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Rio Tinto's Hidden Catalysts For Long-Term Growth
Seeking Alpha· 2025-05-16 16:18
Group 1 - Rio Tinto (NYSE: RIO) shares have shown relative stability over the past 10 years with a high dividend yield of 7.2%, making total returns comparable to the S&P 500 [1] - The company's balance sheet has significantly strengthened in recent times, indicating improved financial health [1] Group 2 - The article emphasizes the importance of companies that exhibit growth in revenue, earnings, and free cash flow, as well as those with excellent growth prospects and favorable valuations [1] - Preference is given to steadily growing companies with high free cash flow margins, dividend stocks, and those with generous share repurchase programs [1]
非洲矿业周 (AMW) 强调矿物可追溯性是投资和供应链改革的催化剂
Shang Wu Bu Wang Zhan· 2025-05-16 15:47
(原标题:非洲矿业周 (AMW) 强调矿物可追溯性是投资和供应链改革的催化剂) 2024年10月,铜标识组织、国际采矿和金属理事会、加拿大矿业协会和世界黄金理事会发起了 "综 合采矿标准倡议"。该倡议旨在将现有的采矿标准统一到一个综合框架下,促进负责任的采购,确保全 面的可追溯性。该标准一旦最终确定,预计将被在约60个国家(包括许多非洲国家)的600个地点运营 的近100家公司采用。 "Africa Business"网站5月13日报道,将于2025年10月1日至3日在开普敦举行的非洲矿业周--非洲矿 业利益相关者的首要聚会--将举行一次高级别小组会议,重点讨论矿物可追溯性和供应链优化问题。 以"矿物可追溯性:重塑全球供应链和地缘政治影响"为题,会议将汇集来自公共和私营部门的主要参与 者,包括矿产贸易商和认证机构,将探讨可追溯性框架如何在非洲矿产资源丰富的经济体中推动投资、 提高透明度并创造真正的经济影响。 非洲国家与全球合作伙伴合作,正在实施创新的可追溯性机制,以加强治理,确保当地在整个矿业 价值链中受益。在加纳,政府于 2025年初成立了加纳黄金局,集中管理国内生产的黄金的购买和交 易。该机构是黄金资源的 ...
Nexa Resources Inks Deal to Sell Otavi Project to Midnab Resources
ZACKS· 2025-05-16 15:31
Group 1: Core Transaction Details - Nexa Resources S.A. has signed a deal to sell ten Exclusive Prospecting Licenses (EPL) in Namibia to Midnab Resources, a subsidiary of Midas Minerals Ltd, as part of its portfolio optimization strategy [1][2] - The company will receive $3 million at closing, with an additional contingent payment of up to $7 million based on the achievement of certain development milestones [2] - Nexa will retain royalties on the project's future progress, and the deal is expected to close by December 31, 2025, subject to customary conditions [2][3] Group 2: Financial Performance - In Q1 2025, Nexa Resources reported earnings of 16 cents per share, surpassing the Zacks Consensus Estimate of 9 cents, compared to a loss of 15 cents per share a year ago [4] - The company posted revenues of $627 million for the quarter, missing the Zacks Consensus Estimate of $679 million, but showing a year-over-year improvement of 15.9% [4] Group 3: Stock Performance - Nexa Resources' shares have declined by 27.4% over the past year, while the industry has seen an 8.6% decline [5] Group 4: Strategic Focus - Nexa Resources is prioritizing profitable assets and boosting free cash flow while adhering to a disciplined capital allocation strategy, with a focus on expanding copper exploration in Namibia beyond Latin America [3]
FSM Divests Yaramoko Mine, Provides Updated 2025 GEO Outlook
ZACKS· 2025-05-15 15:36
Core Viewpoint - Fortuna Mining Corp. has completed the sale of its interest in the Yaramoko Mine and three other subsidiaries to Soleil Resources International Ltd, marking a strategic shift in its operational focus and liquidity management [1][2][3][4]. Group 1: Sale Details - Fortuna Mining sold its interest in the Yaramoko Mine due to its limited remaining life and challenging operating conditions in Burkina Faso [3]. - The sale generated $70 million for Fortuna Mining, along with a $53.8 million dividend received prior to the deal's closure [4]. - The transaction is expected to enhance Fortuna Mining's liquidity, increasing cash and short-term investments to over $380 million and total liquidity to over $530 million [4]. Group 2: Operational Impact - Following the sale, Fortuna Mining will no longer have operations in Burkina Faso, with its portfolio now including the Séguéla mine in Côte d'Ivoire, Lindero mine in Argentina, Caylloma mine in Peru, and the Diamba Sud Gold Project in Senegal [2]. - The company has updated its 2025 gold equivalent production forecast to 309,000-339,000 ounces, a decrease from the previous range of 380,000-422,000 ounces, reflecting an 18% year-over-year dip [5]. - The All-in Sustaining Cost for 2025 is now projected to be between $1,670 and $1,765 per GEO, up from the earlier estimate of $1,550 to $1,680, primarily due to the exclusion of Yaramoko's contribution [5]. Group 3: Stock Performance - Fortuna Mining's shares have increased by 0.9% over the past year, contrasting with a 7% decline in the industry [6].
