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Agnico Eagle Divests Stake in Royal Road Minerals for C$5.51M
ZACKS· 2025-10-07 14:06
Key Takeaways Agnico Eagle sold 47,944,981 Royal Road Minerals shares for C$5.51 million.The sale aligns with AEM's focus on high-quality internal growth and portfolio discipline.AEM has no current plans to repurchase Royal Road shares after fully divesting its stake.Agnico Eagle Mines Limited (AEM) recently announced the sale of its stake in Royal Road Minerals Limited through 47,944,981 ordinary shares. The transaction took place through the Toronto Stock Exchange at a price of C$0.115 per share, generati ...
TMQ Up Over 200% with U.S. Stake, TSLA Announcement & STZ Earnings Pop
Youtube· 2025-10-07 14:01
But we're also watching obviously the key names. IBM up 2 and a half%. Dell today up 5%.AMD after yesterday's gain up 7%. So those are some of the big names that we're watching here on Wall Street. George Silus is with me as we continue to take a look at some of these leaders here.Advanced Micro, the trade, Dell, Constellation, PayPal, some of the best performers. Um, and there you are talking about STZ. George Selis telling me more.Yeah, I mean actually not a bad move so far for constellation Nico and Cole ...
Trilogy Metals Shares Skyrocket 250% In Premarket As Trump Acquires Stake
Forbes· 2025-10-07 13:35
Core Viewpoint - Shares of Trilogy Metals surged over 250% following the Trump administration's announcement of a 10% stake in the company, supporting mining exploration in Alaska, reversing the Biden administration's previous rejection of an Alaskan mining project [1][3]. Group 1: Investment and Stake Acquisition - The U.S. will invest $35.6 million in Trilogy Metals, acquiring a 10% stake and warrants for an additional 7.5% equity [2]. - The investment is part of a broader strategy to support mining exploration in Alaska's Ambler mining district, which includes the issuance of permits for the Ambler Road Project [2][3]. Group 2: Market Reaction - Trilogy Metals' stock price increased approximately 260% to around $7.50, setting a new record and nearly doubling its previous all-time intraday high of $4.76 [1]. - The surge in stock price reflects investor optimism regarding federal support for resource development in Alaska [3]. Group 3: Policy Context - The Trump administration's decision to support the Ambler Road Project is framed as essential for national defense and economic prosperity, contrasting with the Biden administration's earlier rejection due to environmental concerns [3]. - The Interior Secretary's announcement indicates a shift towards reducing U.S. dependence on mineral imports, particularly from China, by acquiring stakes in critical mineral companies [5].
US to Take 10% Trilogy Metals Stake to Tap Alaska Mining
Youtube· 2025-10-07 13:12
The White House taking a 10% stake in Trilogy Metals, securing energy and mining projects in Alaska. With the latest is Bloomberg's Tyler Kendall. Hi, Tyler.Yeah. Hey, Jon. So this company has these mining claims in a remote area of Alaska.And importantly, the deal comes in tangent with President Trump reversing a Biden era decision which blocked something known as the Ambler Road Project. This is a controversial project that would build an access road to this mineral rich mining district in Alaska. And as ...
Bryah Reports High-Grade Antimony Assays from Globex's Golden Pike Property
Globenewswire· 2025-10-07 13:00
TORONTO, Oct. 07, 2025 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to inform shareholders that Bryah Resources Ltd (BYH-ASX) who have optioned (see Globex press release dated May 22, 2025) the Golden Pike (formerly Devil’s Pike) gold/antimony property in New Brunswick from Gl ...
Top 2 Materials Stocks That Could Sink Your Portfolio This Quarter
Benzinga· 2025-10-07 12:50
As of Oct. 7, 2025, two stocks in the materials could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pr ...
Is Copper Poised For A Breakout?
Forbes· 2025-10-07 12:35
SANTIAGO, CHILE - JULY 9: Jewelry and crafts created by an artisan in Chilean copper is displayed for sale on July 9, 2025 in Santiago, Chile. With around 5.5 million tons per year and with a 25% of the global production, Chile is the biggest copper producer in the world and the most important supplier of the metal for the United States market. President Trump announced an increase of 50% in copper tariffs. (Photo by Marcelo Hernandez/Getty Images)Getty ImagesCopper has been referred to as “Dr. Copper” due ...
Global Uranium Corp. Finalizes Contractor and Work Plans for Field Program at the Airline Project in Wyoming, USA
Globenewswire· 2025-10-07 12:00
CALGARY, Alberta, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Global Uranium Corp. (CSE: GURN | OTC: GURFF | FRA: Q3J) (the “Company”) is pleased to announce that it has finalized work plans and selected Big Rock Exploration (“BRE”) as contractor for the upcoming field program at the Airline Project, located in the Copper Mountain District of Wyoming. The program is scheduled to commence in October and will be carried out by a three-person crew, including a project manager and two geotechnicians. The team will spend ...
Lithium Americas Analysts Sour as US Stake Sparks 188% Rally
Yahoo Finance· 2025-10-07 13:43
It’s almost old hat to the market by now. Take a struggling company, cut a deal with the US government, sealed with the approval of President Donald Trump, sit back and watch the stock take off. But after shares of Lithium Americas Corp. soared 188% in just two weeks, analysts are starting to challenge the stock’s vaunted valuation and the deal’s less than favorable terms for stockholders in the Canadian mining company. Most Read from Bloomberg “Simply put, we failed to appreciate how a heated bull mark ...
CEO.CA's Inside the Boardroom: Ecora CEO on Market Tailwinds and 2025 Drivers After 81% H1 Base Metals Growth
Newsfile· 2025-10-07 11:30
CEO.CA's Inside the Boardroom: Ecora CEO on Market Tailwinds and 2025 Drivers After 81% H1 Base Metals GrowthOctober 07, 2025 7:30 AM EDT | Source: CEO.CA Technologies Ltd.Toronto, Ontario--(Newsfile Corp. - October 7, 2025) - CEO.CA ("CEO.CA"), the leading investor social network in junior resource and venture stocks, shares exclusive updates with CEOs of junior mining explorers.Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial we ...