Mining
Search documents
Cavalry Capital Corp. Announces Conditional TSXV Acceptance and Filing of Filing Statement for Qualifying Transaction
TMX Newsfile· 2025-12-15 15:39
Core Viewpoint - Cavalry Capital Corp. has received conditional acceptance from the TSX Venture Exchange to proceed with its business combination with Advanced Energy Fuels, Inc., which will be classified as Cavalry's "Qualifying Transaction" [1][3]. Group 1: Transaction Details - The business combination is expected to close on or before December 31, 2025 [2]. - A filing statement dated December 12, 2025, has been submitted, which includes a technical report on the South Woodie Woodie Manganese Project in Western Australia [3]. - The summary financial information for Advanced Energy includes: - Interest income of $4,366 for the nine-month period ended September 30, 2025, compared to $1,559 for the year ended December 31, 2024 - Operating expenses of $350,266 for the nine-month period, up from $168,175 for the previous year - Net loss after tax of $345,900 for the nine-month period, compared to $155,966 for the year ended December 31, 2024 - Total assets of $1,256,932 as of September 30, 2025, compared to $540,394 at the end of 2024 - Shareholders' equity of $1,106,714 as of September 30, 2025, up from $423,409 at the end of 2024 [4]. Group 2: Corporate Changes - Following the completion of the Transaction, Cavalry will be renamed "AE Fuels Corporation" and will undergo a share capital consolidation at a ratio of 1.66 pre-Consolidation shares for each post-Consolidation share [4]. - The board of directors of the Resulting Issuer will consist of five members: Gary Lewis, Melissa Sanderson, Mitchell Smith, Derek Marshall, and Brandon Bonifacio [4]. Group 3: Management Team - Gary L. Lewis will serve as Chief Executive Officer and President, bringing over 30 years of experience in capital markets and resource projects valued over US$400 million [5]. - Jack Cartmel, as Chief Financial Officer, has over 20 years of experience in the mining industry and has held various senior financial roles [6]. - Melissa Sanderson, a director, has over 40 years of experience in geopolitics and ESG strategies, previously serving as a US diplomat [7]. - Mitchell Smith, another director, has over 15 years of experience in finance and capital markets, focusing on critical mineral supply chain security [8]. - Derek Marshall, a director, is an exploration geologist with nearly two decades of experience in mineral discovery and project development [9][10]. - Brandon Bonifacio has been the CEO of Cavalry since April 2021, with extensive experience in project development and mergers and acquisitions [11].
Montero Mining and Exploration shares begin trading on Frankfurt Stock Exchange
Proactiveinvestors NA· 2025-12-15 15:09
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Stocks Climb in Anticipation of Fed-Friendly US Economic News
Yahoo Finance· 2025-12-15 14:57
Economic Indicators - The Dec NAHB housing market index is expected to increase by +1 to 39 [1] - Nov nonfarm payrolls are expected to increase by +50,000, with the unemployment rate at 4.5% [1] - Nov average hourly earnings are expected to rise by +0.3% m/m and +3.6% y/y [1] - Oct retail sales are expected to be up +0.1% m/m, and retail sales ex-autos are expected to be up +0.2% m/m [1] - The Dec S&P manufacturing PMI is expected to decline by -0.2 to 52.0 [1] - Weekly initial unemployment claims are expected to fall -11,000 to 225,000 [1] - Nov CPI is expected to be +3.1% y/y, and Nov core CPI is expected to be +3.0% y/y [1] - Nov existing home sales are expected to be up +1.2% m/m to 4.15 million [1] - The University of Michigan Dec consumer sentiment index is expected to be revised upward by +0.2 to 53.5 [1] Global Economic News - China's Nov industrial production eased to +4.8% y/y from +4.9% y/y in Oct, below expectations of +5.0% y/y [2] - China's Nov retail sales rose +1.3% y/y, weaker than expectations of +2.9% y/y, marking the smallest increase in 2.75 years [2] - China's new home prices fell 0.39% m/m, marking the 30th consecutive month of declines [2] Stock Market Performance - US stock indexes are climbing, with the S&P 500 Index up by +0.39%, Dow Jones up by +0.27%, and Nasdaq 100 up by +0.50% [5] - The markets are discounting a 27% chance that the FOMC will cut the fed funds target range by 25 bp at the next meeting [5] - Mining stocks are moving higher, with gold and copper up more than +1% and silver up more than +3% [11] - KLA Corp is up more than +4% after an upgrade from Jeffries, leading chip makers higher [10] - ZIM Integrated Shipping Services is up more than +5% after a reported bid from MSC to purchase the company [12] Interest Rates and Bond Market - The 10-year T-note yield is down -2.0 bp to 4.165%, with T-notes climbing due to dovish economic indicators [7] - The yield curve has steepened since the last FOMC meeting, indicating bearish sentiment for T-note prices [8] - European government bond yields are moving lower, with the 10-year German bund yield down -1.7 bp to 2.840% [9]
C3 Metals hits copper mineralization in first-ever drill hole at Peru project
Proactiveinvestors NA· 2025-12-15 14:05
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's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
Investors who lost money on Freeport-McMoRan Inc.(FCX) should contact The Gross Law Firm about pending Class Action - FCX
Prnewswire· 2025-12-15 14:00
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Freeport-McMoRan Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements related to safety practices at its Grasberg Block Cave mine in Indonesia [1]. Group 1: Allegations - The complaint alleges that Freeport did not adequately ensure safety at the Grasberg Block Cave mine [1]. - It is claimed that the lack of proper safety precautions posed a heightened risk that could foreseeably lead to worker fatalities [1]. - The allegations include that this situation constituted an undisclosed heightened risk of regulatory, litigation, and reputational issues [1]. - As a result, the defendants' statements about Freeport-McMoRan's business, operations, and prospects were materially false and misleading [1]. Group 2: Class Action Details - The class period for the lawsuit is from February 15, 2022, to September 24, 2025 [1]. - Shareholders are encouraged to register for the class action by January 12, 2026, to potentially be appointed as lead plaintiff [2]. - Once registered, shareholders will be enrolled in a portfolio monitoring software for status updates throughout the case [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting the rights of investors affected by deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and engage in good corporate citizenship [3].
