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Arizona Gold & Silver secures C$18M investment from Sorbie to advance flagship project
Proactiveinvestors NA· 2026-03-18 13:32
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content delivered includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for being a forward-looking technology adopter, utilizing technologies to assist and enhance workflows [4] - The company employs automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
American Resources (AREC) Expands Rare-Earths Processing Capacity
Yahoo Finance· 2026-03-18 13:19
Group 1 - American Resources Corporation (NASDAQ:AREC) has expanded its rare-earth processing capacity at its Indiana facility through the addition of a new processing line to meet growing demand for rare-earth feedstock processing [1][2] - The Electrified Materials Corporation (EMCO) unit processes end-of-line products and manufacturing scrap into rare-earth and critical mineral feedstocks, preparing them for further refinement [2] - The ReElement Technologies Corporation unit processes conditioned materials into rare-earth oxides, which are utilized in defense, electrification, and advanced manufacturing markets [3] Group 2 - ReElement has filed a patent for a lithium purification technology, marking its eighth patent filing, which describes a more efficient platform for processing lithium from brine and other feedstocks [4] - The lithium purification technology requires a smaller footprint and uses fewer chemicals compared to conventional refining processes [4] - American Resources Corp is engaged in the production and supply of raw materials for the infrastructure market, including steel, alloys, and critical minerals [5]
G50 CEO Comments on Potential Catalysts for Gallium Prices
Prnewswire· 2026-03-18 13:17
Core Viewpoint - Gallium is emerging as a significant commodity, with potential for its price to double in 2026 due to various market dynamics and geopolitical factors [1]. Group 1: Price Dynamics - The price of gallium has increased by over 10% in the past two months, currently standing at approximately US$2,269.40/kg, which translates to about $62 per ounce, marking a 32% increase year-to-date [1]. - China's export controls on gallium, implemented in August 2023, have led to a nearly fourfold increase in gallium prices [2]. Group 2: Demand Drivers - Approximately 75% of gallium demand is driven by defense applications, particularly for radar systems that utilize Gallium Nitride (GaN) technology [2]. - Modern military systems, such as THAAD, rely heavily on GaN technology for enhanced radar capabilities, indicating a strong and growing demand for gallium in defense [2]. Group 3: Supply Chain Vulnerabilities - Recent conflicts, including the ongoing war in the Middle East, have highlighted the vulnerabilities in the gallium supply chain, making it difficult to replace GaN-based sensors due to material constraints [3]. - Demand for gallium is projected to outpace supply until 2050, suggesting a long-term supply challenge in the market [3]. Group 4: Future Catalysts - A significant catalyst for gallium prices is the anticipated update to reference prices and price floors for critical minerals by the U.S., EU, and Japan, aimed at creating a preferential zone to protect against cheaper Chinese exports [4]. - This pricing strategy will also encompass other critical minerals such as germanium, antimony, and tungsten, which are vital for defense and high-tech sectors [5]. Group 5: Company Positioning - G50 Corp is actively exploring gallium at its Golconda Project in Arizona, which is strategically located near existing mining infrastructure to meet the growing domestic demand for gallium in the U.S. [6].
Lost Money on Ramaco Resources, Inc. (METC)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky
Prnewswire· 2026-03-18 13:00
Core Viewpoint - A class action securities lawsuit has been filed against Ramaco Resources, Inc. (NASDAQ: METC) due to alleged securities fraud affecting investors between July 31, 2025, and October 23, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that the defendants made false statements and concealed significant information regarding the Brook Mine, including the lack of any substantial mining activity and overstated development progress [3]. - The allegations suggest that the positive statements made by the defendants about the Company's business and prospects were materially misleading and lacked a reasonable basis [3]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until March 31, 2026, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, indicating no financial obligation to participate in the lawsuit [4]. Group 3: Legal Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [5].
