [2]
Jaguar Mining Inc. Strengthens Senior Leadership Team, Enhancing Focus on Governance and Sustainability
Accessnewswire· 2025-09-10 10:30
TORONTO, ON / ACCESS Newswire / September 10, 2025 / Jaguar Mining Inc. ("Jaguar" or the "Company") (TSX:JAG) today announced key appointments to its senior leadership team, underscoring its commitment to robust governance, operational excellence, and an enhanced focus on Health, Safety, Environment, and Sustainability. The Company is pleased to announce the promotion of Carla Moura Tavares to Vice President, Corporate Affairs, and the appointment of Juliana Esper as Vice President, Sustainability. ...
The promise of green iron: can Australia reinvent its biggest export?
Yahoo Finance· 2025-09-10 08:00
Core Viewpoint - Australia faces a significant challenge as China shifts from traditional coal-based steel production to greener electric arc furnace (EAF) methods, which may disadvantage Australian hematite iron ore exports and create opportunities for green iron production [1][6][25]. Group 1: China's Shift to Green Steel - China is moving away from coal-based steel-making towards greener production methods, with a government decree mandating increased green energy usage in steel production [3]. - The country has halted new permits for traditional coal-based steelmaking since early 2024, favoring EAF projects instead [3]. - China currently has the capacity to produce over 160 million tonnes of steel annually using EAFs, which utilize renewable energy and limit carbon emissions [2][3]. Group 2: Australia's Iron Ore Market - Historically, Australia has supplied approximately 65% of China's iron ore imports, with iron ore and concentrates generating A$124.5 billion (US$81.3 billion) in export revenue in 2023-24, making it the most valuable commodity for Australia [4][7]. - The traditional iron ore market is under threat due to China's transition to greener steel-making, which could lead to a decline in Australia's iron ore exports and associated earnings [6]. Group 3: Opportunities for Green Iron Production - There is potential for Australia to become a major producer of green iron by leveraging its mineral resources and renewable energy capabilities [4][10]. - A report estimates that Australia could export 10 million tonnes of green iron by 2030, generating up to A$295 billion annually, which is three times the current export value of iron ore [10]. - The most viable method for producing green iron in Australia involves using green hydrogen for iron ore reduction, creating direct reduced iron (DRI) that can be melted in EAFs [11][12]. Group 4: Challenges in Developing Green Iron - Australia faces multifaceted challenges in producing green iron, including economic, technological, and geological hurdles [9]. - The country must develop its magnetite deposits, which are lower-grade and require more processing than hematite, posing a capital-intensive challenge [8]. - There is a need for increased investment in research and development to support the green iron industry, as competition from countries with established low-carbon power grids and high-grade iron ore is intensifying [13]. Group 5: Regulatory and Policy Support - Key obstacles to green iron production in Australia include a lack of financial support for early investors, underdeveloped infrastructure, and the absence of a global carbon price [16]. - Policy leadership is essential to support early projects and close the cost gap created by the lack of an international carbon price [17]. - The Australian government has initiated a A$1 billion Green Iron Investment Fund to support early-stage projects and supply chain development, but further investment is needed to solidify Australia's position in the green iron market [22][23]. Group 6: Future Outlook - Experts warn that without swift and large-scale action, Australia risks falling behind other nations in capturing opportunities in the emerging green iron market [26]. - The transition to green steel presents both opportunities and challenges, requiring significant investments to remain competitive as technology and market conditions evolve [20].