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Wall Street Analysts Believe Allied Gold Corporation (AAUC) Could Rally 27.35%: Here's is How to Trade
ZACKS· 2026-01-05 15:56
Allied Gold Corporation (AAUC) closed the last trading session at $23.11, gaining 4% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $29.43 indicates a 27.4% upside potential.The average comprises six short-term price targets ranging from a low of $25.20 to a high of $38.35, with a standard deviation of $5.14. While the lowest estimate indicates an increase of 9% from the current p ...
PKX Advances LFP Cathode Materials Business With New JV
ZACKS· 2026-01-05 15:21
Core Insights - POSCO Holdings Inc.'s POSCO Future M is focusing on lithium iron phosphate (LFP) cathode materials through a joint venture with CNGR and its Korean subsidiary, FINO, to construct an LFP cathode material plant [1][8] - The construction of the LFP cathode material plant at Pohang's Yeongil Bay General Industrial Complex is set to begin in 2026, with mass production expected to start in 2027 and an initial capacity of up to 50,000 tons annually [2][8] - The company aims to establish a comprehensive LFP cathode material business while enhancing collaboration with CNGR and FINO in production, technology, and marketing [3][8] Production Plans - POSCO Future M plans to convert parts of its existing high-nickel production lines at the Pohang plant to LFP production, allowing for earlier market entry with supplies expected in the second half of 2026 [4][8] Market Context - LFP batteries, while offering lower output than ternary batteries, are gaining popularity due to their cost-effectiveness and longer lifespan, particularly in energy storage systems (ESS) and entry-level electric vehicles [3]
LaFleur Minerals Closes LIFE, Flow Thru and Final Hard Dollar Offering for $900,000 to Complete Total of $7,800,421 Funding to Restart Beacon Gold Mill Production Operations in Abitibi Greenstone Belt
TMX Newsfile· 2026-01-05 14:20
Vancouver, British Columbia--(Newsfile Corp. - January 5, 2026) - LaFleur Minerals Inc. (CSE: LFLR) (FSE: 3WK0) ("LaFleur Minerals" or the "Company" or "Issuer") is pleased to announce that, further to its news release dated December 29, 2025, it has closed a non-brokered hard dollar private placement for a total of 1,800,000 units of the Company (the "Units") at a price of $0.50 per Unit, for gross proceeds of $900,000 (the "Hard Dollar Offering"). Each Unit issued consists of one (1) common share in the ...
A2Gold Welcomes John Marma as Vice President of Exploration
Thenewswire· 2026-01-05 14:15
Tonopah, Nevada – TheNewswire - January 5, 2026 – A2Gold Corp. (“A2Gold” or the “Company”) (AUAU: TSX-V) (AUXXF: OTCQX) is pleased to announce the appointment of John Marma as Vice President, Exploration, effective immediately. Peter Gianulis, CEO of A2Gold, commented: “We are extremely pleased to welcome John to A2Gold as Vice President of Exploration. He brings a rare combination of deep Nevada exploration experience, discovery success, and major-company operational discipline. John’s background, couple ...
CopAur to Kick-Off the New Year with a Trip to Reno
TMX Newsfile· 2026-01-05 13:45
Vancouver, British Columbia--(Newsfile Corp. - January 5, 2026) - CopAur Minerals Inc. (TSXV: CPAU) ("CopAur" or the "Company") is pleased to report that, to get 2026 off to a fast start, Andrew Neale (CEO) and Chris Babcock (COO) will be in Reno the week of January 5th, 2026. The purpose of the trip is to meet with various consultants and service providers who are assisting the Company with the development of the Kinsley Mountain Gold Project.To view an enhanced version of this graphic, please visit:https ...