EDM Resources closes C$1M private placement to fund Scotia Mine environmental work
Proactiveinvestors NA· 2025-12-15 13:40
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Cerro de Pasco Resources Strengthens Social License with the Community of Quiulacocha
Globenewswire· 2025-12-15 13:30
Core Points - Cerro de Pasco Resources Inc. has formalized a surface use agreement with the Community of Quiulacocha, enhancing its social license to operate and supporting the Quiulacocha Tailings Project [1][3] - The agreement, approved by the Community Assembly, outlines a framework for coordinated use of surface areas for various technical activities related to the project [2] - The agreement has a two-year renewable term and emphasizes community engagement, local participation, and social responsibility [3] Project Development - The Quiulacocha Tailings Reprocessing Project is recognized nationally in Peru for its potential to provide environmental remediation, economic development, and social benefits [4] - The project has been included in the Ministry of Economy and Finance's Specialized Priority Projects List since March 2023, highlighting its significance [4] - The company aims to reprocess and remediate historic mining waste from its El Metalurgista mining concession, which contains silver-rich tailings accumulated over more than a century [6] Collaborative Framework - The agreement reflects a collaborative relationship between the company and the community, aligning their objectives for the responsible development of the Quiulacocha Tailings Project [3][5] - The framework supports best practices for social engagement and is aligned with environmental management and permitting processes for tailings reprocessing projects in Peru [5] - The company is committed to advancing the project as a model for responsible tailings reprocessing and sustainable value creation in the region [7]
FCX UPCOMING DEADLINE: Freeport-McMoRan Inc. Safety Issues Trigger Securities Class Action – Contact BFA Law before January 12 Deadline
Globenewswire· 2025-12-15 13:08
Core Viewpoint - A class action lawsuit has been filed against Freeport-McMoRan Inc. and certain senior executives for securities fraud following significant stock drops attributed to potential violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit is based on claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, representing investors in Freeport securities [3]. - Investors have until January 12, 2026, to request to lead the case, which is pending in the U.S. District Court for the District of Arizona [3]. Group 2: Company Operations and Safety Claims - Freeport operates the Grasberg Copper and Gold Mine in Indonesia, where it has been accused of overstating its commitment to safety while conducting unsafe mining practices [4][5]. - The company had previously promoted its safety procedures, including the use of data and technology to prevent fatal incidents [4]. Group 3: Stock Price Impact - On September 9, 2025, Freeport's stock dropped by $2.77 per share (over 5.9%) following a press release about suspended mining operations due to a landslide [6]. - Following updates on September 24, 2025, regarding fatalities and expected lower sales, the stock fell by $7.69 per share (almost 17%) [7]. - Additional reports on September 25, 2025, regarding strained relations with the Indonesian government led to a further drop of $2.33 per share (over 6%) [8]. - A report on September 28, 2025, indicated that the landslide was preventable, further impacting investor confidence [9].
Silver Is the Supply Chain Vulnerability the World Should Be Most Worried About
Accessnewswire· 2025-12-15 13:00
NEW YORK, NY / ACCESS Newswire / December 15, 2025 / As the market has paid increasing attention to, and begun revaluing, SMX's (NASDAQ:SMX) potential across plastics, gold, rare earths, and hardware authentication, one material has remained largely under-discussed. Silver. Not because it is unimportant. ...
Rio Silver Completes 100% Acquisition of High-Grade Maria Norte Silver Project in Peru’s Historic Huachocolpa District
Globenewswire· 2025-12-15 12:30
Core Viewpoint - The acquisition of the Maria Norte Silver-Gold-Lead Project marks a significant step for Rio Silver, positioning the company to capitalize on the surging global demand for silver driven by AI, electronics, and renewable energy markets [1][3]. Company Overview - Rio Silver Inc. has successfully acquired 100% ownership of the Maria Norte Project, located in a prominent silver-producing region in Peru [6]. - The company aims to advance toward production while establishing a broader silver platform in a historically rich mining district [3][6]. Technical Insights - A geological report under NI 43-101 confirms high-grade silver-gold mineralization, with notable samples showing up to 6.26 g/t Au and 991 g/t Ag [4][6]. - The project demonstrates a robust, multi-metallic system with significant potential across multiple veins, supported by historical exploration data [4][6]. Market Context - The global silver market is experiencing a structural deficit, with demand from sectors such as AI infrastructure, data centers, solar power, and electric vehicles outpacing mine supply [5]. - Current silver inventories are at multi-decade lows, indicating a strong market opportunity for silver investments [5]. Strategic Advantages - The Maria Norte Project benefits from existing infrastructure and a low-capex development pathway, with multiple processing facilities located within 11 km [6][13]. - The company has a tight capital structure and insider alignment, enhancing its leverage to exploration success and metal prices [13]. Investment Opportunity - For investors, Rio Silver represents a focused, high-impact silver opportunity with near-term catalysts and a strong geological context [7].