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Global Uranium Corp. Finalizes Contractor and Work Plans for Field Program at the Airline Project in Wyoming, USA
Globenewswire· 2025-10-07 12:00
CALGARY, Alberta, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Global Uranium Corp. (CSE: GURN | OTC: GURFF | FRA: Q3J) (the “Company”) is pleased to announce that it has finalized work plans and selected Big Rock Exploration (“BRE”) as contractor for the upcoming field program at the Airline Project, located in the Copper Mountain District of Wyoming. The program is scheduled to commence in October and will be carried out by a three-person crew, including a project manager and two geotechnicians. The team will spend ...
Lithium Americas Analysts Sour as US Stake Sparks 188% Rally
Yahoo Finance· 2025-10-07 13:43
It’s almost old hat to the market by now. Take a struggling company, cut a deal with the US government, sealed with the approval of President Donald Trump, sit back and watch the stock take off. But after shares of Lithium Americas Corp. soared 188% in just two weeks, analysts are starting to challenge the stock’s vaunted valuation and the deal’s less than favorable terms for stockholders in the Canadian mining company. Most Read from Bloomberg “Simply put, we failed to appreciate how a heated bull mark ...
CEO.CA's Inside the Boardroom: Ecora CEO on Market Tailwinds and 2025 Drivers After 81% H1 Base Metals Growth
Newsfile· 2025-10-07 11:30
CEO.CA's Inside the Boardroom: Ecora CEO on Market Tailwinds and 2025 Drivers After 81% H1 Base Metals GrowthOctober 07, 2025 7:30 AM EDT | Source: CEO.CA Technologies Ltd.Toronto, Ontario--(Newsfile Corp. - October 7, 2025) - CEO.CA ("CEO.CA"), the leading investor social network in junior resource and venture stocks, shares exclusive updates with CEOs of junior mining explorers.Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial we ...
Market Snapshot: Mining Financing, Pharma Milestones, and ECB Sentiment
Stock Market News· 2025-10-07 11:08
Key TakeawaysTitan Mining Corporation (TI) has received financing interest of up to $120 million from the US EXIM Bank for its Kilbourne Graphite Project, signaling significant government support for critical mineral development.Eli Lilly and Co (LLY) announced that its drug Omvoh (mirikizumab-mrkz) is the first and only IL-23p19 antagonist to demonstrate four years of sustained, corticosteroid-free comprehensive patient outcomes in ulcerative colitis, with 80% of patients maintaining long-term remission.Ec ...
USCM Amends McDermitt East Option Agreement to Provide for Acquisition of 100% Interest in the Project
Newsfile· 2025-10-07 11:00
Core Viewpoint - US Critical Metals Corp. (USCM) has amended its agreement to acquire a 100% interest in the McDermitt East Lithium Project, enhancing its position in the North American critical minerals sector and aligning with U.S. government priorities to reduce reliance on foreign supply chains [1][3]. Company Overview - USCM, through its subsidiary US Energy Metals Inc. (USEM), is focused on securing U.S. supply chains for critical metals and rare earth elements, with interests in multiple projects across the U.S. [11]. Project Details - The McDermitt East Lithium Project is located in the McDermitt Caldera, a significant lithium district in North America, which is home to some of the largest lithium deposits, including the Thacker Pass project [1][8]. - Previous sampling results at McDermitt East indicated lithium concentrations of up to 2,129 ppm, highlighting its potential as a vital lithium source [2]. Transaction Terms - Under the amended agreement, USCM will make an initial payment of C$25,000 and issue 1,283,000 common shares valued at $0.30 to acquire the first 50% interest, followed by a final payment to secure the remaining 50% [5][6]. - The agreement includes a 2% Net Smelter Return (NSR) royalty in favor of the original stakeholders, with an option for USCM to repurchase 1% of the NSR for CAD $1,000,000 [6]. Management Commentary - The CEO of USCM emphasized that this transaction marks a significant milestone, reinforcing the company's commitment to building a portfolio that supports U.S. supply chains and critical mineral independence [3].
Morning Bid: AI and deals fizz drown out politics
Yahoo Finance· 2025-10-07 10:48
By Mike Dolan LONDON (Reuters) -What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets World stock markets cooled a touch on Tuesday after another AI-spurred start to the week, with Washington's shutdown putting the spotlight Federal Reserve speakers rather than data and overseas attention on Japan's new prime minister and the absence of one in France. AI-fueled risk appetite helped gloss over the messy political pictures to send Wall Street and world stock to ...
Stock Market Today: Dow Jones, Nasdaq Futures Slip Amid Delay In Trade Deficit Data During Shutdown—Trilogy Metals, AMD, Applovin In Focus - SPDR S&P 500 (ARCA:SPY)
Benzinga· 2025-10-07 09:48
U.S. stock futures fell on Tuesday following Monday’s mixed moves. Futures of major benchmark indices were lower.The Advanced Micro Devices Inc. (NASDAQ:AMD) deal with OpenAI fueled the rally in AI-linked stocks on Monday, which has been powering Wall Street’s bull run this year.Meanwhile, President Donald Trump indicated willingness to work with the Democrats on healthcare and other policies, but only after they reopened the government, which is in its seventh day of a shutdown that began on Oct. 1. The U. ...
Why Hecla Mining Stock Surged in September
The Motley Fool· 2025-10-07 09:30
The company benefited from a significant analyst price target hike, among other price-lifting factors.Hecla Mining (HL 4.87%) investors probably felt that they hit something of a mother lode in September. On the back of several factors, the company -- which primarily concentrates on silver, but also extracts desired goods from the Earth like gold and zinc -- saw its share price zoom more than 42% higher during the month. A small-cap starOne major catalyst for this double-digit rise was Hecla's ascension to ...
Thesis Gold extends mineralisation at Bingo zone in Lawyers-Ranch project
Yahoo Finance· 2025-10-07 09:29
Canadian resource development company Thesis Gold has announced initial drill results from the 2025 exploration season and the completion of an 86 line-kilometre (km) induced polarization (IP) geophysical survey at its Lawyers-Ranch Project in the Toodoggone mining district of northern British Columbia. During this exploration season, the company’s focus was on follow-up resource expansion at the Bingo zone, and deepening its understanding of new and previously untested targets via further geophysical s ...
Up 350% Year to Date, is the Party Over for MP Materials Corp Investors?
The Motley Fool· 2025-10-07 07:40
MP Materials has seen a huge increase in interest in its business, but the big story is that the interest is from more than just investors.MP Materials (MP 4.24%) went public a few years back via a merger with a special purpose acquisition corporation (SPAC). Like many SPAC deals, there was initial excitement that eventually cooled off. At least until 2025, when MP Materials' unique focus led to a big investment from the U.S. government.The business appears to have a huge growth opportunity ahead of it. Wha ...