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Commitments Received for ~A$8.2m Placement
Globenewswire· 2026-02-26 14:23
Core Viewpoint - Novo Resources Corp. has announced a capital raising initiative aimed at raising gross proceeds of C$7.9 million (approximately A$8.2 million) through a placement of units and Chess Depository Interests (CDIs) to institutional and sophisticated investors [3][9]. Group 1: Capital Raising Details - The capital raising will involve the issuance of approximately 16.8 million units at C$0.10 per unit and approximately 61.1 million CDIs at A$0.105 per CDI [3]. - The placement will occur in two tranches, with Tranche 1 expected to raise approximately C$6.0 million (around A$6.2 million) and Tranche 2 expected to raise approximately C$1.9 million (around A$2.0 million), subject to shareholder approval [11]. - Major shareholder Northern Star Ltd has committed to participate in the placement up to its pro-rata holding of approximately 9% [5]. Group 2: Use of Proceeds - The funds raised are intended to be primarily used for planned drilling and reconnaissance activities across priority projects throughout 2026, as well as for general working capital purposes [9]. - Drilling will focus on high-priority projects in Western Australia, including Wyloo, Balla Balla, and Teichman, with programs set to commence in Q2 2026 [10][18]. Group 3: Project Highlights - At Wyloo, a proposed 1,500m RC drill program will target a high-grade vein array, with peak rock chip assays returning 0.93 g/t Au, 482 g/t Ag, 1.29% Sb, 2.62% Cu, 9.7% Pb, and 15.95% Zn [10]. - The Balla Balla project will see a planned 6,000m AC drill program aimed at expanding on a previously completed 5,996m Air Core drill program that identified a large polymetallic geochemical anomaly [18]. - The Teichman project will have a planned 2,000m RC drill program focusing on two shear zones that returned significant gold assays [18]. Group 4: Additional Information - Novo continues to receive strong annual dividends from its investment in the San Cristobal Mine, which has delivered excellent returns [13]. - The company has a significant land package covering approximately 4,160 square kilometers in the Pilbara region of Western Australia and is focused on discovering standalone gold and copper projects with over 1 million ounces of development potential [21].
Moon River Moly Ltd. Closes $3.6 Million LIFE Offering
TMX Newsfile· 2026-02-26 13:51
Toronto, Ontario--(Newsfile Corp. - February 26, 2026) - Moon River Moly Ltd. (TSXV: MOO) (OTCQB: MRIVF) ("Moon River" or the "Company") is pleased to announced that it has closed its "best efforts" private placement offering previously announced by the Company on February 11, 2026 (the "Offering"), pursuant to which 4,246,716 units of the Company (the "Units") were issued at a price of $0.85 per Unit for gross proceeds of approximately C$3,609,709.Each Unit consists of one common share of the Company (eac ...
Foremost Clean Energy Reports Results of its Historic Core Sampling Program at its Jean Lake Property
Globenewswire· 2026-02-26 13:00
Core Insights - The company has reported results from a targeted historic core resampling program at its 100%-owned Jean Lake Gold-Lithium Property, aimed at improving the understanding of gold distribution along the Valkyrie and Midas Gold Trends [1][2] Summary of Results - The resampling program identified additional mineralized sections and improved the representation of gold distribution within the Valkyrie structural corridor, supporting the refinement of geological interpretation [2][3] - The integration of new assay results from the 2025 gap-fill resampling program with previously reported gold intercepts from the 2023 drill program shows that mineralization extends beyond earlier reported intercepts [3][6] Significant Assay Results - Notable assay results include: - FM23-25: 1.10 g/t Au over 8.0 metres from 22.0–30.0m, including 6.9 g/t Au over 0.5 metres [5] - FM23-08: 0.64 g/t Au over 10 metres from 106.5-116.9m [5] - The updated interpretation indicates that the Valkyrie Trend has been traced over approximately 600 metres of strike length [9] Next Steps - The company plans to integrate the new gap-fill assay results with the 2025 drill program results to assist in the next phase of exploration, which will include step-out and infill drilling aimed at expanding the mineralized footprint [9][15] Quality Control and Analytical Methods - All drill core samples were collected as NQ-sized core, with systematic sampling conducted in mineralized zones and continuous sampling outside these zones [10] - Samples were analyzed by SGS Canada Inc., utilizing methods such as Fire Assay and multi-element geochemical analyses, ensuring strict quality control protocols [10][11]
Cascade Copper Provides Update on the Bendor Gold-Tungsten Project
Thenewswire· 2026-02-26 13:00
3D Magnetic Inversion Reveals Significant Interconnected Body Beneath Mineralized Zones Vancouver, British Columbia – TheNewswire - February 26, 2025. Cascade Copper Corp. (CSE: “CASC”) (“Cascade” or the “Corporation”) is pleased to announce that it has completed a 3D magnetic inversion of the recently flown airborne magnetic-radiometric survey on its Bendor Gold-Tungsten Project (the “Project”), located ~15 kilometres northeast of the operating high grade underground Bralorne Gold Mine near Gold Bridge, ...
