China is about to unlock a huge African iron ore deposit that risks upending the global market -- @tbiesheuvel, @wclowes https://t.co/R1EPGiLVz7 ...

ERG is in talks with three investors interested in its Brazilian iron ore project known as Bamin https://t.co/b6CTKuqJrH ...

TORONTO, Oct. 21, 2025 (GLOBE NEWSWIRE) -- High Tide Resources Corp. (“High Tide” or the “Company”) (CSE: HTRC) is pleased to provide an update on activities at its flagship Labrador West Iron Ore Project located in the prolific southern Labrador Trough. The Company has recently shipped approximately 5.6 tonnes of coarse reject drill core samples from its 2022 drill campaign for beneficiation and metallurgical testing. The testwork will focus on producing a Direct Reduction (“DR”) grade pellet, an increasin ...

TORONTO, Oct. 21, 2025 (GLOBE NEWSWIRE) -- High Tide Resources Corp. (“High Tide” or the “Company”) (CSE: HTRC) is pleased to provide an update on activities at its flagship Labrador West Iron Ore Project located in the prolific southern Labrador Trough. The Company has recently shipped approximately 5.6 tonnes of coarse reject drill core samples from its 2022 drill campaign for beneficiation and metallurgical testing. The testwork will focus on producing a Direct Reduction (“DR”) grade pellet, an increasin ...

Core Viewpoint - MAX Resource Corp. has successfully closed an over-subscribed non-brokered private placement, raising CAD $3,400,000 for mineral exploration and working capital [1][4]. Group 1: Private Placement Details - The company issued 34,000,000 units at a price of CAD $0.10 per unit, with each unit consisting of one common share and one-half of a transferable warrant [2]. - Each warrant allows the holder to purchase an additional common share for two years at a price of CAD $0.175 per share [2]. - Finder's fees of CAD $121,170 were paid, along with the issuance of 360,000 common shares and 1,751,700 non-transferable broker warrants [3]. Group 2: Use of Proceeds - Proceeds from the offering will be directed towards mineral exploration at the newly acquired Mora Gold-Silver Project and for general working capital [4]. Group 3: Company Background - MAX Resource Corp. acquired 100% of Inversiones Villamora S.A.S., which owns the Mora Property, featuring 40 historic workings and 5 active gold-silver mines [6]. - The Sierra Azul Copper-Silver Project is located in a significant copper belt, with Freeport-McMoRan Exploration Corporation having an Earn-In Agreement to acquire up to 80% ownership [7]. - The Florália Hematite DSO Project in Brazil has seen an expansion of its geological target from 8-12 million tons at 58% Fe to 50-70 million tons at 55%-61% Fe [8].

Core Viewpoint - BHP Group Limited has resumed iron ore sales to China, alleviating concerns about potential restrictions from Beijing on purchases from the leading global producer [1][2]. Group 1: Sales and Market Activity - BHP sold a 170,000-metric-ton shipment to a Chinese trading house, with payment made in U.S. dollars, following reports of several cargoes being offered after China's national holiday [1]. - The Shanghai office of China Mineral Resources Group (CMRG) listed eight BHP cargoes totaling approximately 1.14 million tons for sale to domestic steelmakers, indicating ongoing trade activity despite previous tensions [3]. Group 2: Political and Economic Context - There were reports that a state-run buyer in China instructed steel mills to halt purchases of BHP iron ore to pressure prices down, raising concerns about potential economic shocks [2]. - The situation has drawn political unease in Australia, reminiscent of China's past restrictions on coal and other commodities in 2020 [4]. Group 3: Company Response and Market Reaction - BHP CEO Mike Henry downplayed fears of a Chinese ban during discussions with Australian Treasurer Jim Chalmers, framing the negotiations as standard commercial processes [5]. - BHP Group shares experienced a decline of 1.12%, trading at $55.41 at the time of publication [5].

(Reuters) -Several cargoes of BHP iron ore were put up for sale in China on Thursday and at least one was sold to a local trader, potentially defusing concerns in Australia that Beijing had imposed a ban on iron ore sales from the world's biggest miner. BHP sold a 170,000-metric-ton cargo to a Chinese trader on Thursday, the first day of trading after China's week-long national holiday, according to two traders with direct knowledge of the matter. The cargo was paid for in dollars, they said. The same da ...

