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X @Bloomberg
Bloomberg· 2025-08-21 09:50
West Wits Mining plans to start production next year at Qala Shallows on the western fringe of Johannesburg https://t.co/qpV9ghmeD6 ...
Mike Henry BHP CEO talks global tariff impact on metal shipments
CNBC Television· 2025-08-21 04:09
So joining me now in an exclusive interview is Mike Henry, BHP's CEO. Mike, it's great to have you back on the show. Welcome.Great to be here. So let's start right there because you did just put out your fiscal 2025 results. Profit came in a little softer than expected by the street.Um but you did pay a bigger than expected dividend and you did say that global demand for commodities remains resilient. Uh why is that the case. Where are you seeing it.Look, so so we're seeing pretty strong growth in China. Th ...
X @CoinDesk
CoinDesk· 2025-08-20 23:00
RT CoinDesk Podcast Network (@CoinDeskPodcast)“Our view is that, over the long-run, Bitcoin is critical technology that the world needs…being a participant at the base layer of a monetary technology as it goes through its monetization event, that’s a critical role to play in the global economy, and we take that role very seriously.@harry_sudock, a senior VP at @CleanSpark_inc, discusses the company’s laser focus on bitcoin mining on the latest Mining Pod!🎧 Catch the latest episode of 'THE MINING POD,’ in pa ...
Titan Announces Results of its Annual Shareholders’ Meeting
Globenewswire· 2025-08-20 21:14
Group 1 - Titan Mining Corporation held its annual meeting of shareholders on August 20, 2025, where all matters presented for approval were approved [1] - The election results for Titan's Board of Directors showed high approval rates for nominees, with John Boehner and Donald R. Taylor receiving 99.99% approval [2] - Other nominees such as Lenard Boggio and William Mulrow received 92.07% and 89.74% approval respectively, indicating strong support for the board [2] Group 2 - Titan Mining Corporation is a subsidiary of the Augusta Group, producing zinc concentrate at its 100%-owned Empire State Mine in New York [3] - The company is also emerging as a natural flake graphite producer, aiming to be the first end-to-end producer of natural flake graphite in the USA in 70 years [3] - Titan's strategic focus is on delivering shareholder value through operational excellence and the development of critical minerals assets to enhance domestic supply chain security [3]
X @Bloomberg
Bloomberg· 2025-08-20 20:44
Codelco raised its loss estimate from a tunnel collapse at its biggest copper mine almost three weeks ago, a fresh setback to the state-owned firm’s efforts to recover from a production slump https://t.co/I1c9HBkdCV ...
Osisko Metals Announces Uplisting to Toronto Stock Exchange
Globenewswire· 2025-08-20 20:30
Core Viewpoint - Osisko Metals Incorporated is uplisting to the Toronto Stock Exchange (TSX) from the TSX Venture Exchange (TSXV), effective August 22, 2025, which is expected to enhance the company's visibility and access to a broader investor base [1][3][4]. Company Overview - Osisko Metals is a Canadian exploration and development company focused on critical metals, particularly copper and zinc [5]. - The company acquired a 100% interest in the Gaspé Copper mine from Glencore Canada Corporation in July 2023, which is located in Québec's Gaspé Peninsula [5]. - The Gaspé Copper project has current Indicated Mineral Resources of 824 million tonnes (Mt) grading 0.34% CuEq and Inferred Mineral Resources of 670 Mt grading 0.38% CuEq [5]. - The Gaspé Copper mine hosts the largest undeveloped copper resource in eastern North America [5]. Project Details - In addition to the Gaspé Copper project, the company is advancing the Pine Point project, one of Canada's largest past-producing zinc mining camps, through a joint venture with Appian Capital Advisory LLP [6]. - The Pine Point project has current Indicated Mineral Resources of 49.5 Mt at 5.52% ZnEq and Inferred Mineral Resources of 8.3 Mt at 5.64% ZnEq [6].
BHP Group FY25 Earnings & Revenues Decline Y/Y on Lower Prices
ZACKS· 2025-08-20 17:16
Core Insights - BHP Group Limited reported a 26% year-over-year decrease in underlying attributable profit from continuing operations at $10.2 billion for fiscal 2025, primarily due to declining iron ore and coal prices, although record production volumes in copper and iron ore partially offset this decline [1][10]. Financial Performance - Underlying earnings per share were $2.00, down from $2.70 in fiscal 2024, while earnings per American Depositary Share (ADS) were $4.00, lower than $5.40 in the previous year, but exceeded the Zacks Consensus Estimate of $3.87 [2]. - Revenues for fiscal 2025 totaled $51.3 billion, missing the Zacks Consensus Estimate of $52.1 billion and representing an 8% decrease from the prior fiscal year [3]. - The Iron ore segment's revenues fell 18% year over year to approximately $23 billion, while revenues in the Copper segment increased 21.4% to $22.5 billion, and the Coal segment's revenues plunged 34.2% to $5 billion [3][10]. - Underlying EBITDA decreased 10.6% from the prior year to $26 billion, with an EBITDA margin of 53%, down from 54% [7]. Production Highlights - Total iron ore production for fiscal 2025 reached a record 263 million tons (Mt), up 1% year over year, aligning with the company's guidance [4]. - Copper production rose 8% year over year to a record 2,017 kilotons (kt), while nickel output was 30.2 kt, which was 63% lower year over year [6]. Operational Efficiency - Profit from operations increased 11% year over year to $19.4 billion, and attributable profit for total operations increased 14% year over year to $9 billion [8]. - Net operating cash flow for fiscal 2025 was $18.7 billion, down from $20.7 billion in fiscal 2024, attributed to lower realized prices [9]. Investment and Capital Expenditure - The company invested $2.1 billion to acquire a 50% interest in the Vicuña joint venture, with total capital and exploration expenditure amounting to $9.8 billion, up 6% from the prior fiscal year [11]. Future Guidance - BHP Group's iron ore production guidance for fiscal 2026 is set at 258-269 Mt, with copper production expected to be between 1,800-2,000 kt [12].
Highland Critical Minerals to spin out Highland Red Lake Gold
Proactiveinvestors NA· 2025-08-20 13:50
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
Copper margins climb as large-scale miners outpace smaller rivals
Proactiveinvestors NA· 2025-08-20 13:25
About this content About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business output a ...
NoHo, Inc. Announces that its CEO is providing up to $1 Million Interim Funding to Accelerate Growth Initiatives
Prnewswire· 2025-08-20 13:05
Group 1 - NoHo, Inc. has announced that its CEO will advance up to $1 million to support the company's growth strategy, with an initial advance of $250,000 allocated to various investments [1][2] - The funds will be used to increase investment in AIEnglish, provide funding for Smog Armor, and support new acquisitions and working capital requirements [1][2] - The company aims to develop into a global holding company with diverse interests, including a California-based mine and a minority interest in an AI company [3] Group 2 - NoHo is committed to promoting environmentally conscious lifestyles and aims to drive a global movement for sustainable living and eco-friendly practices [4] - The company plans to meet the world's mineral needs through innovative and cleaner mining practices while acknowledging the essential role of mining in modern life [5] - NoHo is expanding its focus into the financial technology sector, targeting investments in revenue-positive companies with proprietary software solutions for long-term growth [5]