VANCOUVER, BC, July 31, 2025 /PRNewswire/ - Thesis Gold Inc. ("Thesis" or the "Company") (TSXV: TAU) (WKN: A3EP87) (OTCQX: THSGF) is pleased to announce the appointment of Russell Ball to its Board of Directors and David Garratt as Chief Financial Officer and Corporate Secretary. In connection with these changes, Nick Stajduhar has stepped down from the Board effective immediately, but will continue with the Company in his role as Vice President, Corporate Development, and Sean Mager has stepped down as CFO ...

Core Viewpoint - Energy Fuels Inc. announces the appointment of Mr. Ross R. Bhappu as President effective August 4, 2025, while Mr. Mark S. Chalmers continues as CEO and Director, aligning with the company's long-term succession plans [1][2]. Company Overview - Energy Fuels is a leading U.S.-based critical minerals company focused on uranium, rare earth elements, heavy mineral sands, vanadium, and medical isotopes [3]. - The company has been the leading U.S. producer of natural uranium concentrate for several years, supplying nuclear utilities for carbon-free nuclear energy production [3]. - Energy Fuels operates the White Mesa Mill in Utah, the only fully licensed and operating conventional uranium processing facility in the U.S., producing advanced rare earth element products and evaluating the recovery of medical isotopes [3]. Leadership Background - Mr. Ross R. Bhappu brings over 35 years of experience in mining and private equity, with significant expertise in project evaluation, development, and financing [2]. - Bhappu has a Ph.D. in Mineral Economics and has held various technical and financial roles in companies like Cyprus Minerals and Newmont Mining Corporation [2]. - His previous achievements include the acquisition of Mountain Pass, the only operating rare earth mine in the U.S., and serving as Chairman of Molycorp, Inc. [2].

1. Industry Investment Rating - No investment rating information is provided in the report. 2. Core Viewpoints - The lead market shows a pattern of increasing supply and demand with no obvious contradictions. Tight raw materials and peak - season expectations support lead prices, and short - term lead prices are expected to trade in a range [1]. - The zinc market has an increase in both ore and ingot supply, while demand is in the off - season with continuous inventory accumulation. The fundamentals are weak, and short - term zinc prices are expected to trade in a range considering the repeated "anti - involution" sentiment in the macro - environment [1]. 3. Summary by Relevant Catalogs 3.1 Price and Market Indicators - **Lead** - SMM1 lead ingot average price was 16,750 yuan/ton, down 0.15% from the previous day; Shanghai lead futures main contract closed at 16,890 yuan/ton, down 0.06% [1]. - Shanghai lead basis was - 140 yuan/ton, down 15 yuan; LME 0 - 3 lead premium was - 36.37 dollars/ton, down 4.57 dollars [1]. - Futures active contract volume was 37,318 lots, down 22.22%; open interest was 66,741 lots, up 3.42% [1]. - LME lead inventory was 276,375 tons, unchanged; Shanghai lead warehouse receipts inventory was 61,934 tons, up 1.64% [1]. - LME 3 - month lead futures (electronic) closed at 1,992 dollars/ton, down 1.39%; Shanghai - London lead price ratio was 8.48, up 1.35% [1]. - **Zinc** - SMM1 zinc ingot average price was 22,610 yuan/ton, up 0.49%; Shanghai zinc futures main contract closed at 22,670 yuan/ton, up 0.07% [1]. - Shanghai zinc basis was - 60 yuan/ton, up 95 yuan; LME 0 - 3 zinc premium was - 2.69 dollars/ton, up 1.23 dollars [1]. - Futures active contract volume was 141,408 lots, up 11.15%; open interest was 116,245 lots, down 1.17% [1]. - LME zinc inventory was 109,050 tons, unchanged; Shanghai zinc warehouse receipts inventory was 15,232 tons, down 0.49% [1]. - LME 3 - month zinc futures (electronic) closed at 2,795.5 dollars/ton, down 0.68%; Shanghai - London zinc price ratio was 8.11, up 0.75% [1]. 3.2 Industry News - **Lead** - Grupo Mexico's Q2 2025 zinc concentrate output was 45,900 tons, a year - on - year increase of 56% due to the operation of Buenavista zinc mine and higher ore grade [1]. - In Ningxia, the arrival of watermelon - harvesting season has increased the demand for logistics vehicles, making it difficult for lead smelters to find transport vehicles, and freight has risen by 20 - 50 yuan/ton [1]. - Northeast China's primary lead smelters plan to conduct equipment maintenance from August for 30 - 45 days, ending around mid - September, with an expected lead production impact of 5,000 - 8,000 tons [1]. - **Zinc** - Fresnilloplc's Q2 2025 zinc concentrate metal output was 28,400 tons, a quarter - on - quarter increase of 12.5%, mainly due to higher ore grade and throughput at Saucito and Juanicipio, partially offset by lower grade and recovery at Ciénega [1]. 3.3 Fundamental Analysis - **Lead** - There is no expected increase in lead concentrate imports, and processing fees are likely to rise. A primary lead smelter had a slight decline in production due to equipment failure last week [1]. - Scrap lead - acid battery prices are likely to rise, and recyclers' supplies are limited. Some secondary lead smelters have reduced or stopped production due to raw material shortages or cost - price inversion, but the acceptance of high - priced secondary lead has improved, and secondary lead production is gradually recovering [1]. - As the end of July approaches, the market still expects peak - season consumption, but most enterprises suspended purchases for inventory checks at the end of the month [1]. - **Zinc** - Smelters have sufficient raw material stocks, and zinc concentrate processing fees are rising. Domestic smelters are negotiating August processing fees, and fees are expected to continue rising, weakening cost support [1]. - Zinc prices strengthened during the week, and downstream off - season purchases decreased significantly [1].

