Diamond mining group Petra Diamonds has announced a plan to refinance its debt after several months of negotiations with lenders https://t.co/B5QDWVUagH ...

Copper is set for a weekly increase as traders assess the impacts of the closure of Codelco’s biggest mine in Chile following a fatal accident. https://t.co/E3YNiI87II ...

Core Insights - The article reassesses the ALPS Sector Dividend Dogs ETF (SDOG), focusing on its performance and investment strategy [1] Group 1: Investment Strategy - The author emphasizes the importance of analyzing Free Cash Flow and Return on Capital for deeper investment insights [1] - The approach includes identifying underappreciated equities with strong upside potential and overappreciated companies with inflated valuations [1] Group 2: Sector Focus - The research pays particular attention to the energy sector, including oil & gas supermajors and exploration & production companies [1] - The analysis also covers various other industries, such as mining, chemicals, and luxury goods [1]

Core Viewpoint - FLINT Corp. is initiating a recapitalization transaction aimed at significantly reducing debt and annual interest costs, simplifying its capital structure, and improving liquidity, ultimately positioning the company for future growth opportunities [1][5][10] Recapitalization Details - The recapitalization will be executed through a plan of arrangement under the Business Corporations Act (Alberta), involving the exchange of $135,335,053 in senior secured debentures for new common shares, which will represent approximately 90% of the total shares post-recapitalization [3][6] - Existing preferred shares will be extinguished, and holders will receive new common shares representing about 7.5% of the total shares post-recapitalization [3][6] - A share consolidation will occur at a ratio of one post-consolidation common share for every 40 pre-consolidation shares, resulting in existing common shareholders retaining approximately 2.5% of the total shares post-recapitalization [3][6] - Total debt will be reduced by approximately C$135,335,053, and annual cash interest expense will decrease by about C$10,826,804 [3][6] Stakeholder Support - Canso Investment Counsel Ltd., the largest shareholder and primary lender, has entered into a support agreement to vote in favor of the recapitalization [4][10] - Directors holding common and preferred shares have also agreed to vote in favor, representing approximately 6.9% of the issued common shares [4][12] Financial Advisory and Fairness Opinion - ATB Capital Markets has been engaged as a financial advisor, determining that the recapitalization is the most viable option for reducing debt and enabling growth [8] - Origin Merchant Partners has provided a fairness opinion to the Independent Committee, stating that the recapitalization is fair from a financial perspective for common and preferred shareholders [9][10] Required Approvals - The recapitalization requires approval from securityholders at separate meetings, with at least two-thirds of votes needed from each class of securityholders [13][15] - Regulatory approvals, including from the TSX and the Court of King's Bench of Alberta, are also necessary for the implementation of the recapitalization [15][14]

The seismic event that caused a fatal collapse at Codelco’s biggest mine in Chile is likely to have been caused by mining activity rather than nature, according to a person with direct knowledge of the matter https://t.co/2g13RP0V0P ...

Core Viewpoint - Silvercorp Metals Inc. reported its financial and operational results for Q1 Fiscal 2026, showing a 13% increase in revenue but a decline in net income and earnings per share compared to the previous year [2][6][8]. Financial Results - Revenue for Q1 Fiscal 2026 was $81.3 million, up 13% from $72.2 million in Q1 Fiscal 2025, driven by increased production and higher selling prices for silver and gold [4][6]. - Mine operating earnings decreased by 2% to $35.8 million, while net income attributable to equity holders fell by 17% to $18.1 million, or $0.08 per share [4][8]. - Adjusted earnings attributable to equity holders increased by 2% to $21.0 million, or $0.10 per share, after excluding certain charges [4][9]. - EBITDA attributable to equity holders was $33.8 million, down 9% from the previous year [4][9]. Operational Results - The company produced approximately 1.8 million ounces of silver and 2,050 ounces of gold, with silver equivalent production reaching 2.0 million ounces, representing increases of 6% and 79% respectively [12][15]. - The average selling price for silver rose by 12% to $29.54 per ounce, while gold prices increased by 45% to $2,876 per ounce [4][6]. - Cash cost per ounce of silver increased significantly to $1.11, compared to negative $1.67 in Q1 Fiscal 2025, while all-in sustaining cost per ounce of silver rose by 37% to $13.49 [4][13]. Cash Flow and Expenditures - Net cash generated from operating activities was $48.3 million, a 21% increase from $39.9 million in Q1 Fiscal 2025 [4][9]. - Free cash flow decreased slightly to $22.5 million from $23.6 million in the previous year [10]. - Total capital expenditures in Q1 Fiscal 2026 were $24.2 million, up 23% from $19.7 million in Q1 Fiscal 2025, with significant investments in exploration and development [18]. Safety Incident - A fatality occurred involving a worker at the HZG mine, leading to an investigation and temporary closure of certain mining areas, which may result in a production shortfall of 20-25% for the current quarter [16].

GRAND BAIE, MAURITIUS, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX)( “Alphamin” or the “Company”) announced today the appointment of two new directors, the declaration of an interim FY2025 dividend and the filing of its unaudited condensed consolidated financial statements and accompanying Management’s Discussion and Analysis (“MD&A”) for the quarter and six months ended 30 June 2025 on SEDAR+ at www.sedarplus.ca. Appointment of Directors Following its acquisition of ...

TORONTO, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Critical One Energy Inc. (formerly Madison Metals Inc.) (“Critical One” or the “Company”) (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF0) is pleased to announce that the Company’s uranium asset sale to Dark Star Minerals Inc. (“Dark Star”) (CSE: BATT) (FSE: P0W), as announced on June 12, 2025, has closed. Under the terms of the definitive agreement (“DA”), Dark Star will proceed with the second payment of US$150,000 in cash and issue 14,000,000 common shares (“Dark Star Sha ...

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 has bureaus and studios in key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Group 2 - The company is focused on sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4] - Automation and software tools, including generative AI, are used, but all content is edited and authored by humans [5]

https://t.co/VCpjYkeNtEAuradine (@Auradine_Inc):@MARA’s bet on @Auradine_Inc's US-engineered Teraflux Bitcoin mining tech is paying off.https://t.co/zqIqZ1M39n#Bitcoin #Mining #Auradine #MARA #MadeInUSA ...