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Callinex Changes Name to Visionary Copper and Gold Mines Inc.
Globenewswire· 2025-08-26 12:30
Core Viewpoint - Callinex Mines Inc. has changed its name to Visionary Copper and Gold Mines Inc. to better reflect its focus on copper and gold projects in Canada, with trading under the new name starting on August 28, 2025 [1][2]. Company Overview - Callinex Mines Inc. is advancing a portfolio of base and precious metals deposits located in established Canadian mining jurisdictions, with a focus on the 100% owned Point Leamington Deposit in Newfoundland, which has an Indicated Mineral Resource of 5.0 million tonnes grading 2.5 g/t AuEq for 402,000 ounces AuEq [3]. - The company also has an Inferred Mineral Resource of 13.7 million tonnes grading 2.24 g/t AuEq for 986,500 ounces AuEq at the Point Leamington Deposit, and an out-of-pit Inferred Mineral Resource of 1.7 million tonnes grading 3.06 g/t AuEq for 168,500 ounces AuEq [3]. - Additionally, the Rainbow deposit at the Pine Bay Project has an indicated mineral resource of 3.44 million tonnes grading 3.59% CuEq for 272.4 million pounds CuEq, and an inferred mineral resource of 1.28 million tonnes grading 2.95% CuEq containing 83.4 million pounds CuEq [3]. - The Nash Creek Project in the Bathurst Mining District has a 2018 Preliminary Economic Assessment (PEA) indicating a pre-tax Internal Rate of Return (IRR) of 34.1% and a Net Present Value (NPV) of $230 million at $1.25 Zinc [3].
B2Gold: Don't Miss The Forest For The Trees
Seeking Alpha· 2025-08-26 11:55
Group 1 - The article emphasizes the importance of in-depth research on undervalued miners, highlighting the potential for portfolio outperformance through strategic positioning [1] - Subscribers gain access to current portfolios and real-time buy/sell alerts, indicating a focus on active investment management [1] Group 2 - The article does not provide specific financial data or performance metrics related to the miners mentioned, focusing instead on the qualitative aspects of investment strategy [1]
Northern Graphite Secures Federal Support to Extend the Life of Lac des Iles Mine
Newsfile· 2025-08-26 11:30
Core Points - Northern Graphite Corporation has secured a repayable contribution of up to $6.225 million from the Canadian government to extend the life of its Lac des Îles graphite mine in Quebec [1][2][7] - The funding will cover 75% of the eligible costs for the pit extension, supporting continued production from North America's only operating graphite mine [2][9] - The mine produces approximately 15,000 tonnes of graphite concentrate annually, with a capacity of 25,000 tonnes per year, and is crucial for meeting rising demand in various sectors, including lithium-ion battery manufacturing [4][10][11] Company Strategy - The CEO of Northern Graphite emphasized the importance of Lac des Îles in the company's growth strategy and its goal to become a key supplier for defense and battery markets [3][11] - The company is in discussions with other parties to finance the remaining costs of the mine extension [3] - The pit extension is based on a resource estimate that indicates potential for extending the mine's life and increasing operational capacity [10] Government Support - The investment is part of Canada's strategy to establish itself as a sustainable supplier of critical minerals, which is essential for energy, digital technologies, and national defense [5][6] - The funding is expected to have positive economic impacts for Quebec workers and communities [5][6] Operational Plans - The funding will help avoid putting the Lac des Îles mine on care and maintenance at the end of 2025, allowing immediate work on the pit extension [9] - The first production from the new zones is anticipated within six to eight months, while the company will continue to supply customers from existing resources [9] - The repayment of the contribution will begin 36 months after project completion, with 84 equal monthly installments [9]
X @Bloomberg
Bloomberg· 2025-08-26 10:10
Argentina has a unique opportunity to become one of the largest copper producers — and prove it is stable enough to attract and reward big, long-term investments, says @JPSpinetto (via @opinion) https://t.co/gnavynYNtp ...
McEwen: Undervalued Copper Miner With Market Potential
Seeking Alpha· 2025-08-26 08:53
Group 1 - McEwen Mining (NYSE: MUX) shares have increased by 40% this year but have been trading sideways in the first half of 2025, indicating a period of consolidation as investors await further developments [1] - The company is being closely monitored by individual investors and financial writers, reflecting a growing interest in its performance and future prospects [1] Group 2 - The focus of analysis includes US stocks and emerging markets, particularly in Latin America, with an emphasis on global macro strategies and value investing [1] - Key sectors of interest for investment include energy, materials, and real estate, highlighting the company's strategic positioning within these industries [1] - The analysis favors companies with competitive advantages, strong management, solid cash flow, sustainable debt levels, and healthy profit margins, which are essential for long-term growth [1]
X @Bloomberg
Bloomberg· 2025-08-26 04:04
Social media has become an unlikely conduit to the remote mineral and metal mines of Australia’s deserts https://t.co/nOCZesDber ...
CORRECTION: Magna Mining Inc. Second Quarter Financial Results - Conference Call & Webcast
Newsfile· 2025-08-25 17:39
Company Overview - Magna Mining Inc. is a producing mining company with a strong portfolio of copper, nickel, and platinum group metals (PGM) assets located in the Sudbury mining district of Ontario, Canada [3] - The primary asset of the company is the McCreedy West Mine, which is currently in production, along with a pipeline of highly prospective past-producing properties including Levack, Crean Hill, Podolsky, and Shakespeare [3] Financial Results Announcement - Magna Mining Inc. is scheduled to release its Q2 2025 financial results and MD&A after the market close on August 27, 2025 [2] - A conference call and webcast will be held on August 28, 2025, at 8:00 am EDT to discuss the quarterly results [2] Strategic Positioning - The company is strategically positioned to unlock long-term shareholder value through continued production, exploration upside, and near-term development opportunities across its asset base [4]
X @Wu Blockchain
Wu Blockchain· 2025-08-25 16:05
According to Arkham, the UAE government holds approximately 6,300 BTC—worth around $740 million—through Citadel Mining, a public mining company it controls. This makes the UAE the fourth-largest government Bitcoin holder, with reserves originating from mining operations jointly developed with Phoenix Group, rather than from law enforcement seizures. https://t.co/PsBiYnsMp7 ...
X @Bitcoin Archive
Bitcoin Archive· 2025-08-25 15:42
Cryptocurrency Holdings - The UAE holds $700 million (百万) in Bitcoin through Citadel, a mining firm [1] - Citadel is majority-owned by the Royal Group [1] - Arkham has identified these Bitcoin holdings on-chain for the first time [1]
Barrick Mining: Turnaround Thesis Remains Intact
Seeking Alpha· 2025-08-25 15:14
Core Insights - Alluvial Gold Research provides detailed analysis on undervalued mining companies, focusing on those with upcoming catalysts that could enhance portfolio performance [1] Group 1 - The research ranks miners to assist investors in identifying the most undervalued opportunities [1] - Subscribers receive access to current portfolios and real-time buy/sell alerts [1] - The article emphasizes the importance of positioning in the mining sector to capitalize on potential growth [1]