Blue Lagoon's Underground Production Ramps Up
Thenewswire· 2026-01-05 13:00
Core Viewpoint - Blue Lagoon Resources Inc. is making significant progress towards consistent mine production and regular deliveries of mineralized material to its milling partner, Nicola Mining Inc. [1] Operational Progress - Dome Mountain has resumed production activities post-holiday, with expectations to achieve consistent production of approximately 100 tonnes per day by the end of the month, aiming for a fully permitted production level of 150 tonnes per day [2][7] - The early stages of ramping up underground mining faced timing delays and operational constraints, which have now been largely resolved, allowing for increased underground activities [3][4] Production and Revenue Generation - In December, the company shipped approximately 1,300 tonnes of mineralized material to Nicola Mining, receiving its first payment for about 1,000 tonnes, with 300 tonnes still pending processing [4] - Approximately 150 tonnes of mineralized material is stockpiled at Dome Mountain, ready for shipment, with trucking expected to commence shortly [4] Financial Developments - The company has issued 116,884 common shares to several senior employees, pending approval from the Canadian Securities Exchange [5] - An unsecured, interest-free loan of $500,000 was received from the President to address short-term working capital needs, with an agreement to issue 151,515 bonus common shares to the lender [6] Future Plans and Enhancements - A second production shift is expected to enhance productivity and operational efficiency, with consistent production of 100 tonnes per day anticipated by month-end [7] - A fire assay laboratory facility is under construction, expected to process a minimum of 40 samples per day, aiding in rapid assay results for operational decision-making [7] - Underground surveying capabilities have been improved with the addition of a LiDAR unit, enhancing accuracy and mine planning [7] Company Background - Blue Lagoon Resources Inc. is a Canadian-based mining company operating the Dome Mountain Gold Mine, with a focus on sustainable practices and community engagement [8][10] - The company achieved a significant milestone in February 2025 with the granting of a full mining permit and has commenced underground mining operations [9]
Gold price today, Wednesday, January 7: Gold price opens above $4,500
Yahoo Finance· 2026-01-05 12:18
Gold (GC=F) futures opened at $4,505.40 per troy ounce Wednesday, up 0.2% from Tuesday’s closing price of $4,496.10. The price of gold fell in early trading. This marks gold’s first open above $4,500 since Dec. 26. The precious metal had been primarily trading in the $4,300s but pushed higher after the U.S. military action in Venezuela. The decline in early trading today may have been investor profit-taking, which has limited gold’s rallies over the last several weeks. New economic data this week will ...
Minera Alamos Completes Share Consolidation
TMX Newsfile· 2026-01-05 12:00
Toronto, Ontario--(Newsfile Corp. - January 5, 2026) - Minera Alamos Inc. (TSXV: MAI) (OTCQX: MAIFF) ("Minera Alamos" or the "Company") is pleased to announce that, pursuant to its news release dated December 30, 2025, the Company's common shares have been consolidated at a ratio of ten pre-consolidation shares to one post-consolidation share (the "Consolidation"). The common shares will begin trading on a post-consolidation basis on the TSX Venture Exchange at market open today, January 5, 2026.The Compan ...
West Point Gold Provides Summary of Transformative 2025 and 2026 Outlook
TMX Newsfile· 2026-01-05 12:00
Vancouver, British Columbia--(Newsfile Corp. - January 5, 2026) - West Point Gold Corp. (TSXV: WPG) (OTCQB: WPGCF) (FSE: LRA0) ("West Point Gold" or the "Company") is pleased to report the highlights from what was a transformative 2025 and an update on its 2026 plans."2025 was a transformative year for West Point Gold. Our team delivered significant exploration results at Gold Chain, increasing our exploration target and adding to the Company's Nevada portfolio with the Baxter Spring acquisition," stated D ...
Ophir Completes Review and Initiates Exploration Restart at the Breccia Gold Project in Idaho
TMX Newsfile· 2026-01-05 11:30
Core Viewpoint - Ophir Metals Corp. is repositioning its Breccia Gold Property as a cornerstone asset amid rising gold prices and increasing investor demand for North American precious metal projects [3][11]. Summary by Sections Property Overview - The Breccia Gold Property consists of 52 claims covering approximately 1,043 acres (422 hectares) in the Blackbird Mining District, located about 40 kilometers southwest of Salmon, Idaho [26]. - The property is accessible via paved highways and well-maintained gravel roads, and it includes the historical Gahsmith Gold Mine [26]. Geological and Mineralization Insights - The Breccia Gold Property is supported by a robust geological model and is on trend with the contiguous Challis Gold Project, with surrounding claims showing historical high-grade drilling results [4]. - Recent geophysical data, including CSAMT and magnetic surveys, indicate a continuous resistivity corridor associated with previously drilled gold mineralization, suggesting a structurally controlled system open for expansion [4][21]. - Drill hole BG21-004, located just meters from the property border, returned significant results of 13.02 g/t Au and 46.6 g/t Ag over 7.4 meters, indicating that the mineralized structure likely extends onto the property [5][8]. Exploration and Future Plans - The company is planning a 2026 exploration program focused on refining and testing new drill targets along the CSAMT-defined structural corridor and the northern breccia discovery area [19]. - Recent fieldwork has identified potential for parallel mineralized corridors extending north and east of the main Breccia Gold Zone, with a new breccia outcrop discovered approximately 800 meters north-northwest of the zone [9][10]. - The exploration program will include detailed geological mapping, channel sampling, and integration of CSAMT and historical drill data into a 3D geophysical-geological model [22]. Historical Context and Data Integration - A comprehensive review of historical and modern datasets has enhanced the understanding of structural and lithologic controls on mineralization, showing a clear relationship between high-grade gold intercepts and resistivity anomalies [7]. - The property has a history of exploration dating back to the 1930s, with significant low-sulfidation, epithermal gold system indications from recent exploration activities [26].