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Sonoro Gold announces C$525,000 private placement to advance Cerro Caliche project
Proactiveinvestors NA· 2025-08-20 12:09
We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and ...
Element 29 Closes Private Placement of $6.3M
Newsfile· 2025-08-20 12:00
All dollar amounts are Canadian, unless otherwise noted. Vancouver, British Columbia--(Newsfile Corp. - August 20, 2025) - Element 29 Resources Inc. (TSXV: ECU) (OTCQB: EMTRF) (BVL: ECU) ("Element 29" or the "Company") announces it has closed effective August 19, 2025 its non-brokered private placement ("Financing") of 12,649,000 units of the Company (the "Units") at a price of $0.50 per Unit for aggregate gross proceeds to the Company of up to $6,324,500. Each Unit issued under the Financing consists of on ...
Excellon Resources sees major milestone as Glencore deal closes
Proactiveinvestors NA· 2025-08-20 11:53
Group 1 - Proactive specializes in providing fast, accessible, and informative business and finance news content to a global investment audience [2][3] - The company focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - Proactive's news team operates from key financial hubs around the world, including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Group 2 - The company employs technology to enhance workflows and has a strong commitment to adopting innovative tools [4] - Proactive utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
Midnight Sun starts second drill at Dumbwa to speed up exploration
Proactiveinvestors NA· 2025-08-20 11:41
About this content About Jamie Ashcroft Jamie Ashcroft, the News Editor for Proactive UK, has developed an impressive career in financial journalism, focusing on the small-cap sector for over fourteen years. Before joining the Proactive team, he was a stockbroker during the global financial crisis, a role that complemented his educational background - a first- class degree in Business and Economics and qualifications in software design and development. As one of the early external hires at Proactive in 2009 ...
Emerita Intersects 16.9 Meters Grading 1.4% Copper, 2.1% Zinc, 0.93 g/t Gold, 42.66 g/t Silver and 7.2 Meters Grading 1.0% Copper, 1.9% Zn, 1.31 g/t Gold, 60.10 g/t Silver at El Cura Deposit
Globenewswire· 2025-08-20 11:00
Core Insights - Emerita Resources Corp. is expanding its drilling campaign at the El Cura deposit, part of the Iberian Belt West project, to increase resource tonnes with high-grade gold and copper mineralization [1][2][9] - The company has approved an additional 10,000 meters of diamond drilling to convert Inferred Mineral Resource Estimates to Indicated Mineral Resource Estimates and to extend known resource areas [2][26] Recent Drilling Results - Recent drill results include significant intercepts such as: - Drill hole EC057: 3.1m grading 2.3% copper, 1.8% lead, 4.7% zinc, 2.21 g/t gold, and 78.71 g/t silver [6] - Drill hole EC062: 7.2m grading 1.0% copper, 1.4% lead, 1.9% zinc, 1.31 g/t gold, and 60.10 g/t silver [6] - Drill hole EC067: 16.9m grading 1.4% copper, 1.0% lead, 2.1% zinc, 0.93 g/t gold, and 42.66 g/t silver [6] - Drill hole EC068: 2.7m grading 1.3% copper, 1.0% lead, 3.2% zinc, 1.58 g/t gold, and 46.59 g/t silver [6] Geological Insights - The drilling has revealed a distinct westward plunge to the deposit, with ongoing efforts to trace this trend and grow the resource [8] - Historical drilling underestimated the depth potential of the deposit, with Emerita's recent holes demonstrating mineralization extending significantly deeper than previously thought [9] Future Plans - The company plans to continue delineating the El Cura resource, which has not been fully outlined, indicating potential for further discoveries below historic investigations [9][26] - The ongoing success of the drilling program has prompted the company to focus on understanding the structural controls of mineralization to maximize exploration efficiency [26]
华友钴业:业绩回顾:2025 年上半年因镍利润较高而超出预期;电池金属价格Huayou Cobalt (.SS)_ Earnings Review_ 1H25 above on higher nickel profit; Price recovery for battery metal likely short lived, cap the profit improvement; Sell
2025-08-20 04:51
Summary of Huayou Cobalt (603799.SS) Earnings Review and Analyst Briefing Company Overview - **Company**: Huayou Cobalt (603799.SS) - **Industry**: Basic Materials, specifically focusing on battery metals including nickel, cobalt, and lithium Key Financial Results - **1H25 Net Profit**: Rmb2.7 billion, up 62% year-over-year (YoY) [1] - **Earnings Per Share (EPS)**: Rmb1.61, up 62% YoY [1] - **Recurring Profit**: Rmb2.5 billion, up 50% YoY, excluding one-off items [1] - **Revenue Growth**: Total revenue increased by 24% YoY in 1H25, driven by strong performance in nickel and ternary cathode segments [25] Segment Performance - **Nickel Products**: Revenue from nickel products more than doubled YoY, significantly contributing to overall profit [26] - **Ternary Cathode**: Gross profit from ternary cathode increased by 23% YoY, driven by better realized average selling price (ASP) and sales volume [27] - **Cobalt Products**: Revenue from cobalt products decreased by 44% YoY, indicating challenges in this segment [35] - **Copper Products**: Gross profit from copper was down 41% YoY, attributed to lower realized ASP [26] Market Dynamics - **Ternary Battery Market Share**: Declined to 21% in 1H25 from 27% in 2024 and 32% in 2023, impacting shipments and margins for Huayou's battery material business [2] - **Price Outlook**: Recent price recovery in lithium and cobalt is expected to be short-lived, with prices likely to remain depressed due to a global surplus [2] Valuation and Price Target - **Revised Price Target**: Rmb32.4 per share, up from Rmb28.7, based on a sum-of-the-parts (SOTP) valuation [2] - **Theoretical Valuation Range**: Rmb10.1 to Rmb15.7 per share based on bottom-of-the-cycle analysis [2] - **Current Share Price**: Rmb44.07, indicating a downside of 26.5% from the target price [1] Risks and Outlook - **Negative Risk-Reward**: The risk-reward profile remains negative, with potential for further declines in earnings due to market conditions [2] - **Operational Challenges**: The balance sheet remains stretched, with operating cash flow declining by 41% YoY in 1H25 [29] - **Future Projects**: Ongoing projects in Indonesia and Zimbabwe are expected to enhance production capacity, particularly in lithium and nickel [33] Key Takeaways from Analyst Briefing - **MHP Nickel Production**: Strong shipments expected to sustain in 2H25, with MHP shipment in 1H25 at 120kt, up 40% YoY [33] - **Lithium Production Plans**: Full-year lithium production plan maintained at 45kt-LCE for 2025, with expectations to increase to 60-80kt-LCE in 2026 [33] - **Ternary Cathode Shipment Guidance**: Expected to reach 100kt in 2025, indicating over 50% YoY increase [33] Conclusion - Huayou Cobalt's financial performance in 1H25 shows significant growth driven by nickel and ternary cathode segments, but challenges in cobalt and copper markets persist. The company's outlook remains cautious due to market dynamics and operational risks, leading to a maintained sell rating.
Blue Moon Metals Secures up to US$140 Million Project Finance Package from Hartree/Oaktree to Advance Flagship Nussir Project in Norway
Globenewswire· 2025-08-20 02:39
Core Points - Blue Moon Metals Inc. has entered into a memorandum of understanding with Hartree Partners and Oaktree Capital Management for a bridge loan and project financing package totaling up to US$140 million for the Nussir Copper Project in Norway [1][5] - The investment package includes a US$25 million bridge loan, a US$50 million senior secured term loan, a US$70 million precious metals stream, and up to US$20 million in equity investment [1][7][10] - The bridge loan and equity investment will provide US$30 million in available capital to support early works and pre-construction activities for the Nussir project [4][5] Investment Package Details - The bridge loan is structured to provide working capital for Blue Moon and Nussir activities ahead of the project finance package closing, with a maturity date of June 30, 2027 [8][12] - The senior secured term loan will have a 6.5-year term and will be drawn in defined tranches, with interest rates based on a 3-month term SOFR plus a margin [12][10] - The redeemable precious metals stream will involve payments based on a percentage of payable gold and silver production, with specific milestones for stream step-down provisions [19][11] Use of Proceeds - Proceeds from the bridge loan will be used for detailed engineering, procurement of long-lead items, underground development, and operational readiness for the Nussir Copper Project [4][12] - The equity investment will be utilized for general corporate and working capital purposes [12][10] Strategic Importance - The CEO of Blue Moon stated that securing this investment marks a major milestone for the company, reflecting confidence in the project and the team's ability to deliver [5] - The company anticipates announcing additional strategic financing packages in the coming months to cover investments across its portfolio of assets [5]
X @Bloomberg
Bloomberg· 2025-08-20 01:27
Rare Earth Supply Chain - A rebel army in Myanmar has become a major player in the global supply of rare earths [1] - The rebel army's growing influence has implications for neighboring China [1]
“Sanctions are for losers” and tariffs are a “Dumbo tax” as the dollar weakens and gold rises - Steve Hanke
KITCO· 2025-08-19 22:06
Core Insights - Jeremy Szafron has joined Kitco News as an anchor and producer, bringing a wealth of experience in journalism, particularly in finance and commodities [1][5] Background and Career Development - Jeremy began his journalism career in 2006 at CTV, initially focusing on entertainment before transitioning to business reporting, particularly in mining and small-cap companies [2] - He gained recognition for his macro-financial and market trends analysis, becoming a sought-after commentator on CTV Morning Live and CTV News Network [2] - A significant highlight of his career was covering the 2010 Vancouver Olympic Games, which led to the development of an online video news program for PressReader, a digital newsstand with 8,000 editions in 60 languages [3] Digital Media and Industry Engagement - In 2012, Jeremy launched The Green Scene Podcast, which quickly attracted over 400,000 subscribers, establishing him as a prominent voice in the cannabis industry [4] - Following this success, he created Investor Scene and Initiate Research, platforms that provide exclusive market insights and deal-flow opportunities in mining and Canadian small-cap sectors [4] Professional Expertise - Jeremy has experience as a market strategist and investor relations consultant for various publicly traded companies across mining, energy, consumer packaged goods (CPG), and technology industries [5] - He holds a BA in Journalism from Concordia University, which has supported his diverse career trajectory [5]
X @Bloomberg
Bloomberg· 2025-08-19 21:54
On today’s Big Take Asia podcast, how a rebel army in Myanmar became a major player in the global supply for rare earths — and what its growing influence means for neighboring China. https://t.co/37RBnI7RFP ...