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Asia Broadband Confirms Stock Dividend For July Shareholders of Record
Globenewswire· 2025-06-11 12:00
Core Points - Asia Broadband Inc. (AABB) announced a stock dividend of 1 share for every 35 shares owned, with a record date of July 10, 2025, distributing over 100 million restricted common shares [1] - The company is planning to approve and distribute quarterly or semi-annual stock dividends to reward its loyal shareholders [2] - AABB is in discussions for a large mining property acquisition and will provide further details soon [3] Company Overview - Asia Broadband Inc. focuses on precious metals production and physical gold holdings, leveraging geographic expertise and industry contacts to expand its operations in Mexico [4] - The company has a digital assets segment, including a gold-backed cryptocurrency and unique NFT collections, aiming to establish a stable and trusted standard of exchange [4]
LEADING EDGE MATERIALS ANNOUNCES UP TO $4,000,000 NON-BROKERED PRIVATE PLACEMENT
Globenewswire· 2025-06-11 06:30
Core Viewpoint - Leading Edge Materials Corp. plans to conduct a non-brokered private placement of up to 25,000,000 units at a price of C$0.16 per unit, aiming for total gross proceeds of up to C$4,000,000 [2][3]. Group 1: Private Placement Details - The private placement will consist of units, each comprising one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at C$0.32 until four years from the closing date [4]. - The company anticipates participation from certain insiders, which will be considered a related party transaction, but expects to rely on exemptions from formal valuation and minority shareholder approval requirements [5]. - The placement targets Canadian, Nordic, and other international investors, with all securities subject to a hold period of four months and one day from the closing date [6]. Group 2: Use of Proceeds - The net proceeds from the private placement will be allocated to the company's projects in Sweden and Romania, as well as for general working capital and corporate purposes [3]. Group 3: Regulatory and Compliance Information - The private placement is subject to necessary regulatory approvals, including that of the TSX Venture Exchange [6]. - The securities will not be registered under U.S. securities laws and cannot be offered or sold in the U.S. without registration or an applicable exemption [8][20].
Resolution Minerals expands critical minerals footprint with acquisition of Horse Heaven Project
Proactiveinvestors NA· 2025-06-11 03:11
Core Viewpoint - Resolution Minerals Ltd has agreed to acquire the Horse Heaven Project, a promising antimony-gold-silver-tungsten project located in Idaho's Valley County, enhancing its portfolio in the critical minerals sector [1][2]. Strategic Location and Project Highlights - The Horse Heaven Project is strategically located adjacent to Perpetua Resources' Stibnite Gold-Antimony Project, which adds significant value in the US critical minerals market [3]. - The project features two major fault zones known for high-grade mineralization: the Antimony Ridge Fault Zone (ARFZ) and the Golden Gate Fault Zone (GGFZ) [3]. Exploration Potential and Results - Preliminary drilling results have shown promising mineralization, with a notable rock chip sample returning 3.68 grams per tonne (g/t) gold, 303 g/t silver, and 2.72% antimony over a 4-meter interval [5]. - Historical drilling has indicated large tonnage potential, with drillhole 87-GGR-31 intersecting 85.34 meters at 0.937 g/t gold, including 38.10 meters at 1.459 g/t gold [6]. - Historical estimates suggest 216,000 ounces of gold at Golden Gate Hill and 70,000 ounces at Antimony Hill, although these figures are not compliant with the JORC Code [9]. Project Scope and Historical Context - The project covers 5,644 hectares, comprising 689 mining claims and 10 lode mining claims, situated in a historically prolific mining region [10][12]. - The area has a history of production, including artisanal gold and tungsten production from the 1950s to 1980s, which enhances its exploration and development potential [6]. Market Context and Strategic Positioning - The acquisition positions Resolution Minerals favorably within the US critical minerals sector, particularly for antimony and tungsten, which are essential for various industries [13]. - With record-high prices for antimony and tungsten due to supply chain issues, the company aims to capitalize on the growing demand [14]. Next Steps and Funding - Following the acquisition, the company plans a comprehensive exploration program, including geophysical surveys, soil sampling, and metallurgical testing [17]. - To fund the acquisition and exploration activities, Resolution Minerals has raised $1.9 million through a placement, which will also support its other projects [18].