Eagle Nuclear Energy Selects SLR International Corporation to Lead the Permitting Effort at Aurora Uranium Project
Globenewswire· 2026-03-18 12:30
Core Viewpoint - Eagle Nuclear Energy Corp. has engaged SLR International Corporation to manage the permitting process for its Aurora Uranium Project, which is one of the largest undeveloped uranium deposits in the United States [1][3]. Company Overview - Eagle Nuclear Energy Corp. is a next-generation nuclear energy company that owns the largest conventional, measured, and indicated uranium deposit in the United States, located in southeastern Oregon [6]. - The Aurora deposit contains 32.75 million pounds of indicated and 4.98 million pounds of inferred near-surface uranium resources [6]. Project Development - SLR International Corporation will serve as the lead permitting manager for the Aurora Uranium Project, overseeing environmental permitting tasks and conducting various environmental studies [1][4]. - The collaboration aims to expedite the permitting process, with a goal to achieve operational milestones over the next 12-18 months [3][5]. Strategic Importance - The Aurora project is central to Eagle's long-term strategy to develop a vertically integrated nuclear energy platform, combining domestic uranium resources with advanced Small Modular Reactor (SMR) technology [5]. - As global demand for nuclear power increases, the company believes that Aurora will become a strategic source of uranium for the next generation of nuclear energy [5]. SLR International Corporation's Role - SLR has a proven track record with the Bureau of Land Management and the Oregon Department of Geology and Mineral Industries, having successfully obtained permits for other projects in the region [3]. - The SLR team is expected to help Eagle get the Aurora project on the FAST-41 list, which could further expedite the permitting process [3][4].
BHP's Next CEO Prefers Growth, Open To 'Incredibly Compelling' Deals
Benzinga· 2026-03-18 11:23
Core Insights - BHP has appointed Brandon Craig as the new CEO, who is expected to lead the execution of the company's strategy and enhance shareholder returns [1] - The previous CEO, Henry, is recognized for making BHP safer, more productive, and financially stronger during his tenure [2] Leadership Background - Craig has over 25 years of experience at BHP, having joined in 1999, and previously served as President Americas, where he led growth strategies in key markets [3] - He also managed the Western Australia Iron Ore division, improving operational performance and reinforcing BHP's status as a low-cost major producer [4] Strategic Focus - Under Henry's leadership, BHP underwent significant transformation, moving away from petroleum and focusing on copper and potash, achieving sector-leading performance in iron ore [5] - The company achieved average annual shareholder returns of around 17% and returned approximately $80 billion to investors, while also making progress on sustainability goals [6] Future Direction - Craig aims to focus on organic growth in core commodities while being selectively open to mergers or acquisitions, emphasizing that any potential deals must be compelling [7] - BHP's shares saw a slight increase of 0.91% during premarket trading, reflecting market confidence in the new leadership [7]
X @Bloomberg
Bloomberg· 2026-03-18 11:03
BHP Group is sending a cargo of Jimblebar fines — a type of iron ore that’s restricted by China’s state buyer — to India, sources say, the latest sign that the world’s biggest miner is diverting shipments to other markets https://t.co/47kIj5tNqP ...
