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Mkango Resources Limited Announces Exercise of Warrants
Accessnewswire· 2025-10-17 06:00
Core Points - Mkango Resources Ltd has received an exercise notice from a warrant holder to exercise 1,200,000 warrants at a price of five pence per common share [1] - The company will issue 1,200,000 common shares to satisfy this exercise [1] Company Summary - Mkango Resources Ltd is listed on AIM and TSX-V under the ticker MKA [1] - The exercise of warrants indicates investor confidence in the company's future prospects [1]
Tech Rally Fuels US Market Gains as Analysts Boost Price Targets for Altius Minerals and Talen Energy
Stock Market News· 2025-10-17 03:38
US Stock Market and Technology Sector - The US stock market experienced a robust rally, primarily driven by the technology sector, with Nvidia (NVDA) leading the charge amid strong demand for AI and semiconductor innovations [2][8] - Nvidia's shares climbed significantly, underscoring its dominant position in AI training and inference through its powerful GPUs and comprehensive CUDA platform [2] - The rally indicates a broader market rotation towards growth-oriented tech companies that demonstrate strong intellectual property and market share in high-performance computing [2] Mining Sector - Altius Minerals Corp (ALS) received a favorable update from Canaccord Genuity, which raised its price target for the company to C$40 from C$38, reflecting analyst optimism regarding the company's future performance and asset value [3][8] Energy Sector - JP Morgan increased its price target for Talen Energy (TLN) to $442 from $432, indicating growing confidence in Talen Energy's financial outlook and operational capabilities [4][8] - This upward revision aligns with a broader analyst consensus that projects a "Strong Buy" rating for Talen Energy [4] Asia-Pacific Markets - Asia-Pacific markets presented a mixed picture, with ongoing analysis from Newsquawk highlighting the impact of global economic factors and trade tensions on regional performance [5][8]
How metals became one of this year's hottest trades
Yahoo Finance· 2025-10-16 23:37
Group 1: Precious Metals - Gold prices have surged 57% in 2025, surpassing $4,000 per ounce, outperforming the S&P 500 and Bitcoin [3] - Silver futures reached $53.55 per ounce, marking a record high not seen in 45 years due to a short squeeze [6] - Central banks are increasing their gold reserves, supporting bullish sentiment in the gold market [4] Group 2: Economic Factors - Economic uncertainty, rising government debt, and inflation fears have driven demand for precious metals [2][5] - The "debasement trade" is a key factor, as investors seek to hedge against currency devaluation [2][5] Group 3: Mining Stocks - Mining stocks are experiencing significant gains, driven by the overall rise in metal prices [7][8] - The U.S. government's interest in domestic mining companies has gained attention, contributing to the sector's growth [7]
Uranium Royalty Announces Voting Results
Prnewswire· 2025-10-16 22:35
Core Points - Uranium Royalty Corp. held its annual general meeting on October 16, 2025, where all proposed nominees were elected as directors [1] - A total of 65,682,446 common shares were voted, representing 49.15% of all outstanding shares [3] Director Elections - Six nominees were elected as directors with the following votes: - Amir Adnani: 35,606,472 votes - Scott Melbye: 36,419,052 votes - Vina Patel: 46,004,748 votes - Neil Gregson: 46,054,180 votes - Donna Wichers: 36,310,681 votes - Ken Robertson: 46,047,607 votes - The board now consists of Amir Adnani, Scott Melbye, Vina Patel, Neil Gregson, Donna Wichers, and Ken Robertson [2] Auditor Appointment - Shareholders approved the appointment of PricewaterhouseCoopers LLP as the auditor for the upcoming year and authorized the Board to fix the auditor's remuneration [3] Company Overview - Uranium Royalty Corp. is the only uranium-focused royalty and streaming company listed on NASDAQ, providing investors with exposure to uranium commodity prices through various strategic acquisitions [4] - The company aims to meet the growing demand for uranium as fuel for carbon-free nuclear energy, leveraging its deep industry knowledge and expertise [4]
The great repricing: Market models point to $30,000 gold amid silver supply shock
KITCO· 2025-10-16 22:19
Core Insights - Jeremy Szafron has joined Kitco News as an anchor and producer, bringing extensive experience in journalism, particularly in finance and current affairs [1][5] Background and Career Development - Jeremy began his journalism career in 2006 at CTV, initially focusing on entertainment before transitioning to business reporting, especially in mining and small-cap sectors [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 Impact - 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 markets [4] Professional Expertise - Jeremy has served as a market strategist and investor relations consultant for various publicly traded companies across mining, energy, consumer packaged goods (CPG), and technology sectors [5] - He holds a BA in Journalism from Concordia University, which has supported his diverse career trajectory [5]
X @Bloomberg
Bloomberg· 2025-10-16 22:06
Australian Treasurer Jim Chalmers will promote his nation’s ability to be a crucial part of Washington’s efforts to diversify the rare earths supply chain away from China, as part of talks with Kevin Hassett https://t.co/rl1VxNI7gx ...
