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T2 Metals Provides Update on Fire Situation at Sherridon VMS Project, Manitoba
Newsfile· 2025-05-29 17:47
Core Viewpoint - T2 Metals Corp is actively monitoring the wildfire situation near its Sherridon copper-gold-zinc Project in Manitoba, prioritizing the safety of personnel and the local community [2][4]. Group 1: Wildfire Situation - The Manitoba Wildfire Service has reported active fires close to the Sherridon community and the company's mineral concessions [2]. - As a precaution, T2 Metals has temporarily suspended field activities at the Sherridon project site to ensure safety and allow for continuous monitoring of the situation [3]. Group 2: Company Response - T2 Metals maintains clear communication with the Manitoba Wildfire Service and local authorities for real-time updates and guidance [3]. - CEO Mark Saxon expressed concern for the affected community and emphasized that the safety of the team and residents is the top priority, with plans to resume operations once it is safe [4]. Group 3: Company Overview - T2 Metals Corp is focused on enhancing shareholder value through exploration and discovery in under-explored areas, including the Sherridon, Lida, Cora, and Copper Eagle projects [5].
Intrepid Metals Intercepts 27.50% Copper, 10.15 gpt Gold, and 192 gpt Silver Over 0.55m in First Drill Hole of 2025 at Corral Copper
Newsfile· 2025-05-27 11:00
Intrepid Metals Intercepts 27.50% Copper, 10.15 gpt Gold, and 192 gpt Silver Over 0.55m in First Drill Hole of 2025 at Corral Copper May 27, 2025 7:00 AM EDT | Source: Intrepid Metals Corp. Vancouver, British Columbia--(Newsfile Corp. - May 27, 2025) - Intrepid Metals Corp. (TSXV: INTR) (OTCQB: IMTCF) ("Intrepid" or the "Company") is pleased to announce results from the first diamond drill hole of its 2025 exploration program at the Company's Corral Copper Property ("Corral" or the "Property") in Cochise Co ...
Valuing Rio Tinto Stock In 2025
Forbes· 2025-05-23 08:50
Core Insights - Rio Tinto is diversifying into critical minerals like lithium and bauxite to support the energy transition [1][3] - The company operates as a vertically integrated mining entity, enhancing cost management and quality assurance [1] - Iron Ore remains the primary revenue source, with strong demand from steel production in markets such as China, India, and Southeast Asia [2] Lithium and Copper Investments - Rio Tinto plans to invest up to $900 million for a 49.99% stake in the Maricunga lithium project, utilizing direct lithium extraction technology [4] - The company completed a $6.7 billion acquisition of Arcadium Lithium in March 2025, bolstering its position in the lithium market [4] - A 50% increase in copper production is anticipated from the Oyu Tolgoi mine in 2025, targeting 110,000–150,000 tonnes [5] Market Trends and Valuation - The global shift towards decarbonization is driving demand for lithium and copper, essential for electric vehicles and renewable energy infrastructure [3] - Rio Tinto's stock is currently valued at $80 per share, indicating a nearly 29% upside potential from its current price of $62 [7] - The stock is trading at 8 times its trailing earnings, below the company's average P/E ratio of 10 over the past five years [7]
力拓合并、印度石油天然气公司业绩未达预期、FMG最新消息、炼油强劲vs原油疲软
摩根大通· 2025-05-23 00:50
Specialist Sales APAC Specialist Sales 22 May 2025 J P M O R G A N Rio unification, ONGC miss, FMG update, Strong Refining vs Weak Crude Anmol Mehta +852 2800 8896 anmol.mehta@jpmorgan.com Key Highlights Today Commodities Price Action | Best Movers | | | | --- | --- | --- | | Ticker | Last Price | %1D | | Alumina (RMB/t) | 3230.0 | 1.5 | | LME ZINC 3MO ($) | 2710.5 | 1.3 | | Aluminium ($/t) | 2465.3 | 0.8 | | China Li2Co3 (Rmb/t) | 62500.0 | 0.6 | | US NatGas ($/mmbtu) | 3.4 | 0.2 | | Best Movers | | | Wors ...
Compared to Estimates, HudBay Minerals (HBM) Q1 Earnings: A Look at Key Metrics
ZACKS· 2025-05-12 14:35
For the quarter ended March 2025, HudBay Minerals (HBM) reported revenue of $594.9 million, up 13.3% over the same period last year. EPS came in at $0.24, compared to $0.16 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $518.52 million, representing a surprise of +14.73%. The company delivered an EPS surprise of +140.00%, with the consensus EPS estimate being $0.10.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- an ...