ILZSG:2025年全球锌市场供应短缺3.3万吨,而铅市场供应过剩7.0万吨
Wen Hua Cai Jing· 2026-02-26 12:36
2025年12月全球锌市为供应短缺4.19万吨,11月为供应短缺4.57万吨。由于产量增长不及需求增速, 2025年全球锌市为供应短缺3.3万吨,2024年为供应短缺6.9万吨。 ILZSG称,2025年全球精炼锌产量增长了2.1%,得益于中国的产量增长6.1%,而中国以外地区的产量下 降了1.6%。巴西、哈萨克斯坦、墨西哥和日本的产量有所下降,Toho Zinc公司旗下的Annaka冶炼厂关 闭以及韩国的Seokpo工厂暂时停产。 2025年全球矿山锌产量增长了5.4%,这得益于澳大利亚、中国、印度、伊朗、秘鲁、南非和刚果民主 共和国等地区的产量增加,其中Kipushi矿于2024年中期开始运营。 SHMET 网讯:2月24日(周二),国际铅锌研究小组(ILZSG)公布的最新月度报告。 在欧洲,矿山锌产量上升,原因是爱尔兰的Tara矿重新开工,以及俄罗斯、波斯尼亚和黑塞哥维那产量 增加,抵消了巴西、厄立特里亚、哈萨克斯坦和美国的下降。据ILZSG的数据,中国锌精矿的进口量增 长了29.8%,达到258万吨;而精炼锌的净进口量则减少了一半,降至21万吨。 2025年全球锌市为供应短缺3.3万吨 报告显示,20 ...
Canada Nickel Announces Significant Awaruite at Midlothian Property
Prnewswire· 2026-02-26 11:45
MagneticNiGradeDTRMagneticFeGradeCOMP-C0.15 %2.6 %48 %62 %4.4 %3.30 %58.4 %COMP-B0.14 %3.2 %46 %66 %4.9 %2.76 %64.2 %COMP-A0.12 %2.7 %40 %61 %4.2 %2.96 %63.5 %COMP-D0.07 %3.6 %25 %71 %6.7 %1.03 %54.5 %Table 3 summarizes the results of microprobe investigations for each of the four samples that were subjected to Davis Tube testing. The results demonstrate the high nickel tenor of heazlewoodite and awaruite minerals and the low nickel grade of serpentine. These results coupled with the Davis Tube nickel resul ...
Copper Is 'Going Places,' And Everyone Is Hitching A Ride - Anglo American (OTC:AAUKF), BHP Group (NYSE:BHP)
Benzinga· 2026-02-26 11:03
Copper exchange inventories have climbed above 1 million tons for the first time in 21 years. Meanwhile, smelter activity has slowed, China’s demand softened, yet the price remains elevated despite pulling back from January highs.The answer lies in a lack of confidence in long-term supply. The market has entered an era of electricity intensity. Therefore, copper is no longer merely a cyclical industrial input but a foundational infrastructure for the 21st-century economy.Months Vs. DecadesElectric vehicles ...
