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Southern Copper (NYSE:SCCO) Earnings Call Presentation
2026-02-13 12:00
COMPANY PRESENTATION February 2026 Safe Harbor Statement The material in this presentation contains certain statements that are neither reported financial results nor other historical information . These estimates are forward -looking statements within the meaning of the safe - harbor provisions of the securities laws . These forward -looking estimates are subject to risk and uncertainties that could cause actual results to differ materially from the expressed in the forward -looking statements . Many of th ...
A.I.S. Resources' Saint John Copper/Gold/Antimony Project Gets TSXV Acceptance
Globenewswire· 2026-02-13 11:30
Core Insights - A.I.S. Resources Limited has received TSXV Exchange acceptance for an earn-in agreement with Riversgold Ltd, allowing AIS to acquire up to a 75% interest in the Saint John IOCG/Porphyry Project in New Brunswick, Canada [1][2] Project Overview - The Saint John Project is a district-scale IOCG/porphyry exploration target, providing exposure to precious metals like gold and silver, as well as copper and antimony [3] - The project spans 101 km² in a Tier-1 mining jurisdiction, located 20 km west of Saint John and 50 km from the U.S. border, benefiting from excellent infrastructure [4] Transaction Terms - AIS will issue 2,860,000 shares at $0.05 per share to Riversgold to earn a 51% interest, requiring expenditures of CAD $400,000 in Year 1 and CAD $1 million in Year 2 for exploration and drilling [6] - To increase its interest to 75%, AIS must spend an additional CAD $3 million over Years 3-4 on drilling and early development work [6] - Riversgold retains a 25% free-carried interest until a decision to mine is made, with provisions for dilution and conversion to a 2% NSR if below 10% [6] Geological Highlights - Surface samples from the Roadside Quarry show gold grades up to 41.6 g/t, silver up to 1,600 g/t, copper up to 7.64%, and antimony greater than 1% [7] - The Prince of Wales Prospect has surface samples with gold up to 11.4 g/t, silver up to 1,050 g/t, and copper up to 10.55% [9] - The Hideaway Prospect shows gold up to 1.7 g/t, silver up to 8 g/t, and copper up to 2.01% [10] Next Steps - AIS plans to expand drone MobileMT and IP surveys across the project and refine drill targets with a budget of approximately CAD $300,000 [13] - A maiden drilling program of 2,000 meters is approved for 2025 [8]
Bayridge Announces Appointment of Interim Chief Financial Officer and Corporate Secretary
TMX Newsfile· 2026-02-13 11:30
Company Changes - Patience Pachawo has resigned from her roles as Chief Financial Officer and Corporate Secretary of Bayridge Resources Corp. [1] - Gurleen Kaur has been appointed as Interim Chief Financial Officer and Corporate Secretary, effective immediately [1]. Company Overview - Bayridge Resources Corp. is a green energy company focused on advancing a portfolio of Canadian uranium projects [3]. - The flagship project, Baker Lake Uranium Project, holds a 51% interest and consists of 83 contiguous claims covering 619 km² in Nunavut's Kivalliq Region [3]. - Exploration activities have identified a 75-km unconformity with multiple uranium targets, supported by modern airborne geophysics and drilling [3].
X @Bloomberg
Bloomberg· 2026-02-13 11:10
Hong Kong's benchmark stock index is adding EV battery-maker CATL, miner CMOC and jeweler Laopu Gold https://t.co/bp3cbVD3gs ...
EcoGraf investigating use of mine tailings in building products
The Market Online· 2026-02-13 04:53
Join our daily newsletter At The Bell to receive exclusive market insightsEcoGraf (ASX: EGR) has signed a non-binding memorandum of understanding with the Geological Survey of Finland (GTK) to explore the utilisation of mineral tailings in the mass production of low‐carbon building products.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.The Australian materials business is collaborating with GTK and mat ...
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Ramaco Resources, Inc. of Class Action Lawsuit and Upcoming Deadlines - METC
Prnewswire· 2026-02-12 23:42
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Ramaco Resources, Inc. of Class Action Lawsuit and Upcoming Deadlines - METC [Accessibility Statement] Skip NavigationNEW YORK, Feb. 12, 2026 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Ramaco Resources, Inc. ("Ramaco" or the "Company") (NASDAQ: METC). Such investors are advised to contact Danielle Peyton at [[email protected]] or 646-581-9980, (or 888.4-POMLAW), toll-free, ...