Market Overview - Australian shares are projected to open with a -0.29% drop, indicating a negative overall performance for Week 41 despite a slight recovery mid-week [1] - Major Wall Street indexes closed in the red, with the Dow Jones leading with a -0.5% drop, while London and Singapore also experienced declines [3] Key Events - Reserve Bank governor Michele Bullock is set to address a Senate hearing focusing on rising property prices, which is a significant topic for investors [4] - The ongoing dispute between China and BHP Group may not be resolved this year, with any potential impact not expected until early January [5] Company News - Qantas has issued a warning to customers regarding a deadline set by hackers threatening to release stolen personal data from its 5.7 million customer database [6] - AGL Energy has acknowledged that its 600-megawatt wind farm in Victoria is "unlikely" to be completed by 2030 [6] - Battery Age Minerals is gaining attention after receiving approval for a drill permit for its El Aguila Gold-Silver Project in Argentina [7] Commodity Prices - The Australian dollar is trading at 65.5 U.S. cents [8] - Iron Ore prices increased by +1% to $105.10 per tonne, while Brent Crude fell by 1.5% to $65.22 per barrel [8] - Gold prices have decreased from recent highs, currently at $3,992 per ounce, and U.S. natural gas futures dropped by -2.7% to $3.24 per gigajoule [8]

Summary of Cerrado Gold Conference Call - October 09, 2025 Company Overview - **Company**: Cerrado Gold (OTCPK:CRDO.F) - **Focus**: Gold and precious metals production, with projects in Argentina and Portugal Key Points Industry and Market Context - Argentina is becoming increasingly attractive for new mining endeavors, particularly at a larger scale [2][3] - The European market, specifically Portugal, is supportive of mining projects, with the Lagoa Salgada project deemed a project of national interest [2][3] Production and Financial Performance - The company has repositioned its Argentinian mine to achieve over 50,000 ounces of production annually for four consecutive years [1] - Targeting all-in sustaining costs between $1,500 to $1,700 per ounce [1] - Anticipated free cash flow from Minera Don Nicolás is approximately $25 million, which will be reinvested into projects in Portugal and Quebec [11] Project Updates - **Lagoa Salgada Project**: - Previous feasibility study indicated an NPV of $150 million and a 39% IRR [3] - Updated feasibility study expected by year-end, focusing on metallurgical improvements to enhance metal recoveries and concentrate quality [3] - Environmental approval anticipated in Q1 2026, which is crucial for project confidence [6] - Project construction expected to take about 18 months, with first production targeted for Q1 2028 [7][6] - **Mont Sorcier Project**: - Focused on producing high-grade iron ore concentrate (67% grade), suitable for green steel production [8] - Initial PEA outlined a 21-year mine life, consuming only 25% of the defined resources [9] - Expected to generate over $350 million in EBITDA and $235 million in free cash flow annually [10] Strategic Outlook - The company aims to maintain a steady state gold production of at least 55,000 ounces for the next three years, using cash flow to fund exploration and development [12] - Plans to minimize equity dilution while funding the development of Lagoa Salgada and Mont Sorcier [12][17] - Management is aligned with shareholders, owning 11% of the company [11] Future Considerations - Potential for significant rerating of Cerrado Gold as both Lagoa Salgada and Mont Sorcier projects progress [17] - Future cash flow may be reinvested into projects or returned to shareholders once Mont Sorcier is operational [18] Additional Insights - The company has a clean capital structure with 134 million shares outstanding [11] - The management team has a strong track record in mining and resource development across multiple jurisdictions [14] Conclusion Cerrado Gold is positioned for growth with its strategic projects in Argentina and Portugal, focusing on enhancing production and financial performance while minimizing dilution and leveraging cash flow for future developments.

Core Viewpoint - The pricing dispute between BHP Group and China's state-run iron ore buyer, China Mineral Resources Group (CMRG), may extend into early 2026, raising concerns about the impact on BHP's trading relationships [1][3]. Group 1: Negotiation Status - Negotiations between BHP and CMRG have stalled, leading to potential long-term implications for BHP's operations in China [1][4]. - CMRG has requested major steelmakers and traders to halt purchases of new dollar-denominated seaborne cargoes from BHP, indicating a more aggressive negotiation stance [4]. Group 2: Shipment Impact - Despite the ongoing dispute, BHP has experienced minimal disruption to its shipments to China, having fulfilled most of its iron ore allocation for November and December [2]. - BHP has offered approximately 50 cargoes to international traders and at least one Chinese company following CMRG's order to halt purchases [2]. Group 3: Market Dynamics - China, as the largest global consumer of iron ore, seeks to assert more control over pricing, reflecting frustrations over its previous lack of influence despite being the biggest buyer [3]. - CMRG aims to enhance China's bargaining power with major suppliers like BHP, Rio Tinto Group, and Vale to secure long-term contracts [4][5]. Group 4: Political Influence - Although CMRG does not have formal control over individual mills or traders, its suggestions carry significant weight due to its political influence [5].