Industry Overview - The global competition for critical minerals, particularly rare earth elements, is intensifying due to rising geopolitical tensions between the US and China [1] - The US is heavily reliant on China, which controls over 90% of the world's rare earth refining capacity, exposing vulnerabilities in the US supply chain [3][2] - Recent export controls imposed by Beijing on rare earth elements have highlighted the urgency for the US to develop its own supply chain [2] Company Strategy - American Resources Corp is positioning itself as a key player in the US rare earths market, focusing on innovation in mining, refining, and downstream manufacturing [3][12] - The company operates a vertically integrated business model, controlling over 30,000 acres of rare-earth-rich land and utilizing a proprietary refining method that is more efficient and environmentally friendly than traditional methods [7][8] - American Resources has established a network of subsidiaries and partnerships, including a commitment to build a $100 million refining facility in Africa and a $150 million letter of interest from the US Export-Import Bank for domestic expansion [9][10] Market Positioning - The company aims to challenge China's dominance in rare earth pricing by developing a decentralized, AI-driven pricing platform to enhance market transparency and efficiency [11] - American Resources focuses on lesser-known but strategically important materials, such as samarium, cobalt, and germanium, which are essential for defense applications [10] - The company plans to announce new partnerships and key customers in the coming months, expanding its footprint in both commercial and defense markets [12][13]

Core Insights - The company is focusing on operational efficiency following disappointing results in H1 2025, with a commitment to improve performance in the second half of the year [2][4][19] Financial Performance - Adjusted EBITDA (excluding SLN) for H1 2025 was €191 million, down 45% compared to H1 2024, primarily due to reduced contributions from PT WBN and unfavorable product mix [4][19] - Net Income, Group share (excluding SLN) was negative at -€101 million, a decline of €132 million year-on-year [4][19] - Adjusted Free Cash Flow was -€266 million, with liquidity remaining high at €1.7 billion [4][24] Operational Highlights - Safety performance remained strong with a Group TRIFR of 0.6, significantly better than the CSR roadmap target of <1.0 [5] - Manganese ore transported volumes are revised to between 6.5 and 7.0 million tonnes for 2025, with FOB cash costs adjusted to between $2.1 and $2.3/dmtu [4][47] - Nickel ore sales are projected between 36 and 39 million wet metric tonnes for 2025, reflecting revised licensing [4][64] Market Trends - Global carbon steel production declined by nearly 2% in H1 2025, with China experiencing a 3% drop due to reduced domestic demand [33][34] - The price index for manganese ore averaged $4.6/dmtu in H1 2025, down 14% year-on-year, influenced by increased supply from South Africa and Australia [38][39] - Global demand for lithium increased by 29% in H1 2025, driven by electric vehicle sales, while lithium supply also rose, leading to a surplus in the market [81][82] Strategic Initiatives - The company launched an in-depth operational review in June 2025 to enhance performance [4] - A controlled capex plan for 2025 is reiterated at between €400 million and €450 million, focusing on sustaining and strengthening rail transportation capacity [4][97] - The company is actively pursuing health prevention efforts as part of its "Act for Positive Mining" roadmap [8]