X @BBC News (World)
BBC News (World)· 2025-10-16 22:06
China has found Trump's pain point - rare earths https://t.co/hDvlJeYn0S ...
FREEPORT INVESTIGATION: Bragar Eagel & Squire, P.C. Urges Freeport-McMoran Inc. Stockholders to Contact the Firm Regarding Ongoing Investigation
Globenewswire· 2025-10-16 21:53
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Freeport-McMoran Inc. regarding possible violations of federal securities laws and unlawful business practices affecting stockholders [1][2]. Investigation Details - The law firm is reaching out to investors who purchased or acquired Freeport shares and suffered losses, encouraging them to discuss their legal rights and options [1][2]. - There is no cost or obligation for investors to inquire about these claims [2]. Company Background - Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California, representing individual and institutional investors in various complex litigations [3]. Recent Events - On September 9, 2025, Freeport announced the suspension of mining activities at its Grasberg Block Cave operation in Indonesia due to a blockage caused by wet material, which trapped seven workers [5]. - Following this announcement, Freeport's stock price dropped by $2.80 per share, or 5.99%, closing at $43.87 per share on the same day [5].
Collective Metals Confirms Strong Radioactivity at Surface During Successful Exploration Program at the Rocas Uranium Project
Globenewswire· 2025-10-16 21:00
Core Insights - Collective Metals Inc. announced preliminary results from its 2025 exploration program at the Rocas Uranium Project, confirming strong radioactivity at multiple historical uranium showings and identifying new radioactive anomalies [1][2][3] Exploration Program Overview - The Rocas project spans 4,002 hectares, located 75 kilometers southwest of the Key Lake Mine and Mill facilities, and approximately 72 kilometers south of the Athabasca Basin margin [2][15] - A detailed mapping and sampling program was conducted from September 30 to October 8, 2025, to validate historical uranium showings [2][3] Radioactivity Findings - Strong radioactivity was verified at multiple historical uranium showings, with several scintillometer measurements exceeding 10,000 counts per second (cps) at the surface [3][4] - New radioactive anomalies were discovered, indicating potential for uranium and Rare Earth Element (REE) mineralization [3][4] Geological Insights - Geological mapping confirmed the presence of deformed and hydrothermally altered basement lithologies along over 7.5 kilometers of exploration strike length [3][10] - A high-resolution ground gravity survey completed in 2024 highlighted potential alteration halos and high-priority exploration targets [3][10] Sampling and Analysis - A total of 16 outcrop and boulder grab samples were submitted for geochemical analysis, with notable findings including a peak radioactivity of over 33,000 cps at SMDI showing 5781 [4][6] - The prospecting confirmed several uraniferous outcrops and boulders, with readings of anomalous radioactivity recorded [4][10] Future Plans - The company plans to initiate its first drill program in 2026 to test high-priority zones along the main magnetic low/EM conductive corridor, which has not been drill-tested to date [7][8] - The Rocas Project is considered highly prospective for shallow, high-grade basement-hosted uranium mineralization, with historical grab samples showing values up to 0.498 wt.% U3O8 [8][15]
Sun Peak Metals Announces $5.0 Million Private Placement Offering of Subscription Receipts
Accessnewswire· 2025-10-16 21:00
Group 1 - The company, Sun Peak Metals Corp., announced a non-brokered private placement of up to 14,285,714 subscription receipts at a price of $0.35 per receipt, aiming for aggregate gross proceeds of up to $5,000,000 [1] - The proceeds from the offering are intended for the advancement of its properties and for working capital and general corporate purposes [1] - This offering is in connection with a previously announced business combination with Saudi Discovery Company SPV Limited [1]