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Copper Fox to Present at Sidoti Virtual Investor Conference May 21-22, 2025
Newsfile· 2025-05-19 10:00
Calgary, Alberta--(Newsfile Corp. - May 19, 2025) - Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) (FSE: HPU) ("Copper Fox" or the "Company") announces that Elmer B. Stewart, President and CEO of Copper Fox, will present and host one on one meetings with investors at the Sidoti May Virtual Investor Conference, taking place on May 21-22, 2025. The presentation will begin at 3:15 ET on May 22, 2025 and can be accessed live here: https://sidoti.zoom.us/webinar/register/WN_kuwxay2NS06NYtPj9ucGAA. Neither the ...
Taseko Mines Is Structurally Weak, But Florence Copper Changes The Math
Seeking Alpha· 2025-05-19 04:27
Group 1 - Taseko Mines Limited (NYSE: TGB) is a Canadian mining company primarily focused on copper production [1] - The Gibraltar Mine in British Columbia is the company's main operation and has a long history of production [1] Group 2 - The company is categorized as a small- to mid-cap entity, which often attracts less attention from investors compared to large-cap companies [1]
First Quantum Publishes 2024 Sustainability Reports
Globenewswire· 2025-05-15 12:30
(In United States dollars, except where noted otherwise) TORONTO, May 15, 2025 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX: FM) has published its sustainability reports for 2024. The Environment, Social and Governance Report is the Company’s primary sustainability report, setting out its sustainability performance. The Company has also published its Task Force on Climate-related Financial Disclosures (“TCFD”) aligned Climate Change Report and Tax Transparency and ...
Oroco Announces Major Initiatives
Globenewswire· 2025-05-15 11:00
Core Developments - Oroco Resource Corp. announced three significant developments for its Santo Tomás Copper Project in northwestern Mexico [1] - The company aims to enhance the scale and long-term value of the project through a proposed river realignment [2][7] - Engagement of a respected environmental law firm in Mexico to assist with regulatory compliance and permitting [4][5] - Application for listing on the Toronto Stock Exchange to increase visibility and attract institutional investors [6][8] Project Details - The Santo Tomás Project covers a total area of 9,034 hectares, including 1,173 hectares of core concessions [9] - The project is located within 170 km of the Pacific deep-water port at Topolobampo, with access via highway and rail [12] - Historical exploration has defined significant copper porphyry mineralization, with over 30,000 meters drilled from 1968 to 1994 and an additional 48,481 meters drilled since 2021 [10][11]
Highland Copper Announces Completion of Copperwood Metallurgical Drilling and Continued Progress on Detailed Engineering
Globenewswire· 2025-05-14 11:30
VANCOUVER, British Columbia, May 14, 2025 (GLOBE NEWSWIRE) -- Highland Copper Company Inc. (TSXV: HI; OTCQB: HDRSF) ("Highland" or the "Company") is pleased to provide an update on recent developments at its 100%-owned Copperwood Project ("Copperwood") and the White Pine North Project ("White Pine"), a joint venture with Kinterra Copper USA LLC ("Kinterra"). Highland continues to advance Copperwood toward a near-term construction decision through a phased approach to detailed engineering which is designed t ...
Hudbay Delivers Strong First Quarter 2025 Results Driven by Gold Production and Record Cost Performance
Globenewswire· 2025-05-12 10:00
TORONTO, May 12, 2025 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "Company") (TSX, NYSE: HBM) today released its first quarter 2025 financial results. All amounts are in U.S. dollars, unless otherwise noted. Achieved revenue of $594.9 million and record quarterly adjusted EBITDA of $287.2 million in the first quarter of 2025. Strong financial results were driven by record low consolidated cash cost performance as all three business units expanded operating cost margins and executed on planned ...
巴克莱:金属与矿业-市场对中国钢铁减产报道态度不明
2025-05-12 03:14
Summary of Barclays Metals & Mining Conference Call Industry Overview - **Industry**: Metals & Mining, with a focus on the steel production sector in China and global commodity markets [1][7] Key Points and Arguments 1. **China's Steel Production**: - CISA estimates that nationwide steel production is up 5.4% year-to-date as of late April, contrasting with NBS's 1.1% increase to March [2] - Speculated output restrictions of 50 million tons of crude steel could lead to significant price increases due to low inventories, although rebar futures have fallen by 2.4% week-over-week [2] - Implementing a 50 million ton cut would require a 13.2% decline in average daily production for the remainder of the year, which may be challenging due to economic impacts on local economies [2] 2. **Commodity Price Movements**: - Iron ore prices have seen fluctuations, with a recent increase of 1% for 62% fines, currently at $98.2 per ton [14] - EU HRC prices remain stable at €652 per ton, with a 0% change week-over-week [15] - Copper prices increased by 1% to $9,473 per ton, reflecting a 10% rise over the past month [14] 3. **China's Economic Indicators**: - China's foreign exchange reserves increased by $41 billion month-over-month to approximately $3.3 trillion [9] - Total trade value in April reached 3.84 trillion yuan ($531.46 billion), up 5.6% year-over-year, with exports at 2.27 trillion yuan (+9.3% YoY) and imports at 1.57 trillion yuan (+0.8% YoY) [9] - The People's Bank of China (PBOC) announced a 0.5% cut in the reserve requirement ratio (RRR) for eligible financial institutions, expected to inject approximately 1 trillion yuan ($138.9 billion) into the market [9] 4. **Corporate Developments**: - De Beers is closing its lab-grown diamond business, reaffirming its commitment to traditional diamonds [8] - Guinea canceled a bauxite mining license held by EGA due to non-compliance with refinery construction requirements, impacting EGA's operations significantly [10] - KoBold Metals reached a preliminary agreement to acquire a stake in the Manono lithium deposit in the DRC, aiming to deploy over $1 billion for development [10] 5. **Market Sentiment**: - The market remains cautious with ongoing discussions about output restrictions in the steel sector and the impact of PBOC's monetary policy on market sentiment [12][13] - European steel plate prices have shown limited movement, with inquiries increasing but orders remaining low, indicating a cautious market environment [13] Additional Important Information - **Aluminium Market**: US aluminium inventories are expected to run dry by July, potentially leading to price increases due to tariffs [12] - **Copper Inventory Trends**: Copper inventories on the SHFE have declined by 60% month-over-month, indicating a tightening market [10] - **China's Real Estate Policy Changes**: Chinese officials are considering reforms to the housing market to stabilize prices, which may impact future demand [9] This summary encapsulates the key insights from the conference call, highlighting the current state of the metals and mining industry, particularly in relation to China's steel production and broader economic indicators.