Val-D'Or Mining Enters into Option Agreement near Former Kerr Mine, Ontario
TMX Newsfile· 2026-03-18 11:00
Core Viewpoint - Val-D'Or Mining Corporation has entered into a mining option agreement with Gold Candle Ltd. for the Recession Larder Prospect, allowing Gold Candle to acquire a 100% interest in the property located in northeastern Ontario [1][2]. Financial Terms - The agreement includes an initial payment of $100,000 upon signing, followed by two additional payments of $100,000 on the first and second anniversaries of the agreement [2]. - Gold Candle is required to incur a total of $1,000,000 in expenditures on the property over three years [2]. Royalty and Back-In Rights - Upon acquiring a 100% interest in the property, Gold Candle will grant Val-D'Or a 2% Net Smelter Return royalty [3]. - Val-D'Or has the right to reacquire a 20% interest in the property after the first publication of an estimate of Mineral Reserves, with a 90-day window to exercise this right [4]. Property Background - The Recession Larder Prospect consists of 14 contiguous mining claim cells totaling approximately 121 hectares, located near the past-producing Kerr-Addison Mine [5]. - The geology includes volcanic rocks and sediments, with mineralization associated with secondary faults and quartz veining [6]. Historical Exploration - Initial exploration on the property dates back to 1939, with various programs conducted over the years, including drilling and geophysical surveys [7][8]. - The Kerr-Addison mine, acquired by Gold Candle in 2015, has seen extensive drilling and resource estimation, with a planned 120,000-meter drill program announced for 2026 [9]. Company Overview - Val-D'Or Mining Corporation is a junior natural resource issuer focused on acquiring and exploring mineral properties, primarily in the Abitibi Greenstone Belt [11]. - The company seeks to identify new projects and partners for advanced exploration, with interests in various mineral commodities [12].
Ideal Group of Companies Inc. Acquires Hospitality Development Group in a Multi-Asset Transaction
Thenewswire· 2026-03-18 11:00
Core Insights - Ideal Group of Companies, Inc. (IDGR) has acquired Hospitality Development Group (HDG) in an all-stock transaction, positioning IDGR for significant growth and enhanced shareholder value through a diversified portfolio of assets [1][2] Real Estate Development - The acquisition includes two key real estate projects: Palazzo del Lago Resort in Orlando, Florida, featuring 1,552 luxury rooms and suites, and Arden Mills Development in Fitchburg, Massachusetts, consisting of 156 rental units [7][8] - Palazzo del Lago Resort is designed in the Italian Renaissance style and will be branded by a world-renowned hotel chain, while Arden Mills will capitalize on the multi-family demand in the area [7][8] Mining Assets - IDGR is expanding into precious metals with the acquisition of gold mining and mineral rights concessions in Bolivia, providing exposure to valuable commodities and diversifying revenue streams [9] Technology Platforms - The transaction enhances IDGR's technology capabilities through three platforms: Virtual HealthMD for telehealth services, Virtual PetMD for pet care telehealth, and Virtual365.app for hosting immersive virtual events [10][11][12] Strategic Value - The acquisitions are expected to deliver multiple strategic advantages, facilitating funding for real estate development and technology operations, thereby creating a diversified powerhouse for sustainable growth [13][14]
2 Mining Stocks to Buy in March
Yahoo Finance· 2026-03-18 10:58
Group 1: Mining Industry Overview - Mining stocks have generally declined since the U.S. and Israel attacked Iran on February 28, despite an initial surge due to the perception of gold and precious metals as safe-haven assets [1] - The decline in mining stocks is attributed to rising oil prices, which have exceeded $100 per barrel, leading to increased energy costs, inflation, and potential interest rate hikes, negatively impacting precious metals [2] Group 2: Company Performance - Agnico Eagle Mines - Agnico Eagle Mines, Canada's largest mining company and the second-largest gold producer globally, has shown resilience with a stock increase of over 19% this year, contrasting with the S&P 500's decline of more than 3% [3] - The company reported earnings per share (EPS) of $8.89 in 2025, a 135% increase, and EBITDA of $8.8 billion, up 89%, while maintaining all-in sustaining costs for gold at $1,339 per ounce, allowing for higher margins as gold prices surpassed $5,000 per ounce [7] - Agnico Eagle has increased its quarterly dividend by 12.5% for 2026 after returning a record $1.4 billion to investors in 2025 through dividends and share buybacks, with a current yield of 0.8% and a payout ratio of 18%, indicating potential for future hikes [8] - The company is actively acquiring other mining companies, including O3 Mining, and has taken equity stakes in Perpetua Resources and other Canadian junior mining firms, predicting stable annual gold production of 3.3 million to 3.5 million ounces over the next three years [9]