股票观点-一种量化基本面方法
Morgan Stanley· 2025-06-11 00:55
Investment Rating - The report indicates an "Overweight" (OW) fundamental stock rating for several companies, suggesting a positive outlook for these stocks [2][24]. Core Insights - The alpha model MOST has outperformed for the fourth consecutive month, returning +12.4% over the past 12 months, with a significant portion of gains occurring in the current calendar year [2][19]. - The ASX200 index is trading at a forward multiple of 18.7x, which is 1.5x P/E points above the lows observed on April 7, reflecting a 16.4% increase since that date [11][13]. - Growth factors have been the best performing, with a composite growth factor return spread of +5.7% in May, while quality stocks with low leverage and high profitability have also shown strong gains [3][4]. Summary by Sections Stock Ideas - Top-ranked stocks with an OW rating and upside to price targets include ABB, BHP, EDV, IPH, MMS, ORI, PME, QAN, QBE, RDX, and SIG [2][24]. - High-quality companies preferred by the MOST model include ABB, APE, AX1, BHP, COL, DTL, EDV, FMG, IPH, PME, PMV, QBE, and RDX [4][5]. Market Observations - In May, high beta and volatile stocks outperformed, with the broader equity markets advancing from April lows [3]. - The ASX200 has adjusted higher, now trading at 18.7x 12-month forward P/E, indicating a shift in market sentiment towards higher valuations [8][11]. Performance Metrics - The MOST model has shown strong cumulative growth, with high-scoring stocks returning +5.9% in May, while low-scoring stocks returned +5.3% [19][22]. - The report highlights that multiple expansion has been a key driver of index returns, despite a moderation in earnings signals [11][16]. Screens and Stock Ratings - The report categorizes stocks into various buckets based on market capitalization and investment style, providing tailored stock ideas for different investment disciplines [4][10]. - Bottom-ranked stocks with an Underweight (UW) rating include WBC, ORG, and SFR, indicating a negative outlook for these companies [27][28].
China Natural Resources Announces Effective Date of Share Combination
Prnewswire· 2025-06-10 20:10
Core Viewpoint - China Natural Resources, Inc. will implement a share combination, converting every eight common shares into one, effective June 13, 2025 [1][2]. Group 1: Share Combination Details - The share combination will not issue fractional shares; any resulting fractions will be rounded up to the next whole share [2]. - All shareholders will be affected uniformly, and their percentage interest in the Company's outstanding common shares will remain unchanged, except for adjustments due to fractional shares [2]. - Outstanding options, warrants, and other rights to purchase common shares will be adjusted proportionately as a result of the share combination [2]. Group 2: Trading Information - Post-combination, the common shares will continue to trade under the symbol "CHNR" but will have a new CUSIP number, G2110U125 [3]. Group 3: Company Overview - China Natural Resources, Inc. operates in the exploration and mining business, focusing on acquiring and exploiting mining rights in Inner Mongolia, particularly for lead, silver, and other nonferrous metals [4]. - The Company is in the process of acquiring Williams Minerals, which operates a lithium mine in Zimbabwe, for a maximum consideration of US$1.75 billion [4]. - The acquisition involves parties including the Company's controlling shareholder, Feishang Group Limited, and a non-affiliate, Top Pacific (China) Limited [4].
JM Smucker shares slide on mixed quarterly earnings, weak profit outlook
Proactiveinvestors NA· 2025-06-10 14:36
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Western Uranium & Vanadium Announces CAD $5,000,000 Bought Deal Financing
Globenewswire· 2025-06-10 13:00
Core Viewpoint - Western Uranium & Vanadium Corp. plans to raise approximately CAD $5 million through a bought deal private placement financing, with the offering expected to close around June 13, 2025 [1][2]. Group 1: Offering Details - The offering consists of 5,882,374 units priced at CAD $0.85 each, with each unit comprising one common share and one common share purchase warrant, exercisable at CAD $1.05 for four years [1]. - A.G.P. Canada Investments ULC will act as the sole underwriter and bookrunner, with A.G.P./Alliance Global Partners serving as the sole U.S. placement agent [1]. - The offering will be conducted under the accredited investor exemption in Canada and will also be available to U.S. purchasers under certain exemptions from registration requirements [4]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for expanding production capabilities at the Sunday Mine Complex, developing minerals processing facilities, and acquiring uranium/vanadium properties near existing production centers [3]. Group 3: Related Party Transaction - CEO George Glasier intends to subscribe for 117,647 units, which is classified as a related-party transaction under Multilateral Instrument 61-101 [2]. - The company will rely on exemptions from formal valuation and minority shareholder approval requirements, as Glasier's participation will not exceed 25% of the company's market capitalization [2]. Group 4: Company Overview - Western Uranium & Vanadium Corp. is focused on ramping up high-grade uranium and vanadium production at its Sunday Mine Complex, with additional projects in Colorado and Utah [8]. - The Mustang Mineral Processing Site is being developed to optimize the recovery of mined materials [8].
