Core Viewpoint - Magna Mining Inc. has received a funding award of up to C$500,000 from the Ontario government to support metallurgical work aimed at enhancing precious metal recoveries at the Crean Hill project [1][2]. Group 1: Funding and Project Details - The funding will be utilized for metallurgical work related to improving precious metal recoveries from contact and footwall mineralization at the Crean Hill project, which is part of a surface bulk sample program conducted in 2024 [1]. - The Ontario government is actively supporting the development of critical mineral production in Sudbury, with this funding being part of a broader strategy to enhance mineral recoveries and create jobs [2]. Group 2: Company and Industry Context - Magna Mining is a producing mining company with a focus on copper, nickel, and PGM projects in the Sudbury Region of Ontario, Canada, including the McCreedy West copper mine and several past-producing mines [6]. - The company aims to restart multiple mining operations and increase copper and nickel production in Sudbury over the next 3 to 4 years, supported by initiatives like the Critical Minerals Innovation Fund and the new C$500 million Critical Minerals Processing Fund [2].

Core Viewpoint - Copper Fox Metals Inc. is advancing its 100% owned Van Dyke in-situ copper recovery project towards the Prefeasibility Study stage, highlighting the project's potential social and financial benefits for the local community and the critical demand for copper [1][2]. Project Update - The company has completed an updated Mineral Resource Estimate and Preliminary Economic Assessment in 2020, using a base case copper price of US$3.15 per pound [2]. - The PEA indicated that a US$0.25 per pound increase in copper price could increase the after-tax NPV by approximately US$90 million, showcasing the project's sensitivity to copper prices [5]. - The project has significant exploration potential to increase mineral resources, leading to the recommendation to advance to the Prefeasibility Study stage [5]. Project Team - Copper Fox has assembled a project team led by Stantec, which will handle various aspects including mineral reserve estimates, mine design, environmental studies, and overall study management [3][6]. - Other contractors involved include Samuel Engineering for metallurgical testing, Bird Resource Consulting for mineral resource estimates, and RGC Hydro Services for project consulting [3]. Execution Plan - The company is adopting a phased approach to the Prefeasibility Study, starting with the preparation of an Execution Plan that outlines the scope, timing, and estimated costs of required programs and studies [6]. - The information from the Execution Plan will assist the Board in decision-making regarding the progression to the Prefeasibility Study stage [6]. Metallurgical Modelling - Samuel Engineering has begun preparing a preliminary geometallurgical model using Cancha Geometallurgy software to better understand the variability and distribution of soluble copper mineralogy [7]. - This modelling aims to identify geometallurgical domains and gaps in the current sample distribution, which will support future drilling and updated geometallurgical models [7]. Company Overview - Copper Fox is a Tier 1 Canadian resource company focused on copper exploration and development, with principal assets including the Van Dyke project in Arizona and other copper exploration projects in Canada and the United States [9].

Group 1 - Terra Metals Limited and Metalex Commodities Inc. have formed a joint venture named Lunda Resources to develop and operate the Mwinilunga copper mine in Zambia's Northwestern Province [1][2] - The initial investment for the project is 270 million Zambian Kwacha, with a total planned investment of 2.7 billion Zambian Kwacha for comprehensive mine construction, including copper ore processing systems [1] - The mine is expected to process up to 2 million tons of ore annually, producing approximately 100,000 tons of copper concentrate, copper cement, and cobalt precipitate [1] Group 2 - The partnership is seen as a milestone for both companies and the future of Zambia's mining sector, providing resources and international influence to responsibly scale operations and create local job opportunities [2] - The joint venture aims to provide low-emission, high-impact metals to the global market while promoting inclusive economic growth in Zambia [2] - The project is highlighted as a model of responsible international cooperation, reflecting the U.S. commitment to strengthening business ties with Zambia and supporting responsible investment in critical minerals [2] Group 3 - Terra Metals Limited is a local exploration and mining company in Zambia focused on developing critical minerals sustainably for the U.S. and allied markets [3] - Metalex Commodities Inc. is a U.S.-based metal company dedicated to supplying carbon-neutral critical metals produced in Africa to the global market [4] Group 4 - The joint venture has already employed 130 Zambians and plans to create an additional 400 jobs [4] - The initiative includes integrating up to 1,000 artisanal miners into the supply chain through fair procurement mechanisms [4] - A 10-megawatt solar power generation and storage facility is being designed to reduce emissions and fuel consumption [4] - Over 4.6 million Zambian Kwacha will be invested in water and sanitation projects benefiting more than 3,000 people [4] - The companies have committed to investing 27 million Kwacha annually in community development until 2030, collaborating with local chiefs [4]