Agnico Eagle Mines to Increase Stake in Foran Mining to 13.5%
ZACKS· 2025-05-15 13:41
Core Viewpoint - Agnico Eagle Mines Limited (AEM) has announced a significant investment in Foran Mining Corporation through a private placement, acquiring 30 million shares at C$3.00 each, totaling C$90 million [1] Investment Details - The investment will be executed in two tranches, with the first tranche expected to close around May 28, 2025, and the second tranche contingent on shareholder approval [2] - Each tranche is subject to conditions, including approval from the Toronto Stock Exchange [2] Shareholding Impact - Currently, Agnico Eagle holds 39,125,448 shares of Foran Mining, representing approximately 9.9% of total shares [3] - Post-first tranche, Agnico Eagle's ownership will increase to about 13.1% of Foran's shares, assuming 73,173,590 shares are issued [3] - After the second tranche, Agnico Eagle's holdings are projected to rise to 69,125,448 shares, equating to roughly 13.5% of Foran's shares, assuming an additional 13,493,077 shares are issued [4] Company Performance - Agnico Eagle's shares have appreciated by 52.2% over the past year, outperforming the industry average increase of 26.7% [4] - The company is on track to meet its 2025 targets, including gold production of 3.3 to 3.5 million ounces and capital expenditures estimated between $1.75 billion and $1.95 billion [5]
Cerro de Pasco Resources to Pursue Secondary Listing on the Lima Stock Exchange
Globenewswire· 2025-05-15 11:45
MONTRÉAL, May 15, 2025 (GLOBE NEWSWIRE) -- Cerro de Pasco Resources Inc. (TSXV: CDPR) (OTCMKTS: GPPRF) (FRA: N8HP) (“CDPR” or the “Company”) is pleased to announce that it will pursue a secondary listing of its shares on the Lima Stock Exchange (Bolsa de Valores de Lima, “BVL”) as part of its strategy to expand its presence in Latin America and increase visibility among regional investors. The Company’s primary listing will remain on the TSX Venture Exchange (TSXV). The Company has retained Kallpa Securitie ...
Change of Registered Office
Globenewswire· 2025-05-15 11:20
Company Overview - Vast Resources plc is an AIM quoted mining company with operations in Romania, Tajikistan, and Zimbabwe [5] - The company focuses on advancing high-quality mining projects and recommencing production at previously operating mines [5] Registered Office Change - The registered office of Vast Resources has been changed to c/o Arch Law Limited, Huckletree Bishopsgate, 8 Bishopsgate, London EC2N 4BQ, effective immediately [2] Romanian Operations - Vast holds a 100% interest in Vast Baita Plai SA, which owns the Baita Plai Polymetallic Mine, with a JORC compliant Reserve & Resource Report indicating an initial production life of approximately 3-4 years and a total mineral resource of 15,695 tonnes copper equivalent [6] - The company is working on confirming an enlarged exploration target of up to 5.8 million tonnes [6] - Vast also owns the Manaila Polymetallic Mine, which is being prepared for reactivation after a period of care and maintenance, and has received an Extended Exploitation Licence for further resource examination [7] Tajikistan Operations - Vast has a joint venture interest in the Takob Mine processing facility, which is fully financed and will provide a 12.25% royalty on all sales of non-ferrous concentrate and other metals produced [9] - The company is contracted to develop and manage the Aprelevka gold mines, entitled to 10% of the earnings from Gulf International Minerals Ltd's 49% interest in the joint venture with the Tajik government [10] - Aprelevka currently produces approximately 11,600 ounces of gold and 116,000 ounces of silver annually, with plans to increase production towards historical peak levels of approximately 27,000 ounces of gold and 250,000 ounces of silver per year [10] Zimbabwe Operations - Vast maintains a presence in Zimbabwe and is re-engaging its investment strategy, initiating discussions for further mining concessions [8]
Talisker Renews Milling Agreement with Nicola Mining Inc. and Initiates Trucking of Mustang Run of Mine Material
Globenewswire· 2025-05-15 11:00
TORONTO, May 15, 2025 (GLOBE NEWSWIRE) -- Talisker Resources Ltd. ("Talisker" or the "Company") (TSX: TSK, OTCQX: TSKFF) is pleased to announce that the Company, through its 100% owned subsidiary, Bralorne Gold Mines Ltd., has renewed the milling agreement with Nicola Mining Inc. ("Nicola") in connection with processing run of mine material from the Mustang Mine at Nicola's Craigmont Mill located in Merritt, British Columbia (the "Craigmont Mill"). In addition, on Sunday, May 11, Talisker initiated the truc ...
Toni Laaksonen confirmed to join FLSmidth on 1 June 2025 as President, Mining Service Business Lines
Globenewswire· 2025-05-15 10:51
Group 1 - FLSmidth appointed Julian Soles as President of Mining Products Business Line starting from May 1, 2025, and Toni Laaksonen as President of Mining Service Business Line starting from June 1, 2025 [1] - The company is a full flowsheet technology and service supplier to the global mining and cement industries [2] - FLSmidth aims to achieve zero emissions in mining and cement by 2030 as part of its sustainability ambition, MissionZero [2]
NACCO INDUSTRIES INCREASES DIVIDEND BY 11%
Prnewswire· 2025-05-15 10:30
Core Points - NACCO Industries announced a quarterly cash dividend of 25.25 cents per share, marking an 11% increase from the previous rate of 22.75 cents per share [1] - The new dividend translates to an annual rate of $1.01 per share, up from the prior annual rate of $0.91 per share, representing the seventh consecutive annual dividend increase since the reset in September 2017 [1] - The dividend will be paid on June 16, 2025, to stockholders of record as of May 30, 2025 [1] Company Insights - J.C. Butler, President and CEO, emphasized the confidence in NACCO's long-term outlook and capital management discipline, indicating that 2025 is expected to be a pivotal year for the company [2] - The company anticipates benefits from multi-year projects, favorable market trends, and strategic positioning in key sectors of the American economy [2] Company Overview - NACCO Industries operates in the natural resources sector, providing aggregates, minerals, reliable fuels, and environmental solutions through its portfolio of businesses [3]