Norsk Hydro: Minutes from the Annual General Meeting 2025
Globenewswire· 2025-05-09 12:15
Core Points - The Annual General Meeting (AGM) of Norsk Hydro ASA took place on May 9, 2025, where all proposals from the Board of Directors were adopted, including a dividend distribution of NOK 2.25 per share [1] - A capital reduction was resolved through the cancellation of own shares and redemption of shares held by the Norwegian State [1] Dividend Details - The dividend will be paid on May 20, 2025, to shareholders registered as of May 9, 2025, with the shares trading excluding the right to dividend from May 12, 2025 [2] - Shareholder proposals were presented but none were adopted during the meeting [2] Additional Information - The minutes of the AGM are available on the company's website [3] - Contact information for investor and media inquiries is provided [3]
Nexa Resources S.A. Reports Voting Results from Annual and Extraordinary General Meetings
Newsfile· 2025-05-08 20:30
Nexa Resources S.A. Reports Voting Results from Annual and Extraordinary General MeetingsMay 08, 2025 4:30 PM EDT | Source: Nexa ResourcesLuxembourg, Luxembourg--(Newsfile Corp. - May 8, 2025) - Nexa Resources S.A. (NYSE: NEXA) ("Nexa Resources" or "Nexa" or the "Company") announces that the Annual General Meeting of the Shareholders and the Extraordinary General Meeting of the Shareholders were successfully held today at its registered office.A total of 117,688,927 shares were voted at the An ...
Stay Ahead of the Game With HudBay Minerals (HBM) Q1 Earnings: Wall Street's Insights on Key Metrics
ZACKS· 2025-05-07 14:21
Analysts on Wall Street project that HudBay Minerals (HBM) will announce quarterly earnings of $0.11 per share in its forthcoming report, representing a decline of 31.3% year over year. Revenues are projected to reach $521.22 million, declining 0.7% from the same quarter last year. The consensus EPS estimate for the quarter has been revised 4% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this ...
国泰君安期货商品研究晨报-20250428
Guo Tai Jun An Qi Huo· 2025-04-28 03:07
2025年04月28日 国泰君安期货商品研究晨报 观点与策略 | 黄金:风险偏好回升 | 3 | | --- | --- | | 白银:企稳反弹 | 3 | | 铜:基本面现实偏强,支撑价格 | 5 | | 铝:区间震荡 | 7 | | 氧化铝:小幅下跌 | 7 | | 锌:强现实弱预期,震荡调整 | 9 | | 铅:补库边际走弱,价格承压 | 11 | | 镍:上下方空间收敛,镍价或窄幅震荡 | 12 | | 不锈钢:现货补跌修基差,成本与负反馈盘面博弈 | 12 | | 锡:小幅修复 | 14 | | 工业硅:下游减产,盘面弱势运行 | 16 | | 多晶硅:现货下跌,盘面表现弱势 | 16 | | 碳酸锂:需求疲软叠加成本下移,偏弱运行延续 | 18 | | 铁矿石:预期反复,宽幅震荡 | 20 | | 螺纹钢:限产预期升温,短线反弹 | 21 | | 热轧卷板:限产预期升温,短线反弹 | 21 | | 硅铁:低位震荡 | 23 | | 锰硅:低位震荡 | 23 | | 焦炭:限产消息扰动,宽幅震荡 | 25 | | 焦煤:限产消息扰动,宽幅震荡 | 25 | | 动力煤:刚需发力有限,震荡偏弱 | 2 ...
Atico Reports Consolidated Financial Results for 2024
Globenewswire· 2025-04-24 20:30
Core Viewpoint - Atico Mining Corporation reported a net loss of $18.7 million for the year ended December 31, 2024, primarily due to a significant arbitration ruling in Colombia, despite achieving higher sales and operating income compared to the previous year [2][6][3]. Financial Performance - The company posted income from mining operations of $14 million, with sales increasing by 19% to $68.5 million compared to $57.5 million in 2023 [2][6]. - The net loss for 2024 was $18.7 million, a substantial increase from a net loss of $5.8 million in 2023, largely due to a $24.5 million pre-tax loss from the arbitration ruling [6][7]. - The average realized price for copper was $4.19 per pound, up from $3.94 in 2023, and for gold, it was $2,452 per ounce, compared to $2,009 in 2023 [6][7]. Production and Operational Details - Atico's El Roble mine produced 13.7 million pounds of copper and 9,106 ounces of gold in concentrate, with cash costs of $2.07 per payable pound of copper [2][8]. - Copper production increased by 4% year-over-year, while gold production decreased by 10%, attributed to changes in head grades and processed ore [8][9]. - The company processed 274,181 tonnes of ore, a decrease of 2% from 2023, with a copper grade of 2.46% and a gold grade of 1.61% [9]. Cash Costs and Margins - Cash costs per tonne of processed ore rose by 10% to $142.68, while cash costs per pound of payable copper increased by 1% to $2.07 [6][9]. - The cash margin per pound of payable copper produced was $2.12, reflecting a 12% increase over 2023 due to higher realized copper prices and improved copper head grades [6][9]. Arbitration and Liabilities - The arbitration ruling on March 7, 2025, required the company to back pay copper royalties since 1994, resulting in a total pre-tax loss of $24.5 million for 2024 [11][13]. - As of December 31, 2024, the company had an outstanding arbitration award liability of $13.2 million, with $4.7 million classified as a current liability and $8.5 million as a non-current liability [13]. Future Outlook - The company aims to prioritize production goals and cost efficiencies at El Roble while taking advantage of favorable metal prices [3][6]. - Atico is also working on obtaining necessary permits for the La Plata project, indicating ongoing development efforts in its project pipeline [14].