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 focuses on sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Group 2 - Proactive adopts technology to enhance workflows and improve content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Core Points - Entrée Resources Ltd. announced the results of its annual general meeting, where all matters submitted for approval were approved by the requisite majority of votes cast [1] Group 1: Voting Results - Shareholders approved setting the number of directors at six [2] - The voting results for the election of directors showed high approval rates, with individual directors receiving between 96.71% to 96.80% of votes in favor [3] - Davidson Company Chartered Accountants was re-appointed as auditors for the ensuing year, with approval rates also exceeding 96% [3] Group 2: Company Overview - Entrée Resources Ltd. is a Canadian mining company with a carried joint venture interest in the Oyu Tolgoi project in Mongolia, one of the largest copper-gold projects globally [4] - The company holds a 20% or 30% carried participating interest in the Entrée/Oyu Tolgoi joint venture, depending on mineralization depth [4] - Major shareholders include Horizon Copper Corp. and Rio Tinto, holding approximately 24% and 16% of the company's shares, respectively [4]

Core Viewpoint - The implementation of a new mining inspection fee by the Ecuadorian Control and Regulation Agency (ARCOM) aims to enhance oversight and combat illegal mining, but it poses a significant financial burden on mining companies, potentially harming the Ecuadorian mining industry and its investment reputation [1][3][5]. Company Summary - Salazar Resources Limited is required to pay approximately US$332,000 for its current concessions, with US$47,000 due in June 2025 and US$285,000 due in January 2026. This fee is about ten times higher than the company's annual concession fees in Ecuador [2]. - The company is actively collaborating with various chambers and associations in the Ecuadorian mining sector to communicate the detrimental impact of the new fee on the industry and the country's investment appeal [3]. - Salazar Resources has reached out to the Ecuadorian Government and is in discussions with the Mining Chamber of Ecuador to seek the rescindment of the regulation, while also exploring further actions [4]. Industry Summary - The new fee structure is viewed as unsustainable and is expected to hinder exploration activities, which are crucial for the mining industry's success. The CEO of Salazar Resources expressed concerns that this ruling could damage Ecuador's international reputation as a mining destination [5]. - The company emphasizes the importance of exploration in discovering new mineral deposits and believes that the fee will deter most exploration efforts in Ecuador [5].

Core Points - Euro Sun Mining Inc. held its 2025 annual general meeting of shareholders on June 18, 2025, in Toronto, Ontario, and provided voting results in accordance with Toronto Stock Exchange policies [1][2] - The nominees listed in the management information circular dated May 8, 2025, were elected as directors, and shareholders approved the appointment of the Company's auditors [2][3] Election of Directors - The following nominees were elected as directors with the corresponding vote percentages: - Grant Sboros: 98.087% votes for, 1.913% votes against [4] - Neil Said: 95.127% votes for, 4.873% votes against [4] - Deborah Battiston: 95.109% votes for, 4.891% votes against [4] - Martin Schuermann: 95.114% votes for, 4.886% votes against [4] - Carlo Livolsi: 98.690% votes for, 1.310% votes against [4] - Shareholders voted 98.524% in favor of the appointment of the Company's auditors, with 1.476% withholding their vote [4] Company Overview - Euro Sun Mining Inc. is a Toronto Stock Exchange-listed mining company focused on the exploration and development of its 100%-owned Rovina Valley Project in west-central Romania, which contains the second largest copper and gold deposit in Europe [6] - The Rovina Valley Project is expected to generate significant investment and job creation in Hunedoara County and provide critical minerals necessary for Europe's green energy transition [6]

Core Viewpoint - Mandalay Resources Corporation has received regulatory approval in Sweden for its planned arrangement with Alkane Resources Limited, allowing the transaction to proceed under Swedish law [1][2]. Group 1: Transaction Details - The transaction involves Alkane Resources Limited agreeing to indirectly acquire all issued and outstanding common shares of Mandalay [1]. - The approval from the Swedish Inspectorate of Strategic Products indicates no further action will be taken regarding the Foreign Direct Investment (FDI) filing, facilitating the transaction [2]. - The transaction is still subject to approval from the Supreme Court of British Columbia, other regulatory approvals, and the approval of shareholders from both Mandalay and Alkane, with meetings expected in late July 2025 [3]. Group 2: Company Overview - Mandalay Resources is a Canadian-based natural resource company with producing assets in Australia and Sweden, focusing on gold and antimony mining [4]. - The company aims to grow production and reduce costs to generate significant positive cash flow while maintaining safe and environmentally responsible operations [4].

ROUYN-NORANDA, Quebec, June 18, 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 announce that all five nominees listed in its 2025 management information circular were re-elected as directors at Globex’s annual meeting of shareholders held yesterday in Toronto, Ontario. A ...

Equity Research 13 June 2025 Barclays Metals & Mining Mined Matters – What's behind the platinum breakout? Our weekly briefing covering top news flow in the space, chart of the week, latest positioning data, commodity price moves, sound bites from the supply chain, recent global research, upcoming events, and corporate access. Chart of the Week European Metals & Mining NEUTRAL European Metals & Mining Amos Fletcher, CFA +44 (0)20 7773 2225 amos.fletcher@barclays.com Barclays, UK Ian Rossouw, CFA +44 (0)20 3 ...