Triumph Gold Updates Shareholders on Operations, Engages Market Maker, and Grants Options
Newsfile· 2025-05-09 20:26
Core Viewpoint - Triumph Gold Corp. is entering 2025 with a refined exploration focus, strategic growth objectives, and a commitment to responsible development, while also engaging a market maker and granting stock options to enhance shareholder value [1][3][17] Group 1: Leadership and Strategy - The company is led by John Anderson, who has over 25 years of experience in capital markets and resource sectors, guiding Triumph since its inception [2] - The company has streamlined operations and is positioned for disciplined growth, with strong core assets and a focused strategy amid improving market conditions for gold and copper [3] Group 2: Key Assets - The flagship Freegold Mountain Project in Yukon hosts over 2 million gold equivalent ounces across three mineralized zones, providing exposure to high-grade gold, copper, molybdenum, and tungsten [4] - The Andalusite Peak copper-gold project is located in British Columbia's Golden Horseshoe region, with plans for exploration advancement through geochemical surveys and mapping in 2025 [5][10] Group 3: Growth Strategy - The 2025 growth strategy focuses on project advancement, portfolio expansion, and disciplined exploration, including evaluating potential acquisitions of high-quality silver projects [7] - The company plans to review historical datasets and define new exploration targets outside current resource zones at Freegold Mountain to support potential discoveries [11] Group 4: Responsible Development - Triumph Gold is committed to responsible exploration and development, maintaining active engagement with First Nations and local communities, and prioritizing environmental stewardship and cultural respect [12][21] Group 5: Market Engagement - The company has engaged Independent Trading Group as a market maker to improve trading liquidity, with a compensation of CAD$6,500 per month for their services [13][14] - Triumph Gold has granted 4,750,000 incentive stock options to directors, officers, employees, and consultants, exercisable at $0.27 per share for five years [15][16]
Entrée Resources Announces First Quarter 2025 Results
Globenewswire· 2025-05-08 21:04
Core Viewpoint - Entrée Resources Ltd. has filed its interim financial results for Q1 2025, highlighting significant developments in its joint venture with Oyu Tolgoi LLC and ongoing operational updates related to the Oyu Tolgoi project in Mongolia [1][16]. Q1 2025 Highlights - The operating loss for Q1 2025 was $0.6 million, a decrease from $1.1 million in Q1 2024, attributed to higher legal costs in 2024 [7]. - As of March 31, 2025, the cash balance was $5.8 million, and the working capital balance was $5.9 million [17]. Arbitration and Joint Venture Agreement - A partial final award was made on December 19, 2024, in favor of Entrée Resources in its arbitration against Oyu Tolgoi LLC and Turquoise Hill Resources Ltd., dismissing the respondents' counterclaims [4]. - The Entrée/Oyu Tolgoi Joint Venture Agreement (JVA) was formally executed on February 3, 2025, with an effective date of June 30, 2008, and includes the assignment of an 80% or 70% beneficial interest in the Shivee West Property to OTLLC [4][10]. - The JVA requires OTLLC to hold title to the mining licenses on behalf of the joint venture participants [4]. Oyu Tolgoi Project Updates - Oyu Tolgoi achieved record copper production in March 2025, aligning with the Lift 1 underground mine ramp-up plan, and is projected to become the world's fourth-largest copper mine by 2030 [6]. - The project is on track for a greater than 50% year-on-year increase in production, with significant growth expected in the second half of the year [9]. Development Work and Drilling Programs - First underground development work on the Entrée/Oyu Tolgoi JV Property commenced in October 2024, with 95 equivalent meters of lateral development completed by March 31, 2025 [4][8]. - The 2024 drilling program included 5,031.6 meters of surface drilling and 6,566.88 meters of underground drilling, supporting the Lift 2 Panel 1 Pre-Feasibility Study [8]. - For 2025, an in-fill diamond drilling program of approximately 8,329 meters on the Shivee Tolgoi mining license has been approved [8]. Future Outlook and Strategy - The primary objective is to fully implement the arbitration award and transfer the licenses to OTLLC to maximize operational efficiencies and minimize delays in development work [10][11]. - The conversion of the Entrée/Oyu Tolgoi JVA into a more effective agreement is being pursued, which would include a mechanism for sharing up to 34% of economic benefits with the State [13][14].
CSE Bulletin: Notice of Distribution - Star Copper Corp. (STCU)
Newsfile· 2025-05-08 20:12
Toronto, Ontario--(Newsfile Corp. - Le 8 mai/May 2025) - Star Copper Corp. (“Star Copper” or the “Company”) has announced that, further to its news release dated May 6, 2025, the previously announced plan of arrangement (the “Arrangement”) will become effective on May 9, 2025 (the “Effective Date”). Star Copper shareholders of record as at the close of business on May 8, 2025 (the “Shareholders”) will receive, for each existing common share of the Company held immediately prior to the Effective Date: (i) ...