QIMC and QMET Expand Hydrogen Development with Phase 2 Program in Nova Scotia Project
Newsfile· 2025-06-10 12:00
Core Insights - Quebec Innovative Materials Corp. (QIMC) and Q Precious & Battery Metals Corp. (QMET) are advancing their natural hydrogen development initiative in Nova Scotia with the completion of an initial geological reconnaissance program [1][2] - The Phase 2 exploration program, valued at $200,000, will involve extensive soil gas sampling to detect hydrogen and other gases, with participation from the Institut National de la Recherche Scientifique (INRS) and local First Nations [2][3] Company Developments - QIMC has successfully identified critical geological fault zones and structural features essential for natural hydrogen exploration in Nova Scotia [2][4] - QMET has made an initial cash deposit to QIMC as part of the Phase 2 exploration program, which is set to commence in July [2][3] - The exploration will include over 1,000 soil gas samples collected at intervals of 50 to 100 meters, focusing on key geological structures within the Cumberland basin [3] Strategic Partnerships - The collaboration between QIMC and QMET aims to leverage advanced exploration techniques to identify natural hydrogen zones, contributing to Nova Scotia's energy future [5] - The involvement of the Temiscamingue First Nations in the initiative highlights the commitment to community engagement and collaboration in resource exploration [3][5] Future Outlook - The Phase 2 program is designed to enhance the understanding of hydrogen potential in the region, with real-time data interpretation by INRS experts to identify high-grade hydrogen zones [3][5] - QIMC emphasizes its proprietary exploration model's effectiveness in delivering high-value results, positioning the company to unlock clean natural hydrogen assets in Nova Scotia [5][8]
IBN Announces Latest Episode of The MiningNewsWire Podcast Featuring Peter Espig, CEO of Nicola Mining Inc.
GlobeNewswire News Room· 2025-06-10 12:00
Core Insights - The latest episode of The MiningNewsWire Podcast features Peter Espig, CEO of Nicola Mining Inc., discussing the company's focus on monetizing high-grade mineral assets in British Columbia [2][4] - Nicola Mining aims to provide shareholders with exposure to gold, silver, and copper while maintaining a disciplined, cash-flow-first approach [3][4] Company Overview - Nicola Mining Inc. is a junior resource company that owns and operates the only provincially permitted mill in British Columbia capable of processing gold and silver [5][9] - The company has a fully permitted mill that can process both gold and silver mill feed through gravity and flotation processes [9][10] Production and Operations - Production at Nicola's Merritt-based mill resumed in June 2025, marking a shift to consistent operations at the New Craigmont site, which also hosts the company's copper exploration project [6] - Nicola Mining positions itself as a hub for smaller high-grade projects that cannot justify their own mill construction, allowing them to process their materials at Nicola's facility [6] Strategic Growth - As cash flow scales, Nicola plans to adopt a measured acquisition approach, targeting near-production assets that can be integrated over time to build long-term value around its milling infrastructure [6] - The company has signed Mining and Milling Profit Share Agreements with high-grade gold projects, further enhancing its operational capabilities [9][10]
As Gold Surges, Albemarle Stock May Be the Next to Pop
MarketBeat· 2025-06-10 11:26
ALB Albemarle $62.28 +2.45 (+4.09%) 52-Week Range $49.43 Albemarle Today ▼ $118.80 Dividend Yield 2.60% Price Target $91.62 Add to Watchlist The commodities market has taken investors by surprise in the past few days, especially as the prices of gold and silver have surged, shaking up most beliefs about where money should be flowing. The sort of conclusions that can be drawn from this behavior are several, but one fact that stands out is that some stocks in the basic materials sector will likely have to pla ...