Core Points - St. Augustine Gold and Copper Limited has appointed Mr. Michael G. Regino to its Board of Directors, replacing the late Mr. Johnny Aurelio C. Felizardo [1][4] - Mr. Regino has over 35 years of managerial experience in construction, real estate development, and mining, and is currently the Chief Operating Officer of the Company [2] - The Company is focused on the development of the Kingking Copper-Gold Project, which is one of the largest undeveloped copper-gold deposits globally and is prioritized by the Philippine government [5] Company Background - St. Augustine Gold and Copper Limited is listed on the TSX under the ticker SAU and is primarily engaged in mining activities [5] - The Kingking Copper-Gold Project is recognized as a top three-priority mining project by the Philippine government, highlighting its significance in the region [5] Leadership Experience - Mr. Regino previously served as President and CEO of the Social Security System, where he managed to deliver over P1 trillion in benefits to members [3] - He has also held board positions in two public companies, Union Bank of the Philippines and Philex Mining, in the last five years [3]

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].

Group 1: Appointment of Directors - The Company appointed Mr. Ravi Sharma and Mr. Abhinay Khowala as new directors following the acquisition of a 56% shareholding by International Resources Holding's subsidiary, Alpha Mining Ltd [2][3] - Mr. Sharma has 36 years of experience in the mining industry and is a JORC Competent Person and NI 43 101 Qualified Person for Mineral Resource Estimates [4] - Mr. Khowala has over 20 years of experience in financial management and is a qualified Chartered Accountant from The Institute of Chartered Accountants of India [5] Group 2: Interim FY2025 Dividend - The Board declared an interim FY2025 cash dividend of CAD$0.07 per share, totaling approximately US$65 million, payable on September 15, 2025 [6] - The Company intends to consider a further top-up FY2025 dividend in November 2025 based on its financial position and market conditions [6] Group 3: Company Objectives - The Company aims to declare semi-annual dividends and to enhance its tin production by increasing exploration efforts to extend the life of the mine and search for new tin deposits near the Bisie mine [7]

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]