IYY: Diversification Does Not Boost Risk-Adjusted Returns, A Hold
Seeking Alpha· 2026-02-26 05:10
Group 1 - The iShares Dow Jones U.S. ETF (IYY) is considered a more diversified investment vehicle compared to the iShares Core S&P 500 ETF (IVV) [1] Group 2 - Vasily Zyryanov focuses on identifying underpriced equities with strong upside potential and overappreciated companies with inflated valuations, particularly in the energy sector [2] - The analysis includes various industries such as mining, chemicals, and luxury goods, emphasizing the importance of Free Cash Flow and Return on Capital for deeper insights [2] - Zyryanov acknowledges that some growth stocks may deserve their premium valuations, highlighting the need for thorough analysis to determine the accuracy of market opinions [2]
午评:深成指探底回升涨0.28% 算力硬件股集体走强
Xin Hua Cai Jing· 2026-02-26 04:18
Market Overview - A-shares showed mixed performance on February 26, with the Shanghai Composite Index slightly down, the Shenzhen Component Index rebounding, and the ChiNext Index showing weaker performance. The Shanghai and Shenzhen markets had a half-day trading volume of 1.64 trillion yuan, an increase of 117.3 billion yuan compared to the previous trading day [1] Sector Performance - Strong performance was noted in sectors such as computing hardware, power generation, and small metals, with stocks like Shenzhen South Circuit, Dazhu Laser, and Yunnan Zhenye hitting the daily limit. The power sector also saw gains, with Ganneng Co. achieving two consecutive limit-ups [1][2] - Conversely, the lithium battery sector experienced a decline, with Penghui Energy dropping over 9%, and the film and cinema sector faced significant losses, with Bona Film Group experiencing a sharp drop [1][2] Institutional Insights - Citic Securities highlighted a recent export ban on lithium from Zimbabwe, which aims to strengthen mineral regulation and promote deep processing. This ban could lead to a significant increase in lithium prices, as Zimbabwe is projected to account for 19% of China's lithium ore imports by 2025 and 12% of global lithium resource output by 2026. Investors are advised to focus on stocks not affected by this export policy [3] - Citic Jiantou noted a recent surge in Hong Kong-listed surgical robot companies, driven by positive bidding outcomes. The firm remains optimistic about the surgical robot sector and related investment opportunities. Additionally, the A-share brain-computer interface sector saw significant gains before the Spring Festival, suggesting continued interest in AI healthcare and brain-computer interface themes [3]
中信证券:津巴布韦暂停锂矿出口 有望推动锂价大幅上涨
智通财经网· 2026-02-26 00:32
据USGS,2025年津巴布韦锂资源产量为2.8万金属吨,约占全球锂资源产量的10%。津巴布韦锂原矿及 锂精矿的出口目的地基本为中国。根据中国海关总署,2025年中国锂矿进口总量为775万吨(折79万吨 LCE),从津巴布韦进口锂矿120万吨(折15万吨LCE),占进口总量的19%。根据津巴布韦锂矿企业公告 的扩产计划,我们预计2026年津巴布韦锂矿产量为23.5万吨,约占2026年全球锂资源产量的12%。下游 需求即将进入旺季,根据SMM,中国锂盐库存仍较低,我们预计在津巴布韦锂矿出口禁令解除之前, 中国碳酸锂短期供应紧缺加剧,锂价有望大幅上涨。 据SMM及Mysteel,2月25日,津巴布韦矿业部宣布立即暂停所有原矿及锂精矿出口(含在途货物),仅持 有采矿权证且拥有经批准的矿产品深加工产能的矿业企业,方可获得矿产出口授权。按照此规定,津巴 布韦硫酸锂出口仍不受影响。津巴布韦矿业部表示,此次政策旨在加强矿产监管与问责,推动矿产品深 加工发展,并将矿产价值最大程度留存于津巴布韦境内。 津巴布韦锂矿出口禁令早有端倪,后续或提高当地锂矿行业集中度 2025年6月10日,津巴布韦矿业部就已宣布从2027年1月起禁止 ...