Small Cap Watch: Earnings and capital raises set tone in early small-cap news
Yahoo Finance· 2026-02-12 23:02
Market Overview - ASX small caps are experiencing a cautious end to the week following a global tech-led sell-off and a decline in commodity prices [1] - The Small Ordinaries index fell by 1.76%, underperforming the broader ASX 200, as volatility in tech and healthcare sectors affected emerging companies [2] Alkane Resources - Alkane Resources Ltd reported record operating and financial results for the December half, driven by higher gold and antimony prices and contributions from its expanded three-mine portfolio [3] - The company achieved gold equivalent sales of 74,094 ounces, generating $404 million in revenue for H1 FY26, with a net profit of $65 million and adjusted EBITDA of $185 million [4] - Alkane ended the half with $246 million in cash, bullion, and listed investments, and is on track to meet its full-year production and cost guidance [4] AuMEGA Metals - AuMEGA Metals Ltd has initiated a brokered Listed Issuer Financing Exemption (LIFE) offering to raise up to C$10 million for exploration in Newfoundland, Canada [5] - The funds will primarily support the company's largest drill program in four years, targeting up to 15,000 metres across various prospects in the Cape Ray District [6] St George Mining - St George Mining Ltd announced that the State of Minas Gerais in Brazil has granted a preferential goods tax regime for its Araxá rare earths and niobium project, reducing development costs by exempting equipment and materials from a state goods tax of up to 18% [7] - This fiscal support follows previous collaboration agreements with the state and will aid ongoing feasibility work at Araxá, including plans for a large-scale pilot plant through a joint venture with CEFET [8]
Mining Stock Soars 220% in One Year, but Could a $10.89 Million Exit Signal a Shift?
Yahoo Finance· 2026-02-12 22:35
Core Insights - Sagil Capital has fully exited its position in Compañía de Minas Buenaventura S.A.A., selling 447,516 shares for approximately $10.89 million during the fourth quarter [1][2] Company Overview - Compañía de Minas Buenaventura S.A.A. is a Peruvian mining company with a diversified portfolio of precious and base metal assets, operating multiple mining units and by-product streams [6][9] - As of February 11, the company's shares were priced at $40.48, reflecting a significant increase of 220.51% over the past year, outperforming the S&P 500's 14% gain [3][10] - The company has a market capitalization of $10.28 billion, with a trailing twelve months (TTM) revenue of $1.41 billion and a net income of $432.45 million [4] Recent Performance - The company's stock has experienced extraordinary growth, reaching $40.48 as of February 11, driven by stronger production and improved realized metal prices [10] - The mining sector is characterized by cyclical trends and capital intensity, making it sensitive to commodity price fluctuations [10] Investment Implications - The decision to exit the position may reflect a strategic move to manage portfolio risk, especially given the significant gains in the mining stock [7][11] - For long-term investors, the focus should be on cycle exposure, as Buenaventura's earnings are closely linked to global pricing trends and operational conditions in Peru [12]
Aura Minerals Surges 200% Since IPO as $8 Million New Stake Signals Fresh Interest
The Motley Fool· 2026-02-12 22:32
Company Overview - Aura Minerals is a mid-sized producer of precious and base metals, primarily gold, copper, and silver, with operations across the Americas [5][7] - The company employs a vertically integrated mining model, managing all aspects from exploration to sale, which enhances operational control and efficiency [7][9] - As of February 12, 2026, Aura Minerals had a market capitalization of $6.29 billion and a revenue of $771.59 million for the trailing twelve months (TTM) [4] Recent Developments - On February 12, Sagil Capital LLP disclosed a new position in Aura Minerals, acquiring 155,992 shares valued at approximately $7.86 million [2][6] - This acquisition represents 1.79% of Sagil Capital's reportable U.S. equity assets, indicating a strategic allocation towards Aura Minerals [3][6] - Aura Minerals' share price was $75.26 as of February 11, 2026, reflecting a remarkable 200% increase since its Nasdaq debut in July [3][9] Market Context - The recent momentum in precious metals has influenced portfolio adjustments, with Aura Minerals being a deliberate addition to a portfolio already exposed to commodities [6][8] - The company's strong performance in production and cost management has contributed to its stock price surge, supported by favorable gold prices [9][10] - Investors are focused on whether Aura Minerals can sustain production growth and maintain a strong balance sheet following its significant stock price increase [10]
Canuc Announces Share Consolidation
TMX Newsfile· 2026-02-12 21:36
Core Viewpoint - Canuc Resources Corporation plans to consolidate its common shares at a ratio of ten pre-consolidation shares for one post-consolidation share, aiming to attract new investors as it transitions to gold production in Ontario [1][7]. Share Consolidation Details - The company currently has 284,531,484 common shares outstanding, which will reduce to approximately 28,453,148 shares post-consolidation, with slight variances expected due to fractional rounding [2]. - The consolidation is authorized by the board of directors based on shareholder approval from a meeting held on December 21, 2018 [2]. Adjustments to Securities - All outstanding warrants, stock options, and other convertible securities will be adjusted to reflect the consolidation, increasing exercise or conversion prices by a factor of 10 and reducing the number of shares issuable by the same factor [3]. Regulatory Approval - The consolidation is subject to final acceptance by the TSX Venture Exchange, with an expected effective date of February 17, 2026 [4]. Shareholder Instructions - Uncertificated shareholders will have their accounts electronically adjusted, while registered shareholders with physical certificates will receive a letter of transmittal to exchange their shares [5][6]. Company Transition and Projects - Canuc is transitioning to a gold producer in Ontario while maintaining 100% ownership of two significant exploration assets: the East Sudbury Project in Ontario and the San Javier Silver-Gold Project in Mexico [7][8]. - The East Sudbury Project spans 19,710 hectares and is near the Sudbury Mining Camp, while the San Javier Project covers 1,052 hectares and shows extensive mineralization [7][8]. Cash Flow Generation - The company generates cash flow from natural gas production at its MidTex Energy Project in Texas, which includes eight producing natural gas wells [9].