Company Overview - CEO.CA is a leading investor social network focused on venture stocks, founded in 2012 and is a wholly owned subsidiary of EarthLabs, Inc. [2][6] - The platform is popular in Canada and globally, attracting millions of visitors annually to connect with investors and share knowledge about stocks, commodities, and emerging companies [2][6]. Recent Developments - Revival Gold Inc. has successfully increased its financing from C$24 million to C$29 million, with investments from strategic partners EMR Capital and Dundee Corporation [4]. - The new capital will be utilized for extensive drilling activities, specifically 50,000 feet across the Mercur project in Utah and the Beartrack-Arnett project in Idaho [4]. Engagement and Content - CEO.CA features an interview series called 'Inside the Boardroom', providing insights from industry leaders about their vision, challenges, and strategies [3]. - The platform encourages companies to showcase themselves through this series, offering opportunities for further engagement [5].

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 About this content About Emily Jarvie Emily bega ...

Core Viewpoint - Callinex Mines Inc. has appointed Mr. Peter Dimmell as the lead director on the technical committee, bringing over 50 years of exploration experience to advance the Pt. Leamington Project in Newfoundland [2][3][7]. Company Developments - Mr. Dimmell was part of the discovery team for the Pt. Leamington VMS deposit and has extensive experience with other mines in Newfoundland [3][7]. - The Pt. Leamington Project has a pit constrained Indicated Mineral Resource of 5.0 million tonnes grading 2.5 g/t AuEq, totaling 402,000 ounces AuEq, and an Inferred Mineral Resource of 13.7 million tonnes grading 2.24 g/t AuEq, totaling 986,500 ounces AuEq [4][11]. - The deposit is characterized as a large, felsic-hosted VMS deposit with a strike length of 500 meters and a maximum thickness of 85 meters, with drilling indicating massive sulphides to a depth of 360 meters [5][11]. Strategic Moves - Callinex has entered into a purchase agreement to acquire a mineral license consisting of 5 claims adjacent to the Pt. Leamington Project, issuing 50,000 common shares to the vendor [8][9]. - The transaction includes a 1% net smelter return royalty, which can be repurchased for C$1,000,000, subject to TSX Venture Exchange acceptance [9].

Highlights: VANCOUVER, British Columbia, July 30, 2025 (GLOBE NEWSWIRE) -- Callinex Mines Inc. (the "Company" or "Callinex") (TSX-V: CNX; OTCQX: CLLXF) is pleased to announce that it has appointed Professional Geologist (P.Geo) and exploration consultant, Mr. Peter Dimmell to the Company's Board of Directors as the lead director on the technical committee. Mr. Dimmell, while working with Noranda, was part of the discovery and delineation team of the gold, copper, zinc and silver rich Pt. Leamington volcanog ...

Core Viewpoint - Cerro de Pasco Resources Inc. has significantly improved its financial position through strategic realignment and the sale of non-core assets, achieving a net income of $24.6 million for the fiscal year ended March 31, 2025, compared to a net loss in the previous period [1][4]. Financial Performance - Net income for FY 2025 was $24.6 million, a turnaround from a net loss of $29.3 million in FY 2024 [3][4]. - Earnings per share increased to $0.06 from a loss of $0.09 per share in the prior period [3][4]. - Cash balance rose to $11.5 million, with positive working capital of $6.3 million, compared to a deficit of $55.0 million in the previous year [3][4]. - Shareholders' equity improved to $6.7 million, reversing a deficit of $40.8 million [3][4]. - Total assets decreased to $16.3 million from $37.4 million, while total liabilities dropped significantly to $9.6 million from $78.2 million [3][4]. Strategic Developments - The sale of the Santander mine in August 2024 eliminated over $70 million in liabilities and allowed the company to focus on the Quiulacocha Tailings Project [5]. - The company raised over $17 million through private placements, enhancing liquidity and shareholder alignment [5]. - An easement agreement was signed with Activos Minerales S.A.C. in May 2024, enabling a 40-hole drilling program at Quiulacocha [5]. Future Outlook - The company is advancing technical, environmental, and permitting activities at Quiulacocha, aiming to deliver its Preliminary Feasibility Study (PFS) and achieve near-term development milestones [6]. Company Overview - Cerro de Pasco Resources focuses on developing its 100% owned El Metalurgista mining concession, which consists of silver-rich mineral tailings and stockpiles from over a century of mining operations [7]. - The strategy includes reprocessing and environmental remediation of historic mining waste, aiming to unlock value while supporting sustainable development [7].